Why FHA for Acquisitions and Refinancing?

• Low fixed interest rates

• Nonrecourse

• High leverage

• Fully amortizing

• 35 year term

• Market rate or affordable

• Family or seniors

• Cash out available at lower leverage

Terms:

• 85% LTV

• 85% LTC

• 1.176 DSC

The FHA advantage:

• No interest rate risk

• No refinance risk

• No balloon

• No hedging required

• No guarantees (except standard carveouts)

• Leading FHA Lender – consistently ranked in the top 20 nationwide

• National practice, MidAtlantic focus

• In-house servicing on all loans

• Bridge financing available

• Seasoned team to guide you

How we help:

• Market intelligence

• Quick loan sizing

• Deal structuring

• Third party coordination

• Solid execution

AGM: By Region

---

Download our "Why FHA for Acquisitions and Refinancing" flyer PDF here.

To see how AGM can help get your deal done, contact Steve Rudow at 443.573.2061 or srudow@agmfinancial.com.

2020 is Done!

2020 is Done! We would like to thank all of our clients, their deal teams, consultants and service providers for making 2020 a very productive year, despite so many challenges.

Over $703M in new FHA-insured loans, refinances and restructurings for 39 properties with almost 6,300 units.

For 2021, HUD’s Revised MAP Guide is here!

To see how AGM can make your deal work for you, contact Steve Rudow at 443.573.2061 or srudow@agmfinancial.com

The AGM Team is Growing!

Please join us in welcoming our newest additions! Learn more about the AGM team here.

What's on Your Plate? "Order from the HUD Menu", Scotsman Guide Article, August 2020

Read Scotsman Guide - August 2020 article, "Order from the HUD Menu. This Agency provides many options for funding apartment deals" by author and AGM Originator, Steve Rudow. Read Article Here.

AGM Saves Borrower over $1,000,000/Year

Over the past six months we successfully refinanced three properties with loans totaling over $113,000,000 for one of our clients. 

We obtained new HUD-insured Section 223(a)(7) loans to reduce both the interest and MIP rates paid on all three loans, resulting in combined savings of just over $1,000,000 per year! The Section 223(a)(7) program is for properties already with HUD-insured loans, so the underwriting and review process is reduced, faster and less expensive than a traditional refinance. The more robust Section 223(f) program is available for most existing Multifamily communities, including those which have just been completed, and offers cash out at 80% LTV. Both programs provide the opportunity to leverage today’s very low interest rates, helping you achieve substantial long term savings.

To see how AGM can make your deal work for you, contact AGM’s Origination Team.