AGM Financial Services, Inc. is excited to announce the successful closure of a $68,968,700 mortgage for the new construction of Waldorf Technology Park. This remarkable project will provide 272 new market-rate units within 7 four-story elevator-served buildings in Waldorf, Maryland. The 40-year FHA insured loan was made using the Section 220 program providing long term fixed rate construction/permanent debt. The project will provide spacious, upscale apartment homes with stainless steel appliances, in-unit washer/dryer setup, balconies, and some covered garages.
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FHA Proposals on New MIP Premiums and Eliminating Green MIP
Late yesterday, HUD announced important proposed changes in mortgage insurance premiums (MIP) for FHA-insured multifamily loans. In a notice to be published in the Federal
