AGM FINANCIAL SERVICES

Agency

AgencyType

430Deals

$7.6BTotal Volume

Active 2026

FHA Lending Activity

430

Total Deals

$7.6B

Total Volume

FY2026 Deals

$36.4M

FY2026 Volume

Source: HUD FHA Multifamily Production Reports

FHA Deal Activity

141

FHA Endorsements

$18.6M

Avg Deal Size

145

Avg Units

States

Individual FHA-insured initial endorsements, FY2002–FY2025

Top 10 Markets: MD (59) · VA (24) · NC (16) · SC (12) · DC (6) · TX (6) · FL (4) · CA (2) · KY (2) · MI (2)

Programs: New Const/Rehab (54) · 223(f) Purchase/Refi (49) · 223(a)(7) Refi (37) · 241(a) Improvements (1)

37% LIHTC · 19% Tax-Exempt Bonds

Source: HUD FHA Multifamily Production Reports

View all 141 FHA deals →

Recent FHA Deals

Sep '25BALTIMORE, MD241(a) Improvements

$978K

May '25PIKESVILLE, MDNew Const/Rehab

$6.5M

Jan '25WASHINGTON, DCNew Const/Rehab

$14.5M

Oct '24Apex, NCNew Const/Rehab

$47.2M

Jul '24Cornelius, NCNew Const/Rehab

$44.3M

Active loans held →Maturity wall →Rate tracker →

FHA Portfolio

129

Active Loans

$2.3B

Outstanding

5.05%

Recent Avg Rate

37 yr

Avg Term

Rates and balances on FHA-insured loans currently held in portfolio, as of February 2026

Recent FHA Rate Comps

DateLocationAmountUnitsProgramTermRate

Sep '25Baltimore, MD$978K6241(a)34 yr5.99%

May '25Pikesville, MD$6.5M116221(d)(4)40 yr6.16%

Jan '25Washington, DC$14.5M100221(d)(4)40 yr5.54%

Oct '24Apex, NC$47.2M228221(d)(4)40 yr5.7%

Jul '24Cornelius, NC$44.3M195221(d)(4)40 yr6.03%

Apr '24Waldorf, MD$69.0M272220 Urban 40 yr5.93%

Oct '23Baltimore, MD$8.8M100221(d)(4)40 yr5.76%

Aug '23Manassas, VA$14.0M129221(d)(4)40 yr5.84%

Aug '23Annapolis, MD$9.4M154221(d)(4)40 yr5.98%

Dec '22Williamsburg, VA$5.4M59221(d)(4)40 yr5.2%

Avg rate across last 20 endorsed loans5.05%

Full Portfolio: 3.49% avg rate · range 2.23%–6.16%

Top States: MD (57) · VA (24) · NC (16) · SC (12) · DC (5)

Source: HUD Insured Multifamily Mortgages

Deal History

Annual volume by program source.

2021

$771.5M40 deals

2022

$485.2M24 deals

2023

$97.3M5 deals

2024

$253.2M7 deals

2025

$923K1 deals

Sources: HUD

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