Lument

Agency
New York, NYlument.com

Lument is a New York, NY-based agency lender and one of the most active FHA/HUD multifamily lenders in the country, with 1,278 FHA-insured loans totaling $11.6B since 2001. The firm produced $11.0B in total volume in 2024 and is an approved Fannie Mae DUS, Freddie Mac, and FHA/HUD lender.

AgencyType
New York, NYHQ
1,278Deals
$11.0BTotal Volume
Active 2026

Key Contacts

Ian Monk

Originations

Managing Director - Deputy Chief Production Officer

FHA Lending Activity

1,278

Total Deals

$11.6B

Total Volume

4

FY2026 Deals

$65.4M

FY2026 Volume

22
23
24
25
26

Source: HUD FHA Multifamily Production Reports

FHA Deal Activity

1,978

FHA Endorsements

$12.6M

Avg Deal Size

137

Avg Units

49

States

Individual FHA-insured initial endorsements, FY2001–FY2026

Top 10 Markets: OH (369) · MA (260) · TX (173) · CA (157) · NY (99) · MI (68) · AZ (68) · CT (64) · PA (61) · KY (53)

Programs: 223(f) Purchase/Refi (1132) · 223(a)(7) Refi (461) · New Const/Rehab (362) · 241(a) Improvements (15)

18% LIHTC · 8% Tax-Exempt Bonds

Source: HUD FHA Multifamily Production Reports

View all 1,978 FHA deals →

Recent FHA Deals

FHA Portfolio

2,389

Active Loans

$24.3B

Outstanding

5.54%

Recent Avg Rate

34 yr

Avg Term

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

Recent FHA Rate Comps

DateRate
Feb '265.6%
Feb '265.34%
Jan '264.92%
Jan '265.54%
Jan '265.52%
Jan '265.5%
Jan '265.59%
Dec '255.76%
Dec '255.25%
Dec '255.25%
Avg rate across last 20 endorsed loans5.54%

Full Portfolio: 3.73% avg rate · range 2.08%–8.25%

13 loans ($23.1M) maturing by 2031

MaturityRate
Dec 20272.53%
Apr 20283.23%
Apr 20282.88%
Apr 20284.23%
May 20283.39%
Dec 20283.8%
Feb 20293.85%
Feb 20297.85%
Jul 20292.65%
Jul 20295.7%
Jan 20303.55%
May 20303%
Jul 20305.9%

Top States: OH (365) · TX (267) · MA (179) · CA (174) · MI (111)

Source: HUD Insured Multifamily Mortgages

Lending Programs

Visit lument.com for current lending programs and rates.

Deal History

Annual volume by program source.

2021
$1.3B117 deals
2022
$1.1B93 deals
2023
$788.4M58 deals
2024
$245.1M22 deals
2025
$617.0M37 deals

Sources: HUD

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