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Reserve at Somerset Commons Phase II

FHA New Construction & Substantial Rehab

Endorsed January 31, 2020

FHA #05235834

Deal Details

Location
PRINCESS ANNE, Maryland
Mortgage Amount
$800K
Units
54
Program
New Construction & Substantial Rehab
Lender
AGM FINANCIAL SERVICES
Fiscal Year
FY2020
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$754K($800K original)
Interest Rate
3.70%
Maturity
April 2061(35 years remaining)
Original Term
40 years
Holder
AGM FINANCIAL SERVICES
Servicer
AGM FINANCIAL SERVICES

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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