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The Cascades of Frederick

FHA New Construction & Substantial Rehab

Endorsed August 5, 2022

FHA #05238042

Deal Details

Location
FREDERICK, Maryland
Mortgage Amount
$24.3M
Units
151
Program
New Construction & Substantial Rehab
Lender
AGM FINANCIAL SERVICES
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$23.7M($24.3M original)
Interest Rate
3.88%
Maturity
March 2064(38 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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