HUD lender profile
AGM Financial Services, Inc.: HUD multifamily lending record
HUD insured 40 multifamily loans with AGM Financial Services as lender in FY2022-FY2026, for $830 million and 5,366 units. That is 1.3% of all HUD multifamily dollars in those years and #21 among lenders.
- HUD files it as AGM FINANCIAL SERVICES INC
- MAP On HUD's MAP lender list as of September 16, 2026
- Endorsement data run October 8, 2026
What the numbers say
In FY2026 it closed 5 HUD loans for $107 million, up 55% from FY2025 and ranking #29 among HUD multifamily lenders that year.
NC/SR was its largest program at 66% of five-year dollars, followed by 223(f) at 25%.
It lent in 11 states; Maryland was the largest at 42% of dollars.
Its median loan was $10.8 million, below the $14.3 million median for all HUD multifamily endorsements in the same years.
On 223(f) loans, the median time from firm commitment to initial endorsement was 84 days (14 loans), against 87 days for all lenders.
16 of its 40 loans (40%) carried low-income housing tax credits, against 32% across all HUD multifamily endorsements.
HUD volume by fiscal year
- 223(f)
- New construction / sub rehab
- Other programs
| FY | Loans | Dollars | 223(f) | NC/SR | Rank | |
|---|---|---|---|---|---|---|
| FY2026 | 5 | $107M | 4 | 1 | #29 | |
| FY2025 | 4 | $69.1M | 0 | 3 | #33 | |
| FY2024 | 3 | $122M | 0 | 3 | #17 | |
| FY2023 | 7 | $71.9M | 1 | 6 | #29 | |
| FY2022 | 21 | $460M | 9 | 8 | #15 | |
| FY2021 | 37 | $658M | 9 | 7 | #12 | |
| FY2020 | 25 | $433M | 10 | 7 | #13 | |
| FY2019 | 29 | $507M | 18 | 11 | #7 | |
| FY2018 | 4 | $121M | 0 | 4 | #30 | |
| FY2017 | 1 | $17.8M | 1 | 0 | #52 | |
| Since FY2002 | 146 | $2.72B | ||||
Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.
Program mix, FY2022-FY2026
| Program | Loans | Dollars | Median loan |
|---|---|---|---|
| New construction or substantial rehab (221(d)(4), 220, 231, 213) | 21 | $546M | $14.5M |
| 223(f) purchase or refinance | 14 | $211M | $6.5M |
| 223(a)(7) streamlined refinance | 4 | $71.3M | $16.6M |
| 241(a) supplemental loan | 1 | $978,300 | $978,300 |
Where it lends
| State | Loans | Dollars |
|---|---|---|
| Maryland | 19 | $348M |
| Virginia | 7 | $158M |
| District of Columbia | 3 | $24.6M |
| Kentucky | 2 | $3.2M |
| North Carolina | 2 | $91.5M |
| Texas | 2 | $18.4M |
| South Carolina | 1 | $8.1M |
| Georgia | 1 | $37.8M |
| Utah | 1 | $25.7M |
| Connecticut | 1 | $4.7M |
| Missouri | 1 | $109M |
Firm commitment to closing
Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.
- All its loans with both dates (40)
- 115 days median
- Middle half of its loans
- 83-180 days
- 223(f) (14 loans)
- 84 days
- NC/SR (21 loans)
- 151 days
- All lenders, FHA programs, FY2022-FY2026
- 91 days
Most recent HUD endorsements
| Endorsed | Property | Program | Loan |
|---|---|---|---|
| 2026-09-29 | Gainesway Village Apartments · KY | 223(f) | $2.1M |
| 2026-09-29 | Windsor Place Apartments · KY | 223(f) | $1.1M |
| 2026-09-17 | Winchester Commons · VA | NC/SR | $57.9M |
| 2026-08-12 | Plantation Apartments · SC | 223(f) | $8.1M |
| 2026-03-19 | River Ridge of Canton · GA | 223(f) | $37.8M |
| 2025-09-16 | 1111 Light Street · MD | 241(a) | $978,300 |
| 2025-05-21 | Harry and Jeanette Weinberg House · MD | NC/SR | $6.5M |
| 2025-01-17 | 2911 Rhode Island Avenue · DC | NC/SR | $14.5M |
| 2024-10-09 | The Depot at North Salem (fka Apex N Salem) · NC | NC/SR | $47.2M |
| 2024-07-10 | West Catawba Apartments · NC | NC/SR | $44.3M |
| 2024-04-18 | Waldorf Technology Park · MD | NC/SR | $69.0M |
| 2023-10-31 | Park Heights Senior · MD | NC/SR | $8.8M |
Largest loans, FY2022-FY2026
| Property | Program | Loan |
|---|---|---|
| Three Light Tower · MO | NC/SR | $109M |
| The View at Mill Run · MD | 223(f) | $74.3M |
| Waldorf Technology Park · MD | NC/SR | $69.0M |
| Winchester Commons · VA | NC/SR | $57.9M |
| The Depot at North Salem (fka Apex N Salem) · NC | NC/SR | $47.2M |
| West Catawba Apartments · NC | NC/SR | $44.3M |
| Governor's Inn Apartments · VA | NC/SR | $38.1M |
| River Ridge of Canton · GA | 223(f) | $37.8M |
Its HUD servicing book today
HUD's active insured mortgage file (as of September 30, 2026) lists AGM Financial Services, Inc. as servicer on 129 apartment loans with $2.34 billion of balance and 19,067 units. The median note rate on that book is 3.16%. 91 of the loans carry a rate under 4%. HUD lists the same name as holder of 130 loans.
- 221(d)(4)
- 45 loans
- 223(f)
- 45 loans
- 223(a)(7)
- 33 loans
- Other
- 5 loans
- 241(a)
- 1 loans
Largest servicing states: Maryland (55), Virginia (25), North Carolina (16), South Carolina (12), District of Columbia (5), Texas (3).
Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.
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