HUD lender profile
First American Capital Group Corp.: HUD multifamily lending record
HUD insured 13 multifamily loans with First American Capital Group as lender in FY2022-FY2026, for $464 million and 2,256 units. That is 0.7% of all HUD multifamily dollars in those years and #32 among lenders.
- HUD files it as FIRST AMERICAN CAPITAL GROUP CORP
- 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 1 HUD loan for $5.3 million, down 98% from FY2025 and ranking #53 among HUD multifamily lenders that year.
NC/SR was its largest program at 48% of five-year dollars, followed by 223(f) at 32%.
It lent in 9 states; New York was the largest at 62% of dollars.
Its median loan was $16.0 million, close to 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 121 days (8 loans), against 87 days for all lenders, 34 days slower.
1 of its 13 loans (8%) 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 | 1 | $5.3M | 1 | 0 | #53 | |
| FY2025 | 3 | $242M | 2 | 1 | #13 | |
| FY2024 | 1 | $19.0M | 1 | 0 | #44 | |
| FY2023 | 4 | $101M | 2 | 0 | #23 | |
| FY2022 | 4 | $97.4M | 2 | 0 | #33 | |
| FY2021 | 1 | $70.0M | 1 | 0 | #39 | |
| FY2018 | 1 | $16.0M | 1 | 0 | #53 | |
| FY2017 | 1 | $30.0M | 1 | 0 | #46 | |
| Since FY2003 | 27 | $653M | ||||
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) | 1 | $224M | $224M |
| 223(f) purchase or refinance | 8 | $148M | $15.1M |
| 223(a)(7) streamlined refinance | 4 | $91.8M | $19.8M |
Where it lends
| State | Loans | Dollars |
|---|---|---|
| New York | 4 | $287M |
| Washington | 2 | $62.1M |
| South Dakota | 1 | $5.3M |
| New Jersey | 1 | $19.0M |
| District of Columbia | 1 | $16.0M |
| California | 1 | $31.6M |
| Pennsylvania | 1 | $5.2M |
| Massachusetts | 1 | $30.0M |
| Tennessee | 1 | $7.9M |
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 (13)
- 141 days median
- Middle half of its loans
- 86-154 days
- 223(f) (8 loans)
- 121 days
- All lenders, FHA programs, FY2022-FY2026
- 91 days
Most recent HUD endorsements
| Endorsed | Property | Program | Loan |
|---|---|---|---|
| 2026-09-25 | Keystone Apartments · SD | 223(f) | $5.3M |
| 2025-09-29 | Taino Towers · NY | NC/SR | $224M |
| 2025-08-18 | Help Me Independent Living Center · NY | 223(f) | $3.2M |
| 2025-03-27 | Fairway Apartments · WA | 223(f) | $14.2M |
| 2024-04-10 | Dubin Senior Housing · NJ | 223(f) | $19.0M |
| 2023-09-27 | Seabury at Friendship Terrace · DC | 223(f) | $16.0M |
| 2023-07-27 | City Gardens · CA | 223(a)(7) | $31.6M |
| 2022-11-16 | Majestic House · PA | 223(f) | $5.2M |
| 2022-10-25 | Mount Baker Station South · WA | 223(a)(7) | $47.9M |
| 2022-06-23 | Broadway Glen Apartments · MA | 223(f) | $30.0M |
| 2022-03-30 | Spook Rock Senior Citizens Apartments · NY | 223(f) | $55.2M |
| 2021-12-28 | Bayside Gardens · NY | 223(a)(7) | $4.4M |
Largest loans, FY2022-FY2026
| Property | Program | Loan |
|---|---|---|
| Taino Towers · NY | NC/SR | $224M |
| Spook Rock Senior Citizens Apartments · NY | 223(f) | $55.2M |
| Mount Baker Station South · WA | 223(a)(7) | $47.9M |
| City Gardens · CA | 223(a)(7) | $31.6M |
| Broadway Glen Apartments · MA | 223(f) | $30.0M |
| Dubin Senior Housing · NJ | 223(f) | $19.0M |
| Seabury at Friendship Terrace · DC | 223(f) | $16.0M |
| Fairway Apartments · WA | 223(f) | $14.2M |
Its HUD servicing book today
HUD's active insured mortgage file (as of September 30, 2026) lists First American Capital Group as servicer on 16 apartment loans with $535 million of balance and 3,069 units. The median note rate on that book is 3.71%. 9 of the loans carry a rate under 4%. HUD lists the same name as holder of 16 loans.
- 223(f)
- 9 loans
- 223(a)(7)
- 6 loans
- Other
- 1 loans
Largest servicing states: New York (4), Texas (3), Washington (2), California (1), District of Columbia (1), Massachusetts (1).
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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