History
AGM is a privately held lender, based in Baltimore, Maryland. Founded in 1990 under the leadership of Margaret Allen (CEO), AGM's annual transaction volume is approximately $400 million, with an average deal size of $20 million. AGM offers fixed-rate, non-recourse loans for new construction or substantial rehabilitation pursuant to Sections 220, 221(d), & 231 of the National Housing Act and for acquisition or refinance of existing apartment communities pursuant to Section 223(f). We finance supplemental renovation loans under Section 241(a); refinances of Section 202 properties; Section 223(a)(7) refinances of FHA-insured communities; and Interest Rate Reductions for existing insured loans.
Specialties
AGM Financial Services, Inc. is a leading nationwide FHA Mortgagee and Multifamily Accelerated Processing (MAP) lender providing financing for the market rate and affordable housing industries. AGM arranges federally insured mortgages and credit enhancements for apartment projects, assisted living and skilled nursing facilities. These mortgages provide funding for acquisition, refinancing, construction, and/or rehabilitation.