EagleBank has responded to customers' growing needs for expertise in the FHA Multifamily FHA commercial real estate industry with the creation of its new FHA Multifamily Lending Division. The Bank has hired four highly-focused lenders with extensive experience and expertise in this specialized area. The Federal Housing Administration (FHA) provides mortgage insurance to approved lenders, such as EagleBank, to make loans to borrowers for multifamily properties. These loans facilitate long-term, fixed-rate, fully-amortizing financing, and allow financing through the issuance of tax-exempt bonds and mortgage-backed securities. This new division will enable EagleBank to provide the continuum of debt products for the multifamily rental ownership community, from development to long-term permanent financing.
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07-01 | Eagle Bancorp, Inc.(NasdaqCM:EGBN) added to Russell 2000 Dynamic Index | CI |
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1st Jan change | Capi. | |
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+14.62% | 221B | |
+4.26% | 75.04B | |
+15.95% | 60.53B | |
+6.11% | 49.21B | |
+6.75% | 45.38B | |
+26.36% | 43.61B | |
-8.17% | 38.51B | |
+8.60% | 36.16B | |
-96.60% | 32.24B |
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