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Multifamily record
Foundation Mortgage Corporation: multifamily loans made
Foundation Mortgage Corporation, a non-bank lender based in Miami Beach, FL, made 9 multifamily loans in 2024, $7.2M in all, in 6 states. The typical loan was about $440K, and the largest about $1.8M. Most were in Philadelphia County, PA.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 9, 2026
- Multifamily loans
- 9
- HMDA,
- 2024. Manufactured-home parks excluded
- Dollars
- $7.20M
- HMDA,
- Rounded amounts
- Typical loan
- $440K
- HMDA,
- Largest loan
- $1.8M
- HMDA,
- Rounded to 2 significant figures
- States
- 6
- HMDA,
Cite this
Source: The Lender Report, Foundation Mortgage Corporation: multifamily loans made, https://lender.report/lender/foundation-mortgage-fl/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2024 | Kings County, NY | Refinance, 5 to 24 units | $1.8M | 9.88% | 30 yr | 70% | HMDA 2024 |
| 2024 | Maricopa County, AZ | Refinance, 5 to 24 units | $1.4M | 9.5% | 30 yr | 69% | HMDA 2024 |
| 2024 | Palm Beach County, FL | Refinance, 5 to 24 units | $1.4M | 9.88% | 30 yr | 65% | HMDA 2024 |
| 2024 | Hudson County, NJ | Purchase, 5 to 24 units | $600K | 8.5% | 30 yr | 61% | HMDA 2024 |
| 2024 | Philadelphia County, PA | Purchase, 5 to 24 units | $440K | 9.38% | 30 yr | 75% | HMDA 2024 |
| 2024 | Philadelphia County, PA | Purchase, 5 to 24 units | $440K | 9.38% | 30 yr | 75% | HMDA 2024 |
| 2024 | Luzerne County, PA | Refinance, 5 to 24 units | $420K | 10% | 30 yr | 65% | HMDA 2024 |
| 2024 | Shelby County, TN | Purchase, 5 to 24 units | $380K | 10% | 30 yr | 75% | HMDA 2024 |
| 2024 | Burlington County, NJ | Refinance, 5 to 24 units | $320K | 8.38% | 30 yr | 65% | HMDA 2024 |
| 9 multifamily loans made in 2024 | $7.20M | HMDA 2024 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| Philadelphia County, PA | County | 2 | $880K |
| Burlington County, NJ | County | 1 | $320K |
| Hudson County, NJ | County | 1 | $600K |
| Kings County, NY | County | 1 | $1.80M |
| Luzerne County, PA | County | 1 | $420K |
| Maricopa County, AZ | County | 1 | $1.40M |
| Palm Beach County, FL | County | 1 | $1.40M |
| Shelby County, TN | County | 1 | $380K |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 6 | $2.60M |
| $1M to $2.5M | 3 | $4.60M |
| $2.5M to $5M | 0 | $0 |
| $5M to $10M | 0 | $0 |
| $10M or more | 0 | $0 |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 9 | $7.20M | $440K |
| Purpose | Loans |
|---|---|
| Purchase | 4 |
| Refinance | 5 |
| Units | Loans |
|---|---|
| 5 to 24 units | 9 |
- Foundation Mortgage Corporation made 9 multifamily loans totaling $7.2M in 2024, in 8 named places across 6 states. HMDA,
- The typical loan was about $440K, with the middle half between $420K and $1.4M. HMDA,
- The largest was about $1.8M. Every amount is rounded to 2 significant figures. HMDA,
- 6 loans were under $1M, and 0 were $5M or more. HMDA,
- It reported a median rate of 9.50% on 9 loans, with the middle half between 9.38% and 9.88%. HMDA,
- The median term was 30 years. HMDA,
- The median loan to value was 69%. HMDA,
- 56% of the loans were refinancings and 44% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 9 loans. HMDA,
- HMDA shows 9 of the 9 multifamily loans Foundation Mortgage Corporation made with a known channel in 2024 to 2025 as coming through a third party. HMDA,
- Its loans were most often in Philadelphia County, PA (2), Burlington County, NJ (1) and Hudson County, NJ (1). HMDA,
What we don't know
- Whether Foundation Mortgage Corporation is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.