Logo for Richmac Funding

RICHMAC Funding, a wholly owned subsidiary of PR Mortgage & Investments, is a national multifamily housing mortgage lender with a deep bench of talent and resources to efficiently execute multifamily housing loans. RICHMAC Funding is a Fannie Mae Affordable Lender, a Freddie Mac Targeted Affordable Housing (TAH) Seller/ Servicer, a Federal Housing Administration (FHA) MAP LEAN and LIHTC Pilot Lender, and a Ginnie Mae Issuer/ Servicer. RICHMAC Funding also has access to a full suite of multifamily loan products and works closely with its affiliate, PR Mortgage & Investments.

RICHMAC offers FHA, Fannie Mae Affordable, and Freddie Mac TAH loan products.

Other loan product information is available upon request.

Contact us at 855‐706‐4899 or info@richmacfunding.com.

FHA LOAN PRODUCTS

FHA-HUD Section 220 Market in Economic Development Area

FHA-HUD Section 232 Lean for Healthcare Properties

FHA-HUD Section 221(d)4 for Affordable Properties

FHA-HUD Section 221(d)4 for Market Rate Properties

FHA-HUD Section 223(a)7 Refinancing Existing HUD Debt

FHA-HUD Section 223(f) for Market Rate Properties

FHA-HUD 223(F) Tax Credit Pilot

FHA-HUD Section 223(f) for Affordable Properties

FHA-HUD Section 220 Affordable in Economic Development Area

FREDDIE MAC LOAN PRODUCTS

Freddie Mac Revolving Credit Facility

Freddie Mac Tax Exempt Bond Credit Enhancement

Freddie Mac Tax Exempt Loan

Freddie Mac Affordable Housing Preservation

Freddie Mac LIHTC Immediate

Freddie Mac Affordable Housing Preservation

Freddie Mac Bridge to Resyndication

FANNIE MAE LOAN PRODUCTS

Fannie Mae Tax Exempt Bond Credit Enhancement

Fannie Mae Preservation Rehab

Fannie Mae Affordable Housing Preservation

Fannie Mae LIHTC Immediate

Fannie Mae 7-4 Arm

 

Our RICHMAC Team

Mathew Wambua

Mathew Wambua

President, RICHMAC Funding

Mathew Wambua, President of RICHMAC Funding, is located in New York and is responsible for establishing and expanding RICHMAC Funding multifamily lending platform. Mr. Wambua was former Commissioner of the NYC Department of Housing Preservation and Development. Mr. Wambua earned a B.A. from the University of California at Berkeley and a Masters in Public Policy from Harvard.

Marsha Goff

Marsha Goff

Executive Vice President & COO, RICHMAC Funding

Marsha Goff, Executive Vice President of RICHMAC Funding and is located in the Saint Paul, Minnesota office. She is responsible for all production functions and oversees and approves transaction specific business and legal waivers, transaction legal document review, client negotiation and final pricing approval. Ms. Goff graduated from Saint Cloud State University with a Bachelor of Science Degree in both Real Estate Finance and Organizational Speech Communications. She is a HUD Approved MAP Underwriter, a Designated Member (MAI) of the Appraisal Institute and has underwritten or overseen over $6 billion in complex multifamily loan originations.

Joseph Krengel

Joseph Krengel

Senior Vice President, RICHMAC Funding

Joseph Krengel, Senior Vice President of RICHMAC Funding and is located in the St. Paul, Minnesota office. He is responsible for multifamily production and underwriting. Mr. Krengel graduated from the University of Wisconsin-Madison with a Bachelor of Science Degree and received his real estate license in 1999.

Ben Levine

Ben Levine

Senior Vice President, RICHMAC Funding

Ben Levine, Senior Vice President of RICHMAC Funding LLC, is located in Richman’s New York City office and is responsible for originating new business to provide mortgage banking solutions through the Fannie Mae, Freddie Mac and FHA/HUD lending products. Mr. Levine graduated from University of California, San Diego with a degree in Economics.

SaraBeth Mantia

SaraBeth Mantia

Senior Vice President, RICHMAC Funding

SaraBeth Mantia joined Richmac Funding in 2012 and is located in Saint Paul, Minnesota. She specializes in the origination and project management of a wide variety of multifamily and senior housing programs. These programs include Freddie Mac, Fannie Mae, FHA/HUD, as well as Richmac’s parent company Merchants Bank of Indiana construction, bridge and acquisition/rehab loans. Ms. Mantia brings over 13 years of banking experience and prior to her current role served as Richmac’s Deputy Chief HUD Underwriter, and received her MAP underwriter approval in 2008 from the U.S. Department of Housing and Urban Development.

Ms. Mantia is a graduate from the University of St. Thomas with a Bachelor of Science degree in Real Estate Studies. She was selected as a “Future Leader” by the Mortgage Bankers Association in 2016. Ms. Mantia is a member of Minnesota Commercial Real Estate Women (MNCREW), previously serving as co-chair of the Finance Committee and currently serves as co-chair of the Member Engagement Committee.

Michael Milazzo

Michael Milazzo

Vice President, RICHMAC Funding

Michael Milazzo, Vice President of RICHMAC Funding, is located in New York City and is responsible for expanding RICHMAC Funding’s multifamily lending platform by providing mortgage banking solutions through the Freddie Mac, Fannie Mae, FHA/HUD lending products, as well as Merchants Bank of Indiana Construction and Acquisition/Rehab loans. Mr. Milazzo earned a Master Degree in Real Estate from NYU’s Schack Institute and holds B.A. from Sacred Heart University.

RICHMAC Office Locations

NEW YORK
800 Third Avenue,
Suite 350
New York, NY 10022
Phone:  212-938-0499

SAINT PAUL
255 Kellogg Blvd. E,
Suite 103
Saint Paul, MN 55101
Phone:  651-683-2100

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