Grow your agency lending with full transparency.
Close more HUD 223(f) financings on Hypha to regain your time and capacity without sacrificing diligence.
A healthy agency lending market keeps liquidity intact across the US commercial real estate credit landscape.
For many alternative and bank lenders active across the multi-residential spectrum, exit strategies are often mapped around future takeout financing from Fannie Mae, Freddie Mac, and HUD. Agency financing mandates and their momentum in turn become a guiding compass for real estate credit lenders.
Hypha supports every layer of the agency lending process with our HUD Lender Narrative solution, so lending teams can facilitate long-term, government-sponsored capital on behalf of their sponsors.
Hear how CFG Bank uses HUD Lender Narrative to help drive its agency lending.
Craig Casagrande, a managing director at the Baltimore-based bank, walks through the workflow.
Watch the Leverage webinarTransparency from the full package to HUD submission.
01 · Package in
Analyst
Appraisal, PCNA, environmental, and title arrive as separate PDFs, read by hand.
02 · Form drafted
Analyst
Narrative sections retyped into HUD’s form.
03 · Figures cited
Analyst
Figures checked across a stack of third-party reports.
04 · Underwriter signs
Underwriter
Initials on a memo, if recorded.
05 · Filed to HUD
Agency desk
Reformatted at the end of the process.
The file is rebuilt at every stage, and the reviewer asks where each number came from.
Agency lenders sustain relationships on execution.
Borrowers in today’s market want a firm quote and a closing date they can trust.
Repetitive agency lending processes currently work as the biggest inhibitor of a lender’s speed and efficiency.
Our platform simplifies counterparty variance into a uniform process that works for your team’s preferred framework. Each figure on your agency lending documentation is tied back directly to where it was sourced from, streamlining your diligence and cutting time lost to redoing the same workflows over and over.
Execution track
- Borrower quoteLocked
- Appraisal readIndexed
- Sections drafted5 of 5
- Figures cited148 linked
- Closing dateCommitted
Certainty of execution and data security for agency lending.
Time saved
6+ months → weeks
HUD lending timelines alone have been reduced significantly on average among Hypha’s clients.
Security and deployment
SOC 2 Type II
Audited security, with TLS 1.3 encryption in transit and deployment in your environment.
Provenance
Every figure cited
Each number ties back to the page it came from, so your underwriter can check it.
Execution
Appraisal and drafting
Hypha handles the appraisal and drafting work for your team, so they can spend more time closing executions that build their agency exposure and track record.
Retain your agency lending edge with best-in-class certainty.
Frequently Asked Questions
Hypha sits between the documents your team already receives and the forms and memos the agency expects. It structures the appraisal, drafts the narrative sections, and keeps every figure tied to its source, so your team spends its time on the credit decision.
The HUD 223(f) narrative is the agency workflow we ship today. Fannie Mae and Freddie Mac submissions are not in the current release, so confirm timing with our team before you plan around them.
Yes. Hypha reads each report as issued, so lenders keep the report their appraiser delivered instead of asking the appraiser to adopt a template.
With your team. Every approval is named and time-stamped, and anything the source does not support is left blank for your underwriter to decide.
Request a demo and run a recent appraisal through it. You see the drafted sections before you commit to anything.
Your choice. Hypha’s SOC 2 compliant environment, or a dedicated database on your infrastructure including a dedicated virtual private cloud, depending on your security requirements.