The Armstrong Mortgage Company

SERVING THE REAL ESTATE INDUSTRY OVER 40 YEARS

Testimonials

"Armstrong Mortgage maintains a working expertise of the standards of the industry, and adds the personal dedication that simplifies what can be a tedious process elsewhere.“

Christine S. Collins

Director of Development

Fairfield Homes, Inc.

"Armstrong Mortgage has not only provided me with top notch service over the years, but they have also treated me like family. The staff is very knowledgeable and professional, but they will also treat you as a friend. Our most recent refinance literally would not have happened if it were not for the staff at Armstrong Mortgage and their willingness to go above and beyond."

Wexford Inc.

Walter T. Krumm III - Principal

Welcome

ARMSTRONG MORTGAGE COMPANY is a full service Mortgage Banking firm, founded in 1971. Armstrong provides mortgage services for its clients, such as Multifamily Owners and Developers, Commercial Property Owners and Developers as well as Healthcare Developers and Owners. A major business emphasis is on the construction and permanent financing of new Apartment and Healthcare facilities such as Assisted Living and Nursing Home projects. In addition, we provide financing of existing Apartment and Commercial properties, including Industrial/Warehouse, Office and Retail.

FHA LENDING PROGRAM

As the mortgage insurance provider of HUD, FHA will insure mortgages to finance the acquisition, new construction, substantial rehabilitation and refinance of multifamily and healthcare properties nationwide.

GSE LENDING PROGRAM

A core component of GSE Lending's mission is to support the U.S. multifamily housing market to help serve the nation’s rental housing needs, focusing on low- to middle-income households and communities.

COMMERCIAL LENDING PROGRAMS

Armstrong Mortgage Company clients can rely on a broad selection of commercial real estate financial services. In addition to being an approved lender for HUD-FHA Multifamily Health Care and Senior Retirement Housing...

The Armstrong Mortgage Company

1225 Dublin Road
Columbus, OH 43215

Phone: (614) 481-8383
Fax: (614) 481-8833
[email protected]

High Street, Olympus Take TX Luxury Community to Next Phase

The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space....
Avesta Communities Enters CO Market

The company plans to implement a renovation plan that includes improvements made to the common amenities and to the unit interiors....
On the Market: 5 Interesting Listings for the Week of 9/18

This week's listings include the recently completed rehabilitation of an historic 18-unit building in Jersey City, N.J., and a new townhouse asset in New Hampshire that comes with an adjacent lot available for future development....
Economy Watch: How New Immigration Policies Would Impact CRE

Legislation revising the RAISE Act is set to significantly impact commercial real estate and corporate occupancy, both of which heavily rely on the changing dynamics of the labor market....
Fifield Fetes Grand Opening of The Sinclair in Chicago

The luxury rental community adds a large slate of upscale units to Chicago's Gold Coast neighborhood, spurring talk of a resurgence....
Michaelson Acquires 520-Unit TN Community

Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years....

MBS RECAP: After More Nuclear Headlines, Bonds Punt

Posted To: MBS CommentaryWho knows how today's trading would have unfolded absent the overnight headlines that North Korea was planning to test an ICBM with a Hydrogen warhead in the Pacific Ocean. This prompted a risk-off move early in the overnight session (stocks and bond yields lower). After that, bonds seemed reluctant to challenge either side of the most recent...
MBS RECAP: After More Nuclear Headlines, Bonds Punt

Posted To: MBS CommentaryWho knows how today's trading would have unfolded absent the overnight headlines that North Korea was planning to test an ICBM with a Hydrogen warhead in the Pacific Ocean. This prompted a risk-off move early in the overnight session (stocks and bond yields lower). After that, bonds seemed reluctant to challenge either side of the most recent...
Rates Show Resilience But Not Without Help

Posted To: Mortgage Rate WatchMortgage rates held their ground yesterday. That was a refreshing development given the abrupt move higher over the past 2 weeks and a relatively threatening reaction to Wednesday's Federal Reserve events. Now again today, rates have managed to hold their ground. In some cases, lenders improved by token amounts. If yesterday was refreshing, today would be...
Rates Rise but Refi Share Unchanged

Posted To: MND NewsWireRefinancing accounted for 35 percent of all mortgages originated in August, unchanged from July, but down from 47 percent at the beginning of the year. Ellie Mae's says, in its Origination Insight Report for the month, that refinancing is holding up especially well among conventional loans where the share ticked up 2 percentage points from July to...
UI Praises HARP Benefits, Lessons

Posted To: MND NewsWireSometimes government gets it right. The Urban Institute (UI) clearly thinks that the Home Affordable Refinance Program, at least in its second iteration , was one of those times. The history of HARP, as the program is known, is the subject of a post in UI's Urban Wire blog credited to four UI analysts*. They say that,...
Agency Conforming Changes; Market Exec on Cost to Originate

Posted To: Pipeline PressWelcome to the autumn equinox. How about this? There have been no public CFPB enforcement actions or consent orders dealing with QM, ATR, or TRID. Zero, zip. Has the CFPB realized that companies are genuinely trying to adhere, and that having 100% TRID error-free originations is impossible? Or that that regulation through enforcement action is not a...

Paramount Equity Mortgage grows by staying focused on core business

The Roseville-based mortgage lender has boomed as competitors have left the business. ...
Five things about new $5.3 million Tahoe listing (PHOTOS)

A new home listing in Lake Tahoe is about as close to the lake as you can get. Here’s more on that, and other interesting details for one of the units in Fleur du Lac Estates, listed for $5.3 million. 1. Trinkie Watson, a broker with Chase International who’s listing the property, said the home faces south, giving a panoramic view...
Condos proposed in the heart of Grandview

A funeral home and office building would be razed and replaced with two condominium buildings under a proposal filed with the city of Grandview Heights. First Grandview Development Co. LLC had a site plan review at the city this week for two, four-story buildings at 1574-1578 and 1562-1572 W. 1st Ave. Plans call for 16 units with integrated parking garages tucked behind...
Scenes from the Silicon Valley Structures celebration

The winners of this year’s Silicon Valley Structures projects, deals and dealmakers celebrated commercial and residential real estate Thursday evening at the Fairmont hotel in downtown San Jose. The evening kicked off with presentation of the 25 awards, including Milestone Project for Apple's new headquarters, Deal of the Year for the $315 million land swap between Google and LinkedIn, Developer of...
New apartment development proposed in University District

Developers behind the Smith & High project a decade ago are planning another complex on that part of High Street. A four-story, 18-unit Smith and High Flats apartment complex is planned for the area of 1254 N. High St., on what now is a one-story building that used to house a dry cleaning business. This would mark a second phase of the...
Top of the Market: New homes sweep top 5 spots (photos)

This week's home sales roundup was dominated by new homes, as each of the week's five most expensive was built in 2016 or 2017. The week's most expensive home, which sold for $1.1 million, is a 6,100-square-foot home in Collierville 38017. To see inside the week's most expensive home, click through the slideshow attached to this story. The home, located on East Winding...