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]

MBS RECAP: Record-Breaking Job Gains, But Bonds Ultimately Improve

Posted To: MBS CommentaryRecord-Breaking Job Gains, But Bonds Ultimately Improve Last month's jobs report shattered records, both for the outright level of job creation and for the gap between job growth and forecasts. While today's job count was even bigger (+4.8 million versus 2.699m last month), it wasn't as far above the forecast consensus (1.8m gap versus 10.5m last month)....
MBS Day Ahead: Early Close and Another (Potentially) Record-Breaking Jobs Report

Posted To: MBS CommentaryLast month's jobs report shattered records, both for the outright level of job creation (2.509m) and for the gap between job growth and forecasts. In fact, we won't likely see a gap that big, ever. We may, however, see a bigger month of job creation, and if economic forecasters are right, we'll see it this morning. The...
MBS RECAP: Limited Reaction to Headlines and Fed Minutes

Posted To: MBS CommentaryLimited Reaction to Headlines and Fed Minutes After a quiet trading day yesterday, today proved to be even quieter. That said, bonds were still willing to react to covid headlines and the Fed meeting minutes, albeit just barely enough to notice. Econ Data / Events 11:30-11:50 AM (ET) - Fed 30yr UMBS Buying ADP Employment 2.369m vs...
Huge Housing Rebound, All-Time Low Rates, But At What Cost?

Posted To: Mortgage Rate WatchThis week's economic data included the biggest-ever gain in Pending Home Sales, a leading indicator for the housing market. Meanwhile, mortgage rates pushed down to new all-time lows yet again. But at what cost? The most pessimistic way to explain the surge in home sales is to say it was only made possible by the record-setting...
Anti-fraud, DPA, HMDA Products; Non-QM News in Primary and Secondary Markets

Posted To: Pipeline PressLenders continue to count the piles of doubloons they booked during another record-breaking month; will July be another? M&A deals are still simmering out there, but when profits are “en fuego” and July is looking strong with full pipelines, it can be tough for a fortunate owner to sell. Think of all of those unfortunate folks who...
Rates at All-Time Lows Ahead of Important Jobs Data

Posted To: Mortgage Rate WatchMortgage rates were generally unchanged today, thus leaving the average lender at all-time lows for conventional 30yr fixed scenarios. It continues to be the case that loan scenarios with additional risk factors have NOT seen nearly as much improvement as those in the top tier. In general, however, things are starting to improve. When coronavirus rocked...

Will Covid-19's impact on your business give you a property tax break this fall?

Local property owners are about to receive a tax bill that likely will be the highest they’ve ever received but in the midst of an economic recession that’s the worst of their lives.
S.F. real estate startup Sundae raises cash to get piece of home flippers' pie

Home flippers of the Bay Area beware, a new startup just landed funding to take a bite out of your business. San Francisco-based residential real estate marketplace Sundae announced this week that it has raised $16.5 million in Series A funding led by QED Investors, with participation from Founders Fund, Susa Ventures and others. Sundae provides a marketplace to connect sellers of...
Apartment/retail project in Curtis Park gets smaller

Reversing a typical pattern in recent years for urban infill projects, HK3 Development has revised a proposed apartment and retail project in Sacramento's Curtis Park neighborhood to have fewer units.
Aimbridge Hospitality focusing on disinfecting, distancing to bring back occupancy, meetings, events

Aimbridge Hospitality's Elie Khoury, executive vice president of Operations at
Aimbridge Hospitality, brings us up to speed on the hotel group's efforts to bring back occupancy and smaller events.
Financial executive relocates within Palm Beach with $21M mansion purchase

This businessman bought a home and sold a home in Palm Beach within a matter of days.
$100M Design District high-rise set to break ground this fall

Leasing is set to start on the 27-story tower in fall 2022.