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]

Panama City-Area Community Lands $5M Refi

Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.
Demmon Partners Snaps up Sacramento Apartments for $33M

The California community, called 16 Powerhouse, includes 50 units, a lounge area, a barbecue and a pet washing station.
Berkeley Point Capital Provides $59M Fannie Mae Refi

Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated the debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.
Tucson Value-Add Asset Changes Hands

Skyline Park Apartments is situated in a market which is experiencing a surge of value-add investments, largely due to limited new supply and continued population growth.
Greystar Sells South Florida Portfolio

The four-property portfolio includes 1,616 units and approximately 16.6 million rentable square feet. Greystar acquired the it for roughly $240 million, according to Yardi Matrix.
Luxury Waterfront Community Opens in East Boston

The 25 percent pre-leased Boston East community, developed by Trinity Financial and East Boston Community Development Corp., features 200 luxury apartments and includes a community art gallery.

MBS RECAP: Bonds Surge to Weakest Levels since 2014

Posted To: MBS Commentary10yr yields hit the highest levels in more than 4 years this afternoon as bigger-picture selling pressure looks to be taking the reigns back from the Springtime consolidation that helped rates hold steady-to-slightly lower in March. There are no big, obvious reasons for the sudden spike in rates. We're left to cobble together a narrative from boring,...
Mortgage Rates Quickly Approaching 4-Year Highs

Posted To: Mortgage Rate WatchLet's clear one thing up before we begin. Freddie Mac, MBA, and Ellie Mae all noted new 4-year highs in mortgage rates this week. They are all technically wrong. This has to do with the way their data is collected and/or averaged. And while I have no doubt that they are accurately conveying the results of...
MBS Day Ahead: If Rates Keep Moving Higher, It Could Still Be a Head Fake

Posted To: MBS CommentaryRates are in the midst of a serious, threatening move higher. Yesterday brought additional confirmation of the end of the friendly Springtime consolidation trend and it took us one step closer to the highest yields in more than 4 years. The specific reasons for yesterday's weakness were covered in the MBS Live Huddle , but even then,...
MBA's Compliance Accreditation; Freddie and Fannie Changes Continue

Posted To: Pipeline PressDid you know that Wells Fargo gives more assistance and aid to people and communities through its Foundation than any other company in the United States. For example, “the Wells Fargo NeighborhoodLIFT program looks to the future by delivering down payment assistance and financial education to homebuyers.” If only people focused on that, right? Not only did...
MBS RECAP: Bonds Add Exclamation Point to Yesterday's Breakout

Posted To: MBS CommentaryThe break outside what we'll call the "Springtime Consolidation" for bonds started taking shape as early as last week. On Thursday and Friday, yields hugged the upper boundaries of that trend, simultaneously shying away from the sort of positive bounce that would typically suggest the trend's continuation. No matter! Perhaps they just needed to think things over...
Wells Fargo to Face Largest Fine Yet

Posted To: MND NewsWireOnce again Wells Fargo is about to pay dearly for its inability to walk the straight and narrow. The Washington Post , under the byline of Renae Merle, is reporting that the bank is about to be hit with the largest penalty of the Trump administration , perhaps as early as today. A settlement, reported to be...

North Austin poised for biggest commercial, residential growth spurt yet

The Domain and its surroundings are already red-hot with development. But hold onto your hat (and your checkbook) as millions more square feet of commercial space and thousands of homes are still on the way.
Real estate roundup: From Bon-Ton to the bishop

The Bon-Ton and the Catholic Diocese of Buffalo highlight the real estate market this week.
RealPage acquires electronic payment platform in $218.5M deal

RealPage Inc. (Nasdaq: RP) is growing its electronic payment platform with a $218.5 million purchase of ClickPay. Richardson-based RealPage, which offers software and data analytics for the real estate industry, said the transaction will add nearly $1 billion to its total addressable market by extending its reach in the homeowner association real estate sector. ClickPay, which is based in New York City,...
Patti Payne's Cool Pads: Michael Corliss' massive $24M Normandy Park estate hits the market (Photos)

A rare property has just come on the market. Michael Corliss’ 50-acre Hidden Valley estate, a private retreat with more than 1,500 feet of beachfront, is a juxtaposition of old world and new, of formal and informal. Avenue Property Founders Evan Wyman, Tere Foster, Moya Skillman, Bob Bennion and Mary Snyder collectively have this $24 million listing. Situated in Normandy Park with...
Mega-developer's next major San Francisco condo tower to hit the market near Salesforce Tower

Related California is a few months from starting sales at The Avery, a 118-unit condo building at 420-488 Folsom St. in San Francisco’s burgeoning Transbay district. The building will be another offering of for-sale housing in the SoMa part of the city, where condo development has concentrated during the past decade. Related hired Rem Koolhaas’ Office of Metropolitan Architecture to...
Yelp CEO: Company boards are asking about hiring outside of the Bay Area because housing costs are too high locally

The discussion of where to hire employees "has shifted dramatically as costs continue to escalate,” Yelp CEO Jeremy Stoppelman said.