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]

GA Development Commands $59M

Fairfield Residential has acquired Trees of Avalon, a 500-unit community in McDonough, Ga., from Watkins Real Estate Group.
Western Securities to Expand Dallas-Area Community

Designed by BGO Architects, Phase II of Mustang Station in Farmers Branch, Texas, will encompass 186 units. KWA Construction serves as the general contractor of the project.
Bell Partners Acquires DC-Asset

The company purchased the now rebranded Bell Annapolis on West, a 300-unit community located in Annapolis, Md. Including this property, Bell Partners has completed $645 million in multifamily acquisitions in 2017.
Airbnb, FL Developer to Collaborate on Community

Newgard Development Group is working with the home-sharing company to form Niido, which will own a 324-unit apartment building in Kissimmee, Fla. Residents can share their units and access various tools, including a new app that supports checking in and assisting guests.
Chicagoland, Boston Senior Living Communities to Break Ground

Deploying a budget of $64.5 million, Capital Senior Housing will develop two new assets comprising more than 150,000 square feet and nearly 180 apartments in Glenview and Andover.
HFF Lends a Hand in Denver Community Sale

The company marketed the sale of the 291-unit Greenwood Park located within Denver's Tech Center. Holland Partner Group and Principal Real Estate Investors were the buyers.

MBS RECAP: Bonds Scramble Back to Unchanged, Leaving Outlook Cloudy

Posted To: MBS CommentaryTreasuries and MBS have spent the past 2 days trading well inside the range set by last Friday's volatility (big rally following CPI data). Unfortunately, the central tendency during those 2 days has been toward moderately weaker levels. This casts some doubt on what looked like a clear signal on Friday, but it's too soon to rule...
Mortgage Rates Rise a Bit More From Recent Lows

Posted To: Mortgage Rate WatchMortgage rates were at their best levels in roughly a month last Friday afternoon. Since then, they've risen modestly on each of the past two business days. As has been the case for quite some time, day-to-day movement continues to be very tame. The actual interest rates at the top of loan quotes rarely change from...
MBS Day Ahead: Quickly Becoming a Battle to Remain in a Friendly Trend

Posted To: MBS CommentaryAs we discussed last week, the positive technical signals don't get much clearer than they did after Friday's CPI data (weak inflation helped bonds break a floor that had been stubbornly holding for several weeks. At the time, the biggest risk as I saw it was that the positive cues were "too obvious." When there's such a...
Builders' Confidence Returns as Hurricane Worries Wane

Posted To: MND NewsWireAfter reacting strongly to Hurricanes Harvey and Irma with a four-point drop in September, the Housing Market Index (HMI) regained its footing in October. The National Association of Home Builders (NAHB) says the HMI, which measures its new home builder member's attitudes toward the new home market gained four points this month, reaching 68, its highest reading...
Construction Numbers Look Much Better Broken Down by State

Posted To: MND NewsWireIt has been a rather dismal spring and summer for construction, one in which permitting has declined in three out of the last four months. Going more granular, however, a report from the National Association of Home Builders (NAHB) finds that residential permitting, and thus construction, is picking up steam in many states. The Census Bureau releases...
Wire Fraud, MBI and LEP Products; HMDA Stats; The Fed's Leadership

Posted To: Pipeline PressDoes the Fed Chairman make a difference? Yes. Taylor and Powell’s names continue to be mentioned, although Trump is set to interview Janet Yellen Thursday. It wouldn’t surprise anyone if Janet Yellen was being given the boot, unfortunately. Trump must decide whether to risk jarring the markets to ensure deregulation. After all, she is an Obama appointee,...

Balance of power shifts at ABOR after Realtors cast their votes

It's one of the largest professional organizations in one of the largest states, and members of the Austin Board of Realtors have elected seven new board members — all of whom petitioned to get on the nomination slate after nearly a year of behind-the-scenes drama at one of the largest professional organizations in the state. None of the Realtors that...
North Bay housing costs likely to spike after wildfires, economist says

With roughly 4,000 homes destroyed by wildfire, the North Bay has lost a sizeable chunk of its housing stock in what was already a tight home market. That loss is likely to boost home and rental prices immediately, said Danielle Hale, chief economist with Realtor.com, a home listing site run by the National Association of Realtors. “In the short run, it’s really...
Not a downturn, but a dip: Slowing home sales indicate more balance in Austin-area market

The median price for a single-family home in the Austin metro now stands at $291,464. New construction is returning a semblance of balance to the region.
Unions keep fighting Oakland's biggest for-sale housing proposal

Construction unions are continuing their fight to block Oakland's largest active for-sale housing proposal, calling for more stringent labor requirements.
Fast 50 — Boulder Creek caters to low-maintenance homeownership

The company ranked No. 3 among companies with annual revenues of $63 million or more.
Colorado Association of Homebuilders appoints new president

The Colorado Association of Homebuilders Tuesday announced that it has named Ted Leighty as its new CEO. Leighty, formerly vice president of government affairs for the Colorado Association of Realtors (CAR), will start his new job on Nov. 1. Former CAHB CEO Scott Smith announced his departure in August in order to return to the business sector. “I am excited for the opportunity...