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]

Will New FHFA Head Follow his Instincts or Bow to Reality?

Posted To: MND NewsWire"The most important question in housing policy heading into the new year has nothing to do with interest rates, housing supply, or home sales," Urban Institute (UI) non-resident fellow Jim Parrott says. "It's what kind of director of the Federal Housing Finance Agency (FHFA) Mark Calabria will be ." Calabria has been named to replace Melvin Watt...
MBS RECAP: Bonds Looking Reluctant to Make Bigger Moves Without Data

Posted To: MBS CommentaryToday would have been Retail Sales day were it not for the government shutdown. This also prevented Business Inventories from reporting (not an insignificant piece of data even if not on par with Retail Sales). Tomorrow will see the New Residential Construction numbers (housing starts and building permits) stay silent due to the shutdown. This isn't an...
Mortgage Rates Up Slightly, But Still in Great Shape

Posted To: Mortgage Rate WatchMortgage rates rose modestly today after spending the past 2 days moving sideways. It was really yesterday's market weakness that caused today's move. Mortgage rates are most directly affected by the trading of mortgage-backed securities (MBS). When MBS are weaker, rates rise. MBS were weaker throughout the day yesterday, but not by quite enough for lenders...
Manufactured Home and Capital Markets Products; Radian Expands; Big Banks' Mortgage Volumes

Posted To: Pipeline PressAs pricing battles rage in the wholesale channel, there has been plenty of news of layoffs in residential lending over the last six months industry-wide, due to reasons like becoming more efficient, lower volumes, or fewer delinquencies, the most recent being BB&T and Mr. Cooper (page 7). What would actually be newsworthy is if a well-known company...
MBS Day Ahead: This Morning's Retail Sales Report is Emblematic of The Bond Market's Issue

Posted To: MBS CommentaryThere will be no Retail Sales report this morning due to the government shutdown. This provides a perfect example of the issue the bond market is currently facing. It begins with the state of flux in the economy and in monetary policy. Now more than ever , arguably, the Fed is on the lookout for clues in...
Builder Confidence Buoyed by Lower Rates

Posted To: MND NewsWireAfter falling an aggregate of 12 points in November and December the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) appears to have stabilized. The HMI, a measure of home builders' confidence in the market for newly constructed homes, gained 2 points in January, rising to 58. This one 1-point higher than analysts polled...

Developers make land acquisitions in Dayton to keep projects on track

Two major homebuilders with strong local presences in the Twin Cities have spent millions to acquire land in Dayton to keep their development plans rolling.
Zillow bringing homebuying business to Nashville

Zillow is jumping into Nashville’s housing market. Zillow, known for its website of real estate listings and valuations, will launch its Zillow Offers business in Nashville this year, according to a news release. Zillow Offers directly buys a seller’s house, prepares it for showings and then lists it for sale. Zillow, which is based in Seattle, will use local brokers when...
How much Airbnb hosts in Mecklenburg County earned in 2018

Hosts using the popular home-rental app Airbnb in Mecklenburg County welcomed more guests in 2018 than their counterparts in the Triangle and Triad areas.
Foreclosure rate drops in South Florida in 2018, but more lawsuits filed

As old foreclosure cases are resolved, new lawsuit are popping up.
South Florida real estate projects in the pipeline for the week of Jan. 18

This week's real estate news.
Central Ohio apartment complex sells for $21M to frequent out-of-state investor

A major apartment property in Groveport has a new owner.