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]

POS, Broker, Marketing Products; Trends in Customer Service

Posted To: Pipeline PressThank you to everyone who wrote yesterday correcting me that Hawai’i’s 1959 statehood is 60 years old and not 50. I know it’s not the case, but sometimes it seems like admitting Hawai’i was the last thing Congress agreed on. In these days of gridlock, most members of Congress exhibit a sort of learned helplessness, waiting for...
MBS Day Ahead: Bonds Set to Spar With Key Yield Ceiling

Posted To: MBS CommentaryIn the day just passed, bonds digested and reacted to the minutes from the latest Fed meeting (from late July). Given that the Fed cut rates at that meeting and that many speakers have made themselves clear, there wasn't much left to be gleaned from the minutes. Still, there were takeaways for both bond buyers and sellers....
MBS RECAP: Jerky Knees After Fed

Posted To: MBS CommentaryToday brought the (not very) much-anticipated FOMC Minutes--a more detailed account of the conversation that transpired at the end of July when the Fed announced its rate cut. As expected, some at the Fed wanted to cut more. Some wanted to cut less. The consensus was that it was a mid-cycle rate adjustment that left room for...
Mortgage Rates Pop Higher

Posted To: Mortgage Rate WatchMortgage rates moved higher today, and it had nothing to do with any of the day's events or news headlines. Quite simply put, the bond market (which dictates the rates that can offered by lenders) had already begun to weaken as of yesterday afternoon. Weakness continued overnight as global financial markets dialed back their demand for...
Loan Closing Rates Hit Record High

Posted To: MND NewsWireThere was a dramatic drop in the average note rate for loans originated in July and the refi share of those originations rose significantly. The July Origination Insight Report from Ellie Mae shows a seventh consecutive monthly drop in the 30-year note rate on closed loans from 4.40 percent in June to 4.18 percent in July. Refinancing...
July Delinquency Rate Lowest in Almost 20 Years

Posted To: MND NewsWireBlack Knight said on Thursday that the national delinquency rate fell back by 7.27 percent in July , erasing last month's increase that was caused in party by the calendar. The new rate, 3.46 percent of all active mortgages, is the lowest of any July in the company's records that date back to 2000. That information was...

Analysis confirms home prices are higher in urban Honolulu, with 2 exceptions

An analysis of Oahu home sales data by Locations, a Honolulu real estate firm, has confirmed what most homebuyers already know, that median home prices are higher for neighborhoods closer to Honolulu’s urban core — except for parts of Windward Oahu and the North Shore. Locations defines the urban core as the area from Downtown Honolulu to Kapahulu, and notes that...
On the market: The most expensive homes in Ballwin

This week’s "on the market" takes a look at some of the most expensive homes currently for sale in Ballwin. The homes featured are located in the 63011 and 63021 ZIP codes, which include Ballwin. In the first half of 2019, the two ZIP codes had a combined 1,428 home sales. The median sale price was $294,375 in the 63011 ZIP...
Neil Kelly Co. builds its future off a solid past

The 74-year-old business continues to hit new building and energy efficiency heights.
Top of the Market: Nashville’s most expensive homes sold from Aug. 11-17

Check out the most-expensive homes recently sold in Nashville by clicking through the slideshow with this story. Our latest installment is topped by a $2 million home in the 37204 ZIP code and includes an AllianceBernstein executive. This weekly feature is compiled using Davidson County property records.
Greater Cincinnati's largest homebuilder looks to expand in Ohio

Fischer Homes is planning a 99-home community in Central Ohio.
Housing plus office development in S.F.'s Mission district nears approval

Developers want to replace a surface parking lot with a six-story tower containing office, retail and housing.