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]

TGM Makes 6th Chicagoland Buy

A former Crossroads Partners asset, the luxury property is located in the North Shore suburb and offers access to more than 100,000 square feet of retail amenities.
HFF Secures $50M Durham Acquisition Loan

The company debt placement team working on behalf of borrower Lantower Residential included Senior Directors Jamie Leachman and Roger Edwards.
What’s Next for Logistics Property?

A new Prologis report examines how anticipated changes in the components of supply chain costs could impact the sector.
Navigating Construction Loans, Part 1

In the first installment of a two-part series, Avison Young Principal Jay Maddox details the ways in which lenders mitigate construction risk.
Berkadia Arranges $46M Loan for Miami Residential Tower

Charles Foschini and Christopher Apone of the firm’s South Florida office arranged the three-year term loan, representing the buyer. The waterfront tower sits along the Miami River.
Kiser Group Reps Buyer of Chicago Multifamily Portfolio

The two properties are located in Evanston and used to belong to Stephen Matic. Danny Mantis and Lee Kiser represented the buyer in the $17 million deal.

Existing Home Sales Level Out After Long Decline

Posted To: MND NewsWireIt was a disappointment, but at least it wasn't a loss. Existing home sales, which were expected to increase in August after four straight months of declines instead remained unchanged from July. In fact, almost the entire report on August's existing home sales can be summarized by the word, "flat." Said sales of single-family homes, townhouses, condos,...
Vendor Mgt. and POS Products; Upcoming Events; Ask a Lender's Sunset?

Posted To: Pipeline PressThis Saturday is the autumn equinox – season-wise, we know what is on the way. “Rob, we, like everyone else, are watching the approaching winter, and higher rates, and wondering if there are ways to improve our financial picture without laying people off or cutting LO comp. Heard of anything?” This is going to sound like a...
MBS Day Ahead: Long-Term Trend is a Cheap Trick. Here's The Reality For Rates

Posted To: MBS CommentaryOne of the themes we often revisit in times of trouble is the long-term bull market in bonds. This traces back to the 80's and provides a shockingly linear set of lower highs and lower lows in 10yr yields. Most recently, we've seen yields rise back to the upper boundary of the long-term trend. There's still a...
MBS RECAP: Is It Over?

Posted To: MBS CommentaryThe titular question could be taken two ways . Is the selling pressure in bonds over? Is the "low rate environment" that's been in effect since mid-2011 over? The answers, in order are "probably not" and "for now." To be fair to the "low rate environment," that's arguably been over since 10yr yields broke above 2.5% in...
Mortgage Rates Knocking on 5% Ceiling

Posted To: Mortgage Rate WatchMortgage rates are in bad shape . At some point in the past 3 days (depends on the lender), top tier 30yr fixed rate offerings hit their highest level in 5 years, then 7 years. For the first time since 2011, the most prevalent top tier rate is 4.875% (meaning a handful of lenders are at...
August Loan Closing Rate Highest of Year

Posted To: MND NewsWireThe share of loans originated for refinancing rose in August for the first time this year. Ellie Mae's Origination Insight Report shows that closed transactions for refinancing represented 32 percent of the total, up 3 percentage points from July. The 3-point increase was consistent across all loan types. The refinancing share was 45 percent at the first...

Top of the Market: Nashville's most expensive homes sold from Sept. 9-15

Check out the most-expensive homes sold in Nashville recently by clicking through the slideshow with this story. Our latest installment is topped by a $2.4 million home in the 37205 ZIP code. This weekly feature is compiled using Davidson County property records.
Re/Max Results names Brenda Tushaus CEO

Re/Max Results has promoted Brenda Tushaus to CEO, the Eden Prairie-based real estate company said Wednesday. Tushaus was most recently chief operating officer for
Re/Max Results. Tushaus will be stepping into the role held by John Collopy,
Re/Max Results' owner, who plans to phase himself out over the next year. “Brenda has played an integral part in growing RE/MAX Results...
Condo belonging to late chef Anthony Bourdain listed for sale

The New York City apartment owned by Anthony Bourdain, the late chef and television personality, reportedly is up for sale. Bourdain and his wife, Ottavia Busia, purchased the Upper East Side condo at Carnegie Hill Tower on East 94th Street for $3.35 million in January 2014. It is now on the market for $3.7 million, according to the Wall Street Journal report...
Cupertino approves massive development agreement for Vallco Mall

The city of Cupertino approved a development agreement Wednesday night that would bring nearly 3,000 residential units and millions of square feet in commercial space to replace its dying Vallco Shopping Mall. In a 3-2 vote, the council reluctantly approved the densest development ever proposed for the 58-acre site that sits about a mile from Apple Inc.’s new headquarters. Cupertino Mayor...
After Hours: Habitat for Humanity Hard Hats & High Heels Gala

Habitat for Humanity of Greater Sacramento held its Hard Hats & High Heels Gala on Sept. 14 on the grounds of the state Capitol. The sold-out fundraiser featured a dinner catered by Statehouse, as well as an auction led by David Sobon. The emcees for the event were Keristen Holmes with ABC10 and Patrick Harbison with Patrick Harbison Public Relations. Attendees at...
Mayor Breed introduces law to keep over 3,400 at-risk housing units afloat

Just two months after being inaugurated, Mayor London Breed has introduced her first major law in an attempt to secure San Francisco’s stalled pipeline of new housing. It targets 3,420 units of housing, 498 of which would be permanently affordable, "currently at-risk due to unrealistic permitting deadlines" in part set by Proposition C, according to the mayor's office. In particular, the...