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]

Top 5 Office Building Sales

PropertyShark compiled the top 5 sales in office for November 2018 in New York City.
Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail for November 2018 in New York City.
Country Return Comparison

This chart compares the return performance of seven countries where MSCI has quarterly property indexes over the 12-months to end September.
Multifamily Outperforms While Pricing Across All Sectors Decrease

After declining in four of the last five months, apartment pricing remained stable at 0.1 percent year-over-year, according to Ten-X’s Commercial Real Estate Nowcast for November.
Delinquency Rate Resumed Its Year-Long Downward Trajectory

The overall delinquency rate for US commercial real estate loans in CMBS is now 3.3 percent, a decrease of nine basis points from the October level.
2018 Development

Year-over-year change in U.S. commercial real estate under construction in the industrial, office and retail sectors, updated monthly.

MBS RECAP: Bonds Ignore Econ Data in Favor of Next Week's Fed Events

Posted To: MBS CommentaryBonds began the day in modestly stronger territory. While they spend a small amount of the day trading a small distance away from those opening levels, that time and distance was never big enough to cause any concern. In short, the "consolidation" we'd hoped to confirm by seeing 10yr yields remain under 2.92% this week has officially...
Mortgage Rates Preserve Most of Last Week's Gains

Posted To: Mortgage Rate WatchMortgage rates didn't move much today, and that's arguably a good thing. When the week began, we discussed the need for rates to cool-off after last week's rapid drop. Doing so would improve our chances of seeing recently lower rates stick around for more than a fleeting moment. Now here we are on Friday with the...
MBS Day Ahead: This Would Show That Bonds Are Serious About Considering Even More Gains

Posted To: MBS CommentaryIf you've truly come to an appreciation of the gravity of bonds' big picture headwinds over the past 2 years, then the past 5 weeks may feel like a stroke of luck so good that it has to change any day now. More than a few bond analysts were worried about a bigger, sharper bounce when yields...
MBS RECAP: Bonds Continue Calming Before Next Storm

Posted To: MBS CommentaryWhether or not next week's Fed announcement proves to bring a winter storm for bond markets remains to be seen. That said, if anything is going to do the trick, that's the best chance we have. Between now and then, bonds aren't quite sure what to do with themselves, as evidenced by their relative absence of movement...
Housing Forecasts Are Getting More Consistent

Posted To: MND NewsWireConsistency can be boring, but in crazy times it can also be reassuring, even comforting. While they differ on the specifics, economists, at least those in the housing industry, seem to be coming together with much the same outlook and many of the same caveats for the next year or so. Fannie Mae's Economic and Strategic Research...
Compliance and Documentation Products; Loan Limit Changes in the Primary Markets

Posted To: Pipeline PressLots of folks in the mortgage biz like statistics and odds. They may not remember them, but they like them. (As Marcus L. writes, “People still play the lottery even though most of us can't get the USB in the first time correctly and those odds are 50/50.”) Plenty of home loans are impacted by student debt....

What you need to earn to live in the Sacramento area's most expensive neighborhoods

To buy a home in one of the Sacramento area’s most expensive neighborhoods, a six-figure salary isn’t just ideal, it’s a requirement. Of the top 25 most exclusive ZIP codes, ranked by the minimum salary required to afford the median home price, the most affordable neighborhood requires an income of $101,560, while the most expensive neighborhood requires an income of...
Want to buy a home in the Valley's swankiest neighborhoods? Here's what you need to earn

If you want to live in Arizona's most exclusive ZIP code, you better bring home a lot of dollar bills. Paradise Valley 85253 is the only ZIP in the state with a median home value north of $1 million, according to data compiled by Zillow Group (Nasdaq: Z). To live there, one must earn nearly $300,000 a year, according to a...
Development surging in Gwinnett County

A surge of development is taking place across Gwinnett County. From unincorporated areas to town centers, retail, residential, offices and hotels are taking shape.
The WBJ's latest dream home is the ultimate in entertainment

It's possible that no other area home says Christmas spirit like this week's Wichita Business Journal Dream Home. The home, 3526 N. Beach Club Circle in the gated Pier 37 community in northwest Wichita, features six bedrooms, five bathrooms and a large recreation room complete with a batting cage and synthetic turf underneath a four-car garage. With an outdoor pool just steps...
Luxury Centerville home on the market for $850K

The luxury home at 1054 W. Spring Valley Pike is 6,371 square feet and has four bedrooms. The home was built in 2002. Click the gallery to see photos of the home. The home has three bathrooms and two half-bathrooms. The home features formal living and dining rooms, along with a gas fireplace and a beamed ceiling in the family room. The...
Patti Payne's Cool Pads: Shane and Kara Pierre's waterfront custom dream manse hits the market for $6.6M

Shane Pierre, dealer principal and owner of Pierre Auto Centers, and his wife Kara Pierre have just listed their Lake Forest Park waterfront manse for $6.59 million. Built in 2015, the more than 8,100-square-foot home was the dream home they always wanted – Kara planning out every inch of space, essentially designing it herself – after bulldozing down the existing...