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]

Home Builders Confidence Remains Near 20-Year High

Posted To: MND NewsWireThe National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) settled back a bit after its 5-point surge in December took it to its highest level since 1999. The Index, a measure of builder confidence in the market for newly constructed homes, dipped 1 point in January to 75, still remaining above that earlier high....
HUD Jobs; Borrower Satisfaction Report; Vendor News and Updates

Posted To: Pipeline PressFor folks who like numbers and trends, according to the U.S. Census Bureau’s national and state population estimates released in December, 42 states and the District of Columbia had fewer births in 2019 than 2018. Natural increase, or when the number of births is greater than the number of deaths, dropped below 1 million in 2019 for...
MBS Day Ahead: Robust Day of Econ Data and Corporate Earnings

Posted To: MBS CommentaryBonds continue to be well-contained by the prevailing consolidation range--a series of higher lows and static highs that's been in place in its current form since mid October. A big break outside that range could serve as a cue for sustained momentum in the direction of the break. Think of such patterns as the bond market's way...
MBS RECAP: Most Interesting Part of Today is That it Comes Just Before Tomorrow

Posted To: MBS CommentaryToday marked a rare mid-week "total dud" in terms of bond market momentum developments. This was made all the more striking by the fact that bonds certainly COULD have developed some sort of reaction strategy based on the particulars of the US/China trade deal signing (it included several new clarifications on the deal). But I'd be the...
Mortgage Rate Volatility Still a No-Show For 2020

Posted To: Mortgage Rate WatchMortgage rates improved modestly today, adding to yesterday's slightly less compelling improvement. Taken together, they keep an air of calm and steady progress intact during a week that ran the risk of stumbling across volatility. One of the key sources of potential volatility was today's signing of the US/China "phase 1" trade deal. Granted, it was...
Lower Housing Affordability Linked to Slower Job Growth

Posted To: MND NewsWireThe National Association of Realtors® (NAR) has uncovered another downside to the increasing lack of housing affordability in the U.S. A new study found that, in many areas where affordability has declined over the last five years, so has the rate of job growth. NAR measures affordability by calculating the ratio of the median family income to...

WeatherTech founder buys equestrian estate for more than $23M (Photos)

A trust led by David F. MacNeil, the founder and CEO of WeatherTech, bought a recently-completed equestrian estate in Wellington for $23.18 million. Elite Equestrian Estates, managed by James R. Gray in North Haven, Connecticut, sold the 5,890-square-foot home on 3.75 acres at 13700 Quarter Horse Trail to the DMN Wellington Trust, with Fort Lauderdale resident MacNeil as trustee. The deal...
The Schwabs sell San Francisco mansion

It's not clear whether the Schwabs were living in the residence full time or why they decided to sell. Charles Schwab announced in November that it will move its headquarters to a Dallas suburb as part of a deal to buy TD Ameritrade.
Homebuilder plots 650 unit project in Zebulon

A national homebuilder plans to bring over 650 homes to the growing town of Zebulon.
Housing iBuyer marks 5th anniversary with Valley growth plans

When San Francisco-based Opendoor Laboratories Inc. introduced the nation's first iBuyer program five years ago, nobody knew what the heck they were talking about. Now the company is rapidly expanding nationwide, with big plans in the Valley.
CRE Roundup: Town Center office towers lead week's $201 million in sales

Jacksonville saw 17 commercial real estate sales of at least $1 million close in the last week with sales totaling more than $201 million. Investment came from Texas, Tennessee, California, New York, Georgia and others. Sales were led by the $107 million bundled sale of the Town Center One and Two office towers. The five largest sales include: An affiliate of Texas-based TPG...
More buying to come in 2020 from largest apartment owner in DFW

The company currently owns 39 apartment complexes in Dallas-Fort Worth, totaling 13,464 units.