Schmidt Mortgage Company began in the mortgage business in 1940, with the intent to provide reputable and trustworthy service to borrowers. In 1959 we adopted our current name and we were approved by HUD. Now we are a leading FHA, VA and Fannie Mae approved mortgage banker. We proudly announce our President, Jeff Steed, as the 2008 president-elect of the Ohio Mortgage Banker’s Association.

Our breadth of services and strength in the mortgage business allow us to offer our services directly to individuals through a network of community banks and credit unions. Through the strategic alliances with these institutions, we provide to customers:

• Monthly Acceptance and Accounting of Mortgage Payments
• Reconciliation and Payment of Insurance and Real Estate Tax Escrow Accounts
• Investor Remittances

Our involvement in the lending transaction provides customers with direct access to our portfolio of products including:

• Conventional Fixed Rate Mortgages
• Government Insured FHA and VA loans
• Jumbo Loans
• Purchase and Refinance Options
• Ohio Housing Finance Agency 1st Time Buyer
• Reverse Mortgages for Senior Citizens
• Commercial Loans up to $1.5 Million

Why is Schmidt Mortgage Company on my loan documents?

Schmidt Mortgage Company partners with other lenders in originating and servicing mortgage loans. If you are the borrower, you are still your bank, credit union or lending institution’s customer. Schmidt Mortgage has a strategic working relationship with lenders which gives these lending institutions the ability to broaden their service offerings directly to their customers, yet maintain the high quality, personal service and support that Schmidt Mortgage Company stands for. Adding Schmidt Mortgage brings strength and security in the fair, honest and personal approach to mortgage related business practices.