Founded in 1975, Centennial Mortgage, Inc. (CMI) provides real estate financial services to owners and developers of multifamily housing, hospitals, nursing homes, and board and care facilities throughout the nation. Our team of skilled professionals has years of experience in law, accounting, capital markets, project analysis and servicing. We pride ourselves on our innovative response to changing market demands and owner and developer needs.

Over the past thirty years, Centennial has been on the crest of a major trend in the competition for investment capital for real estate. The movement to a national capital market as the low cost provider of funds is strong and accelerating. The ability to access and efficiently use these low cost funds is critical to the success of real estate owners and developers in today’s competitive market.

Let Centennial Mortgage show you how we can make your organization more productive.

Centennial Mortgage is a mortgage bank, providing capital through various U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Agriculture (USDA) insured loan programs. As a HUD insured lender, our loans are AAA rated which translates into the lowest interest rates available, as well as ensuring a plentiful/consistent supply of low-cost funds to meet your real estate needs, now and in the future, whether in Bear or Bull markets.

Centennial is also a USDA-approved lender under the Rural Housing Service 538 and Community Facilities programs. This allows us to provide additional sources of funding for clients interested in rural housing or community and public service facilities. While the HUD programs are well suited for intense urban activity, for new construction in rural areas, the USDA 538 program provides many features of the HUD programs, with more flexibility. The Community Facilities programs allow a greater flexibility to finance a wide array of projects for not-for-profit entities, public agencies, or special purpose districts. Centennial is a pioneer in this market, as the RHS 538 and Community Facilities programs are not offered by many conventional lenders. We are excited to be able to offer these new programs.

Centennial provides services to cover all aspects of the financing process, aiding owners and developers in ensuring the success of their projects. Centennial originates, funds and services loans for multifamily, healthcare and senior housing utilizing HUD mortgage insurance, as well as multifamily housing and community facilities utilizing USDA mortgage insurance. Centennial has a long track record of lending success on a national basis with HUD and USDA loans in such diverse markets as Arizona, California, Colorado, Florida, Michigan, Mississippi, Louisiana, Maryland, North Carolina, New York, Tennessee, Texas, Utah, Washington, and West Virginia.

Although Centennial is primarily a capital source, our clients increasingly recognize the value-added dimension we bring to the development process. CMI has seasoned loan officers (averaging over 22 years experience) providing nationwide coverage through offices in Chattanooga, TN, Miami, FL, Yorba Linda, CA, and South Bend, IN. From origination and underwriting, to loan closing and servicing, our professionals are knowledgeable in all aspects of the commercial real estate development process.