History
Founded more than 55 years ago, Gershman Mortgage has established a reputation for unsurpassed service and expertise in residential and commercial financing. Gershman is the oldest independent mortgage company in St. Louis and has grown into one of the largest in Missouri. Gershman Mortgage is headquartered in Clayton (St. Louis), Missouri and has offices in Chesterfield, Festus and Springfield, Missouri and O'Fallon and Mt. Vernon, Illinois.
Specialties
Gershman Mortgage offers a wide range of mortgage products and is one of the area's leaders in FHA/VA and conventional single-family home loans having financed over 150,000 loans in the St. Louis area alone. Nationally, Gershman services $650-700 million for multi-family and healthcare facilities in over 10 states. Gershman specializes in providing and servicing all types of financing for apartments, nursing homes, assisted living facilities and hospitals utilizing tax free and taxable bonds. Gershman Mortgage is one of only 25 Active Lenders nationwide to be HUD-approved for MAP (Multi-Family Accelerated Processing) for apartments, assisted living and nursing homes. In addition to HUD financing, Gershman offers many other conventional financing options to their customers.