JAMES F. BORIS
Founder, President & CEO

 

Mr. Boris is the founder, President and CEO of American Mortgage Solutions, LLC, a National Commercial Mortgage Banking Company specializing in the origination, underwriting, funding and servicing of FHA Multifamily Apartment and Healthcare loans nationwide.

Prior to forming American Mortgage Solutions, LLC, from July 1997 through February 2003, Mr. Boris was Vice President – FHA Lending for Arbor Commercial Mortgage, LLC. As Vice President-FHA Lending, Mr. Boris supervised Arbor’s National FHA Multifamily Apartment and Healthcare Financing Division. Mr. Boris oversaw Arbor’s FHA Division, including annual budgeting, managing all FHA personnel, as well as, coordinating the origination, processing, and funding of FHA-Insured Multifamily Apartment and Healthcare Real Estate Loans Nationwide.

Arbor was a National Commercial Mortgage Banking Company providing loan programs for numerous types of commercial real estate, and a FHA Mortgagee providing funds for the acquisition, refinance, rehabilitation, and new construction of Multifamily Apartments and Healthcare Facilities throughout the United States.

During his career, Mr. Boris has arranged well over $700 million in FHA-Insured healthcare and multifamily financing, representing more than 14,000 units of housing located throughout the United States.

Prior to joining Arbor, from August, 1993 through June 1997, Mr. Boris was Vice President & Manager-Insured Loans at GMAC Commercial Mortgage Corporation, where he also specialized in arranging FHA-Insured Financing throughout the United States.

Prior to joining GMAC, from November 1987 to August 1993 Mr. Boris was Vice President, Insured Financing at Cambridge Realty Capital, LTD., a commercial mortgage banking firm based in Chicago, where he started his specialized career of arranging FHA Insured Financing.

Mr. Boris’ career commenced in servicing FHA loans for Cambridge Realty Capital, LTD., where he further expanded his experience to include underwriting and subsequently origination of HUD-Insured project loans under all of the Sections noted herein.

Throughout his career, Mr. Boris has underwritten and acted as the underwriting reviewer on dozens of loan applications submitted nationally to HUD under the Fasttrack and MAP Programs. The projects underwritten included those under HUD Program Sections 221(d)(4) – Rehab and New, 223(f) - Refi’s and Purchases, 232 – New and Rehab, and 232 Pursuant to 223(f) – Refi’s and Purchases.

Mr. Boris’ underwriting experience includes mortgage credit review and analysis, review of valuation, architectural, cost, and environmental reports, attending and conducting site inspections and pre-application meetings, and the preparation of narrative reports for inclusion in HUD Pre-application stage and Firm Commitment stage MAP applications.

In addition to the actual underwriting of HUD-Insured loans, Mr. Boris has served as the quality control reviewer on hundreds of millions of dollars of HUD-Insured loans under both the Fasttrack and MAP program guidelines.

Mr. Boris has also been actively involved in the preparation and review of closing documents including closing statements and supporting documents submitted to HUD counsel for initial and final loan closings.

 

American Mortgage Solutions, LLC
7701 S. Grant Street, Suite D
Burr Ridge, Illinois 60527
(630)654-4182 * Fax: (630)654-8985
email: jfb@megapathdsl.net

 

 
 

Copyright 2003-2009 American Mortgage Solutions, LLC, All Rights Reserved.
Website Designed by Cartouche WebWorks, Inc