American Mortgage Service Company started its operations at the Gwynne Building in downtown Cincinnati on July 9th, 1975. Emil and Elvera Bergdolt founded American Mortgage Service Company in an effort to help individuals realize the dream of home ownership by working with a reputable, honest and family based company.
In 1990, Ed Wolterman became part owner of the American Mortgage Service Company when he partnered with the Bergdolts. In October 1991, Emil Bergdolt passed away, leaving Ed to manage the company. Elvera is still a shareholder in the company today.
In February of 2001, Bill Case joined American Mortgage after 14 years with a regional bank. He became Executive Vice President in 2002 and President and CEO in April of 2010. Mr. Case joined the ownership group in 2008. Mr. Wolterman became Chairman of the Board in 2010 and remains in that role today.
Over the years, American Mortgage Service Company has expanded to over 30 locations, lending throughout Ohio, Kentucky, Indiana, Tennessee, Michigan, Mississippi, Alabama, Florida and West Virginia. In 2007, the corporation purchased and fully renovated a building at 11503 Springfield Pike in the Cincinnati suburb of Springdale.
In 1977, the American Mortgage Service Company closed $31 million in home loans. Currently, The company closes thousands of loans at over half a billion dollars annually. American Mortgage Service Company has loaned over $8 billion since they first opened their doors in 1975.
American Mortgage Service Company has successfully focused its core business development over the years on relationship growth with real estate agents, home builders and former customers. In the early 2000’s American Mortgage expanded into internet lending. In 2010, American Mortgage acquired the AmericanMortgage.com domain name in order to engage a whole new business of on-line lead generation, mortgage information and social networking for the home mortgage business.
Today American Mortgage Service Company is still a privately held family company with a commitment to integrity, trust, and honesty. The company invests in many local charities as part of our commitment to the communities in which we live and serve. We hope to continue to serve our customers as we have since 1975 for many more years to come.