George K. Baum & Company is recognized as one of the most innovative investment banking firms serving the housing finance industry. We have developed some of the industry’s most creative and successful new mortgage programs, program delivery systems and financing structures.

George K. Baum & Company developed the concept of the assisted loan program and completed our first such financing in 1993. We were instrumental in working with FHA, Fannie Mae and Freddie Mac to establish underwriting criteria for mortgage loans, including down payment assistance. We also worked with the bond law community to determine how such programs impacted federal tax law. Initially, all of our down payment assistance programs provided assistance in the form of a gift. The funds for the gift were obtained by selling a portion of an issuer’s bonds at a premium. George K. Baum & Company virtually developed the market for single family housing bonds sold at a premium. Since then, we have expanded the ways in which we can provide down payment assistance.