100% Single Loan Financing with No Mortgage Insurance Is Now Available for Real Estate Investors
Atlanta, GA (PRWeb) January 10, 2007 -- Katz Mortgage Team, www.KatzMortgageTeam.net, of Amtrust Mortgage Corporation, has announced they are now offering 100 percent financing to real estate investors as a single mortgage with no mortgage insurance.
Traditionally, the only way to get 100 percent financing on a residential investment property was to do an 80 percent first mortgage and a high-rate 20 percent second. Now through Katz Mortgage Team, real estate investors can get one low rate loan with no mortgage insurance. This program is offered for borrowers who can fully document their income as well as borrowers who need "no-income verification."
Stephen Katz, of Katz Mortgage Team, states, "We find that the lower payments improve cash flow and profitability. Our property investors also like the convenience of making one payment per property instead of two."
"This program was something that was clearly missing for the market place," Katz states. "We listened to our customers and took the idea to our parent company Amtrust Mortgage. Within 30 days they developed the Single Loan, 100% Investor program for our borrowers and it has been a tremendous success."
About Katz Mortgage Team
Katz Mortgage Team, backed by Amtrust Mortgage Corporation and headquartered in Atlanta, Georgia, is a high-performance team of top mortgage professionals with a commitment to providing the highest level of personal service to customers in 24 states across the nation. As a full-service residential mortgage lender, Katz Mortgage Team specializes in residential mortgages, mortgage refinancing, adjustable rate mortgages (ARMS), fixed rate mortgages and a wide variety of Interest-Only loans attractive to real estate investors seeking investment properties.
About Amtrust Mortgage Corporation
A leader in mortgage banking, Amtrust Mortgage Corporation specializes in retail mortgage lending and is one of the largest independently owned mortgage companies in the nation. Constantly expanding coverage, Amtrust currently operates in the following states: Alaska, Alabama, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Maryland, Michigan, Mississippi, Missouri Minnesota, North Carolina, New Jersey, New Mexico, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Washington.
For more information, contact:
Stephen Katz - Senior Loan Officer
866 742-8400 (toll free)
www.KatzMortgageTeam.net
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