Posted By: John Steele

Mon Nov 13, 7:00 AM ET

ATLANTA, GA (PRWEB) November 13, 2006 -- Katz Mortgage Team, www.KatzMortgateTeam.net, of Amtrust Mortgage Corporation, has announced they are now offering 100% financing to self-employed real estate investors with no income verification. ADVERTISEMENT

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Traditionally, the only way to get 100% financing on a residential investment property was to verify income through documentation such as paycheck stubs, K1's, W-2's, 1099's, 1040 tax returns, and real estate leases.

Stephen Katz, of Katz Mortgage Team states, "We find that many self-employed borrowers have complex financial situations. Often times, startup costs, business expenses, depreciation and investments cause self-employed borrowers to appear to have less income than they actually do. We needed to find a way to allow these borrowers to take advantage of 100% real estate investor financing."

This new program allows a self-employed borrower to simply state their income on the loan application without having to supply any supporting documentation. The risk to the lender is mitigated by putting more emphasis on credit and assets.

"This program was something that was clearly missing for the market place" Katz states. "We listened to our self-employed real estate investors and took the idea to our parent company Amtrust Mortgage. The result is a new 100% Real Estate Investor program with no income verification. Its tailor made for our self-employed borrowers. "

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) or email protected from spam bots

www.KatzMortgageTeam.net

####

Katz Mortgage Team

Stephen Katz

404-591-3121

E-mail Information
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