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Single-Loan, 100% Investor Real Estate Financing Now Available
FOR IMMEDIATE RELEASE:
ATLANTA, GA (PRWEB) October 16, 2006 - Katz Mortgage Team, www.KatzMortgateTeam.net, of Fairway Independent Mortgage Corporation, has announced they are now offering 100% financing to real estate investors as a single mortgage with no mortgage insurance.
Traditionally, the only way to get 100% financing on a residential investment property was to do an 80% first mortgage and a high-rate 20% second. Now through Katz Mortgage Team, real estate investors can get one low rate loan with no mortgage insurance. This program is offered for real estate investors who can fully document their income as well as investors 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 investment property instead of two."
"This program was something that was clearly missing for the market place" Katz states. "We listened to our real estate investors who are our customers and took the idea to our parent company Fairway Independent Mortgage Corporation. Within 30 days they developed the Single Loan, 100% Investor Real Estate program for our real estate investors and it has been a tremendous success."
About Katz Mortgage Team
Katz Mortgage Team, backed by Fairway Independent 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 Fairway Independent Mortgage Corporation
A leader in mortgage banking, Fairway Independent Mortgage Corporation specializes in retail mortgage lending and is one of the largest independently owned mortgage companies in the nation. Constantly expanding coverage, Home Town currently operates in the following states: Alaska, Alabama, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Kentucky, Maryland, Michigan, Missouri, Minnesota, North Carolina, New Jersey, New Mexico, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Washington.
For more information, contact:
Stephen Katz - Senior Loan Officer
866 742-8400 (toll free) or Stephen@KatzMortgageTeam.com
www.KatzMortgageTeam.net
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