Katz Mortgage Team Now Offers New FHA Loans With Higher loan limits and 100% financing
Atlanta, GA (PRWeb) June 6, 2007 -- Katz Mortgage Team, www.KatzMortgageTeam.net, of Amtrust Mortgage Corporation, has announced they are now offering new FHA loans. These home loans have been updated with new higher loan limits up to $544,000 depending on the county; however, most metropolitan counties have a limit between $200,000 and $300,000. Also, with down payment assistance, they can now offer 100% financing.
Stephen Katz, of Katz Mortgage Team states, "It is no secret that over last 6 months there has been a real credit crunch in the weaker credit markets. Many of our clients who have credit issues in the past are now turning to FHA loans for home financing. FHA is a great alternative to sub-prime, since instead of using credit scores, there is an actual examination of recent credit. Many borrowers who have had credit problems in the past can now get a second chance. Borrowers who have put at least one year of good credit under their belts, or two years since a bankruptcy, have an excellent chance of getting approved."
Also, unlike most subprime loans, which are loans offered at a rate above prime for those who do not qualify for prime rate loans, FHA does not have any pre-payment penalties. They are insured by the government, but unlike other government programs, there are no income limits. Mortgage insurance has also been reduced in half and is now tax deductible.
"FHA had been dormant for years, but has now been given a second life. 100% financing for purchases and for current homeowners, we can help them pull out 95% of their equity. In fact, cash-out refinances have actually out-numbered purchase transactions. There are fixed rates, adjustables, and buy-downs available," states Katz. "The programs are open to everybody and the rates are fantastic."
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 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. Amtrust currently lends in all 50 states and specializes in: Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, and Virginia.
For more information, contact:
Stephen Katz - Senior Loan Officer
866 742-8400 (toll free)
www.KatzMortgageTeam.net
###
Managed Forex Accounts for savvy Investors - Ever seen such Forex results?
Related Articles:
Angel Investors Seeking Profitable Venture Capital Opportunities Should Join the Global Village Investment Club
Between now and mid-February, The Global Village Investment Club offers its weekend new member orientation meetings in the San Francisco Bay Area. These meetings offer accredited investors the secret formula to the venture capital club's investment success. Participants have the opportunity to join the largest venture capital club in the world.
Finding Profits In The Forex Currency Exchange Market
Need big money immediately? Forex Currency Exchange awaits you. A large number of people worldwide make a living out of this. But you cannot succeed if you do not have the right tools at your hand. So it is very important to know what you are doing before you approach the task of starting to trade in the market. Whether you are a practiced trader or just a novice here, certain basic instructions are absolutely necessary in order to be successful. Fortunately, what you are reading now are just some of them.
Stock Market Investment Advice That The Gurus Teach
There are many well known investment gurus out there ? Joel Greenbalt, Warren Buffett, and Dr. Mark Faber are just a few and here is some of that stock market investment advice that the Gurus teach.
CoreStates Capital Advisors, LLC Hires Capital Market Consultants, LLC To Build Custom Investment Platform
Capital Market Consultants, LLC, the market leader in custom Open Architecture Investment Management (OAIM) research, platforms, content and solutions for RIA's and financial intermediaries focused on the High Net-Worth space, has been selected to provide investment research and manager due-diligence for CoreStates Capital Advisors, LLC, a fee-based R.I.A. located in Newtown, PA.
Recession-Proofing An Investment Portfolio: Financial Professional Highlights Advice Investors Should Heed in Turbulent Markets
The average individual investor holds portfolios comprised of stocks, bonds and cash. Today that places many investors in a quandary: while bonds are often a safe haven when the stock market outlook is uncertain, bonds usually do not do well when inflation increases, precisely the economic conditions we now face. According to David Kaiser, a Denver-based independent financial professional, investors would be smart to look at where institutional investors, like foundations and trusts, turn during times of market volatility.
Ellenbecker Investment Group Hires Capital Market Consultants, LLC for Mutual Fund
Capital Market Consultants, LLC (CMC) a Milwaukee-based investment consulting firm providing investment research and economic consulting to financial intermediaries has added Ellenbecker Investment Group, Inc. (EIG) to its growing list of clients.
Forex Managed Fund - An Investment Alternative to Stocks and Bonds
All the major stock indices including the Dow, NASDAQ and the S&P 500 are down well over 30% YTD as of early November 2008 American Investors along with their Investment Advisors and Fund Managers need to recognize that the stock market is not the only place, and most certainly not the best place to invest their capital
Managed Forex Account - Be Your Own Hedge Fund And Avoid The Recession
Managed Forex accounts are best suited for those who wish to tap into the Forex world's fast moving turnover but don't have all it takes to do so. A managed Forex account is a type of trading account that is handled by a company trading representative. This presents an arrangement for a novice investor who is inexperienced and has no time to study the Forex market dynamics. A lot of people are interested in the Forex market due to its' high liquidity, 24 hour trading, low start up costs, and other attractive reasons. However not all traders are able to sufficiently learn or trade currency due to conflicting time schedules or perhaps due to other job delegation. A managed Forex account is a live Forex account absolutely funded by an investor...
Investment Techniques for Volatile Markets - Hedge Fund Manager Reveals Secret Strategies
Helping Hands eBooks announces the publication of its new eBook Invest and Grow Rich - NOW, Everyone's Guide to POWER INVESTING in 2008. This eBook is focused on providing ordinary investors the knowledge and the means to earn extraordinary results. Also, immediately being released, is a free, monthly Investment Advisory Newsletter by the author of the book.
This book clearly answers to burning questions for investors: Is it possible to make money in the market, no matter which way it moves? Is it possible to manage investments so that investment value can double every two years-safely?
Stocks Versus Foreign Currencies and Managed Funds
For over a century now, Stocks have been heavily traded and known to the average US investor and non-investor alike In essence, when you buy a stock you are purchasing a stake of ownership in the company
Huagati Systems Introduces New Software System for Managing Hedging of Commodities and Foreign Exchange
Huagati Systems today announced the availability of Hedgehog Hedging Tracker, financial management software for managing hedging operations of currencies and commodities. Hedgehog Hedging Tracker is a web based multiuser system with flexible configuration options.
Investment Advisor Magazine and Prima Capital Announce 2008 Separately Managed Accounts Award Winners
Fourth Annual Ranking Recognizes Six "At the Summit" Management Teams and Portfolios - Investment Advisor magazine and Prima Capital announced today that six portfolio management teams have been chosen as winners of the 2008 Separately Managed Accounts (SMA) Awards.
Forex Managed Fund, An Investment Alternative
Fund Managers, Brokers, Investment Advisors and high net-worth investors looking for alternatives to the stock market and real estate to grow your portfolios may want to take a look at the Forex Market
The Forex Market, also know as the Foreign Exchange or The Foreign Currency Market is a global electronic market 35 times larger than the NYSE with over $3 trillion a day in turn over
Three Reasons Not To Trust Stock Market Investment Advice
If you?re playing in the stock market good for you - there is some potential for you to make some excellent profits. But before you get too wrapped up with investor advice here are three reasons not to trust stock market investment advice.
How The Foreign Exchange Market is Different From The Stock Market
The foreign exchange (currency or forex or FX) market refers to the market for currencies. Transactions in this market typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is the largest and most liquid financial market in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions.