Prospective Home Buyers Find Financing Options Courtesy New Report by North Atlantic Mortgage Corporation

Laurel, NY (PRWEB) February 8, 2006

The “Entrepreneur Home Loan,” a little-known jumbo loan program can finance homes valued at $1 million or more, and provide prospective homeowners and buyers with greater flexibility while helping them make the payment they want. An “Entrepreneur Home Loan” can offer up to 90% financing and cut monthly payments by as much as 45%. Among other benefits, applicants are not required to provide income verification for these loans.

A free, no-obligation copy of the Jumbo Financing Report by North Atlantic Mortgage Corp., is available by calling: 1-877-794-5363.

An “Entrepreneur Home Loan” can be particularly helpful for self-employed, professional or high-income individuals. By offering enhanced tax and pre-payment advantages, it potentially increases cash flow not available with conventional mortgages.

“Entrepreneur Home Loans are one of several creative home financing programs not found at most banks. “These programs offer many financing tools and techniques not available with conventional mortgages,” says John A. Sauro, a 25-year banking industry veteran and president of North Atlantic Mortgage Corp. (http://www.northatlanticmortgage.com).

“Many are not aware that these loans exist,” says Sauro. “Many banks and mortgage companies do not offer these programs. However, for those with an experienced finance professional with the knowledge and access to such mortgages, they can offer the homeowner several unique advantages.”

In business since 1996, North Atlantic Mortgage has been widely recognized as a leading mortgage provider in several markets and regularly negotiates a wide variety of loans from over 120 underwriters.

“Since banks sell their loans directly to Wall Street institutions, they are bound by a very limited ‘product list’ from which they cannot deviate,” notes Sauro, former “Resident Expert on Financing” at New York Academy of Law. “They do not and cannot make the consumer aware of the hundreds of choices available. Banks provide what’s in their best interest, not the consumer’s.”

North Atlantic Mortgage Corp., was named by Newsday as a leading mortgage originator for the New York Metro area. It currently provides loans in New York, Connecticut, Florida, Massachusetts and Colorado.

“People are programmed to visit a bank when they’re mortgage shopping,” continues Sauro. “This is largely because they’re under the impression that they will get a better deal. That’s where they have their accounts and because traditionally that’s what their grandparents did. Times have changed and so have mortgages. Technology and media have revolutionized the game and leveled the playing field to the consumer’s advantage. That is why companies like North Atlantic now account for more than 70% of mortgages originated nationwide.”

For further information or to speak with John A. Sauro, members of the media should contact: 203-329-8430 / 877-794-5363.

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