95% Stated Income Real Estate Investor Financing Now Available for Self-Employed Borrowers

Katz Mortgage Team, www.KatzMortgateTeam.net, of Home Town Mortgage, has announced they are now offering 95% stated income financing to real estate investors with no income verification.

Atlanta, GA (PRWEB) September 12, 2007 -- Katz Mortgage Team, www.KatzMortgateTeam.net, of Home Town Mortgage, has announced they are now offering 95% stated income financing to real estate investors with no income verification.

Although most lenders have cut back real estate investor financing to 90% loan-to-value, Katz Mortgage Team now offers 95% loans to experienced real estate investors without verifying 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 95% stated income 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 supporting documentation. The risk to the lender is mitigated by putting more emphasis on credit and assets.

"This program was something that has been clearly missing for the market place due to the recent credit crunch", Katz states. "However, we listened to our self-employed real estate investors and took the idea to our parent company Home Town Mortgage. The result is a new 95% Stated Income Real Estate Investor program with no income verification. It's especialy tailor made for our self-employed borrowers. "

About Katz Mortgage Team
Katz Mortgage Team, backed by Home Town Mortgage 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 various 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 Home Town Mortgage
Home Town Mortgage was founded in 1997, and since 2001, has been listed by Georgia Association of Mortgage Brokers (GAMB) as one of the top five producing mortgage companies in the state as well as a long time member of the National Association of Mortgage Brokers. Unlike most lenders, Home Town Mortgage does not fund their loans on credit using warehouse lines. All of our loans are funded at the closing table by one of the top banks in the country.

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