Katz Mortgage Team Now Offering New Commercial Loan Programs with No Origination Fees, No Appraisal and Super Low Rates Through January 15, 2008
Katz Mortgage Team, backed by Home Town Mortgage of Atlanta, Georgia, is pleased to announce they are now offering a new type of Commercial Real Estate Loan, called Fast & Easy, that meets the varying needs of today's business owners and real estate investors.
Atlanta, GA (PRWEB) December 1, 2007 -- Katz Mortgage Team, backed by Home Town Mortgage of Atlanta, Georgia, is pleased to announce they are now offering a new type of Commercial Real Estate Loan, called Fast & Easy, that meets the varying needs of today's business owners and real estate investors. And for a limited time only, special promotional rates in the low 6% range with no loan origination fees and no appraisals are available through January 15, 2008.
Without the red tape and high cost of a commercial bank, borrowers can now get a great deal on a variety of commercial loans at great rates and with the same people trusted for residential mortgages for over 15 years. Katz Mortgage Team offers outstanding customer service on a wide variety of loan products up to $10 million on commercial real estate properties.
Stephen Katz of Katz Mortgage Team announces, "With our Fast & Easy Loan Program, we're especially excited to announce that we can now offer rates in the low 6% range with NO origination fees AND no appraisals on commercial purchase, refinance, equity loans and lines of credit on amounts between $250,000 and $500,000 with property values up to $3MM. This offer is for a limited time only, as applications must be received by January 11, 2008."
Fast and Easy Commercial Loan Program
Stephen Katz of Katz Mortgage Team states, "Our Fast & Easy Commercial Loan Program is perfect for the commercial real estate investor who wants to purchase or refinance smallecommercial buildings, such as small office buildings, mixed use or light industrial buildings or small apartment buildings." Some of the key benefits of this program include no appraisal or title fees, with closings usually occurring within 30 days for loan amounts up to $500K. All standard property types and many non-traditional property types are eligible for commercial loans, including:
| | - Office
- Mixed-use
- Retail
- Special Purpose
- Warehouse
- Multi-family residential 5+
- Residential 1-4
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The Fast & Easy Commercial Program offers both fixed and adjustable loans and lines of credit with the following terms:
| | - Fixed: 5, 7, 10, 15, 25 due in 10 and 30 due in 5
- ARMs: 5, 10, 15; 25 due in 10 and 30 due in 5
- Commercial Equity Line of Credit (CELOC)
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Comprehensive Commercial Loan Program
"For larger loans up to $10MM", Katz adds, "we still offer our Comprehensive Commercial Loan Program which allows the borrower to borrow up to 97% Loan-to-Value (LTV), with closings typically occurring within 30-45 days." In addition, this program offers several term options, each of which is fully amortizing with no balloons:
| | - 6-month Adjustable
- 2-Year Fixed, 3-Year Fixed, 5-Year Fixed or 7-Year Fixed
- Fixed Rate
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All are available in 15, 20 and 30-year terms
"With the ability to lend coast-to-coast", Katz concludes, "we handle the entire commercial funding process from start to finish with our streamlined and automated underwriting process -- so your deals close smoothly on time, every time."
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 both residential and commercial 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.
For more information, contact:
Katz Mortgage Team
Stephen Katz - Senior Loan Officer
866 742-8400 (toll free)
www.KatzMortgageTeam.net
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