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Loan doc: George Smith quit a job in the aerospace industry because he wanted to become richand he did, putting together mortgage transactions GEORGE Smith created his own real estate investment banking firm--twice. After working for a decade in the West Coast office of Sonnenblick-Goldman Co., an old-line New York firm, he decided to set... (Continue Reading) `No doc' loans help self-employed Just because you've just quit your job and have decided to go into business for yourself and you can't document your income doesn't mean you can't get a new mortgage or refinance your existing one... (Continue Reading) No-doc, low-doc mortgages service special situations The majority of mortgages are designed for people with a good credit history and a high credit score as well as a regular job with steady and easy-to-verify ...... (Continue Reading) Variety keeps finance products moving, survey says The mortgage production business has become a very diversified market in 2005, with most originators now routinely offering a varied menu of prime, Alternative A and subprime loans. That's one of t... (Continue Reading) No Red Tape Expands Product Line With Jumbo Combos; Aggressive New Products Offer Higher CLTVs, Better Pricing, Expanded Doc Types SHERMAN OAKS, Calif. -- No Red Tape Mortgage(TM), the nation's premier jumbo-only wholesale lender, has introduced another loan product that will allow ...... (Continue Reading) The dark side of no-doc mortgages You think Tony Soprano would answer a bunch of personal questions just so he could get a loan to buy a house? Fuhgeddaboutit! The TV Mafioso would do no such thing. He would go to no loan shark, e... (Continue Reading) Reduced documentation loans seem easy Q. These reduced documentation loans seem to be an easy way to get a loan. Why doesn't everybody use them? A. Because a lender is doing less verification ...... (Continue Reading) GFI's Mortgage Banking Division: leading the industry through innovative lending In 1980, GFI Mortgage Bankers, Inc. began funding local residential mortgages in Brooklyn. By working closely with residents and businesses in neighborhoods ...... (Continue Reading) Progress through properties: after being laid off, Stephan Jackson enhanced his family's wealth by investing in real estate WHEN STEPHAN JACKSON, A PRODUCT manager for Hewlett-Packard in Newark, California, lost his job in May 2002, he was faced with making some major life ...... (Continue Reading) MORTGAGES Q&A Low-doc loan preserves privacy Q. I need a mortgage loan to buy a home but I do not want to disclose my income to a lender. What are my options? A. Many people, particularly those who are self-employed, do not want to discl... (Continue Reading) |