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No Doc MTA Loan Can Dramatically Lower Monthly Mortgage Payments - No Doc MTA loan can lower payments on your mortgage dramatically. With minimum payments as low as $758 on a $300k loan, plus interest only and 40 year term options, this loan can free up monthly cash flow
No Doc MTA Loan Can Dramatically Lower Monthly Mortgage Payments

 

NewswireToday - /newswire/ - Brentwood, CA, United States, 2006/06/13 - No Doc MTA loan can lower payments on your mortgage dramatically. With minimum payments as low as $758 on a $300k loan, plus interest only and 40 year term options, this loan can free up monthly cash flow.

   
 
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No Doc MTA loans are becoming more and more common. They are not for every homeowner, but are a useful tool for those looking for more monthly cash flow or more leverage for their real estate portfolio. One of the key features to these loans is the ability to be no doc loans. This is useful for those self employed borrowers who may not be able to easily show their true monthly incomes, or for those who just don't want to go through the hassle of a fully documented loan.

Additionally, the MTA loan product is one of the most popular of its kind on the market today. The MTA is a 12 month average index, giving it a predictable future value for the next 12 months. Many lenders also offer the lowest margins on these loan products, and it is possible to obtain one of these MTA loans whether you wish to go no doc, self employed or use it for investment properties. In addition to these no doc MTA loans, there are a handful of other indexes to choose from. If you would like more information on the differances between the major indexes these loans are based on, please call or email me today.

These MTA loans can dramatically increase your monthly cash flow by giving you a rock bottom minimum payment. An increasing amount of borrowers are taking these loans out each year. Example minimum payments on these loans include $500,000 loan amounts at $1264 per month on a 40 year term, and a $200,000 loan amount at $643 per month.

For more information on this product, and how it may be able to help you leverage your real estate portfolio or simply lower your monthly payments, please call today or visit AboutCaliforniaHomeLoans.com.

 
 
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Written by / Agency / Source: All California Home Loans

 
 

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No Doc MTA Loan Can Dramatically Lower Monthly Mortgage Payments

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