What Is Hard Money?

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Hard money loans are quite a bit different than other loans you’ll see in the housing market like conventional or FHA loans. These types of loans are often used for short term investment purchases where traditional financing options may not be available. Hard money loans are not like traditional loans that focus on the buyer’s… [Read More]

Fix and Flip Investing

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If you want to take on the task of flipping a house, there’s quite a few things to consider. It may seem like an easy way to make a profit, but it can also be an easy way to lose money and very quickly. It may seem simple to find a cheap home and fix… [Read More]

Things to Consider as a First-Time Homebuyer

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Making the decision to purchase a home can be very exciting, but we know that it can also bring about a lot of questions and concerns. It’s a very big decision especially for a first time home buyer and we at JZ Mortgage Services, Inc are here to help guide you along the way on… [Read More]

One Month Bank Statement Program for Self-Employed Borrowers

Young Man Worries About Debt and Money

Being self-employed can be great for many reasons, but it when it comes to purchasing a home, it may be a bit of a challenge to get approved. You may not have the traditional documentation that lenders look for in order to approve borrowers for a mortgage but may be more than capable of repaying… [Read More]

The Home Buying Process

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Buying a home is a big decision and most likely the largest investment you will make in your lifetime. Whether you are a first-time homebuyer or have some experience with past purchases, the entire process can be a bit intimidating. In this week’s blog from JZ Mortgage Services, Inc., we’ll walk through the basic steps… [Read More]

Mortgages for Doctors

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Physicians and other doctors are in a unique position when it comes to applying for home financing or any other type of loan. While most doctors have a higher-than-average income, many have substantial debt remaining from medical school. For traditional mortgages, high debt would preclude these applicants from getting approval, even while they may be… [Read More]

No-Ratio Loans: Basics and Benefits

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When it comes to real-estate investing, traditional mortgages simply don’t work much of the time. Many real-estate investors and small business owners have difficulty quantifying their income and worthiness as a borrower using traditional measures like tax paperwork, W-2s, and debt-to-income ratio (DTI). For many of these would-be investors, we at JZ Mortgage Services, Inc.,… [Read More]

Understanding Bank Statement Loans

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At JZ Mortgage Services, Inc., we find financing solutions for borrowers with all types of needs. Traditional home loans – and the traditional loan qualifying process – aren’t for everyone. Many self-employed borrowers, for example, are great candidates for home financing, but may not qualify for conventional financing because their tax returns don’t reflect their… [Read More]

Portfolio Loans for Self-Employed Borrowers

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If you’re a self-employed business owner, you know that your tax returns on paper may not be a good representation of your worth as a borrower. Unlike government loans (like FHA, USDA and VA loans) and conforming loans (which conform to guidelines set by mortgage giants Fannie Mae and Freddie Mac), portfolio loans can serve many… [Read More]