Memphis, TN -- (ReleaseWire) -- 01/23/2008 -- Easy Ways for Self-Employed Memphis, Tennessee Residents to Get the Best Mortgage

There's no denying that there are tons of benefits that go along with being self-employed. But along with the freedom of being your own boss, most Memphis residents probably thought one of the things they wouldn't have much choice about is their mortgage. After all, mortgage lenders are traditionally hard on self-employed borrowers, right? Not necessarily.

In fact, says J.R. Quarles, a Loan Officer with Mortgage Executives LLC, it might actually be easier to get a mortgage when you're self-employed. If you know where to look, that is.

"What most people don't know is that many lenders are eager to work with self-employed borrowers," "And because of the unique loans they offer that are designed specifically for entrepreneurs, you might actually wind up going through less hassle during the process than your neighbor, who depends on the good graces of a boss for his livelihood."

Here are some quick pointers on shopping for a loan when you're self-employed:

*Look for lenders that will let you verify your income in ways that don't require tax returns or pay stubs. Bank statements, for example, can be much better indicators of cash flow.

*Explore no-doc loans. No-doc means what it sounds like – you don't have to provide all of the supporting documentation most borrowers do. You simply tell the lender what your income is. You'll usually need good credit scores or a larger down payment for this type of loan.

*Get your accountant to sign off on a profit-loss statement. Some lenders can use these as "verification" of your income from self-employment. This should be a simple thing to put together, especially if you have an accountant prepare your taxes every year.

*Ask the experts. Entrepreneurs don't have the time to shop around for lenders who offer these kinds of loans. So do what you would do in your business. Ask an expert. Mortgage brokers have access to dozens of lenders and mortgage products many people don't even know exist. They can streamline the process and make it easy to get the home you want, at a price you can afford.

Memphis, Tennessee - based mortgage expert J.R. Quarles specializes in providing information to Tennessee residents that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

J.R. Quarles is available for interviews and will welcome all your mortgage related questions.

Call 901-562-9910 for a Free No-Obligation Consultation or visit

http://mtginnovator.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Memphis, TN -- (ReleaseWire) -- 12/12/2007 -- It seems like everyone in Tennessee is jumping on the mortgage refinancing bandwagon. Maybe you're thinking about it yourself? After all, with rates as low as they are, the promise of lowering your monthly payments, sometimes significantly, is a great attraction for many homeowners.

But before you sign on the dotted line, there are a few things you should know about the way refinancing works so you don't make a mistake that could wind up costing you big time.

"With refinancing as popular as it is right now, Tennessee residents have to be even more careful about shopping for the best loan," says J.R. Quarles, a Memphis, Tennessee based mortgage consultant. "Even the most attractive offer can wind up being a disaster once you realize how much the loan is really costing you."

Quarles offers these tips when considering refinancing:

* You should get a significantly lower rate for refinancing to make sense. Don't rush to refinance unless it's truly worth your while. If you're working with a mortgage broker rather than going it alone, you can be assured that they're bringing you the best offers out there. If you're going it alone, you'll have to do the legwork for yourself.

* Consolidating unsecured debt with a refinance loan can be a dangerous idea. You may not be in financial trouble now, but if in a few years things change, instead of simply missing a credit card payment or two, you'll now be in danger of losing your home as well.

* Your credit score counts... big time. If you've had credit problems in the past like a bankruptcy, it might make sense to wait a while for your credit score to recover before trying to refinance. Most lenders make it hard for people with less than perfect credit to get the best deals. But, again, if you choose to let an expert like a mortgage broker get involved in the process, they can often find loan options that most homeowners didn't even know existed - which can save you thousands over the long haul.

Memphis, Tennessee - based mortgage expert J.R. Quarles specializes in providing mortgage information to Tennessee residents that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

J.R. Quarles is available for interviews and will welcome all your mortgage related questions.

Call 901 562-9910 for a Free No-Obligation Consultation or visit http://mtginnovator.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Memphis, TN -- (ReleaseWire) -- 11/23/2007 -- Local Memphis Mortgage Lender J.R. Quarles reveals the shocking truth at a new website that is full of free reports and free mortgage calculators.

"The only way for consumers to make an educated decision is to have all of the facts. Let's face it most consumers are simply uneducated when it comes to obtaining the best mortgage product to fit their financial needs and goals." says J.R. Quarles, a mortgage originator based in Memphis, Tennessee.

For most consumers a mortgage is the single largest financial transaction they will make during their lifetime. In fact, most mortgage payments account for approximately 32% of consumer's monthly income.

J.R. Quarles has put together a new website to finally allow consumers the ability to obtain all of the information they need to make an informed decision.

Here is a listing of some of the Insider Tips available at http://mtginnovator.com

*Little Known Secrets That Will Show You How To Improve Your Credit Score

*Important Terms You Must Know BEFORE Obtaining A Mortgage

*Tested and Proven Strategies For Building A Better Credit Record Faster and Easier

*The Top Mortgage Questions Borrowers Must Ask Before Applying For A Mortgage

*How To Finally Stop Renting And Own A Home Of Your Own

*How To Own A Home With Low Interest Rates And A Low Down Payment, Regardless Of Your Credit

*7 Things You Should NOT Do When Applying For A Home Loan

*12 Secrets To Lowering Your Homeowners Insurance Cost Your Agent Doesn't Want You To Know

Memphis, Tennessee - based mortgage expert J.R. Quarles specializes in providing information to consumers that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

J.R. Quarles is available for interviews and will welcome all your mortgage related questions.

Call 901 562-9910 for a Free No-Obligation Consultation or visit

http://www.mtginnovator.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm