Posts Tagged ‘home mortgage lenders’

ZFG Mortgage – 918-459-6530

March 6, 2009

Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

Tulsans Can Take Advantage Of Home Tax Credit

http://www.newson6.com/global/story.asp?s=9886544

Posted: Feb 22, 2009 05:18 PM

Updated: Feb 23, 2009 12:15 AM

Lenders like Clay Clark of ZFG Mortgage say it's the best time in 30 years to buy a home.
Lenders like Clay Clark of ZFG Mortgage say it’s the best time in 30 years to buy a home.
Realtors say homebuyers have the chance to consolidate debt into a new mortgage.
Realtors say homebuyers have the chance to consolidate debt into a new mortgage.
 

By Jeffrey Smith, The News on 6

TULSA, OK — The stimulus package is mostly about infrastructure and employment, but there are a lot of opportunities for people in the Tulsa area.

The economic stimulus offers homebuyers an $8,000 tax credit. Those who haven’t bought a house in the past three years can take advantage of it.

Lenders like Clay Clark of ZFG Mortgage say it’s the best time in 30 years to buy a home.

“It’s a sweet deal,” Clark said. “I’m saying, I guess, it’s a great deal short-term for people.”

The credit is meant to shore up the mortgage crisis in states like California. But because Oklahoma’s housing bubble hasn’t burst, folks can save a lot of money.

“They go, ‘Do I have to pay this back?’ You don’t have to pay it back,” Clark said. “Then they go, ‘Can I use this for a rental home?’ You can’t do it! It has to be a primary residence.”

But like a late-night infomercial, you have to act now. Clark says at the end of the year, the feed will dramatically raise the 5 percent interest rate.

“Government’s pouring more water in the currency Kool-Aid, so to speak,” he said. “So we’re diluting it over time, which would cause pretty rapid inflation.”

Realtors say homebuyers have the chance to consolidate debt into a new mortgage.

“We’ve got the stimulus package going on,” Jenks realtor Eva Aldridge said. “Interest rates are really low. Houses are just now coming up on the market. There’s a lot to choose from.”

Mortgage lenders also say if you live in an apartment, and pay less than $900 a month in rent, you can move into a new house for the same price.

“And if you’re prepared to move to Owasso or Claremore or Coweta, areas that qualify for rural development loans, you can get 100 percent financing at a 5 percent rate,” Clark said. “So for less than you’re paying for your apartment each month, move into a new house — a brand new house, new construction.”

He says now’s the time to put your foot down on a new Oklahoma home.

Clark says it’s also a great time to refinance your home because an average homeowner in the Tulsa market can save tens of thousands of dollars.

For more information, call ZFG at 459-6530.

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Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

It’s easy to understand why many people looking for a new home are turning to FHA insured loan programs. Because FHA Loans are insured by the Federal Housing Administration homebuyers have an easier time qualifying for a mortgage. Those who typically benefit most by an FHA loan are first-time home buyers and those who have less than perfect credit.

The links to the right are articles aimed at helping you better understand FHA loans. With this information you can make a more informed decision on whether these government insured loans are right for you and your family.

 

New Changes in FHA Loans

In response to the growing housing situation in the United States the loan limits for FHA Loans has been temporarily raised. Depending on where you live you might find it even easier to qualify for a FHA loan.

As Loan specialists we can help you understand any new changes to the FHA loan program. We’re here to create a customized solution that works best for you and your family. To learn more call us at 918-812-9374 or contact us via email by clicking here.

Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

 

In our  attempt to get our products and services in front of your with ever-increasing frequency, we have put together the following list of words that our customers have indicated that they often use when searching the internet to find tulsa mortgage lenders.

Tulsa mortgage lenders and lending institutions, broken arrow and tulsa based mortgage lenders Tulsa, oklahoma mortgage lenders, tulsa mortgage lending companies, mortgage lending companies providing services for the tulsa market, tulsa commercial lending services in the area, tulsa mortgage and tulsa real estate investment lenders, tulsa commercial real estate investors network, tulsa commercial real estate and banking companies, tulsa retails properties available for purchase in the 74135 area, tulsa executive investment firms, tulsa properties available for lease, tulsa business opportunities, tulsa lending services, tulsa loan capitalization, tulsa funding programs and processes, industrial property, industrial properties, retail property, retail properties, vacant land, Tulsa, tulsa lending service property, tulsa bridge loans, tulsa loans repair kits, tulsa  real estate sale, real estate broker, real estate brokers, investment property investment properties, zfg mortgage tulsa, tulsa mortgage lenders, tulsa mortgage companies, tulsa business services, tulsa’s most trusted name in the mortgage lending service industry, tulsans who love noodeling, tulsa area trust funds, tulsa wealth creation services.

www.youtube.com/zfgfinancial.com

http://tulsamortgagelender.wordpress.com/

Zeshu Financial Group: (Fax: 918-459-6535),

1-877-205-7266
5807 S Garnett Rd Suite I Tulsa, Oklahoma 74146

We offer the most competitive rates for loan programs in the Tulsa area. If you don’t see a rate you’re looking for, you can use our Rate Tracker service to request that we notify you when rates reach a certain level.

zfglendingfaq
 
How Do Lenders Set Mortgage Rates?

How lenders set rates 

Generally speaking, the most commonly asked question in the mortgage industry is this, “How do lenders set mortgage rates?” And the answer is simple, “Lenders do no set mortgage rates?”

Well, if lenders don’t set the rates, who does?

And here is how it works my friends. Your mortgage lender will determine whether they will approve you or not for a loan and on what terms your loan will be approved (based on your credit score, reputation etc…), however the actual mortgage rates and interest rates are determined based on a variety of market factors on the secondary market (and fun place where mortgages are bought and sold).

As disturbing as this may sound, the Federal government setup 2 incredibly infamous organizations (as of 2008) known as Fannie Mae and Freddie Mac (I don’t know why they didn’t name on them Bernie Mac). Fannie and Freddie were created many moons (decades) ago to help really stimulate the lending process through increased government efficiency (which is a contradiction in terms). Fannie and Freddie and a few other major Wall Street Mortgage Investment companies would then actually go around buying up the loans that your lender has made to people like you and me. These mortgages and loans were then bundled together into this exciting things called “tranches.” These tranches were then either held as part of an investment portfolio orthey were sold to Wall Street, mutual funds, and other financial investment organizations where they were then traded just like Treasury bonds and securities.

Are you following me here?

  • Government set up Freddie Mac and Fannie Mae to increase the efficiency of the private mortgage industry (government and efficiency just don’t mix well together)
  • Freddie and Fannie then bought these mortgages, bundled them together and sold them to Wall Street where they were bought up my mutual funds and various other investment groups. Thus when foreclosures began happening, Mutual Funds nose-dived. When scared investors began pulling their cash out of the Mutual Funds the other companies’ stock held by these Mutual Funds nose-dived as well resulting in “real” people get layed off from “real” jobs as their companies became cash strapped without their investor’s capital.

Back to the story…

Thus my reader friends, interest rates go up and down based on those exciting fluctuations of the secondary market, not based on the lender’s emotions or feelings on any given particular day. Essentially when the economy is going down (and is tanking like a “Sherman”) rates will drop to get people like you and me motivated to refinance our homes, and to buy things with this “cheap money.” When the economy is bullish (and is moving upward like Lebron James jumping up for a monster dunk) the investors and various other humans who stand to benefit from this bullish economy will raise their rates to maximize their investor’s profitability during an economic upswing.

Basically patterns for interest rates almost always follow the economic cycles that we have all grown accustomed to. When the market doing well, rates go up. When the market is doing poorly rates go down. Thus, the best time to get the best rate is when the market is down (which just happens to coincide with the best time to buy the most property for the least amount of money).

Written by Clay Clark

SBA Entrepreneur of the Year and Founder of DJ Connection

 ZFG Mortgage: 5807 S Garnett Rd Suite I

 

To help you connect with Tulsa’s premier mortgage lenders with greater ease we have put together the following list of related phrases that people such as yourself tend to use to search for people like us on the information super highway (better known as Al Gore’s Internet):

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Localities in Oklahoma:

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Tulsa Mortgage Lenders – Featured On Channel6New.com – 918-459-6530

February 24, 2009

At Zeshu Financial we realize that trying to find the right home loan can be difficult and that finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from it can be a confusing process. However when you choose to work with ZFG Mortgage, it will not be a confusing process.

At Zeshu Financial Group our mission is to set the standard in the Tulsa mortgage industry by exceeding our customers’ expectations, one transaction at a time. At ZFG we are committed to offering phenomenal customer service to all of our customers. If you have grown frustrated with the loan-pre-approval process by the endless unreturned voicemails, the long on-hold times, and the overall lack of a “personal touch” that you have experienced thus far in the loan securing process, rest assured ZFG Mortgage is different and ZFG Mortgage is the best. Quickly connecting you to multiple sources of potential funding to help you achieve your dreams is what we do. Take advantage of our expertise in the residential lending industry by calling us now (or shortly after now), or by applying online today. You will find that the skill, professionalism, and consideration we give to each of our clients will make getting your loan a successful endeavor.

Give us a call today at 1-877-205-7266 for a free, personalized consultation. You can also apply online. It is fast, secure, and easy.

Why wait? Let us go to work for you!

Home Loans F.A.Q.s (Frequently Asked Questions)

What Documents Will I Need for My Loan Application?
When preparing a loan, the lender will ask for substantial documentation. Here’s a list of what is usually required.

 

Personal Information

  • Address and telephone numbers of each borrower 
  • Previous address(es) over the last seven years
  • Social Security number(s) of inquirers
  • Age of inquirer(s) and dependent(s)
  • Name and address of landlord(s) or lender(s) for the past two years and proof of payment
  • Current housing expense details (rent, mortgage payments, taxes, insurance)

Employment/Income

  • Name and address of employer(s) for the past two years
  • Pay stubs for the past 30 days · W-2 forms for the past two years
  • A written explanation of any employment gaps
  • If you’re self-employed you’ll need:
  • Complete, signed Federal Income Tax Returns for the past two years (personal and corporate) ·
  • Year-to-date Profit and Loss Statement and Balance Sheet

Other Income

  • If you receive Social Security, a pension, disability or VA benefits you’ll need:
  • A copy of your awards letter (or tax returns for the past two years)
  • A copy of your most recent check

Child Support

  • If you pay child support you’ll need:
  • A copy of the divorce or separation agreement
  • Evidence of payment for the last 6-12 months (cancelled checks of pay history from the courts)

Rental Income
If you receive rental income you’ll need:

  • A copy of the lease

Debt Disclosure – Credit Cards, Loans and/or Current Mortgages

  • Name and address of each creditor
  • Account number, monthly payment and outstanding balance for each
  • Proof of recent payment or current statement for each
  • Documentation of alimony or child support you are required to pay
  • Written explanation of any past credit problems

Loan Application for Home Purchase

  • A complete, signed copy of sales contract · Mailing address and property description (if it’s not in the contract)
  • A copy of your cancelled earnest money check Loan Application for Refinance
  • A copy of the deed
  • A copy of your hazard insurance policy
  • A copy of the property survey
  • Proof that your home has passed a termite inspection

Evidence of Funds for Downpayment

  • If the downpayment is a gift you’ll need a signed gift letter, the giver’s bank statement showing sufficient funds, a copy of the check and a deposit slip
  • If you have any recent large deposits or new accounts you’ll need to show documentation

Other

  • If your loan is for new construction the lender will need to see plans and specifications
  • If there’s a bankruptcy in your financial history you’ll need complete documentation

What should I know before buying a home?

Plan ahead. Establish good credit and save as much as you can for the down payment and closing costs and get pre-approved before you start shopping for your new home. If you do not get pre-approved you will find that most real estate agents will not be willing to help you find your new home. Not only do real estate agents prefer working with pre-qualified buyers, but you will find yourself having more negotiating power and an edge over homebuyers who are not pre-approved.
Set a budget and stick to it. Realtors get paid a % of your total sales price, and some of them will pressure to spend the full extent of your budget and if you do not know what this budget is, you will definately spend more than you should. Know what you really want in a home. How long will you live there? Is your family growing? What are the schools like? How long is your commute? Do you want to live Home Owners Association? Consider every angle before diving in.
Make a reasonable offer. To determine a fair value on the prospective home that you are looking into buying, ask your real estate agent for a “comparative market analysis” listing of all of the sales prices of other houses in the neighborhood.
Choose your loan (and your lender) carefully. For some tips, see the question in this section about comparing loans.
Consult with your lender before paying off debts. You may qualify even with your existing debt, especially if it frees up more cash for a down payment. Keep your day job. If there is a career move in your future, make the move after your loan is approved. Lenders tend to favor a stable employment history. Do not shift money around. A lender needs to verify all sources of funds. By leaving everything where it is, the process is a lot easier on everyone involved. Do not add to your debt. If you increase your debt by financing a new car, a refrigerator, a sports performance boat, a large sod purchase furniture or other large purchase, it could prevent you from qualifying.Timing is everything. If you already own a home, you may need to sell your current home to qualify for a new one. If you are renting, simply time the move until the end of the lease. Bottom line, you want to have as much “cash on hand” as possible before you apply for your new home loan.

How Much House Can I Afford?

How much house you can afford depends on how much cash you can put down and how much a creditor will lend you. There are two rules of thumb:

  • You can afford a home that’s up to 2 1/2 times your annual gross income.
  • Your monthly payments (principal and interest) should be 1/4 of your gross pay, or 1/3 of your take-home pay.

Why Should I Refinance?

If you have a low, 30-year fixed interest rate you’re in good shape. But if any of these Five Reasons applies to your situation, you may want to look into refinancing.
1. Decrease monthly payments.
If you can get a fixed rate that’s lower than the one you currently have, you can lower your monthly payments.

2. Get cash out of your equity.
If you have enough equity you can get cash out by refinancing. Just decide how much you want to take out and increase the new loan by that amount. It’s one way to release money for major expenditures like home improvements and college tuition.

3. Switch from an adjustable to a fixed rate.
If interest rates are increasing and you want the security of a fixed rate, or, if interest rates have fallen below your current rate you can refinance your adjustable loan to get the fixed rate you’re looking for.

4. Consolidate debt.
You can refinance your mortgage to pay off debt, too. Simply increase the new loan amount by the amount you need and the lender will give you that cash to pay off creditors. You’ll still owe the lender but at a much lower interest rate – and that interest is tax-deductible.

5. Pay off your mortgage sooner.
If you switch to a shorter term or a bi-weekly payment plan, you can pay off your home earlier and save in interest. And if your current interest rate is higher than the new rate, the difference in monthly payments may not be as big as you’d expect.

The downpayment and closing costs – how much cash will you need?

Generally speaking, the more money you put down, the lower your mortgage. You can put as little as 3% down, depending on the loan, but you’ll have a higher interest rate. Furthermore, anything less than 20% down will require you to pay Private Mortgage Insurance (PMI) which protects the lender if you can’t make the payments. Also, expect to pay 3% to 6% of the loan amount in closing costs. These are fees required to close the loan including points, insurance, inspections and title fees. To save on closing costs you may ask the seller to pay some of them, in which case the lender simply adds that amount to the price of the house and you finance them with the mortgage. A lender may also ask you to have two months’ mortgage payments in savings when applying for a loan. The mortgage – how much can you borrow? A lender will look at your income and your existing debt when evaluating your loan application. They use two ratios as guidelines:

  • Housing expense ratio. Your monthly PITI payment (Principal, Interest, Taxes and Insurance) should not exceed 28% of your monthly gross income.

  • Debt-to-income ratio. Your long-term debt (any debt that will take over 10 months to pay off – mortgages, car loans, student loans, alimony, child support, credit cards) shouldn’t exceed 36% of your monthly gross income.

Lenders aren’t inflexible, however. These are just guidelines. If you can make a large downpayment or if you’ve been paying rent that’s close to the same amount as your proposed mortgage, the lender may bend a little. Use our calculator to see how you fit into these guidelines and to find out how much home you can afford.

Why Should I Refinance?
If you have a low, 30-year fixed interest rate you’re in good shape. But if any of these Five Reasons applies to your situation, you may want to look into refinancing.

1. Decrease monthly payments.
If you can get a fixed rate that’s lower than the one you currently have, you can lower your monthly payments.

2. Get cash out of your equity.
If you have enough equity you can get cash out by refinancing. Just decide how much you want to take out and increase the new loan by that amount. It’s one way to release money for major expenditures like home improvements and college tuition.

3. Switch from an adjustable to a fixed rate.
If interest rates are increasing and you want the security of a fixed rate, or, if interest rates have fallen below your current rate you can refinance your adjustable loan to get the fixed rate you’re looking for.

4. Consolidate debt.
You can refinance your mortgage to pay off debt, too. Simply increase the new loan amount by the amount you need and the lender will give you that cash to pay off creditors. You’ll still owe the lender but at a much lower interest rate – and that interest is tax-deductible.

5. Pay off your mortgage sooner.
If you switch to a shorter term or a bi-weekly payment plan, you can pay off your home earlier and save in interest. And if your current interest rate is higher than the new rate, the difference in monthly payments may not be as big as you’d expect.

Is refinancing worth it?

Refinancing costs money. Like buying a new home, there are points and fees to consider. Usually it takes at least three years to recoup the costs of refinancing your loan, so if you don’t plan to stay that long it isn’t worth the money. But if your interest rate is high it may be smart to refinance to a lower interest rate, even if it is for the short term. If your mortgage has a prepayment penalty, this is another cost you will incur if you refinance.

Use the reasons above as a guideline and determine whether or not refinancing is the right thing to do. You can also use our refinance analysis calculator to help you decide.

What Are the Costs of Refinancing?

Here’s what you can expect to pay when you refinance:

The 3-6 Percent Rule
Plan to pay between 3% and 6% of the amount of the new loan amount (if want cash-out, the loan amount will be larger). Yet some lenders offer no-cost refinancing in exchange for a higher rate.

Getting to the Points

Points play a big part in how much it’ll cost to refinance – the more points you pay, the lower your interest rate. Points are a good idea if you’re planning to stay in your home for a while, but if you’ll be moving soon you should try to avoid paying points altogether.

What is an Adjustable Rate Mortgage?

With Adjustable-Rate Mortgages (ARMs) interest rates are tied directly to the economy so your monthly payment could rise or fall. Because you’re essentially sharing the market risks with the lender, you are compensated with an introductory rate that is lower than the going fixed rate.

Convertible ARMs:

Some adjustable-rate mortgages allow you to convert to a fixed rate at certain specified times. This mitigates some of the risk of fluctuating interest rates, but there will be a substantial fee to do it. And your new fixed rate may be higher than the going fixed rate.

Two-Step Mortgages:

This is an ARM that only adjusts once at five or seven years, then remains fixed for the duration of the loan. Not only will you benefit from a lower rate for the first few years, but the new fixed rate cannot increase by more than 6%. It may even be lower, depending on market conditions. Then again, you also run the risk of adjusting to a much higher rate.

Convertible Loans:

Another ARM choice, the convertible loan offers a fixed rate for the first three, five or seven years, then switches to a traditional ARM that fluctuates with the market. If you strongly believe that interest rates will fall a convertible loan might be a smart move.

Balloon Mortgages:

These short-term loans begin with low, fixed payments. Then, in five, seven or ten years a single large payment (balloon) for all remaining principal is due. While this saves money up front, coming up with a large payment at the end of the loan may be difficult. Some lenders will allow you to refinance that payment, but some won’t, so be sure you know what you’re getting into.

Graduated Payment Mortgage (GPM)

With a GPM you pay smaller payments that gradually increase and level off after about five years. Lower payments can make it possible for you to afford a bigger home, but they’ll be interest-only payments, adding nothing to the principal. This could put you in a negative amortization situation.

How often does the interest rate change?

That depends on the loan. Changes can occur every six months, annually, once every three years or whenever the mortgage dictates.

How much can my rate change?

Your ARM will stipulate a percentage cap for each adjustment period, which means your interest may not increase beyond that percentage point. If the market holds steady, there may be no increase at all. You may even see your payment decrease if interest rates fall.

How Can I save on a Fixed Rate Mortgage?
Short Term Mortgages
You don’t have to finance your home for 30 years. Granted, the payments will be lower, but you’ll be paying them longer. You could, instead, opt for a period of 20, 15 or even 10 years, pay your home off sooner and save in interest.

Furthermore, lenders offer much more attractive interest rates with short-term loans, so your payments may not be as much as you’d think.

The table below shows you the interest savings on a $100,000 loan at 8.5% interest:

Term
Monthly Payment
Total Interest Accrued
30 yr
$768.91
$176,808.95
20 yr
$867.83
$108,277.58
15 yr
$984.74
$77,253.12

By paying $215.83 more a month on a 15-year mortgage, you’d save $99,555.83 in interest over a 30-year loan – and own the house in half the time.

What is Private Mortgage Insurance?
Private Mortgage Insurance, or PMI, is insurance purchased by the buyer to protect the lender in case the buyer defaults on the loan. PMI is generally applied when you put down less than 20% of the home’s purchase price. The reason is this:

 

With 20% down, you are considered a low risk. Even if you default the lender will probably come out ahead because they’ve only loaned 80% of the home’s value and they can probably recoup at least that amount when they sell the foreclosed property.

But with 5% or 10% down, the lender has a lot more invested in the loan and if you default, they will almost surely lose money. This is why lenders require buyers to purchase PMI if they put down less than 20%. It’s insurance that, no matter what happens, the lender will recoup its investment.

How does PMI increase your buying power?
In simplest terms, PMI allows you to put less money down, and the benefits are as follows:

  • If you have good credit but are short on cash for a downpayment you can put as little as 5% down.

  • It doesn’t take as long to accumulate a 5% or 10% downpayment so you could buy a home much sooner than you anticipated.

  • A smaller downpayment allows you to purchase a larger or nicer home.

  • For repeat buyers, a smaller downpayment on the new home can free up cash from the sale of their previous home to use for other debts or expenses.

  • Your interest will be higher if you put down less than 20%, but that interest is tax-deductible.

What does PMI cost?
A Good Faith Estimate will be provided to you within a few days after we received your loan application. This disclosure will provide you with an estimate of your monthly PMI premium as well as the initial premium you’ll need to pay at closing. Additionally, we will be providing you a disclosure on your rights (if applicable) to cancel the PMI.

How are the changes determined?

Every ARM loan is tied to a financial market index, such as CDs, T-Bills or LIBOR rates. Your rate is determined by adding an additional percentage (known as a margin) to that index’s rate. When the index rises or falls, your rate rises or falls with it.

What will my closing costs be?
At closing, you’ll be required to pay a number of fees such as transfer of title, origination and appraisal, attorney services, credit report, title insurance and inspections. Your lender is required to provide an estimate of these costs within a few days after your application is received, but you can always ask for an estimate sooner.

Is there a limit to how much interest I’ll be charged?

Yes. It’s called a ceiling, or lifetime cap. This is a guarantee that your interest rate will never exceed a designated percentage. For instance, if your introductory rate was 5% and you have a lifetime rate cap of 6% (meaning that your interest rate can never increase more than 6% during the life of the loan) then your ceiling would be 11%.

Negative Amortization:

Administered by the Department of Veterans Affairs, these special loans make housing affordable for U.S. veterans. To qualify you must be a veteran, reservist, on active duty, or a surviving spouse of a veteran with 100% entitlement.

A VA loan is simply a fixed-rate mortgage with a very competitive interest rate. Qualified buyers can also use a VA loan to purchase a home with no money down, no cash reserves, no application fee and reduced closing costs. Some states allow a VA loan for refinancing as well.

Many lenders are approved to handle VA loans. Your VA regional office can tell you if you’re qualified.

What is a FHA Loan?
FHA loans are designed to make housing more affordable for first-time homebuyers and those with low to moderate income.

Both fixed- and adjustable-rate FHA loans are available, and in most states, an FHA loan can be used for refinancing. The difference is, they’re insured by the U.S. Department of Housing and Urban Development (HUD). With FHA Insurance, eligible buyers can put down as little as 3% of the FHA appraisal value or the purchase price, whichever is lower. Qualifying standards are not as strict and the rates are slightly better than with conventional loans.

What will my closing costs be?
At closing, you’ll be required to pay a number of fees such as transfer of title, origination and appraisal, attorney services, credit report, title insurance and inspections. Your lender is required to provide an estimate of these costs within a few days after your application is received, but you can always ask for an estimate sooner.

Will I be charged points?
Sometimes you’ll have to pay points (one point = 1% of the loan amount) in order to get the interest rate the lender has quoted you. Before proceeding with your loan application find out if there are any points attached to your loan.

What items must be prepaid?
Some expenses, such as first year’s property taxes and insurance, must be paid at closing. Your lender will let you know what’s required.

How long will I be guaranteed the quoted interest rate?
This is called “locking in” a rate and most lenders provide this service. When you apply for your loan, the lender will lock in the agreed interest rate for an agreed period of time. But there may be a fee for this, so ask.

How long will it take to get approval?
It varies, so make sure you get an estimate of how long approval will take, especially if you have a deadline for closing on a new home.

Does the loan have a pre-payment penalty?
If you even think there’s a possibility you may pay off your loan early (this includes refinancing) find out if there’s a penalty for doing so.

Is there a call option attached?
A call option allows the lender to require you to pay off your loan balance before it’s due. You don’t want this, so make sure it’s not in the contract.

What are the benefits of an ARM?

  • With a lower initial interest rate (usually 2% to 3% lower than fixed-rate mortgages), qualifying is easier and the payments are more manageable at first.

  • You may qualify for a larger loan than you would with a fixed-rate mortgage.

  • If you’re only planning to stay a short time the interest rate is likely to stay lower than that of a fixed-rate mortgage.

  • If you expect regular pay increases that would cover the increase in your interest, or if you believe interest rates will fall, an ARM might be the wiser choice.

    Listed below you will find some of the cities in Oklahoma that we currently serve. If you area is not listed below call us for more information and to see if we can meet you lending needs.

  • Tulsa Mortgages, Tulsa Mortgage Lenders, Tulsa Mortgage Companies

    Ada | Altus | Alva | Anadarko | Ardmore | Bartlesville | Bethany | Blackwell | Chickasha | Choctaw | Claremore | Clinton | Coweta | Cushing | Duncan | Durant | Edmond | El Reno | Enid | Grove | Guthrie | Guymon | Henryetta | Hugo | Idabel | Lawton | McAlester | Miami | Moore | Muskogee | Mustang | Norman | Oklahoma City | Okmulgee | Pauls Valley | Perry | Ponca City | Poteau | Purcell | Sallisaw | Sapulpa | Seminole | Shawnee | Stillwater | Tahlequah | Tecumseh | Vinita | Wagoner | Weatherford | Woodward | Yukon | More Oklahoma Cities

     

     

     

    Zeshu financial of Tulsa offers mortgage quotes, the lowest Tulsa mortgage rates, tulsa home loan and local brokers, tulsa mortgage refinancing, tulsa home equity loans, Tulsa mortgage broker, Tulsa mortgage brokers, Tulsa Oklahoma mortgages,mortgage calculators, mls listings, realtors in Oklahoma, Tulsa low adjustable rate mortgages, tulsa real estate advice, referrals of quality tulsa realtors, tulsa home remodeling loans, tulsa business lending packages to accelerate your business growth, tulsa loan specialists, tulsa short-term loan specials, mortgage interest rate 30 year fixed refinancing options, homes for sale in Tulsa Oklahoma, home mortgage lenders, tulsa lending experts, tulsa mortgage refinancing systems, tulsa FHA loands and lending options, tulsa commercial loans, oklahoma home mortgage lenders, 100% financing home loans Oklahoma, bridge loans, tulsa commercial loans, tulsa based commercial lending packages, Oklahoma balloon mortgages.

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    Mortgage Rates Reach Record Lows – ZFG Mortgage Tulsa – 918-459-6530

    February 14, 2009

     

    Zeshu Financial Group
    5807 S Garnett Rd Suite I
    Tulsa, Oklahoma 74146
    Toll Free 1-877-205-7266 | Fax: 918-459-6535

    8000 Tax Credit First Time Home Buyer – Now Availble

    www.zfgmortgage.com

    www.zeshufinancial.com

    918-459-6530

    Call today to learn how the $8,000 Tax Credit For First Time Home Buyers can help secure your financial future.

     

    Although many prospective home buyers had hoped for a $15,000 tax credit to buy a new home (as promised by the Senate), the $8,000 tax credit for new home buyers provided in the newest stimulus bill is unprecedented and incredible. A proposed $35 billion credit to support first time buyer home sales was jettisoned in favor of a more conservative $2 – $3 billion provision.
    The proposal eliminates the repayment requirement in an existing tax credit for first-time home buyers, and raises the credit to $8,000 from $7,500. Essentially the Federal Government is giving $7,500 to $8,000 to first time home buyers to help stimulate the economy.

     

    Zeshu Financial Group
    5807 S Garnett Rd Suite I
    Tulsa, Oklahoma 74146
    Toll Free 1-877-205-7266 | Fax: 918-459-6535

    8000 Tax Credit First Time Home Buyer – Now Availble

    www.zfgmortgage.com

    www.zeshufinancial.com

    918-459-6530

    At Zeshu Financial we realize that trying to find the right home loan can be difficult and that finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from it can be a confusing process. However when you choose to work with ZFG Mortgage, it will not be a confusing process.

    At Zeshu Financial Group our mission is to set the standard in the Tulsa mortgage industry by exceeding our customers’ expectations, one transaction at a time. At ZFG we are committed to offering phenomenal customer service to all of our customers. If you have grown frustrated with the loan-pre-approval process by the endless unreturned voicemails, the long on-hold times, and the overall lack of a “personal touch” that you have experienced thus far in the loan securing process, rest assured ZFG Mortgage is different and ZFG Mortgage is the best. Quickly connecting you to multiple sources of potential funding to help you achieve your dreams is what we do. Take advantage of our expertise in the residential lending industry by calling us now (or shortly after now), or by applying online today. You will find that the skill, professionalism, and consideration we give to each of our clients will make getting your loan a successful endeavor.

    Give us a call today at 1-877-205-7266 for a free, personalized consultation. You can also apply online. It is fast, secure, and easy.

    Why wait? Let us go to work for you!

    Home Loans F.A.Q.s (Frequently Asked Questions)

    What Documents Will I Need for My Loan Application?
    When preparing a loan, the lender will ask for substantial documentation. Here’s a list of what is usually required.

     

    Personal Information

    • Address and telephone numbers of each borrower 
    • Previous address(es) over the last seven years
    • Social Security number(s) of inquirers
    • Age of inquirer(s) and dependent(s)
    • Name and address of landlord(s) or lender(s) for the past two years and proof of payment
    • Current housing expense details (rent, mortgage payments, taxes, insurance)

    Employment/Income

    • Name and address of employer(s) for the past two years
    • Pay stubs for the past 30 days · W-2 forms for the past two years
    • A written explanation of any employment gaps
    • If you’re self-employed you’ll need:
    • Complete, signed Federal Income Tax Returns for the past two years (personal and corporate) ·
    • Year-to-date Profit and Loss Statement and Balance Sheet

    Other Income

    • If you receive Social Security, a pension, disability or VA benefits you’ll need:
    • A copy of your awards letter (or tax returns for the past two years)
    • A copy of your most recent check

    Child Support

    • If you pay child support you’ll need:
    • A copy of the divorce or separation agreement
    • Evidence of payment for the last 6-12 months (cancelled checks of pay history from the courts)

    Rental Income
    If you receive rental income you’ll need:

    • A copy of the lease

    Debt Disclosure – Credit Cards, Loans and/or Current Mortgages

    • Name and address of each creditor
    • Account number, monthly payment and outstanding balance for each
    • Proof of recent payment or current statement for each
    • Documentation of alimony or child support you are required to pay
    • Written explanation of any past credit problems

    Loan Application for Home Purchase

    • A complete, signed copy of sales contract · Mailing address and property description (if it’s not in the contract)
    • A copy of your cancelled earnest money check Loan Application for Refinance
    • A copy of the deed
    • A copy of your hazard insurance policy
    • A copy of the property survey
    • Proof that your home has passed a termite inspection

    Evidence of Funds for Downpayment

    • If the downpayment is a gift you’ll need a signed gift letter, the giver’s bank statement showing sufficient funds, a copy of the check and a deposit slip
    • If you have any recent large deposits or new accounts you’ll need to show documentation

    Other

    • If your loan is for new construction the lender will need to see plans and specifications
    • If there’s a bankruptcy in your financial history you’ll need complete documentation

    What should I know before buying a home?

    Plan ahead. Establish good credit and save as much as you can for the down payment and closing costs and get pre-approved before you start shopping for your new home. If you do not get pre-approved you will find that most real estate agents will not be willing to help you find your new home. Not only do real estate agents prefer working with pre-qualified buyers, but you will find yourself having more negotiating power and an edge over homebuyers who are not pre-approved.
    Set a budget and stick to it. Realtors get paid a % of your total sales price, and some of them will pressure to spend the full extent of your budget and if you do not know what this budget is, you will definately spend more than you should. Know what you really want in a home. How long will you live there? Is your family growing? What are the schools like? How long is your commute? Do you want to live Home Owners Association? Consider every angle before diving in.
    Make a reasonable offer. To determine a fair value on the prospective home that you are looking into buying, ask your real estate agent for a “comparative market analysis” listing of all of the sales prices of other houses in the neighborhood.
    Choose your loan (and your lender) carefully. For some tips, see the question in this section about comparing loans.
    Consult with your lender before paying off debts. You may qualify even with your existing debt, especially if it frees up more cash for a down payment. Keep your day job. If there is a career move in your future, make the move after your loan is approved. Lenders tend to favor a stable employment history. Do not shift money around. A lender needs to verify all sources of funds. By leaving everything where it is, the process is a lot easier on everyone involved. Do not add to your debt. If you increase your debt by financing a new car, a refrigerator, a sports performance boat, a large sod purchase furniture or other large purchase, it could prevent you from qualifying.Timing is everything. If you already own a home, you may need to sell your current home to qualify for a new one. If you are renting, simply time the move until the end of the lease. Bottom line, you want to have as much “cash on hand” as possible before you apply for your new home loan.

    How Much House Can I Afford?

    How much house you can afford depends on how much cash you can put down and how much a creditor will lend you. There are two rules of thumb:

    • You can afford a home that’s up to 2 1/2 times your annual gross income.
    • Your monthly payments (principal and interest) should be 1/4 of your gross pay, or 1/3 of your take-home pay.

    Why Should I Refinance?

    If you have a low, 30-year fixed interest rate you’re in good shape. But if any of these Five Reasons applies to your situation, you may want to look into refinancing.
    1. Decrease monthly payments.
    If you can get a fixed rate that’s lower than the one you currently have, you can lower your monthly payments.

    2. Get cash out of your equity.
    If you have enough equity you can get cash out by refinancing. Just decide how much you want to take out and increase the new loan by that amount. It’s one way to release money for major expenditures like home improvements and college tuition.

    3. Switch from an adjustable to a fixed rate.
    If interest rates are increasing and you want the security of a fixed rate, or, if interest rates have fallen below your current rate you can refinance your adjustable loan to get the fixed rate you’re looking for.

    4. Consolidate debt.
    You can refinance your mortgage to pay off debt, too. Simply increase the new loan amount by the amount you need and the lender will give you that cash to pay off creditors. You’ll still owe the lender but at a much lower interest rate – and that interest is tax-deductible.

    5. Pay off your mortgage sooner.
    If you switch to a shorter term or a bi-weekly payment plan, you can pay off your home earlier and save in interest. And if your current interest rate is higher than the new rate, the difference in monthly payments may not be as big as you’d expect.

    The downpayment and closing costs – how much cash will you need?

    Generally speaking, the more money you put down, the lower your mortgage. You can put as little as 3% down, depending on the loan, but you’ll have a higher interest rate. Furthermore, anything less than 20% down will require you to pay Private Mortgage Insurance (PMI) which protects the lender if you can’t make the payments. Also, expect to pay 3% to 6% of the loan amount in closing costs. These are fees required to close the loan including points, insurance, inspections and title fees. To save on closing costs you may ask the seller to pay some of them, in which case the lender simply adds that amount to the price of the house and you finance them with the mortgage. A lender may also ask you to have two months’ mortgage payments in savings when applying for a loan. The mortgage – how much can you borrow? A lender will look at your income and your existing debt when evaluating your loan application. They use two ratios as guidelines:

    • Housing expense ratio. Your monthly PITI payment (Principal, Interest, Taxes and Insurance) should not exceed 28% of your monthly gross income.

    • Debt-to-income ratio. Your long-term debt (any debt that will take over 10 months to pay off – mortgages, car loans, student loans, alimony, child support, credit cards) shouldn’t exceed 36% of your monthly gross income.

    Lenders aren’t inflexible, however. These are just guidelines. If you can make a large downpayment or if you’ve been paying rent that’s close to the same amount as your proposed mortgage, the lender may bend a little. Use our calculator to see how you fit into these guidelines and to find out how much home you can afford.

    Why Should I Refinance?
    If you have a low, 30-year fixed interest rate you’re in good shape. But if any of these Five Reasons applies to your situation, you may want to look into refinancing.

    1. Decrease monthly payments.
    If you can get a fixed rate that’s lower than the one you currently have, you can lower your monthly payments.

    2. Get cash out of your equity.
    If you have enough equity you can get cash out by refinancing. Just decide how much you want to take out and increase the new loan by that amount. It’s one way to release money for major expenditures like home improvements and college tuition.

    3. Switch from an adjustable to a fixed rate.
    If interest rates are increasing and you want the security of a fixed rate, or, if interest rates have fallen below your current rate you can refinance your adjustable loan to get the fixed rate you’re looking for.

    4. Consolidate debt.
    You can refinance your mortgage to pay off debt, too. Simply increase the new loan amount by the amount you need and the lender will give you that cash to pay off creditors. You’ll still owe the lender but at a much lower interest rate – and that interest is tax-deductible.

    5. Pay off your mortgage sooner.
    If you switch to a shorter term or a bi-weekly payment plan, you can pay off your home earlier and save in interest. And if your current interest rate is higher than the new rate, the difference in monthly payments may not be as big as you’d expect.

    Is refinancing worth it?

    Refinancing costs money. Like buying a new home, there are points and fees to consider. Usually it takes at least three years to recoup the costs of refinancing your loan, so if you don’t plan to stay that long it isn’t worth the money. But if your interest rate is high it may be smart to refinance to a lower interest rate, even if it is for the short term. If your mortgage has a prepayment penalty, this is another cost you will incur if you refinance.

    Use the reasons above as a guideline and determine whether or not refinancing is the right thing to do. You can also use our refinance analysis calculator to help you decide.

    What Are the Costs of Refinancing?

    Here’s what you can expect to pay when you refinance:

    The 3-6 Percent Rule
    Plan to pay between 3% and 6% of the amount of the new loan amount (if want cash-out, the loan amount will be larger). Yet some lenders offer no-cost refinancing in exchange for a higher rate.

    Getting to the Points

    Points play a big part in how much it’ll cost to refinance – the more points you pay, the lower your interest rate. Points are a good idea if you’re planning to stay in your home for a while, but if you’ll be moving soon you should try to avoid paying points altogether.

    What is an Adjustable Rate Mortgage?

    With Adjustable-Rate Mortgages (ARMs) interest rates are tied directly to the economy so your monthly payment could rise or fall. Because you’re essentially sharing the market risks with the lender, you are compensated with an introductory rate that is lower than the going fixed rate.

    Convertible ARMs:

    Some adjustable-rate mortgages allow you to convert to a fixed rate at certain specified times. This mitigates some of the risk of fluctuating interest rates, but there will be a substantial fee to do it. And your new fixed rate may be higher than the going fixed rate.

    Two-Step Mortgages:

    This is an ARM that only adjusts once at five or seven years, then remains fixed for the duration of the loan. Not only will you benefit from a lower rate for the first few years, but the new fixed rate cannot increase by more than 6%. It may even be lower, depending on market conditions. Then again, you also run the risk of adjusting to a much higher rate.

    Convertible Loans:

    Another ARM choice, the convertible loan offers a fixed rate for the first three, five or seven years, then switches to a traditional ARM that fluctuates with the market. If you strongly believe that interest rates will fall a convertible loan might be a smart move.

    Balloon Mortgages:

    These short-term loans begin with low, fixed payments. Then, in five, seven or ten years a single large payment (balloon) for all remaining principal is due. While this saves money up front, coming up with a large payment at the end of the loan may be difficult. Some lenders will allow you to refinance that payment, but some won’t, so be sure you know what you’re getting into.

    Graduated Payment Mortgage (GPM)

    With a GPM you pay smaller payments that gradually increase and level off after about five years. Lower payments can make it possible for you to afford a bigger home, but they’ll be interest-only payments, adding nothing to the principal. This could put you in a negative amortization situation.

    How often does the interest rate change?

    That depends on the loan. Changes can occur every six months, annually, once every three years or whenever the mortgage dictates.

    How much can my rate change?

    Your ARM will stipulate a percentage cap for each adjustment period, which means your interest may not increase beyond that percentage point. If the market holds steady, there may be no increase at all. You may even see your payment decrease if interest rates fall.

    How Can I save on a Fixed Rate Mortgage?
    Short Term Mortgages
    You don’t have to finance your home for 30 years. Granted, the payments will be lower, but you’ll be paying them longer. You could, instead, opt for a period of 20, 15 or even 10 years, pay your home off sooner and save in interest.

    Furthermore, lenders offer much more attractive interest rates with short-term loans, so your payments may not be as much as you’d think.

    The table below shows you the interest savings on a $100,000 loan at 8.5% interest:

    Term
    Monthly Payment
    Total Interest Accrued
    30 yr
    $768.91
    $176,808.95
    20 yr
    $867.83
    $108,277.58
    15 yr
    $984.74
    $77,253.12

    By paying $215.83 more a month on a 15-year mortgage, you’d save $99,555.83 in interest over a 30-year loan – and own the house in half the time.

    What is Private Mortgage Insurance?
    Private Mortgage Insurance    , or PMI, is insurance purchased by the buyer to protect the lender in case the buyer defaults on the loan. PMI is generally applied when you put down less than 20% of the home’s purchase price. The reason is this:

     

    With 20% down, you are considered a low risk. Even if you default the lender will probably come out ahead because they’ve only loaned 80% of the home’s value and they can probably recoup at least that amount when they sell the foreclosed property.

    But with 5% or 10% down, the lender has a lot more invested in the loan and if you default, they will almost surely lose money. This is why lenders require buyers to purchase PMI if they put down less than 20%. It’s insurance that, no matter what happens, the lender will recoup its investment.

    How does PMI increase your buying power?
    In simplest terms, PMI allows you to put less money down, and the benefits are as follows:

    • If you have good credit but are short on cash for a downpayment you can put as little as 5% down.

    • It doesn’t take as long to accumulate a 5% or 10% downpayment so you could buy a home much sooner than you anticipated.

    • A smaller downpayment allows you to purchase a larger or nicer home.

    • For repeat buyers, a smaller downpayment on the new home can free up cash from the sale of their previous home to use for other debts or expenses.

    • Your interest will be higher if you put down less than 20%, but that interest is tax-deductible.

    What does PMI cost?
    A Good Faith Estimate will be provided to you within a few days after we received your loan application. This disclosure will provide you with an estimate of your monthly PMI premium as well as the initial premium you’ll need to pay at closing. Additionally, we will be providing you a disclosure on your rights (if applicable) to cancel the PMI.

    How are the changes determined?

    Every ARM loan is tied to a financial market index, such as CDs, T-Bills or LIBOR rates. Your rate is determined by adding an additional percentage (known as a margin) to that index’s rate. When the index rises or falls, your rate rises or falls with it.

    What will my closing costs be?
    At closing, you’ll be required to pay a number of fees such as transfer of title, origination and appraisal, attorney services, credit report, title insurance and inspections. Your lender is required to provide an estimate of these costs within a few days after your application is received, but you can always ask for an estimate sooner.

    Is there a limit to how much interest I’ll be charged?

    Yes. It’s called a ceiling, or lifetime cap. This is a guarantee that your interest rate will never exceed a designated percentage. For instance, if your introductory rate was 5% and you have a lifetime rate cap of 6% (meaning that your interest rate can never increase more than 6% during the life of the loan) then your ceiling would be 11%.

    Negative Amortization:

    Administered by the Department of Veterans Affairs, these special loans make housing affordable for U.S. veterans. To qualify you must be a veteran, reservist, on active duty, or a surviving spouse of a veteran with 100% entitlement.

    A VA loan is simply a fixed-rate mortgage with a very competitive interest rate. Qualified buyers can also use a VA loan to purchase a home with no money down, no cash reserves, no application fee and reduced closing costs. Some states allow a VA loan for refinancing as well.

    Many lenders are approved to handle VA loans. Your VA regional office can tell you if you’re qualified.

    What is a FHA Loan?
    FHA loans are designed to make housing more affordable for first-time homebuyers and those with low to moderate income.

    Both fixed- and adjustable-rate FHA loans are available, and in most states, an FHA loan can be used for refinancing. The difference is, they’re insured by the U.S. Department of Housing and Urban Development (HUD). With FHA Insurance, eligible buyers can put down as little as 3% of the FHA appraisal value or the purchase price, whichever is lower. Qualifying standards are not as strict and the rates are slightly better than with conventional loans.

    What will my closing costs be?
    At closing, you’ll be required to pay a number of fees such as transfer of title, origination and appraisal, attorney services, credit report, title insurance and inspections. Your lender is required to provide an estimate of these costs within a few days after your application is received, but you can always ask for an estimate sooner.

    Will I be charged points?
    Sometimes you’ll have to pay points (one point = 1% of the loan amount) in order to get the interest rate the lender has quoted you. Before proceeding with your loan application find out if there are any points attached to your loan.

    What items must be prepaid?
    Some expenses, such as first year’s property taxes and insurance, must be paid at closing. Your lender will let you know what’s required.

    How long will I be guaranteed the quoted interest rate?
    This is called “locking in” a rate and most lenders provide this service. When you apply for your loan, the lender will lock in the agreed interest rate for an agreed period of time. But there may be a fee for this, so ask.

    How long will it take to get approval?
    It varies, so make sure you get an estimate of how long approval will take, especially if you have a deadline for closing on a new home.

    Does the loan have a pre-payment penalty?
    If you even think there’s a possibility you may pay off your loan early (this includes refinancing) find out if there’s a penalty for doing so.

    Is there a call option attached?
    A call option allows the lender to require you to pay off your loan balance before it’s due. You don’t want this, so make sure it’s not in the contract.

    What are the benefits of an ARM?

  • With a lower initial interest rate (usually 2% to 3% lower than fixed-rate mortgages), qualifying is easier and the payments are more manageable at first.

  • You may qualify for a larger loan than you would with a fixed-rate mortgage.

  • If you’re only planning to stay a short time the interest rate is likely to stay lower than that of a fixed-rate mortgage.

  • If you expect regular pay increases that would cover the increase in your interest, or if you believe interest rates will fall, an ARM might be the wiser choice.

    Listed below you will find some of the cities in Oklahoma that we currently serve. If you area is not listed below call us for more information and to see if we can meet you lending needs.

  • Tulsa Mortgages, Tulsa Mortgage Lenders, Tulsa Mortgage Companies

    Ada | Altus | Alva | Anadarko | Ardmore | Bartlesville | Bethany | Blackwell | Chickasha | Choctaw | Claremore | Clinton | Coweta | Cushing | Duncan | Durant | Edmond | El Reno | Enid | Grove | Guthrie | Guymon | Henryetta | Hugo | Idabel | Lawton | McAlester | Miami | Moore | Muskogee | Mustang | Norman | Oklahoma City | Okmulgee | Pauls Valley | Perry | Ponca City | Poteau | Purcell | Sallisaw | Sapulpa | Seminole | Shawnee | Stillwater | Tahlequah | Tecumseh | Vinita | Wagoner | Weatherford | Woodward | Yukon | More Oklahoma Cities

     

     

    Zeshu financial of Tulsa offers mortgage quotes, the lowest Tulsa mortgage rates, tulsa home loan and local brokers, tulsa mortgage refinancing, tulsa home equity loans, Tulsa mortgage broker, Tulsa mortgage brokers, Tulsa Oklahoma mortgages,mortgage calculators, mls listings, realtors in Oklahoma, Tulsa low adjustable rate mortgages, tulsa real estate advice, referrals of quality tulsa realtors, tulsa home remodeling loans, tulsa business lending packages to accelerate your business growth, tulsa loan specialists, tulsa short-term loan specials, mortgage interest rate 30 year fixed refinancing options, homes for sale in Tulsa Oklahoma, home mortgage lenders, tulsa lending experts, tulsa mortgage refinancing systems, tulsa FHA loands and lending options, tulsa commercial loans, oklahoma home mortgage lenders, 100% financing home loans Oklahoma, bridge loans, tulsa commercial loans, tulsa based commercial lending packages, Oklahoma balloon mortgages.

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      http://www.zfgmortgage.com/questions.php
      http://mortgage-refinance.freeonlinewebinformation.com/85883/tulsa-mortgage-refinance-refinance-mortgage-tulsa-zfg-mortgage/
      http://www.youtube.com/watch?v=tgxrt_XZQKk
      http://www.homemortgagerefinanceloantips.com/selling-your-home/tulsa-mortgage-refinance-refinance-mortgage-tulsa-zfg-mortgage-tulsa-video-7
      http://www.youtube.com/watch?v=IuWEcjPmfww
      http://video.aol.com/video-detail/tulsa-mortgage-lenders-zfg-mortgage/3341387901/?icid=VIDLRVHOV07
      http://tulsamortgagelender.wordpress.com/2008/12/17/tulsa-real-estate-investors-turn-to-zfg-tulsa-mortgage-lenders/
      http://wordpress.com/tag/zfg-mortgage-tulsa/
      https://tulsamortgages.wordpress.com/2008/12/23/tulsa-mortgage-rates-drop-yet-again-zfg-mortgage-announces-refinance-boom/
      http://video.worldcupblog.org/videos/D5D8QRbNIVo/
      http://www.myspace.com/tulsamortgagelender
      http://video.aol.com/video-detail/mortgage-refinance-tulsa-refinance-tulsa-mortgages-tulsa-mortgage-companie-video-4/3422281631/?icid=VIDURVHOV11
      http://zeshutulsamortgages.wordpress.com/2008/12/11/tulsa-mortgages-available-and-economic-outlook-looks-optimistic/
      http://mortgage-refinance.freeonlinewebinformation.com/85935/mortgage-refinancing-refinance-wells-fargo-financial/
      http://tulsamortgagelender.wordpress.com/2008/12/17/tulsa-mortgage-lenders-discuss-reverse-mortgages/?referer=sphere_search
      http://www.flixya.com/video/1704495/Refinance_Tulsa_Mortgages,_Tulsa_Mortgage_Rates_-_
      http://tulsamortgagelender.wordpress.com/2008/12/17/tulsa-mortgaga-lender-proudly-offers-usda-rural-development-loans/?referer=sphere_search
      http://www.ganiz.com/video/search?v=2lcGN3s4wWo&s=mortgage%20refinancing&t=Tulsa+Mortgage+Refinance,+Mortgage+Refinance+Tulsa+-+ZFG+Mortgage+Tulsa+Video+19
      http://www.keyboard-guitar.com/guitar-video/video/zfg/IuWEcjPmfww/Tulsa_Mortgage_Refinance__Mortgage_Refinance_Tulsa___ZFG_Mortgage_Tulsa_Video_9
      http://www.stopforeclosurevideos.com/watch-video/IuWEcjPmfww/ZFGfinancial/tulsa-mortgage-refinance,-mortgage-refinance-tulsa-zfg-mortgage-tulsa-video-9.html
      https://tulsamortgages.wordpress.com/2008/12/30/tulsa-mortgage-lenders-announce-mortgage-rate-limbo-continues/
      http://www.zippymortgage.com/mortgage-refinancing/tulsa-mortgage-refinance-refinance-mortgage-tulsa-zfg-mortgage-tulsa-video-1
      http://www.zippymortgage.com/mortgage-refinancing/tulsa-mortgage-refinance-refinance-mortgage-tulsa-zfg-mortgage-tulsa-video-1
      http://spotback.com/raters/812623/Tulsa_Mortgage_Refinance_Refinance_Mortgage_Tulsa_-_ZFG_Mortgage_Tulsa_Video_7
      http://video.aol.com/video-detail/tulsa-mortgages-tulsa-mortgage-rates-tulsa-mortgage-companies-zfg-mortgage-movie-16/1750535494
      http://video.aol.com/video-detail/tulsa-mortgages-tulsa-mortgage-rates-tulsa-mortgage-companies-zfg-mortgage-movie-16/1750535494
      http://www.zippymortgage.com/mortgage-companies/tulsa-mortgage-companies-zfg-mortgage
      http://tulsamortgagelender.wordpress.com/2008/12/13/tulsa-mortgage-lenders-talk-about-commercial-mortgages/
      http://www.flixya.com/video/1706203/Tulsa_Mortgage_Refinance,_Mortgage_Refinance_Tulsa
      http://www.theflowergod.com/videoview.asp?id=D5D8QRbNIVo
      http://www.zippymortgage.com/mortgage-companies/tulsa-mortgage-companies-tulsa-mortgage-rates-zfg-mortgage-tulsa-27
      http://www.zeshufinancial.com/
      http://www.tulsa.tv/Zeshu-Financial-Group-LLC-propage-25489.htm
      http://www.zfgmortgage.com/fhacommonquestions.html
      http://www.spiritbankbrc.com/tulsa/partner.php?sp=1052

       

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      Posted in Uncategorized | 2 Comments »

      Tulsa Mortgage Lenders Announce “Mortgage Rate Limbo Continues.”

      December 30, 2008

      ZFG Mortgage
      5807 S Garnett Rd Suite I
      Tulsa, Oklahoma 74146
      Toll Free 1-877-205-7266 | Fax: 918-459-6535

      Tulsa Mortgage Rates Keep On Declining:

      Rates on 30-year mortgages are currently involved in an game of “Rate Limbo” as the American homeowner continues to guess “How Low Will They Go?” Huge lending and financial juggernaut Freddie Mac reported on December 5th 2008 that their rates have now dropped to 5.53 percent. That rate was down again from the 5.97 rate of just a week earlier. Essentially as the Federal Reserve continues to attempt to revive the economy they continue to show that their favorite economic revival tool is the lowering of interest rates. Is this good for America’s long term future? The verdict is still out. Is this good for YOU INDIVIDUALLY and YOUR mortgage payment? The answer is a resounding Yes!

      If you are interested in taking advantage of these historically low rates, we would highly encourage you to contact us at the ZFG Mortgage office today. We are committed to helping you find the lowest rate with the best terms possible.

      ZFG Mortgage
      5807 S Garnett Rd Suite I

      Tulsa, Oklahoma 74146

      Toll Free 1-877-205-7266 | Fax: 918-459-6535

      ZFG Mortgage is committed to providing you with the best lending products and services in the Tulsa area (if not the modern world).

      For more information on the “Interest Rate Limbo” please feel free to visit the following links below:

      To help incredible customers such as you reach incredible lending institutions such as us, we have put together the following compilation of industry related words:

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      Oklahoma

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      Posted in tulsa mortgage lenders, tulsa mortgage refinance | 11 Comments »

      Tulsa Mortgage Brokers Lenders Work Tirelessly To Accomodate Refinance Boom

      December 27, 2008

      zfgmortgage

      ZFG MORTGAGE: “Tulsa’s Most Trusted Mortgage Lenders”
      Toll Free 1-877-205-7266 | Fax: 918-459-6535 – www.zfgmortgage.com

      ZFG Mortgage – December 27th 2008 –

      As we head into new year at ZFG we are very optimistic about the economic future for America, however we do feel strongly that now is an important time for the American investor to make sure that they are positioned to take advantage of the current economic conditions. Warren Buffett operates by the beliefe system, “Be greedy when the market is fearful,  and be fearful when the market is greedy” and we agree. Wal-Mart is posting near record profits because of hte economic downturn and the average American’s decision to again focus on purchaing items at the lowest possible price. Many investors who have decided to pull their money out of the shakey stock market are also turning to gold as their preferred investment vehicle of choice. Many investors feel as though investing in gold will protect their cash from the destructive errosive effect that high inflation rate has been having on their money.

      In August of this year, the Federal Reserve funded the U.S. banking system with an additional $62 billion of cash and rejected the requests of Fannie Mae and Freddie Mac to take on more debt, however sales of gold coins and the famous American Eagle gold coins had to be suspended for a week due to the high demand for the coins. For one of the first times in recent history, the U.S. Mint has been unable to obtain enough gold to keep up with the demand for gold coins.

      Again in September, when the huge Federal bailout of American banks failed, the sales of the American Buffalo coin were suspended until Nov. 3 because of shortages. At ZFG we are Tulsa’s premier mortgage lender. And to keep you informed on the ever-changing financial markets we have compiled the following mortgage related website links:

      zfgmortgage

      ZFG MORTGAGE LENDERS
      Toll Free 1-877-205-7266 | Fax: 918-459-6535 – www.zfgmortgage.com

       

      Tags:, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
      Posted in tulsa mortgage lenders | Leave a Comment »