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Why you should purchase a home this year!

If you have been delaying purchasing your new home, Now might be the time to act. According to several different industry mortgage rate surveys, rates will be even higher by the time 2015 rolls around. This is not the only issue in delaying your potential purchase, home prices are also steadily increasing in most markets. Below you can see & illustration of what this could mean. You will also find the most recent industry rate surveys with the projected rates for the 2nd quarter of 2015.     If you would like to take advantage of the current mortgage rates, Apply o...

April 23rd, 2014 | mortgage rates 2015, mortgage rates 2014, mortgage rate, mortgage rate tulsa, mortgage rates, mortgage Oklahoma, mortgage approval process, Oklahoma mortgage rates , zero down mortgage, mortgage rates tulsa, mortgage Tulsa, first time home buyers, first time home buyer program, first time home buyer, Infographic , home loan, mortgage, buying a home, purchaing a home, Why you should purchase a home this year!

First Time Home Buyers Downpayment Sources

According to a recent NAR (National Association of Realtors) Home Buyers & Home Sellers profile survey for 2013, here are the most common sources First Time Home Buyers used for the down payment on there new home purchases. Looks like savings is still the largest component. What's odd is that 7% of borrowers actually said they received a loan from a friend or family member for the down payment. The bad part of that is that lenders do not allow loans for the down payment... Some borrowers are also taking advantage of zero down programs like the USDA home loan & govern...

March 9th, 2014 | Infographic , 1st time home buyer, 1st time home buyer program, 1st time home buyer home mortgage, 1st time home buyer loan, first time home buyer, first time home buyer program, 1st time home buyer home loan, First Time Home Buyers Downpayment Sources

Should First Time Home Buyers Get a Zero Down Loan

There are all sorts of home loan programs out there, including zero down, no down payment, or 100% financing mortgages. Buying a home without having to come up with a down payment (usually worth tens of thousands of dollars) sounds like a pretty nice deal. The question is: Is it really a safe mortgage loan? Will it put you at greater financial risk than a traditional loan plus down payment would?  As with most things in life the answer is: it depends. This type of loan program may or may not be a safe venture based on your personal financial circumstances and your motives for wanti...

February 25th, 2014 | 1st time home buyer, 1st time home buyer loan, 1st time home buyer home loan, 1st time home buyer program, 1st time home buyer home mortgage, first time home buyer, first time home buyer mortgage, first time home buyer program, home loan, mortgage, no money down, no money down mortgage, zero down mortgage, Should First Time Home Buyers Get a Zero Down Loan

Mortgage Options For First Time Home Buyers

If your thinking about purchasing your first home it can be little overwhelming trying to decipher threw all the programs available for a 1st time buyer. This blog post is aimed at walking you threw some of the things to consider as well as the mortgage options available for buyers in today’s mortgage market.   Unless you're veteran most First time home buyers basically have three mortgage programs to choose from, we will go over each program and talk about the pros and cons of each:   USDA Rural Development Mortgage “Zero Down RD Loan” T...

January 29th, 2014 | mortgage, home loan, 1st time home buyer, first time home buyer program, 1st time home buyer program, 1st time home buyer loan, 1st time home buyer home loan, 1st time home buyer home mortgage, mortgage Tulsa, mortgage Oklahoma, Home Mortgage, Mortgage Options For First Time Home Buyers

ZFG Mortgage

6670 S. Lewis Ave # 200
Tulsa, Oklahoma 74136

Phone: 918-459-6530

Fax: 918-459-6535

NMLS: 193207