Thursday, May 14, 2015

Customize What? Your Houston and Dallas Texas Mortgage Can Be Customized...


As you may already know, most mortgages are done on 15 or 30 year terms with most mortgage companies offering a 10 and 20 year term as well.  We have found that a lot of times those options are not the best for our clients, and more importantly, is not what they truly want as they are unable to customize their mortgage payment to fit their financial goals and objectives. 
For example, you may want your mortgage payment at a certain amount or a particular term, by taking advantage of our Customizable Mortgage Program you can customize your mortgage term anywhere between 8 – 30 years.  
If you are purchasing a home, you will love this because you set your term (length of time) to match your desired monthly payment. 
If you are refinancing your home, you will love this because you do not have to restart or lower your term (length of time) when you refinance, you can stay on the same timeline for paying off your mortgage, lower your monthly payment ,and still pay it off on time!
Check out our "Customizable Zeus Mortgage Program" at www.askzeus.com 

Monday, May 11, 2015

How to avoid P.M.I. (Private Mortgage Insurance)



What is Private Mortgage Insurance (P.M.I.):
Private Mortgage Insurance reimburses the lender if you default on your home loan. You, the borrower, pay the premiums.
You may have heard that you need to put as much as 20% down to avoid paying PMI, this can cost you thousands upfront and throughout your loan as well as really drain your bank account. 
Well, with our Zeus Mortgage PMI Prevention Program we can offer you options with as little as 3% down without PMI! 
This saves you both money upfront by not having to put down a large payment and allows you to avoid spending money each month that does go towards your loan balance!
You can also avoid a forced escrow and pay your property taxes and Home Owners Insurance on your own schedule!
So, if your buying a home to live in or as investment real estate in Texas, check out a mortgage bank program to prevent or remove P.M.I. 
Log-on to www.askzeus.com for more details.