Zeus Mortgage CEO, Steven Kaufman, Named "40 Under 40" by Houston Business Journal

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Houston Business Journal Names Zeus Mortgage CEO 2013 “40 Under 40” Nominee

The fifth annual “40 Under 40” list honors Houston business executives who contribute to their companies, industries and community in an inspiring way

Houston, TX. – Oct. 29, 2013 – Zeus Mortgage, a leading mortgage lender, today announced the Houston Business Journal has selected Steven Kaufman, CEO of Zeus Mortgage, as one of its “40 Under 40” honorees in its annual listing.  The business journal’s “40 Under 40” class are comprised of various business leaders working towards a better future for the community of Houston through their business enterprises and philanthropic efforts.

Steven Kaufman has achieved top production within today’s housing market, coordinating more than $1 billion in real estate financing for companies including American Express, Hewlett Packard and Exxon Mobil.  Admired by customers and competitors throughout the Houston community, Kaufman remains an active member with various grassroots organizations, and is committed to maintaining resilient team synergy within his Houston-based organization.

                                                                                

“To share this recognition with the other nominees is a true honor in itself,” stated Steven Kaufman, president, Zeus Mortgage. “Houston is comprised of people who are passionate about their careers, philanthropies, and truly making an impact on society.  I feel so fortunate to be a member of such an admirable community and will continue to do my part in keeping the Houston spirit alive for generations to come.”

The Houston Business Journal will profile the Class of 2013 in a special section on November 1, 2013, available in print and to digital subscribers.  In addition, the “40 Under 40” nominees will be honored at a cocktail party on October 30, 2013, from 4:30 to 7 pm at the Houston Zoo.

More information about the 2013 “40 Under 40” list can be found by visiting HoustonBusinessJournal.com.  Additional information about Zeus Mortgage can be found directly at AskZeus.com.

About Zeus Mortgage

Zeus Mortgage is widely known as one of the fastest growing private companies in the United States, and is comprised of a team of world-class experts who are skilled at providing up-to-the-minute market information, offering valuable knowledge and insight to their customers.  With proactive communication and enthusiastic service, Zeus Mortgage delivers unsurpassed value to their customers, while making the mortgage process simple and smooth.  For more information about Zeus Mortgage please visit ASKZEUS.COM or call 800-ASK-ZEUS.

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Press Contact:

Steven Kaufman

Zeus Mortgage

713-275-9387

pr@askzeus.com

How Zeus Mortgage Can Use Refinancing to Get you Out of Debt

Will Mortgage Refinancing Really Get You Out Of Debt?

Summary:
When you're down and out and undeniably broke, there's nowhere else to turn to.  You can humble yourself and ask for help from friends and family.  You can take on a second, even a third, job.  Or you can take stock of the properties you own and realize that they may just save your life.  Mortgage Refinancing may be the last resort.  The question is, is it the best?  Could there be a better way?

Seeking debt relief?

Dealing with long term mortgage refinancing is no walk...

Don't complain about your financial situation before you review your mortgage situation...

Article: 

When you're down and out and undeniably broke, there's nowhere else to turn to.  You can humble yourself and ask for help from friends and family.  You can take on a second, even a third, job.  Or you can take stock of the properties you own and realize that they may just save your life.  Mortgage Refinancing may be the last resort.  The question is, is it the best?  Could there be a better way?

Seeking debt relief?

Dealing with long term mortgage refinancing is no walk in the park.  The prudent thing to do when you opt for mortgage refinancing is to compare costs of your current loan with the new mortgage over a given time.  If the results show that the new loan gives a lower cost, then get mortgage refinancing.  Most people overlook this precaution and jump eagerly into the bandwagon, only to later regret their hasty decision. Instead of getting some relief from their financial responsibilities, they find themselves sinking deeper into debt.

The Internet is your friend at this time of need.  With all the mortgage refinancing websites available online, you can take a peek at your options without having to deal with pesky salespeople that are likely to talk you into making a bad decision in pursuit of the almighty dollar.  If you are seeking debt relief through mortgage refinancing, use the online calculator available on all mortgage refinancing sites.  The results will show how much you will be paying in a given period.  You can compare results of the minimum loan period on the new loan to make refinancing profitable.  If you see that the break-even period pays, then get mortgage refinancing.  www.zeusmortgageblog.com

Understanding mortgage refinancing calculators
 
The calculator will require you to enter your loan balance amount, the interest, and the number of months to pay the loan.  The calculator will then segment the costs into three divisions:  upfront cost (new and old loan), monthly payments of principal and interest on the new and old loan, and the lost interest on both loans.  Calculation will also factor cost offsets like tax savings on interests and points and show the break-even period.  The results may show savings of thousands of dollars on the new loan.

For the average person, the online mortgage refinancing calculator is a life-saving device.  They can immediately see the monthly payments they will make for a period of time, and the money they can save.  The information they get will greatly help them in arriving at a decision.

Lock or float?

Lending institutions make money out of loans by charging interests.  Your payment will go to the interests for the first few years.  When you get a mortgage, you will be given the option to lock in or float your interest rates.  In street parlance, you have a chance to decide on a fixed rate.  This is an advantage for you when interest rates go up.  You are safely locked in your going rate.  When interest rates go down, you still stay fixed in your locked rate, which is a disadvantage.  When you need to refinance your Houston, Dallas, or Austin FHA mortgage then let us help you.

The same goes for those who prefer to float their interest rates.  When interest rates go down for several months, they can save a lot of money   but when these rates stay up and go higher, they have to shell out more than the usual amount.  Either way there are advantages and disadvantages.  When you need to refinance your Houston, Dallas, or Austin FHA mortgage then let Zeus Mortgage help you.

Do you really need mortgage refinancing assistance?  Log-on to www.askzeus.com for more information.

Your existing loan is drying up your resources and a second mortgage is tempting.  Don't fall into the temptation.  The interest rates in second mortgages are prohibitive and can even be thrice as high as the initial mortgage.  Instead of the second mortgage, get refinancing.  If you have a pressing reason to get refinancing, by all means, go ahead.  But if it is only to indulge yourself in luxury, forget it.  You must not trade your house for an expensive car.  In the long run, as interest rates are escalating, you might lose that car and everything else.

Mortgage refinancing may or may not get you out of debt.  It will all depend on you.  If you are committed to stick to your budget and spend years paying off the loan, then you are a good candidate.  Tread carefully when you are getting mortgage refinancing to pay off your debts.  You never know what you'll step on.

Steven Kaufman
Zeus Mortgage, Ltd.
www.zeusmortgage.com
713-275-9387

ZEUS MORTGAGE, LTD. | 1776 YORKTOWN SUITE 550 | HOUSTON, TX 77056 | 713-275-9387 | ASKZEUS.COM 

For complaints or reviews please click here:  www.zeusmortgage.com 

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Zeus News!

Zeus Fun Factoids

(well, as much fun as mortgage facts can be).

In December 2011, the average monthly payment on a 30 year mortgage in Houston, Texas for principal and interest was $1,046 which is down 9% year over year.

Government purchase applications increased 7% sequentially while conventional purchase applications increased 9%. Said another way, Houston FHA and VA mortgage applications rose 7% while traditional Fannie Mae applications rose 9%.

This weeks average monthly payment in Houston of a 30 year fixed rate mortgage was $1,046 which is inline with payments seen in mid-2003.

www.zeusmortgageblog.com

Mortgage application trends and analysis. 01-13-12

Zeus Mortgage, Ltd.

1776 Yorktown Suite 550

Houston, TX 77056

713-ASK-ZEUS

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Is it better to rent or buy? Houston Mortgage Loans

HOMEOWNERSHIP BEATS RENTING IN 74 PERCENT OF MAJOR U.S. CITIES

Trulia Releases Summer Rent vs. Buy Index, Revealing Housing Market Rebound in Miami and Continued Setbacks in Detroit, Fresno and Sacramento

SAN FRANCISCO, August 16, 2011 – Trulia today released its Summer 2011 Rent vs. Buy Index, which compares the cost of buying and renting a two-bedroom apartment, condominium or townhouse in America’s 50 largest cities based on population. Based on current market conditions, buying a home is cheaper than renting in 74 percent of major U.S. cities.

“Many aspiring homeowners are on the fence about renting and buying in today’s market. Should they take advantage of falling home prices and low borrowing costs, or should they continue to rent until the economy stabilizes?” said Ken Shuman, Head of Communications at Trulia. “Price alone should never be the sole factor in deciding to purchase a home. Instead, buyers should first ask themselves if they plan to live in the home for at least seven-to-10 years, could make monthly payments on the house, and have enough cash in the bank for a down payment and an additional six to eight months worth of mortgage payments. If you can answer ‘yes’ to each of these questions, then the cost of buying a home definitely outweighs renting in most cities.” Houston mortgage loans at Zeus Mortgage is a great place to start. With the lowest interest rate on home loan mortgage refinances and incredible first time home buyer mortgage loan programs.

• Lower your mortgage payment

• Prevent your existing payment from rising

• Combine your first and second into one low payment

• Payoff credit cards and other debt

• Get cash from your home

• Get cash from your investment property

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The History of Houston Real Estate Prices! - Zeus Mortgage Blog

Have you ever wondered how much prices in real estate have changed over the last 100 years? Okay, maybe not, but I thought you might find this gem helpful or at least entertaining. This is a flyer for a home for sale in 1910. This flyer is courtesy of the Houston Fire Museum and shows the cost of building a 6 bedroom house in Houston over a century ago only ran you about $495. Yes, that is four hundred and ninety five dollars. Today's median cost of a new home is around $250,000 depending on who you ask. That's some appreciation... or is it? One thing is for sure, mortgage financing is completely differently today compared to how it was 100 years ago. What you and I regard as “normal” in Houston mortgage programs is completely different since the introduction of the New Deal by President Franklin D. Roosevelt. Programs like Houston FHA mortgage, VA loans, Jumbo and self-employed Super Jumbo loans were non-existent prior to the New Deal. In fact, refinances or cash-outs mortgages or home equity loans were considered lowbrow activities. www.zeusmortgageblog.com

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Prior to the New Deal by FDR, only 4 out of 10 Americans/Houstonians/Texans owned a home. Today the most popular mortgage amortization or term is 30 years, but at the turn of the 20th century 5 and 10 year mortgages were the standard. What about down payments? Well, prior to the New Deal, families had to put down 80% and finance the remaining 20% over the next 5 to 10 years at a national average of 8%. Yes, I said it right... you had to put 80% down!!!!

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Okay, well that's my best attempt at a history lesson for today.

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Enjoy the photo!

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Steven Kaufman

President of Zeus Mortgage

www.askzeus.com

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