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Three Proven Ways You Boost Your Credit to Get a Mortgage Approved

August 12, 2016 by Robby Oakes

Credit problems are unfortunately common, and they can make it difficult for you to obtain a mortgage. Even if you are able to obtain a mortgage with your credit issues, the rate may be rather high in comparison to what you may qualify for if you obtain a mortgage without fixing your credit problems. While some issues may take a while to fix, you may be able to see a decent increase in your credit rating when you follow a few easy steps.

Filed Under: Mortgage Tips Tagged With: Credit Score, Mortgage Approvals

Pocket the Profits: The Secrets to Selling Your Home above the Asking Price

August 11, 2016 by Robby Oakes

We all want to sell our homes at above asking price, but what is it that makes a seller succeed at this? Here’s our expert advice on how you can sell your home above the asking price.

Filed Under: Home Seller Tips Tagged With: Home Seller Tips, Negotations, Selling a Home

Can You Get a Mortgage after a Chapter 7 Bankruptcy Discharge? Yes – But You’ll Have to Wait

August 10, 2016 by Robby Oakes

If you’re currently undergoing a Chapter 7 bankruptcy and are wondering how this will impact home ownership, here are the basics on this type of bankruptcy and what it may mean for you.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Debt

Leveraging LPMI: The Pros and Cons of Lender-Paid Mortgage Insurance

August 9, 2016 by Robby Oakes

If you’ve heard the term Lender-Paid Mortgage Insurance (LPMI), this is when the mortgage lender pays off mortgage insurance on behalf of the homeowner. While this kind of insurance can be beneficial for some homeowners, here are some of the basics on LPMI so you can determine whether or not it will work for you.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Insurance

What’s Ahead For Mortgage Rates This Week – August 8, 2016

August 8, 2016 by Robby Oakes

Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released.

Filed Under: Mortgage Rates Tagged With: Jobless Claims, Mortgage Rates

Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs

August 5, 2016 by Robby Oakes

Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you’re getting yourself into before you purchase a home that needs significant restoration.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Upgrades and Renovations

3 Different Types of Loan That Will Negatively Impact Your Ability to Get a Mortgage

August 4, 2016 by Robby Oakes

A good credit rating is built on a number of financial factors including paying your bills on time and the length of your credit history, but loans can also be a source of bolstering your credit score in a positive way.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Applications

Spouse with Bad Credit? 3 Reasons You’ll Want to Consider a Co-signer for Your Mortgage

August 3, 2016 by Robby Oakes

If you’re concerned about what bad credit will mean for your mortgage and are weighing your options, here are some reasons why it might be important to use a co-signer for your application.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgages and Credit

Thinking about Refinancing? 3 Ways That You Can Boost Your Home’s Assessed Value First

August 2, 2016 by Robby Oakes

In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell at a higher price. However, with all of the renovation options, it can be hard to know what kind of fix-ups are really worth investing time and money into.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Refinancing

What’s Ahead For Mortgage Rates This Week – August 1, 2016

August 1, 2016 by Robby Oakes

Last week’s economic reports included S&P Case-Shiller Housing Market Indices, reports on new and pending home sales, Freddie Mac’s weekly mortgage rates survey. The Federal Reserve released its customary statement after the scheduled Federal Open Market Committee meeting concluded; the Committee did not raise the federal funds rate of 0.25 percent, but indicated that economic risks were fewer, which suggested that the key Fed rate may be increased in September.

Filed Under: Mortgage Rates Tagged With: Homes Sales, Mortgage Rates

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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