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The Job Of A Mortgage Loan Originator

February 22, 2023 by Robby Oakes

Do you want to purchase a house? If you cannot pay cash for your house, you will need to apply for a mortgage. A mortgage loan originator can help you find the right mortgage to meet your needs. What are some of the job duties of a mortgage loan originator, and how can they help you with the financing process?

Filed Under: Mortgage Tagged With: Loan Officer, Mortgage, Serices

What’s Ahead For Mortgage Rates This Week – February 21, 2023

February 21, 2023 by Robby Oakes

Last week’s economic news included readings on housing markets, inflation, retail sales, and data on housing starts and building permits issued. Weekly readings on mortgage rates and jobless claims were also published.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Jobless Claims

Buying Your First Home? Here’s Why You’ll Need to Ensure You Have a Proper Home Inspection

February 17, 2023 by Robby Oakes

At the point where the buyer finds a home and decides to make an offer, the contract should be written contingent on an acceptable inspection. If serious issues are found, the buyer has the options of requesting certain items to be fixed, to be compensated for the costs of repair, for a lower purchase price or to cancel the contract.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Home Inspections

Why You Receive So Much Junk Mail After Closing On Your Home

February 16, 2023 by Robby Oakes

Congratulations! You have finally closed on your home loan, and you are excited to get moved in. Or, you may have just refinanced your home, and you are excited to enjoy it.

Filed Under: Mortgage Tagged With: Junk Mail, Mortgage, New Home

Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow

February 15, 2023 by Robby Oakes

In these days of low interest rates, it can be a great idea to get into the real estate market and invest in a home. However, if you don’t have the funds saved up to buy a home outright, it may seem like more of a burden than it’s worth. The good news is that you might qualify for a mortgage loan, which tend to come with more favorable terms than a traditional bank loan. Here are three reasons why a mortgage might just be the best money you ever borrow.

Filed Under: Mortgage Tips Tagged With: Down Payments, Home Mortgage Tips, Mortgage

What To Know About The 2-1 Buydown Program

February 14, 2023 by Robby Oakes

You are probably excited to close on your home, but you may have also seen that your interest rate might be a bit higher. If you are looking for a way to save money, particularly if you have a lot of work to do on the home, you might be looking for a way to reduce your interest rate during the first couple of years. One option is to perform a 2-1 buydown. What do you need to know about this option, and how do you know if it is right for you?

Filed Under: Mortgage Tagged With: 2-1 Buy down, Mortgage

What’s Ahead For Mortgage Rates This Week – February 13, 2023

February 13, 2023 by Robby Oakes

Last week’s economic reporting included coverage of Federal Reserve Chair Jerome Powell’s speech to the Economic Club of Washington and the University of Michigan’s data on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth

February 10, 2023 by Robby Oakes

Whether you have recently graduated from college or are getting close to retirement, it’s likely that you have given some thought as to how you can grow your net worth. You might have invested in stocks, picked up a few bonds or have a 401(k) plan set up to help fund your retirement. But have you considered buying real estate as part of your portfolio?

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Real Estate Investing

What Is an Assumable Mortgage Loan: What You Need To Know

February 9, 2023 by Robby Oakes

Everything has its benefits and drawbacks, and that includes mortgage loans. There are plenty of options available, and you need to find the best one to meet your needs. You have probably heard about conventional mortgages, FHA loans, and even VA loans. On the other hand, have you heard about assumable mortgages? What do you need to know about this option, and how do you know if it is right for you?

Filed Under: Mortgage Tagged With: Assumable Loans, Mortgage, Mortgage Rates

ITIN Loans: Are These Loans Right For You?

February 8, 2023 by Robby Oakes

As you take a look at your mortgage options, you might find that a conventional mortgage presents a few qualification challenges.

Filed Under: Mortgage Tagged With: ITIN, Mortgage, Mortgage Loans

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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