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Expecting Children: How to Quickly Move into a Larger Home Before a Baby Arrives

August 24, 2022 by Robby Oakes

Life moves pretty fast sometimes and many couples find themselves expecting children before they have begun to look for the next home. This shouldn’t be a problem, as moving into a larger home before the baby arrives can be a lot easier than it appears.

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

Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

August 23, 2022 by Robby Oakes

For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.

Filed Under: Mortagage Tips Tagged With: Debt To Income Ratio, Mortgage Approval, Mortgage Loan Information

What’s Ahead For Mortgage Rates This Week – August 22, 2022

August 22, 2022 by Robby Oakes

Last week’s economic reporting included readings on home builder confidence in housing market conditions, Commerce Department readings on building permits issued, and housing starts along with readings on retail sales. Weekly readings on mortgage rates and jobless claims were also published.

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

The Top Home Maintenance Mistake’s You Must Avoid

August 19, 2022 by Robby Oakes

If you own a home, you understand just how important it is to take care of it. Even though a lot of people think that if it isn’t broken you should not fix it, that doesn’t mean you should not take care of it. Take a look at a few of the top home maintenance mistakes you need to avoid, and do not let your home fall into a state of disrepair.

Filed Under: Home Maintenance Tagged With: Home Care, Home Improvement, Home Maintenance

Understanding the Principal Limit on a Reverse Mortgage and What Happens if You Reach It

August 18, 2022 by Robby Oakes

If you’re considering applying for a reverse mortgage, you’ll want to ensure you understand certain critical factors. One such factor is the principal limit. The principal limit will have a strong influence on your finances, which is why you’ll need to ensure you know – before applying for your reverse mortgage – what your principal limit is.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

Mortgage Shopping And Your Credit Score

August 17, 2022 by Robby Oakes

The vast majority of people have to take out a home loan to purchase a house. This means applying for a mortgage. Unfortunately, shopping for a mortgage can actually hurt your credit score.

Filed Under: Mortgage Tagged With: Credit Score, Mortgage, Mortgage Shopping

What To Know About a 40-Year Mortgage

August 16, 2022 by Robby Oakes

If you take a look at your mortgage options, you might find an option for a 40-year mortgage. Now, most lenders do not offer this as an option, but if you find yourself struggling to keep up with your mortgage payments, the lender may offer to restructure your loan into a 40-year term. Is this a smart move, and what do you need to know about this choice?

Filed Under: Mortgage Tagged With: 40 Year Loan, Loan Options, Mortgage

What’s Ahead For Mortgage Rates This Week – August 15, 2022

August 15, 2022 by Robby Oakes

Last week’s economic reporting included readings on inflation and consumer sentiment along with weekly readings on mortgage rates and jobless claims.

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

The Top Reasons To Downsize When You Retire

August 12, 2022 by Robby Oakes

If you have been in your house for a long time, there is a great chance that you have paid off almost the entirety of your mortgage. Furthermore, your home may have even gone up in value by tens of thousands of dollars.

Filed Under: Mortgage Tagged With: Downsizing, Mortgage, Retirement

The Top Tips To Remember When Moving

August 11, 2022 by Robby Oakes

If you have recently purchased a home, you are probably excited to move into your new house; however, the moving process can be stressful. There are a few important tips you need to keep in mind if you are moving soon. Make sure to plan ahead, as there are several ways to save time and money.

Filed Under: Mortgage Tips Tagged With: Mortgage Tips, Movers, Moving Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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