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Mortgage Terms 101: Understanding ‘Cash-Out Refinancing’ and How to Determine if It’s Worth It

August 13, 2014 by Robby Oakes

By learning more about what a cash-out refinance is and what the pros and cons of this type of refinance loan are, you can make a decision that is best for your current and future plans.

Filed Under: Home Mortgage Tips Tagged With: Cash Out Refinancing, Mortgage Tips, Refinance

Five Tips for Managing Your Monthly Budget to Ensure Your Mortgage is Paid On-Time, Every Time

August 12, 2014 by Robby Oakes

Homeowners who are struggling to make their monthly mortgage payments can make it easier on themselves by cutting costs in other areas. Learning how to budget effectively will likely enable homeowners to pay their mortgage payments on-time, every time.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Financing, Mortgage Tips, Paying Your Mortgage

Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You

August 7, 2014 by Robby Oakes

If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.

Filed Under: Home Mortgage Tips Tagged With: 40-Year Mortgage, Mortgage Affordability, Mortgage Loan Information

Can One Missed Mortgage Payment Affect Your Credit Rating? Yes! Here’s What to Do if You Miss One

July 24, 2014 by Robby Oakes

Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score.

Filed Under: Home Mortgage Tips Tagged With: Credit Rating, Mortgage Financing, Mortgage Loan Information

Is Now the Time to Consider a 15-Year Mortgage? Five Reasons to Give the 15Y Another Look

July 22, 2014 by Robby Oakes

A 15-year fixed mortgage is, as its name suggests, a mortgage that’s paid off after 15 years. Since it amortizes fully, after that amount of time you won’t have to pay anything else. This type of mortgage has a lot of benefits, and in this article we’ll share just a few of them.

Filed Under: Home Mortgage Tips Tagged With: 15 Year Mortgage, Mortgage, Mortgage Amortization

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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