Robby Oakes Mortgage

Chapel Hill Mortgage Lender | Robby's Blog about Mortgages in Raleigh, Durham, Chapel Hill, and Crystal Coast area of NC

  • Home
  • Our Main Site
  • Blog
  • Resources
    • Mortgage Calculator
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
  • Contact Us

The Facts and Fictions of Reverse Mortgages

April 16, 2025 by Robby Oakes

A reverse mortgage can be a powerful financial tool for homeowners aged 62 and older, providing access to home equity without the burden of monthly mortgage payments. If you’re considering this option, here’s a step-by-step guide to help you navigate the process.

Filed Under: Mortagage Tips Tagged With: Financial Freedom, Home Equity, Reverse Mortgage

Understanding Mortgage Payments and How to Calculate Them

March 5, 2025 by Robby Oakes

Knowing how to calculate mortgage payments can help you plan for homeownership and budget effectively. Several factors determine your monthly payment, including the loan amount, interest rate, and loan term. Here’s a step-by-step guide to understanding the process.

Filed Under: Mortagage Tips Tagged With: Home Buying, Mortgage Payments, Mortgage Tips

Can You Buy Land with a VA Loan?

January 30, 2025 by Robby Oakes

The VA loan program offers exceptional benefits to veterans, active-duty service members, and eligible surviving spouses, including no down payment, competitive interest rates, and no private mortgage insurance (PMI). But what about buying land?

Filed Under: Mortagage Tips Tagged With: Land Purchase, VA Loans, Veterans Benefits

When Will Refinancing Pay Off? Calculating Your Break-Even Point

December 24, 2024 by Robby Oakes

Refinancing can help homeowners save money, but it’s essential to determine if the potential savings outweigh the upfront costs. One key tool in making this decision is calculating the refinance break-even point.

Filed Under: Mortagage Tips Tagged With: Home Finances, Mortgage Refinance, Smart Savings

Mortgage Assistance Programs and Government and Nonprofit Options

December 4, 2024 by Robby Oakes

Purchasing a home is a significant financial milestone, but for many potential buyers, the upfront costs and down payment can be a barrier. Fortunately, there are a variety of mortgage assistance programs available through government agencies and nonprofit organizations to help low- and moderate-income homebuyers achieve their dream of homeownership.

Filed Under: Mortagage Tips Tagged With: Down Payment Assistance, FHA Loans, Mortgage Assistance

  • 1
  • 2
  • 3
  • …
  • 7
  • Next Page »

Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

How can we help?

Connect with Us

CIMG Residential Mortgage

Quick Links

  • Our Main Site
  • Accessibility Statement
  • NMLS Consumer Access
  • Privacy Policy
©2025 Robby Oakes Mortgage Team
Corporate Investors Mortgage Group
NMLS# 39460.
Licensed to Do Business in the State of NC

Equal_Housing_Opportunity

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in