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What Are Conditional Approvals?

October 6, 2022 by Robby Oakes

As you take a look at potential houses for sale, what does it mean if you see a house with a conditional approval? Does that mean you can swoop in and purchase the house with a better offer? Even though a conditional approval doesn’t mean that the sale is guaranteed to go through, it does mean that an agreement is in place.

Filed Under: Mortgage Tagged With: Conditional Approval, Mortgage, Mortgage Tips

Using Your Equity To Buy Another House: What To Consider

October 5, 2022 by Robby Oakes

Buying a home is a dream that many people want to make come true. At the same time, many people dream of buying a second home. Perhaps you are looking for a rental property. Maybe you are looking for a vacation home. Regardless, you might be wondering how you can come up with the necessary cash to finance this dream. You might even be thinking about tapping into the equity in your current home to make that happen. It could be your down payment for your second house, but what do you need to know?

Filed Under: Mortgage Tagged With: Equity, Mortgage, New Home

How Your Home Equity Can Help You Reach Your Retirement Goals

October 4, 2022 by Robby Oakes

If you plan on retiring soon, you are probably looking at a few options that can get you over the hump. You are probably excited to start a new phase of life. With a record number of people closing in on their retirement age, many are starting to assess their resources to make sure they have enough money to last them for the rest of their lives.

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

How Can You Invest in Real Estate?

September 27, 2022 by Robby Oakes

Many people believe that investing in real estate is something reserved only for the super-wealthy. In reality, this is not the case. Investing in real estate is a smart idea because property can generate a consistent cash stream while providing significant capital appreciation combined with tax breaks. There are multiple ways to invest in real estate, and no single path is better than the others

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

Non-QM Home Loans: How Do They Work?

September 21, 2022 by Robby Oakes

There are a lot of people who dream of owning a home one day, but few people have the cash to purchase a home outright. Therefore, you will probably need to take out a loan to buy a house; however, what happens if you cannot qualify for a loan with the traditional loan requirements? If you are not a W2 employee, you may need to go with a Non-QM loan. What do you need to know?

Filed Under: Mortgage Tagged With: 1099 Employment, Mortgage, Non-QM Loan

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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