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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Comparing Temporary and Permanent Mortgage Buydowns

November 16, 2023 by Robby Oakes

t’s important to note that while a temporary buydown can lower monthly payments during the buydown period, it does not reduce the total amount of interest paid over the life of the loan. In fact, the total interest paid over the life of the loan may be higher due to the upfront fee paid to fund the buydown.

Filed Under: Mortgage Tips Tagged With: Mortgage, Mortgage Buydowns, Mortgage Options

Speed Your Mortgage Approval up by Following This Checklist

November 14, 2023 by Robby Oakes

Being unprepared and not having your finances in order will make it even more stressful. Here are a few quick ways if you’re looking to speed up your mortgage approval process, here’s a checklist to help you prepare.

Filed Under: Mortgage Application Tagged With: Credit Score, Mortgage, Mortgage Approval

Which Big Tax Breaks Are Available From Home Credits

November 13, 2023 by Robby Oakes

Property Tax Deduction: Homeowners can deduct the amount they pay in property taxes on their primary residence and any other real estate they own. The property tax deduction is an itemized deduction and can help reduce your taxable income.

Filed Under: Taxes Tagged With: Home Ownership Tips, Property Tax Deductions, Tav Credits

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

November 13, 2023 by Robby Oakes

The week following the FOMC rate decision meetings are typically very light, with the two most influential releases being the University of Michigan Consumer Sentiment and the weekly Job Claims reports. The more positive news is mortgage lending rates have been on the decline in the last two weeks.

Filed Under: Financial Reports Tagged With: Consumer Credit Reports, Financial Report, Jobless Claims

How to Go From Renting to Owning a Home

November 10, 2023 by Robby Oakes Leave a Comment

Going from renting to owning a home can be a significant financial and personal milestone, but it requires careful planning and preparation. Here are some steps to take to make the transition from renting to owning: Determine your budget: Calculate your current expenses and income to determine how much you can afford to spend on […]

Filed Under: Mortgage Tagged With: Down Payment, Mortgage, Rent To Own

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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