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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
to Service and Transparency

Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Creative Ways to Use Home Equity Loans for Investment

February 26, 2025 by Robby Oakes

For homeowners looking to build wealth, a home equity loan can be a powerful financial tool. With the equity in your home, you can access funds at relatively low interest rates and put that money to work in smart, strategic ways.

Filed Under: Investment Properties Tagged With: Home Equity, Real Estate Investing, Smart Investing

Understanding Mortgage Escrow Accounts and Why They Are Important

February 25, 2025 by Robby Oakes

A mortgage escrow account is a financial tool used by lenders to manage and disburse payments for property-related expenses, like property taxes and homeowners insurance. Rather than paying these expenses separately, a portion of your monthly mortgage payment is set aside in the escrow account.

Filed Under: Home Mortgage Tips Tagged With: Escrow Account, Home Buying101, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – February 24th, 2025

February 24, 2025 by Robby Oakes

The most impactful report released last week was the regular Consumer Sentiment reports, which have indicated the more recent concerns rising food costs have soured the view on the current state of the economy for the U.S. The talks between the Federal Reserve members have also slanted in a negative direction as they feel they still do not have a strong grip on inflation. With the Trump administration also shaking things up in the office with their views on Tariffs, the land lending and broader markets have seen a lot of turmoil and uncertainty about the future. There should be dampened expectations going forward across all markets.

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

How Do Mortgage Lenders Decide How Much You Can Borrow?

February 21, 2025 by Robby Oakes

When buying a home, one of the most critical factors is determining how much you can borrow through a mortgage. Lenders evaluate multiple financial aspects to assess your borrowing capacity.

Filed Under: Home Mortgages Tagged With: Credit Score, Home Buying, Mortgage Tips

To Finance Or Not To Finance

February 20, 2025 by Robby Oakes

Deciding to finance a new home can be exciting, and because of that buyers tend to want to jump right in. Not so fast! Before you start searching for your dream home, you need to get pre-approved and that means applying for a loan.

Filed Under: Home Buying Tips Tagged With: Home Buying, Home Financing, Mortgage Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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