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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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What’s Ahead For Mortgage Rates This Week – February 10th, 2025

February 10, 2025 by Robby Oakes

Last week’s reports were plentiful, but few had a greater impact on the lending and broader markets. The most significant among them were the Nonfarm Payrolls, Consumer Credit, and Consumer Sentiment reports.

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

How Can I Get Removed from a Mortgage as a Co-Signer?

February 7, 2025 by Robby Oakes

Being a co-signer on a mortgage can be a significant financial commitment, one that you might not want to maintain indefinitely. Whether your circumstances have changed, or the primary borrower is now in a position to manage the loan independently, it’s understandable to want to remove your name from the mortgage.

Filed Under: Home Financing Tips Tagged With: Loan Assumption, Mortgage Tips, Refinancing

Ensure a Stress-Free Home Purchase with These Gift Fund Tips

February 6, 2025 by Robby Oakes

Imagine you are about to purchase your dream home, and a generous financial gift from family or friends is making it possible. It’s a moment to celebrate! But did you know that mishandling gift funds can lead to delays, added stress, or even jeopardize your loan approval?

Filed Under: Home Mortgage Tips Tagged With: Gift Funds, Home Buying Tips, Mortgage Advice

What’s the Difference Between a Second Mortgage and a Home Equity Loan?

February 5, 2025 by Robby Oakes

If you’ve been diligently paying down your mortgage, you’ve likely built up a valuable asset: home equity. This financial resource can be a game-changer, offering opportunities to fund major expenses, consolidate debt, or tackle unexpected financial challenges.

Filed Under: Home Mortgage Tips Tagged With: HELOC, Home Equity Loan, Second Mortgage

Let’s Chat! How to Get Prepared for Your House-Hunting Journey

February 4, 2025 by Robby Oakes

Imagine that you are exploring your city or a new city and you stumble upon your dream home. It is perfect! With an open kitchen for entertaining, a backyard oasis for relaxation, and all the space you’ve envisioned.

Filed Under: Mortgage Tips Tagged With: First Time Home Buyer , Home Buying Tips , Mortgage Advice

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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