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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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Important Tips for Paying Off Your Mortgage Early and Saving on Interest

June 14, 2024 by Robby Oakes

Are you dreaming of the day when you can declare yourself mortgage-free? Paying off your mortgage early not only liberates you from monthly payments but can also save you a significant amount in interest. While it may seem daunting, a few strategic moves can bring this goal within reach.

Filed Under: Mortgage Tagged With: Financial Freedom, Interest Savings, Mortgage Payoff

What Is a Mortgage Loan Servicer?

June 13, 2024 by Robby Oakes

Working through the mortgage process can be complex, and one significant yet often misunderstood aspect is the role of a mortgage loan servicer. You might be familiar with lenders, the entities that provide the funds for your home purchase, the servicer is the company you’ll interact with most frequently over the life of your loan.

Filed Under: Mortgage Application Tagged With: Escrow Account, Loan Servicer, Mortgage Loan

Understanding Mortgage Recasting

June 12, 2024 by Robby Oakes

When it comes to managing your mortgage, you might have heard of refinancing as a popular option to reduce monthly payments or pay off your loan faster.

Filed Under: Mortgage Tagged With: Financial Planning, Homeownership, Mortgage Recasting

What to Expect When Working with a Mortgage Loan Processor

June 11, 2024 by Robby Oakes

Buying a home is always an exciting journey, but it can also be overwhelming, especially when it comes to working through the mortgage process. One key player who will help to ensure your loan goes smoothly through this process is the Mortgage Loan Processor.

Filed Under: Mortgage Tagged With: Home Buying, Loan Processor, Mortgage Loan

What’s Ahead For Mortgage Rates This Week – June 10th, 2024

June 10, 2024 by Robby Oakes

With the CPI and PPI reports coming up this week, the previous week was light on reports of any significance. Most notable was the Non-Farm Payrolls which can have an outsized impact on inflation data reporting, as it’s a useful barometer to compare the cost of goods to the payroll of the average consumer. Following that is the ISM Manufacturing Index which came in slightly under expectations. Lastly, the JOLTS Job Openings is a minor indicator, but useful for seeing the state of the job market.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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