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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 – October 7th, 2024

October 7, 2024 by Robby Oakes

Last week was a fairly light week, with the non-farm payroll data being the most significant release. The data showed that payrolls are growing at a faster rate than historical trends suggest, which could indicate that inflation is still above the Federal Reserve’s target. In contrast, the upcoming week has a busy schedule, with many important economic releases lined up back to back.

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

How to Get a Mortgage Without a Credit Score

October 4, 2024 by Robby Oakes

Getting a mortgage without a credit score may seem like a tough task, but it is possible. Many assume that a credit score is a must, but if you don’t have one, you can still pursue your dream of homeownership. Here’s how.

Filed Under: Credit Scoring Tagged With: FHA Loan, Mortgage Without Credit, No Credit Score

Do VA Entitlements Ever Expire?

October 3, 2024 by Robby Oakes

The VA home loan program is one of the most valuable benefits offered to those who have served in the U.S. military, providing veterans and active-duty personnel with access to favorable mortgage terms. One common question is whether these VA entitlements ever expire.

Filed Under: Mortgage Tagged With: Mortgage Entitlement , VA Home Loans, Veterans Benefits

Steps to Take Now to Build Your Credit for a Home Purchase Next Year

October 2, 2024 by Robby Oakes

If you’re thinking about buying a new home next year, there’s one important factor to consider before you start browsing listings–your credit score. A strong credit score can make a huge difference in the interest rates you will qualify for and can also determine your mortgage approval.

Filed Under: Credit Scoring Tagged With: Credit Score, Credit Tips, Mortgage Ready

How Much Equity Can You Borrow Today?

October 1, 2024 by Robby Oakes

Your home equity represents one of your most valuable assets. When it comes to borrowing against that equity, many homeowners question how much can they borrow. Understanding the amount of equity you can tap into today is essential, especially if you’re considering a home equity loan or line of credit (HELOC) for major expenses like home improvements, debt consolidation, or other financial needs.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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