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Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

September 27, 2023 by Robby Oakes

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here’s why an extended loan term can end up costing you more and may be less financially beneficial when it comes right down to it.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Amortization

Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage

September 15, 2023 by Robby Oakes

Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in your price range?

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Applications

How to Run a Quick Financial Health Check Before You Apply for a Mortgage

April 13, 2023 by Robby Oakes

Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage.

Filed Under: Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Tips, Real Estate

3 Things That Will Absolutely Kill Your Chances for a Mortgage Approval

March 24, 2023 by Robby Oakes

Avoid these three mortgage-killing habits while your lender evaluates your loan and you’ll quickly find yourself holding the keys to your new home.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Preapprovals and Credit, Mortgages

Understanding Mortgage Pre-Approvals and How to Avoid Being Declined for One

March 21, 2023 by Robby Oakes

How does a mortgage pre-approval work, and how can you make sure you won’t be declined when you apply? Here’s what you need to know.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Preapprovals and Credit, Mortgages

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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