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Investing in a Vacation Property? Learn What You’ll Need to Have to Get A Mortgage Approved

September 16, 2016 by Robby Oakes

While a second home can seem like a great purchase and solid investment opportunity, there are different requirements that go into this type of purchase. If you’re considering a vacation home, you may want to be aware of the following financial factors.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Investment Properties, Mortgage

Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment

September 15, 2016 by Robby Oakes

If you’re just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money.

Filed Under: Home Mortgage Tips Tagged With: Down Payments, Home Mortgage Tips, Mortgage

Financing That Dream Home with a Mortgage? Here’s What to Expect on Closing Day

September 13, 2016 by Robby Oakes

When closing day finally arrives, there will still be a few last minute details that need to be taken care of. If you’re getting ready to solidify your home purchase and are wondering about the remaining paperwork and any unknown details, here are some things you can expect when it comes to making your purchase complete.

Filed Under: Home Mortgage Tips Tagged With: Closing Costs, Home Mortgage Tips, Mortgage

Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval

September 8, 2016 by Robby Oakes

If you’re wondering how much home you can truly afford and how your cost of living will fare for your mortgage approval, here are some of the details on what you can expect when it comes to finding a home at an affordable price.

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

Can You Use a Reverse Mortgage to Buy Your Next Home? Yes, and Here’s How

September 2, 2016 by Robby Oakes

Most people who have been on the market for a home are familiar with what the term ‘mortgage’ means, but many have not heard of a reverse mortgage and aren’t aware of how this product can benefit them. If you’re nearing retirement and are contemplating a new home or even relocation to another community, here are the details on a reverse mortgage and how this option may benefit you.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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