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The Quick and Easy Guide to Understanding the Math Behind Your Mortgage Closing Costs

September 15, 2015 by Robby Oakes

It’s amazing that in a year with extremely low mortgage rates being reported around the country, closing costs are up by as much as 6% from the previous year. Part of the reason for this is that the stricter regulations on loans have increased the costs to banks, and they always find a way to pass on new costs to the consumer.

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

What is HARP 2.0 And How Do I Know If I Qualify To Refinance With It

September 11, 2015 by Robby Oakes

If you’re looking for home refinancing options, you may have had difficulty in the past – especially if you owe more than your home’s value on your mortgage. Getting refinancing consumes much of your home equity, which is in short supply for people who already have a mortgage. But with the government’s extension of the HARP Program, you may now be able to refinance your home with a variety of lenders.

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

A Step-by-step Guide to Preparing Your Finances for the Mortgage Pre-approval Process

September 9, 2015 by Robby Oakes

Being pre-approved for a mortgage isn’t just a way to get a step ahead, in many cases it’s a necessity to buying a home. Many sellers don’t want to go through the negotiation process of selling their home only to have the buyer drop out when they can’t get approval for the mortgage they were relying on.

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

3 Reasons Why the Cost of Title Insurance is Worth the Investment

September 2, 2015 by Robby Oakes

Title insurance protects the owner of a home from any claim made against their property, whether or not they are responsible. These include unpaid mortgage balances on the home, an improper foreclosure or any form of real estate fraud perpetrated by the seller.

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

A Quick Guide to the FHA Streamline Refinance Mortgage Loan Program

September 1, 2015 by Robby Oakes

Many homeowners would love to lower their interest rate or take advantage of other benefits associated with refinancing, but they are concerned about the time and expense associated with refinancing their current mortgage. The FHA Streamline Refinance loan program is designed to provide those who currently have an FHA loan with an easier way to refinance their mortgage, and this may be a desirable option for many.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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