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The Down Payment: Four Great Reasons To Make The Largest Down Payment You Can Afford

August 5, 2015 by Robby Oakes

If you’re looking for a new home, you’ve probably heard lots of advice about down payments. About how it’s okay to just have a five percent down payment – you’ll still get approved. About how you should make the down payment as small as possible to avoid cash flow problems. Here are just four reasons why you should make the largest down payment possible.

Filed Under: Home Mortgage Tips, Personal Finance Tagged With: Down Payments, Home Mortgage Tips, Mortgages

A Guide for Those Intrested In Refinancing a Traditional Mortgage to a FHA Mortgage

August 4, 2015 by Robby Oakes

Refinancing a mortgage can provide a homeowner with many benefits, and many are interested in refinancing their traditional mortgage into an FHA mortgage to take advantage of low interest rates. Depending on the specific circumstances, this step may lower the monthly payment, reduce interest charges, adjust the loan term so that it is more beneficial for achieving financial goals and more.

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

Understanding the Basics of How the Adjustable Rate Mortgage or ‘ARM’ Works

July 29, 2015 by Robby Oakes

As the 2009 recession fades into the sunset, the home buying market is showing signs of improvement in areas all over the United States. With more home buyers now entering the market, this becomes a good time to discuss one popular type of mortgage called the “Adjustable Rate Mortgage” or ARM.

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

The HARP Mortgage Program is Coming to an End Soon – Here’s What You Need to Know

July 28, 2015 by Robby Oakes

The United States government established the HARP program, otherwise known as the Home Affordable Refinance Program, to assist homeowners who are struggling with their mortgage payments. However, the program will be ending soon, and homeowners who have not yet taken advantage of the program and who intend to do so may need to act quickly.

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

Mortgage 101: 3 Reasons to Avoid Giving Wrong Information on Your Mortgage Application

July 15, 2015 by Robby Oakes

Completing a loan application is among the first steps mortgage applicants take when applying for a loan, and it is easy to overlook the importance of providing accurate information at this stage in the process. It is best to take time complete the loan application as accurately as possible as it is a legal requirement and because of the other negative consequences.

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

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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