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The Impact of Homeowners Associations (HOAs) on Mortgage Approval

May 7, 2025 by Robby Oakes

When purchasing a home in a community with a Homeowner’s Association (HOA), it’s important to understand how this organization can impact your mortgage approval. While HOAs provide benefits like maintaining neighborhood amenities and enforcing community standards, they also add financial obligations that lenders consider when evaluating your loan application.

Filed Under: Mortgage Tips Tagged With: HOAs, Mortgage Approval, Mortgages

Can I Get a Mortgage Without a Credit Score By Using Alternative Credit History?

March 28, 2025 by Robby Oakes

When securing a mortgage, borrowers have the option to reduce their interest rate through a mortgage buydown. This strategy can help lower monthly payments, either temporarily or permanently, depending on the type of buydown chosen.

Filed Under: Mortgage Tagged With: Dream Home, Home Owner, Mortgage Approval, Mortgage Tips

How Debt-to-Income Ratio Affects Your Mortgage Eligibility

March 18, 2025 by Robby Oakes

When applying for a mortgage, lenders evaluate several factors to determine your loan eligibility. One of the most critical metrics is your Debt-to-Income Ratio (DTI). Understanding how DTI impacts mortgage approval can help you better prepare for homeownership and improve your chances of securing the loan you need.

Filed Under: Home Buyer Tips Tagged With: Debt To Income Ratio, Home Buying Tips, Mortgage Approval

Home Mortgage Application: Understanding Proof of Income

June 20, 2024 by Robby Oakes

Buying a new home is exciting, but it comes with a fair share of paperwork, especially when applying for a mortgage. One crucial component lenders will analyze is your proof of income. Let’s take a look at what proof of income involves, document examples, and where to find them.

Filed Under: Mortgage Tagged With: Home Mortgage, Income Verification, Mortgage Approval

The Role of a Co-Signer in Mortgage Applications: Pros, Cons, and Alternatives

May 1, 2024 by Robby Oakes

Are you dreaming of owning your own home but facing obstacles in securing a mortgage? You’re not alone. Many aspiring homeowners encounter challenges due to factors like credit history, income, or debt-to-income ratio. There is a potential solution that could help you achieve your homeownership goals: a cosigner.

Filed Under: Mortgage Application Tagged With: Co-Signer, Mortgage, Mortgage Approval

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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