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Understanding the Temporary Rate Reduction Mortgage

September 10, 2025 by Robby Oakes

Buying a home is exciting, but the thought of monthly mortgage payments can feel overwhelming, especially for first-time buyers. One strategy to ease the financial burden is a temporary rate reduction. This type of mortgage allows borrowers to pay a lower interest rate for the first two years of the loan before it returns to the original fixed rate.

Filed Under: Mortgage Tips Tagged With: Financial Planning, Mortgage Tips, Temporary Rate Reduction

Why Credit Monitoring Matters During the Mortgage Process

September 9, 2025 by Robby Oakes

Buying a home is one of the most significant financial decisions you will make. While it is exciting to pick out your dream home, the mortgage process can be complex and stressful. One critical factor that can make or break your journey is your credit. Credit monitoring gives you the insight and control you need to stay on track.

Filed Under: Mortgage Tips Tagged With: Credit Monitoring, Mortgage Process, Mortgage Tips

Mortgages in a Rising Rate Environment: Strategies to Save

September 5, 2025 by Robby Oakes

When interest rates begin to climb, many buyers feel uncertain about whether it is the right time to purchase a home. Higher rates can impact affordability and monthly payments, but that does not mean homeownership is out of reach. With the right strategies and preparation, you can still secure a mortgage that fits your budget and long-term goals.

Filed Under: Mortgage Tips Tagged With: Financial Planniing, Mortgage Tips, Rising Rates

Can You Use Rental Income to Qualify for a Mortgage?

August 22, 2025 by Robby Oakes

When it comes to qualifying for a mortgage, your income plays a key role in determining how much you can borrow. For many buyers, especially those interested in investment properties or who plan to rent out part of their home, the question is whether rental income can be counted toward their mortgage qualification. The good news is that in many cases, rental income can help, but there are specific rules and documentation requirements you will need to meet.

Filed Under: Mortgage Tips Tagged With: Mortgage Tips, Qualifying For A Mortgage, Rental Income

The Benefits of Paying Points on Your Mortgage

August 13, 2025 by Robby Oakes

When you take out a mortgage, you may be given the option to pay points in exchange for a lower interest rate. A mortgage point, also known as a discount point, is equal to 1% of the loan amount. For example, if you re financing $200,000, one point would cost $2,000. While paying points means you ll pay more upfront, it can offer long-term savings. Understanding the benefits of paying points on your mortgage can help you decide if it’s the right move for you.

Filed Under: Mortgage Tips Tagged With: Home Loans, Mortgage Points, Mortgage Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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