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Understanding the Financial Power of Mortgage Points

October 16, 2024 by Robby Oakes

In the world of home financing, mortgage points are a powerful yet often misunderstood tool that can significantly impact your long-term financial outlook.

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

Are You In A Position to Cosign on a Loan?

October 11, 2024 by Robby Oakes

As home prices continue to rise, some buyers may struggle to qualify for a mortgage on their own. In these cases, a mortgage cosigner can be a helpful solution

Filed Under: Home Mortgage Tagged With: Cosigning Loans, Home Buying Advice , Mortgage Tips

How Much Equity Can You Borrow Today?

October 1, 2024 by Robby Oakes

Your home equity represents one of your most valuable assets. When it comes to borrowing against that equity, many homeowners question how much can they borrow. Understanding the amount of equity you can tap into today is essential, especially if you’re considering a home equity loan or line of credit (HELOC) for major expenses like home improvements, debt consolidation, or other financial needs.

Filed Under: Home Mortgage Tagged With: HELOC, Home Equity, Mortgage Tips

The Difference Between Mortgage Prepayment and Payoff

September 10, 2024 by Robby Oakes

As a homeowner or prospective buyer, understanding the intricacies of mortgage management can save you time, stress, and potentially thousands of dollars. Two key concepts that often confuse borrowers are mortgage prepayment and mortgage payoff. While both strategies can reduce the overall interest paid and shorten the loan term, they function differently. Let’s break down what each term means and how they can affect your mortgage journey.

Filed Under: Mortgage Tagged With: Financial Planning, Home Ownership, Mortgage Tips

What is a Flex Payment Mortgage?

August 14, 2024 by Robby Oakes

Understanding your options when shopping for a mortgage is crucial to making the best financial decisions. One option that is not well known is the Flex Payment Mortgage. But what exactly is it, and how can it benefit you?

Filed Under: Mortgage Tagged With: Flexible Payments, Mortgage Flexibility, Mortgage Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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