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What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

March 3, 2023 by Robby Oakes

Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn’t save this substantial amount, the reality was that for the majority of people, the 20 percent down was a requirement.

Filed Under: Mortgage Tagged With: Down Payment, Mortgage, Piggyback Loan

The Top Benefits Of A Single Close Construction Loan

March 1, 2023 by Robby Oakes

If you are thinking about building your own home, you might be wondering how construction loans work. There are plenty of options available, but one of the most popular choices is a single-close construction loan.

Filed Under: Mortgage Tagged With: Construction Loan, Interest Rates, Mortgage

Moving From An Apartment To A House? Here’s What You Need To Remember About Your Lease

February 28, 2023 by Robby Oakes

The major problem that the vast majority of buyers will run into – especially when purchasing their first home – has to do with a lease agreement that is still active with their apartment complex at the time of the purchase.

Filed Under: Mortgage Tagged With: Landlord, Mortgage, Tenant

The Top Reasons To Stop Renting And Buy Today

February 24, 2023 by Robby Oakes

Buying a house can be expensive, and it can take a long time to save up money for a down payment; however, it might be time for you to stop renting and buy your own place. What are some of the top reasons why it might be time to put down some roots?

Filed Under: Mortgage Tagged With: Mortgage, New Home

What Items Can Change My Mortgage Pre-Approval Status?

February 23, 2023 by Robby Oakes

When you are purchasing a home, your lender may recommend you obtain a mortgage pre-approval before you find the home of your dreams. There are some benefits to being pre-approved before you find a home, but oftentimes, people confuse pre-qualifications with pre-approvals.

Filed Under: Mortgage Tagged With: Assets, Mortgage, Pre-Approval

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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