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Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

September 16, 2022 by Robby Oakes

Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there’s no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortgage. However, is every option equal?

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

What To Know About Your Debt-To-Income Ratio When Buying A Home

September 15, 2022 by Robby Oakes

When you apply for a mortgage, your lender will do some quick math to figure out how much of a loan you can afford. Your lender will consider many factors, and one of the most important ones is your debt-to-income ratio.

Filed Under: Mortgage Tagged With: Credit Score, Debt to Income, Mortgage

The Quick and Easy Guide to Determining How Big of a Mortgage Your Family Can Afford

September 14, 2022 by Robby Oakes

Are you shopping around for a new house or apartment? One of the key considerations you will need to make is figuring out how much you want to invest in your new home. Below you’ll find our quick and easy guide to determining just how much “house” you can afford. Let’s get started!

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

The Minimum Credit Score For VA Home Loan Approval: What To Know

September 13, 2022 by Robby Oakes

When you are applying for a home loan, you need to make sure that you meet the minimum credit score requirements. If you decide to go with a traditional loan, the credit limit can be high, making it hard to qualify for a home loan. In contrast, you might be able to qualify for a VA home loan with a much lower credit score. What do you need to know?

Filed Under: Mortgage Tagged With: Credit Score, Mortgage, VA Loans

Should You Buy Mortgage Points?

September 7, 2022 by Robby Oakes

When you take out a home loan, you might have the option to purchase mortgage points. Essentially, this is money that you pay to the lender upfront in exchange for getting a lower interest rate over the life of the loan. If you got a great deal on the house, you might have some extra cash on hand. Should you use that money to buy down the interest rate? This is a math problem that you need to calculate for yourself.

Filed Under: Mortgage Tagged With: Down Payment, Mortgage, Mortgage Points

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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