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Unlocking Lower Mortgage Rates By Boosting Your Credit Score

May 21, 2024 by Robby Oakes

The interest rate you qualify for when securing a mortgage can make a huge difference in your financial journey. The good news is, that by understanding how credit scores impact mortgage rates and implementing strategic steps to boost your score, you can potentially unlock lower rates and save thousands of dollars over the life of your loan.

Filed Under: Credit Scoring Tagged With: Credit Score, Mortgage, Mortgage Rates

Escrow Analysis: Your Key to Understanding Mortgage Payments

May 17, 2024 by Robby Oakes

Escrow might sound like a fancy term, but it’s not rocket science. Let’s break it down into simple terms. In simple terms, an escrow analysis is a review of your escrow account conducted by your mortgage lender.

Filed Under: Escrow Tips Tagged With: Escrow, Escrow Analysis, Mortgage

How Do Mortgage Points Cut Your Interest Costs?

May 14, 2024 by Robby Oakes

Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important factors that dictate how much someone is going to pay for a house include points and interest rates.

Filed Under: Mortgage Tagged With: Interest Rates, Mortgage, Mortgage Points

Understanding the Vital Role of Homeowners Insurance in Mortgage Agreements

May 10, 2024 by Robby Oakes

Owning a home is a dream for many, representing a significant milestone and a considerable financial investment. However, along with the excitement of homeownership comes a set of responsibilities and financial commitments. One of the most crucial aspects of safeguarding your investment is securing homeowners insurance.

Filed Under: Mortgage Tips Tagged With: Homeowner's Insurance, Mortgage, Protection

The 5 C’s of Mortgage Underwriting

May 9, 2024 by Robby Oakes

Buying a home is one of the most significant financial decisions most of us will ever make. It’s a journey filled with excitement, anticipation, and sometimes, a touch of anxiety. Among the many steps involved in this process, understanding mortgage underwriting is crucial. To demystify this complex process, let’s delve into the 5 C’s of mortgage underwriting.

Filed Under: Mortgage Application Tagged With: Application Approval, Mortgage, Underwriting

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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