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Trying to Save on Your Closing Costs? Here Are Three Tips That Can Help Lower Them

December 10, 2014 by Robby Oakes

Whether you’re about to close on a lovely new house for your growing family or a stylish beachfront condo so you can retire close to the ocean, one thing is certain: you’re going to face a variety of closing costs.

Filed Under: Home Mortgage Tips Tagged With: Closing Costs, Home Buyer Tips, Mortgages

Understanding Mortgage Insurance and the Difference Between FHA, VA and USDA Mortgages

December 9, 2014 by Robby Oakes

Are you thinking about using mortgage financing to buy a new home? If so, you’ve likely heard about mortgage insurance policies requirements and you may be wondering how they will affect you. In today’s blog post we’ll explore mortgage insurance and explain the difference between conventional, FHA, VA and USDA mortgage insurance policies.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Insurance, Mortgages

Understanding the Difference Between a Mortgage Pre-qualification and a Pre-approval

December 3, 2014 by Robby Oakes

If you’re in the market for a new home and you’ve been researching mortgages, you’ve likely come across the terms “pre-qualification” and “pre-approval”. While these terms are self-explanatory in some circumstances, they are quite different in regards to mortgage financing. In today’s blog post we’ll explain the difference between a mortgage pre-qualification and a pre-approval.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Mortgages and Credit

The LTV Ratio: How ‘Loan-to-Value’ Works and Why You Need to Understand This Ratio

December 2, 2014 by Robby Oakes

Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you’ve likely heard the phrase “loan-to-value” or the acronym “LTV” before. Let’s take a quick look at the loan-to-value ratio including why it’s important, how to calculate it and how it can affect your mortgage.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Calculators, Mortgages

Buying a Home with a Mortgage? A Quick Guide to Closing Costs and What to Expect

November 25, 2014 by Robby Oakes

Whether you’re just starting to shop for a new home or you’ve already found the perfect new house and you’re ready to submit an offer, if you’re taking out a mortgage loan to cover some of the home’s purchase price you should be aware of the various closing costs you may encounter.

Filed Under: Home Mortgage Tips Tagged With: Closing Costs, Home Mortgage Tips, Mortgages

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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