About the Author

authorI was an Account Executive with a wholesale mortgage lender in Los Angeles, who saw the good times and the very bad.

But after several grueling, monotonous years in the industry, something occurred to me…I knew a lot about mortgage.

So I’ve decided to share my knowledge and experience with the public because I’ve learned so much about the process, and I know I can provide some valuable mortgage advice that you likely won’t hear from other interested parties, namely banks, lenders, loan officers, mortgage brokers, and real estate agents. You know who you are…

If nothing else, whenever I buy property, I’ll have an arsenal of knowledge and helpful information at my fingertips to ensure I snag the lowest interest rate with the fewest fees.

And not only for me, but for family and friends. Of course, none of them bother to visit the site, but you get my point.

My goal in creating this blog is to provide an honest, inside view of the mortgage industry, and to explain the process of qualifying and obtaining a mortgage in the most straightforward and effective manner possible.

There are so many aspects of the loan process that consumers don’t understand, seemingly basic things that can affect your mortgage rate substantially, costing you thousands each year.

And they can be resolved with minor solutions, often just by reading blogs like this.

So go ahead, browse the site and educate yourself. Because in this industry, knowledge equals savings. Big savings!

Colin Robertson



  1. Joe Santana September 29, 2014 at 12:10 pm -

    I’ve read I’m in the process of procuring a refinance and came upon your website. I have read many of your informative topics. I want to thank you for the effort you have put on developing the website. As a consumer, this is invaluable information to have.
    Many thanks


  2. Colin Robertson September 29, 2014 at 6:57 pm -

    You are welcome Joe! Glad you found the site helpful and appreciate the kind words!

  3. Linda October 17, 2014 at 3:03 pm -

    Mr. Robertson,

    I’m new at this page I found about the truth in mortgage. I quite understand of what your putting out there for the customers that’s looking to buy or refinance. Well I’m trying to refinance, over two and half years now I was approved from the DOJ vs BOA for mortgage mishaps. BOA gave me a modification with a 2% ARM. I want to do a refinance with fix rate so that my mortgage payments stay the same. It’s been changed twice from high to low, but my income is low and I have low score. I really need to get out of this mess, what can I do my son helps me with the bills. He receives SSI and I SSDI.

  4. Colin Robertson October 17, 2014 at 3:12 pm -


    A 2% ARM doesn’t sound too bad, but if rates rise it could be a problem for you in the future. They probably gave you an ARM because it was cheaper and more “affordable” as a modification. And it might be fixed for the first five years, so check your paperwork. If you want to switch to a fixed loan, you could contact a mortgage broker who can determine what your options are with a wide range of banks based on your limited income and credit score, instead of just going to one bank. In the meantime you should also work on improving your credit score, as that could help with qualifying. Good luck!

  5. Joe November 7, 2014 at 6:01 pm -


    Things worked out in our favor and we ended getting approval for the re-finance, as it turned out. In any event the use of the information on your web helped me to be more aware of some of the issues which stood as a challenge. Thanks again,

    Joe Santana

  6. Colin Robertson November 8, 2014 at 12:57 pm -

    No problem Joe, glad you got approved!

  7. bo November 19, 2014 at 10:01 am -

    Mr Robertson,
    I am in the process of purchasing a house. I have been told by my lender that I have to have PMI. My loan is for 36k the house was appraised at 52k and I am putting 5% down/1800, I have 17,800 in equity. Why do I need PMI if my loan to value is greater than 20%? I am 19 and I have a good job(55k yr) and my credit score is 775. Is there another reason I would need PMI?

  8. Colin Robertson November 19, 2014 at 12:29 pm -


    If the purchase price is $36,000, and you’re only putting down $1,800, your loan-to-value (LTV) is 95%, hence the need for PMI. It doesn’t matter if the house appraises for more. Lenders use the lower of the appraised value or the sales price to determine LTV.

  9. bo November 20, 2014 at 5:47 am -

    Mr Robertson,

    Thank you for the clarification.


  10. Samonte Family February 4, 2015 at 4:24 pm -

    Hi Colin,

    first of all thank you for this information. do u have anytips for first time home buyer.

  11. Colin Robertson February 4, 2015 at 4:39 pm -

    No problem. Yes, there’s an entire page dedicated to first-time buyers…


  12. Char February 4, 2015 at 5:37 pm -

    You are knowledgable, funny, good looking! Thank you for using your powers for good! So, so very helpful – much appreciated, Mr. Robertson. :-))

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