The Truth About Mortgage Blog

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Welcome to a warm, friendly, and most importantly unbiased place to learn about mortgages, ideally before you make contact with a real estate agent or lender. The more you know, the better you’ll feel, and hopefully all that hard work will help you snag a lower mortgage rate too! View all mortgage help topics to get started or check out the latest mortgage tips and news below.

Latest Posts

If You Want to Be a Homeowner, Go to College and Get a Degree

If You Want to Be a Homeowner, Go to College and Get a Degree
June 21, 2021 No Comments »

Assuming you want to become a homeowner, it’s probably best to go to college, even if you have to take out costly student loans in the process. You may have read articles over the past several years that talk about ... Read More »

3 Reasons Why Putting Less Down Can Raise Your Mortgage Payment

3 Reasons Why Putting Less Down Can Raise Your Mortgage Payment
June 17, 2021 No Comments »

If you’re in the market to purchase a new home, perhaps because mortgage rates are low and you’re an extremely brave individual, you may be thinking low down payment all the way. Heck, for many borrowers these days, a low ... Read More »

The Mortgage Firm Review: Twice a SocialSurvey Winner for Customer Satisfaction

The Mortgage Firm Review: Twice a SocialSurvey Winner for Customer Satisfaction
June 16, 2021 No Comments »

Today we’ll check out Florida-based lender “The Mortgage Firm,” which has been originating home loans since the mid-1990s. That’s a lifetime in today’s world of nascent startups, and shows they’ve been able to weather the ups and downs of the ... Read More »

American Pacific Mortgage Review: A Leader in Diversity

American Pacific Mortgage Review: A Leader in Diversity
June 15, 2021 No Comments »

One of the top-15 retail mortgage companies in the country goes by the name “American Pacific Mortgage,” or APM for short. The NorCal-based company is big on experience, whether it’s the many years of work history their loan advisors have, ... Read More »

Top Mortgage Lenders by State in 2020: Rocket Claims 19 States and D.C.

Top Mortgage Lenders by State in 2020: Rocket Claims 19 States and D.C.
June 15, 2021 No Comments »

Assuming you actually needed to be told, Quicken Loans (aka Rocket Mortgage) was the top residential mortgage lender in the United States last year. The company funded roughly $314 billion in home loans during what was a record year for ... Read More »

Why It Could Be a Great Summer for Mortgage Rates

Why It Could Be a Great Summer for Mortgage Rates
June 10, 2021 No Comments »

It’s looking like it could be a really good summer for mortgage rates, after a very uncertain spring made it appear as if the best we had seen was gone forever. Now this isn’t to say that mortgage rates will ... Read More »

Directors Mortgage Review: Oregon’s Local Mortgage Lender

Directors Mortgage Review: Oregon’s Local Mortgage Lender
June 7, 2021 No Comments »

Today we’ll check out “Directors Mortgage,” a Portland, Oregon-based mortgage lender that says it “takes a community-first, people-focused approach” to the home loan business. This means you can actually sit down and speak with a human being about your homeownership ... Read More »

Thursday Is the Best Day to List Your House

Thursday Is the Best Day to List Your House
June 7, 2021 No Comments »

Not that it matters much these days, but apparently Thursday is the best day to list your home for sale. This is the latest advice from iBuyer and home valuation company Zillow, which noted that 21% of properties are listed ... Read More »

Supreme Lending Review: A Local Lender That Aims to Close Loans in 20 Days or Less

Supreme Lending Review: A Local Lender That Aims to Close Loans in 20 Days or Less
June 2, 2021 No Comments »

Today we’ll check out “Supreme Lending,” a mortgage banker out of Dallas, Texas that is all about speed. In fact, their goal is to close and fund every loan that comes in their door in 20 days or less, using ... Read More »

Do Mortgage Payments Go Down Over Time?

Do Mortgage Payments Go Down Over Time?
June 2, 2021 No Comments »

Mortgage Q&A: “Do mortgage payments decrease?” While everyone always seems to focus on mortgage payments adjusting higher, there are a number of reasons why a mortgage payment may actually decrease over time. No really, there are, so let’s take a ... Read More »