The Truth About Mortgage Blog
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
Zillow Will Now Buy Your Home for Its Zestimate Price
Zillow appears to be putting its money where its mouth is by offering to buy properties at their Zestimate price. No longer is the Zestimate just a number you can fantasize about, assuming your home qualifies for the company’s iBuying ... Read More »
Amerifirst Financial Review: They Take Home Purchase Lending Seriously
It’s not every day you come across a large-scale independent mortgage lender that has been around since the 1980s, but Amerifirst Financial Inc. fits that description. The Arizona-based company understands that there’s more to the mortgage business than just refinances, ... Read More »
Paying More Today Won’t Lower Future Monthly Mortgage Payments
Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a year after receiving a sizable bonus or tax refund. Whatever the method, you should first ... Read More »
Look for a Mortgage Before You Search for a Home
While it might look and sound counterintuitive at first glance, it could actually make perfect sense. Instead of assuming that home loan financing is just a cumbersome, yet mostly guaranteed step toward the American Dream, understand that it will dictate ... Read More »
7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons
When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Today, we’ll compare two popular loan programs, the “30-year fixed mortgage vs. the 7-year ARM.” We all know about the traditional 30-year ... Read More »
AimLoan Review: You Can Check Their Rates and Fees 24/7
Today we’ll take a look at American Internet Mortgage, more commonly known as “AimLoan,” which is a streamlined discount mortgage lender that focuses mostly on conforming home loans. Doing so allows them to do what they do best, offer lower ... Read More »
Why Does Everyone Want Us to Pay Down Our Mortgages?
You may have come across one of those articles lately that talks about how a couple paid off their mortgage in five years. Or some other absurdly-fast timeline. While it also sounds super enticing and perhaps inspiring, it’s often just ... Read More »
When Should You Start Looking for a House?
The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or any time thereafter. We’ll get into the specifics in a moment, but there’s really no sense in waiting if ... Read More »
Blue Sky Financial Review: Spend Less Time on Your Mortgage and More Time Outside
Today we’ll check out “Blue Sky Financial,” whose goal is to save you time and money so you can get outside and enjoy those beautiful blue skies a little bit more. The young company (formed in 2020) refers to itself ... Read More »
Why Do Mortgage Companies Want You to Refinance So Badly?
If you already have a mortgage, there’s a good chance you receive junk mail on a regular basis urging you to refinance. You may receive solicitations from both your current bank/loan servicer and from a competing lender or mortgage broker ... Read More »
