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
Mortgage Lingo: 23 Terms You Should Know Before You Apply
Applying for a mortgage can be stressful, what with all the money that’s on the line. Oh, and the possibility that you could be denied entirely, perhaps while starting a family or attempting to relocate to a new state. Making ... Read More »
How to Pay for Home Renovations: Pros and Cons to Different Methods
Most properties require some amount work to get into their desired shape, even newer ones. And just about everyone knows that home renovation projects aren’t cheap. This is generally the case regardless of whether the job is a small one ... Read More »
LoFi Direct Review: Do They Offer Low Rates?
Today we’ll look into “LoFi Direct,” a mortgage lender based in New Jersey that considers itself one of the fastest growing lenders in the industry. They’re dedicated to providing more, whether it’s more loan programs, support, or overall value to ... Read More »
10 Reasons to Buy a House Other Than for the Investment
There are a lot of good reasons to buy a house, and probably a lot of bad ones too. But all too often, folks seem to get fixated on the investment side of things above all else, as if they’re ... Read More »
Home Loan Enterprise Review: They Fight for Low Rates
One SoCal-based mortgage lender I’ve seen advertising a lot lately goes by the name “Home Loan Enterprise,” or HLE for short. The company sports a sleek, modern website with a really cool loan pricing engine that lets you see the ... Read More »
Are Mortgage Rates Going Down Again?
Just when you thought all hope was lost, mortgage rates appear to be going down again. It’s been a very tough start to 2021 with regard to mortgage rates, as the popular 30-year fixed climbed from around 2.75% to 3.35% ... Read More »
NationsChoice Mortgage Review: They Offer a Lowest Rate Guarantee
Today we’ll take a hard look at “NationsChoice Mortgage,” or NCM for short, which bills itself as a leading internet mortgage banker. That means they operate online, as opposed to doing the brick-and-mortar thing, which could be a plus if ... Read More »
Rate Rabbit Home Loans Review: Price a Loan 24/7 Anonymously
Today we’ll check out “Rate Rabbit Home Loans,” a direct mortgage lender that says it uses a “new, Internet-based method to obtain a home loan.” This includes the ability to apply in minutes via a digital mortgage application, along with ... Read More »
3 Reasons Why You Need to Compare Mortgage Brokers Too
While perhaps the most advantageous reason to use a mortgage broker is their ability to shop your rate with multiple lenders, you still need to put in the time to comparison shop. There are three main reasons I can think ... Read More »
11 Ways to Build Home Equity
These days, home equity is booming thanks to rapidly appreciating property values. At last glance, total equity on mortgaged properties exceeded $10 trillion, with more than $6.5 trillion of it tappable, per recent figures from Black Knight. Yes, that’s a ... Read More »
