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
Cardinal Financial Mortgage Review: A High-Octane Mortgage Lender
One of the “most senior lenders in the industry,” in their own words, is Charlotte, North Carolina-based Cardinal Financial. The retail mortgage lender has been around since 1987, truly making them one of the veterans in the mortgage space. After ... Read More »
Is It a Bad Idea to Buy a Home During a Pandemic?
A recent op-ed said buying a home during a pandemic was a terrible idea. The author, Teresa Ghilarducci, noted that both home prices and uncertainty are high. Her basic message – we’re maybe acting irrationally due to the COVID-19 pandemic, ... Read More »
Citywide Home Loans Review: A Major Mortgage Player in Utah
Today we’ll take a good look at Citywide Home Loans, a Utah-based direct-to-consumer mortgage lender whose motto is “Your Mortgage Matters.” Aside from your home loan mattering, they also say they “don’t take any loans for granted,” meaning customer service ... Read More »
What Is a Mortgage Loan Servicer?
Perhaps one of the most confusing aspects of getting a mortgage is knowing who you actually pay once the thing funds. And to that end, when your first mortgage payment is due. While Bank X may have closed your loan, ... Read More »
NOVA Home Loans Review: Arizona’s Mortgage Lender
If you reside in Arizona, there’s a really good chance you’ve driven by a billboard advertising NOVA Home Loans. I don’t even live in Arizona but always see their advertisements when visiting. The direct-to-consumer mortgage lender has a huge presence ... Read More »
Mortgage Lending Volume Hits Highest Level on Record Despite COVID-19
It makes sense that the mortgage industry would see its best quarter in history during a global pandemic. Okay, it doesn’t make sense, but that’s what happened anyway, per the latest Mortgage Monitor report from Black Knight. Mortgage Lenders Originated ... Read More »
Rounding Up Your Mortgage Payment: Does It Actually Work?
There are all sorts of gimmicks, tips, and tricks out there to pay down the mortgage a little (or a lot) quicker. And one that sounds relatively painless is the simple rounding up of one’s mortgage payment. So if you ... Read More »
Cherry Creek Mortgage Review: FasTrac Your Loan Approval
If you live in Colorado or surrounding states, there’s a good chance you’ve heard of Cherry Creek Mortgage Company. The retail mortgage lender is headquartered in Greenwood Village, Colorado, and does nearly half its total loan volume in the Centennial ... Read More »
Beware the New Mortgage Fee Fearmongering
You may have heard there’s a “new mortgage fee.” And you might have been told to hurry up and refinance NOW to avoid said fee. While there is some truth to that, it is by no means a reason to ... Read More »
CMG Financial Mortgage Review: Is Their All In One Loan for You?
CMG Financial isn’t new to the mortgage industry, having been around since 1993. That makes them a veritable veteran in the home loan space, as many of today’s top mortgage lenders have only been around since the 2000s. Of course, ... Read More »
