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
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 »
Spring EQ Review: Need a Second Mortgage?
With the weather warming up, I thought it’d be prudent to check out “Spring EQ,” a lender that specializes in getting cash out of your home. By that, I mean they offer cash out refinances and second mortgages, including both ... Read More »
10 Reasons Why You Can’t Refinance Your Mortgage
With mortgage rates so low, just about everyone and their mother has at least inquired about refinancing their mortgage lately, whether it’s to obtain a lower interest rate and/or tap into their newfound equity. There are actually many reasons to ... Read More »
Direct Home Lending Review: Some of the Most Competitive Rates in the Nation?
Today we’ll review “Direct Home Lending,” a company that says it specializes in FHA and VA loan lending, along with home purchase loans. They also happen to offer mortgages backed by Fannie Mae and Freddie Mac, along with refinances, and ... Read More »
Higher Mortgage Rates May Exacerbate Already White-Hot Housing Market
You’ve seen the headlines – mortgage rates have jumped from recent all-time lows. And they’re seemingly on an upward spiral that can’t be stopped. Except, they’ve actually seen some improvement over the past few days, thanks in part to the ... Read More »
Lend Plus Review: A Direct Lender That Specializes in Refis
Today we’ll take a deep dive into “Lend Plus,” a Southern California-based direct-to-consumer mortgage lender that aims to provide world class customer service. They say their average loan officer has over 10 years of experience, which means you should be ... Read More »
21 Things That Can Drive Your Mortgage Rate Higher
Wondering why you didn’t receive the low mortgage rate you saw advertised on TV or the Internet? Well, there are a ton of reasons why the quote you obtained was higher than anticipated. Let’s explore a lot of them so ... Read More »
Marriage and Mortgage May Not Mix
Marriage or Mortgage? The premise of the new Netflix show “Marriage or Mortgage” is simple. It pits a wedding planner against a real estate agent. The prize, if you want to call it that, is getting the spouses-to-be to go ... Read More »
McGlone Mortgage Review: Don’t Go Home Without McGlone?
While you may have not heard of “McGlone Mortgage” before, they’re making waves with their superior customer service, something that can often be elusive in the mortgage biz. The Appleton, Wisconsin-based direct lender has some of the highest marks in ... Read More »
