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

Agora Lending Review: The Home to Leading Rates?

Agora Lending Review: The Home to Leading Rates?
March 23, 2021 No Comments »

Today we’ll check out Agora Lending, which like a lot of online mortgage lenders, says that by leveraging the latest mortgage technology, they’re able to pass the savings on to you. This means they might have some of the most ... Read More »

Do You Need 20% Down to Buy a House?

Do You Need 20% Down to Buy a House?
March 22, 2021 No Comments »

It’s been some time since I’ve done mortgage Q&A, so without further delay, let’s explore the following question: “Do you need 20% down to buy a house?” If you chat with anyone older than 50 (maybe 60), they’ll probably tell ... Read More »

Demystifying How Mortgages Are Calculated

Demystifying How Mortgages Are Calculated
March 19, 2021 No Comments »

The Importance of Knowing How to Calculate a Mortgage While there are plenty of mortgage calculators out there that do all the heavy lifting for you It can actually be helpful to know the math behind it You’ll probably better ... Read More »

Condo vs. Townhouse: Why It Matters

Condo vs. Townhouse: Why It Matters
March 14, 2021 No Comments »

It’s been a while since I’ve done a matchup, so let’s talk about an important one if you’re in the market to buy real estate. Today, we’ll breakdown the similarities and differences of a condo vs. townhouse. First things first, ... Read More »

Sunnyhill Financial Review: A Mortgage Broker That Makes Things Simple

Sunnyhill Financial Review: A Mortgage Broker That Makes Things Simple
March 12, 2021 No Comments »

Today we’ll check out a large-scale mortgage broker by the name of Sunnyhill Financial that’s looking to start a “Doc Less Revolution.” By that, they mean make it easier for folks to apply for a home loan without having to ... Read More »

Why You May Want to Switch Mortgage Companies

Why You May Want to Switch Mortgage Companies
March 11, 2021 No Comments »

Loyalty? Not in the mortgage business. That is, if you actually want to save money on your home loan. A few years back, an HSBC survey revealed that 52% of U.S. homeowners “switched providers” (sorry, they’re British) when obtaining subsequent ... Read More »

Lendova Mortgage Review: No Hidden Fees and Lower Rates?

Lendova Mortgage Review: No Hidden Fees and Lower Rates?
March 11, 2021 No Comments »

Today we’ll review yet another online mortgage lender called “Lendova” that says it can provide lower rates with no hidden fees and all the latest technology. Those are probably the top three things borrowers are looking for these days, which ... Read More »

Locking vs. Floating Your Mortgage Rate

Locking vs. Floating Your Mortgage Rate
March 10, 2021 No Comments »

To mortgage folk across the country, it’s an age-old question: “Lock or float?” It’s a question loan officers and mortgage brokers get asked on a daily basis, often over and over again by panicked borrowers and first-time home buyers. And ... Read More »

Loan Cabin Review: Aggressive Rates from a Modern Lender

Loan Cabin Review: Aggressive Rates from a Modern Lender
March 8, 2021 No Comments »

Today we’ll check out “Loan Cabin,” yet another online mortgage lender that has turned to technology to streamline the home loan process and lower costs for its customers. It’s seems to be a common theme these days, and if it ... Read More »

What Is the Loan-to-Value Ratio? (LTV)

What Is the Loan-to-Value Ratio? (LTV)
March 8, 2021 No Comments »

Let’s talk mortgage basics: “What is the loan-to-value ratio?” If you’re currently shopping for a home or already going through the mortgage loan process, chances are you’ve heard the phrase loan-to-value ratio get thrown around on more than one occasion. ... Read More »