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

United Wholesale Mortgage Going Public

United Wholesale Mortgage Going Public
September 24, 2020 1 Comment »

Despite the ongoing pandemic, it’s turning out to be a very good time for companies to go public, especially mortgage lenders, which are seeing record volumes thanks to über-low mortgage rates. The latest announcement comes from United Wholesale Mortgage, the ... Read More »

Zillow Homes: Zillow Launches a Real Estate Brokerage

Zillow Homes: Zillow Launches a Real Estate Brokerage
September 23, 2020 No Comments »

Zillow has officially launched a real estate brokerage, known as “Zillow Homes.” The move is intended to “simplify and streamline” the company’s Zillow Offers platform, which up until now relied upon outside real estate brokerages to manage its iBuying transactions. ... Read More »

Cardinal Financial Mortgage Review: A High-Octane Mortgage Lender

Cardinal Financial Mortgage Review: A High-Octane Mortgage Lender
September 15, 2020 No Comments »

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?

Is It a Bad Idea to Buy a Home During a Pandemic?
September 15, 2020 No Comments »

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

Citywide Home Loans Review: A Major Mortgage Player in Utah
September 14, 2020 No Comments »

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?

What Is a Mortgage Loan Servicer?
September 10, 2020 No Comments »

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

NOVA Home Loans Review: Arizona’s Mortgage Lender
September 9, 2020 No Comments »

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

Mortgage Lending Volume Hits Highest Level on Record Despite COVID-19
September 9, 2020 No Comments »

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?

Rounding Up Your Mortgage Payment: Does It Actually Work?
September 3, 2020 No Comments »

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

Cherry Creek Mortgage Review: FasTrac Your Loan Approval
September 2, 2020 No Comments »

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 »