The Truth About Mortgage Blog

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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! So what are you waiting for? Let's go! View all mortgage help topics to get started or check out the latest mortgage tips and news below.

Latest Posts

Mortgage Down Payment Requirements: How Much Do I Need to Put Down?

Mortgage Down Payment Requirements: How Much Do I Need to Put Down?
July 15, 2019 No Comments »

If you’re in the market to buy a new home or condo, you’ve undoubtedly thought (or stressed) about the required down payment. It’s one of the biggest roadblocks to homeownership, and an obstacle that never seems to get any better ... Read More »

How to Get a Mortgage with a Low Credit Score

How to Get a Mortgage with a Low Credit Score
July 8, 2019 No Comments »

Mortgage Q&A: “How to get a mortgage with a low credit score.” If you’ve got a low credit score, but are determined to buy a home (or are looking to refinance your existing mortgage), you may be wondering how to ... Read More »

Homeowners with Year-Old Mortgages Are Refinancing Like Crazy

Homeowners with Year-Old Mortgages Are Refinancing Like Crazy
July 2, 2019 No Comments »

A new report from Black Knight revealed that prepayment activity (early payoff of a mortgage) has been surging thanks to the precipitous drop in mortgage rates. It has more than doubled in just the past four months alone, and is ... Read More »

How Soon Can I Refinance My Mortgage?

How Soon Can I Refinance My Mortgage?
June 27, 2019 No Comments »

Mortgage Q&A: “How soon can I refinance my mortgage?” With mortgage rates marching toward new all-time lows again, a lot of recent home buyers are probably asking this question, even those who just closed on their mortgage weeks ago. After ... Read More »

Freddie Mac CHOICERenovation Mortgage Review

Freddie Mac CHOICERenovation Mortgage Review
June 20, 2019 No Comments »

Freddie Mac has just launched a new renovation loan product known as the “Freddie Mac CHOICERenovation Mortgage.” While the name is a bit of a mouthful, the offering is expected to be more liberal than their existing plainly named Renovation ... Read More »

BoardRE Allows You to Go All Cash Even If You Need a Mortgage

BoardRE Allows You to Go All Cash Even If You Need a Mortgage
June 19, 2019 1 Comment »

A new startup by the name of “BoardRE” hopes to change the real estate game when it comes to all-cash home buyers and the rest of us. Even if you don’t have the necessary funds, you can still present yourself ... Read More »

A Startup Called ZeroDown Just Launched to Help Home Buyers Lease to Own

A Startup Called ZeroDown Just Launched to Help Home Buyers Lease to Own
June 12, 2019 No Comments »

It’s starting to feel a little like 2006 again. Recently, we’ve seen mortgage lenders launching interest-only mortgages, 40-year mortgage terms, and now a company by the name of “ZeroDown” has launched in San Francisco. Before we worry that it’s the ... Read More »

Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment?

Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment?
June 10, 2019 No Comments »

I’ve already written at length about the pros and cons of a 15-year fixed mortgage, but some financial experts claim you shouldn’t even buy a home if you can’t afford this shorter-term mortgage option. You know, guys like Dave Ramsey, ... Read More »

What Is Home Equity?

What Is Home Equity?
June 3, 2019 No Comments »

Mortgage Q&A: “What is home equity?” You’ve probably heard the phrase “home equity” thrown around, likely during a fast-paced radio or TV commercial urging you to pull the equity out of your home. So what the heck is it, and ... Read More »

Young Homeowners Are Having More Mortgage Regrets

Young Homeowners Are Having More Mortgage Regrets
May 30, 2019 No Comments »

While homeowners of all ages are mostly happy they purchased a property, younger borrowers seem to be regretting their mortgages more than the rest of the population. Per the semiannual survey titled, “Zillow Housing Aspirations Report,” Millennial and Generation Z ... Read More »