The Truth About Mortgage Blog

hello

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

Why Every Mortgage Lender Will Disappoint You

Why Every Mortgage Lender Will Disappoint You
March 4, 2021 No Comments »

People constantly ask me if a particular lender is good, bad, or should be avoided at all costs. They also ask who the best mortgage lender is, often citing some customer satisfaction survey or what not. Or whether they should ... Read More »

Summit Funding Review: Highly Rated ‘Home Loan Experts’

Summit Funding Review: Highly Rated ‘Home Loan Experts’
March 4, 2021 No Comments »

It’s time for another mortgage review, this time we’ll take hard look at Summit Funding Inc., which bills itself as “The Home Loan Experts.” There might be some truth to that because the direct lender has been around since 1995, ... Read More »

18 Reasons to Refinance Your Mortgage

18 Reasons to Refinance Your Mortgage
March 3, 2021 No Comments »

There are many reasons to refinance your mortgage, some obvious and some a bit more obscure and/or different. I figured I’d compile a list of the many reasons I can think of to refinance. Some of the situations are complete ... Read More »

Renting vs. Buying a Home: 55 Pros and Cons

Renting vs. Buying a Home: 55 Pros and Cons
March 2, 2021 1 Comment »

It’s time for yet another mortgage match-up, so without further ado, here’s a biggie: “Renting vs. buying a home.” Or a townhouse for that matter… This is certainly an intimidating question, and one that’s difficult to sum up in one ... Read More »

Own Up Review: The Mortgage You Deserve?

Own Up Review: The Mortgage You Deserve?
March 2, 2021 No Comments »

Today we’ll check out “Own Up,” a new technology company that wants to be your mortgage co-pilot. By that, they mean help you comparison shop for a home loan without having to jump through hoops or get badgered by salespeople. ... Read More »

10 Things You Should Do Before Applying for a Mortgage

10 Things You Should Do Before Applying for a Mortgage
March 1, 2021 1 Comment »

I recently wrote that you should look for a mortgage before searching for a property to buy because unless you have lots of cash, you’re going to need a loan. Now let’s talk about what you should do before you ... Read More »

Zillow Will Now Buy Your Home for Its Zestimate Price

Zillow Will Now Buy Your Home for Its Zestimate Price
February 25, 2021 1 Comment »

Zillow appears to be putting its money where its mouth is by offering to buy properties at their Zestimate price. No longer is the Zestimate just a number you can fantasize about, assuming your home qualifies for the company’s iBuying ... Read More »

Amerifirst Financial Review: They Take Home Purchase Lending Seriously

Amerifirst Financial Review: They Take Home Purchase Lending Seriously
February 24, 2021 No Comments »

It’s not every day you come across a large-scale independent mortgage lender that has been around since the 1980s, but Amerifirst Financial Inc. fits that description. The Arizona-based company understands that there’s more to the mortgage business than just refinances, ... Read More »

Paying More Today Won’t Lower Future Monthly Mortgage Payments

Paying More Today Won’t Lower Future Monthly Mortgage Payments
February 24, 2021 No Comments »

Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a year after receiving a sizable bonus or tax refund. Whatever the method, you should first ... Read More »

Look for a Mortgage Before You Search for a Home

Look for a Mortgage Before You Search for a Home
February 23, 2021 No Comments »

While it might look and sound counterintuitive at first glance, it could actually make perfect sense. Instead of assuming that home loan financing is just a cumbersome, yet mostly guaranteed step toward the American Dream, understand that it will dictate ... Read More »