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

7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons

7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons
February 23, 2021 No Comments »

When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Today, we’ll compare two popular loan programs, the “30-year fixed mortgage vs. the 7-year ARM.” We all know about the traditional 30-year ... Read More »

AimLoan Review: You Can Check Their Rates and Fees 24/7

AimLoan Review: You Can Check Their Rates and Fees 24/7
February 22, 2021 No Comments »

Today we’ll take a look at American Internet Mortgage, more commonly known as “AimLoan,” which is a streamlined discount mortgage lender that focuses mostly on conforming home loans. Doing so allows them to do what they do best, offer lower ... Read More »

Why Does Everyone Want Us to Pay Down Our Mortgages?

Why Does Everyone Want Us to Pay Down Our Mortgages?
February 22, 2021 No Comments »

You may have come across one of those articles lately that talks about how a couple paid off their mortgage in five years. Or some other absurdly-fast timeline. While it also sounds super enticing and perhaps inspiring, it’s often just ... Read More »

When Should You Start Looking for a House?

When Should You Start Looking for a House?
February 19, 2021 No Comments »

The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or any time thereafter. We’ll get into the specifics in a moment, but there’s really no sense in waiting if ... Read More »

Blue Sky Financial Review: Spend Less Time on Your Mortgage and More Time Outside

Blue Sky Financial Review: Spend Less Time on Your Mortgage and More Time Outside
February 19, 2021 No Comments »

Today we’ll check out “Blue Sky Financial,” whose goal is to save you time and money so you can get outside and enjoy those beautiful blue skies a little bit more. The young company (formed in 2020) refers to itself ... Read More »

Why Do Mortgage Companies Want You to Refinance So Badly?

Why Do Mortgage Companies Want You to Refinance So Badly?
February 18, 2021 1 Comment »

If you already have a mortgage, there’s a good chance you receive junk mail on a regular basis urging you to refinance. You may receive solicitations from both your current bank/loan servicer and from a competing lender or mortgage broker ... Read More »

Do I Qualify for a Mortgage?

Do I Qualify for a Mortgage?
February 17, 2021 No Comments »

Sometimes I tend to skip past the seemingly basic mortgage questions, assuming everyone already knows the simple stuff. Unfortunately, that’s not the case, and what may appear basic isn’t really so straightforward. So let’s talk about qualifying for a mortgage. ... Read More »

Watermark Home Loans Review: Loan Amounts Up to $10 Million

Watermark Home Loans Review: Loan Amounts Up to $10 Million
February 15, 2021 No Comments »

If you’ve been comparing mortgage rates and shopping your home loan lately, you may have encountered “Watermark Home Loans” along the way. They advertise quite a bit on some of the mortgage comparison websites, but aren’t necessarily a household name ... Read More »

Should You Buy a New Home or an Old Home?

Should You Buy a New Home or an Old Home?
February 15, 2021 No Comments »

It’s time for another match-up, this time we’ll compare buying a new home versus purchasing an old one. For the record, some home builders refer to existing homes as “used,” which sounds kind of silly considering we’re talking about a ... Read More »

Assurance Financial Review: So Fast You Can Apply During Halftime

Assurance Financial Review: So Fast You Can Apply During Halftime
February 11, 2021 No Comments »

Today we’ll check out a mortgage lender based in the south by the name “Assurance Financial,” which is headquartered in Baton Rouge, Louisiana. Aside from being fans of LSU, they also say you can apply for a mortgage during halftime, ... Read More »