Tips, trends and insights for homebuyers like you.
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What does “primary residence” mean when getting a mortgage?
A mortgage for a primary residence is the loan you get for the place you actually call home, not an investment property or a second home. It’s where you live day-to-day. The primary residence property classification determines your rates, down payment requirements, and loan programs available to you. Lenders typically give better interest rates and Read more
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2025 mortgage interest rate forecast
See how Tomo Mortgage’s head of Capital Markets breaks down the latest mortgage rate forecasts, predictions, and outlooks for 2025. Read more
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What is debt-to-income ratio (DTI) in a mortgage?
DTI measures how much of your income goes toward debt payments. Lenders use this ratio to assess your financial stability and determine your ability to handle… Read more
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Why Is My Closing Date Moving? A Guide to Mortgage Delays and What Can Cause Them
You found the house. You survived the inspection. You told everyone your closing date is on the 15th. And then… you’re not closing on the 15th.… Read more
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Best Mortgage Lenders With the Lowest Rates in 2026, According to Real Data
Most mortgage rate comparisons are built on advertised rates, numbers lenders carefully calibrate to look competitive while burying the real cost in points, fees, and assumptions… Read more
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What is a mortgage origination fee?
If you are in the process of shopping around for a lender, or just curious about the home buying process as a whole, you’ve likely heard… Read more
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Why Do You Have to Pay for a Home Appraisal Upfront? (And What It Costs)
Here’s the deal: when you’re buying a home, your lender isn’t just handing you a loan without making sure the house is actually worth what you’re… Read more
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How to calculate your monthly mortgage payment like a pro
So, you’re ready to dive into the world of homeownership—congrats! Before you start picturing that dream kitchen, though, it’s time for a quick reality check: your… Read more
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Conditionally approved? What does it mean?
Getting conditionally approved means the lender has reviewed your loan application and things are looking good, but they still need to check a few things before… Read more
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What happens after you submit your mortgage application
Once you submit your application it goes to underwriting. Underwriting is about making sure the details of your loan, the property, and your financial situation align… Read more
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Tomo Mortgage Review 2026: Lower Rates, Zero Fees, Faster Close
See what real customers say about Tomo Mortgage, including star ratings, the loan process, rates, pros, cons, and how Tomo compares to other lenders. Updated for… Read more
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Tomo Mortgage Refinance: Competitive Rates, $0 Lender Fees, Open to All Homeowners
If you bought your home in the last few years, there’s a good chance refinancing could meaningfully lower your monthly payment. Tomo Mortgage offers refinance options,… Read more
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Understanding Your Section B Closing Costs at Tomo Mortgage
Quick answer: Section B on your Loan Estimate is a list of required third-party fees (appraisal, credit report, fraud verification, and more) that your lender doesn’t… Read more
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Cadence Bank Review 2026: Low Rates, Inconsistent Service
Cadence Bank is in a post-merger identity crisis. The 2021 combination of Cadence Bancorporation and BancorpSouth created what customers now describe as a “service lottery”—whether your… Read more