Protecting your Identity: Why it is different this time

Much has been written about the Equifax breach, yet many are still confused and hesitant to take steps due to misunderstanding or misinformation. As evidence, an alarmingly small percentage of consumers have frozen their credit since the breach. On the plus side, Equifax just announced that they will offer credit freezes free for life, a welcome gesture but still [...]

Protecting your Identity: Why it is different this time2018-07-21T16:26:35+00:00

Top Ten Homebuyer Mistakes

If you're like most people, buying a home is the biggest investment you'll ever make. Annual mortgage, taxes and insurance costs can range from 25% to 40% of your gross annual income. You're on your way to protecting yourself, and making the home-buying process easier by becoming an informed consumer. Read, talk to family, friends [...]

Top Ten Homebuyer Mistakes2018-07-21T16:29:03+00:00

Less Than Perfect Credit?

At Freedmont Mortgage, we understand that dealing with life's challenges may lead to falling behind on payments. That's why we offer special financing programs for customers who may have difficulty qualifying for traditional mortgage loans. Freedmont Mortgage offers: Flexible qualifying guidelines. Choose from a variety of refinance and purchase options, including fixed and adjustable-rate (ARM) [...]

Less Than Perfect Credit?2018-07-21T16:34:28+00:00

Avoid Mortgage Mistakes

You can borrow too much or prepare too little. You can misjudge terms or overestimate your credit. With so much at stake, it’s no wonder so much can go wrong. By Liz Pulliam Weston Applying for a mortgage can be a daunting experience. It's not enough that you're agreeing to take on the biggest debt [...]

Avoid Mortgage Mistakes2018-07-21T16:35:15+00:00

Protect Yourself From Identity Theft

To not become a new victim of this terrible crime, always be aware of your personal info. It could take a few years and thousands of hours to fix what a criminal can do in just a few minutes! Shred any documents you receive that contain any personal information. This includes credit card receipts and [...]

Protect Yourself From Identity Theft2018-07-21T16:49:27+00:00

Glossary of Terms

Adjustable Rate Mortgage (ARM): A mortgage loan with an interest rate that changes periodically. The change in rate is based upon the changes in a specified index . The frequency of change is usually every 6 months or every year but differs from loan program to loan program. Adjustment Date: The date that the interest [...]

Glossary of Terms2018-07-21T16:54:57+00:00