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 [...]

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) [...]

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 [...]

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 [...]

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 [...]