Unless you are a professional in the real estate industry, you probably have many questions when it comes to buying a home. But having a list of questions is just the start—knowing the answers to your questions puts you ahead of the game. To help ground you in this long and nuanced process, here are [...]
Have you ever wondered, “how many times will a mortgage lender pull my credit?” The answer varies from person to person, but here's what you can generally expect. An initial credit inquiry during the pre-approval process. A second pull is less likely, but may occasionally occur while the loan is being processed. A mid-process pull if any discrepancies are found [...]
With more than $1.75 trillion in student loan debt in the United States, borrowers are hunting for forgiveness opportunities. Although some forgiveness is offered to teachers and public servants in certain positions, these options are not available to everyone, leaving many looking for a solution. Student loans prohibit borrowers from making significant life decisions, such [...]
The Veterans Affairs (VA) Home Loan Program offers housing assistance to veterans by allowing them and their families to qualify for federally guaranteed homes with zero down payment. Although this program has benefited many of our country’s military personnel, like other loan programs, there are several requirements that the borrower must meet to qualify for [...]
Freedmont Mortgage Group CEO Carl Delmont appeared on the Broadcast Retirement Network and shared some home-seller tips with rates improving and the market is starting to heat up!
As the weather starts to warm up, homeowners might begin thinking about home improvement projects. That’s why May is National Home Remodeling month! Owning a home is one of the biggest investments you’ll make, so it’s important to keep up with home maintenance.
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 not enough.
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 Group, 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 Group offers: Flexible qualifying guidelines. Choose from a variety of refinance and purchase options, including fixed and [...]
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 [...]