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Consumer guide to mortgages, financing, credit, moving and remodeling. Outlines requisite credit history, costs associated with homeownership, with separate sections addressing associated costs and myths about owning a home.
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Freddie Mac's Online Guide to the Homebuying Process
Is Homeownership Right for You?
The answer depends on your financial situation, your future plans, and what you hope to do for yourself and your family by buying and owning a home.
Let's start with your financial situation. Ask yourself the
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Information about refinancing and loan modification options available under the Home Affordable Refinance Program.
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The Home Affordable Modification Program requires borrowers to enter into a Trial Period Plan before receiving a permanent Home Affordable Modification. Read about important deadlines and more.
Please use the self-assessment tools provided on this website
to see if you are among the 7 to 9 million
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A step-by-step guide through the home loan process.
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Choosing the Right Lender
The lender that offers the lowest interest rates may not be the most suitable for you. Always look at the entire loan package that the lender is offering.
Is the lender charging you considerably higher fees (points, origination fees)?
Is the lender approved in your local
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