Houses and townhouses
An estimated 62.2 percent of homes are single detached houses, and 16.8 percent are single-family homes attached to their neighbors, such as townhouses.
Freehold Township, Monmouth County
Mortgages for your next move in Freehold Township, NJ
From a townhouse to a larger house, from a larger house to something smaller, or a new mortgage on the home you have: Fidelity Residential finances Freehold Township homes for buyers and owners. We are a direct, licensed mortgage lender with our New Jersey office on Route 36 in West Long Branch.
- Direct, licensed mortgage lender
- NMLS #103098
- Equal Housing Lender
What is your next move?
Pick the closest, or call and talk it through.
Fidelity Residential · NMLS #103098 · Equal Housing Lender
Freehold Township housing
Townhouses, family houses and settled owners
Freehold Township has about 35,700 residents and about 13,400 homes, according to the Census Bureau’s American Community Survey estimates for 2020 to 2024. An estimated 83.7 percent of occupied homes are lived in by their owners.
Two bedrooms, or four and more
About four homes in ten have four or more bedrooms, and an estimated 29.0 percent have two.
Mostly from the 1960s to the 1990s
About 77 percent of homes were built between 1960 and 1999, and about 44 percent in the 1980s and 1990s alone. About 2 percent were built before 1950.
Many settled owners
About 46 percent of households have lived in their home since before 2010. Of about 11,000 owner-occupied homes, an estimated 66.0 percent have a mortgage.
Fidelity Residential is a direct mortgage lender licensed in New Jersey under a Residential Mortgage Lender License. Our local office is at 121 NJ-36, Suite 230, West Long Branch, and our licensed branch is at 1 Yorktowne Drive, Manalapan, close to Freehold.
Your next home
Townhouse to house, or house to townhouse
Whether you are moving up or moving on, each program has its own rules for the down payment, mortgage insurance and the kind of home. A loan officer can compare them for your situation.
Conventional loans
A loan that follows Fannie Mae or Freddie Mac rules and is not insured by the government, with a fixed or an adjustable rate. With a smaller down payment the loan usually carries private mortgage insurance.
Home purchase loansJumbo loans
For a loan larger than the conforming limit set each year for the county. Each program sets its own rules for the down payment, credit and the savings you keep after closing, and the rules tighten as the loan grows.
Jumbo loansVA loans
For eligible veterans, service members, Reserve and National Guard members and certain surviving spouses. VA, not the lender, decides eligibility, and there is no monthly mortgage insurance.
VA loansTalk to a loan officer before you make an offer, so you know your price range and your cash to close, and share your contract dates so we can plan around them. A home equity line or loan can also be opened at the same closing as the new first mortgage.
Staying put
If you are staying: change the loan, or borrow against the home
Change the loan you have
A refinance is a new mortgage that pays off the one you have, to change the interest rate, the length of the loan or both, or to move from an adjustable to a fixed rate. Weigh what it costs against the change in your payment.
Refinance optionsBorrow and keep your mortgage
A HELOC or a home equity loan can be secured by a house, a condominium, a townhome or a small multi-unit property. Both sit behind your first mortgage, which stays exactly as it is.
HELOCs and home equity loans in New JerseyCash-out refinance
If you would rather replace your first mortgage with a larger one, a cash-out refinance does that and pays you the difference at closing.
Cash-out refinance
Questions
Questions from Freehold Township buyers and owners
Do you lend in Freehold?
Yes, in Freehold Township, Freehold Borough and the rest of New Jersey. Fidelity Residential is a dba of PFN Lending Group, Inc. (NMLS #103098), which holds a New Jersey Residential Mortgage Lender License. You can check the licence on NMLS Consumer Access (opens in a new tab).
Where is your office?
Our office is at 121 NJ-36, Suite 230, West Long Branch, NJ 07764, and our licensed branch is at 1 Yorktowne Drive, Manalapan, NJ 07726, close to Freehold. Call 732-686-9999 to talk with a licensed loan officer.
Can I borrow against a townhouse?
Yes. A HELOC or a home equity loan can be secured by a house, a condominium, a townhome or a small multi-unit property, and sits behind your first mortgage, which stays exactly as it is.
What is a jumbo loan?
A loan larger than the conforming limit set each year for the county. Each program sets its own rules for the down payment, credit and the savings you keep after closing. Most programs ask for full income documents, and larger loans may need two appraisals.
Who decides whether I can use a VA loan?
VA, not the lender, decides eligibility. VA loans are for eligible veterans, service members, Reserve and National Guard members and certain surviving spouses. For a VA loan you need your Certificate of Eligibility, and we can usually request it for you.
Should I refinance, or keep my mortgage and add a line?
A cash-out refinance replaces your mortgage with one new, larger loan and pays you the difference at closing. A HELOC keeps your first mortgage as it is and adds a line behind it. If your first mortgage has terms you want to keep, a line or a home equity loan leaves it in place.
Talk with a loan officer near you
Get a quote online, or call us and talk it through with a licensed loan officer.
What happens next
- Tell us about your loan. A few quick questions about the property and the loan you want. No credit check to start and no obligation.
- A licensed loan officer reviews your answers and follows up with you, usually within one business day.
- This is a request for a quote, not a loan application and not a commitment to lend.
This page is general information, not a commitment to lend. Programs, terms and eligibility depend on credit, income, property and underwriting review and are subject to change without notice.
Reviewed by Robert Shamie, CEO, NMLS #241428 · Last reviewed:
Fidelity Residential (PFN Lending Group, Inc., NMLS #103098) is a direct mortgage lender licensed in 40 states and the District of Columbia, with 26 years in business.