Compare Loan Estimates, not advertised rates
An advertised rate may assume points, a short lock or a perfect file. Ask for a Loan Estimate for the same program and lock period from each lender and compare the rate, the lender's charges and the APR.
Tips
Mortgage tips
Shopping for a mortgage can feel overwhelming, especially the first time. These short tips cover what matters most, with links to more detail.
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- Direct, licensed mortgage lender
- NMLS #103098
- Equal Housing Lender
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Fidelity Residential · NMLS #103098 · Equal Housing Lender
- Direct, licensed lenderNMLS #103098. Check our licences on NMLS Consumer Access.
- A licensed loan officerA real person reviews your file and answers your questions.
- Plain-English guidesShort answers to the questions borrowers ask most.
- Apply online or by phoneStart a quote, apply online or call 732-686-9999.
Shopping
Shopping for a loan
Get your documents ready
Gathering pay stubs, statements and tax returns early saves time. See the document checklist.
Get your rate lock in writing
A written lock shows the rate, any points or credit, the program and the date the lock ends.
Refinancing
Refinancing
Know your break-even point
Divide the cost of the refinance by the monthly saving to see how many months it takes to pay off. Try the Should I refinance? calculator.
Consider moving to a fixed rate
If your adjustable rate is about to change, a fixed-rate refinance can give you a steady payment. Compare the new payment with what yours could become.
Use your equity carefully
A cash-out refinance can pay for improvements or pay off debts, but it adds to the loan on your home.
Owning
Owning your home
Why you need title insurance
A lender's title policy protects the lender against hidden problems with ownership; an owner's policy protects you, for as long as you own the home.
Why mortgage rates change
Mortgage rates follow the bond market, which reacts to inflation, the economy and the Federal Reserve. See why do mortgage rates change?
Check whether your mortgage insurance can end
On a conventional loan, you can ask to remove PMI once you have paid the balance down far enough. See can I get rid of PMI?
More
More resources
Have a question we did not answer?
Talk it through with a licensed loan officer, get a quote, or apply online.
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.