Freedom Mortgage is an independent national mortgage company, founded in 1990 and recognized as one of the largest in the industry in the United States. Specializing in loan origination and servicing through retail, wholesale, correspondent, and commercial channels, the company operates in all 50 states. It has a strong presence in FHA loans, VA loans, and renovation projects, ranking as a leading lender in these categories.
Its reach includes servicing a portfolio of more than 2.5 million mortgages, totaling over $625 billion in assets. Learn more about what the company offers and how to request a quote!
Key Features
Freedom Mortgage stands out for its broad expertise in VA loans for veterans and FHA federally backed programs, leading the market in the number of transactions in these categories.
It also provides options for first-time homebuyers, refinancing, and renovation programs with draw management.
As a loan servicer, the company has also received notable awards, including the Fannie Mae STAR Performer for service performance and the Freddie Mac RISE award.
Main Advantages
One of Freedom Mortgage’s biggest strengths is its specialization in services for military members, veterans, and borrowers with limited resources, helping expand homeownership access in these groups.
The company also shows a strong commitment to social responsibility through initiatives like Team Freedom Cares, which involves volunteer work and donations, reinforcing its positive community impact.
In addition, its omnichannel presence, with origination, active servicing, and nationwide scale, provides efficiency, resources, and regional support, benefiting customers in diverse markets.
Rates and Terms
Freedom Mortgage’s interest rates and terms depend on credit evaluation and vary based on the borrower’s profile, loan type, amount financed, and repayment period.
As a standard practice, the company provides a Loan Estimate within three business days of a loan application. This document details rates, upfront costs, and terms, and it is valid for 10 days. That’s why getting a personalized quote from a loan advisor is essential.
Who Is It For?
Freedom Mortgage is a strong choice for veterans and active military members, thanks to its expertise in VA loans. However, that is not its only audience.
First-time buyers who qualify for FHA programs or need special support may also find this lender appealing. Likewise, homeowners seeking refinancing or structured renovation financing can benefit from Freedom Mortgage’s tailored services.
In general, clients who value nationwide coverage and regional presence will find advantages here.
The company does not impose overly strict eligibility requirements, allowing even borrowers with fair credit scores to request a quote. Still, personalized applications are necessary to confirm rates and approval.
How to Apply for Freedom Mortgage
The financing process with Freedom Mortgage can begin online with pre-qualification and digital document submission. A Loan Advisor then reaches out to guide applicants through the next steps and answer questions. Payments can be made through the website, app, phone, or mail, and the company also offers assistance programs for customers facing financial hardship.
Is Freedom Mortgage Worth It?
Freedom Mortgage is particularly attractive for borrowers who want easier access to VA and FHA programs and prefer personalized services. Its large-scale origination and servicing capacity, combined with its strong reputation with government-backed lenders, makes it a reliable choice.
Many customers praise its easy payment process and user-friendly digital platform, which increases trust and satisfaction among borrowers looking for refinancing options.
In summary, Freedom Mortgage may be worth considering if you fit into its target borrower profiles and want to take advantage of its federal loan programs and nationwide services. However, it’s important to follow each step carefully and review the terms closely to maximize the benefits offered.
All information in this and other US PIXIN articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.
REFERENCES:
https://www.freedommortgage.com/
Read more about loans in https://us.pixin.com.br/category/loans/
