Buying a home is one of the most exciting and stressful experiences in life A home is more than just four walls and a roof over your head – it represents freedom, security, and a place to build memories with your loved ones. With home prices continuing to rise across the country, getting approved for a home loan can feel intimidating and complicated. That’s why working with the right lender is so important At Freedom Financial, our goal is to provide exceptional mortgage solutions so you can achieve the dream of homeownership.
An Overview of Freedom Financial
Freedom Financial is one of the nation’s leading home lenders, helping millions of Americans buy and refinance their homes. Founded in 1990 and family-owned, Freedom Financial believes homeownership is a pathway to financial freedom. We are dedicated to expanding homeownership opportunities, especially for first-time home buyers, Veterans, and service members.
Our company is driven by a mission to improve our customers’ lives and the communities we serve We aim to find the right home financing solutions for each customer through an unwavering focus and personalized approach Freedom Financial offers competitive interest rates and a wide variety of loan programs to meet diverse financing needs. As a top ten mortgage lender and servicer, we have the resources and expertise to guide you seamlessly through the homebuying process.
Why Choose Freedom for Your Home Loan?
There are many good reasons why Freedom Financial is one of the top choices for home loans Here are some of the biggest benefits we offer borrowers
Exceptional Customer Service
Our dedicated loan advisors provide exceptional customer service by taking the time to understand your unique financial situation. We will answer all your questions, explain your home loan options, and work hard to find the optimal mortgage solution for your needs. You’ll have a knowledgeable advisor to turn to every step of the way.
A Wide Range of Loan Programs
We offer a variety of mortgage products including conventional loans, FHA loans, VA loans, USDA loans, and more. As a leading FHA lender, we have lots of experience helping borrowers with FHA financing. No matter your credit profile or financial circumstances, we likely have a loan that can work for you.
Competitive Interest Rates
As a well-established lender, Freedom Financial has the relationships and capabilities to offer highly competitive interest rates. This helps you maximize savings on your home loan. Locking in a low mortgage rate can result in thousands of dollars in interest savings over the life of your loan.
Smooth Online Tools
Our easy-to-use online tools allow you to apply for a mortgage, upload documents, e-sign disclosures, and more on your own schedule. We make the process as simple and efficient as possible. You can also turn to our loan advisors for personalized assistance at any time.
Dedicated Support
We provide specialized assistance for Veterans through our Freedom for Veterans program. And we are committed to expanding homeownership opportunities for underserved communities. No matter your background, you’ll get the dedicated support you need to become a homeowner.
Ongoing Savings Opportunities
Even after closing on your home loan, we continue providing ways to save through our Eagle Eye and Freedom+ programs. Eagle Eye alerts you when interest rates drop so you can refinance and lower your mortgage payment. Freedom+ connects you with discounts on other services like home insurance.
Overview of Home Loan Options from Freedom Financial
From fast home loan preapproval to closing day, let’s take a closer look at some of the mortgage products and services Freedom Financial offers:
Preapproval and Prequalification
Getting prequalified and preapproved early in the homebuying process is key. Prequalification gives you an estimate of how much home you can afford based on a soft credit check. Preapproval involves fully underwriting your loan upfront so you have a rock-solid mortgage approval when making an offer. Freedom Financial makes it fast and easy to get both done online.
Conventional Loans
Conventional loans are a popular choice because they offer competitive interest rates and more flexible qualifying guidelines than government programs. Freedom Financial offers both conforming and jumbo conventional loans. Jumbo loans are for higher loan amounts up to $3 million.
FHA Loans
FHA loans only require 3.5% down and have more lenient credit requirements than conventional mortgages. They make homeownership attainable for more buyers. Our FHA loan advisors can walk you through FHA requirements and down payment assistance options.
VA Loans
VA loans help eligible Veterans and service members buy a home with no down payment required. We’re ready to match you with the ideal VA loan for purchasing or refinancing. VA loans come with added benefits like no monthly mortgage insurance.
USDA Loans
For low to moderate income borrowers in rural areas, USDA loans are worth considering. They offer competitive interest rates, low or no down payment, and flexible credit guidelines. Freedom Financial is a top USDA lender.
Jumbo Loans
Jumbo mortgages help luxury home buyers secure financing above conforming loan limits – up to $3 million. Our jumbo loan program features low down payments and flexible qualifying based on assets and credit.
Refinancing Options
When rates fall, refinancing with Freedom Financial is a smart way to lower your monthly mortgage payment or tap into your home equity. We offer streamline refis along with cash-out refinancing if you want to take cash out for home improvements, debt consolidation, or anything you choose.
Down Payment Assistance Programs
We also connect eligible buyers with down payment assistance programs offered in your state and local area. These programs provide grants, low interest second mortgages, and other benefits to lower the amount you need to come out of pocket.
No matter which mortgage product fits your scenario, our experienced team will provide exceptional guidance tailored to your home buying goals.
How We Help You Achieve Homeownership
The home buying journey can feel overwhelming for first-time buyers and seasoned homeowners alike. Here is an overview of how working with Freedom Financial streamlines the process:
Getting Prequalified
After a quick initial consultation, we’ll prequalify you for a loan amount based on your income, assets, debts, and credit history. Prequalification helps you home shop within your budget.
Picking the Right Loan Program
Your dedicated loan advisor will explain the different loan programs available and help determine if a conventional, FHA, VA, or other loan is the optimal fit based on your financial picture.
Getting Fully Approved
Prior to making an offer, we’ll preapprove you for a mortgage once you formally apply and we underwrite your full credit and financial profile. Then you can shop and make offers with confidence.
Submitting an Offer
After you find the perfect home and write a solid offer with your preapproval letter attached, we help negotiate the best price and terms on your behalf.
Entering Escrow
During the escrow period, we’ll carefully guide you through inspections, appraisal, title work, and other legal matters required to close on time. We’ll keep you updated on progress each step of the way.
Preparing for Closing Day
As we get closer to closing day, we’ll verify your employment and funds needed for closing costs and down payments. We’ll make sure all i’s are dotted and t’s crossed for your on-time closing.
Becoming a Homeowner
The big day is here! We’ll schedule closing at a convenient location. You’ll sign documents, we’ll disburse funds to the seller, and the house is yours. We’ll even help you change utilities, arrange movers, and handle other details.
We stick by your side from preapproval through the keys in your hand. Our proven process helps make your dream of homeownership a reality.
Why Freedom Financial Is the Right Choice
After reading this overview, I hope you feel confident that Freedom Financial has the mortgage solutions, capabilities, and stellar service to help you buy a home. We bring over 30 years of experience as an established lender people know and trust. Our purchase promise gives you peace of mind that we’ll close your loan on time as planned. Customers rave about our helpful team and smooth process.
Don’t just take my word for it. Check out our 5 star customer reviews and see what real Freedom Financial borrowers have to say. We’d love the opportunity to earn your business and make you a customer for life. When you’re ready to explore home financing options, reach out. Let’s start a conversation about achieving your dreams through homeownership. At Freedom Financial, you’re more than just a loan to us – we truly care about your financial freedom and helping you find the right home loan fit.
First-Time Home BuyersBuying your first home? We offer the guidance you need to get started.
Certified Mortgage Advisor // NMLS #1431347
Hi, I’m Chris! I’ve been a mortgage professional since 2011 and have helped over 2,000 people experience homeownership. I’ve also bought over 100 houses as a real estate investor since 2009. I grew up in a lower class household in a small town where we were on food stamps and sponsored by our church as a family in need. Buying my first home changed my life and I want homeownership to help change yours as well.
Our passion is to help you make informed real estate, mortgage, and wealth decisions by creating a specific mortgage strategy that maximizes your wealth and your wellbeing. Buying a home is likely the largest purchase you will make and also the largest debt you will ever acquire. Being rushed into a mortgage decision by a commission-driven salesperson that does not have your best interest in mind, is not the right thing to do. We have the tools, knowledge, and resources to show you that the lowest mortgage rate is not always the best mortgage strategy. We look to minimize your overall mortgage cost, while simultaneously maximizing the amount of wealth that you build through real estate and other assets. Together, we will navigate the pitfalls of the home buying and mortgage processes, giving you greater confidence and comfort that you’re working with the right Mortgage Advisor.
Prior to venturing into the mortgage industry, I served as an Intelligence Specialist for the US Navy, receiving numerous awards, medals, and certificates, including a Military Excellence Award (the top recruit of over 720) and a Joint Commendation Medal for meritorious service in Iraq supporting Joint Special Operations Command. I graduated from Central Washington University with a Bachelor’s Degree in Economics and a Minor in Business Administration.
We help make educated mortgage decisions to build long-term wealth for you and your family!
Most people find that mortgage financing is complicated and confusing. We help you buy your dream home by simplifying the mortgage financing process with personalized loan options that save you time and money.
Accelerating Home Loan Payoff to Unlock Financial Freedom – Episode 50
FAQ
Is Freedom Mortgage a good bank?
Why is Freedom Mortgage being sued?
What is going on with Freedom Mortgage?
Is it hard to get a loan with Freedom Mortgage?
Does Freedom offer mortgage rates?
Freedom offers a range of home loan options, but mortgage rates are not available on its website. The lender was penalized for providing illegal incentives for mortgage referrals.
Who is Freedom Mortgage?
Freedom Mortgage is an equal-opportunity lender and employer that’s committed to workforce diversity and dedicated to expanding homeownership. We believe that an inclusive culture binds us together, makes us stronger, and helps us connect to the customers we are honored to serve.
Does Freedom offer a home equity loan?
Freedom offers a range of home purchase and refi options, but no home equity loans, and mortgage rates aren’t available on its website. The lender was penalized for providing illegal incentives for mortgage referrals. Purchase, Refinance, Jumbo, Fixed, Adjustable, FHA, VA, USDA Offers conventional, FHA, VA, USDA and jumbo loans.
Is Freedom a good mortgage servicer?
Freedom received a score of 585 out of 1,000 in J.D. Power’s 2023 U.S. Mortgage Servicer Satisfaction Study. The industry average for servicing is 601. (A mortgage servicer handles loan payments.) Freedom received a customer rating of 4.83 out of 5 on Zillow, as of the date of publication. The rating reflects more than 1,860 customer reviews.