MONT-LAUREL, NJ, March 17, 2021 / PRNewswire / – Freedom Mortgage, one of the nation’s largest full-service mortgage companies, was ranked number one among VA and FHA (government insured) lenders in the country, funding more VA and FHA loans in 2020 than any. another lender, according to Inside Mortgage. Financial review.
Stanley C. Middleman, Founder and CEO of Freedom Mortgage, attributed the ranking to the company’s dedication to providing special expertise and assistance to help military borrowers and first-time homebuyers find the best mortgage option for their needs. their financial needs.
“Many Americans are unaware that there are a variety of government guaranteed loans that they can take advantage of to finance their first home with very little or no down payment,” Middleman said. “It is an honor to help more homeowners with their VA or FHA loans than any other lender in the country.”
Inside Mortgage Finance has rated the Top 100 Mortgage Companies in a number of categories since 1998. Total volume for each company includes Purchase Loans, Reduced Interest Rate Refinance Loans (IRRRLs), and cash refinancing loans made over the past year.
In 2020, as interest rates fell to historic lows, Americans quickly seized the opportunity to refinance or buy their first home through FHA and VA loans. Many servicemen, veterans, and borrowers with low down payments have taken advantage of these government-offered loans to lower their monthly payments or use their home equity for purchases or to pay off debt.
“Low interest rates and limitations due to the pandemic have encouraged many people across the country to improve or expand their living spaces,” Middleman said. “We are committed to helping our many customers buy a home or expand their living space when they need it most.”
Last year, Freedom Mortgage generated a total of $ 72 billion in VA loans and $ 35 billion in FHA loans. Compared to 2019, Freedom Mortgage’s 2020 VA loan volume increased 290% and its FHA loans increased 120%.
In addition to providing real estate financing, Freedom Mortgage actively supports needy communities and service members, veterans and their families through Team Freedom Cares, the employee engagement and philanthropy program of the business.
For more information on obtaining or refinancing an FHA loan, visit www.freedommortgage.com/fha-loans. For more information on obtaining or refinancing a VA loan, visit www.freedommortgage.com/va-loans.
About the Liberty Mortgage Company
Founded in 1990 and based in Mont Laurel, New Jersey, Freedom Mortgage is a full service mortgage company providing mortgages through retail, wholesale and correspondent channels. One of the largest principals and loan managers in the country, the company is licensed in all 50 states, the District of Colombia, Porto Rico, and the US Virgin Islands. Freedom Mortgage is the # 1 VA and # 1 FHA (government insured) lender in the United States (Inside Mortgage Finance, 2020) and one of the USO’s mortgage industry’s biggest philanthropic supporters of Pennsylvania and Southern New Jersey. The company is also renowned for its dynamic work environment where its team members can flourish. The company’s mission is to promote homeownership for all clients across America. For more information, please visit FreedomMortgage.com.
LIBERTÉ MORTGAGE COMPANY CONTACTS:
Henri drennan, Strategic advantage
SOURCE Liberty Mortgage