Applications Closing December 2021


Homeowners are advised to take advantage of a new Mortgage Stimulus Program before it’s gone. This is likely to be the largest benefit program American homeowners have seen.

This Stimulus Program is aimed to help average American citizens and stimulate the economy. Utilizing this new service could get homeowners $271 /mo* or $3,252* per year!

Banks do not want homeowners to know about these programs as they can greatly lower mortgage payments through this simple Government-backed solution.

We recommend checking your eligibility as soon as possible before deadlines are announced or requirements are changed.

To see if you live in an active zip code, just click below.


¹ –

* – Based on Median Home Equity of Americans aged 45 to 54 of $70,000 (U.S. Census Bureau)

Table of Contents

Freedmont Mortgage Review

One Of Marylands Oldest Licensed Mortgage Firms

Freedmont Mortgage Company founded in 1992 has grown into one of the largest mortgage lenders in Maryland.

Freedmont Mortgage Company is a part of the Freedmont Financial Services Group, headquartered in Hunt Valley, MD.

Freedmont specializes in home loans for both purchase and refinancing purposes, emphasizing servicing customers from all occupations, including those who find themselves outside the traditional mainstream credit-worthy category.

Freedmont offers services to help people buy or refinance their first homes, as well as helping those seeking higher levels of financing such as jumbo mortgages and non-conventional loans. They also offer student loan assistance programs combined with your new home loan to make homeownership possible.

Unique Features Freedmont Mortgage Group Offer

Do Not Call Policy

Freedmont mortgage upholds the rights of consumers by restricting any unwanted third-party contact, including phone conversations. They will not make sales-related calls to anyone that has stated a desire not to receive them. They only contact a list member in the following circumstances:

When they need to obtain updated information and verify that your request has been satisfactorily completed.

You have previously given them specific instructions not to contact you again or in an emergency, such as a hurricane warning.

Freedmont Mortgage Company respects their customers’ requests not to be called and has instituted certain procedures accordingly. Employees receive training before making any phone calls.

Texas Consumer Disclosure

Freedmont Mortgage offers consumers to file a complaint against a mortgage banker or a licensed mortgage banker to complete and send the Texas Department of Savings and Mortgage Loan Origination form.

The Department holds a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators.

File a written application for reimbursement from the recovery fund and investigate by the Department before paying a claim.

Accessibility Statement

Freedmont mortgage is committed to helping customers find the products and services they need. They comply with all applicable standards, including WCAG 2.0 accessibility standards up to Level AA as it seems appropriate. The law, WCAG standards, and other accessibility requirements might change from time to time; therefore, we strive to keep content online updated. You can contact the mortgage to work with you to provide information for access and compliance requirements as outlined by applicable law.

Educating Home Owners

Home buying has become increasingly complicated in recent years. With a wide range of loan products available and increased government regulations, homebuyers need to be well informed when navigating the sometimes difficult process of finding the right mortgage.

Freemont mortgage educates its clients through videos and other various ways where you will learn:

Available programs for purchase and refinance loans.

The importance of your credit score during the loan application process

How to work with different lenders and the parties involved in the mortgage process from application to closing, among other important information.

We Recommend Freedmont Mortgage For the Following

A home mortgage is one of the most crucial financial decisions you will ever make. You can talk to Freedmont mortgage, who has experienced staff, about different ways to assist with your financing needs. You will be able to take advantage of a variety of options and find the loan that best suits your specific need:

Fixed-Rate Mortgages Freed

Fixed-rate loans are the most popular in-home financing due to their security. The most popular loan program is the 30-year fixed, and it is available in 20-, 15-, and 10-year terms as well. Fixed-rate mortgages allow you to:

Refinance your home at a lower interest rate and have the same monthly payment.

You also do not need to worry about increasing rates for as long as you own your home, so this loan is perfect if rising mortgage rates are causing stress in your life. Freedmont’s fixed-rate loans start at just under four percent, so Freedmont can help you find the perfect mortgage for your budget.

Fixed-rate mortgages are great if:

You have a low credit score and need to rebuild it,

You’re concerned about interest rates increasing in the future or want to lock in today’s rates for security

If this sounds like you, Freedmont is ready to help.

Adjustable-Rate Mortgages Freed

Fixed-rate mortgages are most popular for people with a steady income because they lock in your interest rate and monthly payment. One of the drawbacks to using an ARM is that in uncertain economic times, the loan’s interest rates can undergo a significant change, which could mean making changes to your budget.

Mortgages with adjustable rates benefit from saving money during the initial period by offering lower mortgage payments than a fixed-rate loan would over the same period. If you intend to refinance or sell your property in an expected timeframe, an adjustable rate may be a good choice for you.

Hybrid ARMs have an initial fixed rate for a certain period, after which the interest rate adjusts according to prevailing market rates. Interest is capped at a set amount during the adjustable phase of your loan.

FHA Loans Freed

Federal Housing Administration (FHA) loans are government-owned institutions that offer affordable mortgage financing with fixed rates for first-time homebuyers and other high-risk borrowers and provide more flexibility.

FHA Loans reduce the cash required to purchase a home by allowing for as little as 3.5% down. This means you will need significantly more time to save up your money, but this program helps make buying your own home possible with just a low monthly expense.

FHA loans also can refinance your current FHA loan with no appraisal and potential streamlining of the application process.

VA Loans Freed

If you are a veteran, member of the military, or surviving spouse of an individual in one of these groups, then this is for you. If so, VA loans offer many opportunities. You can borrow up to 100% of a home’s value and put no down payment down. You have heard it before.

Lowered rates and payments are now possible with a VA Loan of $0 down. It does not matter if you have not had good credit in the past because one simple qualifying requirement makes all the difference – active service in any Armed Forces branch. Backed by the US government the loan has less stringent qualification guidelines.

Reverse Mortgages Freed

A reverse mortgage is a loan that takes equity from the borrower’s home and provides them with cash. Secure the amount of money via the loan expires once the property’s last owner leaves it.

Reverse Mortgages Advantages include:

Allows you to remain independent with your homeownership.

You will not need to make any more mortgage payments as they go towards the house being rented out.

The money you receive from a reverse mortgage is tax-free, among other advantages.

USDA Home Loans Freed

To qualify for a USDA loan, you must meet these requirements:

Where You Live? A Freedmont Mortgage Loan Officer can check if your property is a USDA loan designated. The goal of this program is to help rural communities thrive by making land and property more affordable.

Credit Worthiness. When reviewing your credit, the major factors are how often you make payments on time and any new blemishes on your record within the past 24 months.

Income. USDA loans typically require two years of demonstrated employment and income. Exceptions such as students can apply for USDA loan eligibility.

203k Home Renovation Loans.

If you are interested in fixing up a fixer-upper or renovating your current home, an FHA 203k rehab loan might be right for you. Combining the funds needed to buy and repair a house with the funds necessary for a mortgage, this type of loan will accommodate your needs by providing both money and stability.

Acceptable improvements include:

These are changes to the structure of your home, such as repairing and chimney repair or adding on a second bathroom.

Changes to improve the function, condition, and appearance.

Remove health and safety hazards

Improve your home’s aesthetic appeal with a new stair railing, balcony, or turret.

They provide reconditioning or replacement of plumbing, heating, and air conditioning. Including connecting to public water and sewer systems.

Conservation improvements (e.g., new double-pane windows, steel insulated exterior doors, insulation, caulking and weather stripping, etc.).

Improve your condominium’s landscaping and site amenities, for example, adding patio seating or installing a new driveway.

Improvements to a house for wheelchair access (e.g., additional doorways or remodeling kitchen and baths).

Who Should Use Freedmont Services?

Freedmont is one of the best companies for those who have VA loans and want to lower their monthly payments, or Freedmont might also be a great option for first-time homebuyers looking for 100% financing with no down payment.

Freedmont Mortgage Review Freedmont offers many mortgage options ideal for veterans that need help lowering their monthly payments or refinancing their VA loans. Freedmont works hard to provide quality customer service and competitive rates, including no-fee mortgages for those who qualify.

Freedmont’s rates vary depending on loan type from as low as 0.75% for purchase and fixed-rate mortgages starting at just under seven percent and going up from there depending on the term length you choose. Freedmont also offers discounted rates in celebration of their anniversaries.

Business Review Grades (, yelp, etc. what are people scoring them with and saying about them)

Freedmont Mortgage has a BBB rating of A+ with zero complaints and Better Business Bureau (BBB) accredits them. Rated on Yelp at five stars with only one review, but that reviewer left an excellent comment about their service: “great rates and customer service.”

Freedmont has a Facebook page with over 800 likes, and Alexa ranks Freedmont Mortgage’s website,, as the 190th most visited site in the United States.

Frequently asked questions about Company

The inquiries at Freedmont Mortgage include:

Is Freedmont licensed? Freedmont has an active license in California, AND they have been servicing customers nationwide for many years.

Can Freedmont help me with my VA loan? Yes, Freedmont offers discounted rates in celebration of their anniversaries. Freedmont is a Veteran’s Administration (VA) approved lender and has been servicing VA loans for many years. Freedmont offers 203k home renovation loans, RD Guaranteed Loans and RD Insured Home Loans, and 203k Home Improvement Loans.

What are Freedmont’s rates? Freedmont offers discounted rates in celebration of their 25th Anniversary! Freedmont’s rates vary depending on loan type from as low as 0.75% for purchase and fixed-rate mortgages starting at just under seven percent and going up from there depending on the term length you choose.

Does Freedmont offer international financing? Yes, Freedmont is able to service your international financing needs by working with our global network of lenders. Freedmont can provide you the best rates and terms for your international financing needs, whether it be a purchase or refinance.

Contact Information (Phone Number & Additional Details)

You can contact freedmont through the Freedmont’s phone number is 800-955-8508 410-628-0500, or 410-628-6169 which are headquarters numbers. Reach Freedmont through the email at

Freedmont also has a website at, and you can find them on Facebook with over 800 followers. On Twitter at Freedmont Mortgage, they have thousands of followers and respond to customers’ questions. You can locate their building through 50 Scott Adam Road, Second Floor Hunt Valley, Maryland 21030.

More Lenders Reviewed:

True Mortgage Reviews

Fbc Mortgage Reviews

Semper Home Loans Reviews

Credible Mortgage Refinance Reviews

Innovative Mortgage Alliance Review

Blue Spot Home Loans Review