What types of mortgage loans does Freedom Mortgage offer?

Freedom Mortgage offers a variety of mortgage loan options to meet the diverse needs of its clients. One of the primary types of loans available is the conventional mortgage, which is not insured or guaranteed by the federal government. These loans are often preferred for their flexibility and competitive interest rates. Freedom Mortgage also provides options for government-backed loans, including Federal Housing Administration (FHA) loans, which are designed for low to moderate-income borrowers and those with less-than-perfect credit. Veterans can benefit from VA loans, which are guaranteed by the Department of Veterans Affairs and often require no down payment. Additionally, Freedom Mortgage offers United States Department of Agriculture (USDA) loans for eligible rural and suburban homebuyers. For clients looking to refinance their existing mortgages, Freedom Mortgage presents several refinancing options as well, including cash-out refinancing and rate-and-term refinancing. Each of these options is tailored to fit a variety of financial circumstances and homeownership goals. For the most accurate and current information on mortgage loans available, visiting Freedom Mortgage's website is recommended.