Freedom Mortgage

OverviewSuggest Edit

Freedom Mortgage is a mortgage lender and servicer. It provides personalized mortgage solutions, including VA loans, such as VA home loan purchase, VA refinance, and VA cash out refinance. The company is dedicated to fostering homeownership.
TypePrivate
Founded1990
HQMount Laurel, NJ, US
Websitefreedommortgage.com
Employee Ratings3.9
Overall CultureA-

Latest Updates

Employees (est.) (Jul 2021)5,734
Job Openings281
Revenue (Y, 2017)$1.2 B(+10%)

Key People/Management at Freedom Mortgage

Bev Thorne

Bev Thorne

Chief Marketing Officer
Stan Middleman

Stan Middleman

President, Chief Executive Officer
Derrick Krout

Derrick Krout

SVP, Sales
Mike Patterson

Mike Patterson

Executive Vice President - Chief of Staff
Sonya Harris

Sonya Harris

VP, Human Resources
Karli Hisler

Karli Hisler

Director of Corporate Events & Sponsorships
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Freedom Mortgage Office Locations

Freedom Mortgage has offices in Mount Laurel, Indianapolis, Chicago and Pasadena
Mount Laurel, NJ, US (HQ)
907 Pleasant Valley Ave
Indianapolis, IN, US
Castleton
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Freedom Mortgage Financials and Metrics

Summary Metrics

Founding Date

1990
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Freedom Mortgage Revenue

Freedom Mortgage's revenue was reported to be $1.2 b in Y, 2017 which is a 9.1% increase from the previous period.
USD

Revenue (Y, 2017)

1.2b

Revenue growth (Y, 2016 - Y, 2017), %

9.1%
USDY, 2015Y, 2016Y, 2017

Revenue

762.2m1.1b1.2b

Revenue growth, %

44%9%
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Freedom Mortgage Operating Metrics

May, 2019

Mortgage Servicing Rights Portfolio

$209 b
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Freedom Mortgage Acquisitions / Subsidiaries

Company NameDateDeal Size
J.G. Wentworth Home LendingAugust 01, 2019
RoundPoint Mortgage Servicing CorporationMay 24, 2019

Freedom Mortgage Online and Social Media Presence

Embed Graph

Freedom Mortgage Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A-

    74/100

  • Compensation

    C+

    66/100

  • Diversity

    C+

    67/100

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Freedom Mortgage News and Updates

Freedom Mortgage Announces Winner of the 2021 Celebrate Freedom Award

BOCA RATON, Fla., July 6, 2021 /PRNewswire/ -- Freedom Mortgage, one of the largest full-service mortgage companies and the top VA and top FHA (government-insured) lender in the U.S., has named Brent Evanoff of Nebraska this year's winner of its Celebrate Freedom Award. Evanoff was...

Freedom Mortgage Becomes Nation's Top VA and FHA Lender Through Commitment to Helping Veterans and Underserved Borrowers

MOUNT LAUREL, N.J., March 17, 2021 /PRNewswire/ -- Freedom Mortgage, one of the nation's largest full-service mortgage companies, has been ranked the number one VA and FHA (government-insured) lender in the country, funding more VA and FHA loans during 2020 than any other lender,...

Freedom Mortgage Becomes Nation’s Top VA and FHA Lender Through Commitment to Helping Veterans and Underserved Borrowers

Company ranked the #1 VA and #1 FHA Lender in the U.S. in 2020 according to Inside Mortgage Finance Company ranked the #1 VA and #1 FHA Lender in the U.S. in 2020 according to Inside Mortgage Finance

Freedom Mortgage Takes Important Steps to Assist Borrowers and Communities Impacted by COVID-19

MARLTON, N.J., March 23, 2020 /PRNewswire/ -- Freedom Mortgage announced it has suspended residential property foreclosures and evictions and has taken additional measures to assist customers, communities and employees grappling with the impact of COVID-19. "These are very difficult...

Freedom Mortgage Acquires J.G. Wentworth Home Lending

MOUNT LAUREL, N.J., Aug. 1, 2019 /PRNewswire/ -- Freedom Mortgage Corporation, a privately held, full-service mortgage lender licensed in all 50 states, announced it has finalized an agreement to acquire J.G. Wentworth Home Lending, LLC, a subsidiary of J.G. Wentworth Company and one of...

Freedom Mortgage CEO Stanley Middleman Wins Ernst & Young Entrepreneur of The Year® Award

MOUNT LAUREL, N.J., June 21, 2019 /PRNewswire/ -- Stanley C. Middleman, CEO of Freedom Mortgage Corporation, one of the nation's largest full-service non-bank mortgage companies and a leader in VA and government-insured lending, has been named the winner of Ernst & Young (EY)'s...
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Freedom Mortgage Blogs

Sensible Spring-Cleaning Tips for the Whole Family!

Spring cleaning takes new meaning in 2020, as many Americans practice social distancing and spend time around their homes. Cleaning is more than a chore these days, and the whole family can pitch-in. Consider these suggestions on how you can make your home more cheery, healthy and tidy. Wash doorkno…

How to Enjoy a Romantic Evening at Home Any Time!

Why celebrate Valentine’s Day just once a year? Follow these tips to enjoy a romantic evening at home that won’t break your heart or your budget! Mix a fancy cocktail Most cocktails are easy to make from a few simple ingredients. Mix up a special drink or open a nice bottle of wine. It’s easy to mak…

Freedom Mortgage Has Record Year Supporting Homeownership and Philanthropy

In 2019, mortgage lender set records in home financing and community giving Mount Laurel, NJ – January 29, 2020 – Freedom Mortgage, one of the nation’s largest full-service non-bank mortgage companies and a leader in VA and government-insured lending, completed an outstanding year of mortgage lendin…

5 Hot Homebuying Trends for 2020

Do you want to buy a new home in 2020? Check out these housing market predictions that will help you plan to buy a house you love at a price you can afford! 1. Low mortgage rates Experts predict interest rates will continue to help homebuyers. Freddie Mac, the government-sponsored entity, predicts t…

10 Easy Ways to Freshen Up Your Home

The post 10 Easy Ways to Freshen Up Your Home appeared first on Freedom Mortgage Blog.

Look for Your 2019 Mortgage Interest Tax Statement

Freedom Mortgage will mail you a copy of your Year End Statement by January 31! Keep an eye out for this form so you can prepare your taxes. What is the Year End Statement? Your Year End Statement (Form 1098) shows the mortgage interest you paid in 2019. This form is important if you plan to deduct …
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Freedom Mortgage Frequently Asked Questions

  • When was Freedom Mortgage founded?

    Freedom Mortgage was founded in 1990.

  • Who are Freedom Mortgage key executives?

    Freedom Mortgage's key executives are Bev Thorne, Stan Middleman and Derrick Krout.

  • How many employees does Freedom Mortgage have?

    Freedom Mortgage has 5,734 employees.

  • What is Freedom Mortgage revenue?

    Latest Freedom Mortgage annual revenue is $1.2 b.

  • What is Freedom Mortgage revenue per employee?

    Latest Freedom Mortgage revenue per employee is $209.3 k.

  • Who are Freedom Mortgage competitors?

    Competitors of Freedom Mortgage include SVB Financial Group, Simmons First National and MB Financial Bank.

  • Where is Freedom Mortgage headquarters?

    Freedom Mortgage headquarters is located at 907 Pleasant Valley Ave, Mount Laurel.

  • Where are Freedom Mortgage offices?

    Freedom Mortgage has offices in Mount Laurel, Indianapolis, Chicago and Pasadena.

  • How many offices does Freedom Mortgage have?

    Freedom Mortgage has 4 offices.