Manage Your Pipeline

Freedom Correspondent Lending makes it easy to manage your pipeline online and in real-time. Sign into your secure account to access these convenient features:

  • View the latest rates
  • Manage and upload loans in your pipeline
  • Generate up-to-the-minute reports

Correspondent

Renovation Lending

Specialty Lending

Rural Housing

 
 

Freedom Mortgage Rural Housing

Freedom Mortgage Rural Housing values the unique lending needs of rural America. We are deeply committed to helping low and moderate income borrowers achieve homeownership through the Guaranteed Rural Housing (GRH) loan program.

Our tenured Rural Housing staff is solely focused on this program and assisting lenders with the successful origination and delivery of the USDA GRH loan program. We offer resources dedicated to:

  • Sales
  • Training
  • Post-closing support
  • USDA operational support of file review, conditions, and loan purchase

At Freedom Mortgage, we go the extra mile to make it easy for you do business with us. We offer Freedom Rural Express as your online solution for managing your GRH pipeline and delivering your files electronically.

With Freedom Rural Express, you can:

  • Access daily rate sheets
  • Register and lock loans online
  • Upload your loan files
  • Manage your Rural Housing pipeline
  • Check the status of your loans
  • Pull reporting and much more!

The Freedom Mortgage Rural Housing team has extensive in-house expertise dedicated to providing high LTV financing for borrowers purchasing homes in rural areas.

Benefits of the USDA Guaranteed Rural Housing Program include:

  • 100% LTV financing for existing homes or new construction based on appraised value
  • Available to low- and moderate-income rural households
  • No requirement to be a first-time homebuyer
  • Less up-front cash-to-close requirements for this program than for conventionally insured or FHA loans
  • Upfront guarantee fee payable to Rural Development (RD) at closing, which may be financed above the appraised value as follows:
    • Purchases: 1.00% of loan amount
    • Refinances: 1.00% of loan amount
    • Annual fee of 0.35% incurred on both purchase and refinance transactions
  • Fully amortized 30-year fixed-rate loans
  • No pre-payment penalty
  • 2/1 Temporary Buydown available
  • No maximum loan amount
  • For depository institutions, USDA GRH loans provide opportunities to meet Community Reinvestment Act (CRA) goals

Contact Our Rural Housing Team to learn more.