Freedom Mortgage Offers Help to Borrowers Impacted By Federal Shutdown
Government loan leader dedicates staff to offer full range of options to assist customers, including suspending payments and waiving late fees
Mount Laurel, NJ – January 9, 2019 – Freedom Mortgage, one of the nation's largest full-service mortgage bankers and a leader in government-insured lending, is offering help to its borrowers who are struggling to make their mortgage payments because of the federal government shutdown.
The shutdown, which began December 18, affects government workers as well as government contractors and vendors. As one of the nation's largest providers of Government insured loans, there is a significant number of Freedom Mortgage borrowers who have been affected.
We're committed to helping all of our customers who may be impacted by the shutdown, said Stanley C. Middleman, Freedom's founder and CEO.
If a borrower has stopped receiving a paycheck, we are prepared to do everything we can to help them through this and avoid defaulting on their mortgage. Our hope is to bring some relief to our customers and reduce the immediate burden and impact of the government shutdown on their lives.
Freedom Mortgage has created a team dedicated to fully evaluating every borrower's situation and offering a range of assistance. These options may include repayment plans, special payment forbearance and temporary partial payments. If you are a Freedom Mortgage customer who has been affected by the government shutdown, please visit call Freedom Mortgage at 855-690-5900.
About Freedom Mortgage
Founded in 1990 and headquartered in Mount Laurel, New Jersey, Freedom Mortgage is a full-service mortgage company that provides mortgage loans through retail, wholesale, and correspondent channels. One of the nation's largest loan originators and servicers, the company is licensed in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Freedom Mortgage is a leader in VA mortgage lending and one of the mortgage industry's largest philanthropic supporters of the USO of Pennsylvania and Southern New Jersey. The company is also renowned for its vibrant work environment where its team members can thrive.
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