Freedom Mortgage is a mortgage lending company that offers options for individuals with fair credit. They specialize in providing affordable mortgage loans to help customers purchase or refinance their properties.

The term ‘fair credit’ refers to an intermediate credit rating between ‘good’ and ‘poor.’ It means that customers with fair credit may have a credit score that is not as high as required for the best loan rates but still qualifies for loan options with reasonable terms.

The qualification criteria for a loan with Freedom Mortgage for fair credit may vary but generally include factors such as credit history, income, ability to repay, and property value. Having a fair credit score is one of the key factors considered.

Freedom Mortgage offers loans up to $550,000 for customers with fair credit. However, the maximum loan amount may depend on other factors such as income and property value.

The interest rates offered by Freedom Mortgage for fair credit loans may vary based on the customer’s financial situation and market conditions. As is typically the case with fair credit loans, the rates may be slightly higher than those offered to customers with excellent credit.

Yes, Freedom Mortgage offers refinancing options for customers with fair credit. Refinancing can be a way to obtain better loan terms or reduce monthly payments.

To initiate the loan application process with Freedom Mortgage, you can visit their website or get in touch with one of their financial consultants. They will guide you through the entire application process, collecting necessary information and documents to assess your eligibility and offer the best loan options based on your specific circumstances.