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Freedom Mortgage Overview

Freedom Mortgage helps you find the best home loan at the lowest cost! We specialize in VA, FHA, USDA , first time homebuyers, and conventional mortgage loans.
The staff at Freedom Mortgage come from unusually diverse demographic backgrounds. The company is 55.5% female and 36.6% ethnic minorities. Freedom Mortgage employees are more likely to be members of the Republican Party than the Democratic Party, with 54.1% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Freedom Mortgage is relatively high. Employees at Freedom Mortgage stay with the company for an average of 1.7 years before leaving. The average employee at Freedom Mortgage makes $56,067 per year. In comparison, some of its highest paying competitors, like New Penn Financial, American Mortgage, and Caliber Home Loans, pay $67,090, $66,786, and $65,740, respectively.
A large finance company with 3,588 employees and an annual revenue of $1.1B, Freedom Mortgage is headquartered in New Jersey.

The Organization’s Mission

Freedom Mortgage is dedicated to fostering homeownership in America. We build lasting relationships — one loan at a time — by providing personalized mortgage solutions and unparalleled service.

Industry

Finance

Revenue

$1.1B

Employees

3,588

Founded in

1990

Headquarters

Mount Laurel, NJ

Website

www.freedommortgage.com

Organization Type

Private

Is This Your Company?

The Team At Freedom Mortgage

The Culture At Freedom Mortgage

Information provided by the company
Do you want to be part of one of the fastest growing and dynamic mortgage businesses
Outstanding work ethic and commitment to organization success.

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Freedom Mortgage Rankings

Freedom Mortgage is ranked #89 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Freedom Mortgage Salaries

How much does Freedom Mortgage pay?
The national average salary for a Freedom Mortgage employee in the United States is $56,067 per year. Employees in the top 10 percent can make over $89,000 per year, while employees at the bottom 10 percent earn less than $35,000 per year.
9.3
Salary Score
Average Employee Earnings

Freedom Mortgage Salaries By Job Title

While Freedom Mortgage employees earn an average yearly salary of $56,067, different roles can command different wages. Some of the positions that earn high wages at Freedom Mortgage include mortgage banker, etl developer, software engineer, and data engineer. A worker with the title mortgage banker salary at Freedom Mortgage can earn an average yearly salary of $95,352. Other roles at Freedom Mortgage include cashier and receptionist. A cashier at Freedom Mortgage earns an average yearly salary of $26,889.
Job Title
Title
ascdesc
Average Salarydesc
Mortgage Banker
Salary Range83k - 108k$95k$95,352
ETL Developer
Salary Range89k - 99k$94k$94,338
Software Engineer
Salary Range81k - 101k$91k$90,933
Data Engineer
Salary Range85k - 96k$91k$90,698
Senior Corporate Recruiter
Salary Range80k - 89k$85k$84,706
Team Leader
Salary Range70k - 90k$80k$80,359
Sales Manager
Salary Range74k - 83k$79k$79,140
Senior Underwriter
Salary Range73k - 85k$79k$78,954
Loan Officer
Salary Range67k - 85k$76k$76,292
Flyer
Salary Range68k - 75k$72k$71,996
$44k
$108k

Freedom Mortgage Careers

On average, employees at Freedom Mortgage stay with the company for 1.7 years. Employees most commonly join Freedom Mortgage after leaving Wells Fargo. When they leave Freedom Mortgage, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Top Employers Before Freedom Mortgage

PHH
14.0 %

Top Employers After Freedom Mortgage

PHH
11.6 %

Freedom Mortgage Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Freedom Mortgage Employees Education

Of the 3,588 employees at Freedom Mortgage, 11.8% attended Camden County College. Employees at Freedom Mortgage most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Freedom Mortgage Employee Political Affiliation

Freedom Mortgage employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Freedom Mortgage employee was by Stanley Middleman. Stanley Middleman donated $24,100 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Stanley MiddlemanChief Executive Officer
Stanley Middleman
Chief Executive Officer
Chief Executive Officer
Democratic Party
Democratic Party
$24,100Democratic Party
$24,100
Deborah CheathamMortgage Banker
Deborah Cheatham
Mortgage Banker
Mortgage Banker
Republican Party
Republican Party
$9,452Republican Party
$9,452
Debbie CheathamMortgage Broker
Debbie Cheatham
Mortgage Broker
Mortgage Broker
Republican Party
Republican Party
$2,600Republican Party
$2,600
Gerald CloudLoan Officer
Gerald Cloud
Loan Officer
Loan Officer
Democratic Party
Democratic Party
$2,128Democratic Party
$2,128
Keith JosephAttorney
Keith Joseph
Attorney
Attorney
Democratic Party
Democratic Party
$2,100Democratic Party
$2,100
Michael KhouryMortgage Banker
Michael Khoury
Mortgage Banker
Mortgage Banker
Republican Party
Republican Party
$1,660Republican Party
$1,660
Terry AcreeVice President
Terry Acree
Vice President
Vice President
Democratic Party
Democratic Party
$1,000Democratic Party
$1,000
Kimberly JonesCustomer Care Agent
Kimberly Jones
Customer Care Agent
Customer Care Agent
Republican Party
Republican Party
$838Republican Party
$838
Rose BurdettePost Closer
Rose Burdette
Post Closer
Post Closer
Republican Party
Republican Party
$687Republican Party
$687
Evan EvansLoan Officer
Evan Evans
Loan Officer
Loan Officer
Republican Party
Republican Party
$655Republican Party
$655
Show More

Freedom Mortgage Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1990

Organization type

Private

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Freedom Mortgage Competitors

Competitors of Freedom Mortgage include New Penn Financial, American Mortgage, and Caliber Home Loans. Employees at New Penn Financial earn more than most of the competition, with an average yearly salary of $67,090. Employees at American Mortgage earn an average of $66,786 per year, and the employees at Caliber Home Loans earn an average salary of $65,740 per year.
Companydesc
Average Salarydesc
New Penn Financial
Salary Range55k - 81k$67k$67,090
American Mortgage
Salary Range54k - 82k$67k$66,786
Caliber Home Loans
Salary Range49k - 87k$66k$65,740
First Mortgage
Salary Range52k - 82k$66k$65,610

Primary Residential Mortgage

Salary Range52k - 78k$64k$64,264
Allied Mortgage Group
Salary Range49k - 80k$63k$63,383
CMG Mortgage
Salary Range50k - 76k$62k$62,181
GMAC Mortgage Group
Salary Range48k - 78k$62k$62,023
Guaranteed Rate
Salary Range47k - 80k$61k$61,422

Mortgage IT

Salary Range49k - 76k$61k$61,321
$29k
$87k

Frequently Asked Questions about Freedom Mortgage

When was Freedom Mortgage founded?

Freedom Mortgage was founded in 1990.

How many Employees does Freedom Mortgage have?

Freedom Mortgage has 3,588 employees.

How much money does Freedom Mortgage make?

Freedom Mortgage generates $1.1B in revenue.

What industry is Freedom Mortgage in?

Freedom Mortgage is in the finance industry.

What is Freedom Mortgage's mission?

Freedom Mortgage's mission statement is "Freedom Mortgage is dedicated to fostering homeownership in America. We build lasting relationships — one loan at a time — by providing personalized mortgage solutions and unparalleled service."

What type of company is Freedom Mortgage?

Freedom Mortgage is a private company.

Who are Freedom Mortgage's competitors?

Freedom Mortgage competitors include GMAC Mortgage Group, First Mortgage, Nationstar Mortgage Holdings, American Mortgage, American Home Mortgage, Dollar Loan Center, Countrywide Home Loans, American Equity Mortgage, DHI Mortgage Co, Allied Mortgage Group, Guaranteed Rate, WASHINGTON MUTUAL CARD SERV, Urban Lending Solutions, Movement Mortgage, New Penn Financial, Mortgage IT, Primary Residential Mortgage, CMG Mortgage, Caliber Home Loans, PennyMac Financial Services.

Where is Freedom Mortgage's headquarters?

Freedom Mortgage's headquarters is in Mount Laurel, NJ.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Freedom Mortgage, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Freedom Mortgage. The employee data is based on information from people who have self-reported their past or current employments at Freedom Mortgage. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Freedom Mortgage and its employees or that of Zippia.

Freedom Mortgage may also be known as or be related to FREEDOM MORTGAGE CORP, Freedom Mortgage, Freedom Mortgage Corp and Freedom Mortgage Corporation.