About Freedom Lending

Freedom Lending is a mortgage brokerage that assists home owners and buyers in finding funding for their residential real estate purchases.

Where is Freedom Lending headquartered?

Their head office can be found in Richmond Hill, Ontario. They service the Greater Toronto Area and are part of the Verico Broker Network.

Do they offer more than just traditional mortgages?

Freedom Lending provides their clients with many mortgage products. They are not limited to finding funding for first time home buyers and offer the following services as well:

What is the aforementioned “rescue financing”?

Rescue financing is a specialty mortgage product offered by Freedom Lending. This product is for people who are facing foreclosure on their property. Rescue financing helps you find proper funding to keep you from losing your home.

In most cases, this type of financing is done through a smaller lender and not a big bank. Like with all mortgage professionals, the brokers at Freedom Lending have shaped relationships with various lenders and can match you with one that deals with this specific product.

Freedom Lending is not the only mortgage brokerage in Ontario to provide rescue financing, and no matter which brokerage you work with to gain financial support, they cannot guarantee that you will not still lose your home. It may only delay the foreclosure process for a year or two, leaving you at a loss again. Before you decide that this product is right for you, ask your broker to explain it to you in detail. You do not want to lose your home but there may be other financial options out there for you.

What lenders do they work with?

Freedom Lending works with ScotiaBank, Home Trust, National Bank, MCAP, Equitable Trust and other major lenders on the Canadian mortgage scene. Additionally, they have relationships with smaller institutions and private lenders.

Does Freedom Lending give their clients online tools to help them understand the mortgage process?

Freedomlending.ca has a blog portion of the website that is dedicated to educating individuals about the mortgage and housing industry. They also have a section that contains mortgage tools that deal with refinancing, debt consolidation and credit management.

Freedom Lending is akin to other Ontario mortgage firms because they too offer the option to apply online. For some people this is a time saving feature, while others prefer to meet with a broker first before completing a mortgage application.

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