Lender report card · New Jersey

Financial Freedom Mortgage, Llc

Mount Laurel, NJ · What the federal mortgage record shows about how Financial Freedom Mortgage, Llc treated New Jersey applicants, 2018–2025 — 1,414 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
99.5%
1,407 approved
Denial rate
0.5%
7 denied
Decisions
1,414
2018–2025
Avg. rate spread
+0.84 pp
vs. market benchmark
99.5% approved
0.5% denied

Share of 1,414 New Jersey applications Financial Freedom Mortgage, Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional99.4% of 525 · NJ 87%FHA99.5% of 828 · NJ 79%VA100.0% of 59 · NJ 80%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

92%94%96%98%100%100%99%99%100%100%100%100%100%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Financial Freedom Mortgage, Llc’s rates ran +0.20 pp higher than the typical New Jersey lender (average rate spread +0.84 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Financial Freedom Mortgage, Llc approves

By income
Under $50k99.3% · 150$50–75k100.0% · 367$75–100k99.4% · 329$100–150k99.5% · 383$150–250k98.7% · 159$250k+100.0% · 26
By debt-to-income
Under 36%98.8% · 40636–43%100.0% · 29443–50%99.7% · 399Over 50%100.0% · 291
By down payment (LTV)
20%+ down99.6% · 93510–20% down100.0% · 170Under 3% down100.0% · 26

Why Financial Freedom Mortgage, Llc denied applications

Credit history29% of denialsDebt-to-income ratio29% of denialsUnverifiable information14% of denialsOther14% of denialsEmployment history14% of denials

Where Financial Freedom Mortgage, Llc lends in NJ

CountyDecisionsApproval
Ocean County13199.2%
Essex County11699.1%
Burlington County11097.3%
Monmouth County107100.0%
Camden County104100.0%
Union County96100.0%
Bergen County94100.0%

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Financial Freedom Mortgage, Llc (LEI 894500LIN378M3LLE796). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →