Great Mortgage Loans in Philadelphia, PA
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Quick Pre-Approvals
Your application is reviewed promptly by our locally based loan officers.
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Flexible Payment Plans
Choose a loan term or Adjustable-Rate Mortgage that fits your needs.
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Various Property Types
We finance second homes, apartments, high-value residences, and more.
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Competitive Rates
We make homeownership more affordable with some of the best rates around.
Fixed-Rate Mortgage
Build for the future with the long-term security and predictability of fixed-rate borrowing. Enjoy a place to make memories with your loved ones while building a valuable financial asset.
- 10, 15, 20, and 30-year loans available
- Low monthly payments
- Fixed payments to help you plan ahead
- Competitive rates to save you money over time
A Fixed-Rate Mortgage gives you stability and steady equity growth, helping set your family up for lasting financial success.
Adjustable-Rate Mortgage
An Adjustable-Rate Mortgage (ARM) offers a low initial interest rate that makes homeownership more affordable upfront, with periodic adjustments that reflect market conditions.
- Low initial rate for more affordable payments
- Choose from 3/1, 5/1, 7/1, and other term options
- Opportunity for a lower adjusted rate if interest rates fall
- Ideal if you plan to sell or refinance within 3–6 years
An ARM gives you flexibility for the future while helping you enjoy the benefits of homeownership today.
Jumbo Mortgage
Need more borrowing power to secure the home you truly want? A Jumbo Mortgage offers higher loan limits so you can purchase a larger residence or enjoy additional amenities for your family.
- Higher limits than our conventional loans
- The stability of fixed-rate borrowing
- Flexible terms to support your financial goals
- Strong rates that help you save each month
Invest in your future with a Freedom Credit Union Jumbo Loan that gives you the room and the financing to grow.
First-Time Home Buyer Loan
Ready to become a homeowner but short on funds for a down payment? Our First-Time Home Buyers Program offers low or no-money-down options, plus additional benefits for qualified borrowers.
- Up to 100% financing — no money down
- No Private Mortgage Insurance (PMI)
- Competitive interest rates
- Flexible loan terms
Let us help you achieve your goal of becoming a homeowner. Apply for our First-Time Home Buyers Program today.
Mortgage Refinancing
Are you paying more than you should on your current home loan? Freedom Credit Union offers great rates and terms on mortgage refinancing, helping you save money and improve your financial outlook.
- Reduce your monthly payment with a lower rate
- Save on interest by shortening your term
- Take cash out for home improvements or other needs
- Financing available for primary residences and second homes
Get more out of your home loan. Refinance your mortgage with Freedom CU and take control of your financial future.
Home Equity Options
Tap into the value you’ve built in your home with a Home Equity Loan or Home Equity Line of Credit. Use your equity to fund major expenses like home improvements, education costs, or ongoing needs over time.
- Competitive rates for affordable borrowing
- Flexible terms and payment options
- Lump-sum payout or revolving line of credit
- No closing costs or annual fees
Let the equity you’ve built help finance whatever comes next with Freedom CU’s affordable home equity solutions.
Get your foot in the door
Get pre-approved
Find out how much works for your budget.
Shop around
Get help in your search with our free mortgage resources below.
Make it to the finish line
We’re here to answer questions or straighten out unexpected wrinkles.
More Reasons on Finance Through Freedom CU
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GreenPath Financial Wellness
Sound home financing is vital for your financial health. GreenPath provides HUD & NFCC-certified counselors who can help with your housing questions.
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Loan Payment Protection
A mortgage is a major commitment, and Loan Payment Protection provides a safety net. It can forgive a portion or all of your loan payments if you become unable to make them for any reason.
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TruStage™ Home Insurance
Protect your assets with TruStage™ Home Insurance. Benefit from exclusive access to outstanding home and auto insurance programs.
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Fannie Mae Training and Education
Complete our free homebuyer course and pass a brief quiz to receive a certificate for your lender.
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Monthly Payment Calculator
Curious about your estimated monthly mortgage payment? Find out how much your mortgage could affect your budget.
“I had been plodding through the process of settling my mother’s home and Freedom truly exemplified exceptional customer service. Working with such wonderful people made the experience so much easier!”
Mortgage Loan FAQ
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Freedom Credit Union offers a full range of home financing options, including Fixed-Rate Mortgages, Adjustable-Rate Mortgages (ARMs), Jumbo Loans, First-Time Home Buyer Loans, Mortgage Refinancing, and Home Equity solutions.
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A traditional fixed-rate mortgage typically requires 10–20% down. However, FHA, VA, and USDA loans, and programs such as our First-Time Home Buyers Program, may allow down payments as low as 3%, and in some cases, no money down at all.
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The best mortgage for you depends on your budget, long-term goals, credit profile, and how long you plan to stay in your home.
- Fixed-rate mortgages offer predictable payments and are ideal for long-term stability.
- Adjustable-rate mortgages (ARMs) start with a lower initial rate, making them a good fit if you expect to move or refinance within a few years.
- Jumbo mortgages are designed for higher-priced homes that exceed conforming loan limits.
- First-time buyer loans help qualified borrowers purchase a home with low or no money down.
- Mortgage refinancing can help current homeowners lower their rate, reduce their payment, or pay off their home faster.
For personalized guidance, our mortgage specialists can help you compare options and choose the loan that aligns with your financial goals.
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Yes. Freedom Credit Union charges no prepayment penalties on any of our mortgage loans, so you’re free to pay off your home early without additional fees.
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Your monthly payment typically includes:
- Principal: The amount that pays down your loan balance.
- Interest: The cost of borrowing the money.
- Taxes: Property taxes collected and held in escrow for annual payment.
- Insurance: Homeowners insurance, flood insurance (when required), and private mortgage insurance (PMI) if your down payment is below 20% on a conventional loan.
Your monthly mortgage statement will show how each of these components contributes to your total payment.
Other Loans Offered by Freedom Credit Union
Auto Loans
Get behind the wheel for less. Freedom CU offers low-rate auto loans with flexible terms and up to 100% financing to make your next vehicle more affordable.
Personal Loans
Cover life’s expenses with confidence. Enjoy low fixed rates, no hidden fees, and repayment terms designed to fit your budget.
Credit Cards
Want rewards without the high fees? Discover our low-rate, no-annual-fee credit cards with cash-back benefits and everyday convenience.
