What Freedmont Mortgage does

Freedmont Mortgage Group is a residential mortgage origination platform operating as a division of radius financial group inc. (Corporate NMLS #1846), headquartered in Hunt Valley, Maryland with additional branch offices in York, PA and Hollidaysburg, PA. Founded approximately 1996, the company has operated for nearly three decades in the Mid-Atlantic mortgage market and is licensed as a lender/broker across 14+ states. It targets individual consumer borrowers — homebuyers and homeowners — through a hybrid distribution model combining inside sales (inbound web leads), outside sales (field loan originators generating self-sourced and referral business), and digital self-service tools including the Quick Qualify Plus pre-qualification portal.

The company's product portfolio spans 15+ loan types organized across conventional financing (Fixed Rate, Adjustable Rate), government-backed programs (FHA, VA, USDA, 203k renovation), and specialized offerings including reverse mortgages for seniors 62+, bank statement loans for self-employed borrowers, DSCR loans for real estate investors (up to 15 properties), ITIN loans for foreign nationals, bridge loans, manufactured home financing, and the Maryland Mortgage Program with down payment assistance. The underlying technology stack consists of a proprietary CRM/Lead Management system for lead assignment and tracking, an internal Loan Officer Growth System for production tracking, and a pricing engine for rate calculations and quick-response borrower quotes. Differentiated value-added programs include the FreeFi rate-drop protection plan (complimentary refinance within three years if rates improve) and the $10k Pre-Approval Promise seller-side guarantee.

Freedmont earns revenue through origination fees on closed mortgage loans and ongoing servicing income, with the company holding servicer licenses in states including Florida, Pennsylvania, New Jersey, and South Carolina. Customer acquisition relies heavily on referral networks with real estate agents and builders, a weekly radio show ('Weekend Real Estate Report' on 105.7 The Fan Baltimore featuring CEO Carl Delmont), educational webinars (Freedmont University), and organic digital content. The company reports a 4.91/5.0 average rating across 2,651 verified reviews on Experience.com and Google, an average 30-day closing timeline, and cumulative 'billions of dollars of loans funded' across its operating history.

Name

Freedmont Mortgage

Legal name

radius financial group inc.

Website

https://freedmont.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

51–100 employees

Short description

Freedmont Mortgage Group is a Mid-Atlantic residential mortgage originator and division of radius financial group inc., licensed in 14+ states and offering 15+ loan products to individual homebuyers and homeowners through branch offices, field loan originators, and digital channels.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)

akta.pro primary industry

Manufactured / Mobile Home Mortgage Origination (FSALAAAK)

akta.pro secondary industries

Prime (Agency/Conforming) Mortgage Servicing (FSALAEAA), Reverse Mortgage Brokerage & Lead Generation (FSALAIAB)

Keywords

• Residential mortgage lending
• Home purchase financing
• Mortgage refinance services
• Government-backed home loans
• Investment property financing

Headquarters

HQ city

Hunt Valley

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Origination Fees: Freedmont Mortgage Group earns revenue through origination fees charged on mortgage loans originated. These include origination charges, appraisal fees, credit report fees, and settlement fees. The company acts as a licensed mortgage lender/broker operating across 14+ states.
2. Loan Servicing: Revenue generated from ongoing servicing of mortgage loans after origination. The company holds servicer licenses in multiple states including Florida, Pennsylvania, New Jersey, and South Carolina.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Freedmont Mortgage Group is a residential mortgage lender that originates and services home purchase and refinance loans across 14+ U.S. states. The company offers a comprehensive product portfolio spanning conventional fixed and adjustable-rate mortgages, government-backed FHA/VA/USDA loans, and specialized programs for self-employed borrowers, real estate investors, foreign nationals, and seniors aged 62+. Services are delivered through licensed loan officers via phone, online application portal, and branch offices in Maryland and Pennsylvania.

Product overview

Freedmont Mortgage Group is a residential mortgage lending platform offering a comprehensive suite of loan products across the Mid-Atlantic region. The core product portfolio centers on traditional mortgage lending with fixed-rate and adjustable-rate mortgages, complemented by government-backed programs including FHA, VA, USDA, and 203k renovation loans. Specialized offerings include reverse mortgages for seniors, ITIN loans for foreign nationals, bank statement loans for self-employed borrowers, DSCR loans for real estate investors, and bridge financing. The platform differentiates through value-added programs including the FreeFi rate-drop protection program and the $10k Pre-Approval Promise guarantee. Services are delivered through an online application portal with loan officers providing personalized guidance throughout the lending process.

Differentiator

Problem solved

Functional benefit

Products and services

• Fixed Rate Mortgages Traditional fixed-rate mortgage loans with constant interest rates and monthly payments for the entire loan term, available in 30, 20, 15, and 10-year terms, with financing from $50,000 to $3,000,000. Designed for individual homebuyers and homeowners refinancing their primary residences.
• Adjustable Rate Mortgages Variable-rate mortgages with initial fixed-rate periods that adjust periodically, available as 3/1, 5/1, 7/1, or 10/1 hybrid ARM products with interest rate caps protecting borrowers from excessive increases. Targeted at homebuyers seeking lower initial payments.
• FHA Loans Government-insured mortgages allowing purchases with as little as 3.5% down and refinancing up to 97.75% of home value, including Upfront Mortgage Insurance Premium and monthly mortgage insurance, with FHA Streamline refinance option. Designed for first-time homebuyers and borrowers with lower credit scores.
• VA Loans Government-backed mortgages for veterans, military members, and surviving spouses featuring 100% financing with $0 down payment and no required monthly mortgage insurance, with easier qualification guidelines. Targeted at eligible U.S. military service members.
• Reverse Mortgages HECM reverse mortgages enabling homeowners aged 62 and older to convert home equity into tax-free income without selling the property or making monthly payments. Designed for senior homeowners seeking retirement income.
• USDA Home Loans Government-insured rural development loans offering 100% financing with no down payment required for buyers in designated USDA rural areas, with closing costs that can be financed or paid by sellers. Targeted at rural property buyers.
• 203k Home Renovation Loans FHA rehabilitation loans combining funds for home purchase and renovations into a single mortgage, covering structural alterations, kitchen/bath remodeling, health/safety improvements, energy conservation, and accessibility modifications. Targeted at buyers of fixer-upper properties.
• Maryland Mortgage Program State-specific 30-year fixed-rate home loans through the Maryland Department of Housing and Community Development, featuring down payment assistance, closing cost help, below-market interest rates, and partner match programs for eligible Maryland buyers.
• Bridge Loan Short-term financing allowing buyers to purchase a new home before selling their existing one, tapping home equity to make non-contingent offers, with no prepayment penalties and potential PMI elimination on the next mortgage. Targeted at homebuyers transitioning between residences.
• Bank Statement Loan Alternative documentation loans for self-employed borrowers qualifying through 12- or 24-month bank statement averages rather than tax returns, with up to 90% LTV without mortgage insurance and loan amounts up to $3 million. Targeted at self-employed individuals, entrepreneurs, gig workers, and business owners.
• ITIN Loan Mortgages for foreign nationals and resident aliens using Individual Taxpayer Identification Numbers (ITIN) instead of Social Security numbers, with up to 80% LTV, DTI ratios up to 55%, and cash-out refinance options up to 75%. Targeted at non-U.S. citizens who file taxes using ITIN.
• DSCR Loan Investment property financing qualifying based on the property's rental income (Debt Service Coverage Ratio) rather than borrower income, with no tax returns, W-2s, or job verification required, loan amounts up to $2.5 million, and up to 15 properties allowed. Targeted at real estate investors.
• Manufactured & Mobile Home Loans Financing for manufactured and mobile homes including both government-backed and conventional options, requiring 620+ credit score, typically 20% down payment, and 2 years job history, available for homes built in 1976 or later. Targeted at buyers of manufactured housing.
• FreeFi Rate Drop Protection Program Rate protection program allowing buyers to purchase at current rates and refinance within three years if rates drop, with Freedmont paying qualifying closing costs on the subsequent refinance. Requires 0.50% rate improvement for full benefit or 0.25% for $1,500 credit. Minimum loan amount $200,000.
• $10k Pre-Approval Promise Seller protection guarantee where Freedmont pays $10,000 to sellers and reimburses buyers up to $1,000 for inspection, appraisal, and legal expenses if the finance promise fails due to mistakes on the pre-approval. Available with Freedmont-issued pre-approvals.
• Quick Qualify Plus Online pre-qualification tool enabling prospective borrowers to estimate mortgage rates and borrowing capacity through an interactive questionnaire, serving as the digital entry point into Freedmont's loan origination process.

Quantifiable outcome

• Average loan closing time of 30 days
• +3 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• radius financial group inc.coreOthersFreedmont Mortgage Group is a division of radius financial group inc., a licensed mortgage lender and servicer headquartered in Norwell, Massachusetts with Corporate NMLS #1846. radius financial group inc. provides the operational infrastructure, capital, and licensing that enables Freedmont to operate across 14+ states.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/freedmontmtg
• Facebookfacebook.com/Freedmont-Mortgage-Group-110459500311206
• LinkedInlinkedin.com/company/freedmont-mortgage

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Freedmont Mortgage