Monday, Feb 06th

"I would recommend Freedom...they’ll tell you exactly what they can do for you, they’ll be completely honest with you." - Debbie ...
"...in a lender, you look for trust...and you look for communication and you’re going to get both of those at Freedom Financial Services." - Ri...
"We’ve been very pleased with Freedom Financial for years. They’re great people to work with." - Denise and Willard ...
 "We've dealt with other finance companies and banks. But at Freedom, it's like they've known you forever...." - Larry ...
 "When we worked with Freedom they were outstanding...whatever they said they would do, they did." - Farrah, Trinidad ...
You are here:

J

Joint and Several Liability - A creditor can demand full repayment from any and all of those who have borrowed. Each borrower is liable for the full debt, not just the prorated share.

Jumbo Loan - Loan size that is larger than the conforming loan limit established by the Fannie Mae or Freddie Mac.

Junior Mortgage - A mortgage subordinate to another mortgage. In the case of a foreclosure, a senior mortgage will be paid prior to a junior mortgage.