Grade B · 0% of disclosures flagged for junk fees
Mortgage Company · New Jersey · NMLS #2767
Avg Closing Costs
$6,948
median across reports
vs. National Average
116%
above national avg
Avg Origination Charge
$5,900
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| discount_points | $8,510 | $2,263 | 🔺 High |
| Origination Fee | $5,900 | $1,695 | 🔺 High |
| Title Insurance | $2,928 | $3,103 | 🟡 Average |
| lender_credits | $1,467 | $459 | 🔺 High |
| Underwriting Fee | $1,377 | $1,429 | 🟡 Average |
| Appraisal | $1,020 | $1,053 | 🟡 Average |
| Settlement/Closing Fee | $924 | $954 | 🟡 Average |
| Processing Fee | $738 | $775 | 🟡 Average |
| Title Search | $361 | $379 | 🟡 Average |
| Recording Fee | $320 | $339 | 🟡 Average |
| Rate Lock Fee | $273 | $314 | 🟢 Below Avg |
| Document Preparation | $175 | $170 | 🟡 Average |
| Tax Service Fee | $117 | $128 | 🟡 Average |
| Wire Transfer Fee | $65 | $69 | 🟡 Average |
| Credit Report | $64 | $68 | 🟡 Average |
| Courier/Delivery | $55 | $58 | 🟡 Average |
| Flood Certification | $22 | $23 | 🟡 Average |
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Based on 69,436 homebuyer-submitted Closing Disclosures, Freedom Mortgage's median total closing costs are $6,948. This is about 116% above the $3,221 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.
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Average Closing Costs by State
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Closing Costs in New Jersey
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Federal data snapshot (2025)
In 2025, Freedom Mortgage Corporation originated 10,644 purchase loans with median closing costs of $10,300.
See 2025 HMDA market data for Freedom Mortgage Corporation →