Irwin

Irwin Mortgage Corporation started its business in 1944 and was originally named Inland Mortgage Company; it was bought by Irwin Financial Corporation in 1981 and its name was changed to Irwin Mortgage in 1998. Irwin Mortgage Corporation is today one of America’s top mortgage companies and has over 100 offices throughout America and has done over 12 billion dollars of business in residential loans. Irwin Mortgage Corporation does conventional mortgaging but relies on giving loans that are backed by FHA or VA and in the conventional loans they provide mortgages on those houses that meet the requirements of the Federal National Mortgage Association the federal Home Loan Bank or the Federal Home Loan Mortgage Corporation. Most of their mortgage loans are either insured or backed by a federal backed government agency. Irvin mortgage is a well reputed mortgage company and their web site has a lot of information on it and one can get a loan or a refinance from them. They invested heavily in their customer support systems and in their IT security systems and in data warehousing. The company is one of the oldest mortgage companies in America and there have been hardly any customer complaints or any law suites filed against them. They are known to be a very stable and financially sound mortgage company and they have the backing of Irwin Financials.

In a surprise move in August 2007 Irwin financial announced that they were selling Irwin Mortgage to Freedom Mortgage as they thought that Freedom Mortgage was better aligned with the direction that Irwin mortgage had taken and that Freedom Mortgage would acquire all of Irwin mortgages initiated mortgage loans and their loan originating sector. The other sectors of Irwin mortgage are being sold separately as and when Irwin Financial finds suitable buyers. With the take over of its loan originating sector by Freedom mortgage now one cannot access the Irwin web site and are redirected to Freedom mortgage.

Freedom Mortgage corporation has been in the mortgage lending business since 1990 and have their headquarters in Mount Laurel, Philadelphia. They provide a large range of home mortgages and they have quite a friendly web page which has a lot of links for new home buyers and for those who are looking for refinancing. Their web site also has mortgage calculators and other tools and other tools that anyone can use and one can also check their lending rates right from their web site.

With the takeover of Irwin Mortgage the number of offices and staff and the states in which Freedom Mortgage now operates has increased and they are no longer limited to providing home mortgage loans only in the states that they used to focus on. With the acquisition of Irwin originated mortgages their customer base has also expanded and now there are more customers that the company can focus on for refinancing and other mortgage loans. With this increase in operations freedom mortgage is also employing more people and expanding their broker network so that they can reach out to the maximum number of customers across America.

The acquisition of Irwin mortgage has moved freedom mortgage into the league of the major mortgage companies and to compete with them they will have to continue to provide the quality of service that was expected from Irwin Mortgage customers.

Irwin mortgage customers will remember the standard of service that they got from Irwin mortgage and will expect freedom mortgage to provide the same or a better level of service to them. Freedom Mortgage corporation is making all the right moves to draw more customers to them and providing the high standard of service that one of America’s leading mortgage company was providing and who had a long history of being in the mortgage business.