Fairway Independent Mortgage Corporation - Company New England Region USA

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match. Here are seven great reasons not to wait to sell your house this holiday season: Buyers are active now. Mortgage rates are historically low, providing motivation for those who are ready to get more for their money over the life of their home loan or what you need to get a mortgage . Purchasers who look for homes during the holidays are serious ones, and they’re ready to buy. You can restrict the showings in your house to days and times that are most convenient for you, or even select virtual options. You’ll remain in control, especially in today’s seller...

What is a Mortgage Pre-Approval? Mortgage pre-approval is a promise from the lender that qualified to borrow up to a certain amount of money before you apply for a loan. With this meaningful promise, you'll be likely to get the home you deserve due to your creditworthiness. Step for Mortgage pre-approval:  The process of  mortgage pre-approval process usa  are follows as: Pre-Qualification or Approval? Mortgage pre-approval involves filling out a mortgage application and providing your Social Security number so that a lender can do a hard credit check. Mortgage pre-approval letters are typically valid for 60 to 90 days at which point they will need to be renewed with updated financial documents. In the meantime, you have the opportunity to address any issues that may be revealed in your credit report, such as a disputed account. The Pre-Approval Process For fisrt time buyers, you’ll fill out a mortgage application. You’ll include your identify...

 The holidays and winter weather typically slow the real estate market down a bit, but we know this year has been anything but typical! Use this time to review your credit, secure your down payment, research neighborhoods, and get pre-approved. That way, you’ll get a jump on the spring market and be ready with a competitive offer. Ask us how- For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: “…a primary home accounts for 90% of the total wealth of a family in the U.S.” How do homeowners gain wealth? Most large purchases, like cars and appliances, depreciate in value as they age, so it’s understandable to question how owning a home can increase wealth over time. In a simple equation, the National Association of Realtors (NAR) explains how the combination ...

Why should you work with Fairway Independent Mortgage Corporation ? As one of the nation’s largest lenders, we can offer the service, speed and satisfaction you deserve! Our team is made up of: 6,800+ Team Members 3,400+ Producers 450+ Branches $26.7 Billion Volume in 2018 Licensed in all 50 States Some of our most recent recognition’s include: #1 in USDA Purchase Units and Volume for Fiscal Year 2018 #1 in FHA Purchase Volume for Fiscal year 2018 #5 Total VA Purchase Loan Volume in Fiscal Year 2018 #5 Largest Lender in the Country in Retail Production 2018 Named One of the Best Military Lenders by National Mortgage Professional Magazine 2018 Voted #1 Best Place to Work by Madison Magazine Fairway is dedicated to not only serving our clients and partners, but serving our communities, as well. Fairway Cares is the charitable arm of Fairway Independent Mortgage Corporation. For over twenty years, Fairway and its 6,000-plus nationwide empl...

  We want you to love your home buying experience as much as you love your new home. Our digital mortgage application, underwritten pre-approvals, e-closing options and ongoing communication help you do just that. Review our troubleshooting tips below for an even better experience. The mortgage industry is full of stories of closings gone awry because of last minute credit pulls, job changes, or other easily avoidable issues. Please be sure to review this list to keep your closings on track. So check your credit score to buy a house in USA DO: Provide your Earnest Money Deposit from your own personal bank account or acceptable gift funds. Please talk to your loan officer for additional clarification. DO: Keep all originals or be able to access on your employer/bank sites all pay-stubs, bank statements and other important financial documents. Click here for our checklist. DO: Provide all documentation for the sale of your current home, including sales contract, closing statement, e...

 The real estate industry seems to be one of a few that are thriving in the pandemic. There are no shortage of buyers, but inventory is always an issue. Below we provide some helpful information to motivate potential sellers. As always, we are here to help you WOW your clients. According to a recent KCM Crew blog, “Anyone thinking of putting their home on the market should not wait. A seller will always negotiate the best deal when demand is high and supply is limited. That’s exactly the situation in the real estate market today.” Find more helpful data from them here. Are you leveraging your database to communicate with past clients, especially those who may be ready to right-size? Don’t neglect your marketing platforms, utilize them to educate would-be sellers. A Home Equity Conversion Mortgage for Purchase (HECM4P) may be the answer for someone over 62 years of age concerned about purchasing a new primary residence once they sell. We are happy to discuss home purchase finance op...