Stay caught up on movement in the market and new mortgage options
Most Recent Rate Updates
Loan Program Updates
- Fairway is now offering One Time Close Construction Loans
- Lower your closing costs
- Primary, second homes, and investment properties eligible
- Includes new land purchase or use of currently owned land
- Property types available :
- 1-4 Unite properties
- Detached condos
- Manufactured homes
- VA Loan Update – Pest Inspections now required, no exceptions!
- VA loans will require a completed pest inspection and NPMA-33 report
- Local pest control companies can complete this inspection
- Be aware that this can impact your loan timeline
- VA loans will require a completed pest inspection and NPMA-33 report
- Late Payments on Student Loans now affecting credit scores
- Credit Scores are dropping between 50 and 250 points
- Many borrowers never received billing information but are now seeing 90-day late payments reported retroactively.
- This is impacting mortgages, auto loans, and credit card limits.
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