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Fairway Independent Mortgage is one of the top 10 largest lenders in the U.S. It’s not a bank, so you’ll only come here for a home loan, but it offers plenty of options for a variety of borrowers, including jumbo loans with just 10 percent down and physician loans. If you’re an older homeowner with most or all of your mortgage paid off, you can also come to Fairway for a reverse mortgage.
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Loans offered
Conventional, jumbo, FHA, VA, USDA, refinancing and more
Min. credit score required
Undisclosed
Nationwide availability
All U.S. states
Min. down payment
3%-5% for conventional loans, 3.5% for FHA loans, none for VA loans
3.9
Bankrate Score
Loans offered
Conventional, jumbo, FHA, VA, USDA, refinancing and more
Nationwide Availability
All U.S. states
Min. credit score required
Undisclosed
Fairway Independent Mortgage Corporation is one of the top mortgage lenders in the U.S., available to borrowers nationwide and with branch locations in 48 states (not Alaska or West Virginia) and Washington, D.C. Its loan options include conventional and government loans, refinancing and physician loans for doctors and other medical professionals. The lender currently maintains dual headquarters in Madison, Wisconsin, and Carrollton, Texas, and was founded in 1996.
More than 700 branch and satellite locations
Streamlined electronic submission of documents
FairwayNow mobile app for easier communications and tracking
Doesn’t offer home equity lines of credit (HELOCs)
Specific rates not available online
Fairway Independent Mortgage is one of the top 10 largest lenders in the U.S. It’s not a bank, so you’ll only come here for a home loan, but it offers plenty of options for a variety of borrowers, including jumbo loans with just 10 percent down and physician loans. If you’re an older homeowner with most or all of your mortgage paid off, you can also come to Fairway for a reverse mortgage.
Fairway Independent Mortgage doesn’t display its mortgage rates online, and you’ll need to contact a loan officer to obtain a personalized quote. Its lender fees might include an origination fee, rate-lock fee and other closing costs.
Fairway Independent Mortgage provides conventional loans as well as government-backed loans (FHA, VA and USDA), along with options to refinance your existing mortgage. The lender also offers construction loans, reverse mortgages and loans tailored to the unique needs of medical professionals.
Fairway Independent Mortgage Corporation is accredited by and has an A+ rating from the Better Business Bureau, and the lender ranked first in J.D. Power’s U.S. Primary Mortgage Origination Satisfaction Study for 2023. The lender funded more than $40 billion in loans in 2022, according to federal data. Fairway’s website contains features that might help inform what type of loan you get, including an amortization and payment calculator and an FAQ and homebuyers guide. If you’re looking for help online, you can fill out a form on the website, email the lender or navigate to your loan officer’s profile.
You can apply for a mortgage with Fairway Independent Mortgage in person at a branch location, online or by phone at 877-699-0353. Here are some tips to prepare for the process:
Fairway Independent Mortgage offers both rate-and-term and cash-out refinancing options.
Rating: 3.9 stars out of 5
3.9
Bankrate Score
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Loans offered Conventional, jumbo, FHA, VA, USDA, refinancing and more |
Loans offered Conventional, jumbo, FHA, refinancing and more |
Loans offered Conventional, jumbo, FHA, VA, USDA, refinancing and more |
Min. credit score required Undisclosed |
Min. credit score required 620 for conventional loans, 500 for FHA loans |
Min. credit score required 620 for conventional loans, 580 for FHA loans, 580 for VA loans |
Down payment 3%-5% for conventional loans, 3.5% for FHA loans, none for VA loans |
Down payment 3% for conventional loans, 3.5% for FHA loans |
Down payment 3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans |
Nationwide availability All U.S. states |
Nationwide availability Available in all U.S. states except Texas |
Nationwide availability All U.S. states |
5.0
1 ratings
This lender has 0 recent reviews.
100% of customers would recommend this lender.