New Home Loans and Mortgage Refinancing

At Fairway Independent Mortgage the Fairway's First Team constantly monitors mortgage rates so that we can find the best mortgage to save you time and money. We offer low rates and top-tier customer service on residential home loans, refinance, and other services.

Let us help find the right mortgage for you!

Are you ready to fulfill your dream of buying your own home? Or are you looking to refinance your home since interest rates are so low? At Fairway Independent Mortgage, our Fairway’s First Team is ready to listen to your dreams and find a way to make them happen.

We know there are many different loan options out there. Our mortgage experts can help you find the best loan to fit your unique needs. From fixed-rate loans to reverse mortgages, the Fairway’s First Team is ready to help you realize your dream of homeownership.

An adjustable-rate loan is a type of mortgage in which the interest rate applied on the outstanding loan balance varies throughout the life of the loan. With an adjustable-rate loan, an initial interest rate is usually set for a fixed period of time, often for six months or a year, after which the loan rate adjusts.

In the 1930s the Federal Housing Administration (FHA) created a new program to help make home loans accessible and affordable. With an FHA Loan, the FHA insures your mortgage, most often with the result of making it easier for you to qualify for a mortgage loan. 

With fixed-rate loans,  your monthly payment of principal and interest never change for the life of your loan. While your property taxes and your homeowner’s insurance rates may fluctuate, resulting in a slight increase or decrease in your monthly payment, generally speaking, with fixed-rate loans your payment will be very stable.

Jumbo Loans, also knowns as Jumbo Mortgages, are home loans whose amount exceeds loan limits imposed by Fannie Mae and Freddie Mac. Jumbo Loans are an excellent way to alleviate 1st and 2nd mortgage issues.

If you’re looking for a way to take advantage of low interest rates, pay off your mortgage faster, or get cash from your home, then refinancing may be the option for you. Refinancing often means replacing an older loan with a new loan that offers better terms.

Reverse mortgages allow older homeowners to tap into their earned home equity without selling their home. Qualified homeowners will receive a lump sum payment, monthly payment, or a line of credit from the lending institution. The loan does not have to be repaid until the homeowner sells his/her home, moves out, or passes away. 

As a member of the armed forces or a qualifying veteran, you can pre-qualify for a new VA Home Loan or refinance your existing home loan. For qualified veterans and active-duty personnel, these loans can save hundreds of thousands of dollars for our men and women in uniform.