Our ProgramsOur Financing programs
From conventional loans, to VA loans and home refinancing – we can help!
Read About Our Loan Programs
Owning a home outside of city limits may be easier than you thought with USDA home financing from Fairway Independent Mortgage Corporation. The USDA Guaranteed Rural Housing mortgage is available for salaried, non-salaried and self-employed borrowers, and is not limited to first-time homebuyers.
- 0% down payment required
- 620 minimum FICO
- Primary residence only
- Fixed-rate financing available at USDA interest rates
- Gift funds allowed for closing costs
- New construction financing options available
To see if your property is eligible, click here and call me to discuss.
- You can reduce the interest rate (and, therefore, interest costs) by financing at a lower rate. This is a primary reason for refinancing. Depending on the circumstances, you can save a lot of money!
- You can extend the repayment time; thus, reducing the monthly mortgage payment. This increases your cash flow. That money can then be used to pay off high-interest debt (e.g., credit cards, school loans).
- Reduce your payment by changing from a variable-rate to a fixed-rate loan. This frees you from the sometimes expensive interest rate/payment fluctuations that can occur in a volatile real estate market.
- Rather than extending the term, you may decide to shorten the term and reduce the interest rate – for example, moving to a 15-year fixed rate. This may not increase your payment much and will still allow you to pay off your house years sooner.
- Finally, if you are a homeowner who understands investing money, you can refinance in order to raise cash for investments, improve overall cash flow, etc.
Trust the Experts
Work with a Mortgage Planner
Hiring professionals is a great way to ensure that you have the best person in place to help you with decisions, which is why working with a Mortgage Planner is incredibly important. At Fairway Independent Mortgage Corporation, we take the time to discuss your overall financial objectives, look closely at your credit and spending, and work with you to determine what the best loan for your life will be. After all, buying a home is usually the largest financial decision you will make, and you will need the best advice and guidance from someone you truly trust.