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Temporary Changes to Refinance Locks

Due to the continued effects of COVID-19, Fairway Wholesale Lending is temporarily changing our lock policy for refinance transactions. 

Effective Tuesday, April 7, 2020, all refinance transactions at a minimum, must be in a Fairway Underwriting APPROVED status, or after in order to request a lock.  Additionally refinance lock terms will be limited to 30 days.
 
This is a temporary adjustment to current market conditions.

Please contact your Regional Account Manager should you have any questions related to this Client Announcement.

 

Client Announcement 2020-04-07