Positive Change to Refinance Locks
Fairway Wholesale Lending has removed the temporary COVID-19 policy related to refinance locks. Effective immediately, refinance transactions may be locked at any point and are no longer restricted to being in an APPROVED status.
This change applies to rate term refinance only. The maximum lock period will remain at 30 days.
Please contact your Regional Account Manager should you have any questions related to this Client Announcement.