Positive Government Changes
Fairway Wholesale Lending is happy to announce we’ve updated our government guidelines effective immediately. These guidelines apply to loans currently in the pipeline.
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FHA and VA cash out refinance transactions available
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640 minimum credit score for all government transactions – purchase, rate/term refinance, cash out refinance and VA IRRRL
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30 day locks available at time of application; 15 day locks on all refinance transactions available at Approval milestone
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Removal of DTI restrictions – follow AUS feedback