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.
FHA and VA cash out refinance transactions available
640 minimum credit score for all government transactions – purchase, rate/term refinance, cash out refinance and VA IRRRL
30 day locks available at time of application; 15 day locks on all refinance transactions available at Approval milestone
Removal of DTI restrictions – follow AUS feedback
Please see the rate sheet for all applicable loan level price adjustments.
Positive Government Changes | Client Announcement 2020-06-02
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