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.

Positive Government Changes:

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

FHA Lender ID: 7950700001
VA Lender ID: 7951870000
MERS Org ID #: 1003924

CALL US (877) 743-6798

Helpful links

Mortgagee, Hazard, Title

Fairway Independent Mortgage Corporation
ISAOA / ATIMA
4201 Marsh Ln. | Carrollton, TX 75007
Loan Number: _____________

Ask Desk

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Hours: 8:00am – 5:00pm CST

Scenarios & UW Guideline Questions
General website help & Troubleshooting

Lock Desk

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Hours: 8:30am – 6:00pm CST
Phone: 877-774-9828
Lock Cutoff: 8:00pm CST

Send requests for: Lock updates | Corrections | Extensions | Relocks

Fairway Wholesale Lending,
a Division of Fairway Independent Mortgage Corporation
NMLS Entity ID #2289
550 Warrenville Rd. Suite #300, Lisle, IL 60532
Direct: (331) 212-8740
This email address is being protected from spambots. You need JavaScript enabled to view it.

Service | Speed | Satisfaction

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.