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Shorter Lock With Approval

In an effort to better serve you, effective Monday August 12, 2019, Fairway is allowing 15-day and 30-day lock periods on all refinance transactions that are in “Approved” status. 

The 45-day lock period requirement will remain in place for all refinance transactions that are not yet in approved or CTC status.

Current Underwriting Turn-times: 5-8 business days from loan submittal. 

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

08/08/19

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