by Chris Kobz, SVP & Director of California Employee Loan Program | Nov 19, 2024 | First Time Home Buyers, Home Buying, Real Estate, Technical Mortgages
Ever wondered how some investors in their 20s manage to own 20 (or more!) properties before they even hit 30? It’s not because they’ve won the lottery or inherited millions. Their secret? DSCR Loans (Debt Service Coverage Ratio Loans). We specialize in programs like...
by Chris Kobz, SVP & Director of California Employee Loan Program | Oct 23, 2024 | Home Refinance, Market Update, Mortgage Rates, Technical Mortgages
Stay Ahead of the Market with the California Employee Loan Program (CELP) Team at Fairway Independent Mortgage Corp. The California Employee Loan Program (CELP) Team at Fairway Independent Mortgage Corp. is proud to introduce a new service designed to make...
by Chris Kobz, SVP & Director of California Employee Loan Program | Oct 3, 2024 | Credit, Home Buying, Real Estate, Technical Mortgages
At Fairway Independent Mortgage Corp, we’re committed to providing you with a seamless and stress-free mortgage experience. One of the ways we achieve this is by using soft credit pulls for prequalification. Why Soft Credit Pulls Matter Soft credit pulls...
by Chris Kobz, SVP & Director of California Employee Loan Program | Sep 26, 2024 | First Time Home Buyers, Home Buying, Technical Mortgages
If you’re self-employed or have income that’s hard to show through tax returns or pay stubs, getting a mortgage might seem tricky. But don’t worry—there’s a loan just for you: the bank statement loan. In this guide, I’ll walk you through what it is, how it...
by Chris Kobz, SVP & Director of California Employee Loan Program | Jul 25, 2024 | Mortgage Rates, Technical Mortgages
What is a Mortgage Recast? If you’re wanting to reduce your monthly mortgage payment without refinancing, mortgage recasting might be the answer you’re looking for. By making a lump sum payment towards your principal balance, you can effectively lower your...
by Chris Kobz, SVP & Director of California Employee Loan Program | Jun 11, 2024 | First Time Home Buyers, Home Buying, Technical Mortgages
When you begin the journey to purchase your first home, securing a mortgage is likely on your to-do list. Navigating the mortgage process for the first time can feel like learning a new language. To help you get started, here are six essential mortgage terms you need...
