by Becky Webber | 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 Becky Webber | 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 Becky Webber | Sep 10, 2024 | Market Update, Mortgage Rates, Real Estate
Did you hear? Mortgage rates are at a 15-month low right now, and with the Fed cutting rates, they might drop even more. If you’ve been thinking about refinancing your mortgage, this could be a great time to do it and save some money. But before jumping in, let’s...
by Becky Webber | 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...