Loan Programs:

1. Conventional Loans:

- Fixed-rate and adjustable-rate options

- Loan amounts vary based on location and property type

- Competitive interest rates

2. FHA Loans:

- Backed by the Federal Housing Administration

- Low down payment options

- Flexible qualification requirements

- Suitable for first-time homebuyers

3. VA Loans:

- Exclusive to veterans, active-duty military, and eligible surviving spouses

- No down payment required

- Competitive interest rates and low closing costs

- Streamlined refinancing options

4. USDA Loans:

- Designed for rural and suburban homebuyers

- No down payment required

- Income and property eligibility criteria apply

- Option for low to moderate-income borrowers

5. Jumbo Loans:

- Higher loan amounts for luxury or high-value properties

- Flexible underwriting guidelines

- Competitive rates and terms available

6. Renovation Loans:

- Financing options for purchasing or refinancing a fixer-upper

- Include funds for home improvements or repairs

- Streamlined application process

- Variety of loan programs available, such as FHA 203(k) and Fannie Mae HomeStyle

7. Reverse Mortgages:

- For homeowners aged 62 or older

- Convert home equity into cash

- Flexible payout options (lump sum, monthly payments, line of credit)

- Requires no monthly mortgage payments, but borrower remains responsible for taxes and insurance

Note: Detailed information about each loan program, including eligibility criteria, specific terms, and rates, should be sought from a Fairway Loan Officer or on the company's official website.