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Fairway Independent Mortgage Corporation 16

Fairway Independent Mortgage Corporation 16

NMLS#

509205

About

Fairway Independent Mortgage Corporation 16

Fairway Independent Mortgage Corporation is a lending company located at 401 E 8th St, Suite 203 Sioux Falls, S.D. The company provides various mortgage loan types for home purchase and refinancing. Their team, led by Branch Manager Dave Kelly (NMLS#509205), offers excellent customer service and ensures clients are informed at every step of the loan process. Fairway Independent Mortgage Corporation is not affiliated with any government agencies and is committed to maintaining client privacy.

Loan programs at

Fairway Independent Mortgage Corporation 16

- Conventional Loans: Fairway Independent Mortgage Corporation offers conventional loans, which are popular in the market and are not insured or guaranteed by government entities. These loans typically require a higher credit score and down payment.

- FHA Loans: The company provides FHA loans, which are insured by the Federal Housing Administration. These loans have more flexible requirements and allow for lower down payments, making them suitable for first-time homebuyers.

- VA Loans: Fairway Independent Mortgage Corporation also offers VA loans, designed for active-duty military members, veterans, and eligible surviving spouses. These loans provide attractive terms with no down payment requirement.

- USDA Loans: The company offers USDA loans, a type of loan backed by the U.S. Department of Agriculture. These loans aim to help individuals and families with moderate to low incomes purchase homes in rural areas.

- Jumbo Loans: Fairway Independent Mortgage Corporation provides jumbo loans, which are larger than the conforming loan limits set by Fannie Mae and Freddie Mac. These loans are suitable for purchasing high-value properties.

- Construction Loans: The company offers construction loans, enabling borrowers to finance the construction of a new home or make significant renovations to an existing property. These loans typically involve a two-step process, including the construction phase and permanent financing.

- Renovation Loans: Fairway Independent Mortgage Corporation provides renovation loans, allowing borrowers to finance both the purchase or refinance of a home and the necessary repairs or renovations. These loans can be used for various improvement projects.

- Specialty Loans: The company offers specialty loans aimed at specific borrower needs, such as first-time homebuyers, medical professionals, and self-employed individuals. These loans may provide unique benefits or features tailored to the borrower's circumstances.

- Reverse Mortgages: Fairway Independent Mortgage Corporation provides reverse mortgages for eligible homeowners aged 62 and older. These loans allow homeowners to convert a portion of their home equity into loan proceeds, providing additional income or flexibility in retirement.

- Second Mortgages or Home Equity Loans: Additionally, Fairway Independent Mortgage Corporation offers second mortgages or home equity loans, enabling homeowners to use the equity in their property for various purposes, such as debt consolidation, home improvements, or major expenses.

Note: This information is based on the available content, and it's important to verify specific details and eligibility criteria directly with Fairway Independent Mortgage Corporation.

States

Fairway Independent Mortgage Corporation 16

is licensed to work in

Minnesota (MN-MLO-509205), North Dakota (NDMLO509205), South Dakota (509205.MLO)

Contact Lender

David Kelly M

401 E. 8th St, Suite 203, Sioux Falls, SD 57103

(605) 0484 334

Addy AI

945 Market St, Suite 501

San Francisco, CA 94103

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Copyright © 2024 Addy AI, Inc.

Addy AI

945 Market St, Suite 501

San Francisco, CA 94103

Resources

Social

Company

Copyright © 2024 Addy AI, Inc.