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Fairway Independent Mortgage Corp. NMLS Entity ID#2289 | Home Mark Newell

Fairway Mortgage Corp. is an exceptional mortgage company focused on providing exceptional service. We will provide you with smart home financing.

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Fairway Independent Mortgage Corp. NMLS Entity ID#2289 | Home Mark Newell | mortgagesbymarkn.com Reviews

https://mortgagesbymarkn.com

Fairway Mortgage Corp. is an exceptional mortgage company focused on providing exceptional service. We will provide you with smart home financing.

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1

Fairway Independent Mortgage Corp. NMLS Entity ID#2289 | Mortgage Calculators Mark Newell

http://www.mortgagesbymarkn.com/Calculators/Menu.aspx

How to Get a Loan. The following online calculators serve as helpful tools during the mortgage process. Calculate your monthly payment and see how the principal is paid over time. Rent vs. Own. Calculate the difference between renting and buying a home. Annual Percentage Rate (APR). Calculate the APR for fixed-rate or adjustable-rate loans. Determine if you can consolidate your debt by combining it with your home mortgage. Find out how soon you can pay off your mortgage by making a prepayment.

2

Types of Loans

http://www.mortgagesbymarkn.com/TypesofLoans.aspx

How to Get a Loan. Fairways Loan Program Offerings. Because Fairway is an independent mortgage company, we are able to offer a wide range of financing products. Fixed- and adjustable-rate mortgages (ARMs). FHA, VA and conventional loans. Loans for first-time homebuyers. Zero down payment options with USDA*. You can trust Fairway to provide your clients with everything they need for a simple, rewarding home loan experience. How to Get a Loan. Mark Newell, Loan Officer, NMLS # 50314.

3

Mortgage Glossary

http://www.mortgagesbymarkn.com/MortgageGlossary.aspx

How to Get a Loan. 2/1 Buy Down Mortgage. Provision in a mortgage that allows the lender to demand payment of the entire principal balance if a monthly payment is missed or some other default occurs. A way to reduce the remaining balance on the loan by paying more than the scheduled principal amount due. A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate. Sometimes called AMLs (adjustable mortgage loans) or VRMs (variable-rate mortgages).

4

Home Purchase Basics

http://www.mortgagesbymarkn.com/HomePurchaseBasics.aspx

How to Get a Loan. Steps to Purchasing a Home. Congratulations on your decision to buy a new home! There are many important things to consider throughout the process, especially if youre a first-time homebuyer. Heres some information that will keep you on track. Count On Your Real Estate Agent To:. 1 Preview available homes to weed out those that are overpriced, or undesirable in some other way. 2 Present the homes that suit your needs as youve defined them. Count On Your Loan Officer To:. This single de...

5

Mortgage Checklist

http://www.mortgagesbymarkn.com/MortgageChecklist.aspx

How to Get a Loan. Bull; W-2’s for the previous two years. Bull; Paycheck stubs for the last 30 days (most current). Bull; Employment history for the last two years (address any gaps of employment). Bull; Checking and saving account statements for last 3 months (all pages). Deposits must be documented – please make a copy of the check before you deposit it. Bull; Statements for 401(k)s, stocks, other investments (most recent). Bull; Signed tax returns from the last 2 years. Bull; 1099s or K1 forms. Surve...

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