Since partnering with the American Warrior Initiative in 2015, Fairway Mortgage Company has helped financially support more than 300 service dogs through the nonprofit. AWI is a non-profit arm of Fairway and something team members can donate to through payroll to help fund these dogs. These service dogs are partnered with wounded military veterans. “It’s...
Author: fairplanadmin
LOCAL MORTGAGE PROFESSIONALS MAKE HOME BUYING PROCESS PAINLESS
When Rickie Schiffner and his wife Tina were ready to find a new home in Central Wisconsin, their realtor recommended reaching out to Josh Kilty at Fairway Mortgage. Kilty has been a longtime mortgage professional based in Marshfield and helped thousands of people navigate the complicated home-buying process. “We went in and talked to Josh...
FAIRWAY SPOTLIGHTS TEAL PUMPKIN PROJECT THIS HALLOWEEN
Halloween is right around the corner and children everywhere are looking forward to celebrating in some way. Unfortunately, children with food allergies miss out on the full Halloween experience as most types of candy are off-limits to them. In light of this, Food Allergy Research & Education (FARE) has created the Teal Pumpkin Project to...
A 7-Step Guide for Saving to Buy a House
Saving for a new home is unlike any other savings experience. You’re not just filling a bank account and hitting a number. Instead, you’re preparing for what is likely the largest purchase of your life. Fortunately, there are professionals well-versed in helping buyers navigate the home-buying process. “In a competitive housing market where bidding wars...
FAIRWAY EXPLAINS: WHAT DOES A HOME APPRAISER DO?
When you are purchasing a home, an appraiser plays an important role. The appraiser’s job is to determine the current market value of the property. They will conduct many tasks on site such as room-by-room walkthroughs, property walks, and additional reviews of the property. A few key features of the home that the appraiser will...
FAIRWAY SHARES TIPS ON WHAT TO LOOK FOR IN A NEW HOME
Purchasing a home is not only a large financial decision, but also can be emotionally stressful. Fairway Mortgage’s Josh Kilty works with people every day to help them with their dream of home ownership. “Many buyers enter into the process without any idea of what they are really looking for in a home,” he said....
5 Things to Know About the Housing Market Right Now
Home prices across the nation have reached record highs and continue to increase. But there are early signs that a slowdown in prices is in the cards, as newly built home sales tumbled over 16% in April 2022, according to the Census Bureau and the Department of Housing and Urban Development. For senior economist and...
FAIRWAY EXPLAINS THE HOME APPRAISAL PROCESS
Those who have experienced the home buying process have likely heard of a home appraisal. Home appraisals allow the buyer, seller and lender to determine the fairest sales price possible for the home based on a variety of factors. Here are some basics about appraisals, courtesy of Josh Kilty, Fairway Mortgage in Marshfield: WHAT IS...
FAIRWAY MORTGAGE EXPLAINS ESCROW ACCOUNTS
An escrow account is a non-interest-bearing account that sets aside roughly one-twelfth of your annual property taxes and homeowners insurance each month with your regularly scheduled payments. An escrow account is not managed by the homeowner, but rather the loan servicer to ensure that there is enough money to pay taxes and insurance while maintaining...
FAIRWAY DEBUNKS FOUR MYTHS ABOUT HOMEOWNERSHIP
FAIRWAY MORTGAGE DEBUNKS HOMEOWNERSHIP MYTHS Making the transition from renter to homeowner can be overwhelming. With so much information available to those looking to purchase, it can be hard to know what is accurate. Working with a trusted mortgage planner to determine when the right time is to purchase and how much house can be...