In the ever-changing landscape of the mortgage market, staying informed about potential shifts is crucial for homeowners and prospective buyers alike. Fairway Independent Mortgage Planner Josh Kilty is here to guide you through the promising outlook for 2024. 1. The Anticipated Decrease in Interest Rates: As we step into 2024, industry experts forecast a decline...
Fairway Independent Mortgage Corporation is thrilled to announce its recent recognition as the “#1 in Customer Satisfaction among Mortgage Origination Companies” by J.D. Power. This esteemed accolade reflects Fairway’s unwavering commitment to providing exceptional service to homebuyers across the nation. Josh Kilty, Mortgage Loan Officer in Marshfield, commented on the achievement, saying, “This recognition by...
Fairway Mortgage of Central Wisconsin is excited to announce that it has relocated its office to a new, more accessible location at 144 S Central Avenue, Marshfield. This move represents a significant step forward for the company, allowing it to continue serving its valued clients with even greater convenience and efficiency. In the fast-paced and...
A 15-year mortgage and a 30-year mortgage are two common options for home financing, each with its own set of pros and cons. At Fairway Mortgage, we’re here to help you determine which mortgage option is best for your situation. The choice between the two depends on your financial situation, goals, and priorities. Here’s a...
Making Informed Decisions in the Face of Rising Interest Rates As interest rates continue to rise, it becomes increasingly important to make informed decisions when it comes to securing a mortgage. Choosing the right mortgage professional can make a significant difference in your financial well-being. Fairway Mortgage explains five crucial factors to consider when selecting...
Those currently in the market for a home are probably experiencing challenges stemming from inventory. These challenges include increased competition, limited choices, and rising prices. During times of low inventory in the housing market, working with a reliable and experienced mortgage lender like Fairway Mortgage can offer several advantages. Expertise and Experience: Fairway Mortgage has a...
Credit scores are numerical ratings that lenders use to evaluate a borrower’s creditworthiness. They are calculated based on a variety of factors, including payment history, credit utilization, length of credit history, and types of credit accounts. The most commonly used credit score model is the FICO score, which ranges from 300 to 850. The higher...
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 Independent Mortgage Corporation has been named one of the nine best mortgage lenders for 2021 by The Mortgage Reports. Fairway received this award for their excellent customer service, extensive loan knowledge, large selection of loan products, and competitive mortgage rates. Additionally, Fairway was recognized for its great online and app functionalities, ability to help...
As a mortgage application moves through the process of approval, it leaves the hands of the processor and moves on to the desk of the underwriter. The underwriter acts as a gatekeeper in the loan approval process. When purchasing a home, the loan cannot close or be funded without the approval of an underwriter. Mortgage loan approval...
