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...
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...
Mortgage rates are low nationwide, but the markets are fluctuating. Now may be the right time to refinance your home mortgage. As your Mortgage Planner, I would love to review your current rate with you to determine if this may be the ideal opportunity to refinance your mortgage loan. By refinancing your home, you are paying off...
Congratulations! Purchasing a new home is an exhilarating experience, and you will have plenty of things on your to-do list from here forward. While you may be ready to start moving furniture immediately, consider doing at least the following five things between your closing date and move-in date: Arrange your utilities – Call ahead to set...
BUSINESS PROFILE: FAIRWAY INDEPENDENT MORTGAGE If you’re searching for a new home, Fairway Independent Mortgage is there to make the buying process easier. Our team is dedicated to helping customers with everything and anything with the home-buying process, whether it be finding the best rate or providing personalized service. With our 10 Core Values, you’re...
