Fairway Independent Mortgage Corporation offers nationwide access to conventional, FHA, VA, USDA, construction, physician, reverse, and non-QM mortgages.
Borrowers comparing multiple mortgage programs
VA, FHA, USDA, or affordable-housing borrowers
Physicians seeking physician loan options
Fairway states that its loan officers work to secure the fastest turn times in the industry and describes its pre-approval process as streamlined and without the wait.
Revolution Mortgage offers online and app-based applications, purchase and refinance loans, and FHA-insured HECM reverse mortgages for homeowners age 62+.
Homebuyers seeking mortgage pre-approval
Homeowners refinancing an existing mortgage
Homeowners age 62+ exploring FHA-insured HECM reverse mortgages
The loan process from signing the Loan Estimate to closing typically takes an average of 22 days.
What mortgage costs should I compare between lenders?
Compare the interest rate, APR, points, lender credits, origination fees, appraisal and underwriting fees, and estimated closing costs. Ask each lender for a Loan Estimate so the fees and cash needed to close can be compared consistently.
What should first-time homebuyers look for in a Durham mortgage lender?
Ask whether the lender offers FHA or other low-down-payment programs, first-time-buyer assistance, rate-lock options, and a clear list of required documents. Compare at least two Loan Estimates rather than comparing rates alone.
How long does mortgage approval usually take?
Timing varies with the borrower’s documents, appraisal, title work, and underwriting workload. Preapproval is generally obtained before making an offer, while final approval and closing occur after the property is under contract.
Are North Carolina home closings handled by an attorney?
North Carolina residential closings are typically conducted through a licensed North Carolina real-estate attorney, who handles title work and closing documents. Confirm the closing process and attorney fees with the lender and buyer’s agent.