Fairway Independent Mortgage Corporation

Service. Speed. Satisfaction. That's the Fair-way

TRID Updates

What is TRID and how will it change the closing?

On and after Aug. 1- the initial disclosure forms GFE &TIL will be replaced by the Loan Estimate (LE). The LE must be in place 3 days prior to closing.

 

The final TIL and HUD-1 will be replaced by the Closing Disclosure (CD) which either the lender or settlement agent/attorney may prepare-at Fairway we will be preparing the CD.

 

At Fairway we have been getting ready for TRID for months. As with all changes, there are bound to be some glitches, but overall you can count on us to be prepared and able to help you have a successful, stress free closing.

Questions or concerns? Call  or email us directly at 781-719-4664 or info940@Fairwaymc.com to arrange to have Fairway come talk through TRID with you and your colleagues.


Learn more about our new Doctor Home Loan Program

Fairway Independent Mortgage Corporation now offers a new Doctor Home Loan Program that provides home financing for the purchase of a primary residence by newly licensed Physicians, Doctors, Dentists and Oral Surgeons. With less restrictive credit policies, our new program will assist new medical professionals by securing financing for a home when they might not otherwise qualify based on the standard guidelines. For more information call 781-719-4664 or email info940@fairwaymc.com


Fairway Newton is pleased to welcome Cheryl Smith, Herb Devine, and Wayne Olson who will be working out of our satelite office on Whiting St. in Hingham, MA. Experienced loan consultants, they are happy to discuss your home financing needs and provide pre-approvals as you search for your next home. They can be reached at 781-749-4663.





Home Buying Tips.  You have decided to buy a home, and if you’re like most people the first thing you’re going to do is log into your favor... MORE

Mortgage ApplicationYour Home During Divorce.  A couple’s home is often their largest asset, and is central to many of the decisions being made throughout the divorc... MORE

Keeping REALTORS® Safe.  It’s ironic that right at the start of National Safety Month, two real estate brokers in Florida were held up at gun poi... MORE