What is PMI?

August 16, 2018By pam-adminStreet Talk

If a borrower is not putting 20% down on a purchase, private mortgage insurance (PMI) will be a factor to consider when calculating monthly housing budget. PMI is insurance that protects the lender against losses in the rare case that a borrower is not able to repay the loan and the lender is not able … Read More

Mortgage Myth Busters

August 10, 2018By pam-adminStreet Talk

Myths can hurt our clients. Many potential homebuyers believe mortgage myths that are simply not true and may be holding them back from buying a home. Check out these 10 mortgage myths and let’s talk about the options available for your clients. You need 20% for a down payment You can only use your VA … Read More

Rethink Reverse

August 3, 2018By pam-adminStreet Talk

A reverse mortgage gives those that qualify the opportunity to gain financial security while eliminating monthly mortgage payments. Instead of monthly payments, the loan is repaid when the last borrower leaves the home. As part of the loan, the borrower is required to continue paying property taxes and insurance and maintain the home. Here are … Read More

Your Client May Have More Options Than You Think

July 26, 2018By pam-adminStreet Talk

In this ever-changing market, it is more crucial than ever to lean on a trusted Loan Officer when working with clients. Guidelines and program qualifications continue to be updated and what works for one client may not be the best fit for another. Fairway offers numerous specialty products and programs to allow us to best … Read More

Beware of Wire Fraud

July 11, 2018By pam-adminStreet Talk

Wire fraud has become an increasing issue. When a scammer commits wire fraud on your clients, they intercept emails and track frequently visited websites in an attempt to compromise the wire transfer. Here are a few helpful tips that your clients need to know so that they can better prevent wire fraud from happening.   … Read More

What is IGTV and What’s It To Me?

July 5, 2018By pam-adminStreet Talk

Instagram recently announced the launch of its longer-form video, IGTV. Videos on IGTV can last up to one hour, a steep contrast to the one minute limitation on Instagram, and can be viewed in the Instagram application or by downloading the independent IGTV app.  But why does this matter to the housing industry?   Made … Read More

July 4th – A Whole Week of Things To Do

June 28, 2018By pam-adminStreet Talk

For many the 4th of July is the kickoff of summer. With the holiday quickly approaching, many people are deciding how to celebrate. Unsure of what you want to do, check out these suggestions! Are you still debating when to celebrate because the holiday is in the middle of the week? Check out when, where … Read More

National PTSD Awareness Month

June 21, 2018By pam-adminStreet Talk

June is National PTSD Awareness Month. In an effort to support all Veterans, the Department of Veterans Affairs is providing various resources for Veterans in crisis. Please visit www.veteranscrisisline.net if you or a loved one is in need of somebody to talk to or  for additional resources. The website offers live chat, phone call and … Read More