What to do when something is on your credit for too long!

Credit Repair guyMany people are aware that the credit bureaus are only allowed to keep negative information on your credit reports for a certain amount of time, but what do you do if they violate those rules?  Credit is a frustrating mystery for most, but not for Michelle Black at HOPE USA.  Michelle is an expert on credit scoring and how to repair your credit the right way.  She has helped many of my clients over the years and she recently posted an article that sheds a lot of light on this topic.

You can check out her full article by clicking here… FULL ARTICLE


NCHFA Home Advantage Loans

NCHFA LogoAre you putting off buying a home because you think you need to save up more money?  Well you might not have to wait as long as you think!  Fairway is proud to offer NCHFA Home Advantage loans with down payment assistance that you can use to buy a home in Charlotte!  You can actually use this program to buy a home anywhere in North Carolina!  There are no restrictions within the state, so unlike USDA or House Charlotte, you don’t have to bypass a home you love because it’s not in a certain neighborhood.  There are some awesome benefits to this program, but there are some guidelines you should know about too.  I will detail the most important points below. Read more »

Government Shutdown Impact on the Mortgage Market

Gov shutdownA partial shutdown of the federal government has monopolized the headlines lately and certainly comes with some impacts to all lending institutions, including Fairway.

Not all government agencies have issued specific guidance, we are speculating on some of the likely outcomes based on industry sources and past experiences in 2012 and 2011 when shutdowns were threatened.

Agencies that have been deemed essential with no likely impact on lending: Read more »

Get Your Offer Accepted in Charlotte Sellers’ Market!

Get PreApprovedIf you want to buy a home soon, you need to understand the real estate market in Charlotte, NC.  Charlotte is a Buyers’ Market NO MORE!  Bidding has become very competitive and I have even had clients offer the full list price and get out bid!  What does a sellers’ market mean to you as a homebuyer, and how can you put your offer at the top of the stack?

Here is my top 5 tips to get your offer accepted… Read more »

Your KEY to Mortgage Approval!

victory of paperworkWhat We Need to APPROVE YOUR MORTGAGE!

The number one reason for delays in obtaining loan approval and for delayed closings is incomplete or insufficient financial documentation remitted by applicants. This article contains clarity and will allow you to avoid these pitfalls. If you have questions regarding any of the items that we have requested please do not hesitate to call me directly at 980-721-7478 or email me at olan@fairwaync.com.

Please get all applicable items on this list together right away. If you decide to move forward with a loan you will be ahead of the game!

Click on this link to download a printable copy usable as a CHECKLIST… Your Key to Mortgage Approval

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