Introducing FAIRWAY’s, Cash Guarantee Program

Closing Loans As Promised, As Scheduled, GUARANTEED

Here’s how it works:

• You come to FAIRWAY for Pre-Approval.
• We collect the necessary documents required for a mortgage application.
• We pull credit, we review the documentation, review with our underwriters and get clarifications when needed.
• We issue a real Pre-Approval with the Guaranteed Stamp on it.
• We call you and your Realtor®, and we also call the Listing Agent to describe the Guarantee and strength of borrower when you are submitting an offer.
  

How it helps you!

• Stronger offers on the table in a competing bid situation.
• More confidence from Listing Agent and Seller.
• Help you work with a local lender that “Guarantees” their work, rather than with internet / out of area Pre-Approval Letters.
• You will enjoy being able to avoid issues.
• You will be protected by our secure documentation collection methods.



What We Need From You

In order to pull a credit report, we will need:

• Full Names
• Social Security Numbers
• Home Address & Phone Number
• Copy of W2s and tax returns for the last 2 years.
• Copy of 2 months most recent bank statements (all pages please, even if blank).
• Copy of 1 month most recent pay stubs.
• One way to provide us with information we need to start your file is to fill out our secure Online Application.

Do

• Provide all pages of bank and asset statements, even if blank. If your statements indicate large deposits we will need to have a paper trail showing where the deposits came from and why.
• Stay current on your existing accounts.
• Opt out from the credit bureau lists at www.optoutprescreen.com to protect yourself from potential identity theft and so you aren’t bombarded with unsolicited offers after settlement.

Don't

• Don’t worry about rates yet. When you have a home selected and are at the Application stage, then together we can begin watching for the best time to lock a rate.
• Don’t provide teller or internet print-outs for bank statements – we cannot use them.
• Don’t apply for new credit when applying for a mortgage. A new debt could change everything.
• Don’t close credit card accounts or consolidate your debts onto one card.