What Are Loan Limits For 2020 and Why Should I Care?

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What Are Loan Limits For 2020 and Why Should I Care?

What are the Conforming Loan Limits for 2020? If you’re wondering what the answer to the question is of what are the loan limits for mortgages for 2020, I’m going to answer that question. So first of all, I want to talk about the nationwide conforming loan limits for 2020, which increased to 510,400. In…

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How Do Credit Card Balances Affect Your Credit?

How Do Credit Card Balances Affect Your Credit? If you don’t already know, credit determines a lot when you are buying a house. This week I’ll explain how high AND low credit card balances can affect your credit, see you on the other side! Credit scores are a statistical number that indicates your creditworthiness, and…

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Printable Moving Checklist

A moving checklist is an easy way to stay on task during a move. Whether you’re moving out of state or into a new house around the block, print U-Pack’s Moving Checklist to help you stay organized. Printable Checklist  

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Big News for Condo Buyers and Owners

Big News for Condo Buyers and Owners This is huge news for condominium buyers and owners! Prior to October 15th, 2019, Federal Housing Administration (FHA) required that the condo being purchased had to be in a complex that was FHA approved. However, many HOAs let their FHA approval status expire, putting it back on the…

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When Should I Lock My Rate?

When Should I Lock My Rate? Whether you are refinancing or buying a home, here are a few things to think about when you are trying to decide whether to lock your rate or wait! What is a rate lock? Rate locking means, exactly that… locking your rate. When you lock your rate on a…

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Qualifying with $0 Down using USDA Loans

Qualifying with $0 Down using USDA Loans The USDA Home Loan in Colorado is an under-utilized program designed to help buyers purchase homes in small towns, rural areas, and even the outskirts of front range cities with 100% financing assistance. The program offers low mortgage insurance and the ability to refinance similar to any other…

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How To Get Rid Of Mortgage Insurance

How To Get Rid Of Mortgage Insurance One of the most popular questions we get, is how do I get rid of my mortgage insurance? For those that don’t know, mortgage insurance, also known as PMI, is a lender’s protection program in the event of a default on the loan. PMI is required for anyone…

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Thanks for visiting Fairway Independent Mortgage Corp.. Local expertise and broad real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources offered here.

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Fairway Independent Mortgage Corp.

(303) 670-0137
165 S. Union Blvd
Lakewood, CO 80228

Fairway Independent Mortgage Corp. NMLS# 2289
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Richard Baxter NMLS #395819, CO License #100034412
FIMC #2289
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