What is APR?

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What is APR?

What is APR? One of the most common questions that we get is what is APR, or why is my APR higher than my mortgage rate. So I wanted to explain what APR is today and explain the difference between APR and your actual mortgage rate, which is also called the note rate. I’m going…

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Do I Have To Pay That Property Tax Bill

 Do I Have To Pay That Property Tax Bill If you’re a homeowner, you might have received a property tax bill from the county. We get this question all the time this time of year, because it can be really confusing, especially if you’re a new homeowner. The reason why it’s confusing is what it’ll…

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Is That Condo FHA Approved: How to Find Out?

Is That Condo FHA Approved: How to Find Out? If you are shopping for a condo right now, no matter what the market’s in, and you’re obtaining an FHA mortgage – it’s important to figure out if the condo is FHA approved. FHA has a website where you can go and look up the condo…

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What is a HECM Reverse Mortgage?

What is a HECM Reverse Mortgage? Today I’m going to answer the question what is a reverse mortgage, and more specifically – What is a HECM Reverse Mortgage? First of all, what is a reverse mortgage? A reverse mortgage is simply any loan secured by a home where the payments are deferred to a later…

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Fed To Raise Rates In 2022?

 Fed To Raise Rates In 2022? I wanted to share with you that the Federal Reserve just had their most recent meeting here in December, and they announced that they’re going to raise interest rates in 2022. This is something that we’ve been expecting for quite some time. And I wanted to share a couple…

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Renters Beware

This week’s tip is for you renters out there watching this video. And if you are not a renter but you know of someone that’s renting, please forward on this video, share it because this is very, very important information. This is a warning to renters right now that are perhaps wanting to buy a…

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2022 Conforming Loan Limits

2022 Conforming Loan Limits https://youtu.be/I21_uGF_Fvc The new 2022 conforming loan limits in Colorado and nationwide have been set.  The conforming loan limit is the maximum amount that any homeowner can borrow to obtain a government-backed Fannie Mae or Freddie Mac loan. Any loan amount above the 2022 conforming loan limits in Colorado is considered a…

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What Is LTV?

What Is LTV? This week I wanted to get into something that drives me absolutely bonkers, and that is when mortgage professionals and real estate agents use terminology and acronyms that most people don’t understand. A lot of mortgage people, they don’t get that most people don’t think about mortgages and real estate every day.…

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What is DTI and Why Is It Important? Mortgage Tips

What is DTI and Why Is It Important? Mortgage Tips Happy Thanksgiving to all of you. I hope you’re enjoying some relaxing and fun time with your friends and family. This week I wanted to get into some terminology that’s used in the mortgage industry, that can be confusing for some people, because, let’s face…

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8 Strategies To Get Your Offer Accepted

8 Strategies To Get Your Offer Accepted If you’re out there looking to buy a home, you know that it’s brutal out there. It’s competitive. There’s many, many offers on the same house. It’s hard to get your offer accepted. So this week I have for you eight things that you can do to make…

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About Us

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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