Shorter Lock With Approval
In an effort to better serve you, effective Monday August 12, 2019, Fairway is allowing 15-day and 30-day lock periods on all refinance transactions that are in “Approved” status.
The 45-day lock period requirement will remain in place for all refinance transactions that are not yet in approved or CTC status.
Current Underwriting Turn-times: 5-8 business days from loan submittal.
Please contact your Regional Account Manager should you have any questions related to this Client Announcement.