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Fairway Independent Mortgage Corporation offers affordable and straightforward mortgage solutions. There are over 670 locations nationwide with local service and support backed by national strength. Whether you are buying your first or second house or refinancing, Fairway has a variety of financing options for you. You will be guided by an experienced loan officer from application to closing. Fairway will calculate the adjusted sale price by combining the purchase contract amount with the repairs or improvements that would be required to buy a home. A renovation loan can be used to refinance an existing mortgage or finance your home improvements and repairs. Since the project may require more money than purchasing a move-in-ready property, you may be able to finance the six months of the property’s remaining mortgage payment to prevent expenses from the previous property overlapping with repair expenses. The eligibility requirements for repairs or upgrades can vary between loan programs. As you work with the Fairway Mortgage Advisor, you may learn about your options and the precise rules for which repairs or upgrade projects are allowed.
 
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