MADISON, Wis., Aug. 9, 2024 /PRNewswire/ -- Fairway Independent
Mortgage Corporation, named #1 for customer satisfaction among
mortgage origination companies in the J.D. Power 2023 U.S. Mortgage
Origination Satisfaction Study, announced today that Fairway has
been named on CNBC's Best Reverse Mortgage Lenders list, as well
as Money.com's 2024 Best Reverse Mortgage Companies.
In creating the list, CNBC considered dozens of lenders'
customer service, ease of applications, perks, affordability, and
details about their reverse mortgage options. After CNBC
tallied its findings, Fairway Mortgage was chosen as the Best
Reverse Mortgage Lender for Speedy
Closings. Money.com evaluated product offerings,
customer reviews, regulatory records, and online presence, and
named Fairway the Best Reverse Mortgage Lender for Homebuyers.
This combination of speedy closings and top of market service to
homebuyers makes Fairway an excellent choice for a HECM for
Purchase loan, allowing those over 62 to increase their purchasing
power or retain more cash from the sale of their homes.
Dan Ventura, President of Fairway's
Reverse group, acknowledged the efficiency of the HECM originations
at Fairway: "One of Fairway's Core Values is Speed To Respond, and
our Operations teams take pride in their ability to close loans
quicker and smoother than anyone else in the industry. In a
purchase scenario, timing is of the essence, and we strive to
guarantee a fast, and customer-focused experience."
With that sentiment in mind, and building on its award-winning
speed and efficiency in the mortgage industry, Fairway is
announcing the launch of its "15-Day Close" initiative for
HECM loans. Having already fostered a reputation for closing loans
faster than the competition, this new program aims to set even
higher standards for customer satisfaction. Laya Tate, SVP Reverse Underwriting at Fairway,
celebrated the launch of the new initiative: "Historically we have
closed loans in 17 days or less - now we are gearing up to close
loans even faster through being 'effectively efficient' throughout
the process from origination through closing. By further
streamlining processes and maintaining clear communication with
clients, Fairway is committed to delivering an unparalleled reverse
mortgage experience – in less time."
About Fairway Independent Mortgage Corp.
Madison, WI- and Carrollton, TX-based Fairway Independent
Mortgage Corporation (NMLS #2289) is a full-service mortgage lender
with branches in all 50 states. Fairway is the #2 overall
retail lender in the U.S. and was the #1 ranked mortgage
origination company for borrower satisfaction in 2023 by J.D.
Power.
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SOURCE Fairway Independent Mortgage Corporation