Loan programs
Twelve ways to finance a house. One of them is yours.
Fairway’s product shelf is wide, which matters less than knowing which shelf to reach for. Every program below is one I originate personally in North and South Carolina — with a plain explanation of who it is for and what it costs you.
Not sure which?
Fifteen minutes on the phone narrows twelve programs to one, usually before we hang up. No application required to have that conversation.
Most used
The programs that cover most buyers
Six of the twelve account for the large majority of what I close. Start here unless you already know your situation is unusual.
Pick one
Six questions that choose the program for you
In order. The first one you answer yes to is usually your answer.
Are you an eligible veteran or service member?
Then VA financing beats everything else available. Zero down, no monthly mortgage insurance, and the funding fee is waived entirely if you receive compensation for a service-connected disability.
VA loansIs the property outside a developed area?
USDA is zero down with an annual fee lower than FHA’s. Eligibility is by address and household income, and more ground within driving distance of Charlotte qualifies than people assume.
USDA loansIs your credit in the 700s?
Conventional at 3–5% down usually costs less over time than FHA, because the mortgage insurance can be removed once you reach 20% equity rather than lasting the life of the loan.
Conventional loansIs your credit thinner, or are your debt ratios tight?
FHA is built for exactly that: 3.5% down, more forgiving guidelines, and a realistic approval where conventional says no. The trade is mortgage insurance that generally stays.
FHA loansAre you building, or buying something that needs work?
A single-close construction loan covers land, build and permanent financing in one closing. A renovation loan finances a purchase plus the repairs against the after-improved value.
Construction loansSelf-employed with aggressive write-offs?
A bank-statement program qualifies you on business deposits instead of tax returns, which is often the difference between a denial and an approval for a profitable business owner.
Self-employed options
Also available
The rest of the shelf
Situations that need a specific product rather than a standard one. All of these are routine here.
Client reviews
Clients on getting it right
Picking the wrong program costs real money. Picking the right one is most of my job.
5.0
45 reviews
Travis and his team are just absolutely wonderful. We just closed on our new house and he was with us every step of the way. This is the 4th time we have used him as our lender over the years and he never disappoints. He is consistent with his knowledge but does it in a way that you feel like you are old friends with him. I tell everyone I know looking to buy a home to call him. I honestly know they will get the same amazing care my husband and I receive by working with him. Can’t say enough good things about him…. If you are looking to buy I highly suggest you reach out to him and his team!
I absolutely recommend Travis for any prospective buyer! As a first time homebuyer, I was really nervous and unsure about the process, but Travis was super helpful every step of the way. He took the extra time to explain everything to me and was always quick to respond to any questions or concerns I had which I really appreciated. Travis made this experience so much less stressful, I felt like I could relax a little since I knew I could count on him. Additionally, he was always a delight to talk to and by the end he was just as excited as me to close on my house, haha. I highly recommend his services especially for any first time homebuyers looking for a supportive and knowledgeable lender!
Travis was always there with an answer and guiding me through the whole lending process! Very professional and friendly, feel like I've known him for years...would highly recommend Travis for anyone in the market!!!
Travis is an amazing lender! I always joke I’m going to buy him a cape to wear because he is forever saving a deal!! If you want a lender that’s reliable, PROMPT, knowledgeable and genuinely cares about his customers! I recommend all my buyer clients to Travis!
Travis went above and beyond to make sure we understood the financial process of buying a home. He was always responsive whenever we had questions.
#1 Choie for any Mortgage first time buy, refi, and Cash out Refi. Great customer service, responds to every call and text, knowledgeable and experienced, Excellent at communication before performing task to his clients. Answers any questions in a perfessional manner.
Fairway Independent Mortgage Corporation is not affiliated with any government agencies. These materials are not from HUD, VA, USDA or FHA, and were not approved by HUD, VA, USDA or any other government agency. This is not an offer to enter into an agreement or a commitment to lend. Not all applicants will qualify. Information and rates are subject to change without notice. All loans are subject to credit review and approval. Program availability, guidelines and loan limits are subject to change. Fairway Home Mortgage is a division of Fairway Independent Mortgage Corporation. NMLS Entity ID #2289.
Next step
Tell me the situation. I will tell you the program.
Credit, income, cash on hand, and where you are looking. That is enough for me to tell you which of these fits and roughly what it costs — usually on the first call.