Fairway Renovation Home Loans

01/14/2021

Get the home office space you need! Contact us for details!

- http://www.timscurlock.com

01/06/2021

Have big ideas for updating your living space? Contact me today to learn about renovation loan options!

10/09/2020

Outdoor space does add value, now more than ever! Take advantage of record low interest rates and create that outdoor retreat!

04/04/2020

For those of you considering doing a forbearance of your mortgage loan at this time.....
Let’s do some ‘mortgage forbearance math’.
——————————————
Mom and Dad have a mortgage.
It's currently $1,500 per month.

Dad gets laid off, calls the servicer, and asks for forbearance.

In one phone call, he gets 6 months "off" from paying.

Seven months later, Dad is finally back to work, and hasn't been able to save any money during the forbearance.

Forbearance is lifted and servicer says,
"That will be $9,000 + $1,500, which is now due". ($10,500)

Dad almost passes out and says, “WHY??"

Servicer: "That's the 6 months of forbearance plus the current month.”

Dad: "I can’t do that, can we work something out?"

Servicer: "Sure, we will spread out the $9,000 over 12 months."

Dad: "Phew....ok, good. What will that look like?"

Servicer: That will be $2250 a month for the next 12 months."

Dad: " OMG!!! I can't afford that."

Servicer: "Sorry....."

Dad: "Can I refinance?"

Servicer: "No because the loan went into forebearance."

Dad: "What can I do?"
——————————————

In a nutshell, this is forbearance, folks. Forbearance is not forgiveness. We need to keep putting this message out there, because we are still getting a lot of questions. Please understand the seriousness of this, and if you still have questions, you know we are always here for you.

We will help guide you in the proper direction. We know these are very hard times, and understand there is panic in uncertainty. Please just hang in there. This too, shall pass.

Feel free to reach out with questions 913-620-7973 or [email protected]. We can review doing a debt consolidation loan or refinance to lower the payment which many times is a better option!

02/20/2020

02/12/2020

LOOKING TO RENOVATE OR UPDATE YOUR HOME IN 2020!!
Home equity is at all-time high's and Interest Rates are near all time low's!
In this 'open to the public' seminar, you will learn why now could be the best time to:
Update Kitchens and Baths
Add Square Footage
Finish a Basement
Add a Detached Garage
Make the Back Yard/Patio an Outdoor Oasis..and much more!

Sign up using the link in the flyer below and/or reach out directly with questions!

Let us show you how to access up to 95% of your homes 'after improved value' using a 30 year Conventional Existing Home Construction Loan!

Tim Scurlock - Sr. Loan Officer, Fairway Independent Mortgage Corp.

06/20/2019

The best homes in the best neighborhoods sell the fastest, and usually with multiple offers. Don’t let that stop you from getting into the neighborhood you desire. Consider an Existing Home New Construction Loan. Let us show you how you can take advantage of this trend and make your home Your Way!

Houzz has released the results of its eighth annual Houzz & Home Report, which polled more than 140,000 respondents in the U.S. about their remodeling activities. The median homeowner surveyed said they plan to spend $10,000 on home renovations in 2019. 51 percent said they plan to continue or start...

04/18/2019

About 60% of people looking to buy a home are willing to consider a property that needs renovating as rising prices make it harder to afford a turn-key listing, according to Move.com.
The most likely people to take on projects already had the experience of owning a home and were under the age of 55, according to the survey. About 65% of home shoppers aged 35 to 54 were willing to fix up a property and 59% of buyers under 35 would take on projects. Less than a third of buyers over the age of 55 would consider a property that needs renovations.

Spending on home renovations reached a record in 2018, according to the Joint Center for Housing Studies at Harvard University in Cambridge, Massachusetts. Americans spent $336.9 billion on remodeling projects, up 7.4% from the $313.6 billion a year earlier.

Why not give your clients what they are looking for, competing in a way the competition doesn’t even know a game is going on. – Andy Andrews

About 60% of people looking to buy a home are willing to consider a property that needs renovating as rising prices make it harder to afford a turnkey listing, according to Realtor.com. Most of them were inspired to take on the projects by watching TV home renovation shows on networks like HGTV, acc...

03/05/2019

MISSION, Kan., Feb. 25, 2019 /PRNewswire/ (Family Features) The influence of global cultures is increasingly visible in home decor as technology expands...

02/11/2019

Instead of looking for the perfect home (that will likely go under contract immediately) ...search for the house with some deferred maintenance and make it exactly how you want it! With an Existing Home Renovation Loan, we make the process easy and explain all of the steps required to take advantage of this increasingly popular conventional loan product!