Finding which mortgage company is best for you takes time and research. With hundreds of companies to choose from and dozens of different home loan options, the choices can be overwhelming. This article guides you through one of the top mortgage companies in the country by overall lending volume, giving you information needed to make a quality decision.

Who They Are

Fairway Independent Mortgage Corp. is among the top 50 residential home mortgage lenders in the country, with over $15 billion in loans for 2015. Ranked 36th by MortgageStats.com for residential total loan volume, as of Q3 2014, the company operates from over 250 branch offices and its headquarters in Madison, Wisconsin. It employs over 3,200 people with over 1,200 loan officers, and was founded in 1996 by Steve Jacobson. Mortgage Executive magazine rated it as a top mortgage company to work for, as voted by loan officers from 2013 to 2015.

The company focuses on the consumer with a vision that supports quick loan turnaround times and consistent customer service. With offices in 47 out of 50 states, it provides a broad base for consumers to interact with actual Fairway employees, instead of brokers or third-party loan servicers. This can be important if you want to deal with the same company or loan officer over the life of your mortgage, instead of a mortgage servicer.

Mortgage Products Offered

Fairway offers the most popular home loan products on the market, including fixed-rate mortgages with 15- and 30-year terms, although other options are available. Adjustable-rate mortgages are also available, including an initial fixed rate that becomes adjustable, with the fixed-rate terms ranging from one to 10 years. Conventional loans, conforming or nonconforming mortgages are available, typically offering customers a lower interest rate and fee structure than government-insured loans from the Federal Housing Administration (FHA).

Conforming loans conform to requirements as set out by the Federal National Mortgage Association, a government-backed private corporation known as Fannie Mae, which guarantees mortgages or purchases them in the secondary market.

Fairway offers FHA and Veteran Affairs (VA) loans, as well as the U.S. Department of Agriculture's rural development mortgages. These government-insured mortgages typically are less flexible, but allow a higher loan-to-value (LTV) ratio and lower down payments. Fairway also offers non-typical home loans for investment properties, debt consolidation mortgages, and two more common loans in jumbo and refinance mortgages.

Mortgage Rates

As with most private mortgage lenders, Fairway does not post its mortgage interest rates on its website. Part of this may also be due to the fact that the company has over 250 branches, so it needs to keep its rates in line with its local competitors in each market. You can find the interest rate in your area by finding a branch near you. Use the branch locator on the Fairway Independent Mortgage website, and call your local Fairway office directly.

What Consumers Are Saying

The company is accredited by the Better Business Bureau (BBB) with a top rating of A+ and an outstanding rate of only four complaints over the last three years. Even more astonishing is the company's 98% recommendation rate on LendingTree.com, with a rating of 4.6 out of five stars over 122 reviews on the mortgage company aggregator's site.

Fairway has a good online reputation for excellent customer service, a broad base of home loan options and local branches in most major urban areas throughout the United States.

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