Doug Capps's Blog

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Mortgage and Lending - Fairway Independent Mortgage Corp. - NMLS ID #68160

ARCHIVED BLOG POSTS

2009 

FOR MISSISSIPPI ONLY: The MS Home Corp Mortgage Revenue Bond (aka MS Bond Money) and the MS Home Corp DPA (Second Mortgage) programs have not adjusted to meet the new FHA 3.5% down payment requirement.  These (2) programs will remain at 3%. This mean first-time homebuyers will need to provide the...
02/16/2009
As many of you are aware, there are many Lenders that have ceased originating and funding USDA Rural Housing loans until funds for the USDA program have been appropriated. Fairway Mortgage has (2) Investors that will allow us to continue funding USDA loans regardless of the funds appropriation.  ...
02/16/2009
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Doug Capps

MMS, CLO, CRMS
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