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VA Loans: Fact vs. Fiction
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If you’re a military veteran or still in active service, you may qualify for a VA loan. These mortgages often require little to no down payment with lower closing costs, which can help keep your savings secure.

FICTION: You can only use VA entitlement* once
FACT: You can use VA entitlement multiple times and can even have more than one VA loan at a time, under certain conditions.

FICTION: VA loans take too long
FACT: Fairway Independent Mortgage Corporation may be able to process and close your loan in 21 business days.

FICTION: You can’t get a VA loan when deployed.
FACT: If your spouse occupies the home, you may purchase a primary residence while still serving overseas.

Click here to learn more about VA Loans, or here for other helpful First Time Home Buyer information.

*A down payment is required if the borrower does not have full VA entitlement, or if the loan amount is greater than $484,350. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. Fairway is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency. **Guarantee starts with the completion of the application with Fairway Independent Mortgage Corporation and is only valid if the borrowers provide all required documentation at time of application.

© 2019 Fairway Independent Mortgage Corporation. NMLS Entity ID #2289. www.nmlsconsumeraccess.org All rights reserved. 4750 S. Biltmore Lane, Madison, WI 53718. Complaints may be directed to: (866) 912-4800 or Email us: customerservice@fairwaymc.com. Toll Free: 866-912-4800. Fax: 608-837-4723. MA Mortgage Broker and Lender License #MC2289. Licensed by the New Hampshire Banking Department. Rhode Island Licensed Broker and Lender. Also licensed in Maine, Connecticut and Vermont.

This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site.