Our Promise

Fairway’s new Pre-Approval Promise changes the industry

Loan Pre Approval Logo

Fairway of the Carolinas offers a unique program that is certain to change the face of lending: The Fairway Certified Pre-Approval. This is our promise if we say your loan has a Certified Pre-Approval we mean it – or we will pay you. Fairway will certify the validity of a pre-approval before you write an offer on the home you want. If something goes wrong on our end, we back it up with a money-back guarantee of up to $7,500.

 Here’s how it works:

  1. Homebuyer meets with Fairway LO before they look at homes
  2. Buyer brings documentation to make a loan decision to initial consultation
  3. Fairway LO explains mortgage process and Fairway Certified Pre-Approval Program to homebuyer
  4. Fairway reviews applicable paperwork from buyer
  5. Fairway issues FCPA Certificate and money back guarantee within 48 hours of receiving all needed paperwork
  6. Buyer finds home and makes an offer
  7. Buyer closes on home with no hassles and no surprises

Fairway’s complete evaluation of your financing ability, including income and asset documentation ensures a closing, as long as:

  • The borrowers personal financial qualifications stay the same or improve*
  • The agreed upon loan parameters stay the same or improve**
  • The property meets all necessary loan requirements***

How It Works

Documents Icon
Give us the
documents that we
need in order to certify
your loan approval

Pre-approval Icon
We give you a
certified pre-approval,
which means your loan
WILL CLOSE

House Love Icon
Find the house that
you love, and feel
confident when you
make an offer

. . . or we will PAY YOU up to $7,500

Savings IconShort-term moving, relocating, and/or storage expenses (up to $1,500)

Savings IconAny documented lost home inspection or appraisal expenses (up to $1,000)

Savings IconAny forfeited earnest money expenses (up to $5,000)

Sound too good to be true?

When we say we are here to support you, we mean it. If Fairway issues an FCPA and is wrong, we back it up with that money back guarantee of up to $7,500. Fairway will pay the cost of appraisal and inspection, up to $1,000; pay temporary living expenses, up to $1,500; and reimburse lost earnest money, up to $5,000. Last year, in the Charlotte area, Fairway closed over 1,000 home loans and would not have paid out the guarantee a single time.

Homebuyers and realtors can feel more confidence setting an offer when using a Fairway Certified Pre-Approval knowing that Fairway has their back. There are a few conditions when choosing an FCPA, so make sure that you speak to a Mortgage Professional at Fairway today to hear the ins and outs of making your home mortgage loan process even more secure!

  • (*”Personal financial qualifications” include, but are not limited to, employment, income, assets, credit scores and debt.)
  • (**”Agreed upon loan parameters” include, but are not limited to, maximum loan amounts, maximum total monthly payment, maximum interest rate, interest rate market conditions, down payment requirements, property insurance requirements, and mortgage insurance requirements)
  • (***”Necessary loan requirements” of the property includes but is not limited to, appraised value, insurability, property condition, inspection condition, legal title conditions, house conditions and housing project conditions.)