Let us Buy Your Rate Down for the First Year

10 Fthb Buy Down (600 X 400px) (2)

Discover What’s Possible and Start Shopping for that New Home

A housing market seemingly steeped with more obstacles than opportunity simply requires a change of approach to create affordability.  If you’re serious about a first or next home and are waiting for the “right” time, this is your moment.

Looking for a mortgage rate that starts with a 5%? We’re here to make that your reality today, no waiting.

Let us Help Make it Affordable

We’re throwing in to reduce your first year costs, buying your rate down 1% for year one. The resulting below-market rate can net you thousands in savings over that first year.

Example:

Loan Amount $450,000

Year one Rate 5.500% (APR 5.85%)

Year 2-30 Rate 6.500% (APR 6.89%)

(Assumes the borrower qualified for a 30-year fixed rate mortgage at 6.50%)

 How it Works

A 1/0 buydown reduces the first-year rate. In the example above, the drop from 6.50% to 5.50% results in a buyer savings of approximately $4,500.00 in interest AND provides a lower monthly payment for that first 12 months of home ownership.

This is a limited time offer available on new contracts/locks through November 30,2025. Not available on select programs including HECM programs.

Learn more about buydowns and how they work here

We specialize in helping generations make homeownership an affordable reality from their first to their forever home. We’re a little out of the box when it comes to home loans truly looking to find our clients the financing that matches their needs of the moment while helping secure their future.

Home Loans to Accommodate Any Need

Our pool of creative solutions is DEEP! Come dive in and find out what’s possible.  Here are some ideas to spark your quest to learn more:

First-time Home Buyers

    • Create a plan for an impending or future purchase by exploring alternative down payment ideas
    • Understand how to establish, build, and optimize credit score and the role it plays
    • Dive in and get prequalified knowing you have a team excited to answer all your all questions

Buy Before You Sell

    • Plan that move into your new home before even listing your home for sale
    • Ease the stress of a move and optimize the resale on your current home with time for those extra touch-ups
    • Improve offer acceptance by removing the contingency on the sale of your current home from your purchase

Self-Employed & Alternative Income

    • Qualify on actual income, not tax reported income
    • 1099 borrowers welcome, no tax return required
    • High net worth borrowers who shelter the majority of income can now qualify, no tax reported income limitations

Investor Financing

    • Let the income from the property qualify the property – no personal income requirement
    • No landlord history required
    • Current rent appraisal or existing property rental income used for qualifying

Traditional Financing

Standard 3%, 5%, 10% & 20% down offerings with streamline qualifying, guaranteed fees, low rates and 30 day closes.

Retirement Mortgages

    • After age 62 the options for home financing expand. Let us help you find the right path to affordably own that forever home.
    • Options include asset based loans, retirement income loans and home equity conversion 1st and 2nd

Government Loans

VA, FHA, USDA all welcome and managed through our highly skilled in-house underwriting teams.

Discover What’s Possible

From consultation through close and funding, you work only with our team. We help you think through your plan, weigh in on the what ifs, and in 31 years of helping homebuyers become home owners, we’ve learned a few things. Bring your questions, get some answers, and let the home shopping begin!

 

Disclaimer: Not all temporary buydown options are available for every product or scenario. Talk to your Fairway advisor for more details. A 1/0 lender-paid temporary rate buydown will reduce the note rate by 1% for the first year of the term, after which the rate will revert back to the originate note rate for the remainder of the term. Promotion expires 9/30/2025. Special incentive offer subject to change without notice. This offer not valid with any other incentives or discounts. Copyright 2025 Fairway Home Mortgage NMLS#2289. 4750 S. Biltmore Lane, Madison WI 53718,1-866-912-4800. www.fairway.com. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitation may apply. Equal Housing Opportunity.

Follow Our Updates

Address

12909 SW 68th Parkway, Suite 250
Portland, OR, 97223

Phone

Steve Landis: 503-789-0292
Sheila Landis: 503-799-3450

CONNECT

Licensed In: OR, WA, CA, ID, FL & AZ | Legal Disclosures

Complaints maybe directed to: 877-699-0353 or email us: customerservice@fairwaymc.com | Privacy Policy | Terms of Use

Scroll to Top