Fairway Nation
One of the Fairway Core Values
1. Humility First
2. Foster Growth & Knowledge
3. Have Fun!
4. Create an amazing experience for you
5. Speed to Respond
6. Seek Wise Counsel
7. Respect, Listen & Stay Balanced
8. Committed to Serve
9. Consistent, Honest Communication
10. Family Focused
Age a borrower needs to be to have a Reverse Mortgage
What is 62?
The scoring model used in mortgage lending for credit qualifying decisions
What is FICO?
The most common first time homebuyer loan product
What is FHA?
What is Ila Monroe Bowden?
One of Fairway's Charitable Organizations
What is AWI (American Warrior Initiative)
or Fairway Cares
Common myth about a Reverse Mortgage
What is you give the bank title to your home or
What is your heirs can not keep the home when you pass away
What is my heirs will be stuck with a big mortgage debt if I live too long
What is I can lose my home and be forced to move
What is the home must be debt free to qualify for a Reverse
The most common consumer site for credit scoring model but confuses borrowers since it does not use the Fair Isaac model
What is Credit Karma?
The lowest down payment amount available considering all loan products available
What is zero down?
Kristy's Birthday
What is February 19th?
Madison, Wisconsin or Carrollton, Texas
What are the two corporate locations of Fairway?
Flexibility with accessing funds and growth option
What is a Reverse mortgage Line of Credit?
Fairway's complimentary credit consultation to help borrower's improve their FICO score
What is Credit Tool?
What is USDA?
Jobs Kristy has held in the real estate industry before Mortgage Lending
What is Escrow Officer, Realtor and New Home Sales Rep?
Number of years Fairway has been around
What is 26 years?
150 years of age
When does a Reverse mortgage mature?
Largest percentage factored in a borrower's mortgage credit score (35%)
What is Payment History?
Financing that exceeds what are traditional conforming loan amounts
What is a Jumbo loan?
How Kristy and Sabra are related
What is through Charles (Sabra is Charles' cousin)?
Why a borrower should use Fairway
What is Quality of the Loan process, Commitment to Outstanding Service, Extensive Products or Fairway Gives Back
Non Recourse feature
What is the important feature of a Reverse mortgage that protects a borrower and their heirs from ever owing more than the home is worth?
Activity that will decrease your credit score
What is past due, late or missed payments?
What are numerous credit inquiries?
What are recently closed credit card accounts?
What is inaccurate data on a credit report?
What is not enough credit used?
Sabra's job before joining the Cuz Team
What is Marketing Manager for Fairway Mortgage the Heritage Group?