Last Updated: 01/04/2026
Fairway Mortgage Refinance
Unaffiliated
Last Updated: 01/04/2026
SuperMoney User Recommendation Score +25
Mostly recommended8 total votes
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Highlights
Community Rating
Mostly recommended
Credit Score Range
N/A
Amount Range
Up to $3,000,000
Loan Term (Years)
10 - 30
Number of Reviews
Fairway Mortgage Refinance Review
Fairway Mortgage Refinance is offered by Fairway Independent Mortgage Corporation (NMLS #2289), a direct lender founded in 1996 and based in Madison, WI. Fairway Mortgage are available in 50 states and Washington, DC.
Key Takeaways
- Wide selection of mortgage programs offered. Fairway Mortgage Refinance refinances FHA, FHA 203k, USDA, VA, conforming, and conventional mortgages.
- Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
- Non-standard interest rates available. Fairway Mortgage Refinance only offers hybrid mortgages.
- Considers personal use and investment properties. Refinancing available for primary residences, secondary homes (e.g. vacation properties), and even investment homes such as rentals.
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
Fairway Mortgage Refinance Pros & Cons
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Fairway Mortgage Refinance FAQ
What is the maximum loan term for a mortgage refinance via Fairway Mortgage?
The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Fairway Mortgage Refinance offers mortgage refinancing with terms ranging from 10 to 30 years.
How long does Fairway Mortgage take to refinance?
Fairway Mortgage does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.Does Fairway Mortgage charge a mortgage origination fee?
Yes, Fairway Mortgage Refinance will charge a loan origination fee .
What mortgage programs does Fairway Mortgage offer?
Fairway Mortgage Refinance offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- FHA 203k: An FHA mortgage you can also use to finance home improvements.
- USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Fairway Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Fairway Mortgage Refinance allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
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Hours of Operation
Sunday
Closed
Monday
Invalid DateTime - 5:00PM
Tuesday
Invalid DateTime - 5:00PM
Wednesday
Invalid DateTime - 5:00PM
Thursday
Invalid DateTime - 5:00PM
Friday
Invalid DateTime - 5:00PM
Saturday
Closed
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +25, or 3.5 on a 5-point rating scale.
+25
-1000+100
No one recommends
Everyone recommends
Fairway Mortgage Refinance Community Reviews
Would you recommend Fairway Mortgage Refinance to your friends?
JB
Joyce B.
Jan 4, 2026
May or may not recommend
Refinancing with Fairway Mortgage was a positive experience overall. The loan officer was knowledgeable, responsive, and helped me choose a refinance option that matched my financial goals. The process felt well-managed from application to closing, which gave me confidence throughout
TP
Thiago P.
Jan 4, 2026
May or may not recommend
Fairway Mortgage handled my refinance professionally, but the experience felt fairly standard. Communication was adequate, and timelines were reasonable, though some terms required extra clarification. It’s an acceptable option if you already understand what you’re looking for in a refinance.
JE
Josiah E.
Jan 4, 2026
May or may not recommend
My experience refinancing with Fairway Mortgage was disappointing due to the fees involved. The origination and prepayment charges made the loan more expensive than expected. Communication was also slower than I would have liked.
RC
Roman C.
Jan 4, 2026
May or may not recommend
What I appreciated most about Fairway Mortgage was their nationwide availability and knowledgeable loan officers. The refinance timeline was reasonable, and there were no unexpected surprises along the way. It’s a dependable choice if you want guidance and structure during refinancing.
CC
Cooper C.
Jan 4, 2026
May or may not recommend
My refinance with Fairway Mortgage was generally fine, but it came with both positives and limitations. The loan options were clear, though the fees and hybrid rate structure required careful consideration. Overall, the process was straightforward but not exceptional.
AG
Aiden G.
Jan 4, 2026
May or may not recommend
Fairway Mortgage stood out for their flexibility with different refinance programs, especially government-backed options. Even with a more complex refinance, the team remained patient and supportive throughout. I felt confident knowing they had experience handling both personal and investment properties.
CL
Carter L.
Jan 4, 2026
May or may not recommend
Refinancing with Fairway Mortgage was a smooth and professional experience for me. They offered multiple loan options and took time to explain which refinance program best fit my property and goals. The process felt organized, and communication stayed clear from start to closing.
U
Anonymous
Nov 23, 2019
May or may not recommend
Unethical and dishonest; bait and switch tactics. Constant deflections and denials even with all documents and recordings for proof. Customer service is a joke, costs are higher than other mortgage lenders and then they will sell your mortgage to one star mortgage service providers. This place needs to be avoided like the plague and what passes for their counsel was picked from the dregs of lawyers. Do not trust ...Show More
Showing 8 of 8 reviews
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