Fairway America's Expectations of our Correspondents/Affiliates
In return for Fairway America's extensive support, we do have goals that we require our Correspondents and Affiliates to achieve. Below is a summary of these expectations. You will receive a more in-depth explanation when you speak to our Correspondent/Affiliate recruiter.
Expectations of Correspondents :
- $3MM of annual production.
- Provide Fairway America with the first opportunity to quote any deals that meet our underwriting guidelines
- Present deals honestly and disclose all relative information and not ever attempt to hide anything from Fairway
- Offer collection support as requested on any deals in portfolio that may have payment or other problems
- Provide to borrower/applicant all information pertaining to his or her loan application in a timely manner
- Serve as the primary liaison between Fairway America and the borrower; be responsible for processing loan applications and closing loans, in addition to gathering all necessary documentation pertaining to the loan application
- Maintain a relationship of trust with Fairway which specifically involves allowing Fairway personnel to have direct communication with the borrower as necessary during the loan process
Expectations of Affiliates :
Our Affiliate expectations are the same as the Correspondent, except for required loan production:
- $1MM of annual production.
For information on the benefits we provide to our Correspondents and Affiliates, click here.
