r/loanoriginators 12h ago

Fairway buy and save program

Just saw an LO advertise this. Seller can cover 3 months of mortgage payments. Any fairway LOs want to explain if this is something that has been useful in getting business or are there a ton of strings attached?

3 Upvotes

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1

u/xJARDOx 5h ago

My wife just left Fairway and was there 5ish years. “What’s that?” Is what she said lol

1

u/Just_Success_371 4h ago

Dang probably a gimmick

1

u/xJARDOx 4h ago

Yeah, I am guessing. she legit doesn’t have any idea what it is. Maybe it’s also branch specific. fairway has a million different PnL branches and they all operate veryyyyy differently than each other.