Fairway Mortgage Sets $1 Million Relief Fund; Urges Industry Support
Fairway Mortgage Creates Hurricane Relief Fund
In a commendable initiative, Fairway Independent Mortgage Corporation has established a significant $1 million relief fund aimed at providing assistance to those impacted by Hurricane Helene. This initiative comes on the heels of the company’s remarkable recognition as the number one mortgage origination company for customer satisfaction in the J.D. Power 2023 U.S. Mortgage Origination Satisfaction Study.
CEO’s Vision for Community Support
Steve Jacobson, the CEO and Founder of Fairway, publicly announced this vital fund, emphasizing the company's commitment to aid those whose lives have been disrupted by hurricanes over the years. In his words, “Having experienced multiple hurricanes during my extensive career in mortgages, I understand the chaotic aftermath these storms can bring. Our industry holds a crucial responsibility to step up in times of need, and that time is now.”
A Call to Action for the Lending Community
Jacobson did not stop with the announcement of the fund; he also extended a heartfelt challenge to other lenders and brokers, urging them to match Fairway’s efforts. His call for unity around this cause underscores the importance of solidarity in the lending community. He stated, “We hope the entire industry rallies behind this cause. It’s essential for us to be united, especially when our help is needed most.”
Targeted Assistance for Those Affected
The relief fund is specifically designed to support individuals who have taken loans through Fairway, in addition to Fairway employees who have faced hardships due to the hurricane's damage. It highlights Fairway’s dedication to not just business, but also to community welfare.
About Fairway Independent Mortgage Corporation
Established with a mission to enhance homeownership, Fairway Independent Mortgage Corporation is a full-service lender with its branches spanning all 50 states. Headquartered in Madison, WI, and Carrollton, TX, Fairway has earned the title of the second-largest retail lender in the U.S., and it proudly boasts the number one rank in borrower satisfaction for 2023 according to J.D. Power. Their ongoing dedication to customer service sets them apart in the industry.
Frequently Asked Questions
What is the purpose of Fairway's relief fund?
The relief fund aims to provide help to those impacted by Hurricane Helene and support Fairway employees affected by the disaster.
Who initiated the hurricane relief fund at Fairway?
Steve Jacobson, the CEO and Founder of Fairway Independent Mortgage Corporation, announced the formation of the fund.
How much money has Fairway allocated to the relief fund?
Fairway has established a relief fund totaling $1 million to help those impacted by the hurricane.
What does CEO Steve Jacobson hope for the lending industry?
Jacobson hopes other lenders and brokers will unite and match Fairway’s relief efforts to better assist affected communities.
Where is Fairway Independent Mortgage Corporation located?
Fairway is headquartered in Madison, Wisconsin, and has a significant presence in Carrollton, Texas, serving clients across the U.S.
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