562 Lynnhaven Pkwy

Virginia Beach, VA 23452

(757) 300-6899

Teall Haycock
Licensed Mortgage Loan Officer

Get Started

Use the FairwayNOW app to get pre-qualified for your new home!

National Strength. Small Town Service.

“It’s not about the loans we do; it is about the hearts we change and the people we help.”

Steve Jacobson, Founder and CEO

Fairway Independent Mortgage Corp.

Your Local Hampton Roads Home Loan Lender

YOUR all-in-one home buying experience.

Our FairwayNOW app has a built in, user friendly Mortgage Home Loan Calculator.
Click HERE to download and start using Today!

Our Happy Clients!

Teall Haycock Circle Profile 01 768x768 1

Teall Haycock – Mortgage Loan Officer at Fairway Mortgage Home Loans

Phone: (757) 300-6899

Address:

Teall Haycock @ Fairway Independent Mortgage Corp.

562 Lynnhaven Pkwy, Virginia Beach, VA 23452

Free Homebuyer Guide (Download)

  • Benefits of BUYING A HOME VS. RENTING
  • COMMON LOAN PROGRAMS
  • Work with a Lender to Obtain a PRE-APPROVAL LETTER
  • Things to Avoid BEFORE BUYING A HOME
  • IMPORTANT INFORMATION
  • Hire a REAL ESTATE AGENT
  • BUYER’S HOME INSPECTION
  • JUST PRIOR TO CLOSING
Homebuying Guide Process
Play Video
Fairway Independent Mortgage Corp. 2019 Best Mortgage Company to Work For

Customer Service

We make the home loan process as simple as possible by guiding you through every step.
A convenient online home buying experience with the security of a mortgage professional right down the street.

Communicate Your Way

Reach your Mortgage Loan Officer via phone, text, email – however, whenever you need for all of your mortgage questions.

Fast Turn Times

Get Approved in minutes!

Single Point Of Contact

Your Loan Officer will guide you through the entire process from start to finish.

People Focused

No frustrating automated phone systems. Talk to a real person every time you call.

The Difference - Why Fairway?

Pre-qualification
vs.
Pre-approval*

Pre-qualification

A Pre-qualification is based on borrower (buyer) submitted data and information, that is not reviewed by underwriting prior to a pre-qualification letter being issued to the borrower. A Pre-qualification is a quick process and is based only on the information provided by the borrower. The prequalified amount is not a sure thing; it’s just the amount the borrower might expect to be approved for once submitted to underwriting. A loan officer will be conservative on pre-qualifications  due to rounded figures being used that are not final.

Pre-approval*

Pre-approval is based on a complete mortgage application and borrower (buyer) submitted data & information that is reviewed by underwriting to determine credit worthiness and the ability to borrow funds up to a specified amount. The pre-approval letter is provided to the borrower as a conditional commitment in writing for an exact loan amount, allowing the borrower to look for homes at that price level with confidence, and puts the borrower at an advantage with potential sellers. If you have your documentation and data readily available, it is always recommended to upgrade a pre-qualification to a pre-approval whenever possible. It is in your best interest to do so, and will make the entire home buying experience much more enjoyable!

Fairway Independent Mortgage Corp. – Local Hampton Roads Home Loans

Top Local Online Mortgage Loan Officer (Lender) who assists with pre approval process through the entire home loan purchase experience.

FairwayNOW iPhone-01

Monthly Mortgage Payment Calculator

Our FairwayNOW app has a built in, user friendly Mortgage Home Loan calculator
Click HERE to download and start using Today!
Download FairwayNOW Free

What’s the difference between pre-qualification** and pre-approval*?

A loan pre-approval is a creditor report indicating the maximum mortgage loan you qualify for. The creditor will first assess your financial history, looking at your earnings, credit report, assets, and other relevant financial information. With mortgage pre-approval, you will have a clear picture of the home value you can afford, while showing that you are a serious buyer. Obtaining pre-approval can put you in a much better position than other buyers who are putting in offers on the same house. A mortgage lender will be easier to find with pre-approval, and you can lock in an interest rate and other conditions that will work for you.

How much house can I afford? Click to view a simple mortgage calculator!

Mortgage Pre Approval*

What is a mortgage pre-approval* and how does it affect me?

pre-approval*

A pre-approval, on the other hand, is an official application. The creditor will review your complete financial history and give you an offer in writing for your qualified loan at a given interest rate. Even with a mortgage pre-approval, your loan must be underwritten, a due diligence process completed in the last phase before granting a loan, once you have a home under contract.

pre-qualification**

If pre-qualification is the audition, then pre-approval is the dress rehearsal for the show that is actual loan application. Without getting into the financial particulars, a creditor will use a mortgage pre-qualification to provide you with an estimate of the mortgage value you will likely qualify for and some preliminary loan terms. With an estimate of your credit rating, the creditor can give you some projections, including the expected purchase price of the home you can afford, your down payment, monthly debts, and possible ways to structure your loan.

HomeScout iPhone

HOMESCOUT®

SEE 100% OF REAL ESTATE LISTINGS

WITH THIS APP, YOU CAN:
Find homes near your location
View 100% of area listings
Save favorite properties
Post favorites to Facebook and share them with friends and family
View complete property details right from the curb
Access your realtor and lender with one simple tap

Free Mortgage Rate & Mortgage Home Loan Calculator Resources

View current mortgage rates

When shopping around for mortgage rates, you have the best chance of receiving the lowest possible interest rate by visiting a wide variety of creditors. Locking in a lower interest rate can save you tens of thousands of dollars over the lifespan of your mortgage.

With Fairway Mortgage Home Loan’s user-friendly mortgage rate tool, you can compare current loan rates of interest, whether you are a first time home buyer looking at a 30-year fixed mortgage or a longtime homeowner comparing refinance mortgage prices.

Personalized mortgage prices

Use our mortgage rate tool to find the most competitive mortgage prices on the market right now. Simply specify your desired zip code and then let us know whether you are buying or refinancing. After clicking on Get Started, you will be prompted for the home’s cost or value, the size of the down payment or present loan balance, and your credit score. You will receive a personalized rate quote, without providing any identifying information. From there, you can begin the process of getting pre-approved for your mortgage. It’s that easy!

By entering your contact information, you are providing express written consent for Fairway Independent Mortgage Corporation to contact you at the email and number you provided via telephone, mobile device, automated means like autodialing, text SMS/MMS and pre-recorded messages, even if you are registered on a corporate, state, or federal Do Not Call list. You are also acknowledging and agreeing to our terms of service and privacy policy. Consent is not required to use our services.

**A pre-qualification is not an approval of credit and does not signify that underwriting requirements have been met.

*Pre-approval is based on a preliminary review of credit information provided to Fairway Independent Mortgage Corporation which has not been reviewed by Underwriting. Final loan approval is subject to a full Underwriting review of support documentation including, but not limited to, applicants’ creditworthiness, assets, income information, and a satisfactory appraisal.

Real Estate Agent Children Pretending - Homeowner

5 People You Need In Your Homeowner Network

So you’re finally a homeowner – congratulations! This is an important step in anyone’s life, and it’s absolutely normal to feel somewhat (or wildly) unprepared for the realities of owning a place of your own. What if there’s an emergency, or what if something breaks? Do you know what to do?

Read More →
#REDFriday - Remembering Those Who WERE Deployed and who ARE Deployed - Remembering the BATTLE OF KAMDESH - COP KEATING

Remembering the Battle of Kamdesh – Cop Keating – Fairway

It is amazing that sometimes we get to hear the battle stories before the books are published, the Medals of Honor given, the movies are made.

Read More →
Core Values - Fairway Independent Mortgage Corp.

Core Values – Fairway Independent Mortgage Corp.

We strongly believe the way we do things is just as important as what we do. Every team member is guided by our Core Values which define how we work, how we interact with each other, and guide us in determining how we best serve our customers, team members and local communities. We strive to make our team members and customers feel like a part of the Fairway family while providing exceptional customer service, speed and support by being kind, humble and giving 100% every day – it’s WHAT we do and it’s WHO we are.

Read More →
Scroll to Top