Your Offer, Backed by a Cash Guarantee.
We underwrite your loan upfront and stand behind your financing with a corporate-backed guarantee. The seller gets certainty. You get the home.
Cash Guarantee Addendum
Backed by Fairway Independent Mortgage Corporation
- Loan fully underwritten before you shop
- Signed corporate addendum included with your offer
- Seller guaranteed close or $10,000
How It Works
Three Steps to the Strongest Offer in the Market
We do the heavy lifting before you ever write an offer, so when you submit, the seller knows it's a done deal.
Full Upfront Underwrite
Your loan is fully underwritten through Fairway's Advantage Pre-Approval before you start shopping. Every income, asset, and credit condition is cleared, not just reviewed, but actually signed off.
Cash Guarantee Addendum Issued
Fairway Corporate signs a legal addendum guaranteeing the seller their home will close. You include it with your offer to immediately stand out from the competition.
Offer with Confidence
If for any reason your financing falls through, Fairway will purchase the home in cash at the appraised value (or pay the seller $10,000). The seller has zero risk. Your offer is as close to cash as it gets.
Why It Matters
Built for Everyone at the Table
Whether you're the buyer writing the offer, the agent advising your client, or the seller evaluating competing bids... this program changes the math.
Compete with Cash Buyers
Your financed offer carries the same certainty as an all-cash bid. Sellers get a corporate guarantee that closing will happen, period.
No Surprise Denials
Because your loan is fully underwritten before you even start shopping, the chance of a last-minute financing issue is nearly eliminated.
Completely Free
There is no fee for this program, not to you, and not to your agent. Fairway Corporate covers all costs.
Use It on Multiple Offers
One signed addendum works across multiple properties. No need to reapply every time you write an offer. Shop with confidence until you find the one.
Win More for Your Clients
In a multiple-offer situation, your client's financed offer suddenly carries the weight of cash. It's a tangible competitive edge you can point to.
Differentiate Your Business
Most agents can't offer this. Partner with us and you have a marketing advantage: every pre-approved buyer you represent comes with a corporate guarantee.
Reduce Fall-Through Risk
Deals that fall apart cost everyone time and money. This program virtually eliminates the financing contingency as a point of failure.
We'll Talk to the Listing Agent
We proactively reach out to listing agents to walk them through exactly what the guarantee means and how it protects their seller. We do this so you don't have to.
Guaranteed Close or $10,000
If the buyer can't close, Fairway either purchases the home at appraised value or pays you $10,000, your choice. Either way, you're protected.
Corporate-Backed, Not Personal
This isn't a loan officer making a promise. It's a signed legal addendum backed by Fairway Independent Mortgage Corporation, one of the nation's largest lenders.
No Guessing About Financing
The buyer is already fully underwritten. All income, asset, and credit conditions have been cleared before the offer hits your desk. This isn't a standard pre-approval.
Commissions Still Paid in Full
Even if the guarantee triggers and Fairway purchases the home, both the buyer's and seller's agents are paid according to the original purchase agreement.
Side by Side
Not All Pre-Approvals Are Created Equal
There's a massive difference between a basic pre-qualification, a standard pre-approval, and what we do.
| Feature | Standard Pre-Approval | Fairway Cash Guarantee |
|---|---|---|
| Credit Reviewed | ||
| Income Verified & Cleared | Sometimes | |
| Assets Verified & Cleared | Sometimes | |
| Full Underwrite Complete | ||
| Corporate Guarantee to Seller | ||
| Legal Addendum Included | ||
| Seller Receives $10K if Deal Fails | ||
| Cost to Buyer | Varies | $0 |
Eligibility
What Qualifies (and What Doesn't)
- FHA, VA, Conventional, and Jumbo loans
- Single-family homes, townhomes, and warrantable condos/PUDs
- Primary, second home, and investment properties
- Gift funds (do not need to be deposited)
- New construction with Certificate of Occupancy already issued
- Compatible with Lock, Shop, and Go rate lock
- USDA loans
- Bond or Down Payment Assistance programs
- Renovation loans (203K, HomeStyle, ChoiceRenovation)
- 2-4 unit properties
- Co-ops or manufactured homes
- Home sale contingency offers
- Reverse mortgages
Common Questions
Everything You Need to Know
If you're unable to close by the agreed date, Fairway will either purchase the property in cash at the appraised value (or contract price, whichever is less) or pay the seller $10,000. The seller decides which option they prefer. Because your loan is fully underwritten upfront, this scenario is extremely rare. It would typically only happen due to unforeseen life events like job loss or a major credit change.
No. The Cash Guarantee program is completely free for buyers and agents. Fairway Corporate covers all costs associated with the program.
If there's an appraisal gap the buyer can't cover, the guarantee triggers. Fairway would either purchase the property at the appraised value or pay the seller $10,000. However, if the buyer hasn't waived their appraisal contingency, they may also have the option to cancel the contract through the normal contingency process.
Yes. Once Fairway signs the addendum, it can be included with offers on multiple properties as long as your Fairway Advantage Pre-Approval is still active and hasn't expired.
Fairway is not directly involved with earnest money disposition. That depends on your purchase contract. We always recommend including language that protects the buyer's deposit if the Cash Guarantee triggers. We'll help you and your agent draft that protective language when building your offer.
Once your Fairway Advantage Pre-Approval is complete and all borrower conditions are cleared, the addendum review typically takes 1-2 hours. The real timeline is getting through the full underwrite, which is why we start that process early. Planning to make weekend offers? We'll make sure everything is submitted by Friday.
The addendum is valid through the expiration of your Fairway Advantage Pre-Approval. If it expires before you go under contract, we can easily refresh it, usually by updating income and asset documentation. We keep an eye on those dates so nothing catches you off guard.
Ready to Make the Strongest Offer in the DMV?
Let's get your Fairway Advantage Pre-Approval started so you can shop with a Cash Guarantee behind every offer you write.
Let's Get Started