Mortgage Approval Before You Shop

Be a Power Buyer.

Don’t shop for a home like everyone else. Power Buyers get to enjoy house hunting because the work that normally happens in a rush after you make an offer is completed ahead of time.

Am I eligible?

The Power Buyer loan program is available to all borrowers using an FHA, USDA, or conventional option. Your mortgage adviser will help determine if becoming a Power Buyer is right for you.

How does it work?

Normally, buyers find their home, submit an offer with their fingers crossed, and work frantically after it's accepted to secure final mortgage approval. But because we know how competitive the homebuying market is, we take care of the later-stage paperwork before you start shopping for your home. As a Power Buyer, you'll receive a stamp of approval before you shop.* That means you can make an offer that truly stands out.

When can I close?

Power Buyers close more quickly than traditional borrowers. In fact, we guarantee our work with a lightning-fast closing timeline of as little as 15 days. In the unlikely event that we miss the date, we’ll pay up to $1,000 to the seller.** That’s another reason it pays to be a Power Buyer!

Does it cost extra?

Nope. The Power Buyer loan program is available at no extra cost to you.


Stand out by making an offer that's as good as cash.


Close on your dream home in as little as 15 days.**


The paperwork is done early so you can enjoy home shopping.

Become a Power Buyer.

At The Wood Group of Fairway, we don’t just close loans. We serve people. We’re committed to fast closings, competitive rates, and the best service you can find anywhere in Texas.

Don’t lose that home to someone else. Take your first step to being a Power Buyer with our easy home loan questionnaire!

* Power Buyer pre-approval is based on a full underwriter review of the borrower’s creditworthiness and is contingent upon there being no material changes in the borrower’s financial condition or creditworthiness at the time of final loan approval.

** Up to $1,000 towards late closing credits guaranteed to sellers if a branch within The Wood Group of Fairway Independent Mortgage Corporation (356, 367, 368, 369, 370, 372, 374, 375, 379, 381, 382, 383, 386, 387, 389) does not close as promised/scheduled (not less than 15 days from contract execution) on a previously-approved Power Buyer loan application. Guarantee starts on the day a fully-executed contract is received by The Wood Group of Fairway Independent Mortgage Corporation and is valid only under the following conditions: the applicant cannot change the loan product(s) and/or terms from those which were originally applied for; the borrower must submit all documentation within 24 hours from the time it was requested; the borrower is not applying for Bond, or Brokered, USDA, or VA loan; the closing does not occur on the contract closing date due to delays attributable to third parties such as a lack of certificate of occupancy, title issuance, collateral review and acceptance, etc., or if the seller or purchaser extend the closing date; the closing does not occur on the contract closing date due to events outside the control of Fairway Independent Mortgage Corporation, including inclement weather, natural disaster, or other catastrophic event. Guarantee applies to first mortgage purchases only and cannot be combined with any other offer. Information is accurate as of the date of printing or posting and the discount is subject to change without notice.