Disclosures & Licensing

The fine print, unhidden

Who operates this website

This website is published on behalf of Scott Synovic, Loan Officer, NMLS #253799 (verify via NMLS Consumer Access), of Fairway Independent Mortgage Corporation (dba Fairway Home Mortgage), NMLS #2289 (verify via NMLS Consumer Access), 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. Scott is based at the Monument, CO office, 1832 Woodmoor Drive, Suite 106, Monument, CO 80132, and is licensed to originate mortgage loans in Colorado (100019385). Scott's Fairway profile site, scottsynovic.com, remains active; this site is a second front door built around answering buyer and homeowner questions. Scott originates reverse mortgages through Fairway Reverse, a division of Fairway Independent Mortgage Corporation (fairwayreverse.com profile).

Not a commitment to lend

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity. For complete state licensing information and legal disclosures, visit Fairway's Licenses & Disclosures page.

Government agencies and housing programs

Fairway Independent Mortgage Corporation is not affiliated with any government agency. These materials are not from, and were not approved by, HUD, FHA, VA, USDA, the Colorado Housing and Finance Authority (CHFA) or any other government agency. References to CHFA, metroDPA, El Paso County Turnkey Plus and other assistance programs are educational; eligibility, income and purchase-price limits, and program terms are set by those agencies and change. Confirm current requirements with Scott.

Reverse mortgages

Reverse mortgage disclosures: A reverse mortgage is a loan that must be repaid. Borrowers must be 62 or older (for a Home Equity Conversion Mortgage, or HECM), live in the home as their primary residence, and continue to pay property taxes, homeowners insurance, and any HOA dues, and maintain the home; failing to meet these obligations can result in the loan becoming due and payable and may lead to foreclosure. Interest and fees are added to the loan balance each month, so the balance grows over time and home equity decreases. The loan becomes due when the last borrower (or eligible non-borrowing spouse) no longer lives in the home as a primary residence, sells the home, or passes away. HECM loans are insured by the Federal Housing Administration (FHA) and are non-recourse: neither the borrower nor the heirs will owe more than the home is worth when the loan is repaid, as long as the home is sold to repay the loan. Borrowers must complete counseling with a HUD-approved independent counselor before applying. Proceeds are generally not considered taxable income, but this is not tax advice; consult a tax advisor, and consult a financial advisor about any effect on needs-based benefits such as Medicaid or SSI. This material is not from HUD or FHA and has not been approved by HUD or any government agency. Not all borrowers will qualify; proceeds depend on the age of the youngest borrower, the home's value, current interest rates and program limits.

The reverse mortgage content on this site (the /reverse/ page, related guides and glossary entries) describes general characteristics of the FHA-insured Home Equity Conversion Mortgage (HECM) program and is educational only. It is not an offer, a loan commitment, or a recommendation for any individual, and it is not financial, tax or legal advice. Whether a reverse mortgage is appropriate depends on your circumstances; HUD-approved counseling is required before applying and is strongly encouraged for anyone considering one.

Real estate professionals

Scott Synovic and Fairway Independent Mortgage Corporation are not real estate brokerages. Buyers may work with any licensed real estate agent of their choosing, and no real estate professional is required to use any particular lender. Any co-marketing with real estate professionals is conducted in accordance with RESPA Section 8. Fairway pays only fair market value for services actually provided and does not compensate for referrals.

Service commitments

Statements on this site about availability, response times, pre-approval turnaround and offer-day support describe Scott's typical service and are not guarantees. Timing varies by file and depends on receiving complete documentation. Turnaround figures are typical, not guaranteed. This is not an offer to enter into an agreement; not all customers will qualify. Rates, programs and terms are subject to change. All loans subject to credit and property approval.

Calculator & educational content

Calculator results are estimates for illustrative and educational purposes only, are not a quote, rate lock, pre-qualification or pre-approval, and accuracy is not guaranteed. Actual rates, payments, taxes, insurance and mortgage insurance vary by scenario. Contact Scott for figures specific to your situation.

All educational content on this site is general in nature and provided for informational purposes only. It is not financial, legal, or tax advice, and it does not consider your individual circumstances. Program guidelines, loan limits, income limits, and eligibility criteria change frequently; always confirm current requirements with Scott directly.

Awards and experience

References to Scott's years in mortgage lending and to the Five Star Mortgage Professional award describe his individual history and are not a guarantee of any outcome. Five Star Professional awards are determined by a third party using its own research methodology; see fivestarprofessional.com for details.

Privacy

This website is educational and collects no personal information: no forms, no analytics, no tracking pixels, no cookies set by this site. Applications and document uploads happen inside Fairway's secure systems, never on this website. The interactive checklists store your checkmarks in your own browser's local storage so you can return to them; that data never leaves your device and is not accessible to Scott, Fairway, or this website's operators. The site flip remembers for a few seconds, in your browser's session storage only, that you tapped the flip button so the page-turn animation can finish on the next page; nothing is transmitted. Links to apply or upload documents route to Fairway Independent Mortgage Corporation's secure systems, which are governed by Fairway's privacy policy. Third-party sites linked from this site maintain their own privacy practices.

Reviews

Any review highlights displayed on this site are shortened paraphrases of verified client reviews. The aggregate rating shown on this site (4.87 stars, 65 reviews) is as published on Fairway.com as of November 2026. Testimonials reflect individual experiences; results vary and are not guaranteed.