Why consider mortgage protection?
What a mortgage protection plan covers
The Fairway Home Mortgage Protection Plan is mortgage protection insurance — term life sized to your mortgage. If you pass away, it pays out so your loved ones can keep the home.
This is not a home warranty. A home warranty helps cover repairs to appliances and systems. Mortgage protection insurance helps provide financial support for the people who depend on you.
About Fairway Home Mortgage Protection Plan
The Fairway Home Mortgage Protection Plan is mortgage protection insurance designed with homeowners in mind. If the unexpected happens, the benefit is paid to your loved ones, giving them the flexibility to decide how it can best support their needs. Unlike a home warranty, this coverage is designed to help protect people, not property systems or appliances.
features
Who is mortgage protection designed for?
Coverage that moves with you and your family
Your family stays in control
Benefits are paid to your beneficiaries, allowing them to determine how the funds can best support their needs.
Moves with you
Coverage can continue as life changes, even if you move into another home.
Sized to your mortgage
Coverage options are designed to align with the financial commitments that matter most to your household.
Apply with no medical questions
Qualified Fairway borrowers have access to a simplified application process with no medical exam and no medical questions required. In some situations, additional health questions may apply.
Premiums are based on your current age and eligibility, helping provide long-term stability without unexpected increases. Coverage can be tailored to your situation, with limits up to $2,000,000 depending on eligibility, age and financial goals.
What affects the cost of mortgage protection insurance
- Your age
- The coverage amount you choose
- The term length
- Available qualification options
No pressure, and it never touches your loan
Choosing mortgage protection insurance is completely optional. Asking questions, exploring coverage options, or learning more about the program will never impact your mortgage approval, loan terms, or lending experience.
How to get started with mortgage protection
- Call 855-525-5338 to explore your options and get started.
- Review your coverage options with an insurance pro and see them side by side.
- Built-In Protection for Your Home
Homeownership Simplified
Get more out of homeownership with less to manage.
PROTECT
Coverage that fits your life
Fairway Home Mortgage Protection Plan FAQs
Whether you’re exploring your options, already have a loan with Fairway, or need help finding the right place to go, connect with a loan officer to point you in the right direction.
Loan Servicing
Hours of Operation:
Monday–Friday | 8:30 a.m. – 5:00 p.m. Central
Disaster Relief Hotline
The price depends on your age, your eligibility, and how much coverage you choose. Premiums are set from your age when you apply and don’t rise unexpectedly later. Call 855-525-5338 for a quote based on your details.
Call 855-525-5338. Fairway offers the plan through its partner, Insurance Supermarket Inc. (ISI), and they’ll walk you through coverage options and pricing.
They’re close, with one difference. Traditional mortgage life insurance often pays the lender. The Fairway plan pays the benefit to your family, and they decide whether to pay off the mortgage, cover other expenses, or save it.
Not always. Some options use a simple application with no medical questions. Higher coverage amounts, up to $2,000,000 depending on eligibility, may ask for more health information.
No. The coverage isn’t tied to one property, so it stays with you if you refinance, sell, or move.
No. The benefit is paid to your loved ones, and they decide how to use it: pay off the mortgage, continue making monthly payments, or plan for the future.
Help protect what matters most
Homeownership is about more than buying a house. It's about building a future. Mortgage protection insurance can help provide additional financial security for the people who matter most if life takes an unexpected turn.
Ready to start your mortgage journey?
Apply today or connect with a local Fairway loan officer who can help you understand your options, your numbers, and what comes next.