Michael Inkman

Fairway Independent Mortgage Corp.

  • Home
  • About
    • About Michael
    • Accessibility Statement
  • Types of Loans
    • Reverse Mortgages
    • 203K Rehab Loans
    • Get Pre-Approved
    • Conventional
    • FHA Loans
    • Jumbo Mortgage Loans
    • USDA Home Loans
    • VA Loans
  • Resources
    • First Time Buyer Tips
    • First Time Seller Tips
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Home Purchase
    • Home Refinance
    • Home Inspection
    • Home Appraisal
    • Mortgage FAQ
    • Mortgage Glossary
  • Reviews
    • Google Reviews
    • Read Reviews
    • Leave a Review
  • Get Pre-Approved
  • Contact
Michael Inkman | Fairway Independent Mortgage Corporation
5.0
Based on 103 reviews
powered by Google
review us on
Lee Vanvolkenburg
15:43 23 Nov 23
Michael and his team were wonderful to deal with. They were excellent with communication and always available to answer questions. Thank you all!
williams lovos
22:54 16 Nov 23
We close on the house tomorrow! Thank you David and Michael for making my first home buying a smooth process. I had several out of the ordinary situations that would had easily not been possible to get the loan in the time that they were able to approve it. My wife and I are forever grateful for the work the team did. Thank you again!
Mario Silvestri III
16:45 16 Nov 23
Rex Perkins
16:56 15 Nov 23
Everything had been going well over the past two years since refinancing an existing mortgage. The application process, approval, servicing website, everything had been very smooth, nothing but the best service. I then had a minor issue arise. We had a wind loss claim on our home and, unfortunately, I had put off getting the check cosigned until the last minute. An issue arose as part of a minor miscommunication in terms of where the check was to be forwarded for endorsement.To make a long story short, I feared that this miscommunication and misdirected check coupled with my procrastination were going to result in the check expiring and a huge hassle on my part to go through the process again. Mr. Inkman nor his branch were in any way involved with my account or account management, yet, the check inadvertently ended up in their draft loss department and I feared this would further delay things. I was a bit frantic.One of those that I emailed was Mr. Inkman. In an era when customer service is not as valued as in the past, I was very skeptical I would meet the deadline. But, to my surprise, Mr. Inkman took it on his own to personally get things done and get the issue resolved. It appears that he tracked down the overnighted check personally, directed it for signature, packaged and overnighted the check back to me. All the while remaining professional and pleasant and providing consistent email updates on the status. It doesn't even look like he delegated, rather taking the initiative and seeing it through on his own.To me, that's not just doing a job, that's going above and beyond in terms of leadership, professionalism, and customer service. We could not be more happy. And, as a further sign of good will, the Fairway CEO actually emailed me personally to follow-up and assure resolution. Been very happy with Fairway since my refinance, Mr. Inkman's efforts only further reinforce that opinion.
Samer Fallouh
15:01 15 Nov 23
Debbie Salas
21:47 03 Oct 23
This transaction probably would not have happened without Michael. Whenever we hit a stumbling block, he found a way around it! He kept us informed and was a positive light all the way through to the end and beyond.Thanks
Eric Kieffer
22:46 16 Aug 23
Did business with Michael about 20 years ago and he was happy to help us again. He and his team did a great job. See you in another 20.

Why Refinancing Your Mortgage Before the Year Ends Is a Great Option

December 6, 2024 by Michael Inkman

As the year comes to a close, it’s the perfect time to consider refinancing your mortgage. Whether you’ve been thinking about lowering your monthly payment, securing a better interest rate, or tapping into your home’s equity, refinancing can offer many benefits. However, the timing can make all the difference. Here’s why refinancing before the year ends might be a great option for you.

1. Lock in Lower Interest Rates

Interest rates fluctuate throughout the year, and while it’s hard to predict exactly when the best time to refinance will be, rates tend to dip during the fall and winter months. By refinancing before the year ends, you can potentially lock in a lower interest rate, which could lower your monthly payments and save you money over the life of the loan. A lower rate can make a significant difference, especially if your current rate is higher than what’s available today.

2. Take Advantage of Tax Benefits

When you refinance your mortgage, you might be able to deduct mortgage interest on your taxes for the year of the refinance. This can be especially beneficial if you’ve made significant changes to your loan or have paid off a substantial portion of your mortgage. Consult with a tax professional to determine how refinancing can impact your tax situation.

3. Access Your Home’s Equity

If your home has appreciated in value over the years, refinancing can allow you to tap into your home’s equity. You can use this equity to pay off high-interest debt, finance home improvements, or even invest in other opportunities. Refinancing before the year ends can help you take advantage of your home’s increased value, especially in a rising market.

4. Pay Off High-Interest Debt

With a cash-out refinance, you can use the equity in your home to consolidate and pay off high-interest debt such as credit card balances or personal loans. This can free up cash flow and potentially save you from paying exorbitant interest rates. By paying off these debts before the end of the year, you’ll start the new year with less financial strain and a more manageable budget.

5. Improve Your Financial Outlook for Next Year

Refinancing can give you a fresh start for the coming year. By lowering your monthly mortgage payment or adjusting your loan term, you can better align your mortgage payments with your long-term financial goals. Starting the new year with improved financial flexibility can provide peace of mind as you plan for the future.

6. Close Before the End of the Year

Many lenders may have end-of-year incentives or be motivated to close loans quickly before the calendar year ends. If you’ve been considering refinancing, this is the time to take action. By closing before the year ends, you can start the new year with a better mortgage and more favorable terms.

7. Refinance with a Shorter Loan Term

Another reason to refinance before the year ends is the possibility of securing a shorter loan term. Refinancing to a 15-year mortgage (or even a 10-year loan) can help you pay off your home faster and save money on interest in the long run. While monthly payments may be higher, the overall financial benefit of paying off your loan sooner can be substantial.

Refinancing your mortgage before the year ends offers several opportunities to save money, access equity, and improve your financial outlook for the future. Whether you’re hoping to lower your interest rate, pay off high-interest debt, or take advantage of your home’s increased value, now may be the perfect time to take action. Give us a call to assess your options and ensure that refinancing is the right choice for you.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates, Refinance, Tax Benefits

  • 1
  • 2
  • 3
  • …
  • 6
  • Next Page »

Michael Inkman

Contact Michael


michael@michaelinkman.com
Mobile: (214) 762-4659
NMLS #152707

FIMC Logo

Connect with Me

Browse Articles By Category

Quick Links

  • About Michael
  • Accessibility Statement
  • Blog

The content on this website is written by Michael and reflects his opinion, and not the opinion of Fairway Independent Mortgage Corporation.

Texas Consumer Complaint and
Recovery Fund Notice

Third Party FIMC: bestmortgageblog.com
Equal Housing Lender
Company NMLS #2289
For licensing information, go to: www.nmlsconsumeraccess.orgPrivacy Policy | Terms of Use
Complaints may be directed to: (877) 699-0353 or Email us: customerservice@fairwaymc.com.

Office Location


4201 Marsh Lane
Carrollton, TX 75007

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in