Fairon FinancialMore FAQs
Straight answers to common home, equity and investment questions. More on the home page.
Where is Fairon Financial Corp located?
Our office is at 895 Dove Street, 3rd Floor, Newport Beach, CA 92660, serving Orange County in person and all 50 states by phone and video. Call 1-888-440-4775, 24/7.
Should I use a HELOC or a cash-out refinance?
It depends on your current mortgage rate, how much you need and how fast you will repay it. A HELOC keeps your first mortgage in place and lets you draw as needed; a cash-out refinance replaces your mortgage with a larger one. We model both on your numbers so you can see the monthly cost and long-term trade-off side by side.
What is a DSCR loan?
A DSCR (debt service coverage ratio) loan qualifies an investment property mainly on the rent it produces compared with its mortgage payment, rather than on the investor's personal income. It is commonly used by real estate investors who are self-employed or own several properties.
How does a 1031 exchange work?
A 1031 exchange lets an investor sell an investment property and defer capital gains tax by reinvesting the proceeds in a like-kind property, following IRS deadlines: 45 days to identify a replacement and 180 days to close. We plan the exchange alongside your financing and work with your qualified intermediary and CPA.
When do real estate services start?
Fairon Financial Corp is not taking any direct real estate related services until fully licensed. The start date is the 2nd quarter of 2027. All initial inquiries are added to the FFC VIP registration for the launch announcement.