Lender profile · HMDA 2023–2025
Fairway Independent Mortgage Corporation mortgage approval rates & lending data
Fairway Independent Mortgage Corporation decided 198,243 mortgage applications and funded 184,744 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 162,391 / 170,663 | 99% | $305K | 161,116 |
| Home improvement loans | 83% | 645 / 777 | 98% | $135K | 634 |
| Cash-out refinance | 81% | 6,370 / 7,858 | 99% | $265K | 6,282 |
| Refinance | 88% | 7,080 / 8,044 | 99% | $385K | 6,977 |
| Investment property purchase | 93% | 8,707 / 9,371 | 99% | $255K | 8,605 |
| Investment cash-out refinance | 74% | 501 / 679 | 98% | $245K | 492 |
| Investment refinance | 75% | 453 / 602 | 99% | $285K | 448 |
| Investment home improvement | 78% | 195 / 249 | 97% | $185K | 190 |
Fairway Independent Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 94% | $295K | 21,930 | 20,534 |
| Arizona | 93% | $375K | 15,104 | 13,965 |
| Illinois | 92% | $255K | 12,600 | 11,449 |
| Florida | 91% | $315K | 12,112 | 10,871 |
| North Carolina | 96% | $285K | 8,766 | 8,327 |
| California | 94% | $465K | 8,384 | 7,743 |
| Georgia | 95% | $365K | 8,074 | 7,629 |
| Ohio | 96% | $175K | 8,007 | 7,593 |
| Indiana | 94% | $205K | 7,926 | 7,378 |
| Washington | 95% | $435K | 7,834 | 7,383 |
| Colorado | 95% | $405K | 7,486 | 7,046 |
| Massachusetts | 93% | $475K | 6,621 | 6,085 |
| Wisconsin | 95% | $245K | 6,381 | 6,068 |
| Minnesota | 96% | $295K | 5,961 | 5,682 |
| Missouri | 96% | $235K | 4,606 | 4,404 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.