Fair Way Lending in Indiana vs the state
1.1%Denial rate-15.47 pts vs state
1.2%Decision denial rate-18.96 pts vs state
92.3%Origination rate+30.06 pts vs state
6.75%Median rate0.00 pts vs state
0.59Rate spread (pts)+0.23 pts vs state
$79kMedian applicant income
168Loans originated
2Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 186 | 143 | 1.6% | 6.88% | #184 |
| 2024 | 189 | 151 | 1.6% | 6.88% | #194 |
| 2025 | 182 | 168 | 1.1% | 6.75% | #210 |
What Fair Way Lending lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Fair Way Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monroe County | 46 | 46 | 0 | 0.0% |
| Jefferson County | 28 | 25 | 0 | 0.0% |
| Benton County | 17 | 15 | 2 | 11.8% |
| Fountain County | 11 | 11 | 0 | 0.0% |
| Warren County | 11 | 10 | 0 | 0.0% |
| Tippecanoe County | 7 | 7 | 0 | 0.0% |
| Johnson County | 5 | 3 | 0 | 0.0% |
| Marion County | 5 | 4 | 0 | 0.0% |
| Greene County | 5 | 5 | 0 | 0.0% |
| Vanderburgh County | 5 | 3 | 0 | 0.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 182 applications in 2025, of which 168 were originated and 2 denied.
1.1% of all applications, or 1.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Fair Way Lending originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Fair Way Lending's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology