Fairway Independent Mortgage in Alabama vs the state
4.1%Denial rate-15.80 pts vs state
5.0%Decision denial rate-19.99 pts vs state
76.3%Origination rate+20.87 pts vs state
6.63%Median rate+0.13 pts vs state
0.37Rate spread (pts)+0.08 pts vs state
$92kMedian applicant income
1,902Loans originated
101Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,418 | 2,600 | 8.9% | 6.75% | #11 |
| 2024 | 2,388 | 1,769 | 7.2% | 6.75% | #19 |
| 2025 | 2,494 | 1,902 | 4.1% | 6.63% | #21 |
What Fairway Independent Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Fairway Independent Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 632 | 489 | 21 | 3.3% |
| Shelby County | 267 | 209 | 4 | 1.5% |
| Montgomery County | 174 | 126 | 8 | 4.6% |
| Houston County | 118 | 90 | 7 | 5.9% |
| Elmore County | 113 | 90 | 3 | 2.7% |
| Calhoun County | 107 | 89 | 3 | 2.8% |
| Madison County | 94 | 73 | 3 | 3.2% |
| St. Clair County | 82 | 64 | 2 | 2.4% |
| Morgan County | 72 | 53 | 3 | 4.2% |
| Mobile County | 66 | 37 | 7 | 10.6% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 2,494 applications in 2025, of which 1,902 were originated and 101 denied.
4.1% of all applications, or 5.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Fairway Independent Mortgage originated in Alabama in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Fairway Independent Mortgage's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology