Fairway Independent Mortgage · Connecticut · 2025

Fairway Independent Mortgage in Connecticut: approval rate, denial rate and rates (2025)

Fairway Independent Mortgage took 995 mortgage applications in Connecticut in 2025, ranking #35 of 687 lenders active in the state. It originated 74.1% of them and denied 6.1% (7.6% of the applications it decided), against a statewide denial rate of 17.4%.

995Applicationsin CT
7.6%Decision denial ratestate 21.6%
6.63%Median ratestate 6.63%
$295,000Median loanstate $245,000
$228MVolume9 counties

Fairway Independent Mortgage in Connecticut vs the state

6.1%Denial rate-11.27 pts vs state
7.6%Decision denial rate-14.00 pts vs state
74.1%Origination rate+13.69 pts vs state
6.63%Median rate0.00 pts vs state
0.26Rate spread (pts)+0.02 pts vs state
$108kMedian applicant income
737Loans originated
61Denied

Trend in Connecticut

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,2081,5697.3%6.63%#11
20241,6541,2327.2%6.75%#16
20259957376.1%6.63%#35

What Fairway Independent Mortgage lends in Connecticut

By loan purpose

Home purchase 814 82% · 4.7% denied
Refinance 72 7% · 12.5% denied
Cash-out refinance 64 6% · 15.6% denied
Home improvement 7 1% · 0.0% denied
Other / HELOC 38 4% · 10.5% denied

By loan type

Conventional 834 84% · 4.9% denied
FHA 135 14% · 14.8% denied
VA 23 2% · 0.0% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Connecticut applicants

Debt-to-income ratio 16 26%
Other 15 25%
Collateral 10 16%
Incomplete application 10 16%
Credit history 6 10%
Unverifiable information 3 5%
Insufficient cash 1 2%

Where in Connecticut

Counties with the most Fairway Independent Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
09110 55842529 5.2%
09180 133949 6.8%
09140 68484 5.9%
09170 57406 10.5%
09150 46334 8.7%
09130 39283 7.7%
09160 37271 2.7%
09120 32204 12.5%
09190 25221 4.0%

Other large lenders in Connecticut

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 6,04316.5%6.75%
Citizens BankC 4,89526.2%7.40%
Bank of AmericaF 4,59132.1%6.00%
United Shore Financial ServicesB 4,23913.7%6.50%
Total Mortgage ServicesB 4,2194.5%6.63%
Manufacturers and Traders TrustC 4,03031.8%5.99%
Liberty BankA 3,5139.5%5.99%
Webster BankC 2,76221.9%6.74%
NewrezD 2,55621.8%6.88%
AMERICAN EAGLE FINANCIAL Credit UnionD 2,46318.9%7.75%

Frequently asked questions

Connecticut: 995 applications in 2025, of which 737 were originated and 61 denied.

6.1% of all applications, or 7.6% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.

The median rate on loans Fairway Independent Mortgage originated in Connecticut in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Fairway Independent Mortgage's own HMDA filing for properties located in Connecticut, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology