Fairway Independent Mortgage in Indiana vs the state
7.4%Denial rate-9.19 pts vs state
8.7%Decision denial rate-11.40 pts vs state
76.2%Origination rate+13.90 pts vs state
6.75%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.04 pts vs state
$87kMedian applicant income
3,665Loans originated
355Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,064 | 3,004 | 4.2% | 7.13% | #10 |
| 2024 | 4,433 | 3,495 | 3.3% | 6.99% | #10 |
| 2025 | 4,813 | 3,665 | 7.4% | 6.75% | #8 |
What Fairway Independent Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Fairway Independent Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 948 | 697 | 91 | 9.6% |
| Hamilton County | 520 | 414 | 28 | 5.4% |
| Lake County | 434 | 329 | 19 | 4.4% |
| Allen County | 392 | 321 | 27 | 6.9% |
| Hendricks County | 217 | 163 | 17 | 7.8% |
| Johnson County | 199 | 155 | 15 | 7.5% |
| Madison County | 141 | 106 | 13 | 9.2% |
| Porter County | 131 | 104 | 5 | 3.8% |
| Morgan County | 131 | 91 | 12 | 9.2% |
| Hancock County | 112 | 84 | 11 | 9.8% |
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% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
| The Huntington National Bank | D | 4,584 | 30.2% | 7.84% |
Frequently asked questions
Indiana: 4,813 applications in 2025, of which 3,665 were originated and 355 denied.
7.4% of all applications, or 8.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Fairway Independent Mortgage originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Fairway Independent Mortgage'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