Fairway Independent Mortgage · Mississippi · 2025

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

Fairway Independent Mortgage took 391 mortgage applications in Mississippi in 2025, ranking #51 of 681 lenders active in the state. It originated 62.9% of them and denied 9.5% (13.0% of the applications it decided), against a statewide denial rate of 22.9%.

391Applicationsin MS
13.0%Decision denial ratestate 28.5%
6.69%Median ratestate 6.75%
$185,000Median loanstate $135,000
$48MVolume29 counties

Fairway Independent Mortgage in Mississippi vs the state

9.5%Denial rate-13.46 pts vs state
13.0%Decision denial rate-15.47 pts vs state
62.9%Origination rate+10.05 pts vs state
6.69%Median rate-0.06 pts vs state
0.63Rate spread (pts)+0.30 pts vs state
$83kMedian applicant income
246Loans originated
37Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,3759849.0%6.63%#15
202437823714.3%6.38%#50
20253912469.5%6.69%#51

What Fairway Independent Mortgage lends in Mississippi

By loan purpose

Home purchase 336 86% · 9.2% denied
Refinance 27 7% · 11.1% denied
Cash-out refinance 21 5% · 4.8% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 6 2% · 33.3% denied

By loan type

Conventional 205 52% · 7.3% denied
FHA 133 34% · 11.3% denied
VA 38 10% · 10.5% denied
USDA / RHS 15 4% · 20.0% denied

Why it denied Mississippi applicants

Debt-to-income ratio 14 38%
Credit history 12 32%
Collateral 6 16%
Incomplete application 2 5%
Employment history 1 3%
Other 1 3%
Insufficient cash 1 3%

Where in Mississippi

Counties with the most Fairway Independent Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jackson County 1479712 8.2%
Harrison County 955412 12.6%
DeSoto County 31146 19.4%
George County 18114 22.2%
Marshall County 1391 7.7%
Panola County 1281 8.3%
Rankin County 980 0.0%
Hancock County 851 12.5%
Tate County 740 0.0%
Stone County 740 0.0%

Other large lenders in Mississippi

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 6,76448.5%10.56%
Trustmark National BankC 5,53112.5%6.75%
Cadence BankB 5,30119.2%7.25%
Regions BankC 4,91644.7%5.75%
Rocket MortgageC 4,63624.8%6.63%
Community Bank of MississippiC 3,8569.0%7.65%
Renasant BankB 3,18814.3%6.99%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%

Frequently asked questions

Mississippi: 391 applications in 2025, of which 246 were originated and 37 denied.

9.5% of all applications, or 13.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Fairway Independent Mortgage originated in Mississippi in 2025 was 6.69%, against a statewide median of 6.75%.

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