Fairway Independent Mortgage · Texas · 2025

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

Fairway Independent Mortgage took 10,312 mortgage applications in Texas in 2025, ranking #21 of 1,568 lenders active in the state. It originated 72.4% of them and denied 3.9% (5.1% of the applications it decided), against a statewide denial rate of 19.4%.

10kApplicationsin TX
5.1%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$295,000Median loanstate $245,000
$2.6BVolume186 counties

Fairway Independent Mortgage in Texas vs the state

3.9%Denial rate-15.50 pts vs state
5.1%Decision denial rate-19.79 pts vs state
72.4%Origination rate+17.54 pts vs state
6.63%Median rate+0.13 pts vs state
0.32Rate spread (pts)+0.13 pts vs state
$121kMedian applicant income
7,468Loans originated
405Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314,16410,2505.2%6.75%#12
202410,1737,4034.3%6.75%#18
202510,3127,4683.9%6.63%#21

What Fairway Independent Mortgage lends in Texas

By loan purpose

Home purchase 8,678 84% · 2.7% denied
Refinance 839 8% · 8.3% denied
Cash-out refinance 461 4% · 12.8% denied
Home improvement 90 1% · 10.0% denied
Other / HELOC 244 2% · 14.3% denied

By loan type

Conventional 5,983 58% · 4.1% denied
FHA 2,761 27% · 4.3% denied
VA 1,488 14% · 2.8% denied
USDA / RHS 80 1% · 2.5% denied

Why it denied Texas applicants

Debt-to-income ratio 113 28%
Credit history 84 21%
Other 60 15%
Collateral 54 13%
Incomplete application 41 10%
Unverifiable information 30 7%
Insufficient cash 14 3%
Employment history 8 2%
Mortgage insurance denied 1 0%

Where in Texas

Counties with the most Fairway Independent Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bell County 1,11686932 2.9%
Harris County 86457834 3.9%
Tarrant County 72951733 4.5%
Travis County 59742418 3.0%
Williamson County 5063889 1.8%
Denton County 47634314 2.9%
Dallas County 46128927 5.9%
Montgomery County 39428811 2.8%
Collin County 35224911 3.1%
McLennan County 30921414 4.5%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 10,312 applications in 2025, of which 7,468 were originated and 405 denied.

3.9% of all applications, or 5.1% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Fairway Independent Mortgage originated in Texas 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 Texas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology