Fairway Independent Mortgage in Virginia vs the state
5.0%Denial rate-10.99 pts vs state
6.1%Decision denial rate-14.20 pts vs state
76.2%Origination rate+16.71 pts vs state
6.50%Median rate-0.13 pts vs state
0.16Rate spread (pts)-0.06 pts vs state
$125kMedian applicant income
1,757Loans originated
114Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,417 | 1,884 | 4.2% | 6.50% | #26 |
| 2024 | 2,161 | 1,699 | 2.5% | 6.75% | #37 |
| 2025 | 2,305 | 1,757 | 5.0% | 6.50% | #37 |
What Fairway Independent Mortgage lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most Fairway Independent Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 363 | 292 | 13 | 3.6% |
| Prince William County | 194 | 137 | 9 | 4.6% |
| Loudoun County | 114 | 88 | 1 | 0.9% |
| Lynchburg city | 108 | 84 | 3 | 2.8% |
| Spotsylvania County | 96 | 68 | 7 | 7.3% |
| Roanoke city | 86 | 54 | 15 | 17.4% |
| Henrico County | 84 | 60 | 5 | 6.0% |
| Chesterfield County | 83 | 62 | 9 | 10.8% |
| Arlington County | 80 | 63 | 4 | 5.0% |
| Stafford County | 72 | 56 | 1 | 1.4% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 2,305 applications in 2025, of which 1,757 were originated and 114 denied.
5.0% of all applications, or 6.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans Fairway Independent Mortgage originated in Virginia in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Fairway Independent Mortgage's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology