Lenders › Fairway Independent Mort Corp › Alabama
Fairway Independent Mort Corp in Alabama
HMDA record for properties in Alabama, calendar year 2024. National record · Alabama overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Alabama, Fairway Independent Mort Corp reported 2,388 applications and 1,769 originations for 2024, $476m in all.
Its denial rate in the state was 8.8%, below the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 6.0%.
The median rate spread on its Alabama originations was 0.4 percentage points (state median 0.4).
Applications in the state were down 30% on 2023.
Compared with the state and the lender's national record
| Measure | In Alabama | Alabama, all lenders | Fairway Independent Mort Corp, all states | United States |
|---|---|---|---|---|
| Denial rate | 8.8% | 26.3% | 6.0% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 2.7% | 16.5% | 5.0% | 15.6% |
| Average originated loan | $269k | $228k | $319k | $329k |
| Home purchase share | 96.2% | 59.0% | 91.1% | 57.0% |
| FHA-insured share | 24.6% | 18.0% | 22.0% | 13.4% |
| VA-guaranteed share | 11.9% | 12.5% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateAlabama, all lenders
Loan purpose and loan type in Alabama
By purpose
Home purchase 96% (1,701)Home improvement 0% (3)Refinancing 2% (27)Cash-out refinancing 2% (31)Other purpose 0% (7)
By type
Conventional 60% (1,054)FHA 25% (436)VA 12% (210)USDA 4% (69)
Denial reasons as coded
Share of 173 denials in Alabama by first denial reason coded (outlined bar: all lenders in the state).
Counties in Alabama
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Jefferson County | 421 | 350 | $115m | 3.3% |
| Shelby County | 236 | 190 | $65m | 2.6% |
| Montgomery County | 176 | 133 | $32m | 4.9% |
| Elmore County | 124 | 103 | $26m | 5.5% |
| Mobile County | 142 | 89 | $20m | 15.7% |
| Calhoun County | 87 | 72 | $13m | 4.0% |
| Houston County | 88 | 68 | $15m | 9.2% |
| Autauga County | 81 | 61 | $16m | 6.0% |
| St. Clair County | 79 | 60 | $14m | 4.7% |
| Madison County | 83 | 54 | $17m | 8.5% |
| Baldwin County | 77 | 46 | $13m | 15.8% |
| Escambia County | 56 | 40 | $8.8m | 13.0% |
| Jackson County | 50 | 33 | $7.3m | 8.3% |
| Marshall County | 46 | 33 | $7.9m | 8.3% |
| Talladega County | 45 | 33 | $6.9m | 8.3% |
| Morgan County | 40 | 30 | $7.4m | 11.4% |
| Lee County | 37 | 30 | $7.8m | 3.1% |
| Etowah County | 46 | 27 | $6.1m | 27.0% |
| Dale County | 36 | 27 | $5.7m | 6.9% |
| DeKalb County | 34 | 21 | $5.2m | — |
| Coffee County | 31 | 21 | $6.0m | — |
| Limestone County | 33 | 20 | $6.5m | 16.0% |
| Blount County | 28 | 20 | $5.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Fairway Independent Mort Corp originate in Alabama in 2024?
1,769 loans totalling $476m, from 2,388 applications reported for properties in Alabama.
What is Fairway Independent Mort Corp's denial rate in Alabama?
8.8% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 6.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Alabama counties does Fairway Independent Mort Corp lend in most?
By originations: Jefferson County (350), Shelby County (190), Montgomery County (133), Elmore County (103), Mobile County (89).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Alabama. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.