Lenders › Fairway Independent Mort Corp › Illinois
Fairway Independent Mort Corp in Illinois
HMDA record for properties in Illinois, calendar year 2024. National record · Illinois 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 Illinois, Fairway Independent Mort Corp reported 5,594 applications and 3,963 originations for 2024, $1.0bn in all.
Its denial rate in the state was 7.9%, below the Illinois rate of 23.3% across all lenders and compared with the lender's national rate of 6.0%.
The median rate spread on its Illinois originations was 0.7 percentage points (state median 0.5).
Applications in the state were down 9% on 2023.
Compared with the state and the lender's national record
| Measure | In Illinois | Illinois, all lenders | Fairway Independent Mort Corp, all states | United States |
|---|---|---|---|---|
| Denial rate | 7.9% | 23.3% | 6.0% | 24.3% |
| Median rate spread, pp | 0.7 | 0.5 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 8.5% | 15.4% | 5.0% | 15.6% |
| Average originated loan | $256k | $273k | $319k | $329k |
| Home purchase share | 91.4% | 61.1% | 91.1% | 57.0% |
| FHA-insured share | 19.9% | 10.7% | 22.0% | 13.4% |
| VA-guaranteed share | 3.0% | 4.9% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIllinois, all lenders
Loan purpose and loan type in Illinois
By purpose
Home purchase 91% (3,623)Home improvement 0% (8)Refinancing 4% (178)Cash-out refinancing 3% (118)Other purpose 1% (36)
By type
Conventional 76% (3,028)FHA 20% (790)VA 3% (120)USDA 1% (25)
Denial reasons as coded
Share of 346 denials in Illinois by first denial reason coded (outlined bar: all lenders in the state).
Counties in Illinois
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Cook County | 2,445 | 1,692 | $460m | 9.1% |
| DuPage County | 440 | 315 | $101m | 5.9% |
| Lake County | 447 | 314 | $91m | 5.1% |
| McHenry County | 381 | 289 | $79m | 4.3% |
| Will County | 408 | 272 | $77m | 11.1% |
| Winnebago County | 305 | 233 | $30m | 4.8% |
| Kane County | 309 | 228 | $64m | 4.2% |
| Monroe County | 96 | 71 | $21m | 6.6% |
| St. Clair County | 87 | 63 | $14m | 13.7% |
| Rock Island County | 62 | 48 | $6.4m | 5.9% |
| Kendall County | 60 | 46 | $14m | 9.8% |
| Boone County | 54 | 41 | $7.8m | 8.7% |
| Madison County | 55 | 36 | $6.9m | 23.4% |
| DeKalb County | 37 | 26 | $5.0m | 13.3% |
| Kankakee County | 33 | 25 | $3.4m | 7.4% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Fairway Independent Mort Corp originate in Illinois in 2024?
3,963 loans totalling $1.0bn, from 5,594 applications reported for properties in Illinois.
What is Fairway Independent Mort Corp's denial rate in Illinois?
7.9% of decided applications in Illinois were denied, against 23.3% 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 Illinois counties does Fairway Independent Mort Corp lend in most?
By originations: Cook County (1,692), DuPage County (315), Lake County (314), McHenry County (289), Will County (272).
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 Illinois. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.