Lenders › Fairway Independent Mort Corp › Virginia
Fairway Independent Mort Corp in Virginia
HMDA record for properties in Virginia, calendar year 2024. National record · Virginia 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 Virginia, Fairway Independent Mort Corp reported 2,161 applications and 1,699 originations for 2024, $714m in all.
Its denial rate in the state was 3.0%, below the Virginia rate of 22.1% across all lenders and compared with the lender's national rate of 6.0%.
The median rate spread on its Virginia originations was 0.3 percentage points (state median 0.3).
Applications in the state were down 11% on 2023.
Compared with the state and the lender's national record
| Measure | In Virginia | Virginia, all lenders | Fairway Independent Mort Corp, all states | United States |
|---|---|---|---|---|
| Denial rate | 3.0% | 22.1% | 6.0% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 2.1% | 16.5% | 5.0% | 15.6% |
| Average originated loan | $420k | $352k | $319k | $329k |
| Home purchase share | 90.9% | 55.8% | 91.1% | 57.0% |
| FHA-insured share | 15.6% | 11.7% | 22.0% | 13.4% |
| VA-guaranteed share | 16.8% | 16.4% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateVirginia, all lenders
Loan purpose and loan type in Virginia
By purpose
Home purchase 91% (1,545)Home improvement 1% (9)Refinancing 5% (80)Cash-out refinancing 3% (46)Other purpose 1% (19)
By type
Conventional 67% (1,138)FHA 16% (265)VA 17% (285)USDA 1% (11)
Denial reasons as coded
Share of 53 denials in Virginia by first denial reason coded (outlined bar: all lenders in the state).
Counties in Virginia
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Fairfax County | 444 | 364 | $205m | 1.6% |
| Prince William County | 207 | 169 | $82m | 2.9% |
| Loudoun County | 135 | 104 | $60m | 1.0% |
| Lynchburg city | 83 | 69 | $13m | 2.8% |
| Spotsylvania County | 85 | 67 | $29m | 1.4% |
| Arlington County | 73 | 61 | $41m | 1.6% |
| Alexandria city | 76 | 56 | $30m | 3.3% |
| Stafford County | 60 | 46 | $21m | 4.2% |
| Campbell County | 57 | 42 | $8.8m | 2.3% |
| Henrico County | 47 | 39 | $11m | 0.0% |
| Bedford County | 52 | 38 | $10.0m | 5.0% |
| Chesterfield County | 51 | 38 | $13m | 7.3% |
| Virginia Beach city | 45 | 36 | $14m | 5.3% |
| Frederick County | 36 | 31 | $12m | 3.1% |
| Richmond city | 33 | 25 | $7.2m | 0.0% |
| Fauquier County | 32 | 23 | $12m | 4.0% |
| Roanoke city | 30 | 22 | $4.5m | — |
| Orange County | 27 | 22 | $8.2m | — |
| Amherst County | 25 | 21 | $4.7m | — |
| Roanoke County | 28 | 20 | $5.0m | — |
| Chesapeake city | 27 | 19 | $7.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Fairway Independent Mort Corp originate in Virginia in 2024?
1,699 loans totalling $714m, from 2,161 applications reported for properties in Virginia.
What is Fairway Independent Mort Corp's denial rate in Virginia?
3.0% of decided applications in Virginia were denied, against 22.1% 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 Virginia counties does Fairway Independent Mort Corp lend in most?
By originations: Fairfax County (364), Prince William County (169), Loudoun County (104), Lynchburg city (69), Spotsylvania County (67).
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 Virginia. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.