Fair Way Lending LLC: 2025 mortgage rates, costs & approvals
How Fair Way Lending LLC priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: FAIR WAY LENDING LLC · LEI 54930008MKP7T81OVK54
In 2025, Fair Way Lending LLC originated 234 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 6 states — 1132nd by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.875% (all lenders: 6.625%); its median rate spread was 17 basis points above the national median. Median conventional loan costs were $4,300, 23% lower than the national median ($5,570).
It denied 3.0% of completed home-purchase applications (all lenders: 8.5%).
How Fair Way Lending LLC priced home-purchase loans
| Purchase loans, 2025 | Fair Way Lending LLC | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.875% | 6.625% |
| 30-year fixed rate · FHA | 6.625% | 6.250% |
| 30-year fixed rate · VA | — | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | +0.31 pts | +0.13 pts |
| Total loan costs · conventional | $4,300 | $5,570 |
| Total loan costs · FHA | $8,880 | $11,310 |
| Total loan costs · VA | — | $6,490 |
| Origination charges (all types) | $2,690 | $1,860 |
| Borrowers paying discount points | 33.3% | 51.3% |
| Points paid, when paid (% of loan) | 0.70% | 0.87% |
| Borrowers receiving lender credits | 64.6% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Where Fair Way Lending LLC lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Indiana | 152 | 154 | 1.6% | 6.875% | $3,680 |
| Kentucky | 38 | 41 | 10.7% | — | — |
| Georgia | 33 | 34 | 3.1% | 6.875% | $6,530 |
| Illinois | 9 | 9 | — | — | — |
| Florida | 1 | 2 | — | — | — |
| South Carolina | 1 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Fair Way Lending LLC's page for that state.
Counties where Fair Way Lending LLC is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Benton County, IN | 1 | 15 | 9.4% |
| Pulaski County, IL | 5 | 1 | 8.3% |
| Warren County, IN | 2 | 8 | 6.7% |
| Jefferson County, IN | 6 | 23 | 5.3% |
| Fountain County, IN | 7 | 10 | 4.5% |
| Magoffin County, KY | 6 | 1 | 3.7% |
| Monroe County, IN | 7 | 41 | 2.6% |
| Webster County, KY | 16 | 1 | 1.2% |
| Trimble County, KY | 22 | 1 | 1.1% |
| White County, IN | 25 | 3 | 0.9% |
| Greene County, IN | 20 | 4 | 0.9% |
| Perry County, IL | 21 | 1 | 0.9% |
| Marion County, IL | 24 | 2 | 0.6% |
| Franklin County, IL | 22 | 2 | 0.6% |
Check Fair Way Lending LLC yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 54930008MKP7T81OVK54.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Fair Way Lending LLC with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology