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Fair Way Lending: 2025 loan data
Fair Way Lending's 2025 at a glance, from the public report every mortgage lender files each year.
Filed as FAIR WAY LENDING LLC
- Home loans closed257Loans it funded in 2025
- Approval rate97.3%Of applications it said yes or no to
- Typical loan costs$6,090.38Middle amount, before taxes, prepaids and escrow
- Typical lender fees$2,590.95Its own charges to make the loan
What it closes
257 home loans closed in 2025
Share of its 2025 home loans: 54% Conventional, 34% FHA and 12% Other types.
These describe the lender's past loans. They are not a quote or a promise for your loan.
How these numbers are counted
Reported application outcomes and pricing, 2025
- Filed asFAIR WAY LENDING LLC
- 2025 home loan decisionsOf 264 applications decided by FAIR WAY LENDING LLC in 2025, 257 were originated, 0 were approved but not accepted by the borrower, and 7 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 97.3%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 31 applications were withdrawn by the borrower, 1 was closed for incompleteness, and 0 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.503 percentage points above the average prime offer rate (reported on 247 originations, 10 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$6,090.38 — originated closed-end household loans, 2025, 256 of 257 loans. FFIEC HMDA data browser.
- Median origination charges$2,590.95 — originated closed-end household loans, 2025, 255 of 257 loans. FFIEC HMDA data browser.
- Median lender credits$109.67 — originated closed-end household loans, 2025, 168 of 257 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types140 Conventional, 87 FHA, 7 VA, 23 USDA — of 257 reported originations, 2025. FFIEC HMDA data browser.
Evidence read November 11, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for FAIR WAY LENDING LLC — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.