What loan types does Fair Way Lending offer?

Fair Way Lending offers the following mortgage loan types: FHA, Conventional, VA, usda. Each product has its own pricing score and performance metrics.

Where does Fair Way Lending offer mortgages?

Fair Way Lending offers mortgages in 7 states: FL, GA, IL, IN, KY, NC, OH.

How competitive are Fair Way Lending's mortgage rates?

Fair Way Lending has an overall pricing score of 26.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Fair Way Lending?

Fair Way Lending is a Independent Mortgage Company headquartered in LOUISVILLE, KY.

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Fair Way Lending

Independent Mortgage Company•Louisville, KYHQ•Direct•Reviews near you on Google

Fair Way Lending has 233 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

FHA · Conventional · VA · USDA

Place

Sound

3/5

Multi-Region · 6 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Strong pull through performance
Particularly strong in FHA and USDA loans

Things to Think About

Rates typically 55 basis points above market average

Explore another lender or local market

Report Card

Fair Way Lending performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+54.5 bps above market avg

2/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

143 loans · 0.44% above market

Sound

Top 60% of lenders

3/5

FHA

62 loans · 0.83% above market

Strong

Top 40% of lenders

4/5

12 loans · 0.10% below market

Acceptable

Bottom 40% of lenders

2/5

USDA

15 loans · 0.48% above market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

199 loans · 0.59% above market

Sound

Top 60% of lenders

3/5

Refinance

34 loans · 0.29% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 7 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Acceptable	Strong	143	61.4%	+0.438%Above	$2,767Fees
FHA Loans	Sound	Strong	Acceptable	Strong	62	26.6%	+0.831%Above	$2,615Fees
VA Loans	Acceptable	Acceptable	—	—	12	5.2%	-0.105%Below	$1,647Fees
USDA Loans	Strong	Strong	—	—	15	6.4%	+0.476%Above	$2,565Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Strong

Volume143

Mix61.4%

Spread

+0.438%Above

Fees

$2,767Fees

FHA Loans

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Strong

Volume62

Mix26.6%

Spread

+0.831%Above

Fees

$2,615Fees

VA Loans

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through—

Volume12

Mix5.2%

Spread

-0.105%Below

Fees

$1,647Fees

USDA Loans

Overall

Strong

Product

Strong

Pricing—

Pull Through—

Volume15

Mix6.4%

Spread

+0.476%Above

Fees

$2,565Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Acceptable	Strong	199	85.4%	+0.591%Above	$2,776Fees
Refinance	Sound	Acceptable	Sound	Sound	34	14.6%	+0.294%Above	$2,176Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Strong

Volume199

Mix85.4%

Spread

+0.591%Above

Fees

$2,776Fees

Refinance

Overall

Sound

Product

Acceptable

Pricing

Sound

Pull Through

Sound

Volume34

Mix14.6%

Spread

+0.294%Above

Fees

$2,176Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

233

Applications

284

Volume

$52 million

Pricing & Closing

Avg Rate Spread

+0.545%

vs. market APOR

Avg Net Fees

$2,683

Origination − Credits

Pullthrough Rate

82.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$226,073

Avg Borrower Income

$90,940

Avg Property Value

$278,176

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

7Full-year 2024 · HMDA

Loans originated

< 5050+None

Midwest3

ILINOH

South4

FLGAKYNC

Top Metro Areas by Place Specialization Score

Bloomington, INMetro

Volume 49Mix 21.03% of portfolio

73/100

Strong

Louisville/Jefferson County, KY, KY-INMetro

Volume 41Mix 17.60% of portfolio

63/100

Strong

Lafayette, INMetro

Volume 29Mix 12.45% of portfolio

62/100

Strong

Atlanta, GAMetro

Volume 42Mix 18.03% of portfolio

60/100

Sound

Indianapolis, INMetro

Volume 15Mix 6.44% of portfolio

47/100

Sound

Evansville, INMetro

Volume 12Mix 5.15% of portfolio

46/100

Sound

Top States by Place Specialization Score

IndianaState

Volume 143Mix 61.37% of portfolio

70/100

Strong

KentuckyState

Volume 39Mix 16.74% of portfolio

59/100

Sound

GeorgiaState

Volume 43Mix 18.45% of portfolio

56/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.