FAIR WAY LENDING LLC closing costs and rates (2024)
In 2024, FAIR WAY LENDING LLC originated 191 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $6,200. That is $541 below the national median of $6,741. FAIR WAY LENDING LLC is most active in Indiana with 119 originations there.
Purchase Originations
191
Median Total Costs
$6,200
−8.0% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$2,936
Median Lender Credits
$72
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 115 | 6.875% | $5,224 | $3,002 |
| fha | 54 | 6.750% | $7,707 | $2,949 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,150 | 7.125% | — | 2 | −$3,050 | |
| 2 | $3,392 | 7.000% | — | 5 | −$2,808 | |
| 3 | $3,827 | 6.625% | — | 37 | −$2,373 | |
| 4 | $4,692 | 6.250% | — | 3 | −$1,508 | |
| 5 | $4,740 | 7.375% | — | 2 | −$1,460 | |
| 6 | $5,048 | 6.812% | — | 4 | −$1,152 | |
| 7 | $5,386 | 6.808% | — | 2 | −$814 | |
| 8 | $5,603 | 6.624% | — | 1 | −$597 | |
| 9 | $5,905 | 7.000% | — | 6 | −$295 | |
| 10 | $6,122 | 6.995% | — | 8 | −$78 | |
| 11 | $6,205 | 6.750% | — | 22 | +$5 | |
| 12 | $6,239 | 6.620% | — | 8 | +$39 | |
| 13 | $6,319 | 6.875% | — | 7 | +$119 | |
| 14 | $6,478 | 6.875% | — | 26 | +$278 | |
| 15 | $6,672 | 6.750% | — | 18 | +$472 | |
| 16 | $6,757 | 6.625% | — | 1 | +$557 | |
| 17 | $7,079 | 6.990% | — | 14 | +$879 | |
| 18 | $7,088 | 6.990% | — | 3 | +$888 | |
| 19 | $7,710 | 6.938% | — | 4 | +$1,510 | |
| 20 | $8,048 | 6.750% | — | 2 | +$1,848 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.