Southwest Stage Funding Mortgage Rates, Fees & Info

SCOTTSDALE, AZ

LEI: 549300249G20MDIDRR27

Tax ID: 52-2321476

5 stars - out of 5 stars, based on 62 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Southwest Stage Funding is a smaller mortgage company specializing in Home Purchase and Refi loans. Southwest Stage Funding has They have a a high proportion of FHA loans. an average proportion of conventional loans. Their top markets include San Antonio, Austin, Houston, Phoenix, and Dallas among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Southwest Stage Funding is typically an average fee lendor.


Originations

3,814

Origination Dollar Volume (All Markets)

$553,230,000
Show all (19) awards

Relative Rate

Southwest Stage Funding 's average 30 year fixed rate mortgage of loans were 3.3%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.06%.

Relative Fees

Southwest Stage Funding 's average total fees for a 30 year fixed rate mortgage are $3,847.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 1,422 $194,690,000 $136,913 $3,569 5.34%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 217 $33,735,000 $155,461 $4,153 5.18%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 177 $31,415,000 $177,486 $4,291 3.85%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 112 $15,860,000 $141,607 $4,019 5.51%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 76 $13,610,000 $179,079 $4,095 3.13%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 71 $9,905,000 $139,507 $3,893 5.18%
MIDLAND, TX (FHA|USDA|VA) 55 $8,925,000 $162,273 $5,140 6.18%
JACKSONVILLE, FL (FHA|USDA|VA) 54 $8,340,000 $154,444 $3,857 4.79%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 33 $5,825,000 $176,515 $4,319 3.63%
ODESSA, TX (FHA|USDA|VA) 37 $5,205,000 $140,676 $4,886 7.56%
KNOXVILLE, TN (FHA|USDA|VA) 32 $5,170,000 $161,563 $3,571 3.97%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 32 $4,790,000 $149,688 $3,036 4.85%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 28 $4,650,000 $166,071 $3,545 3.68%
SHERMAN-DENISON, TX (FHA|USDA|VA) 29 $4,465,000 $153,966 $5,454 5.37%
OKLAHOMA CITY, OK (FHA|USDA|VA) 31 $4,445,000 $143,387 $3,792 5.27%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 30 $4,400,000 $146,667 $3,827 5.87%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 26 $4,390,000 $168,846 $3,101 4.61%
TALLAHASSEE, FL (FHA|USDA|VA) 33 $4,305,000 $130,455 $3,629 4.20%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 33 $4,265,000 $129,242 $3,494 4.34%
LONGVIEW, TX (FHA|USDA|VA) 35 $4,225,000 $120,714 $3,498 5.57%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 29 $3,975,000 $137,069 $3,139 5.23%
TULSA, OK (FHA|USDA|VA) 26 $3,890,000 $149,615 $3,927 4.32%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 28 $3,880,000 $138,571 $3,389 5.17%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 20 $3,810,000 $190,500 $3,806 3.49%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 24 $3,710,000 $154,583 $3,474 3.49%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 26 $3,600,000 $138,462 $2,917 5.17%
SPARTANBURG, SC (FHA|USDA|VA) 23 $3,225,000 $140,217 $3,301 4.16%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 17 $3,225,000 $189,706 $4,900 3.69%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 10 $3,190,000 $319,000 $6,255 3.25%
TUCSON, AZ (FHA|USDA|VA) 20 $3,090,000 $154,500 $3,240 3.27%
WACO, TX (FHA|USDA|VA) 21 $2,765,000 $131,667 $3,258 5.85%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 15 $2,715,000 $181,000 $3,593 3.39%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 20 $2,680,000 $134,000 $3,695 5.95%
VICTORIA, TX (FHA|USDA|VA) 17 $2,665,000 $156,765 $4,357 5.62%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 16 $2,650,000 $165,625 $3,723 3.25%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 9 $2,635,000 $292,778 $5,458 3.64%
JACKSON, MS (FHA|USDA|VA) 19 $2,585,000 $136,053 $3,760 4.97%
ASHEVILLE, NC (FHA|USDA|VA) 16 $2,580,000 $161,250 $4,147 4.56%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 20 $2,570,000 $128,500 $3,174 4.65%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 9 $2,485,000 $276,111 $3,172 3.54%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 16 $2,470,000 $154,375 $4,297 3.68%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $2,465,000 $164,333 $4,051 3.91%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 17 $2,395,000 $140,882 $3,589 5.09%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 22 $2,390,000 $108,636 $3,654 6.78%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 16 $2,390,000 $149,375 $3,588 5.30%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 14 $2,310,000 $165,000 $4,459 3.79%
BATON ROUGE, LA (FHA|USDA|VA) 23 $2,305,000 $100,217 $2,758 7.49%
GAINESVILLE, FL (FHA|USDA|VA) 17 $2,195,000 $129,118 $3,868 6.20%
OCALA, FL (FHA|USDA|VA) 14 $2,060,000 $147,143 $2,871 4.54%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 11 $1,955,000 $177,727 $3,231 3.58%
SANTA FE, NM (FHA|USDA|VA) 10 $1,920,000 $192,000 $4,097 3.21%
JOHNSON CITY, TN (FHA|USDA|VA) 13 $1,915,000 $147,308 $2,636 3.60%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 12 $1,910,000 $159,167 $3,624 3.65%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 13 $1,885,000 $145,000 $2,899 4.43%
MORRISTOWN, TN (FHA|USDA|VA) 12 $1,860,000 $155,000 $3,246 4.06%
COLUMBIA, SC (FHA|USDA|VA) 16 $1,790,000 $111,875 $2,270 6.61%
TYLER, TX (FHA|USDA|VA) 14 $1,760,000 $125,714 $3,367 6.93%
PANAMA CITY, FL (FHA|USDA|VA) 9 $1,445,000 $160,556 $3,635 4.25%
AMARILLO, TX (FHA|USDA|VA) 11 $1,405,000 $127,727 $3,924 5.64%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $1,385,000 $125,909 $2,941 5.82%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 12 $1,350,000 $112,500 $3,204 5.34%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 8 $1,350,000 $168,750 $3,483 4.19%
LAFAYETTE, LA (FHA|USDA|VA) 13 $1,335,000 $102,692 $3,343 6.45%
LYNCHBURG, VA (FHA|USDA|VA) 9 $1,335,000 $148,333 $3,268 4.04%
CHEYENNE, WY (FHA|USDA|VA) 6 $1,310,000 $218,333 $4,290 3.40%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,300,000 $216,667 $4,710 3.88%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 21 $1,285,000 $61,190 $1,479 9.53%
MOBILE, AL (FHA|USDA|VA) 12 $1,250,000 $104,167 $2,339 6.42%
LAKE CHARLES, LA (FHA|USDA|VA) 12 $1,240,000 $103,333 $3,102 6.99%
HATTIESBURG, MS (FHA|USDA|VA) 10 $1,240,000 $124,000 $3,767 5.86%
HUNTSVILLE, AL (FHA|USDA|VA) 10 $1,200,000 $120,000 $3,609 5.13%
ALBUQUERQUE, NM (FHA|USDA|VA) 8 $1,200,000 $150,000 $3,309 3.06%
TUSCALOOSA, AL (FHA|USDA|VA) 11 $1,175,000 $106,818 $3,012 8.00%
FLORENCE, SC (FHA|USDA|VA) 10 $1,130,000 $113,000 $2,299 7.21%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $1,125,000 $160,714 $3,117 4.56%
JACKSON, TN (FHA|USDA|VA) 7 $1,085,000 $155,000 $3,350 3.34%
MONROE, LA (FHA|USDA|VA) 8 $1,050,000 $131,250 $3,380 5.07%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 8 $1,020,000 $127,500 $2,941 3.95%
FORT SMITH, AR-OK (FHA|USDA|VA) 11 $1,005,000 $91,364 $3,374 7.02%
HOT SPRINGS, AR (FHA|USDA|VA) 8 $1,000,000 $125,000 $2,564 4.73%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 4 $990,000 $247,500 $5,369 3.25%
SALISBURY, MD-DE (FHA|USDA|VA) 5 $945,000 $189,000 $4,120 3.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 9 $905,000 $100,556 $3,497 8.07%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $860,000 $215,000 $6,293 3.25%
ROANOKE, VA (FHA|USDA|VA) 5 $835,000 $167,000 $3,021 3.65%
FAYETTEVILLE, NC (FHA|USDA|VA) 8 $830,000 $103,750 $2,339 6.52%
HINESVILLE, GA (FHA|USDA|VA) 5 $825,000 $165,000 $4,156 3.68%
COLUMBUS, OH (FHA|USDA|VA) 8 $820,000 $102,500 $3,089 6.46%
BELLINGHAM, WA (FHA|USDA|VA) 4 $820,000 $205,000 $4,077 3.00%
MEDFORD, OR (FHA|USDA|VA) 3 $805,000 $268,333 $5,896 3.25%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $785,000 $261,667 $4,930 4.58%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $755,000 $151,000 $5,096 3.30%
PUEBLO, CO (FHA|USDA|VA) 4 $740,000 $185,000 $3,824 3.28%
LAS CRUCES, NM (FHA|USDA|VA) 5 $715,000 $143,000 $3,772 4.20%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $715,000 $238,333 $6,574 3.29%
LUBBOCK, TX (FHA|USDA|VA) 6 $690,000 $115,000 $4,523 7.91%
VALDOSTA, GA (FHA|USDA|VA) 6 $690,000 $115,000 $2,564 5.64%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 3 $685,000 $228,333 $4,299 3.75%
CHARLESTON, WV (FHA|USDA|VA) 7 $685,000 $97,857 $3,194 3.55%
BRUNSWICK, GA (FHA|USDA|VA) 6 $660,000 $110,000 $3,220 6.29%
MORGANTOWN, WV (FHA|USDA|VA) 4 $650,000 $162,500 $3,557 2.88%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $645,000 $129,000 $4,431 6.56%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $640,000 $160,000 $3,176 3.00%
ALBANY, GA (FHA|USDA|VA) 6 $630,000 $105,000 $3,112 7.67%
GREELEY, CO (FHA|USDA|VA) 3 $615,000 $205,000 $6,793 3.75%
HAMMOND, LA (FHA|USDA|VA) 5 $615,000 $123,000 $3,542 6.08%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $595,000 $595,000 $0 3.88%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $590,000 $147,500 $5,283 7.19%
SAN ANGELO, TX (FHA|USDA|VA) 4 $590,000 $147,500 $4,687 4.63%
WENATCHEE, WA (FHA|USDA|VA) 3 $585,000 $195,000 $3,954 2.92%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $585,000 $585,000 $11,660 3.75%
WILMINGTON, NC (FHA|USDA|VA) 5 $585,000 $117,000 $2,547 5.64%
SAVANNAH, GA (FHA|USDA|VA) 4 $570,000 $142,500 $2,995 4.72%
ABILENE, TX (FHA|USDA|VA) 5 $565,000 $113,000 $4,123 6.86%
FARMINGTON, NM (FHA|USDA|VA) 4 $550,000 $137,500 $3,402 3.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $545,000 $109,000 $3,291 6.31%
TEXARKANA, TX-AR (FHA|USDA|VA) 5 $535,000 $107,000 $3,110 6.39%
HARRISONBURG, VA (FHA|USDA|VA) 2 $530,000 $265,000 $4,660 3.81%
SALEM, OR (FHA|USDA|VA) 2 $530,000 $265,000 $5,513 3.87%
ROCKY MOUNT, NC (FHA|USDA|VA) 5 $525,000 $105,000 $2,196 3.73%
GREENVILLE, NC (FHA|USDA|VA) 4 $520,000 $130,000 $4,011 6.70%
ALEXANDRIA, LA (FHA|USDA|VA) 5 $515,000 $103,000 $3,382 5.05%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $510,000 $127,500 $3,847 4.34%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $510,000 $127,500 $2,658 7.99%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 4 $510,000 $127,500 $3,618 3.25%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $510,000 $127,500 $3,122 3.59%
ROME, GA (FHA|USDA|VA) 3 $505,000 $168,333 $1,975 3.83%
EL PASO, TX (FHA|USDA|VA) 5 $495,000 $99,000 $3,269 6.06%
CARBONDALE-MARION, IL (FHA|USDA|VA) 3 $495,000 $165,000 $3,122 2.75%
MONTGOMERY, AL (FHA|USDA|VA) 6 $490,000 $81,667 $2,366 8.24%
EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $465,000 $155,000 $3,918 4.98%
AKRON, OH (FHA|USDA|VA) 2 $460,000 $230,000 $3,712 3.25%
OWENSBORO, KY (FHA|USDA|VA) 3 $455,000 $151,667 $3,394 5.56%
DALTON, GA (FHA|USDA|VA) 5 $445,000 $89,000 $3,929 4.68%
STAUNTON, VA (FHA|USDA|VA) 2 $440,000 $220,000 $4,060 3.25%
LAWTON, OK (FHA|USDA|VA) 2 $410,000 $205,000 $2,821 6.50%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 2 $390,000 $195,000 $4,398 3.00%
GAINESVILLE, GA (FHA|USDA|VA) 3 $385,000 $128,333 $3,412 6.74%
DOTHAN, AL (FHA|USDA|VA) 2 $360,000 $180,000 $3,345 5.00%
LAREDO, TX (FHA|USDA|VA) 6 $360,000 $60,000 $2,516 9.20%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $360,000 $180,000 $3,196 3.06%
PITTSBURGH, PA (FHA|USDA|VA) 2 $360,000 $180,000 $4,709 3.56%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $340,000 $170,000 $3,240 3.81%
RAPID CITY, SD (FHA|USDA|VA) 2 $340,000 $170,000 $3,162 3.25%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $340,000 $170,000 $3,928 3.00%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 1 $335,000 $335,000 $4,728 2.75%
SUMTER, SC (FHA|USDA|VA) 3 $335,000 $111,667 $2,413 6.83%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $330,000 $165,000 $5,884 4.83%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $320,000 $160,000 $3,659 3.31%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $305,000 $305,000 $5,624 2.75%
JONESBORO, AR (FHA|USDA|VA) 3 $305,000 $101,667 $3,327 5.83%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $305,000 $101,667 $2,918 6.55%
CLEVELAND, TN (FHA|USDA|VA) 2 $290,000 $145,000 $2,585 3.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $290,000 $145,000 $3,679 3.56%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 1 $285,000 $285,000 $1,518 2.75%
BOISE CITY, ID (FHA|USDA|VA) 2 $280,000 $140,000 $4,147 5.50%
YUMA, AZ (FHA|USDA|VA) 2 $280,000 $140,000 $3,142 3.00%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $275,000 $275,000 $5,872 2.75%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 1 $275,000 $275,000 $2,638 2.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.25%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $265,000 $265,000 $6,488 2.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $260,000 $130,000 $3,863 3.25%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $255,000 $255,000 $5,667 2.75%
FOND DU LAC, WI (FHA|USDA|VA) 1 $255,000 $255,000 $3,318 2.75%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $255,000 $255,000 $4,418 4.25%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 2 $250,000 $125,000 $7,436 5.79%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $250,000 $125,000 $1,509 5.78%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $245,000 $245,000 $5,947 3.75%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $245,000 $81,667 $3,190 8.64%
RICHMOND, VA (FHA|USDA|VA) 1 $235,000 $235,000 $4,191 3.25%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $230,000 $115,000 $3,923 4.97%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $230,000 $115,000 $2,670 3.25%
BEND, OR (FHA|USDA|VA) 2 $230,000 $115,000 $2,650 3.50%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $220,000 $110,000 $2,195 6.00%
GADSDEN, AL (FHA|USDA|VA) 3 $215,000 $71,667 $2,320 9.41%
KANSAS CITY, MO-KS (FHA|USDA|VA) 5 $205,000 $41,000 $1,619 9.84%
PEORIA, IL (FHA|USDA|VA) 1 $205,000 $205,000 $4,163 2.75%
ERIE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $5,253 2.75%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $200,000 $100,000 $4,794 7.25%
PINE BLUFF, AR (FHA|USDA|VA) 2 $200,000 $100,000 $3,550 6.66%
GETTYSBURG, PA (FHA|USDA|VA) 2 $200,000 $100,000 $2,796 6.60%
ENID, OK (FHA|USDA|VA) 1 $195,000 $195,000 $4,390 4.38%
GOLDSBORO, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,377 4.25%
BANGOR, ME (FHA|USDA|VA) 1 $195,000 $195,000 $4,430 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $190,000 $95,000 $2,269 5.75%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $185,000 $185,000 $4,034 3.88%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $185,000 $185,000 $3,904 3.38%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 1 $185,000 $185,000 $4,296 3.75%
DOVER, DE (FHA|USDA|VA) 1 $175,000 $175,000 $3,071 3.75%
BILLINGS, MT (FHA|USDA|VA) 1 $175,000 $175,000 $3,560 3.88%
YUBA CITY, CA (FHA|USDA|VA) 1 $175,000 $175,000 $3,137 3.75%
TOPEKA, KS (FHA|USDA|VA) 1 $165,000 $165,000 $1,763 3.75%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 1 $165,000 $165,000 $10,152 2.75%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $165,000 $165,000 $3,818 2.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,026 3.25%
FRESNO, CA (FHA|USDA|VA) 1 $165,000 $165,000 $4,008 2.75%
REDDING, CA (FHA|USDA|VA) 1 $165,000 $165,000 $2,946 2.75%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 1 $165,000 $165,000 $2,907 3.88%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $155,000 $51,667 $2,574 8.58%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $155,000 $155,000 $2,799 3.75%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,251 2.75%
BISMARCK, ND (FHA|USDA|VA) 1 $155,000 $155,000 $3,871 3.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,504 6.55%
CORVALLIS, OR (FHA|USDA|VA) 1 $145,000 $145,000 $2,557 2.75%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $145,000 $145,000 $4,891 3.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $145,000 $145,000 $3,470 3.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $145,000 $145,000 $6,685 8.75%
LAWRENCE, KS (FHA|USDA|VA) 1 $135,000 $135,000 $3,397 2.75%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $135,000 $135,000 $3,789 3.75%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,631 3.75%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $135,000 $135,000 $3,018 2.75%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 1 $135,000 $135,000 $9,053 3.88%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,925 2.75%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,626 8.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,164 2.75%
ANN ARBOR, MI (FHA|USDA|VA) 1 $115,000 $115,000 $3,565 8.59%
MODESTO, CA (FHA|USDA|VA) 1 $115,000 $115,000 $2,281 2.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $115,000 $115,000 $4,735 9.50%
LONGVIEW, WA (FHA|USDA|VA) 1 $105,000 $105,000 $2,387 2.75%
NEW BERN, NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,333 3.88%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $95,000 $95,000 $3,646 3.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $95,000 $31,667 $1,118 10.46%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $95,000 $95,000 $6,906 3.75%
TWIN FALLS, ID (FHA|USDA|VA) 1 $95,000 $95,000 $2,862 3.75%
JACKSON, MI (FHA|USDA|VA) 2 $90,000 $45,000 $893 9.95%
FORT COLLINS, CO (FHA|USDA|VA) 1 $85,000 $85,000 $3,662 3.75%
NILES, MI (FHA|USDA|VA) 1 $85,000 $85,000 $2,978 8.20%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $65,000 $65,000 $2,950 7.55%
COLUMBUS, IN (FHA|USDA|VA) 1 $45,000 $45,000 $1,381 10.51%
FORT WAYNE, IN (FHA|USDA|VA) 1 $45,000 $45,000 $2,456 10.10%

Southwest Stage Funding 's top markets include San Antonio, Austin, Houston, Phoenix, and Dallas among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
FHA 2,172 $362,100,000 $166,713 $3,998 3.43%
Conventional 1,239 $114,485,000 $92,401 $3,336 8.58%
VA 403 $76,645,000 $190,186 $3,213 3.39%

For the 2020 period, Southwest Stage Funding 's most frequently originated loan type of loans were FHA, with 2,172 originations. Their 2nd most popular type is Conventional, with 1,239 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,301 $300,815,000 $130,732 $3,569 6.38%
Refi 1,494 $249,160,000 $166,774 $3,818 3.13%
Cash Out Refi 19 $3,255,000 $171,316 $10,175 3.82%

For the 2020, Southwest Stage Funding 's most frequently cited loan purpose of loans were Home Purchase, with 2,301 originations. The 2nd most popular reason of loans were Refi, with 1,494 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 1,446 $152,350,000 $105,360 $3,455 7.61%
30 Year 1,307 $224,535,000 $171,794 $3,847 3.30%
30+ year 855 $149,685,000 $175,070 $3,940 3.80%
20 Year 177 $24,565,000 $138,785 $3,637 3.67%
15 Year 29 $2,095,000 $72,241 $2,595 7.57%

For the 2020, Southwest Stage Funding 's most frequently cited loan length of loans were Other, with 1,446 originations. The 2nd most popular length of loans were 30 Year, with 1,307 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,390 $394,150,000 $164,916
$2k-3k 720 $65,250,000 $90,625
$3k-4k 371 $50,775,000 $136,860
$1k-2k 278 $31,390,000 $112,914
$5k+ 55 $11,665,000 $212,091

$3,847 of loans were Southwest Stage Funding 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,390 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,588 $277,080,000 $174,484
Over 8% 903 $80,255,000 $88,876
2.5-3% 721 $118,365,000 $164,168
4-5% 243 $39,805,000 $163,807
7-8% 238 $24,820,000 $104,286
6-7% 98 $9,470,000 $96,633
5-6% 23 $3,435,000 $149,348

During 2020, Southwest Stage Funding 's average interest rate of loans were 3.30%, while their most frequently originated rate bucket of loans were 3-4%, with 1,588 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 2,243 $327,545,000 $146,030 $3,793 4.35%
$100,000 or less 940 $68,530,000 $72,904 $2,570 7.91%
$200k-400k 622 $152,800,000 $245,659 $5,031 3.54%
$400k-600k 9 $4,355,000 $483,889 $6,499 3.63%

2020 saw Southwest Stage Funding place emphasis on $100k-200k loans with 2,243 originations, totaling $327,545,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 2,480 $352,500,000 $142,137 $3,506 4.48%
$50k-75k 830 $113,400,000 $136,627 $3,661 6.36%
$75k-100k 311 $50,775,000 $163,264 $4,264 6.23%
$100k-150k 159 $29,415,000 $185,000 $5,355 5.89%
$150k-250k 28 $5,960,000 $212,857 $5,875 5.53%
$250k+ 4 $770,000 $192,500 $6,088 6.10%

Southwest Stage Funding lent most frequently to those with incomes in the $50k or less range, with 2,480 originations. The second most popular income band? $50k-75k, with 830 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 387 $45,105,000 $116,550 $3,663 6.92%
50-60% 334 $60,210,000 $180,269 $4,073 3.79%
20-30% 282 $30,610,000 $108,546 $3,448 6.77%
42% 125 $14,995,000 $119,960 $3,680 7.31%
41% 115 $14,135,000 $122,913 $3,646 7.17%
49% 110 $15,130,000 $137,545 $3,811 6.83%
39% 99 $12,975,000 $131,061 $3,540 6.56%
48% 94 $13,560,000 $144,255 $3,801 5.87%
40% 91 $10,765,000 $118,297 $3,386 7.36%
46% 89 $11,455,000 $128,708 $3,792 6.57%
43% 89 $11,755,000 $132,079 $3,611 5.94%
37% 88 $10,630,000 $120,795 $3,298 6.94%
47% 86 $12,230,000 $142,209 $4,153 6.25%
38% 83 $9,725,000 $117,169 $3,311 7.32%
36% 80 $9,100,000 $113,750 $3,145 7.10%
44% 73 $10,035,000 $137,466 $3,571 6.20%
45% 70 $9,760,000 $139,429 $3,841 6.15%
<20% 43 $4,335,000 $100,814 $2,741 6.61%

Southwest Stage Funding lent most frequently to those with DTI ratios of 30-36%, with 387 originations. The next most common DTI ratio? 50-60%, with 334 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,734 $404,210,000 $147,846 $3,733 4.91%
Not provided 683 $98,195,000 $143,770 $3,836 5.35%
Black 327 $40,705,000 $124,480 $3,133 6.29%
American Indian 51 $7,455,000 $146,176 $3,688 4.05%
Asian 14 $1,950,000 $139,286 $3,793 4.63%
Native Hawaiian 5 $715,000 $143,000 $3,620 3.45%

Approval Rates

Total approvals of all applications
87.68%

Southwest Stage Funding has an average approval rate.

Pick Rate

Approvals leading to origination
-67.48%

Southwest Stage Funding has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 3,814 $553,230,000 $145,052

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 3,116 $412,170,000 $132,275
Single Family (1-4 Units):Site-Built 698 $141,060,000 $202,092

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 5 $335,000 $67,000 $2,709 4.30%
40-60% 30 $3,590,000 $119,667 $4,253 4.34%
60-80% 245 $34,175,000 $139,490 $3,828 3.94%
80-100% 3,471 $507,675,000 $146,262 $3,682 5.14%
Over 100% 60 $7,010,000 $116,833 $4,016 7.60%