Southwest Stage Funding Mortgage Rates, Fees & Info

SCOTTSDALE, AZ

LEI: 549300249G20MDIDRR27

Tax ID: 52-2321476

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Mortgage Data

Review & Overview

Southwest Stage Funding is a smaller mortgage company specializing in Home Purchase loans. Southwest Stage Funding has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: San Antonio, Austin, Houston, Dallas, and Jacksonville among others. We have data for 366 markets. (Some data included below & more in-depth data is available with an active subscription.)

Southwest Stage Funding has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Southwest Stage Funding is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 8.26% 4/28/24
30 Year Conventional Refi 7.17% 4/28/24
30 Year FHA Purchase 7.63% 4/28/24
30 Year FHA Refi 7.38% 4/28/24
30 Year VA Purchase 6.55% 4/28/24
30 Year VA Refi 6.73% 4/28/24
15 Year Conventional Purchase 8.91% 4/28/24
15 Year Conventional Refi 6.73% 4/28/24
15 Year Cash-out Refi 6.73% 4/28/24
15 Year FHA Refi 7.48% 4/28/24
15 Year VA Purchase 7.65% 4/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Southwest Stage Funding Mortgage Calculator






Your Estimates

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This is not an official calculator from Southwest Stage Funding. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,136

Origination Dollar Volume (All Markets)

$241,620,000
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Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 391 $44,175,000 $112,980 $3,372 7.49%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 130 $17,120,000 $131,692 $4,147 7.62%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 82 $10,850,000 $132,317 $4,242 7.28%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 62 $6,590,000 $106,290 $3,531 8.63%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 49 $5,645,000 $115,204 $4,318 8.08%
JACKSONVILLE, FL (FHA|USDA|VA) 33 $4,335,000 $131,364 $3,865 6.37%
TALLAHASSEE, FL (FHA|USDA|VA) 26 $3,100,000 $119,231 $4,183 6.40%
MIDLAND, TX (FHA|USDA|VA) 25 $2,795,000 $111,800 $4,374 9.22%
OKLAHOMA CITY, OK (FHA|USDA|VA) 19 $2,575,000 $135,526 $4,131 7.01%
LAFAYETTE, LA (FHA|USDA|VA) 26 $2,560,000 $98,462 $3,217 7.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 19 $2,525,000 $132,895 $1,515 7.14%
TULSA, OK (FHA|USDA|VA) 20 $2,320,000 $116,000 $3,173 7.42%
ODESSA, TX (FHA|USDA|VA) 21 $2,175,000 $103,571 $4,026 9.44%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 19 $2,115,000 $111,316 $2,861 7.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 13 $2,065,000 $158,846 $4,270 6.85%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 18 $1,800,000 $100,000 $1,813 7.31%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 12 $1,730,000 $144,167 $6,127 5.62%
OCALA, FL (FHA|USDA|VA) 14 $1,650,000 $117,857 $3,576 6.16%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 18 $1,650,000 $91,667 $2,905 7.83%
ABILENE, TX (FHA|USDA|VA) 15 $1,645,000 $109,667 $4,317 9.50%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 45 $1,645,000 $36,556 $1,831 9.49%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 14 $1,630,000 $116,429 $3,704 7.13%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 13 $1,625,000 $125,000 $4,322 8.59%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 12 $1,600,000 $133,333 $3,349 5.65%
SHERMAN-DENISON, TX (FHA|USDA|VA) 13 $1,595,000 $122,692 $3,325 6.17%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $1,545,000 $171,667 $5,781 5.74%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $1,490,000 $248,333 $5,594 4.87%
WACO, TX (FHA|USDA|VA) 11 $1,485,000 $135,000 $3,937 6.32%
PANAMA CITY, FL (FHA|USDA|VA) 12 $1,460,000 $121,667 $3,271 6.63%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 12 $1,420,000 $118,333 $3,208 6.21%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 8 $1,400,000 $175,000 $4,824 4.81%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 9 $1,375,000 $152,778 $3,512 5.19%
SPARTANBURG, SC (FHA|USDA|VA) 11 $1,295,000 $117,727 $2,402 5.96%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 8 $1,250,000 $156,250 $3,638 4.78%
BATON ROUGE, LA (FHA|USDA|VA) 14 $1,240,000 $88,571 $3,361 9.09%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 11 $1,235,000 $112,273 $3,183 6.08%
TUCSON, AZ (FHA|USDA|VA) 8 $1,200,000 $150,000 $2,912 4.59%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 11 $1,195,000 $108,636 $2,778 6.44%
HATTIESBURG, MS (FHA|USDA|VA) 12 $1,150,000 $95,833 $2,909 8.62%
LONGVIEW, TX (FHA|USDA|VA) 10 $1,140,000 $114,000 $4,642 6.61%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $1,125,000 $125,000 $3,441 6.04%
Opelousas, LA (FHA|USDA|VA) 11 $1,105,000 $100,455 $3,924 8.54%
Athens, TX (FHA|USDA|VA) 10 $1,100,000 $110,000 $4,580 7.13%
Corsicana, TX (FHA|USDA|VA) 10 $1,090,000 $109,000 $3,287 7.50%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 11 $1,075,000 $97,727 $2,924 7.33%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 10 $1,030,000 $103,000 $3,283 6.04%
Bonham, TX (FHA|USDA|VA) 6 $1,020,000 $170,000 $4,804 6.04%
JOHNSON CITY, TN (FHA|USDA|VA) 7 $975,000 $139,286 $3,086 5.52%
FLORENCE, SC (FHA|USDA|VA) 10 $960,000 $96,000 $1,813 7.60%
VICTORIA, TX (FHA|USDA|VA) 11 $945,000 $85,909 $3,396 8.58%
JACKSON, MS (FHA|USDA|VA) 8 $930,000 $116,250 $3,161 7.43%
WENATCHEE, WA (FHA|USDA|VA) 4 $910,000 $227,500 $5,876 5.55%
Beeville, TX (FHA|USDA|VA) 6 $900,000 $150,000 $5,866 7.90%
KNOXVILLE, TN (FHA|USDA|VA) 7 $895,000 $127,857 $3,361 5.91%
MORRISTOWN, TN (FHA|USDA|VA) 6 $890,000 $148,333 $3,446 5.45%
HINESVILLE, GA (FHA|USDA|VA) 7 $885,000 $126,429 $2,745 6.11%
TYLER, TX (FHA|USDA|VA) 7 $825,000 $117,857 $3,240 8.26%
COLUMBIA, SC (FHA|USDA|VA) 7 $795,000 $113,571 $1,924 6.99%
Carlsbad-Artesia, NM (FHA|USDA|VA) 5 $785,000 $157,000 $3,533 7.18%
Kerrville, TX (FHA|USDA|VA) 6 $780,000 $130,000 $4,033 7.73%
Tupelo, MS (FHA|USDA|VA) 8 $770,000 $96,250 $3,863 8.19%
Statesboro, GA (FHA|USDA|VA) 5 $765,000 $153,000 $2,954 4.94%
CORPUS CHRISTI, TX (FHA|USDA|VA) 10 $760,000 $76,000 $2,927 9.45%
Talladega-Sylacauga, AL (FHA|USDA|VA) 9 $755,000 $83,889 $2,804 8.34%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 7 $755,000 $107,857 $3,143 6.69%
Laurel, MS (FHA|USDA|VA) 7 $755,000 $107,857 $4,872 8.22%
Alexander City, AL (FHA|USDA|VA) 8 $750,000 $93,750 $2,990 8.10%
LAKE CHARLES, LA (FHA|USDA|VA) 7 $745,000 $106,429 $4,350 9.31%
Huntsville, TX (FHA|USDA|VA) 7 $735,000 $105,000 $3,461 8.90%
CARBONDALE-MARION, IL (FHA|USDA|VA) 5 $725,000 $145,000 $3,156 5.75%
Gaffney, SC (FHA|USDA|VA) 5 $705,000 $141,000 $2,443 5.74%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 6 $690,000 $115,000 $3,824 6.62%
Jacksonville, TX (FHA|USDA|VA) 6 $690,000 $115,000 $2,773 7.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9 $685,000 $76,111 $2,323 7.74%
HAMMOND, LA (FHA|USDA|VA) 6 $680,000 $113,333 $2,597 7.11%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $675,000 $225,000 $4,061 4.66%
EspaƱola, NM (FHA|USDA|VA) 4 $670,000 $167,500 $4,106 5.53%
Las Vegas, NM (FHA|USDA|VA) 4 $660,000 $165,000 $3,535 5.94%
MOBILE, AL (FHA|USDA|VA) 7 $645,000 $92,143 $3,368 7.88%
Palatka, FL (FHA|USDA|VA) 6 $640,000 $106,667 $3,247 7.02%
EVANSVILLE, IN-KY (FHA|USDA|VA) 5 $635,000 $127,000 $3,342 7.69%
LAREDO, TX (FHA|USDA|VA) 8 $630,000 $78,750 $3,168 9.62%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $630,000 $105,000 $1,909 6.86%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $610,000 $152,500 $3,459 4.62%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 6 $610,000 $101,667 $1,775 6.49%
Crossville, TN (FHA|USDA|VA) 4 $600,000 $150,000 $2,514 4.56%
LOUISVILLE, KY (FHA|USDA|VA) 8 $570,000 $71,250 $2,032 7.76%
Brookhaven, MS (FHA|USDA|VA) 7 $565,000 $80,714 $3,286 8.26%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $560,000 $280,000 $6,387 4.50%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 4 $550,000 $137,500 $2,844 4.38%
Show Low, AZ (FHA|USDA|VA) 3 $535,000 $178,333 $4,013 4.66%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 7 $535,000 $76,429 $515 9.41%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $530,000 $265,000 $9,984 5.13%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 7 $525,000 $75,000 $3,076 7.32%
WICHITA, KS (FHA|USDA|VA) 4 $510,000 $127,500 $3,849 5.93%
Laurinburg, NC (FHA|USDA|VA) 6 $510,000 $85,000 $3,000 9.55%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $480,000 $120,000 $2,470 6.01%
MORGANTOWN, WV (FHA|USDA|VA) 4 $480,000 $120,000 $2,667 5.56%
Alice, TX (FHA|USDA|VA) 6 $480,000 $80,000 $3,621 9.36%
Dublin, GA (FHA|USDA|VA) 5 $475,000 $95,000 $3,619 8.60%
SAVANNAH, GA (FHA|USDA|VA) 4 $470,000 $117,500 $2,308 7.48%
Lufkin, TX (FHA|USDA|VA) 4 $470,000 $117,500 $4,374 8.56%
PUEBLO, CO (FHA|USDA|VA) 2 $460,000 $230,000 $1,583 4.75%
COLUMBUS, OH (FHA|USDA|VA) 6 $450,000 $75,000 $2,566 7.91%
CHICO, CA (FHA|USDA|VA) 2 $450,000 $225,000 $9,930 5.00%
Durant, OK (FHA|USDA|VA) 5 $445,000 $89,000 $3,480 7.81%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 5 $445,000 $89,000 $4,458 7.59%
Brownwood, TX (FHA|USDA|VA) 5 $445,000 $89,000 $5,021 9.51%
Lumberton, NC (FHA|USDA|VA) 6 $440,000 $73,333 $3,011 8.64%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 9 $435,000 $48,333 $1,845 8.96%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 4 $430,000 $107,500 $2,665 7.10%
Glasgow, KY (FHA|USDA|VA) 3 $425,000 $141,667 $4,116 7.77%
Shawnee, OK (FHA|USDA|VA) 5 $425,000 $85,000 $3,198 9.65%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 4 $420,000 $105,000 $2,064 7.49%
Granbury, TX (FHA|USDA|VA) 4 $420,000 $105,000 $4,435 7.66%
Malvern, AR (FHA|USDA|VA) 4 $410,000 $102,500 $4,010 6.49%
DOTHAN, AL (FHA|USDA|VA) 2 $410,000 $205,000 $1,427 4.75%
OWENSBORO, KY (FHA|USDA|VA) 3 $405,000 $135,000 $3,970 4.75%
LYNCHBURG, VA (FHA|USDA|VA) 3 $405,000 $135,000 $2,636 6.13%
PINE BLUFF, AR (FHA|USDA|VA) 5 $405,000 $81,000 $4,051 8.27%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 5 $405,000 $81,000 $3,360 8.39%
Pearsall, TX (FHA|USDA|VA) 3 $395,000 $131,667 $3,413 8.05%
Bardstown, KY (FHA|USDA|VA) 3 $385,000 $128,333 $2,332 6.16%
CHEYENNE, WY (FHA|USDA|VA) 2 $380,000 $190,000 $4,693 4.50%
Salem, OH (FHA|USDA|VA) 2 $380,000 $190,000 $4,275 4.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $375,000 $125,000 $2,565 6.25%
Cullman, AL (FHA|USDA|VA) 3 $365,000 $121,667 $4,177 8.01%
FORT WAYNE, IN (FHA|USDA|VA) 1 $365,000 $365,000 $12,090 4.75%
Washington, NC (FHA|USDA|VA) 3 $365,000 $121,667 $1,901 6.00%
PITTSBURGH, PA (FHA|USDA|VA) 4 $360,000 $90,000 $4,679 7.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 5 $355,000 $71,000 $3,306 10.01%
SANTA FE, NM (FHA|USDA|VA) 2 $350,000 $175,000 $4,176 7.00%
HOT SPRINGS, AR (FHA|USDA|VA) 4 $350,000 $87,500 $3,157 7.05%
LAS CRUCES, NM (FHA|USDA|VA) 3 $345,000 $115,000 $2,439 7.95%
JONESBORO, AR (FHA|USDA|VA) 3 $335,000 $111,667 $4,695 5.91%
ASHEVILLE, NC (FHA|USDA|VA) 3 $335,000 $111,667 $2,708 6.56%
BOISE CITY, ID (FHA|USDA|VA) 2 $330,000 $165,000 $3,502 4.18%
Nacogdoches, TX (FHA|USDA|VA) 3 $325,000 $108,333 $4,921 9.69%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $320,000 $80,000 $3,083 7.87%
Greeneville, TN (FHA|USDA|VA) 3 $315,000 $105,000 $2,804 6.46%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $315,000 $315,000 $6,551 4.25%
Sevierville, TN (FHA|USDA|VA) 2 $310,000 $155,000 $2,952 4.50%
GAINESVILLE, FL (FHA|USDA|VA) 2 $310,000 $155,000 $2,436 4.62%
Lawrenceburg, TN (FHA|USDA|VA) 2 $300,000 $150,000 $3,140 4.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $295,000 $98,333 $3,310 7.71%
The Dalles, OR (FHA|USDA|VA) 1 $295,000 $295,000 $5,602 4.75%
MEDFORD, OR (FHA|USDA|VA) 1 $295,000 $295,000 $5,139 4.99%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $295,000 $295,000 $5,154 5.50%
ALEXANDRIA, LA (FHA|USDA|VA) 2 $290,000 $145,000 $7,231 4.75%
Meridian, MS (FHA|USDA|VA) 2 $290,000 $145,000 $5,701 7.35%
Palestine, TX (FHA|USDA|VA) 4 $290,000 $72,500 $2,774 9.34%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $290,000 $72,500 $2,747 9.45%
Minot, ND (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.49%
Gallup, NM (FHA|USDA|VA) 3 $285,000 $95,000 $3,275 7.41%
Jasper, AL (FHA|USDA|VA) 3 $285,000 $95,000 $2,660 9.06%
BRUNSWICK, GA (FHA|USDA|VA) 3 $285,000 $95,000 $2,755 6.41%
Bennettsville, SC (FHA|USDA|VA) 4 $280,000 $70,000 $866 9.07%
Jesup, GA (FHA|USDA|VA) 2 $280,000 $140,000 $4,155 7.55%
Newport, TN (FHA|USDA|VA) 2 $280,000 $140,000 $4,806 6.62%
Payson, AZ (FHA|USDA|VA) 2 $280,000 $140,000 $4,391 4.38%
Bogalusa, LA (FHA|USDA|VA) 3 $275,000 $91,667 $2,522 6.32%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $275,000 $91,667 $2,595 9.61%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $275,000 $275,000 $4,794 4.25%
ROANOKE, VA (FHA|USDA|VA) 2 $270,000 $135,000 $1,367 4.87%
WILMINGTON, NC (FHA|USDA|VA) 3 $265,000 $88,333 $1,792 4.75%
Central City, KY (FHA|USDA|VA) 2 $260,000 $130,000 $5,041 9.54%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $255,000 $255,000 $4,478 5.25%
Newport, OR (FHA|USDA|VA) 1 $255,000 $255,000 $4,882 4.75%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $255,000 $255,000 $4,342 4.75%
Marietta, OH (FHA|USDA|VA) 1 $255,000 $255,000 $4,614 4.99%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $255,000 $85,000 $3,542 9.53%
Sweetwater, TX (FHA|USDA|VA) 2 $250,000 $125,000 $5,985 9.34%
Chillicothe, OH (FHA|USDA|VA) 1 $245,000 $245,000 $5,181 4.49%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $245,000 $81,667 $2,572 9.23%
AMARILLO, TX (FHA|USDA|VA) 3 $245,000 $81,667 $3,353 8.86%
GREENVILLE, NC (FHA|USDA|VA) 2 $240,000 $120,000 $3,096 7.12%
DECATUR, AL (FHA|USDA|VA) 2 $240,000 $120,000 $3,722 6.62%
Hobbs, NM (FHA|USDA|VA) 2 $240,000 $120,000 $3,232 9.27%
Portsmouth, OH (FHA|USDA|VA) 2 $240,000 $120,000 $3,412 4.50%
DeRidder, LA (FHA|USDA|VA) 2 $240,000 $120,000 $2,752 9.21%
Mountain Home, ID (FHA|USDA|VA) 2 $240,000 $120,000 $3,394 4.87%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $230,000 $115,000 $2,057 5.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $230,000 $115,000 $3,221 7.10%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $230,000 $115,000 $3,846 4.50%
SAN ANGELO, TX (FHA|USDA|VA) 3 $225,000 $75,000 $2,689 10.06%
Fairfield, IA (FHA|USDA|VA) 1 $225,000 $225,000 $3,937 4.75%
AKRON, OH (FHA|USDA|VA) 5 $225,000 $45,000 $1,940 8.74%
Orangeburg, SC (FHA|USDA|VA) 2 $220,000 $110,000 $92 7.22%
Natchez, MS-LA (FHA|USDA|VA) 2 $220,000 $110,000 $5,036 9.72%
Snyder, TX (FHA|USDA|VA) 2 $220,000 $110,000 $5,759 9.82%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $220,000 $110,000 $3,095 7.08%
Arkadelphia, AR (FHA|USDA|VA) 2 $220,000 $110,000 $3,413 7.22%
BILLINGS, MT (FHA|USDA|VA) 1 $215,000 $215,000 $3,749 4.25%
Helena, MT (FHA|USDA|VA) 1 $215,000 $215,000 $3,725 4.25%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $210,000 $105,000 $2,857 6.98%
Big Spring, TX (FHA|USDA|VA) 2 $210,000 $105,000 $5,034 9.31%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.49%
Wilson, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,509 4.75%
Roswell, NM (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.99%
Minden, LA (FHA|USDA|VA) 2 $200,000 $100,000 $4,205 9.90%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $195,000 $195,000 $4,653 4.49%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,410 4.99%
BANGOR, ME (FHA|USDA|VA) 1 $195,000 $195,000 $4,023 4.25%
Jennings, LA (FHA|USDA|VA) 3 $195,000 $65,000 $2,976 9.49%
Lake City, FL (FHA|USDA|VA) 2 $190,000 $95,000 $2,912 6.87%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $190,000 $95,000 $2,070 7.60%
Russellville, AR (FHA|USDA|VA) 2 $190,000 $95,000 $3,652 7.35%
Wauchula, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,190 4.75%
Shelbyville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $3,867 4.75%
SALEM, OR (FHA|USDA|VA) 1 $185,000 $185,000 $7,975 8.23%
Pierre, SD (FHA|USDA|VA) 1 $185,000 $185,000 $3,392 4.25%
YUBA CITY, CA (FHA|USDA|VA) 1 $185,000 $185,000 $9,930 5.49%
FLINT, MI (FHA|USDA|VA) 7 $185,000 $26,429 $1,410 9.63%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $180,000 $90,000 $3,492 9.91%
Tifton, GA (FHA|USDA|VA) 2 $180,000 $90,000 $3,227 7.10%
Blytheville, AR (FHA|USDA|VA) 2 $180,000 $90,000 $4,475 9.47%
McAlester, OK (FHA|USDA|VA) 2 $180,000 $90,000 $2,610 7.35%
North Vernon, IN (FHA|USDA|VA) 2 $180,000 $90,000 $2,419 6.87%
Stillwater, OK (FHA|USDA|VA) 1 $175,000 $175,000 $4,664 4.75%
London, KY (FHA|USDA|VA) 3 $175,000 $58,333 $2,261 9.87%
GREELEY, CO (FHA|USDA|VA) 1 $175,000 $175,000 $9,730 5.49%
READING, PA (FHA|USDA|VA) 3 $175,000 $58,333 $2,139 8.99%
Port Lavaca, TX (FHA|USDA|VA) 2 $170,000 $85,000 $4,129 9.66%
BECKLEY, WV (FHA|USDA|VA) 2 $170,000 $85,000 $3,472 7.17%
Deming, NM (FHA|USDA|VA) 2 $170,000 $85,000 $3,836 7.16%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $165,000 $165,000 $5,854 4.25%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $165,000 $55,000 $3,299 8.14%
Ardmore, OK (FHA|USDA|VA) 1 $165,000 $165,000 $3,552 4.75%
Wapakoneta, OH (FHA|USDA|VA) 1 $165,000 $165,000 $4,284 5.25%
Safford, AZ (FHA|USDA|VA) 1 $165,000 $165,000 $3,654 4.25%
Henderson, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,878 4.75%
Calhoun, GA (FHA|USDA|VA) 2 $160,000 $80,000 $2,479 9.47%
Georgetown, SC (FHA|USDA|VA) 1 $155,000 $155,000 $6,776 8.73%
Athens, TN (FHA|USDA|VA) 1 $155,000 $155,000 $3,524 4.49%
Tahlequah, OK (FHA|USDA|VA) 2 $150,000 $75,000 $2,979 10.20%
MONROE, LA (FHA|USDA|VA) 2 $150,000 $75,000 $3,141 9.14%
Bay City, TX (FHA|USDA|VA) 2 $150,000 $75,000 $3,278 9.45%
Elkins, WV (FHA|USDA|VA) 2 $150,000 $75,000 $3,186 9.35%
Gainesville, TX (FHA|USDA|VA) 2 $150,000 $75,000 $1,763 8.62%
Columbus, MS (FHA|USDA|VA) 2 $150,000 $75,000 $3,157 9.95%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $150,000 $75,000 $2,549 7.28%
Indiana, PA (FHA|USDA|VA) 2 $150,000 $75,000 $3,812 8.74%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,556 4.75%
Jasper, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,417 5.25%
Mount Vernon, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,401 4.25%
COLUMBIA, MO (FHA|USDA|VA) 1 $145,000 $145,000 $2,411 4.75%
Paris, TN (FHA|USDA|VA) 1 $145,000 $145,000 $2,499 5.75%
Astoria, OR (FHA|USDA|VA) 1 $145,000 $145,000 $4,411 4.25%
Americus, GA (FHA|USDA|VA) 1 $145,000 $145,000 $2,712 5.25%
Greenwood, SC (FHA|USDA|VA) 2 $140,000 $70,000 $165 9.11%
TEXARKANA, TX-AR (FHA|USDA|VA) 2 $140,000 $70,000 $2,696 9.49%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $140,000 $70,000 $3,210 9.24%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $140,000 $70,000 $2,544 9.83%
Fairmont, WV (FHA|USDA|VA) 1 $135,000 $135,000 $6,366 9.69%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,790 4.75%
Jacksonville, IL (FHA|USDA|VA) 1 $135,000 $135,000 $3,558 4.25%
Frankfort, KY (FHA|USDA|VA) 1 $135,000 $135,000 $2,370 5.13%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,388 4.75%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $135,000 $135,000 $2,297 4.99%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $135,000 $135,000 $2,269 4.75%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $130,000 $65,000 $3,434 7.03%
MODESTO, CA (FHA|USDA|VA) 1 $125,000 $125,000 $4,122 4.99%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $8,000 4.75%
Taos, NM (FHA|USDA|VA) 1 $125,000 $125,000 $3,976 9.45%
Lewistown, PA (FHA|USDA|VA) 1 $125,000 $125,000 $9,744 4.25%
MONTGOMERY, AL (FHA|USDA|VA) 3 $125,000 $41,667 $1,716 9.49%
Fredericksburg, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,658 9.95%
Duncan, OK (FHA|USDA|VA) 1 $125,000 $125,000 $2,714 8.24%
Mineral Wells, TX (FHA|USDA|VA) 1 $125,000 $125,000 $8,593 5.50%
Mount Vernon, IL (FHA|USDA|VA) 1 $125,000 $125,000 $5,421 8.23%
McComb, MS (FHA|USDA|VA) 1 $125,000 $125,000 $2,668 8.99%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $120,000 $60,000 $2,411 10.35%
Oxford, MS (FHA|USDA|VA) 2 $120,000 $60,000 $2,882 9.12%
Fort Payne, AL (FHA|USDA|VA) 2 $120,000 $60,000 $2,927 9.95%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $115,000 $38,333 $1,880 9.49%
Coos Bay, OR (FHA|USDA|VA) 1 $115,000 $115,000 $4,475 4.75%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $115,000 $115,000 $4,449 8.23%
Okeechobee, FL (FHA|USDA|VA) 1 $115,000 $115,000 $1,984 4.75%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $110,000 $55,000 $2,136 9.87%
Vidalia, GA (FHA|USDA|VA) 2 $110,000 $55,000 $2,637 9.42%
EL PASO, TX (FHA|USDA|VA) 2 $110,000 $55,000 $2,748 9.41%
CHARLESTON, WV (FHA|USDA|VA) 2 $110,000 $55,000 $2,848 9.60%
VALDOSTA, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,334 9.95%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $105,000 $105,000 $4,786 4.25%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,101 4.25%
TOLEDO, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.99%
Williston, ND (FHA|USDA|VA) 1 $105,000 $105,000 $4,023 9.23%
LUBBOCK, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,057 8.99%
GOLDSBORO, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,057 8.99%
Bellefontaine, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.49%
MANSFIELD, OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,736 4.99%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.99%
Moultrie, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,176 9.95%
Seneca, SC (FHA|USDA|VA) 1 $105,000 $105,000 $2,762 4.75%
West Point, MS (FHA|USDA|VA) 2 $100,000 $50,000 $2,553 9.93%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $95,000 $95,000 $2,744 4.75%
Ontario, OR-ID (FHA|USDA|VA) 1 $95,000 $95,000 $3,059 8.99%
Paris, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,002 8.24%
Clarksburg, WV (FHA|USDA|VA) 1 $95,000 $95,000 $4,756 9.95%
PEORIA, IL (FHA|USDA|VA) 1 $95,000 $95,000 $8,448 4.75%
Corinth, MS (FHA|USDA|VA) 1 $95,000 $95,000 $3,115 8.99%
Winfield, KS (FHA|USDA|VA) 1 $95,000 $95,000 $2,603 4.75%
Brenham, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,057 8.99%
Bluefield, WV-VA (FHA|USDA|VA) 1 $95,000 $95,000 $3,134 9.95%
Searcy, AR (FHA|USDA|VA) 1 $95,000 $95,000 $1,587 5.49%
Lincoln, IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,002 8.99%
Grenada, MS (FHA|USDA|VA) 1 $85,000 $85,000 $4,967 10.10%
McPherson, KS (FHA|USDA|VA) 1 $85,000 $85,000 $2,720 9.90%
Big Stone Gap, VA (FHA|USDA|VA) 1 $85,000 $85,000 $3,077 8.49%
Lamesa, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,257 7.99%
El Dorado, AR (FHA|USDA|VA) 1 $85,000 $85,000 $3,690 4.75%
BEND, OR (FHA|USDA|VA) 1 $85,000 $85,000 $3,768 5.49%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $85,000 $85,000 $3,286 8.99%
Newberry, SC (FHA|USDA|VA) 1 $85,000 $85,000 $209 7.99%
Mount Gay-Shamrock, WV (FHA|USDA|VA) 1 $85,000 $85,000 $3,042 9.95%
Outside of Metro Areas 1 $85,000 $85,000 $1,905 8.99%
JACKSON, TN (FHA|USDA|VA) 1 $85,000 $85,000 $2,776 4.99%
Bartlesville, OK (FHA|USDA|VA) 1 $85,000 $85,000 $3,053 8.99%
Summerville, GA (FHA|USDA|VA) 1 $85,000 $85,000 $2,569 9.95%
Mount Pleasant, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,057 9.95%
Danville, VA (FHA|USDA|VA) 1 $75,000 $75,000 $4,587 4.99%
Ozark, AL (FHA|USDA|VA) 1 $75,000 $75,000 $2,109 4.99%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $75,000 $75,000 $3,143 9.95%
CLEVELAND, TN (FHA|USDA|VA) 1 $75,000 $75,000 $1,349 5.25%
MONROE, MI (FHA|USDA|VA) 1 $75,000 $75,000 $3,015 9.75%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $75,000 $75,000 $1,983 5.25%
Rockport, TX (FHA|USDA|VA) 1 $75,000 $75,000 $3,057 9.49%
Branson, MO (FHA|USDA|VA) 1 $75,000 $75,000 $1,325 10.45%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $75,000 $75,000 $3,303 8.19%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $75,000 $75,000 $1,814 5.25%
Lock Haven, PA (FHA|USDA|VA) 1 $75,000 $75,000 $2,439 10.00%
Thomasville, GA (FHA|USDA|VA) 1 $75,000 $75,000 $3,327 9.95%
Uvalde, TX (FHA|USDA|VA) 1 $75,000 $75,000 $1,652 8.99%
Albemarle, NC (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.75%
Guymon, OK (FHA|USDA|VA) 1 $75,000 $75,000 $3,118 9.95%
Woodward, OK (FHA|USDA|VA) 1 $75,000 $75,000 $3,036 10.45%
YAKIMA, WA (FHA|USDA|VA) 1 $75,000 $75,000 $252 7.99%
Oil City, PA (FHA|USDA|VA) 1 $75,000 $75,000 $1,757 8.99%
Greenwood, MS (FHA|USDA|VA) 1 $65,000 $65,000 $2,021 4.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $65,000 $65,000 $2,021 9.75%
Dumas, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,311 9.95%
ROME, GA (FHA|USDA|VA) 1 $65,000 $65,000 $6,072 4.75%
Forest City, NC (FHA|USDA|VA) 1 $65,000 $65,000 $3,077 10.45%
Jackson, OH (FHA|USDA|VA) 1 $55,000 $55,000 $2,595 10.40%
Kingsville, TX (FHA|USDA|VA) 1 $55,000 $55,000 $2,782 9.81%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $55,000 $55,000 $1,208 9.49%
Mayfield, KY (FHA|USDA|VA) 1 $55,000 $55,000 $2,921 9.74%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $55,000 $55,000 $2,874 10.40%
Richmond-Berea, KY (FHA|USDA|VA) 1 $55,000 $55,000 $2,322 8.86%
Alamogordo, NM (FHA|USDA|VA) 1 $55,000 $55,000 $2,811 8.81%
Cedartown, GA (FHA|USDA|VA) 1 $55,000 $55,000 $3,056 8.99%
Douglas, GA (FHA|USDA|VA) 1 $55,000 $55,000 $2,882 9.95%
Centralia, IL (FHA|USDA|VA) 1 $55,000 $55,000 $2,967 9.86%
Del Rio, TX (FHA|USDA|VA) 1 $55,000 $55,000 $1,200 9.49%
Ashtabula, OH (FHA|USDA|VA) 1 $55,000 $55,000 $2,889 4.75%
Grants, NM (FHA|USDA|VA) 1 $55,000 $55,000 $1,236 8.99%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $55,000 $55,000 $1,353 8.49%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $55,000 $55,000 $2,566 7.99%
FARMINGTON, NM (FHA|USDA|VA) 1 $55,000 $55,000 $2,909 9.40%
LANCASTER, PA (FHA|USDA|VA) 1 $55,000 $55,000 $3,036 10.45%
Batesville, AR (FHA|USDA|VA) 1 $55,000 $55,000 $2,710 9.79%
Stephenville, TX (FHA|USDA|VA) 1 $45,000 $45,000 $2,117 9.99%
Athens, OH (FHA|USDA|VA) 1 $45,000 $45,000 $2,104 9.24%
Scottsburg, IN (FHA|USDA|VA) 1 $35,000 $35,000 $1,722 9.49%
Adrian, MI (FHA|USDA|VA) 1 $35,000 $35,000 $1,547 9.49%
Wooster, OH (FHA|USDA|VA) 1 $35,000 $35,000 $1,803 9.49%
Southwest Stage Funding's top markets include San Antonio, Austin, Houston, Dallas, and Jacksonville among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,239 $103,185,000 $83,281 $3,200 9.46%
    FHA 781 $119,395,000 $152,875 $3,918 4.74%
    VA 116 $19,040,000 $164,138 $2,937 4.72%

    For 2018, Southwest Stage Funding's most frequently originated type of loan was Conventional, with 1,239 originations. Their 2nd most popular type was FHA, with 781 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,097 $236,875,000 $112,959 $3,375 7.53%
    Refi 38 $4,600,000 $121,053 $7,533 4.71%
    Cash Out Refi 1 $145,000 $145,000 $8,490 5.25%

    For 2018, Southwest Stage Funding's most frequently cited loan purpose was Home Purchase, with 2,097 originations. The 2nd most popular reason was Refi, with 38 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 904 $88,480,000 $97,876 $3,469 9.19%
    30 Year 851 $131,395,000 $154,401 $3,883 4.75%
    20 Year 308 $19,070,000 $61,916 $2,607 9.57%
    15 Year 63 $2,355,000 $37,381 $1,856 9.26%
    10 Year 10 $320,000 $32,000 $1,694 9.49%

    For 2018, Southwest Stage Funding's most frequently cited loan duration was Other, with 904 originations. The 2nd most popular length was 30 Year, with 851 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 791 $116,615,000 $147,427
    $2k-3k 566 $44,710,000 $78,993
    $3k-4k 348 $36,400,000 $104,598
    $1k-2k 293 $22,715,000 $77,526
    $4k-5k 76 $10,660,000 $140,263
    $5k+ 42 $7,700,000 $183,333

    Southwest Stage Funding's average total fees were $3,883, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 791 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 1,192 $98,010,000 $82,223
    4-5% 744 $116,040,000 $155,968
    5-6% 143 $21,115,000 $147,657
    7-8% 47 $5,175,000 $110,106
    6-7% 7 $695,000 $99,286
    3-4% 3 $585,000 $195,000

    During 2018, Southwest Stage Funding's average interest rate for loans was 4.75%, while their most frequently originated rate bucket for loans was Over 8%, with 1,192 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,061 $73,465,000 $69,241 $2,757 8.92%
    $100k-200k 911 $127,635,000 $140,104 $3,932 6.26%
    $200k-400k 164 $40,520,000 $247,073 $5,358 4.93%

    2018 saw Southwest Stage Funding place emphasis on $100,000 or less loans with 1,061 originations, totaling $73,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 899 $83,405,000 $92,775 $2,933 7.44%
    $50k-75k 757 $89,475,000 $118,197 $3,527 7.53%
    $75k-100k 294 $42,200,000 $143,537 $4,353 7.31%
    $100k-150k 162 $23,630,000 $145,864 $4,264 7.57%
    $150k-250k 22 $2,660,000 $120,909 $4,186 8.66%
    $250k+ 2 $250,000 $125,000 $2,620 7.10%

    Southwest Stage Funding lent most frequently to those with incomes in the $50k or less range, with 899 originations. The second most popular income band? $50k-75k, with 757 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 368 $38,180,000 $103,750 $3,341 7.88%
    50-60% 287 $48,605,000 $169,355 $3,955 4.75%
    20-30% 287 $26,245,000 $91,446 $3,036 8.20%
    42% 124 $13,050,000 $105,242 $3,585 8.44%
    41% 115 $12,385,000 $107,696 $3,407 8.04%
    40% 95 $10,085,000 $106,158 $3,447 8.28%
    49% 95 $9,945,000 $104,684 $3,325 8.13%
    39% 92 $9,730,000 $105,761 $3,388 8.07%
    48% 80 $8,790,000 $109,875 $3,622 7.57%
    46% 77 $9,585,000 $124,481 $3,685 7.42%
    47% 77 $8,235,000 $106,948 $3,419 7.36%
    38% 76 $7,250,000 $95,395 $3,176 8.34%
    36% 70 $7,670,000 $109,571 $3,637 7.85%
    37% 67 $6,675,000 $99,627 $3,240 7.81%
    44% 60 $6,780,000 $113,000 $3,594 7.58%
    43% 57 $6,965,000 $122,193 $4,009 6.70%
    45% 54 $6,630,000 $122,778 $3,511 7.05%
    <20% 49 $3,915,000 $79,898 $3,020 7.92%
    >60% 2 $310,000 $155,000 $2,179 4.88%

    Southwest Stage Funding lent most frequently to those with DTI ratios of 30-36%, with 368 originations. The next most common DTI ratio? 50-60%, with 287 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,670 $188,400,000 $112,814 $3,468 7.46%
    Not provided 180 $24,550,000 $136,389 $4,062 6.70%
    Black 240 $23,100,000 $96,250 $2,837 8.17%
    American Indian 32 $3,490,000 $109,063 $3,763 8.21%
    Asian 11 $1,565,000 $142,273 $3,719 6.10%
    Native Hawaiian or Islander 3 $515,000 $171,667 $3,105 6.00%

    Approval Rates

    Total approvals of all applications
    89.47%

    Southwest Stage Funding has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -237.92%

    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 2,136 $241,620,000 $113,118

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1,985 $209,665,000 $105,625
    Single Family (1-4 Units):Site-Built 151 $31,955,000 $211,623

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $120,000 $60,000 $5,401 7.00%
    40-60% 19 $1,255,000 $66,053 $3,406 7.22%
    60-80% 103 $10,505,000 $101,990 $3,567 6.90%
    80-100% 1,925 $219,635,000 $114,096 $3,400 7.47%
    Over 100% 83 $9,515,000 $114,639 $4,495 8.67%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Southwest Stage Funding FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%