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, Dallas, Midland, and Houston among others. We have data for 370 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% 4/22/24
30 Year Conventional Refi 7.17% 4/22/24
30 Year FHA Purchase 7.63% 4/22/24
30 Year FHA Refi 7.38% 4/22/24
30 Year VA Purchase 6.55% 4/22/24
30 Year VA Refi 6.73% 4/22/24
15 Year Conventional Purchase 8.91% 4/22/24
15 Year Conventional Refi 6.73% 4/22/24
15 Year Cash-out Refi 6.73% 4/22/24
15 Year FHA Refi 7.48% 4/22/24
15 Year VA Purchase 7.65% 4/22/24
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

2,724

Origination Dollar Volume (All Markets)

$307,090,000

Awards

SOUTHWEST STAGE FUNDING VA Loans silver SOUTHWEST STAGE FUNDING FHA Loans gold SOUTHWEST STAGE FUNDING VA Loans gold
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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 550 $60,760,000 $110,473 $3,323 7.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 152 $17,410,000 $114,539 $3,754 8.52%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 90 $11,720,000 $130,222 $3,631 7.54%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 68 $7,380,000 $108,529 $3,804 8.54%
MIDLAND, TX (FHA|USDA|VA) 50 $6,790,000 $135,800 $5,227 9.16%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 66 $6,680,000 $101,212 $3,792 8.86%
ODESSA, TX (FHA|USDA|VA) 40 $4,930,000 $123,250 $4,644 9.03%
JACKSONVILLE, FL (FHA|USDA|VA) 32 $4,570,000 $142,813 $3,460 6.33%
TALLAHASSEE, FL (FHA|USDA|VA) 34 $4,260,000 $125,294 $4,021 6.33%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 21 $2,995,000 $142,619 $4,287 6.84%
KNOXVILLE, TN (FHA|USDA|VA) 22 $2,890,000 $131,364 $3,250 5.90%
TULSA, OK (FHA|USDA|VA) 27 $2,865,000 $106,111 $3,063 7.12%
LAFAYETTE, LA (FHA|USDA|VA) 27 $2,785,000 $103,148 $3,969 7.68%
OKLAHOMA CITY, OK (FHA|USDA|VA) 19 $2,565,000 $135,000 $4,136 7.53%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 22 $2,430,000 $110,455 $2,123 7.33%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 16 $2,360,000 $147,500 $4,430 5.86%
BATON ROUGE, LA (FHA|USDA|VA) 27 $2,355,000 $87,222 $3,145 8.91%
MOBILE, AL (FHA|USDA|VA) 20 $2,350,000 $117,500 $3,247 7.04%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 15 $2,295,000 $153,000 $5,456 5.20%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 18 $2,230,000 $123,889 $2,647 5.54%
PANAMA CITY, FL (FHA|USDA|VA) 18 $2,030,000 $112,778 $3,272 6.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 13 $1,985,000 $152,692 $3,897 5.60%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 15 $1,945,000 $129,667 $3,146 6.82%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 17 $1,905,000 $112,059 $3,492 6.95%
WACO, TX (FHA|USDA|VA) 16 $1,860,000 $116,250 $3,720 7.46%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 17 $1,855,000 $109,118 $3,101 7.34%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 19 $1,845,000 $97,105 $3,736 7.84%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 38 $1,820,000 $47,895 $1,594 10.03%
JACKSON, MS (FHA|USDA|VA) 20 $1,790,000 $89,500 $3,146 8.42%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $1,690,000 $281,667 $8,267 5.27%
LONGVIEW, TX (FHA|USDA|VA) 17 $1,685,000 $99,118 $3,700 8.41%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $1,625,000 $180,556 $4,012 5.57%
Lumberton, NC (FHA|USDA|VA) 19 $1,595,000 $83,947 $2,741 8.52%
Laurel, MS (FHA|USDA|VA) 9 $1,465,000 $162,778 $5,487 6.26%
Carlsbad-Artesia, NM (FHA|USDA|VA) 8 $1,420,000 $177,500 $3,979 6.67%
HUNTSVILLE, AL (FHA|USDA|VA) 10 $1,390,000 $139,000 $2,548 5.09%
CORPUS CHRISTI, TX (FHA|USDA|VA) 15 $1,385,000 $92,333 $3,430 9.04%
Tupelo, MS (FHA|USDA|VA) 15 $1,375,000 $91,667 $2,986 7.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 11 $1,305,000 $118,636 $3,223 5.68%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 13 $1,295,000 $99,615 $2,279 8.27%
ABILENE, TX (FHA|USDA|VA) 16 $1,270,000 $79,375 $3,284 9.59%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $1,270,000 $158,750 $4,461 4.79%
Pearsall, TX (FHA|USDA|VA) 13 $1,265,000 $97,308 $3,449 9.63%
Athens, TX (FHA|USDA|VA) 14 $1,260,000 $90,000 $4,071 8.67%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 8 $1,260,000 $157,500 $3,433 5.59%
TYLER, TX (FHA|USDA|VA) 11 $1,255,000 $114,091 $3,847 7.56%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 16 $1,240,000 $77,500 $2,706 9.36%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 11 $1,195,000 $108,636 $3,888 8.11%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 12 $1,190,000 $99,167 $3,713 8.09%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 7 $1,175,000 $167,857 $3,872 5.55%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 11 $1,175,000 $106,818 $4,105 7.46%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 10 $1,150,000 $115,000 $3,268 6.11%
JOHNSON CITY, TN (FHA|USDA|VA) 8 $1,120,000 $140,000 $2,772 5.36%
LOUISVILLE, KY (FHA|USDA|VA) 12 $1,120,000 $93,333 $3,148 7.98%
Palestine, TX (FHA|USDA|VA) 9 $1,095,000 $121,667 $3,705 7.45%
Gaffney, SC (FHA|USDA|VA) 8 $1,090,000 $136,250 $2,688 5.48%
VICTORIA, TX (FHA|USDA|VA) 11 $1,085,000 $98,636 $3,254 8.52%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 9 $1,085,000 $120,556 $2,341 7.59%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 9 $1,075,000 $119,444 $2,532 5.12%
Opelousas, LA (FHA|USDA|VA) 10 $1,050,000 $105,000 $3,927 8.81%
LAKE CHARLES, LA (FHA|USDA|VA) 11 $1,035,000 $94,091 $2,974 8.88%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 9 $1,035,000 $115,000 $3,419 6.75%
Pecos, TX (FHA|USDA|VA) 9 $1,025,000 $113,889 $3,949 9.35%
Bennettsville, SC (FHA|USDA|VA) 13 $1,015,000 $78,077 $2,154 8.76%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $970,000 $161,667 $5,827 6.01%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 8 $960,000 $120,000 $4,507 7.45%
HATTIESBURG, MS (FHA|USDA|VA) 9 $945,000 $105,000 $2,863 7.63%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $940,000 $156,667 $5,048 6.51%
Sevierville, TN (FHA|USDA|VA) 5 $915,000 $183,000 $4,678 4.53%
COLUMBIA, SC (FHA|USDA|VA) 10 $910,000 $91,000 $1,739 6.48%
Corsicana, TX (FHA|USDA|VA) 8 $910,000 $113,750 $3,948 7.47%
Fort Polk South, LA (FHA|USDA|VA) 6 $910,000 $151,667 $3,553 6.70%
Alice, TX (FHA|USDA|VA) 9 $905,000 $100,556 $4,449 8.22%
TUCSON, AZ (FHA|USDA|VA) 7 $895,000 $127,857 $4,384 5.50%
Lufkin, TX (FHA|USDA|VA) 8 $890,000 $111,250 $3,651 7.43%
FLORENCE, SC (FHA|USDA|VA) 10 $870,000 $87,000 $1,191 8.62%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 8 $870,000 $108,750 $2,409 6.68%
CHEYENNE, WY (FHA|USDA|VA) 5 $845,000 $169,000 $3,442 4.72%
Picayune, MS (FHA|USDA|VA) 7 $835,000 $119,286 $2,728 4.87%
Brookhaven, MS (FHA|USDA|VA) 8 $810,000 $101,250 $4,432 8.59%
SANTA FE, NM (FHA|USDA|VA) 3 $795,000 $265,000 $4,741 5.00%
Williston, ND (FHA|USDA|VA) 3 $785,000 $261,667 $4,579 5.16%
MONROE, LA (FHA|USDA|VA) 8 $760,000 $95,000 $3,348 7.87%
GAINESVILLE, FL (FHA|USDA|VA) 6 $730,000 $121,667 $4,330 5.88%
ROANOKE, VA (FHA|USDA|VA) 4 $730,000 $182,500 $5,556 5.63%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $720,000 $180,000 $4,787 5.53%
ASHEVILLE, NC (FHA|USDA|VA) 4 $720,000 $180,000 $5,283 6.08%
Fredericksburg, TX (FHA|USDA|VA) 4 $710,000 $177,500 $5,138 6.24%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 6 $670,000 $111,667 $2,898 7.40%
Kerrville, TX (FHA|USDA|VA) 5 $665,000 $133,000 $3,938 8.60%
Columbus, MS (FHA|USDA|VA) 7 $665,000 $95,000 $3,372 6.79%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $665,000 $221,667 $4,592 4.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 6 $660,000 $110,000 $3,392 6.52%
Bogalusa, LA (FHA|USDA|VA) 3 $655,000 $218,333 $3,817 8.00%
LYNCHBURG, VA (FHA|USDA|VA) 5 $655,000 $131,000 $3,377 4.85%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $650,000 $162,500 $4,542 6.40%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 7 $645,000 $92,143 $3,471 8.47%
SPARTANBURG, SC (FHA|USDA|VA) 5 $645,000 $129,000 $2,876 5.77%
BRUNSWICK, GA (FHA|USDA|VA) 7 $635,000 $90,714 $3,450 6.41%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $630,000 $157,500 $4,849 6.83%
TUSCALOOSA, AL (FHA|USDA|VA) 7 $625,000 $89,286 $2,602 7.93%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $620,000 $155,000 $2,903 5.00%
Talladega-Sylacauga, AL (FHA|USDA|VA) 6 $620,000 $103,333 $2,461 8.14%
GREENVILLE, NC (FHA|USDA|VA) 6 $620,000 $103,333 $3,374 6.30%
Jennings, LA (FHA|USDA|VA) 5 $615,000 $123,000 $3,535 7.50%
Marion, IN (FHA|USDA|VA) 3 $615,000 $205,000 $3,781 5.41%
Palatka, FL (FHA|USDA|VA) 5 $615,000 $123,000 $3,401 4.97%
BOISE CITY, ID (FHA|USDA|VA) 3 $605,000 $201,667 $4,826 6.23%
Shawnee, OK (FHA|USDA|VA) 7 $605,000 $86,429 $3,486 8.90%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 10 $600,000 $60,000 $2,824 9.66%
LAS CRUCES, NM (FHA|USDA|VA) 5 $595,000 $119,000 $2,710 6.61%
Meridian, MS (FHA|USDA|VA) 7 $595,000 $85,000 $2,802 8.32%
Jacksonville, TX (FHA|USDA|VA) 6 $590,000 $98,333 $4,152 7.73%
FAYETTEVILLE, NC (FHA|USDA|VA) 6 $590,000 $98,333 $2,814 8.03%
FORT SMITH, AR-OK (FHA|USDA|VA) 8 $590,000 $73,750 $2,813 8.48%
Big Spring, TX (FHA|USDA|VA) 5 $585,000 $117,000 $4,140 8.20%
HAMMOND, LA (FHA|USDA|VA) 7 $585,000 $83,571 $3,054 8.72%
McComb, MS (FHA|USDA|VA) 6 $580,000 $96,667 $3,280 7.88%
PITTSBURGH, PA (FHA|USDA|VA) 3 $575,000 $191,667 $5,285 4.63%
Andrews, TX (FHA|USDA|VA) 6 $570,000 $95,000 $3,357 10.08%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 5 $565,000 $113,000 $2,367 6.63%
Gainesville, TX (FHA|USDA|VA) 5 $565,000 $113,000 $3,060 6.93%
OCALA, FL (FHA|USDA|VA) 5 $555,000 $111,000 $3,346 6.86%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 4 $550,000 $137,500 $3,562 7.36%
Crossville, TN (FHA|USDA|VA) 4 $550,000 $137,500 $3,710 4.50%
FORT WAYNE, IN (FHA|USDA|VA) 2 $530,000 $265,000 $2,677 3.56%
DeRidder, LA (FHA|USDA|VA) 6 $530,000 $88,333 $2,549 9.72%
CHARLESTON, WV (FHA|USDA|VA) 4 $530,000 $132,500 $2,242 5.97%
Durango, CO (FHA|USDA|VA) 2 $520,000 $260,000 $5,211 4.25%
CLEVELAND, TN (FHA|USDA|VA) 4 $480,000 $120,000 $3,955 6.23%
Starkville, MS (FHA|USDA|VA) 7 $465,000 $66,429 $2,828 9.82%
Brevard, NC (FHA|USDA|VA) 2 $460,000 $230,000 $4,002 5.00%
Statesboro, GA (FHA|USDA|VA) 4 $460,000 $115,000 $3,433 5.62%
Waycross, GA (FHA|USDA|VA) 5 $455,000 $91,000 $2,705 5.75%
MORRISTOWN, TN (FHA|USDA|VA) 3 $455,000 $151,667 $4,257 6.17%
Orangeburg, SC (FHA|USDA|VA) 6 $450,000 $75,000 $2,165 8.29%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $445,000 $148,333 $2,617 4.79%
COLUMBUS, OH (FHA|USDA|VA) 3 $445,000 $148,333 $3,843 6.46%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $445,000 $445,000 $25,861 5.25%
Natchitoches, LA (FHA|USDA|VA) 4 $440,000 $110,000 $3,188 5.53%
AMARILLO, TX (FHA|USDA|VA) 4 $430,000 $107,500 $3,834 8.63%
Lake City, FL (FHA|USDA|VA) 6 $430,000 $71,667 $2,329 9.37%
Paducah, KY-IL (FHA|USDA|VA) 4 $430,000 $107,500 $2,579 7.13%
Del Rio, TX (FHA|USDA|VA) 4 $430,000 $107,500 $3,695 9.40%
SAVANNAH, GA (FHA|USDA|VA) 4 $430,000 $107,500 $4,296 5.62%
Moultrie, GA (FHA|USDA|VA) 4 $420,000 $105,000 $3,032 7.28%
Forest City, NC (FHA|USDA|VA) 3 $415,000 $138,333 $4,166 4.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $410,000 $102,500 $2,513 5.71%
EVANSVILLE, IN-KY (FHA|USDA|VA) 10 $410,000 $41,000 $1,376 10.02%
DOTHAN, AL (FHA|USDA|VA) 4 $410,000 $102,500 $2,863 7.05%
ALBANY, GA (FHA|USDA|VA) 5 $405,000 $81,000 $3,412 9.37%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $405,000 $405,000 $15,154 3.50%
DALTON, GA (FHA|USDA|VA) 3 $405,000 $135,000 $2,524 4.33%
HOT SPRINGS, AR (FHA|USDA|VA) 4 $400,000 $100,000 $2,614 6.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 6 $390,000 $65,000 $1,847 9.60%
BILLINGS, MT (FHA|USDA|VA) 2 $390,000 $195,000 $4,524 3.88%
Las Vegas, NM (FHA|USDA|VA) 2 $390,000 $195,000 $2,499 5.31%
Blytheville, AR (FHA|USDA|VA) 4 $390,000 $97,500 $2,973 7.04%
Port Lavaca, TX (FHA|USDA|VA) 3 $385,000 $128,333 $4,119 8.14%
LAREDO, TX (FHA|USDA|VA) 5 $375,000 $75,000 $1,862 10.23%
Bonham, TX (FHA|USDA|VA) 3 $375,000 $125,000 $3,094 6.74%
TEXARKANA, TX-AR (FHA|USDA|VA) 4 $370,000 $92,500 $3,430 8.39%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $365,000 $365,000 $7,759 4.75%
Paragould, AR (FHA|USDA|VA) 4 $360,000 $90,000 $4,282 8.27%
El Campo, TX (FHA|USDA|VA) 4 $360,000 $90,000 $4,694 9.50%
Borger, TX (FHA|USDA|VA) 2 $360,000 $180,000 $3,992 4.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $355,000 $118,333 $1,696 6.24%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 4 $350,000 $87,500 $3,108 7.45%
Wilson, NC (FHA|USDA|VA) 3 $345,000 $115,000 $4,471 8.83%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $345,000 $345,000 $7,523 4.38%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $345,000 $115,000 $3,226 6.23%
Greeneville, TN (FHA|USDA|VA) 3 $345,000 $115,000 $3,718 6.79%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $340,000 $85,000 $3,330 8.43%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $335,000 $111,667 $3,282 7.56%
Oxford, MS (FHA|USDA|VA) 3 $335,000 $111,667 $5,405 6.98%
Cookeville, TN (FHA|USDA|VA) 2 $330,000 $165,000 $3,428 7.49%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $330,000 $165,000 $5,375 4.56%
Russellville, AR (FHA|USDA|VA) 3 $325,000 $108,333 $4,165 7.72%
Alexander City, AL (FHA|USDA|VA) 4 $320,000 $80,000 $3,783 7.12%
London, KY (FHA|USDA|VA) 4 $320,000 $80,000 $3,329 8.47%
Dyersburg, TN (FHA|USDA|VA) 3 $315,000 $105,000 $3,028 6.43%
PINE BLUFF, AR (FHA|USDA|VA) 3 $315,000 $105,000 $3,959 7.61%
PUEBLO, CO (FHA|USDA|VA) 2 $310,000 $155,000 $5,894 5.37%
Hobbs, NM (FHA|USDA|VA) 3 $305,000 $101,667 $2,438 9.51%
Huntington, IN (FHA|USDA|VA) 3 $305,000 $101,667 $2,812 5.71%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $305,000 $101,667 $3,219 7.95%
HINESVILLE, GA (FHA|USDA|VA) 3 $305,000 $101,667 $2,441 6.61%
MEDFORD, OR (FHA|USDA|VA) 1 $295,000 $295,000 $5,140 4.99%
Durant, OK (FHA|USDA|VA) 3 $295,000 $98,333 $3,835 7.47%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $295,000 $295,000 $6,537 3.88%
WILMINGTON, NC (FHA|USDA|VA) 2 $290,000 $145,000 $4,080 7.38%
MONTGOMERY, AL (FHA|USDA|VA) 4 $290,000 $72,500 $2,398 8.71%
Minden, LA (FHA|USDA|VA) 3 $285,000 $95,000 $3,318 8.32%
Weatherford, OK (FHA|USDA|VA) 2 $280,000 $140,000 $3,633 7.12%
Newport, TN (FHA|USDA|VA) 2 $280,000 $140,000 $2,822 5.12%
Huntsville, TX (FHA|USDA|VA) 3 $275,000 $91,667 $2,436 10.01%
Rockingham, NC (FHA|USDA|VA) 4 $270,000 $67,500 $1,532 10.19%
Laurinburg, NC (FHA|USDA|VA) 4 $270,000 $67,500 $3,797 9.22%
Malvern, AR (FHA|USDA|VA) 4 $270,000 $67,500 $2,342 7.26%
Stillwater, OK (FHA|USDA|VA) 3 $265,000 $88,333 $3,491 7.66%
GADSDEN, AL (FHA|USDA|VA) 3 $265,000 $88,333 $2,264 7.41%
Nacogdoches, TX (FHA|USDA|VA) 3 $265,000 $88,333 $2,729 7.85%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $260,000 $130,000 $5,588 5.00%
JACKSON, TN (FHA|USDA|VA) 2 $250,000 $125,000 $2,408 4.56%
Natchez, MS-LA (FHA|USDA|VA) 2 $250,000 $125,000 $5,002 9.51%
Lamesa, TX (FHA|USDA|VA) 2 $250,000 $125,000 $5,723 9.35%
Helena, MT (FHA|USDA|VA) 1 $245,000 $245,000 $4,626 4.75%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $240,000 $120,000 $4,266 7.11%
Brownwood, TX (FHA|USDA|VA) 2 $240,000 $120,000 $4,199 6.69%
AKRON, OH (FHA|USDA|VA) 3 $235,000 $78,333 $1,538 8.76%
JACKSON, MI (FHA|USDA|VA) 7 $235,000 $33,571 $1,178 10.71%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $230,000 $115,000 $3,901 9.35%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 6 $230,000 $38,333 $1,438 10.45%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $225,000 $225,000 $3,883 6.25%
Douglas, GA (FHA|USDA|VA) 3 $225,000 $75,000 $2,571 8.11%
Georgetown, SC (FHA|USDA|VA) 3 $225,000 $75,000 $1,278 9.23%
New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $215,000 $215,000 $4,392 4.99%
HARRISONBURG, VA (FHA|USDA|VA) 1 $215,000 $215,000 $3,768 5.25%
MUNCIE, IN (FHA|USDA|VA) 1 $215,000 $215,000 $3,715 4.75%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $210,000 $105,000 $5,413 5.06%
MORGANTOWN, WV (FHA|USDA|VA) 2 $210,000 $105,000 $2,695 7.04%
Eagle Pass, TX (FHA|USDA|VA) 2 $210,000 $105,000 $3,145 10.08%
Brenham, TX (FHA|USDA|VA) 2 $210,000 $105,000 $3,735 10.10%
EL PASO, TX (FHA|USDA|VA) 3 $205,000 $68,333 $2,070 9.96%
TOPEKA, KS (FHA|USDA|VA) 1 $205,000 $205,000 $560 3.50%
Cullman, AL (FHA|USDA|VA) 3 $205,000 $68,333 $2,679 9.59%
Richmond-Berea, KY (FHA|USDA|VA) 2 $200,000 $100,000 $3,688 8.74%
Jesup, GA (FHA|USDA|VA) 2 $200,000 $100,000 $2,676 7.41%
Beeville, TX (FHA|USDA|VA) 3 $195,000 $65,000 $2,817 10.29%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $195,000 $65,000 $2,529 9.78%
Mineral Wells, TX (FHA|USDA|VA) 2 $190,000 $95,000 $3,776 9.80%
Woodward, OK (FHA|USDA|VA) 2 $190,000 $95,000 $3,198 8.13%
NEW BERN, NC (FHA|USDA|VA) 2 $190,000 $95,000 $2,341 7.60%
New Castle, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,246 4.38%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $185,000 $185,000 $3,293 3.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $185,000 $185,000 $4,381 3.88%
Newport, OR (FHA|USDA|VA) 1 $185,000 $185,000 $5,955 5.75%
Dublin, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,946 4.25%
Bainbridge, GA (FHA|USDA|VA) 2 $180,000 $90,000 $2,799 6.87%
Cullowhee, NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,277 5.25%
CaƱon City, CO (FHA|USDA|VA) 1 $175,000 $175,000 $2,773 4.99%
Ada, OK (FHA|USDA|VA) 1 $175,000 $175,000 $2,989 6.25%
Coos Bay, OR (FHA|USDA|VA) 1 $175,000 $175,000 $3,220 4.99%
Farmington, MO (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.25%
JONESBORO, AR (FHA|USDA|VA) 2 $170,000 $85,000 $3,083 10.03%
Cornelia, GA (FHA|USDA|VA) 2 $170,000 $85,000 $2,812 7.33%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $170,000 $85,000 $2,130 6.43%
Hope, AR (FHA|USDA|VA) 2 $170,000 $85,000 $3,437 9.25%
Camden, AR (FHA|USDA|VA) 2 $170,000 $85,000 $3,064 9.69%
IOWA CITY, IA (FHA|USDA|VA) 2 $170,000 $85,000 $2,377 9.75%
Boone, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.88%
Shelbyville, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,229 4.75%
Wapakoneta, OH (FHA|USDA|VA) 1 $165,000 $165,000 $4,284 5.25%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $165,000 $165,000 $2,878 5.25%
ALEXANDRIA, LA (FHA|USDA|VA) 3 $165,000 $55,000 $2,311 8.60%
Snyder, TX (FHA|USDA|VA) 1 $165,000 $165,000 $8,567 9.39%
Americus, GA (FHA|USDA|VA) 2 $160,000 $80,000 $3,544 7.85%
Uvalde, TX (FHA|USDA|VA) 3 $155,000 $51,667 $1,736 10.17%
Ruston, LA (FHA|USDA|VA) 1 $155,000 $155,000 $4,422 4.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,332 5.25%
Kennett, MO (FHA|USDA|VA) 1 $155,000 $155,000 $4,535 8.99%
Hillsdale, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,573 4.38%
Calhoun, GA (FHA|USDA|VA) 1 $155,000 $155,000 $3,041 4.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $150,000 $75,000 $3,568 9.03%
SUMTER, SC (FHA|USDA|VA) 2 $150,000 $75,000 $167 9.47%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $145,000 $145,000 $4,434 9.90%
Show Low, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $2,660 4.25%
Lewisburg, TN (FHA|USDA|VA) 1 $145,000 $145,000 $2,581 4.38%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,450 3.88%
Zapata, TX (FHA|USDA|VA) 2 $140,000 $70,000 $2,884 8.65%
LaGrange, GA-AL (FHA|USDA|VA) 2 $140,000 $70,000 $2,560 9.10%
Seneca, SC (FHA|USDA|VA) 2 $140,000 $70,000 $194 9.35%
Martin, TN (FHA|USDA|VA) 1 $135,000 $135,000 $4,676 3.88%
GETTYSBURG, PA (FHA|USDA|VA) 1 $135,000 $135,000 $7,702 5.25%
LAWTON, OK (FHA|USDA|VA) 1 $135,000 $135,000 $4,372 9.25%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $135,000 $135,000 $4,178 6.25%
Burley, ID (FHA|USDA|VA) 1 $135,000 $135,000 $5,581 4.75%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,400 5.88%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $135,000 $135,000 $3,382 3.88%
Mount Sterling, KY (FHA|USDA|VA) 1 $135,000 $135,000 $3,672 4.99%
Bay City, TX (FHA|USDA|VA) 1 $135,000 $135,000 $6,926 9.89%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $135,000 $135,000 $2,310 4.38%
VALDOSTA, GA (FHA|USDA|VA) 2 $130,000 $65,000 $2,320 6.87%
Albertville, AL (FHA|USDA|VA) 2 $130,000 $65,000 $2,349 9.25%
Danville, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,404 10.19%
Elk City, OK (FHA|USDA|VA) 1 $125,000 $125,000 $6,264 9.39%
Dumas, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,145 4.38%
JOPLIN, MO (FHA|USDA|VA) 1 $125,000 $125,000 $2,943 3.75%
LANCASTER, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,616 8.49%
Madisonville, KY (FHA|USDA|VA) 1 $125,000 $125,000 $2,200 4.00%
Marion, NC (FHA|USDA|VA) 1 $125,000 $125,000 $6,697 5.25%
McAlester, OK (FHA|USDA|VA) 1 $125,000 $125,000 $3,980 8.99%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,859 9.95%
ROME, GA (FHA|USDA|VA) 1 $125,000 $125,000 $4,973 9.50%
Bardstown, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,241 4.75%
Ardmore, OK (FHA|USDA|VA) 1 $125,000 $125,000 $2,964 5.25%
Thomasville, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,663 4.38%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $125,000 $125,000 $2,701 5.25%
Winfield, KS (FHA|USDA|VA) 1 $125,000 $125,000 $4,428 8.23%
Cedartown, GA (FHA|USDA|VA) 1 $115,000 $115,000 $3,612 9.95%
Tahlequah, OK (FHA|USDA|VA) 1 $115,000 $115,000 $4,030 4.75%
Seymour, IN (FHA|USDA|VA) 1 $115,000 $115,000 $4,948 8.25%
Batesville, AR (FHA|USDA|VA) 2 $110,000 $55,000 $3,223 8.75%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,379 9.95%
Hood River, OR (FHA|USDA|VA) 1 $105,000 $105,000 $2,857 10.15%
Kingsville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $6,620 9.69%
Elkins, WV (FHA|USDA|VA) 1 $105,000 $105,000 $5,725 10.19%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $5,577 9.89%
Poplar Bluff, MO (FHA|USDA|VA) 1 $105,000 $105,000 $3,682 4.38%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $105,000 $105,000 $5,503 9.65%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $105,000 $105,000 $3,137 8.99%
McMinnville, TN (FHA|USDA|VA) 1 $105,000 $105,000 $3,429 8.49%
St. Marys, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,497 9.69%
Mexico, MO (FHA|USDA|VA) 1 $105,000 $105,000 $3,256 9.95%
MONROE, MI (FHA|USDA|VA) 1 $105,000 $105,000 $3,279 9.95%
Sanford, NC (FHA|USDA|VA) 1 $95,000 $95,000 $5,999 5.49%
RICHMOND, VA (FHA|USDA|VA) 1 $95,000 $95,000 $2,543 4.99%
Portsmouth, OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,999 9.92%
Paris, TN (FHA|USDA|VA) 1 $95,000 $95,000 $3,054 8.00%
Milledgeville, GA (FHA|USDA|VA) 1 $95,000 $95,000 $2,294 4.75%
Sweetwater, TX (FHA|USDA|VA) 1 $95,000 $95,000 $2,923 9.95%
Granbury, TX (FHA|USDA|VA) 1 $95,000 $95,000 $4,490 10.20%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $95,000 $95,000 $1,599 5.25%
Arkadelphia, AR (FHA|USDA|VA) 2 $90,000 $45,000 $2,174 10.34%
Sulphur Springs, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,058 8.99%
TOLEDO, OH (FHA|USDA|VA) 1 $85,000 $85,000 $4,807 8.49%
Salem, OH (FHA|USDA|VA) 1 $85,000 $85,000 $2,892 4.75%
Searcy, AR (FHA|USDA|VA) 1 $75,000 $75,000 $3,087 9.78%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $75,000 $75,000 $2,175 4.75%
Scottsbluff, NE (FHA|USDA|VA) 1 $75,000 $75,000 $3,043 10.38%
Washington, NC (FHA|USDA|VA) 1 $75,000 $75,000 $168 10.10%
EspaƱola, NM (FHA|USDA|VA) 1 $75,000 $75,000 $198 10.35%
Moses Lake, WA (FHA|USDA|VA) 1 $75,000 $75,000 $168 8.24%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $75,000 $75,000 $3,469 5.49%
Maysville, KY (FHA|USDA|VA) 1 $75,000 $75,000 $3,089 10.20%
Astoria, OR (FHA|USDA|VA) 1 $75,000 $75,000 $3,041 8.20%
Chillicothe, OH (FHA|USDA|VA) 1 $75,000 $75,000 $1,194 10.15%
MANSFIELD, OH (FHA|USDA|VA) 1 $75,000 $75,000 $2,104 4.75%
LUBBOCK, TX (FHA|USDA|VA) 1 $75,000 $75,000 $3,057 9.49%
Clovis, NM (FHA|USDA|VA) 1 $75,000 $75,000 $3,043 9.57%
Grenada, MS (FHA|USDA|VA) 1 $75,000 $75,000 $3,053 8.99%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $65,000 $65,000 $3,051 10.12%
Barre, VT (FHA|USDA|VA) 1 $65,000 $65,000 $3,080 10.01%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $65,000 $65,000 $2,814 9.95%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,050 9.66%
OWENSBORO, KY (FHA|USDA|VA) 1 $65,000 $65,000 $1,991 9.57%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $65,000 $65,000 $207 9.49%
RAPID CITY, SD (FHA|USDA|VA) 1 $65,000 $65,000 $2,717 9.60%
Mayfield, KY (FHA|USDA|VA) 1 $65,000 $65,000 $3,172 8.99%
Union, SC (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.49%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $65,000 $65,000 $3,189 9.49%
Jacksonville, IL (FHA|USDA|VA) 1 $65,000 $65,000 $6,522 5.25%
Hereford, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,057 10.15%
Greenwood, SC (FHA|USDA|VA) 1 $65,000 $65,000 $177 8.99%
Bartlesville, OK (FHA|USDA|VA) 1 $65,000 $65,000 $3,112 7.99%
Morgan City, LA (FHA|USDA|VA) 1 $65,000 $65,000 $3,085 9.49%
FLINT, MI (FHA|USDA|VA) 2 $60,000 $30,000 $1,051 10.71%
WICHITA, KS (FHA|USDA|VA) 1 $55,000 $55,000 $2,745 10.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $55,000 $55,000 $4,938 9.25%
Big Stone Gap, VA (FHA|USDA|VA) 1 $55,000 $55,000 $2,776 9.36%
Concord, NH (FHA|USDA|VA) 1 $55,000 $55,000 $2,741 8.99%
West Point, MS (FHA|USDA|VA) 1 $55,000 $55,000 $2,857 9.36%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $55,000 $55,000 $3,335 5.25%
BURLINGTON, NC (FHA|USDA|VA) 1 $45,000 $45,000 $2,210 9.83%
Jasper, AL (FHA|USDA|VA) 1 $45,000 $45,000 $2,041 9.49%
Raymondville, TX (FHA|USDA|VA) 1 $45,000 $45,000 $2,469 10.45%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $45,000 $45,000 $2,181 10.95%
Shelby, NC (FHA|USDA|VA) 1 $45,000 $45,000 $2,262 10.59%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $40,000 $20,000 $766 10.83%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $35,000 $35,000 $2,061 9.99%
Southwest Stage Funding's top markets include San Antonio, Austin, Dallas, Midland, and Houston among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • South Carolina (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 1,688 $147,100,000 $87,145 $3,276 9.48%
    FHA 900 $135,970,000 $151,078 $3,788 4.74%
    VA 136 $24,020,000 $176,618 $3,656 4.74%

    For 2019, Southwest Stage Funding's most frequently originated type of loan was Conventional, with 1,688 originations. Their 2nd most popular type was FHA, with 900 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,646 $297,780,000 $112,540 $3,436 7.77%
    Refi 58 $6,990,000 $120,517 $3,227 4.51%
    Cash Out Refi 20 $2,320,000 $116,000 $7,318 5.34%

    For 2019, Southwest Stage Funding's most frequently cited loan purpose was Home Purchase, with 2,646 originations. The 2nd most popular reason was Refi, with 58 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,624 $144,470,000 $88,959 $3,347 9.45%
    30+ year 771 $121,615,000 $157,737 $3,633 4.73%
    30 Year 253 $37,135,000 $146,779 $4,343 4.78%
    20 Year 52 $2,580,000 $49,615 $1,589 9.69%
    15 Year 22 $1,250,000 $56,818 $1,979 8.76%
    10 Year 2 $40,000 $20,000 $1,247 9.87%

    For 2019, Southwest Stage Funding's most frequently cited loan duration was Other, with 1,624 originations. The 2nd most popular length was 30+ year, with 771 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,033 $145,355,000 $140,712
    $2k-3k 993 $76,565,000 $77,105
    $3k-4k 293 $35,675,000 $121,758
    $1k-2k 218 $18,690,000 $85,734
    $4k-5k 112 $16,780,000 $149,821
    $5k+ 52 $10,830,000 $208,269

    Southwest Stage Funding's average total fees were $4,343, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,033 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 1,592 $136,620,000 $85,817
    4-5% 534 $82,660,000 $154,794
    5-6% 310 $45,620,000 $147,161
    3-4% 176 $29,140,000 $165,568
    7-8% 84 $9,300,000 $110,714
    6-7% 28 $3,750,000 $133,929

    During 2019, Southwest Stage Funding's average interest rate for loans was 4.78%, while their most frequently originated rate bucket for loans was Over 8%, with 1,592 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,332 $92,410,000 $69,377 $2,632 9.01%
    $100k-200k 1,187 $163,835,000 $138,024 $4,073 6.65%
    $200k-400k 202 $49,570,000 $245,396 $5,335 5.02%
    $400k-600k 3 $1,275,000 $425,000 $14,377 4.38%

    2019 saw Southwest Stage Funding place emphasis on $100,000 or less loans with 1,332 originations, totaling $92,410,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 1,195 $107,455,000 $89,921 $2,880 7.70%
    $50k-75k 899 $106,465,000 $118,426 $3,611 7.76%
    $75k-100k 390 $55,960,000 $143,487 $4,327 7.58%
    $100k-150k 196 $30,660,000 $156,429 $4,384 7.43%
    $150k-250k 37 $5,855,000 $158,243 $5,023 8.05%
    $250k+ 2 $130,000 $65,000 $3,117 8.49%

    Southwest Stage Funding lent most frequently to those with incomes in the $50k or less range, with 1,195 originations. The second most popular income band? $50k-75k, with 899 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 472 $49,290,000 $104,428 $3,232 8.27%
    20-30% 312 $29,300,000 $93,910 $3,112 8.07%
    50-60% 269 $43,945,000 $163,364 $3,957 4.83%
    42% 214 $23,580,000 $110,187 $3,759 8.39%
    40% 141 $14,895,000 $105,638 $3,530 8.19%
    49% 135 $15,895,000 $117,741 $3,830 7.84%
    41% 134 $15,230,000 $113,657 $3,810 8.46%
    37% 118 $12,330,000 $104,492 $3,437 8.15%
    38% 114 $12,180,000 $106,842 $3,360 8.27%
    36% 111 $10,825,000 $97,523 $3,080 8.40%
    39% 110 $11,310,000 $102,818 $3,386 8.43%
    <20% 91 $9,135,000 $100,385 $2,761 6.42%
    48% 91 $10,645,000 $116,978 $3,757 7.78%
    46% 87 $10,795,000 $124,080 $3,622 7.33%
    47% 85 $10,065,000 $118,412 $3,621 7.44%
    43% 80 $9,240,000 $115,500 $3,558 7.48%
    44% 78 $8,780,000 $112,564 $3,453 7.14%
    45% 73 $8,405,000 $115,137 $3,246 7.31%
    >60% 1 $315,000 $315,000 $10,494 3.75%

    Southwest Stage Funding lent most frequently to those with DTI ratios of 30-36%, with 472 originations. The next most common DTI ratio? 20-30%, with 312 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,121 $242,085,000 $114,137 $3,541 7.67%
    Black 345 $32,205,000 $93,348 $2,949 8.46%
    Not provided 220 $28,650,000 $130,227 $3,495 6.55%
    American Indian 27 $2,955,000 $109,444 $3,604 7.79%
    Asian 5 $575,000 $115,000 $2,640 7.71%
    Native Hawaiian or Islander 5 $555,000 $111,000 $3,794 8.26%
    Other Asian 1 $65,000 $65,000 $3,057 10.25%

    Approval Rates

    Total approvals of all applications
    85.76%

    Southwest Stage Funding has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -66.48%

    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 2,724 $307,090,000 $112,735

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2,566 $273,150,000 $106,450
    Single Family (1-4 Units):Site-Built 158 $33,940,000 $214,810

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $240,000 $60,000 $4,815 6.12%
    40-60% 26 $2,230,000 $85,769 $3,909 6.84%
    60-80% 122 $11,250,000 $92,213 $3,371 7.05%
    80-100% 2,478 $284,910,000 $114,976 $3,443 7.67%
    Over 100% 85 $7,485,000 $88,059 $3,965 9.57%
    Under 20% 1 $45,000 $45,000 $7,536 4.38%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Southwest Stage Funding Other type of mortgage Trouble during payment process 2 20.0%
    Southwest Stage Funding Conventional home mortgage Trouble during payment process 4 40.0%
    Southwest Stage Funding Conventional home mortgage Struggling to pay mortgage 1 10.0%
    Southwest Stage Funding FHA mortgage Closing on a mortgage 1 10.0%
    Southwest Stage Funding Other type of mortgage Closing on a mortgage 1 10.0%
    Southwest Stage Funding Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 10.0%