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: Austin, San Antonio, Houston, Dallas, and Oklahoma City among others. We have data for 390 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 an average 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 relatively high 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% 11/17/24
30 Year Conventional Refi 7.17% 11/17/24
30 Year FHA Purchase 7.63% 11/17/24
30 Year FHA Refi 7.38% 11/17/24
30 Year VA Purchase 6.55% 11/17/24
30 Year VA Refi 6.73% 11/17/24
15 Year Conventional Purchase 8.91% 11/17/24
15 Year Conventional Refi 6.73% 11/17/24
15 Year Cash-out Refi 6.73% 11/17/24
15 Year FHA Refi 7.48% 11/17/24
15 Year VA Purchase 7.65% 11/17/24
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

2,926

Origination Dollar Volume (All Markets)

$510,250,000

Awards

SOUTHWEST STAGE FUNDING FHA Loans gold SOUTHWEST STAGE FUNDING FHA Loans silver SOUTHWEST STAGE FUNDING VA Loans gold SOUTHWEST STAGE FUNDING FHA Loans gold
Show all (4) awards

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 613 $105,935,000 $172,814 $5,264 6.81%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 144 $29,150,000 $202,431 $5,691 6.72%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 128 $23,310,000 $182,109 $6,001 6.91%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 87 $13,385,000 $153,851 $5,081 7.42%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 73 $12,345,000 $169,110 $5,559 6.93%
OKLAHOMA CITY, OK (FHA|USDA|VA) 40 $7,790,000 $194,750 $5,253 6.85%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 38 $7,530,000 $198,158 $5,814 6.03%
JACKSONVILLE, FL (FHA|USDA|VA) 30 $6,420,000 $214,000 $6,214 5.47%
KNOXVILLE, TN (FHA|USDA|VA) 26 $5,320,000 $204,615 $5,648 6.06%
Lumberton, NC (FHA|USDA|VA) 36 $5,070,000 $140,833 $4,623 6.98%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 23 $4,865,000 $211,522 $5,666 5.27%
TULSA, OK (FHA|USDA|VA) 24 $4,630,000 $192,917 $5,610 6.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 24 $4,470,000 $186,250 $5,341 6.35%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 19 $4,225,000 $222,368 $6,664 6.24%
LONGVIEW, TX (FHA|USDA|VA) 25 $4,135,000 $165,400 $5,429 6.77%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 24 $4,080,000 $170,000 $5,829 6.43%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 22 $3,910,000 $177,727 $4,924 6.18%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 21 $3,745,000 $178,333 $5,708 6.51%
TALLAHASSEE, FL (FHA|USDA|VA) 19 $3,715,000 $195,526 $4,832 5.73%
TUCSON, AZ (FHA|USDA|VA) 17 $3,665,000 $215,588 $7,082 4.75%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 18 $3,640,000 $202,222 $5,655 7.04%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 19 $3,555,000 $187,105 $5,406 6.40%
GAINESVILLE, FL (FHA|USDA|VA) 21 $3,365,000 $160,238 $5,134 6.31%
JACKSON, MS (FHA|USDA|VA) 21 $3,215,000 $153,095 $4,808 7.21%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 17 $3,175,000 $186,765 $5,970 6.40%
Palatka, FL (FHA|USDA|VA) 13 $3,165,000 $243,462 $5,416 5.26%
ODESSA, TX (FHA|USDA|VA) 19 $3,135,000 $165,000 $5,578 7.49%
MIDLAND, TX (FHA|USDA|VA) 18 $3,120,000 $173,333 $6,902 8.14%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 18 $3,060,000 $170,000 $4,670 5.46%
COLUMBIA, SC (FHA|USDA|VA) 18 $3,000,000 $166,667 $4,348 6.26%
LYNCHBURG, VA (FHA|USDA|VA) 11 $2,965,000 $269,545 $6,212 5.44%
WACO, TX (FHA|USDA|VA) 20 $2,940,000 $147,000 $4,727 7.41%
SPARTANBURG, SC (FHA|USDA|VA) 16 $2,910,000 $181,875 $4,738 6.65%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $2,885,000 $221,923 $7,560 5.42%
LAFAYETTE, LA (FHA|USDA|VA) 20 $2,790,000 $139,500 $4,654 7.28%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $2,735,000 $182,333 $6,354 7.12%
Athens, TX (FHA|USDA|VA) 20 $2,700,000 $135,000 $4,806 6.80%
BATON ROUGE, LA (FHA|USDA|VA) 18 $2,670,000 $148,333 $5,016 7.54%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 11 $2,455,000 $223,182 $4,630 4.68%
Corsicana, TX (FHA|USDA|VA) 15 $2,415,000 $161,000 $5,163 7.52%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 16 $2,400,000 $150,000 $5,337 7.67%
ABILENE, TX (FHA|USDA|VA) 15 $2,215,000 $147,667 $5,910 6.76%
VICTORIA, TX (FHA|USDA|VA) 11 $2,065,000 $187,727 $7,059 6.84%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 11 $2,035,000 $185,000 $6,153 5.70%
SHERMAN-DENISON, TX (FHA|USDA|VA) 9 $2,015,000 $223,889 $6,499 5.64%
RICHMOND, VA (FHA|USDA|VA) 9 $2,005,000 $222,778 $6,078 4.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 11 $1,995,000 $181,364 $6,504 6.40%
FAYETTEVILLE, NC (FHA|USDA|VA) 12 $1,980,000 $165,000 $5,324 6.69%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 10 $1,930,000 $193,000 $9,136 5.71%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 13 $1,925,000 $148,077 $4,708 7.06%
Bonham, TX (FHA|USDA|VA) 11 $1,855,000 $168,636 $5,748 5.65%
Shawnee, OK (FHA|USDA|VA) 10 $1,820,000 $182,000 $4,191 5.37%
OCALA, FL (FHA|USDA|VA) 10 $1,690,000 $169,000 $5,012 6.20%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 9 $1,665,000 $185,000 $6,114 5.04%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 10 $1,660,000 $166,000 $3,818 6.26%
MORRISTOWN, TN (FHA|USDA|VA) 8 $1,650,000 $206,250 $4,629 5.60%
CaƱon City, CO (FHA|USDA|VA) 6 $1,640,000 $273,333 $9,729 4.28%
ROCKY MOUNT, NC (FHA|USDA|VA) 9 $1,615,000 $179,444 $4,444 5.73%
ASHEVILLE, NC (FHA|USDA|VA) 8 $1,580,000 $197,500 $4,883 5.21%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,535,000 $219,286 $5,785 4.83%
MOBILE, AL (FHA|USDA|VA) 11 $1,525,000 $138,636 $4,249 6.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 18 $1,520,000 $84,444 $2,852 9.19%
Tupelo, MS (FHA|USDA|VA) 11 $1,495,000 $135,909 $4,377 5.78%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,450,000 $362,500 $6,815 5.00%
Pearsall, TX (FHA|USDA|VA) 7 $1,445,000 $206,429 $6,482 6.54%
Crossville, TN (FHA|USDA|VA) 9 $1,435,000 $159,444 $3,442 4.71%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $1,360,000 $340,000 $8,918 5.38%
VALDOSTA, GA (FHA|USDA|VA) 8 $1,360,000 $170,000 $4,731 5.87%
Sulphur Springs, TX (FHA|USDA|VA) 8 $1,330,000 $166,250 $5,297 7.66%
Greeneville, TN (FHA|USDA|VA) 5 $1,305,000 $261,000 $6,333 4.38%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 7 $1,285,000 $183,571 $3,546 5.62%
Athens, TN (FHA|USDA|VA) 6 $1,280,000 $213,333 $2,880 6.19%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 7 $1,265,000 $180,714 $5,664 5.85%
FLORENCE, SC (FHA|USDA|VA) 10 $1,250,000 $125,000 $3,954 7.34%
Lufkin, TX (FHA|USDA|VA) 8 $1,250,000 $156,250 $5,660 6.74%
BRUNSWICK, GA (FHA|USDA|VA) 7 $1,215,000 $173,571 $5,014 6.14%
PANAMA CITY, FL (FHA|USDA|VA) 8 $1,210,000 $151,250 $5,098 6.49%
Lake City, FL (FHA|USDA|VA) 7 $1,195,000 $170,714 $3,785 4.96%
MONTGOMERY, AL (FHA|USDA|VA) 10 $1,190,000 $119,000 $3,974 8.48%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,165,000 $233,000 $4,761 4.76%
CORPUS CHRISTI, TX (FHA|USDA|VA) 9 $1,155,000 $128,333 $5,718 7.75%
Talladega-Sylacauga, AL (FHA|USDA|VA) 9 $1,155,000 $128,333 $3,989 7.38%
ROANOKE, VA (FHA|USDA|VA) 6 $1,130,000 $188,333 $4,477 4.55%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $1,090,000 $272,500 $8,047 6.87%
AMARILLO, TX (FHA|USDA|VA) 8 $1,070,000 $133,750 $4,450 8.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $1,060,000 $176,667 $5,933 4.90%
Palestine, TX (FHA|USDA|VA) 6 $1,060,000 $176,667 $5,827 7.84%
DECATUR, AL (FHA|USDA|VA) 7 $1,025,000 $146,429 $3,461 6.91%
ROME, GA (FHA|USDA|VA) 5 $1,025,000 $205,000 $5,849 6.08%
LAWTON, OK (FHA|USDA|VA) 6 $1,020,000 $170,000 $4,166 7.71%
Las Vegas, NM (FHA|USDA|VA) 4 $1,020,000 $255,000 $9,453 6.66%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $1,015,000 $338,333 $5,138 4.33%
ALBUQUERQUE, NM (FHA|USDA|VA) 6 $990,000 $165,000 $5,036 6.33%
KANSAS CITY, MO-KS (FHA|USDA|VA) 7 $975,000 $139,286 $4,876 8.14%
Searcy, AR (FHA|USDA|VA) 7 $965,000 $137,857 $3,836 7.96%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $965,000 $193,000 $7,096 4.62%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 5 $965,000 $193,000 $4,667 5.23%
ALEXANDRIA, LA (FHA|USDA|VA) 7 $925,000 $132,143 $5,046 6.60%
HINESVILLE, GA (FHA|USDA|VA) 5 $925,000 $185,000 $4,720 5.39%
Jesup, GA (FHA|USDA|VA) 5 $925,000 $185,000 $4,696 5.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $920,000 $230,000 $6,561 5.33%
Gaffney, SC (FHA|USDA|VA) 5 $905,000 $181,000 $4,622 5.44%
Brenham, TX (FHA|USDA|VA) 5 $905,000 $181,000 $5,197 7.23%
EL PASO, TX (FHA|USDA|VA) 6 $890,000 $148,333 $5,313 7.83%
BOISE CITY, ID (FHA|USDA|VA) 5 $885,000 $177,000 $5,913 6.20%
LaGrange, GA-AL (FHA|USDA|VA) 4 $860,000 $215,000 $7,588 7.91%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 5 $845,000 $169,000 $4,878 6.47%
TUSCALOOSA, AL (FHA|USDA|VA) 7 $845,000 $120,714 $4,028 7.81%
TEXARKANA, TX-AR (FHA|USDA|VA) 6 $840,000 $140,000 $4,836 7.23%
JOHNSON CITY, TN (FHA|USDA|VA) 4 $840,000 $210,000 $6,599 6.73%
Sevierville, TN (FHA|USDA|VA) 6 $840,000 $140,000 $5,260 7.07%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $820,000 $205,000 $4,851 4.46%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $805,000 $161,000 $4,685 5.35%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $800,000 $400,000 $17,810 5.31%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 6 $790,000 $131,667 $5,985 5.96%
DALTON, GA (FHA|USDA|VA) 5 $785,000 $157,000 $4,201 7.46%
Jackson, WY-ID (FHA|USDA|VA) 2 $780,000 $390,000 $7,877 3.38%
JACKSON, TN (FHA|USDA|VA) 4 $780,000 $195,000 $5,586 6.39%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 6 $780,000 $130,000 $4,375 7.23%
Meridian, MS (FHA|USDA|VA) 7 $775,000 $110,714 $3,817 7.91%
HATTIESBURG, MS (FHA|USDA|VA) 7 $765,000 $109,286 $3,810 8.86%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $755,000 $151,000 $6,036 6.77%
Rockingham, NC (FHA|USDA|VA) 7 $755,000 $107,857 $3,981 6.50%
FORT SMITH, AR-OK (FHA|USDA|VA) 4 $750,000 $187,500 $7,506 6.61%
LOUISVILLE, KY (FHA|USDA|VA) 5 $745,000 $149,000 $4,267 6.21%
Laurinburg, NC (FHA|USDA|VA) 5 $745,000 $149,000 $5,943 8.83%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $735,000 $245,000 $9,495 5.63%
SUMTER, SC (FHA|USDA|VA) 5 $735,000 $147,000 $5,125 7.17%
Rolla, MO (FHA|USDA|VA) 3 $735,000 $245,000 $6,816 7.36%
Huntsville, TX (FHA|USDA|VA) 5 $725,000 $145,000 $4,519 7.87%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $725,000 $145,000 $4,755 7.52%
COLUMBUS, OH (FHA|USDA|VA) 6 $720,000 $120,000 $4,971 8.13%
Kinston, NC (FHA|USDA|VA) 4 $720,000 $180,000 $4,034 4.75%
Jennings, LA (FHA|USDA|VA) 5 $715,000 $143,000 $5,122 8.17%
Durant, OK (FHA|USDA|VA) 3 $715,000 $238,333 $7,805 7.07%
CHEYENNE, WY (FHA|USDA|VA) 2 $710,000 $355,000 $4,482 4.13%
St. Marys, GA (FHA|USDA|VA) 3 $705,000 $235,000 $8,524 5.21%
Picayune, MS (FHA|USDA|VA) 3 $695,000 $231,667 $7,333 7.13%
Cullman, AL (FHA|USDA|VA) 4 $690,000 $172,500 $6,176 6.66%
HOT SPRINGS, AR (FHA|USDA|VA) 5 $685,000 $137,000 $4,094 7.30%
Levelland, TX (FHA|USDA|VA) 4 $680,000 $170,000 $8,707 6.34%
Brevard, NC (FHA|USDA|VA) 4 $680,000 $170,000 $4,786 5.44%
PUEBLO, CO (FHA|USDA|VA) 4 $680,000 $170,000 $4,147 4.97%
Mineral Wells, TX (FHA|USDA|VA) 5 $675,000 $135,000 $4,238 6.90%
Hobbs, NM (FHA|USDA|VA) 4 $670,000 $167,500 $6,113 7.98%
Marion, IN (FHA|USDA|VA) 3 $665,000 $221,667 $4,921 4.67%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $660,000 $110,000 $4,452 6.52%
MUNCIE, IN (FHA|USDA|VA) 2 $660,000 $330,000 $3,631 3.63%
Lawrenceburg, TN (FHA|USDA|VA) 4 $660,000 $165,000 $5,562 5.40%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $655,000 $131,000 $2,145 8.15%
Paris, TX (FHA|USDA|VA) 3 $645,000 $215,000 $1,784 5.64%
Coffeyville, KS (FHA|USDA|VA) 2 $640,000 $320,000 $11,784 7.45%
Moultrie, GA (FHA|USDA|VA) 4 $630,000 $157,500 $6,573 6.88%
STAUNTON, VA (FHA|USDA|VA) 3 $625,000 $208,333 $6,385 6.04%
Roanoke Rapids, NC (FHA|USDA|VA) 4 $620,000 $155,000 $5,953 6.19%
Beeville, TX (FHA|USDA|VA) 4 $620,000 $155,000 $6,105 8.13%
McComb, MS (FHA|USDA|VA) 4 $620,000 $155,000 $4,619 4.22%
Fort Payne, AL (FHA|USDA|VA) 4 $620,000 $155,000 $3,198 7.66%
NEW BERN, NC (FHA|USDA|VA) 3 $615,000 $205,000 $5,327 6.35%
HARRISONBURG, VA (FHA|USDA|VA) 3 $615,000 $205,000 $5,966 5.85%
Cookeville, TN (FHA|USDA|VA) 3 $605,000 $201,667 $4,930 7.08%
CLEVELAND, TN (FHA|USDA|VA) 3 $605,000 $201,667 $3,967 4.33%
Centralia, WA (FHA|USDA|VA) 1 $605,000 $605,000 $876 5.25%
THE VILLAGES, FL (FHA|USDA|VA) 2 $600,000 $300,000 $6,824 5.88%
Alice, TX (FHA|USDA|VA) 5 $595,000 $119,000 $3,757 8.83%
Forest City, NC (FHA|USDA|VA) 3 $595,000 $198,333 $4,776 6.56%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 5 $575,000 $115,000 $4,694 7.01%
Muskogee, OK (FHA|USDA|VA) 3 $575,000 $191,667 $6,452 7.49%
MONROE, LA (FHA|USDA|VA) 5 $575,000 $115,000 $4,356 7.69%
Aberdeen, WA (FHA|USDA|VA) 2 $570,000 $285,000 $4,901 4.69%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $560,000 $140,000 $4,469 8.64%
Carlsbad-Artesia, NM (FHA|USDA|VA) 3 $555,000 $185,000 $6,666 5.04%
Fredericksburg, TX (FHA|USDA|VA) 3 $555,000 $185,000 $7,919 5.67%
Enterprise, AL (FHA|USDA|VA) 2 $550,000 $275,000 $8,515 6.91%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $550,000 $137,500 $5,006 7.06%
El Dorado, AR (FHA|USDA|VA) 4 $550,000 $137,500 $4,833 8.11%
LUBBOCK, TX (FHA|USDA|VA) 5 $545,000 $109,000 $4,138 7.64%
SAVANNAH, GA (FHA|USDA|VA) 3 $535,000 $178,333 $7,555 6.43%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 4 $530,000 $132,500 $4,058 8.86%
SAN ANGELO, TX (FHA|USDA|VA) 4 $510,000 $127,500 $3,812 4.92%
PINE BLUFF, AR (FHA|USDA|VA) 4 $510,000 $127,500 $5,263 8.79%
Malvern, AR (FHA|USDA|VA) 3 $505,000 $168,333 $4,089 6.22%
Pecos, TX (FHA|USDA|VA) 3 $505,000 $168,333 $7,666 7.32%
Arcadia, FL (FHA|USDA|VA) 2 $500,000 $250,000 $8,680 7.88%
Ruston, LA (FHA|USDA|VA) 3 $495,000 $165,000 $5,246 9.48%
Jefferson, GA (FHA|USDA|VA) 2 $490,000 $245,000 $7,318 5.63%
Nacogdoches, TX (FHA|USDA|VA) 4 $490,000 $122,500 $4,825 7.45%
HAMMOND, LA (FHA|USDA|VA) 3 $485,000 $161,667 $3,906 6.56%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $480,000 $240,000 $5,407 3.94%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $475,000 $158,333 $5,263 7.28%
Ada, OK (FHA|USDA|VA) 3 $475,000 $158,333 $4,735 6.79%
Portsmouth, OH (FHA|USDA|VA) 5 $475,000 $95,000 $4,646 6.25%
Duncan, OK (FHA|USDA|VA) 2 $470,000 $235,000 $7,911 7.29%
Bennettsville, SC (FHA|USDA|VA) 4 $470,000 $117,500 $2,848 7.75%
Thomasville, GA (FHA|USDA|VA) 2 $470,000 $235,000 $5,075 3.38%
Seneca, SC (FHA|USDA|VA) 4 $470,000 $117,500 $2,279 7.82%
Waycross, GA (FHA|USDA|VA) 3 $465,000 $155,000 $4,702 6.83%
TYLER, TX (FHA|USDA|VA) 5 $465,000 $93,000 $3,116 6.81%
ANN ARBOR, MI (FHA|USDA|VA) 3 $465,000 $155,000 $4,745 8.68%
Taos, NM (FHA|USDA|VA) 2 $460,000 $230,000 $8,361 8.88%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 5 $455,000 $91,000 $3,092 8.54%
Milledgeville, GA (FHA|USDA|VA) 2 $440,000 $220,000 $6,257 6.96%
Greenwood, SC (FHA|USDA|VA) 3 $435,000 $145,000 $4,341 7.38%
Granbury, TX (FHA|USDA|VA) 2 $430,000 $215,000 $10,627 5.88%
Newport, TN (FHA|USDA|VA) 2 $430,000 $215,000 $6,483 6.19%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $425,000 $425,000 $25,276 5.25%
Albertville, AL (FHA|USDA|VA) 3 $425,000 $141,667 $2,969 6.78%
Atmore, AL (FHA|USDA|VA) 3 $425,000 $141,667 $4,280 7.68%
Camden, AR (FHA|USDA|VA) 2 $420,000 $210,000 $6,227 5.59%
Weatherford, OK (FHA|USDA|VA) 2 $420,000 $210,000 $6,636 4.34%
WILMINGTON, NC (FHA|USDA|VA) 3 $415,000 $138,333 $3,845 6.63%
McAlester, OK (FHA|USDA|VA) 3 $415,000 $138,333 $6,955 5.60%
Sonora, CA (FHA|USDA|VA) 1 $415,000 $415,000 $15,505 6.95%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $410,000 $205,000 $9,875 5.00%
Alexander City, AL (FHA|USDA|VA) 4 $410,000 $102,500 $2,612 7.79%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $405,000 $405,000 $11,509 5.63%
Washington, NC (FHA|USDA|VA) 3 $405,000 $135,000 $3,330 5.87%
Corinth, MS (FHA|USDA|VA) 1 $405,000 $405,000 $6,924 5.38%
Stillwater, OK (FHA|USDA|VA) 1 $405,000 $405,000 $6,890 5.38%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $400,000 $200,000 $5,409 4.71%
Wauchula, FL (FHA|USDA|VA) 2 $400,000 $200,000 $6,723 6.84%
Cordele, GA (FHA|USDA|VA) 3 $395,000 $131,667 $7,078 7.33%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $395,000 $131,667 $4,386 6.81%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $385,000 $128,333 $6,015 5.75%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 3 $385,000 $128,333 $2,416 6.36%
JONESBORO, AR (FHA|USDA|VA) 3 $385,000 $128,333 $4,683 5.84%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $380,000 $190,000 $4,459 6.44%
ENID, OK (FHA|USDA|VA) 2 $380,000 $190,000 $8,148 7.95%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $375,000 $125,000 $4,684 6.80%
Big Spring, TX (FHA|USDA|VA) 3 $375,000 $125,000 $3,884 8.37%
Zanesville, OH (FHA|USDA|VA) 2 $360,000 $180,000 $7,728 5.91%
GREENVILLE, NC (FHA|USDA|VA) 2 $360,000 $180,000 $3,537 5.00%
Minden, LA (FHA|USDA|VA) 3 $355,000 $118,333 $3,852 7.33%
BILLINGS, MT (FHA|USDA|VA) 1 $355,000 $355,000 $6,082 3.25%
CHICO, CA (FHA|USDA|VA) 1 $355,000 $355,000 $6,126 4.38%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 3 $345,000 $115,000 $4,910 7.07%
JOPLIN, MO (FHA|USDA|VA) 2 $340,000 $170,000 $5,326 6.50%
Gainesville, TX (FHA|USDA|VA) 1 $335,000 $335,000 $13,054 4.50%
Shelton, WA (FHA|USDA|VA) 1 $335,000 $335,000 $5,842 6.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $330,000 $165,000 $3,791 5.63%
Calhoun, GA (FHA|USDA|VA) 2 $330,000 $165,000 $4,553 4.30%
Opelousas, LA (FHA|USDA|VA) 2 $330,000 $165,000 $8,756 5.84%
RAPID CITY, SD (FHA|USDA|VA) 1 $325,000 $325,000 $5,772 3.25%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $315,000 $315,000 $7,028 4.88%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $305,000 $305,000 $5,755 4.88%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $305,000 $305,000 $13,918 2.88%
Wilson, NC (FHA|USDA|VA) 2 $300,000 $150,000 $5,306 5.74%
Snyder, TX (FHA|USDA|VA) 2 $300,000 $150,000 $4,659 9.25%
SANTA FE, NM (FHA|USDA|VA) 1 $295,000 $295,000 $8,084 4.38%
Burley, ID (FHA|USDA|VA) 1 $295,000 $295,000 $6,642 2.88%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $295,000 $295,000 $4,543 5.25%
Lewisburg, PA (FHA|USDA|VA) 1 $295,000 $295,000 $0 6.38%
Coos Bay, OR (FHA|USDA|VA) 1 $295,000 $295,000 $14,937 4.88%
WENATCHEE, WA (FHA|USDA|VA) 1 $295,000 $295,000 $8,675 7.30%
Lebanon, MO (FHA|USDA|VA) 2 $290,000 $145,000 $5,212 7.18%
Union, SC (FHA|USDA|VA) 1 $285,000 $285,000 $5,543 4.88%
Jacksonville, TX (FHA|USDA|VA) 3 $285,000 $95,000 $3,246 7.87%
Brookhaven, MS (FHA|USDA|VA) 3 $285,000 $95,000 $6,542 5.54%
Bogalusa, LA (FHA|USDA|VA) 2 $280,000 $140,000 $4,241 7.98%
Orangeburg, SC (FHA|USDA|VA) 2 $280,000 $140,000 $5,023 7.63%
Lewisburg, TN (FHA|USDA|VA) 1 $275,000 $275,000 $0 6.88%
Morgan City, LA (FHA|USDA|VA) 2 $270,000 $135,000 $3,926 7.88%
Oak Harbor, WA (FHA|USDA|VA) 1 $265,000 $265,000 $15,267 5.75%
Brownsville, TN (FHA|USDA|VA) 1 $265,000 $265,000 $6,065 4.38%
Pierre, SD (FHA|USDA|VA) 1 $265,000 $265,000 $4,732 4.88%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $265,000 $265,000 $11,433 5.38%
GREELEY, CO (FHA|USDA|VA) 1 $265,000 $265,000 $13,657 5.25%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $10,927 4.88%
Greenwood, MS (FHA|USDA|VA) 1 $265,000 $265,000 $10,349 11.00%
Bainbridge, GA (FHA|USDA|VA) 1 $265,000 $265,000 $4,729 3.88%
Altus, OK (FHA|USDA|VA) 2 $260,000 $130,000 $3,848 6.50%
Mount Pleasant, TX (FHA|USDA|VA) 2 $260,000 $130,000 $5,043 8.33%
Greenville, MS (FHA|USDA|VA) 1 $255,000 $255,000 $9,558 6.80%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $255,000 $255,000 $9,535 3.38%
Kennett, MO (FHA|USDA|VA) 2 $250,000 $125,000 $3,738 6.46%
Fort Polk South, LA (FHA|USDA|VA) 2 $250,000 $125,000 $4,791 6.50%
Georgetown, SC (FHA|USDA|VA) 2 $250,000 $125,000 $3,701 7.68%
Bluefield, WV-VA (FHA|USDA|VA) 3 $245,000 $81,667 $3,217 7.20%
Cornelia, GA (FHA|USDA|VA) 1 $245,000 $245,000 $4,473 4.38%
Batesville, AR (FHA|USDA|VA) 1 $245,000 $245,000 $15 3.25%
Portales, NM (FHA|USDA|VA) 1 $235,000 $235,000 $3,984 4.38%
Russellville, AR (FHA|USDA|VA) 1 $235,000 $235,000 $7,320 8.70%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $235,000 $235,000 $3,969 6.38%
Danville, VA (FHA|USDA|VA) 2 $230,000 $115,000 $3,201 5.44%
Douglas, GA (FHA|USDA|VA) 2 $230,000 $115,000 $2,980 7.51%
Bay City, TX (FHA|USDA|VA) 2 $230,000 $115,000 $5,539 6.95%
Cedartown, GA (FHA|USDA|VA) 2 $230,000 $115,000 $4,440 6.53%
Paris, TN (FHA|USDA|VA) 3 $225,000 $75,000 $3,351 6.78%
Alamogordo, NM (FHA|USDA|VA) 1 $225,000 $225,000 $8,567 5.80%
Starkville, MS (FHA|USDA|VA) 1 $225,000 $225,000 $10,382 8.70%
Dublin, GA (FHA|USDA|VA) 1 $225,000 $225,000 $7,190 7.95%
Marion, NC (FHA|USDA|VA) 1 $225,000 $225,000 $10,254 6.95%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $220,000 $110,000 $3,819 8.60%
Clarksburg, WV (FHA|USDA|VA) 2 $220,000 $110,000 $3,392 8.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $220,000 $110,000 $4,879 4.56%
Show Low, AZ (FHA|USDA|VA) 2 $220,000 $110,000 $7,038 5.55%
Arkadelphia, AR (FHA|USDA|VA) 1 $215,000 $215,000 $6,780 7.30%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $215,000 $215,000 $7,724 6.40%
Eagle Pass, TX (FHA|USDA|VA) 2 $210,000 $105,000 $3,804 7.70%
EspaƱola, NM (FHA|USDA|VA) 1 $205,000 $205,000 $9,982 3.25%
Ashland, OH (FHA|USDA|VA) 1 $205,000 $205,000 $10,809 3.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $205,000 $205,000 $11,300 5.25%
CHARLESTON, WV (FHA|USDA|VA) 1 $205,000 $205,000 $6,613 10.35%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $205,000 $205,000 $3,524 3.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $205,000 $205,000 $5,352 4.88%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $205,000 $205,000 $12,021 3.38%
Branson, MO (FHA|USDA|VA) 1 $205,000 $205,000 $6,111 7.35%
Kingsville, TX (FHA|USDA|VA) 2 $200,000 $100,000 $3,080 8.55%
VISALIA, CA (FHA|USDA|VA) 1 $195,000 $195,000 $8,552 5.25%
GADSDEN, AL (FHA|USDA|VA) 1 $195,000 $195,000 $4,205 6.38%
Oxford, MS (FHA|USDA|VA) 1 $195,000 $195,000 $5,869 5.88%
Hope, AR (FHA|USDA|VA) 1 $195,000 $195,000 $6,995 3.88%
Shelby, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,381 3.25%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $195,000 $195,000 $10,065 4.30%
Jasper, AL (FHA|USDA|VA) 1 $185,000 $185,000 $5,380 4.38%
Miami, OK (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.88%
Elizabeth City, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,498 4.38%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $175,000 $175,000 $12,897 5.00%
Newberry, SC (FHA|USDA|VA) 1 $175,000 $175,000 $5,413 8.80%
KOKOMO, IN (FHA|USDA|VA) 1 $165,000 $165,000 $3,712 3.88%
Ruidoso, NM (FHA|USDA|VA) 1 $165,000 $165,000 $2,922 3.38%
Sanford, NC (FHA|USDA|VA) 1 $165,000 $165,000 $5,024 9.10%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $165,000 $165,000 $5,528 3.75%
WICHITA, KS (FHA|USDA|VA) 1 $165,000 $165,000 $11,246 5.88%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $155,000 $155,000 $13,208 6.75%
LANCASTER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $4,685 7.60%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,509 3.88%
Ardmore, OK (FHA|USDA|VA) 1 $155,000 $155,000 $5,032 8.50%
Zapata, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,702 8.80%
APPLETON, WI (FHA|USDA|VA) 2 $150,000 $75,000 $3,244 8.88%
Dumas, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,298 8.30%
Cambridge, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,626 8.50%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $145,000 $145,000 $5,416 7.80%
Dyersburg, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,766 5.88%
North Wilkesboro, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,690 7.55%
Helena, MT (FHA|USDA|VA) 1 $135,000 $135,000 $9,991 4.38%
Atchison, KS (FHA|USDA|VA) 1 $135,000 $135,000 $5,173 7.10%
Salem, OH (FHA|USDA|VA) 1 $135,000 $135,000 $11,143 5.00%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $135,000 $135,000 $3,975 8.80%
Ponca City, OK (FHA|USDA|VA) 1 $135,000 $135,000 $4,025 8.05%
Grants, NM (FHA|USDA|VA) 1 $135,000 $135,000 $3,696 6.38%
Lewistown, PA (FHA|USDA|VA) 1 $135,000 $135,000 $7,663 4.88%
Natchitoches, LA (FHA|USDA|VA) 1 $135,000 $135,000 $4,137 6.00%
Columbus, MS (FHA|USDA|VA) 1 $135,000 $135,000 $2,978 6.38%
Clarksdale, MS (FHA|USDA|VA) 1 $135,000 $135,000 $4,260 6.80%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $125,000 $125,000 $7,084 4.25%
Brownwood, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,864 8.30%
Clewiston, FL (FHA|USDA|VA) 1 $125,000 $125,000 $5,395 6.25%
JACKSON, MI (FHA|USDA|VA) 2 $120,000 $60,000 $2,031 9.14%
ALBANY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,347 9.50%
Roseburg, OR (FHA|USDA|VA) 1 $115,000 $115,000 $6,296 3.75%
Andrews, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,579 6.30%
Traverse City, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,760 5.38%
DOTHAN, AL (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.38%
Cullowhee, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,641 6.55%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $115,000 $115,000 $5,447 3.88%
Mount Vernon, IL (FHA|USDA|VA) 1 $115,000 $115,000 $3,663 6.45%
SALINAS, CA (FHA|USDA|VA) 1 $105,000 $105,000 $3,122 7.50%
Tahlequah, OK (FHA|USDA|VA) 1 $105,000 $105,000 $3,147 8.80%
Athens, OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,172 6.95%
Stephenville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,079 7.30%
Kerrville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,079 7.30%
The Dalles, OR (FHA|USDA|VA) 1 $105,000 $105,000 $3,256 5.80%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $105,000 $105,000 $3,141 6.65%
Mount Vernon, OH (FHA|USDA|VA) 1 $105,000 $105,000 $9,089 6.38%
Henderson, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,285 7.40%
DeRidder, LA (FHA|USDA|VA) 1 $105,000 $105,000 $4,409 7.00%
Dayton, TN (FHA|USDA|VA) 1 $105,000 $105,000 $4,235 6.38%
Muscatine, IA (FHA|USDA|VA) 1 $105,000 $105,000 $3,238 5.90%
LAREDO, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,080 7.30%
Mexico, MO (FHA|USDA|VA) 1 $95,000 $95,000 $7,473 6.25%
Ozark, AL (FHA|USDA|VA) 1 $95,000 $95,000 $3,013 8.80%
Uvalde, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,079 5.25%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $95,000 $95,000 $3,255 7.30%
Bartlesville, OK (FHA|USDA|VA) 1 $95,000 $95,000 $3,071 7.35%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $85,000 $85,000 $3,076 7.05%
Jackson, OH (FHA|USDA|VA) 1 $85,000 $85,000 $3,213 8.80%
Rockport, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,080 6.80%
Rochelle, IL (FHA|USDA|VA) 1 $85,000 $85,000 $3,383 11.30%
Rio Grande City-Roma, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,077 8.70%
North Vernon, IN (FHA|USDA|VA) 1 $85,000 $85,000 $7,179 4.25%
Borger, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,078 9.80%
London, KY (FHA|USDA|VA) 1 $75,000 $75,000 $6,924 4.38%
Silver City, NM (FHA|USDA|VA) 1 $75,000 $75,000 $3,358 8.80%
Pittsburg, KS (FHA|USDA|VA) 1 $75,000 $75,000 $3,243 10.40%
BURLINGTON, NC (FHA|USDA|VA) 1 $75,000 $75,000 $3,408 7.30%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $70,000 $35,000 $1,454 10.43%
LAS CRUCES, NM (FHA|USDA|VA) 1 $65,000 $65,000 $3,250 8.85%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $65,000 $65,000 $3,024 7.85%
Chillicothe, OH (FHA|USDA|VA) 1 $55,000 $55,000 $2,988 6.65%
Southwest Stage Funding's top markets include Austin, San Antonio, Houston, Dallas, and Oklahoma City among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,782 $255,850,000 $143,575 $5,009 7.76%
    FHA 956 $210,150,000 $219,822 $6,334 4.88%
    VA 188 $44,250,000 $235,372 $3,817 4.99%

    For 2022, Southwest Stage Funding's most frequently originated type of loan was Conventional, with 1,782 originations. Their 2nd most popular type was FHA, with 956 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,767 $484,975,000 $175,271 $5,214 6.75%
    Refi 159 $25,275,000 $158,962 $7,998 4.70%

    For 2022, Southwest Stage Funding's most frequently cited loan purpose was Home Purchase, with 2,767 originations. The 2nd most popular reason was Refi, with 159 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,432 $188,220,000 $131,439 $4,332 7.94%
    30+ year 960 $221,030,000 $230,240 $6,443 5.40%
    30 Year 437 $90,055,000 $206,076 $6,572 5.16%
    15 Year 67 $7,425,000 $110,821 $4,369 6.27%
    20 Year 29 $3,445,000 $118,793 $4,717 6.57%
    10 Year 1 $75,000 $75,000 $7,652 4.25%

    For 2022, Southwest Stage Funding's most frequently cited loan duration was Other, with 1,432 originations. The 2nd most popular length was 30+ year, with 960 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 881 $200,625,000 $227,724
    $2k-3k 673 $65,825,000 $97,808
    $5k+ 467 $110,005,000 $235,557
    $4k-5k 402 $64,200,000 $159,701
    $3k-4k 397 $51,085,000 $128,678
    $1k-2k 106 $18,510,000 $174,623

    Southwest Stage Funding's average total fees were $6,572, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 881 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 798 $105,240,000 $131,880
    6-7% 541 $91,935,000 $169,935
    7-8% 493 $71,175,000 $144,371
    5-6% 399 $84,655,000 $212,168
    3-4% 335 $74,005,000 $220,910
    4-5% 311 $69,765,000 $224,325
    2.5-3% 49 $13,475,000 $275,000

    During 2022, Southwest Stage Funding's average interest rate for loans was 5.16%, while their most frequently originated rate bucket for loans was Over 8%, with 798 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,481 $219,215,000 $148,018 $4,909 6.97%
    $200k-400k 879 $228,475,000 $259,926 $7,122 5.45%
    $100,000 or less 519 $42,085,000 $81,089 $3,230 7.85%
    $400k-600k 46 $19,870,000 $431,957 $10,650 5.23%
    $600k-1MM 1 $605,000 $605,000 $876 5.25%

    2022 saw Southwest Stage Funding place emphasis on $100k-200k loans with 1,481 originations, totaling $219,215,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,120 $184,560,000 $164,786 $4,966 6.75%
    $50k or less 731 $92,435,000 $126,450 $4,125 6.47%
    $75k-100k 608 $120,940,000 $198,914 $6,103 6.71%
    $100k-150k 377 $86,985,000 $230,729 $6,988 6.60%
    $150k-250k 80 $22,200,000 $277,500 $8,622 6.42%
    $250k+ 10 $3,130,000 $313,000 $8,554 5.97%

    Southwest Stage Funding lent most frequently to those with incomes in the $50k-75k range, with 1,120 originations. The second most popular income band? $50k or less, with 731 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 457 $72,455,000 $158,545 $5,376 6.98%
    50-60% 418 $97,190,000 $232,512 $6,175 4.91%
    20-30% 293 $40,125,000 $136,945 $4,427 6.92%
    42% 168 $29,730,000 $176,964 $6,141 7.10%
    49% 168 $28,530,000 $169,821 $5,159 7.27%
    48% 143 $26,175,000 $183,042 $5,315 6.49%
    41% 135 $21,625,000 $160,185 $5,100 7.23%
    40% 123 $20,825,000 $169,309 $5,455 7.26%
    38% 119 $20,415,000 $171,555 $5,111 7.03%
    47% 115 $20,385,000 $177,261 $5,676 6.95%
    36% 112 $18,400,000 $164,286 $5,042 6.91%
    45% 111 $18,685,000 $168,333 $5,322 6.79%
    37% 106 $18,650,000 $175,943 $5,244 6.89%
    39% 105 $17,775,000 $169,286 $5,459 7.51%
    44% 103 $19,315,000 $187,524 $5,732 6.35%
    46% 98 $16,780,000 $171,224 $5,045 6.81%
    43% 93 $15,435,000 $165,968 $4,897 6.70%
    <20% 40 $4,760,000 $119,000 $4,785 6.24%

    Southwest Stage Funding lent most frequently to those with DTI ratios of 30-36%, with 457 originations. The next most common DTI ratio? 50-60%, with 418 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,245 $394,355,000 $175,659 $5,410 6.66%
    Black 325 $52,875,000 $162,692 $4,788 6.88%
    Not provided 265 $48,035,000 $181,264 $5,767 6.09%
    American Indian 72 $11,200,000 $155,556 $4,818 6.98%
    Asian 17 $3,495,000 $205,588 $6,511 6.46%
    Native Hawaiian or Islander 2 $290,000 $145,000 $5,649 8.00%

    Approval Rates

    Total approvals of all applications
    78.28%

    Southwest Stage Funding has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    17.91%

    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 2,926 $510,250,000 $174,385

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,926 $510,250,000 $174,385

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 16 $1,310,000 $81,875 $4,593 5.78%
    40-60% 70 $7,730,000 $110,429 $5,479 6.22%
    60-80% 252 $41,270,000 $163,770 $6,241 5.83%
    80-100% 2,523 $446,525,000 $176,982 $5,225 6.75%
    Over 100% 65 $13,415,000 $206,385 $7,468 6.36%