Swh Funding Mortgage Rates, Fees & Info
PHOENIX, AZLEI: 549300XO6U4LD9JWE008
Tax ID: 81-0739863
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Swh Funding is a smaller mortgage company specializing in Home Purchase loans. Swh Funding has a high proportion of conventional loans. Their top markets by origination volume include: Phoenix, Prescott Valley, Flagstaff, Tucson, and Sierra Vista among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Swh Funding has an above average approval rate when compared to the average across all lenders.
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Originations
110Origination Dollar Volume (All Markets)
$28,780,000Top 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 |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 95 | $26,005,000 | $273,737 | $0 | 12.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 9 | $1,655,000 | $183,889 | $0 | 13.17% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 12.90% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 12.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 12.00% |
| Payson, AZ (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 14.00% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 14.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 110 | $28,780,000 | $261,636 | $0 | 12.79% |
For 2023, Swh Funding's most frequently originated type of loan was Conventional, with 110 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 107 | $25,525,000 | $238,551 | $0 | 12.81% |
| Refi | 3 | $3,255,000 | $1,085,000 | $0 | 12.00% |
For 2023, Swh Funding's most frequently cited loan purpose was Home Purchase, with 107 originations. The 2nd most popular reason was Refi, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 1 Year | 55 | $15,785,000 | $287,000 | $0 | 12.47% |
| Other | 55 | $12,995,000 | $236,273 | $0 | 13.11% |
For 2023, Swh Funding's most frequently cited loan duration was 1 Year, with 55 originations. The 2nd most popular length was Other, with 55 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 110 | $28,780,000 | $261,636 |
During 2023, Swh Funding's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 110 originations.
Loan Sizing
2023 saw Swh Funding place emphasis on $200k-400k loans with 47 originations, totaling $12,645,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Swh Funding has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 110 | $28,780,000 | $261,636 |