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
Jump to:
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, Yuma, Show Low, and Tucson among others. We have data for 6 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. They have an above average pick rate when compared to similar lenders.
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.
Originations
161Origination Dollar Volume (All Markets)
$37,305,000Top 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) | 146 | $35,360,000 | $242,192 | $0 | 12.49% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 9 | $1,055,000 | $117,222 | $0 | 12.22% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 12.00% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 13.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 12.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 12.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 160 | $37,040,000 | $231,500 | $0 | 12.47% |
| HELOC | 1 | $265,000 | $265,000 | n/a | 12.00% |
For 2021, Swh Funding's most frequently originated type of loan was Conventional, with 160 originations. Their 2nd most popular type was HELOC, with 1 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 156 | $36,150,000 | $231,731 | $0 | 12.42% |
| Refi | 3 | $855,000 | $285,000 | $0 | 12.67% |
| Home Improvement | 2 | $300,000 | $150,000 | $0 | 16.00% |
For 2021, Swh Funding's most frequently cited loan purpose was Home Purchase, with 156 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 | 160 | $36,800,000 | $230,000 | $0 | 12.50% |
| Other | 1 | $505,000 | $505,000 | $0 | 7.50% |
For 2021, Swh Funding's most frequently cited loan duration was 1 Year, with 160 originations. The 2nd most popular length was Other, with 1 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 160 | $36,800,000 | $230,000 |
| 7-8% | 1 | $505,000 | $505,000 |
During 2021, Swh Funding's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 160 originations.
Loan Sizing
2021 saw Swh Funding place emphasis on $100k-200k loans with 61 originations, totaling $8,975,000 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 origination90.68%
Swh Funding has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 161 | $37,305,000 | $231,708 |