Southwest Stage Funding · Alabama · 2025

Southwest Stage Funding in Alabama: approval rate, denial rate and rates (2025)

Southwest Stage Funding took 804 mortgage applications in Alabama in 2025, ranking #58 of 990 lenders active in the state. It originated 23.6% of them and denied 6.8% (14.2% of the applications it decided), against a statewide denial rate of 19.9%.

804Applicationsin AL
14.2%Decision denial ratestate 25.0%
8.58%Median ratestate 6.50%
$145,000Median loanstate $165,000
$29MVolume66 counties

Southwest Stage Funding in Alabama vs the state

6.8%Denial rate-13.01 pts vs state
14.2%Decision denial rate-10.79 pts vs state
23.6%Origination rate-31.76 pts vs state
8.58%Median rate+2.07 pts vs state
2.53Rate spread (pts)+2.25 pts vs state
$69kMedian applicant income
190Loans originated
55Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323316521.9%8.50%#115
20244351598.7%8.55%#81
20258041906.8%8.58%#58

What Southwest Stage Funding lends in Alabama

By loan purpose

Home purchase 804 100% · 6.8% denied

By loan type

Conventional 694 86% · 7.1% denied
FHA 92 11% · 2.2% denied
VA 18 2% · 22.2% denied

Why it denied Alabama applicants

Debt-to-income ratio 23 42%
Collateral 9 16%
Employment history 8 15%
Insufficient cash 7 13%
Other 5 9%
Credit history 3 5%

Where in Alabama

Counties with the most Southwest Stage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 5094 8.0%
Mobile County 3795 13.5%
Jackson County 3492 5.9%
Talladega County 3461 2.9%
Madison County 3290 0.0%
DeKalb County 3161 3.2%
Limestone County 2852 7.1%
Cullman County 2682 7.7%
Chilton County 25110 0.0%
Elmore County 2452 8.3%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
Regions BankC 11,87137.2%4.99%
Rocket MortgageC 9,94120.5%6.63%
Vanderbilt Mortgage and FinanceF 8,46141.4%9.50%
United Shore Financial ServicesB 7,68912.0%6.13%
21st MortgageF 6,50746.0%9.98%
Mortgage Research CenterC 5,10718.4%6.25%
REDSTONE Federal Credit UnionC 4,54818.9%8.13%
Dhi Mortgage CompanyB 3,90917.5%4.99%
Freedom MortgageB 3,7258.7%6.25%
Pennymac Loan ServicesC 3,61111.6%6.25%

Frequently asked questions

Alabama: 804 applications in 2025, of which 190 were originated and 55 denied.

6.8% of all applications, or 14.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Southwest Stage Funding originated in Alabama in 2025 was 8.58%, against a statewide median of 6.50%.

About this data. Figures are Southwest Stage Funding's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology