Southwest Stage Funding in California vs the state
14.8%Denial rate-2.61 pts vs state
57.1%Decision denial rate+34.74 pts vs state
7.4%Origination rate-48.79 pts vs state
5.56%Median rate-1.06 pts vs state
-0.74Rate spread (pts)-1.02 pts vs state
$89kMedian applicant income
2Loans originated
4Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 23 | 11 | 39.1% | 7.38% | #636 |
| 2024 | 46 | 5 | 13.0% | 7.15% | #535 |
| 2025 | 27 | 2 | 14.8% | 5.56% | #604 |
What Southwest Stage Funding lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Southwest Stage Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Butte County | 10 | 0 | 1 | 10.0% |
| Siskiyou County | 3 | 1 | 1 | 33.3% |
| Riverside County | 3 | 0 | 1 | 33.3% |
| Los Angeles County | 3 | 0 | 0 | 0.0% |
| Yuba County | 2 | 0 | 0 | 0.0% |
| San Bernardino County | 2 | 0 | 1 | 50.0% |
| San Diego County | 1 | 0 | 0 | 0.0% |
| Tehama County | 1 | 0 | 0 | 0.0% |
| Shasta County | 1 | 1 | 0 | 0.0% |
| Solano County | 1 | 0 | 0 | 0.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 27 applications in 2025, of which 2 were originated and 4 denied.
14.8% of all applications, or 57.1% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Southwest Stage Funding originated in California in 2025 was 5.56%, against a statewide median of 6.63%.
About this data. Figures are Southwest Stage Funding's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology