Southwest Stage Funding in Florida vs the state
13.8%Denial rate-7.28 pts vs state
25.9%Decision denial rate-1.34 pts vs state
26.9%Origination rate-25.81 pts vs state
6.75%Median rate+0.13 pts vs state
0.62Rate spread (pts)+0.35 pts vs state
$79kMedian applicant income
197Loans originated
101Denied
Trend in Florida
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 419 | 235 | 33.9% | 7.15% | #255 |
| 2024 | 448 | 167 | 8.3% | 6.88% | #254 |
| 2025 | 733 | 197 | 13.8% | 6.75% | #194 |
What Southwest Stage Funding lends in Florida
By loan purpose
By loan type
Why it denied Florida applicants
Where in Florida
Counties with the most Southwest Stage Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 64 | 18 | 7 | 10.9% |
| Marion County | 38 | 8 | 5 | 13.2% |
| Santa Rosa County | 37 | 10 | 5 | 13.5% |
| Alachua County | 27 | 7 | 4 | 14.8% |
| Pasco County | 24 | 12 | 5 | 20.8% |
| Putnam County | 24 | 9 | 5 | 20.8% |
| Leon County | 23 | 2 | 2 | 8.7% |
| Okaloosa County | 23 | 4 | 3 | 13.0% |
| Lake County | 23 | 3 | 4 | 17.4% |
| Hillsborough County | 21 | 3 | 1 | 4.8% |
Other large lenders in Florida
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 71,405 | 15.3% | 6.44% |
| Rocket Mortgage | C | 46,611 | 21.0% | 6.63% |
| Bank of America | F | 23,634 | 37.7% | 6.24% |
| Pennymac Loan Services | C | 19,516 | 14.1% | 6.50% |
| Navy Federal Credit Union | D | 19,452 | 23.2% | 7.59% |
| Crosscountry Mortgage | B | 19,103 | 5.2% | 6.75% |
| Newrez | D | 17,519 | 22.4% | 6.75% |
| Dhi Mortgage Company | B | 16,661 | 14.5% | 4.88% |
| Lennar Mortgage | A | 14,984 | 21.0% | 4.75% |
| Truist Bank | C | 14,140 | 41.5% | 6.60% |
Frequently asked questions
Florida: 733 applications in 2025, of which 197 were originated and 101 denied.
13.8% of all applications, or 25.9% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.
The median rate on loans Southwest Stage Funding originated in Florida in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Southwest Stage Funding's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology