Southwest Stage Funding · Illinois · 2025

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

Southwest Stage Funding took 49 mortgage applications in Illinois in 2025, ranking #467 of 1,150 lenders active in the state. It originated 14.3% of them and denied 6.1% (20.0% of the applications it decided), against a statewide denial rate of 17.1%.

49Applicationsin IL
20.0%Decision denial ratestate 21.7%
9.75%Median ratestate 6.75%
$125,000Median loanstate $185,000
$795kVolume27 counties

Southwest Stage Funding in Illinois vs the state

6.1%Denial rate-11.00 pts vs state
20.0%Decision denial rate-1.68 pts vs state
14.3%Origination rate-44.45 pts vs state
9.75%Median rate+3.00 pts vs state
3.45Rate spread (pts)+3.07 pts vs state
$64kMedian applicant income
7Loans originated
3Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322959.1%9.00%#580
2024271011.1%8.98%#544
20254976.1%9.75%#467

What Southwest Stage Funding lends in Illinois

By loan purpose

Home purchase 49 100% · 6.1% denied

By loan type

Conventional 46 94% · 6.5% denied
FHA 2 4% · 0.0% denied
VA 1 2% · 0.0% denied

Why it denied Illinois applicants

Debt-to-income ratio 1 33%
Credit history 1 33%
Collateral 1 33%

Where in Illinois

Counties with the most Southwest Stage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Massac County 400 0.0%
Effingham County 400 0.0%
Vermilion County 300 0.0%
Pope County 300 0.0%
Fayette County 320 0.0%
Douglas County 310 0.0%
McLean County 200 0.0%
LaSalle County 200 0.0%
Clay County 200 0.0%
Crawford County 200 0.0%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 49 applications in 2025, of which 7 were originated and 3 denied.

6.1% of all applications, or 20.0% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Southwest Stage Funding originated in Illinois in 2025 was 9.75%, against a statewide median of 6.75%.

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