Southwest Stage Funding · Mississippi · 2025

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

Southwest Stage Funding took 437 mortgage applications in Mississippi in 2025, ranking #44 of 681 lenders active in the state. It originated 24.5% of them and denied 11.0% (21.7% of the applications it decided), against a statewide denial rate of 22.9%.

437Applicationsin MS
21.7%Decision denial ratestate 28.5%
8.35%Median ratestate 6.75%
$125,000Median loanstate $135,000
$17MVolume72 counties

Southwest Stage Funding in Mississippi vs the state

11.0%Denial rate-11.94 pts vs state
21.7%Decision denial rate-6.73 pts vs state
24.5%Origination rate-28.38 pts vs state
8.35%Median rate+1.60 pts vs state
2.56Rate spread (pts)+2.22 pts vs state
$65kMedian applicant income
107Loans originated
48Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325517522.0%8.65%#66
2024296999.1%8.35%#64
202543710711.0%8.35%#44

What Southwest Stage Funding lends in Mississippi

By loan purpose

Home purchase 437 100% · 11.0% denied

By loan type

Conventional 360 82% · 10.3% denied
FHA 71 16% · 15.5% denied
VA 6 1% · 0.0% denied

Why it denied Mississippi applicants

Debt-to-income ratio 21 44%
Collateral 9 19%
Employment history 7 15%
Credit history 4 8%
Other 4 8%
Insufficient cash 2 4%
Unverifiable information 1 2%

Where in Mississippi

Counties with the most Southwest Stage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lincoln County 2051 5.0%
Panola County 2073 15.0%
Walthall County 1643 18.8%
Jackson County 1403 21.4%
Rankin County 1441 7.1%
Harrison County 1330 0.0%
Pearl River County 1240 0.0%
Jones County 1241 8.3%
Lauderdale County 1123 27.3%
Simpson County 1141 9.1%

Other large lenders in Mississippi

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 6,76448.5%10.56%
Trustmark National BankC 5,53112.5%6.75%
Cadence BankB 5,30119.2%7.25%
Regions BankC 4,91644.7%5.75%
Rocket MortgageC 4,63624.8%6.63%
Community Bank of MississippiC 3,8569.0%7.65%
Renasant BankB 3,18814.3%6.99%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%

Frequently asked questions

Mississippi: 437 applications in 2025, of which 107 were originated and 48 denied.

11.0% of all applications, or 21.7% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Southwest Stage Funding originated in Mississippi in 2025 was 8.35%, against a statewide median of 6.75%.

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