Southwest Stage Funding in Tennessee vs the state
7.6%Denial rate-9.59 pts vs state
18.8%Decision denial rate-2.93 pts vs state
18.9%Origination rate-39.20 pts vs state
7.50%Median rate+0.88 pts vs state
1.33Rate spread (pts)+1.10 pts vs state
$69kMedian applicant income
135Loans originated
54Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 241 | 140 | 32.4% | 7.38% | #163 |
| 2024 | 280 | 137 | 12.5% | 7.45% | #157 |
| 2025 | 715 | 135 | 7.6% | 7.50% | #87 |
What Southwest Stage Funding lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Southwest Stage Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Knox County | 30 | 3 | 6 | 20.0% |
| Blount County | 28 | 6 | 2 | 7.1% |
| Cumberland County | 26 | 6 | 2 | 7.7% |
| Hawkins County | 22 | 2 | 0 | 0.0% |
| Putnam County | 21 | 4 | 1 | 4.8% |
| Greene County | 21 | 1 | 0 | 0.0% |
| Bradley County | 21 | 1 | 1 | 4.8% |
| Roane County | 20 | 5 | 1 | 5.0% |
| Sevier County | 20 | 4 | 1 | 5.0% |
| Cocke County | 17 | 3 | 3 | 17.6% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 715 applications in 2025, of which 135 were originated and 54 denied.
7.6% of all applications, or 18.8% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Southwest Stage Funding originated in Tennessee in 2025 was 7.50%, against a statewide median of 6.62%.
About this data. Figures are Southwest Stage Funding's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology