Southwest Stage Funding · Texas · 2025

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

Southwest Stage Funding took 2,744 mortgage applications in Texas in 2025, ranking #72 of 1,568 lenders active in the state. It originated 27.3% of them and denied 11.1% (18.4% of the applications it decided), against a statewide denial rate of 19.4%.

2.7kApplicationsin TX
18.4%Decision denial ratestate 24.9%
8.20%Median ratestate 6.50%
$145,000Median loanstate $245,000
$136MVolume211 counties

Southwest Stage Funding in Texas vs the state

11.1%Denial rate-8.35 pts vs state
18.4%Decision denial rate-6.51 pts vs state
27.3%Origination rate-27.62 pts vs state
8.20%Median rate+1.70 pts vs state
2.20Rate spread (pts)+2.00 pts vs state
$78kMedian applicant income
748Loans originated
304Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,70589939.8%8.50%#103
20241,30957417.9%8.40%#134
20252,74474811.1%8.20%#72

What Southwest Stage Funding lends in Texas

By loan purpose

Home purchase 2,741 100% · 11.1% denied
Refinance 3 0% · 33.3% denied

By loan type

Conventional 2,309 84% · 10.7% denied
FHA 358 13% · 14.0% denied
VA 77 3% · 7.8% denied

Why it denied Texas applicants

Debt-to-income ratio 145 48%
Other 45 15%
Employment history 35 12%
Insufficient cash 29 10%
Collateral 26 9%
Credit history 20 7%
Unverifiable information 4 1%

Where in Texas

Counties with the most Southwest Stage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 96229 9.4%
Liberty County 89199 10.1%
Bastrop County 752312 16.0%
Bexar County 58168 13.8%
Henderson County 55155 9.1%
Ector County 53107 13.2%
Grayson County 52135 9.6%
Caldwell County 50135 10.0%
Harris County 4447 15.9%
Harrison County 42192 4.8%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 2,744 applications in 2025, of which 748 were originated and 304 denied.

11.1% of all applications, or 18.4% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Southwest Stage Funding originated in Texas in 2025 was 8.20%, against a statewide median of 6.50%.

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