Southwest Stage Funding · West Virginia · 2025

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

Southwest Stage Funding took 272 mortgage applications in West Virginia in 2025, ranking #47 of 565 lenders active in the state. It originated 15.4% of them and denied 5.9% (15.4% of the applications it decided), against a statewide denial rate of 21.2%.

272Applicationsin WV
15.4%Decision denial ratestate 26.7%
8.50%Median ratestate 6.62%
$145,000Median loanstate $145,000
$6.4MVolume41 counties

Southwest Stage Funding in West Virginia vs the state

5.9%Denial rate-15.31 pts vs state
15.4%Decision denial rate-11.28 pts vs state
15.4%Origination rate-39.35 pts vs state
8.50%Median rate+1.88 pts vs state
2.48Rate spread (pts)+2.08 pts vs state
$74kMedian applicant income
42Loans originated
16Denied

Trend in West Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023302030.0%8.80%#164
2024109359.2%8.70%#84
2025272425.9%8.50%#47

What Southwest Stage Funding lends in West Virginia

By loan purpose

Home purchase 272 100% · 5.9% denied

By loan type

Conventional 251 92% · 5.2% denied
FHA 19 7% · 10.5% denied
VA 2 1% · 50.0% denied

Why it denied West Virginia applicants

Debt-to-income ratio 6 38%
Other 5 31%
Insufficient cash 2 13%
Employment history 2 13%
Credit history 1 6%

Where in West Virginia

Counties with the most Southwest Stage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kanawha County 3041 3.3%
Cabell County 2150 0.0%
Logan County 1600 0.0%
Mason County 1661 6.3%
Raleigh County 1412 14.3%
Putnam County 1421 7.1%
Wayne County 1330 0.0%
Lincoln County 1320 0.0%
Randolph County 1220 0.0%
Jackson County 901 11.1%

Other large lenders in West Virginia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 3,61523.0%6.88%
Vanderbilt Mortgage and FinanceF 3,21438.5%9.99%
City National Bank of West VirginiaC 2,87025.0%6.29%
The Huntington National BankD 2,19428.1%7.00%
Truist BankC 1,77631.1%6.63%
Loandepot.ComD 1,62418.7%6.58%
Mortgage Research CenterC 1,59217.4%6.25%
WesBanco BankB 1,47516.7%6.01%
Movement MortgageA 1,1675.4%6.63%
Crosscountry MortgageB 1,1404.0%6.58%

Frequently asked questions

West Virginia: 272 applications in 2025, of which 42 were originated and 16 denied.

5.9% of all applications, or 15.4% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.

The median rate on loans Southwest Stage Funding originated in West Virginia in 2025 was 8.50%, against a statewide median of 6.62%.

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