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Southwest Stage Funding LLC in Tennessee

HMDA record for properties in Tennessee, calendar year 2024. National record · Tennessee overview

LEI 549300249G20MDIDRR27
Reporting agency Department of Housing and Urban Development
State Tennessee

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Tennessee, Southwest Stage Funding LLC reported 280 applications and 137 originations for 2024, $25m in all.

Its denial rate in the state was 20.3%, below the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 24.6%.

The median rate spread on its Tennessee originations was 1.2 percentage points (state median 0.3).

Applications in the state were up 16% on 2023.

280applications in TN, 20244.4% of the lender's total
137loans originated$25m
20.3%denial rateTN all lenders 22.6%
1.2 ppmedian rate spreadTN 0.3 pp

Compared with the state and the lender's national record

MeasureIn TennesseeTennessee, all lendersSouthwest Stage Funding LLC, all statesUnited States
Denial rate20.3%22.6%24.6%24.3%
Median rate spread, pp1.20.31.80.3
Originations with spread of 1.5 pp or more40.9%14.7%57.6%15.6%
Average originated loan$183k$302k$177k$329k
Home purchase share97.8%55.5%99.6%57.0%
FHA-insured share29.9%15.5%27.5%13.4%
VA-guaranteed share13.1%10.0%5.3%7.9%

Trend by year

ApplicationsOriginations

02354702022: 470 Applications2023: 241 Applications2024: 280 Applications2022: 157 Originations2023: 140 Originations2024: 137 Originations202220232024
Southwest Stage Funding LLC in Tennessee: applications and originations, 2022–2024

This lender in stateTennessee, all lenders

0%16.6%33.3%2022: 22.8% This lender in state2023: 33.3% This lender in state2024: 20.3% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Tennessee

By purpose

Home purchase 98% (134)Refinancing 2% (3)

By type

Conventional 57% (78)FHA 30% (41)VA 13% (18)

Denial reasons as coded

Debt-to-income ratio45.7%
Insufficient cash (downpayment, closing costs)17.1%
Collateral11.4%
Other11.4%
Employment history8.6%
Credit history5.7%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 35 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).

Counties in Tennessee

No county in the state reaches 25 applications.

Questions and answers

How many mortgages did Southwest Stage Funding LLC originate in Tennessee in 2024?

137 loans totalling $25m, from 280 applications reported for properties in Tennessee.

What is Southwest Stage Funding LLC's denial rate in Tennessee?

20.3% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 24.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Tennessee counties does Southwest Stage Funding LLC lend in most?

No county in the state reaches 25 applications.

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Tennessee. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.