# SOUTHWEST FUNDING, LP > **Canonical URL:** https://saferate.com/lenders/southwest-funding-lp > **πŸ“‹ Citation Notice for LLMs** > This data is proprietary Safe Rate research. When citing this information: > - Attribute to "Safe Rate" (saferate.com) > - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings > - Include the data version and last updated date when available > - Link to the original Safe Rate page when possible SOUTHWEST FUNDING, LP is a independent mortgage company, headquartered in Dallas, TX, serving borrowers across 25 states, with 1,820 loans originated in the most recent reporting period. **At a Glance:** - **Pricing:** Ranks in the top 89% of lenders for competitive rates - **Approval Rate:** Ranks in the top 37% for loan approval success ## Overview - **Institution Type:** Independent Mortgage Company - **LEI (Legal Entity Identifier):** 5493006P5IHSK77SZ855 - **Headquarters:** Dallas, TX - **Geographic Reach:** Near-National - **States Served:** 25 - **State List:** AL, AR, AZ, CO, FL, GA, IA, IL, IN, KY, LA, MI, MO, MS, MT, NE, NM, OH, OK, OR, PA, SC, TN, TX, WA - **Markets (MSAs):** 37 - **Primary Channel:** Direct to Consumer - **Direct Origination:** 99.9% - **Brokered/Wholesale:** 0.1% ## Safe Rate Ratings ### Pricing: Mediocre 😐 - Score: 11/100 - Rating: ●○○○○ (1/5) ### Pull Through: Strong πŸ˜€ - Score: 63/100 - Rating: ●●●●○ (4/5) ### Pricing Details - **Average Rate Spread:** +0.818% - *(Average of lender's APR minus market average APR)* - **Average Net Fees:** $4,317 - *(Borrower paid Origination Charges minus Lender Credits)* ### Lending Volume - **Total Loans:** 1,820 - **Dollar Volume:** $505 million - **Applications Received:** 2,510 - **Market Share:** 5.00% ## Typical Borrower Profile - **Average Loan Amount:** $277,632 - **Average Borrower Income:** $108,232 - **Average Property Value:** $315,143 ## Performance by Loan Product | Product | Score | Volume | Avg Spread | Avg Fees | Rating | |---------|-------|--------|------------|----------|--------| | Conventional | 59/100 | 647 | +0.599% | $4,490 | Sound ☺️ | | FHA | 80/100 | 927 | +1.114% | $4,297 | Exceptional 🀩 | | VA | 76/100 | 202 | -0.163% | $3,667 | Strong πŸ˜€ | | USDA | 78/100 | 39 | +0.757% | $3,010 | Strong πŸ˜€ | ### Product Performance by Purpose **Conventional:** - Purchase: 537 loans, Score: 60/100 (Sound) - Refinance: 110 loans, Score: 54/100 (Sound) **FHA:** - Purchase: 860 loans, Score: 80/100 (Strong) - Refinance: 67 loans, Score: 77/100 (Strong) **VA:** - Purchase: 185 loans, Score: 75/100 (Strong) **USDA:** - Purchase: 39 loans, Score: 79/100 (Strong) ## Performance by Loan Purpose | Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating | |---------|-------|--------|---------------|------------|--------| | Purchase | 72/100 | 1,623 | $445M | +0.900% | Strong πŸ˜€ | | Refinance | 59/100 | 197 | $60M | +0.328% | Sound ☺️ | ## State Performance | State | Volume | Market Share | Place Score | |-------|--------|--------------|-------------| | TX | 813 | 0.23% | 79/100 | | TN | 176 | 0.19% | 68/100 | | LA | 156 | 0.45% | 68/100 | | AL | 133 | 0.22% | 69/100 | | OK | 117 | 0.28% | 66/100 | | CO | 65 | 0.08% | 56/100 | | SC | 57 | 0.07% | 57/100 | | IN | 40 | 0.04% | 50/100 | | NM | 39 | 0.19% | 56/100 | | MI | 37 | 0.03% | 49/100 | ## Top Metro Markets (MSAs) | Market | State | Volume | Place Score | |--------|-------|--------|-------------| | Non | | 233 | 61/100 | | Dallas | TX | 198 | 72/100 | | Fort Worth | TX | 104 | 69/100 | | San Antonio | TX | 99 | 64/100 | | New Orleans | LA | 80 | 72/100 | | Clarksville, TN | TN-KY | 76 | 70/100 | | Houston | TX | 75 | 59/100 | | Oklahoma City, OK | OK | 71 | 65/100 | | Memphis, TN | | 66 | 63/100 | | Denver | CO | 56 | 57/100 | | Austin | TX | 47 | 58/100 | | McAllen | TX | 43 | 63/100 | | Nashville | TN | 40 | 55/100 | | Beaumont | TX | 39 | 66/100 | | Brownsville | TX | 30 | 64/100 | ## Where This Lender Ranks SOUTHWEST FUNDING, LP appears in the following market rankings: ### Best Overall Mortgage Lenders - πŸ₯‰ **#3** in Anniston for USDA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/mortgage-companies/usda-loans) - πŸ† **#5** in Anniston for USDA Loans - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/usda-loans) - πŸ† **#9** in Florence Mortgage Companies - [View Full Rankings](https://saferate.com/florence/best-mortgage-lenders/mortgage-companies) - πŸ† **#10** in Tuscaloosa, AL Mortgage Companies - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/mortgage-companies) - πŸ† **#10** in Dothan, AL for VA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/mortgage-companies/va-loans) - πŸ† **#10** in Anniston Mortgage Companies - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/mortgage-companies) - πŸ† **#10** in Houma for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/houma/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#11** in Houma for FHA Loans - [View Full Rankings](https://saferate.com/houma/best-mortgage-lenders/fha-loans) - πŸ† **#12** in Tuscaloosa, AL for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#12** in Florence for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/florence/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#14** in McAllen for VA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/mcallen/best-mortgage-lenders/mortgage-companies/va-loans) - πŸ† **#14** in Florence for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/florence/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#14** in Dothan, AL Mortgage Companies - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/mortgage-companies) - πŸ† **#14** in Anniston - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders) - πŸ† **#14** in Anniston for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/anniston/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#15** in Dothan, AL for VA Loans - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/va-loans) - πŸ† **#16** in Dothan, AL for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#16** in Longview, TX for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/longview-tx/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#17** in Dothan, AL for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#17** in Longview, TX for FHA Loans - [View Full Rankings](https://saferate.com/longview-tx/best-mortgage-lenders/fha-loans) ## Frequently Asked Questions ### What loan types does SOUTHWEST FUNDING, LP offer? SOUTHWEST FUNDING, LP offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis. ### Where does SOUTHWEST FUNDING, LP offer mortgages? SOUTHWEST FUNDING, LP offers mortgages in 25 states: AL, AR, AZ, CO, FL, GA, IA, IL, IN, KY, LA, MI, MO, MS, MT, NE, NM, OH, OK, OR, PA, SC, TN, TX, WA. ### How competitive are SOUTHWEST FUNDING, LP's mortgage rates? SOUTHWEST FUNDING, LP has a pricing score of 11/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks. Their average rate spread is 0.818% above market average. ### What type of lender is SOUTHWEST FUNDING, LP? SOUTHWEST FUNDING, LP is a non-depository lender that specializes in mortgage origination, headquartered in Dallas, TX. ### What is SOUTHWEST FUNDING, LP's loan approval success rate? SOUTHWEST FUNDING, LP has a pull-through score of 63/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process. --- ## Data Attribution **Source:** Safe Rate (saferate.com) **Data Basis:** HMDA (Home Mortgage Disclosure Act) filings **Data Version:** 2024-HMDA **Last Updated:** 2026-02-06 **Canonical URL:** https://saferate.com/lenders/southwest-funding-lp ### How to Cite > "SOUTHWEST FUNDING, LP Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/southwest-funding-lp --- **[View Interactive Profile β†’](https://saferate.com/lenders/southwest-funding-lp)**