Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Midwest Loan Solutions, Inc..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
Mortgage Company & Address | Midwest Loan Solutions, Inc. 29777 Telegraph Rd. Suite 3580 Southfield, MI 48034 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 620 |
Total Mortgage Loan Application Amount | $89,999,000 |
Average Mortgage Loan Application Amount | $144,500 |
Highest Mortgage Loan Application Amount | $750,000 |
Average Applicant Income | $66,500 |
Highest Applicant Income | $375,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
---|---|---|---|---|
Marquette County Michigan | 207 | $ 21,813,000 | $ 105,000 | $ 53,000 |
Houghton County Michigan | 79 | $ 6,631,000 | $ 83,000 | $ 52,000 |
Kent County Delaware | 33 | $ 5,448,000 | $ 165,000 | $ 63,000 |
Solano County California | 32 | $ 9,303,000 | $ 290,000 | $ 79,000 |
Cook County Illinois | 20 | $ 4,670,000 | $ 233,000 | $ 104,000 |
New Castle County Delaware | 13 | $ 2,698,000 | $ 207,000 | $ 83,000 |
Montgomery County Pennsylvania | 10 | $ 1,900,000 | $ 190,000 | $ 89,000 |
Lake County Illinois | 9 | $ 2,081,000 | $ 231,000 | $ 131,000 |
Keweenaw County Michigan | 8 | $ 748,000 | $ 93,000 | $ 44,000 |
Baraga County Michigan | 7 | $ 581,000 | $ 83,000 | $ 55,000 |
Alger County Michigan | 6 | $ 459,000 | $ 76,000 | $ 45,000 |
Iron County Michigan | 6 | $ 248,000 | $ 41,000 | $ 30,000 |
Palm Beach County Florida | 5 | $ 704,000 | $ 140,000 | $ 90,000 |
Broward County Florida | 4 | $ 1,273,000 | $ 318,000 | $ 123,000 |
Gogebic County Michigan | 4 | $ 587,000 | $ 146,000 | $ 57,000 |
Bucks County Pennsylvania | 4 | $ 662,000 | $ 165,000 | $ 94,000 |
Yolo County California | 3 | $ 871,000 | $ 290,000 | $ 77,000 |
McHenry County Illinois | 3 | $ 819,000 | $ 273,000 | $ 105,000 |
Dickinson County Michigan | 3 | $ 406,000 | $ 135,000 | $ 35,000 |
Ontonagon County Michigan | 3 | $ 246,000 | $ 82,000 | $ 73,000 |
Bergen County New Jersey | 3 | $ 1,500,000 | $ 500,000 | $ 185,000 |
Tarrant County Texas | 3 | $ 309,000 | $ 103,000 | $ 84,000 |
Maricopa County Arizona | 2 | $ 666,000 | $ 333,000 | $ 100,000 |
Sussex County Delaware | 2 | $ 234,000 | $ 117,000 | $ 70,000 |
Grundy County Illinois | 2 | $ 486,000 | $ 243,000 | $ 75,000 |
Alpena County Michigan | 2 | $ 85,000 | $ 42,000 | $ 17,000 |
Clark County Nevada | 2 | $ 280,000 | $ 140,000 | $ 31,000 |
Allegheny County Pennsylvania | 2 | $ 93,000 | $ 46,000 | $ 48,000 |
Chester County Pennsylvania | 2 | $ 600,000 | $ 300,000 | $ 108,000 |
Philadelphia County Pennsylvania | 2 | $ 193,000 | $ 96,000 | $ 69,000 |
Denton County Texas | 2 | $ 292,000 | $ 146,000 | $ 47,000 |
Jefferson County Alabama | 1 | $ 68,000 | $ 68,000 | $ 74,000 |
Graham County Arizona | 1 | $ 91,000 | $ 91,000 | $ 108,000 |
Contra Costa County California | 1 | $ 200,000 | $ 200,000 | $ 96,000 |
Sacramento County California | 1 | $ 81,000 | $ 81,000 | $ 33,000 |
San Bernardino County California | 1 | $ 86,000 | $ 86,000 | $ 39,000 |
Martin County Florida | 1 | $ 343,000 | $ 343,000 | $ 92,000 |
Sarasota County Florida | 1 | $ 33,000 | $ 33,000 | $ 14,000 |
Gwinnett County Georgia | 1 | $ 150,000 | $ 150,000 | $ 56,000 |
Honolulu County Hawaii | 1 | $ 46,000 | $ 46,000 | $ 25,000 |
Bannock County Idaho | 1 | $ 236,000 | $ 236,000 | $ 183,000 |
Boone County Illinois | 1 | $ 160,000 | $ 160,000 | $ 89,000 |
Kane County Illinois | 1 | $ 133,000 | $ 133,000 | $ 35,000 |
Vermilion County Illinois | 1 | $ 30,000 | $ 30,000 | $ 73,000 |
LaGrange County Indiana | 1 | $ 49,000 | $ 49,000 | $ 36,000 |
Casey County Kentucky | 1 | $ 95,000 | $ 95,000 | $ 42,000 |
Clark County Kentucky | 1 | $ 100,000 | $ 100,000 | $ 82,000 |
East Baton Rouge County Louisiana | 1 | $ 160,000 | $ 160,000 | $ 53,000 |
St. Charles County Louisiana | 1 | $ 194,000 | $ 194,000 | $ 91,000 |
Baltimore County Maryland | 1 | $ 136,000 | $ 136,000 | $ 84,000 |
Cecil County Maryland | 1 | $ 147,000 | $ 147,000 | $ 68,000 |
Prince George's County Maryland | 1 | $ 234,000 | $ 234,000 | $ 62,000 |
Benzie County Michigan | 1 | $ 70,000 | $ 70,000 | $ 37,000 |
Calhoun County Michigan | 1 | $ 63,000 | $ 63,000 | $ 39,000 |
Delta County Michigan | 1 | $ 50,000 | $ 50,000 | $ 31,000 |
Mason County Michigan | 1 | $ 81,000 | $ 81,000 | $ 140,000 |
Montmorency County Michigan | 1 | $ 106,000 | $ 106,000 | $ 85,000 |
Muskegon County Michigan | 1 | $ 99,000 | $ 99,000 | $ 50,000 |
Oakland County Michigan | 1 | $ 270,000 | $ 270,000 | $ 122,000 |
Deer Lodge County Montana | 1 | $ 66,000 | $ 66,000 | $ 70,000 |
Colfax County New Mexico | 1 | $ 73,000 | $ 73,000 | $ 39,000 |
Cattaraugus County New York | 1 | $ 25,000 | $ 25,000 | $ 34,000 |
Guilford County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 80,000 |
Johnston County North Carolina | 1 | $ 112,000 | $ 112,000 | $ 46,000 |
Warren County Ohio | 1 | $ 200,000 | $ 200,000 | $ 55,000 |
Choctaw County Oklahoma | 1 | $ 46,000 | $ 46,000 | $ 57,000 |
Oklahoma County Oklahoma | 1 | $ 124,000 | $ 124,000 | $ 69,000 |
Coos County Oregon | 1 | $ 231,000 | $ 231,000 | $ 119,000 |
Tillamook County Oregon | 1 | $ 170,000 | $ 170,000 | $ 80,000 |
Lehigh County Pennsylvania | 1 | $ 170,000 | $ 170,000 | $ 93,000 |
Monroe County Pennsylvania | 1 | $ 90,000 | $ 90,000 | $ 19,000 |
Davidson County Tennessee | 1 | $ 175,000 | $ 175,000 | $ 375,000 |
Franklin County Tennessee | 1 | $ 70,000 | $ 70,000 | $ 46,000 |
Shelby County Tennessee | 1 | $ 55,000 | $ 55,000 | $ 33,000 |
Bexar County Texas | 1 | $ 34,000 | $ 34,000 | $ 37,000 |
El Paso County Texas | 1 | $ 143,000 | $ 143,000 | $ 60,000 |
Guadalupe County Texas | 1 | $ 91,000 | $ 91,000 | $ 70,000 |
Harris County Texas | 1 | $ 105,000 | $ 105,000 | $ 150,000 |
Hood County Texas | 1 | $ 114,000 | $ 114,000 | $ 79,000 |
Arlington County Virginia | 1 | $ 449,000 | $ 449,000 | $ 199,000 |
Henrico County Virginia | 1 | $ 85,000 | $ 85,000 | $ 103,000 |
Prince William County Virginia | 1 | $ 399,000 | $ 399,000 | $ 175,000 |
Thurston County Washington | 1 | $ 190,000 | $ 190,000 | $ 44,000 |
Kenosha County Wisconsin | 1 | $ 142,000 | $ 142,000 | $ 147,000 |
Waushara County Wisconsin | 1 | $ 180,000 | $ 180,000 | $ 176,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan,
and search the same numbers and information back through 2003.
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
---|---|---|---|---|---|---|
Refinancing | 340 | $50,774,000 | $149,000 | $750,000 | $66,000 | $245,000 |
Home Purchase | 280 | $39,225,000 | $140,000 | $522,000 | $67,000 | $375,000 |
Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
---|---|---|---|---|---|---|
White | 430 | $54,982,000 | $127,000 | $446,000 | $59,000 | $375,000 |
Not Provided | 117 | $18,707,000 | $159,000 | $750,000 | $79,000 | $245,000 |
Black or African American | 27 | $5,571,000 | $206,000 | $457,000 | $92,000 | $235,000 |
Hispanic | 27 | $6,451,000 | $238,000 | $449,000 | $88,000 | $240,000 |
Asian | 14 | $3,692,000 | $263,000 | $417,000 | $108,000 | $234,000 |
Native Hawaiian or Other Pacific Islander | 4 | $581,000 | $145,000 | $200,000 | $30,000 | $46,000 |
American Indian or Alaskan Native | 1 | $15,000 | $15,000 | $15,000 | $94,000 | $94,000 |
Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
---|---|---|---|---|---|---|
Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 620 | $89,999,000 | $145,000 | $750,000 | $67,000 | $375,000 |
FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
---|---|---|---|---|---|---|
Loan Originated | 323 | $39,427,000 | $122,000 | $446,000 | $60,000 | $235,000 |
Preapproval Approved but not Accepted | 76 | $14,079,000 | $185,000 | $522,000 | $79,000 | $234,000 |
Application Withdrawn By Applicant | 76 | $12,748,000 | $167,000 | $450,000 | $74,000 | $240,000 |
Application Approved But Not Accepted | 68 | $11,242,000 | $165,000 | $680,000 | $79,000 | $375,000 |
Application Denied By Financial Institution | 60 | $10,015,000 | $166,000 | $750,000 | $63,000 | $245,000 |
Preapproval Denied by Financial Institution | 17 | $2,488,000 | $146,000 | $449,000 | $61,000 | $199,000 |
Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
---|---|---|---|---|---|---|
Credit History | 40 | $6,407,000 | $160,000 | $457,000 | $64,000 | $182,000 |
Debt-To-Income Ratio | 15 | $2,517,000 | $167,000 | $324,000 | $48,000 | $84,000 |
Collateral | 10 | $1,244,000 | $124,000 | $449,000 | $63,000 | $199,000 |
Other | 8 | $1,536,000 | $192,000 | $750,000 | $71,000 | $245,000 |
Unverifiable Information | 2 | $376,000 | $188,000 | $306,000 | $30,000 | $41,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $423,000 | $211,000 | $399,000 | $132,000 | $175,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.