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 | 354 |
Total Mortgage Loan Application Amount | $51,046,000 |
Average Mortgage Loan Application Amount | $144,000 |
Highest Mortgage Loan Application Amount | $789,000 |
Average Applicant Income | $81,000 |
Highest Applicant Income | $478,000 |
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 |
---|---|---|---|---|
Allegheny County Pennsylvania | 70 | $ 6,963,000 | $ 99,000 | $ 63,000 |
Kent County Delaware | 22 | $ 3,109,000 | $ 141,000 | $ 69,000 |
Beaver County Pennsylvania | 22 | $ 2,410,000 | $ 109,000 | $ 74,000 |
Oakland County Michigan | 19 | $ 4,018,000 | $ 211,000 | $ 122,000 |
Wayne County Michigan | 19 | $ 3,398,000 | $ 178,000 | $ 84,000 |
Solano County California | 12 | $ 3,277,000 | $ 273,000 | $ 119,000 |
Westmoreland County Pennsylvania | 11 | $ 728,000 | $ 66,000 | $ 51,000 |
New Castle County Delaware | 9 | $ 1,594,000 | $ 177,000 | $ 111,000 |
Washington County Pennsylvania | 8 | $ 725,000 | $ 90,000 | $ 67,000 |
Washtenaw County Michigan | 7 | $ 1,251,000 | $ 178,000 | $ 86,000 |
Butler County Pennsylvania | 6 | $ 648,000 | $ 108,000 | $ 60,000 |
Lancaster County Pennsylvania | 6 | $ 661,000 | $ 110,000 | $ 58,000 |
Philadelphia County Pennsylvania | 6 | $ 504,000 | $ 84,000 | $ 66,000 |
Union County New Jersey | 5 | $ 878,000 | $ 175,000 | $ 78,000 |
Sarasota County Florida | 4 | $ 857,000 | $ 214,000 | $ 164,000 |
Bergen County New Jersey | 4 | $ 1,103,000 | $ 275,000 | $ 116,000 |
Delaware County Pennsylvania | 4 | $ 497,000 | $ 124,000 | $ 118,000 |
Sussex County Delaware | 3 | $ 413,000 | $ 137,000 | $ 89,000 |
Elkhart County Indiana | 3 | $ 318,000 | $ 106,000 | $ 61,000 |
Gloucester County New Jersey | 3 | $ 378,000 | $ 126,000 | $ 54,000 |
Armstrong County Pennsylvania | 3 | $ 94,000 | $ 31,000 | $ 65,000 |
Lawrence County Pennsylvania | 3 | $ 247,000 | $ 82,000 | $ 53,000 |
Montgomery County Pennsylvania | 3 | $ 742,000 | $ 247,000 | $ 122,000 |
Somerset County Pennsylvania | 3 | $ 259,000 | $ 86,000 | $ 78,000 |
Ventura County California | 2 | $ 625,000 | $ 312,000 | $ 152,000 |
Manatee County Florida | 2 | $ 231,000 | $ 115,000 | $ 122,000 |
Orange County Florida | 2 | $ 248,000 | $ 124,000 | $ 54,000 |
DuPage County Illinois | 2 | $ 423,000 | $ 211,000 | $ 89,000 |
Prince George's County Maryland | 2 | $ 689,000 | $ 344,000 | $ 95,000 |
Ingham County Michigan | 2 | $ 447,000 | $ 223,000 | $ 174,000 |
Livingston County Michigan | 2 | $ 292,000 | $ 146,000 | $ 76,000 |
Macomb County Michigan | 2 | $ 450,000 | $ 225,000 | $ 58,000 |
Monroe County Michigan | 2 | $ 535,000 | $ 267,000 | $ 139,000 |
Essex County New Jersey | 2 | $ 239,000 | $ 119,000 | $ 50,000 |
Ocean County New Jersey | 2 | $ 175,000 | $ 87,000 | $ 46,000 |
Buncombe County North Carolina | 2 | $ 206,000 | $ 103,000 | $ 30,000 |
Mecklenburg County North Carolina | 2 | $ 91,000 | $ 45,000 | $ 43,000 |
Columbiana County Ohio | 2 | $ 264,000 | $ 132,000 | $ 75,000 |
Bucks County Pennsylvania | 2 | $ 221,000 | $ 110,000 | $ 73,000 |
Chester County Pennsylvania | 2 | $ 496,000 | $ 248,000 | $ 123,000 |
Indiana County Pennsylvania | 2 | $ 264,000 | $ 132,000 | $ 81,000 |
Harrisonburg County Virginia | 2 | $ 377,000 | $ 188,000 | $ 113,000 |
Alameda County California | 1 | $ 192,000 | $ 192,000 | $ 154,000 |
Monterey County California | 1 | $ 75,000 | $ 75,000 | $ 113,000 |
San Diego County California | 1 | $ 144,000 | $ 144,000 | $ 89,000 |
San Mateo County California | 1 | $ 67,000 | $ 67,000 | $ 51,000 |
Sonoma County California | 1 | $ 95,000 | $ 95,000 | $ 59,000 |
Arapahoe County Colorado | 1 | $ 212,000 | $ 212,000 | $ 84,000 |
Fairfield County Connecticut | 1 | $ 130,000 | $ 130,000 | $ 58,000 |
Hartford County Connecticut | 1 | $ 99,000 | $ 99,000 | $ 27,000 |
District of Columbia County District Of Columbia | 1 | $ 270,000 | $ 270,000 | $ 121,000 |
Brevard County Florida | 1 | $ 135,000 | $ 135,000 | $ 82,000 |
Broward County Florida | 1 | $ 297,000 | $ 297,000 | $ 141,000 |
Collier County Florida | 1 | $ 168,000 | $ 168,000 | $ 160,000 |
Volusia County Florida | 1 | $ 196,000 | $ 196,000 | $ 110,000 |
St. Clair County Illinois | 1 | $ 267,000 | $ 267,000 | $ 215,000 |
LaGrange County Indiana | 1 | $ 223,000 | $ 223,000 | $ 81,000 |
Marion County Indiana | 1 | $ 180,000 | $ 180,000 | $ 43,000 |
Miami County Indiana | 1 | $ 74,000 | $ 74,000 | $ 31,000 |
St. Joseph County Indiana | 1 | $ 145,000 | $ 145,000 | $ 120,000 |
Baltimore City County Maryland | 1 | $ 70,000 | $ 70,000 | $ 147,000 |
Cecil County Maryland | 1 | $ 149,000 | $ 149,000 | $ 102,000 |
Worcester County Maryland | 1 | $ 140,000 | $ 140,000 | $ 182,000 |
Alcona County Michigan | 1 | $ 126,000 | $ 126,000 | $ 100,000 |
Baraga County Michigan | 1 | $ 77,000 | $ 77,000 | $ 57,000 |
Cheboygan County Michigan | 1 | $ 125,000 | $ 125,000 | $ 63,000 |
Houghton County Michigan | 1 | $ 128,000 | $ 128,000 | $ 58,000 |
Keweenaw County Michigan | 1 | $ 60,000 | $ 60,000 | $ 27,000 |
Ottawa County Michigan | 1 | $ 300,000 | $ 300,000 | $ 69,000 |
Presque Isle County Michigan | 1 | $ 160,000 | $ 160,000 | $ 84,000 |
Middlesex County New Jersey | 1 | $ 218,000 | $ 218,000 | $ 104,000 |
Monmouth County New Jersey | 1 | $ 179,000 | $ 179,000 | $ 80,000 |
Morris County New Jersey | 1 | $ 130,000 | $ 130,000 | $ 144,000 |
Somerset County New Jersey | 1 | $ 209,000 | $ 209,000 | $ 216,000 |
Chatham County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 88,000 |
Forsyth County North Carolina | 1 | $ 59,000 | $ 59,000 | $ 115,000 |
Knox County Ohio | 1 | $ 170,000 | $ 170,000 | $ 47,000 |
Lucas County Ohio | 1 | $ 200,000 | $ 200,000 | $ 84,000 |
Wayne County Ohio | 1 | $ 79,000 | $ 79,000 | $ 55,000 |
Lebanon County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 54,000 |
Luzerne County Pennsylvania | 1 | $ 60,000 | $ 60,000 | $ 58,000 |
Mercer County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 31,000 |
Snyder County Pennsylvania | 1 | $ 112,000 | $ 112,000 | $ 138,000 |
Berkeley County South Carolina | 1 | $ 88,000 | $ 88,000 | $ 35,000 |
Lexington County South Carolina | 1 | $ 194,000 | $ 194,000 | $ 182,000 |
Albemarle County Virginia | 1 | $ 296,000 | $ 296,000 | $ 83,000 |
Hanover County Virginia | 1 | $ 149,000 | $ 149,000 | $ 137,000 |
Loudoun County Virginia | 1 | $ 290,000 | $ 290,000 | $ 150,000 |
Louisa County Virginia | 1 | $ 304,000 | $ 304,000 | $ 108,000 |
Norfolk County Virginia | 1 | $ 147,000 | $ 147,000 | $ 69,000 |
Prince William County Virginia | 1 | $ 152,000 | $ 152,000 | $ 117,000 |
Rockingham County Virginia | 1 | $ 121,000 | $ 121,000 | $ 57,000 |
Staunton County Virginia | 1 | $ 75,000 | $ 75,000 | $ 129,000 |
Lewis County Washington | 1 | $ 165,000 | $ 165,000 | $ 42,000 |
Iowa County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 43,000 |
Milwaukee County Wisconsin | 1 | $ 192,000 | $ 192,000 | $ 160,000 |
Ozaukee County Wisconsin | 1 | $ 417,000 | $ 417,000 | $ 180,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 195 | $25,476,000 | $130,000 | $400,000 | $74,000 | $444,000 |
Refinancing | 149 | $24,169,000 | $162,000 | $789,000 | $93,000 | $478,000 |
Home Improvement | 10 | $1,401,000 | $140,000 | $417,000 | $76,000 | $190,000 |
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 | 236 | $34,984,000 | $148,000 | $789,000 | $85,000 | $478,000 |
Not Provided | 70 | $9,064,000 | $129,000 | $393,000 | $77,000 | $215,000 |
Black or African American | 22 | $2,848,000 | $129,000 | $409,000 | $81,000 | $182,000 |
Hispanic | 15 | $2,299,000 | $153,000 | $280,000 | $64,000 | $200,000 |
Asian | 10 | $1,801,000 | $180,000 | $334,000 | $73,000 | $152,000 |
American Indian or Alaskan Native | 1 | $50,000 | $50,000 | $50,000 | $42,000 | $42,000 |
Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 350 | $50,211,000 | $143,000 | $789,000 | $82,000 | $478,000 |
VA-guaranteed (Veterans Administration) | 4 | $835,000 | $208,000 | $325,000 | $133,000 | $218,000 |
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 |
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 | 128 | $19,798,000 | $154,000 | $417,000 | $91,000 | $444,000 |
Application Denied By Financial Institution | 94 | $12,968,000 | $137,000 | $789,000 | $71,000 | $478,000 |
Application Withdrawn By Applicant | 78 | $10,414,000 | $133,000 | $417,000 | $81,000 | $218,000 |
File Closed For Incompleteness | 46 | $7,080,000 | $153,000 | $409,000 | $88,000 | $360,000 |
Preapproval Denied by Financial Institution | 8 | $786,000 | $98,000 | $175,000 | $45,000 | $109,000 |
Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Preapproval Approved but not Accepted | 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 |
---|---|---|---|---|---|---|
Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Other | 0 | $0 | $0 | $0 | $0 | $0 |
Unverifiable Information | 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.