Midwest Loan Solutions, Inc.
Mortgage Loan Application
Totals and Details
for 2015
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 | 328 |
| Total Mortgage Loan Application Amount | $45,853,000 |
| Average Mortgage Loan Application Amount | $146,000 |
| Highest Mortgage Loan Application Amount | $600,000 |
| Average Applicant Income | $88,666 |
| Highest Applicant Income | $4,342,000 |
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 | $ 8,104,000 | $ 115,000 | $ 68,000 |
| Beaver County Pennsylvania | 28 | $ 3,025,000 | $ 108,000 | $ 70,000 |
| Lancaster County Pennsylvania | 19 | $ 3,569,000 | $ 187,000 | $ 89,000 |
| Houghton County Michigan | 10 | $ 873,000 | $ 87,000 | $ 78,000 |
| Washington County Pennsylvania | 9 | $ 1,506,000 | $ 167,000 | $ 96,000 |
| Columbiana County Ohio | 8 | $ 571,000 | $ 71,000 | $ 48,000 |
| Essex County New Jersey | 6 | $ 1,539,000 | $ 256,000 | $ 124,000 |
| Bucks County Pennsylvania | 6 | $ 1,562,000 | $ 260,000 | $ 109,000 |
| Broward County Florida | 5 | $ 1,030,000 | $ 206,000 | $ 120,000 |
| Sarasota County Florida | 5 | $ 1,043,000 | $ 208,000 | $ 101,000 |
| Armstrong County Pennsylvania | 4 | $ 257,000 | $ 64,000 | $ 83,000 |
| Butler County Pennsylvania | 4 | $ 752,000 | $ 188,000 | $ 112,000 |
| Montgomery County Pennsylvania | 4 | $ 511,000 | $ 127,000 | $ 72,000 |
| Westmoreland County Pennsylvania | 4 | $ 255,000 | $ 63,000 | $ 63,000 |
| Wayne County Michigan | 3 | $ 140,000 | $ 46,000 | $ 84,000 |
| Ocean County New Jersey | 3 | $ 572,000 | $ 190,000 | $ 36,000 |
| Dauphin County Pennsylvania | 3 | $ 346,000 | $ 115,000 | $ 61,000 |
| Philadelphia County Pennsylvania | 3 | $ 311,000 | $ 103,000 | $ 100,000 |
| Orange County Florida | 2 | $ 352,000 | $ 176,000 | $ 66,000 |
| Elkhart County Indiana | 2 | $ 155,000 | $ 77,000 | $ 82,000 |
| Queen Anne's County Maryland | 2 | $ 324,000 | $ 162,000 | $ 93,000 |
| Marquette County Michigan | 2 | $ 307,000 | $ 153,000 | $ 56,000 |
| Burlington County New Jersey | 2 | $ 355,000 | $ 177,000 | $ 114,000 |
| Middlesex County New Jersey | 2 | $ 424,000 | $ 212,000 | $ 100,000 |
| Somerset County New Jersey | 2 | $ 628,000 | $ 314,000 | $ 119,000 |
| Wayne County Ohio | 2 | $ 337,000 | $ 168,000 | $ 100,000 |
| Erie County Pennsylvania | 2 | $ 402,000 | $ 201,000 | $ 82,000 |
| Horry County South Carolina | 2 | $ 173,000 | $ 86,000 | $ 54,000 |
| Los Angeles County California | 1 | $ 417,000 | $ 417,000 | $ 191,000 |
| San Bernardino County California | 1 | $ 320,000 | $ 320,000 | $ 156,000 |
| New Castle County Delaware | 1 | $ 258,000 | $ 258,000 | $ 78,000 |
| Lake County Florida | 1 | $ 98,000 | $ 98,000 | $ 104,000 |
| Leon County Florida | 1 | $ 60,000 | $ 60,000 | $ 37,000 |
| Manatee County Florida | 1 | $ 254,000 | $ 254,000 | $ 105,000 |
| Williamson County Illinois | 1 | $ 77,000 | $ 77,000 | $ 114,000 |
| Jefferson County Kentucky | 1 | $ 98,000 | $ 98,000 | $ 41,000 |
| Prince George's County Maryland | 1 | $ 175,000 | $ 175,000 | $ 103,000 |
| Wicomico County Maryland | 1 | $ 153,000 | $ 153,000 | $ 76,000 |
| Baraga County Michigan | 1 | $ 40,000 | $ 40,000 | $ 10,000 |
| Crawford County Michigan | 1 | $ 118,000 | $ 118,000 | $ 25,000 |
| Gogebic County Michigan | 1 | $ 45,000 | $ 45,000 | $ 31,000 |
| Isabella County Michigan | 1 | $ 133,000 | $ 133,000 | $ 64,000 |
| Oakland County Michigan | 1 | $ 550,000 | $ 550,000 | $ 221,000 |
| Ontonagon County Michigan | 1 | $ 75,000 | $ 75,000 | $ 100,000 |
| St. Joseph County Michigan | 1 | $ 50,000 | $ 50,000 | $ 75,000 |
| Washtenaw County Michigan | 1 | $ 145,000 | $ 145,000 | $ 52,000 |
| Bergen County New Jersey | 1 | $ 40,000 | $ 40,000 | $ 39,000 |
| Camden County New Jersey | 1 | $ 163,000 | $ 163,000 | $ 52,000 |
| Cape May County New Jersey | 1 | $ 300,000 | $ 300,000 | $ 124,000 |
| Gloucester County New Jersey | 1 | $ 156,000 | $ 156,000 | $ 161,000 |
| Union County New Jersey | 1 | $ 284,000 | $ 284,000 | $ 110,000 |
| Beaufort County North Carolina | 1 | $ 174,000 | $ 174,000 | $ 96,000 |
| Mecklenburg County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 69,000 |
| Franklin County Ohio | 1 | $ 109,000 | $ 109,000 | $ 109,000 |
| Centre County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 81,000 |
| Chester County Pennsylvania | 1 | $ 259,000 | $ 259,000 | $ 116,000 |
| Delaware County Pennsylvania | 1 | $ 120,000 | $ 120,000 | $ 70,000 |
| Fayette County Pennsylvania | 1 | $ 40,000 | $ 40,000 | $ 75,000 |
| Lawrence County Pennsylvania | 1 | $ 33,000 | $ 33,000 | $ 33,000 |
| Lebanon County Pennsylvania | 1 | $ 180,000 | $ 180,000 | $ 79,000 |
| Monroe County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 68,000 |
| Somerset County Pennsylvania | 1 | $ 40,000 | $ 40,000 | $ 72,000 |
| Harrisonburg County Virginia | 1 | $ 87,000 | $ 87,000 | $ 34,000 |
| Madison County Virginia | 1 | $ 212,000 | $ 212,000 | $ 103,000 |
| Norfolk County Virginia | 1 | $ 139,000 | $ 139,000 | $ 104,000 |
| Prince William County Virginia | 1 | $ 120,000 | $ 120,000 | $ 27,000 |
| Rockingham County Virginia | 1 | $ 150,000 | $ 150,000 | $ 119,000 |
| Virginia Beach County Virginia | 1 | $ 380,000 | $ 380,000 | $ 106,000 |
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.
Mortgage Loan Application Detail Totals for Midwest Loan Solutions, Inc. in 2015
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 | 225 | $31,299,000 | $139,000 | $600,000 | $92,000 | $4,342,000 |
| Refinancing | 85 | $11,613,000 | $136,000 | $417,000 | $81,000 | $275,000 |
| Home Improvement | 18 | $2,941,000 | $163,000 | $550,000 | $93,000 | $221,000 |
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 | 224 | $31,162,000 | $139,000 | $550,000 | $94,000 | $4,342,000 |
| Not Provided | 68 | $9,515,000 | $139,000 | $600,000 | $81,000 | $253,000 |
| Black or African American | 20 | $2,768,000 | $138,000 | $373,000 | $82,000 | $221,000 |
| Hispanic | 9 | $1,602,000 | $178,000 | $417,000 | $72,000 | $191,000 |
| Asian | 6 | $682,000 | $113,000 | $190,000 | $64,000 | $96,000 |
| American Indian or Alaskan Native | 1 | $124,000 | $124,000 | $124,000 | $32,000 | $32,000 |
| 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) | 324 | $45,572,000 | $140,000 | $600,000 | $90,000 | $4,342,000 |
| VA-guaranteed (Veterans Administration) | 4 | $281,000 | $70,000 | $116,000 | $48,000 | $73,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 82 | $11,032,000 | $134,000 | $550,000 | $68,000 | $233,000 |
| Preapproval Denied by Financial Institution | 73 | $9,878,000 | $135,000 | $600,000 | $123,000 | $4,342,000 |
| Loan Originated | 70 | $9,786,000 | $139,000 | $400,000 | $85,000 | $289,000 |
| File Closed For Incompleteness | 59 | $8,513,000 | $144,000 | $408,000 | $82,000 | $204,000 |
| Application Withdrawn By Applicant | 42 | $6,519,000 | $155,000 | $417,000 | $89,000 | $196,000 |
| Application Approved But Not Accepted | 2 | $125,000 | $62,000 | $80,000 | $71,000 | $76,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 1 | $112,000 | $112,000 | $112,000 | $38,000 | $38,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.