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 | 237 |
Total Mortgage Loan Application Amount | $62,335,000 |
Average Mortgage Loan Application Amount | $268,000 |
Highest Mortgage Loan Application Amount | $1,745,000 |
Average Applicant Income | $26,250 |
Highest Applicant Income | $147,000 |
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 |
---|---|---|---|---|
Los Angeles County California | 13 | $ 6,755,000 | $ 519,000 | $ 34,000 |
Cook County Illinois | 12 | $ 3,020,000 | $ 251,000 | $ 32,000 |
Orange County California | 11 | $ 5,695,000 | $ 517,000 | $ 41,000 |
Riverside County California | 11 | $ 4,265,000 | $ 387,000 | $ 34,000 |
Oakland County Michigan | 9 | $ 1,775,000 | $ 197,000 | $ 40,000 |
Horry County South Carolina | 9 | $ 2,035,000 | $ 226,000 | $ 59,000 |
Monmouth County New Jersey | 7 | $ 2,085,000 | $ 297,000 | $ 39,000 |
Washtenaw County Michigan | 5 | $ 1,115,000 | $ 223,000 | $ 27,000 |
San Diego County California | 4 | $ 2,380,000 | $ 595,000 | $ 29,000 |
Lake County Illinois | 4 | $ 1,040,000 | $ 260,000 | $ 36,000 |
Macomb County Michigan | 4 | $ 900,000 | $ 225,000 | $ 64,000 |
Brown County Wisconsin | 4 | $ 580,000 | $ 145,000 | $ 25,000 |
San Bernardino County California | 3 | $ 1,025,000 | $ 341,000 | $ 31,000 |
Grand Traverse County Michigan | 3 | $ 595,000 | $ 198,000 | $ 46,000 |
Wayne County Michigan | 3 | $ 365,000 | $ 121,000 | $ 16,000 |
Bucks County Pennsylvania | 3 | $ 715,000 | $ 238,000 | $ 57,000 |
Outagamie County Wisconsin | 3 | $ 415,000 | $ 138,000 | $ 36,000 |
Mobile County Alabama | 2 | $ 240,000 | $ 120,000 | $ 21,000 |
Alameda County California | 2 | $ 1,130,000 | $ 565,000 | $ 37,000 |
Ventura County California | 2 | $ 1,000,000 | $ 500,000 | $ 36,000 |
Arapahoe County Colorado | 2 | $ 660,000 | $ 330,000 | $ 35,000 |
Douglas County Colorado | 2 | $ 770,000 | $ 385,000 | $ 67,000 |
Jefferson County Colorado | 2 | $ 510,000 | $ 255,000 | $ 22,000 |
District of Columbia County District Of Columbia | 2 | $ 710,000 | $ 355,000 | $ 13,000 |
Cherokee County Georgia | 2 | $ 410,000 | $ 205,000 | $ 26,000 |
DeKalb County Georgia | 2 | $ 410,000 | $ 205,000 | $ 15,000 |
Fulton County Georgia | 2 | $ 870,000 | $ 435,000 | $ 31,000 |
Gwinnett County Georgia | 2 | $ 480,000 | $ 240,000 | $ 23,000 |
Jackson County Georgia | 2 | $ 550,000 | $ 275,000 | $ 21,000 |
Union County Georgia | 2 | $ 570,000 | $ 285,000 | $ 21,000 |
DuPage County Illinois | 2 | $ 400,000 | $ 200,000 | $ 33,000 |
McHenry County Illinois | 2 | $ 290,000 | $ 145,000 | $ 44,000 |
St. Tammany County Louisiana | 2 | $ 340,000 | $ 170,000 | $ 46,000 |
Allegan County Michigan | 2 | $ 450,000 | $ 225,000 | $ 22,000 |
Montmorency County Michigan | 2 | $ 230,000 | $ 115,000 | $ 24,000 |
Douglas County Nebraska | 2 | $ 430,000 | $ 215,000 | $ 29,000 |
Camden County New Jersey | 2 | $ 250,000 | $ 125,000 | $ 42,000 |
Marion County Oregon | 2 | $ 320,000 | $ 160,000 | $ 45,000 |
Berkeley County South Carolina | 2 | $ 180,000 | $ 90,000 | $ 20,000 |
Dorchester County South Carolina | 2 | $ 330,000 | $ 165,000 | $ 37,000 |
Lexington County South Carolina | 2 | $ 270,000 | $ 135,000 | $ 39,000 |
Marion County South Carolina | 2 | $ 100,000 | $ 50,000 | $ 20,000 |
Davidson County Tennessee | 2 | $ 430,000 | $ 215,000 | $ 53,000 |
Berkeley County West Virginia | 2 | $ 260,000 | $ 130,000 | $ 26,000 |
Waukesha County Wisconsin | 2 | $ 480,000 | $ 240,000 | $ 45,000 |
Waupaca County Wisconsin | 2 | $ 400,000 | $ 200,000 | $ 29,000 |
Baldwin County Alabama | 1 | $ 255,000 | $ 255,000 | $ 22,000 |
Shelby County Alabama | 1 | $ 135,000 | $ 135,000 | $ 36,000 |
Imperial County California | 1 | $ 155,000 | $ 155,000 | $ 43,000 |
Napa County California | 1 | $ 375,000 | $ 375,000 | $ 23,000 |
San Luis Obispo County California | 1 | $ 415,000 | $ 415,000 | $ 41,000 |
Santa Clara County California | 1 | $ 575,000 | $ 575,000 | $ 14,000 |
Shasta County California | 1 | $ 165,000 | $ 165,000 | $ 33,000 |
Weld County Colorado | 1 | $ 145,000 | $ 145,000 | $ 20,000 |
Brevard County Florida | 1 | $ 145,000 | $ 145,000 | $ 55,000 |
Broward County Florida | 1 | $ 155,000 | $ 155,000 | $ 30,000 |
Duval County Florida | 1 | $ 85,000 | $ 85,000 | $ 13,000 |
Hillsborough County Florida | 1 | $ 95,000 | $ 95,000 | $ 42,000 |
Marion County Florida | 1 | $ 165,000 | $ 165,000 | $ 25,000 |
Martin County Florida | 1 | $ 165,000 | $ 165,000 | $ 25,000 |
Palm Beach County Florida | 1 | $ 225,000 | $ 225,000 | $ 23,000 |
Sarasota County Florida | 1 | $ 275,000 | $ 275,000 | $ 36,000 |
Murray County Georgia | 1 | $ 85,000 | $ 85,000 | $ 36,000 |
Muscogee County Georgia | 1 | $ 145,000 | $ 145,000 | $ 41,000 |
Spalding County Georgia | 1 | $ 85,000 | $ 85,000 | $ 28,000 |
Tippecanoe County Indiana | 1 | $ 85,000 | $ 85,000 | $ 24,000 |
Orleans County Louisiana | 1 | $ 105,000 | $ 105,000 | $ 23,000 |
Baltimore City County Maryland | 1 | $ 135,000 | $ 135,000 | $ 97,000 |
Prince George's County Maryland | 1 | $ 115,000 | $ 115,000 | $ 48,000 |
Alcona County Michigan | 1 | $ 295,000 | $ 295,000 | $ 38,000 |
Barry County Michigan | 1 | $ 75,000 | $ 75,000 | $ 28,000 |
Benzie County Michigan | 1 | $ 135,000 | $ 135,000 | $ 18,000 |
Emmet County Michigan | 1 | $ 115,000 | $ 115,000 | $ 14,000 |
Ionia County Michigan | 1 | $ 175,000 | $ 175,000 | $ 147,000 |
Jackson County Michigan | 1 | $ 435,000 | $ 435,000 | $ 68,000 |
Kalamazoo County Michigan | 1 | $ 125,000 | $ 125,000 | $ 26,000 |
Livingston County Michigan | 1 | $ 115,000 | $ 115,000 | $ 44,000 |
Marquette County Michigan | 1 | $ 155,000 | $ 155,000 | $ 26,000 |
Monroe County Michigan | 1 | $ 225,000 | $ 225,000 | $ 27,000 |
Oscoda County Michigan | 1 | $ 325,000 | $ 325,000 | $ 35,000 |
Van Buren County Michigan | 1 | $ 85,000 | $ 85,000 | $ 14,000 |
Hennepin County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 23,000 |
Pearl River County Mississippi | 1 | $ 105,000 | $ 105,000 | $ 30,000 |
Cass County Missouri | 1 | $ 165,000 | $ 165,000 | $ 42,000 |
Atlantic County New Jersey | 1 | $ 155,000 | $ 155,000 | $ 30,000 |
Bergen County New Jersey | 1 | $ 255,000 | $ 255,000 | $ 32,000 |
Passaic County New Jersey | 1 | $ 265,000 | $ 265,000 | $ 36,000 |
Somerset County New Jersey | 1 | $ 215,000 | $ 215,000 | $ 14,000 |
Union County New Jersey | 1 | $ 275,000 | $ 275,000 | $ 30,000 |
Carteret County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 31,000 |
Moore County North Carolina | 1 | $ 305,000 | $ 305,000 | $ 53,000 |
New Hanover County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 42,000 |
Stanly County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 56,000 |
Franklin County Ohio | 1 | $ 215,000 | $ 215,000 | $ 26,000 |
Crook County Oregon | 1 | $ 85,000 | $ 85,000 | $ 46,000 |
Jefferson County Oregon | 1 | $ 235,000 | $ 235,000 | $ 15,000 |
Delaware County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 32,000 |
Philadelphia County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 36,000 |
York County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 55,000 |
Cumberland County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 62,000 |
Rutherford County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 22,000 |
Dallas County Texas | 1 | $ 155,000 | $ 155,000 | $ 43,000 |
Denton County Texas | 1 | $ 175,000 | $ 175,000 | $ 22,000 |
Hays County Texas | 1 | $ 115,000 | $ 115,000 | $ 34,000 |
Cache County Utah | 1 | $ 195,000 | $ 195,000 | $ 22,000 |
Summit County Utah | 1 | $ 375,000 | $ 375,000 | $ 30,000 |
Washington County Utah | 1 | $ 345,000 | $ 345,000 | $ 40,000 |
Fauquier County Virginia | 1 | $ 315,000 | $ 315,000 | $ 27,000 |
Fluvanna County Virginia | 1 | $ 135,000 | $ 135,000 | $ 51,000 |
Frederick County Virginia | 1 | $ 205,000 | $ 205,000 | $ 28,000 |
Benton County Washington | 1 | $ 135,000 | $ 135,000 | $ 29,000 |
Thurston County Washington | 1 | $ 305,000 | $ 305,000 | $ 0 |
Harrison County West Virginia | 1 | $ 165,000 | $ 165,000 | $ 50,000 |
Adams County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 24,000 |
Door County Wisconsin | 1 | $ 455,000 | $ 455,000 | $ 133,000 |
Kewaunee County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 30,000 |
Marquette County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 32,000 |
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 |
---|---|---|---|---|---|---|
Cash-out Refinancing | 194 | $54,210,000 | $279,000 | $1,745,000 | $36,000 | $147,000 |
Other Purpose | 24 | $4,920,000 | $205,000 | $545,000 | $29,000 | $91,000 |
Home Purchase | 18 | $2,770,000 | $153,000 | $235,000 | $40,000 | $89,000 |
Refinancing | 1 | $435,000 | $435,000 | $435,000 | $0 | $0 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 192 | $46,890,000 | $244,000 | $1,745,000 | $36,000 | $147,000 |
Black or African American | 20 | $5,000,000 | $250,000 | $775,000 | $28,000 | $60,000 |
Hispanic | 15 | $6,375,000 | $425,000 | $1,065,000 | $33,000 | $69,000 |
Not Provided | 6 | $1,500,000 | $250,000 | $345,000 | $45,000 | $80,000 |
Asian | 3 | $2,135,000 | $711,000 | $1,715,000 | $44,000 | $97,000 |
Not applicable | 1 | $435,000 | $435,000 | $435,000 | $0 | $0 |
American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
Native Hawaiian or Other Pacific Islander | 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 |
---|---|---|---|---|---|---|
FHA-insured (Federal Housing Administration) | 221 | $51,195,000 | $231,000 | $575,000 | $35,000 | $147,000 |
Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 16 | $11,140,000 | $696,000 | $1,745,000 | $43,000 | $126,000 |
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 | 160 | $39,850,000 | $249,000 | $775,000 | $35,000 | $147,000 |
Application Denied By Financial Institution | 48 | $14,640,000 | $305,000 | $1,745,000 | $35,000 | $126,000 |
Application Withdrawn By Applicant | 21 | $6,355,000 | $302,000 | $1,065,000 | $43,000 | $80,000 |
Application Approved But Not Accepted | 6 | $940,000 | $156,000 | $295,000 | $29,000 | $43,000 |
File Closed For Incompleteness | 1 | $115,000 | $115,000 | $115,000 | $48,000 | $48,000 |
Loan Purchased By The Institution | 1 | $435,000 | $435,000 | $435,000 | $0 | $0 |
Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Preapproval Denied by Financial Institution | 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 |
---|---|---|---|---|---|---|
Not applicable | 189 | $47,695,000 | $252,000 | $1,065,000 | $36,000 | $147,000 |
Collateral | 15 | $4,805,000 | $320,000 | $1,745,000 | $29,000 | $62,000 |
Credit Application Incomplete | 11 | $2,325,000 | $211,000 | $375,000 | $36,000 | $119,000 |
Other | 11 | $3,495,000 | $317,000 | $645,000 | $32,000 | $126,000 |
Credit History | 7 | $3,235,000 | $462,000 | $1,715,000 | $48,000 | $72,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $360,000 | $180,000 | $225,000 | $74,000 | $97,000 |
Unverifiable Information | 1 | $115,000 | $115,000 | $115,000 | $22,000 | $22,000 |
Debt-To-Income Ratio | 1 | $305,000 | $305,000 | $305,000 | $0 | $0 |
Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Mortgage Insurance Denied | 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.