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 | 148 |
Total Mortgage Loan Application Amount | $38,000,000 |
Average Mortgage Loan Application Amount | $178,750 |
Highest Mortgage Loan Application Amount | $1,485,000 |
Average Applicant Income | $34,500 |
Highest Applicant Income | $171,000 |
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 | 12 | $ 6,260,000 | $ 521,000 | $ 30,000 |
Riverside County California | 7 | $ 2,255,000 | $ 322,000 | $ 43,000 |
Cook County Illinois | 7 | $ 1,295,000 | $ 185,000 | $ 25,000 |
San Bernardino County California | 5 | $ 1,555,000 | $ 311,000 | $ 24,000 |
Orange County California | 4 | $ 1,620,000 | $ 405,000 | $ 37,000 |
Oconto County Wisconsin | 4 | $ 1,050,000 | $ 262,000 | $ 31,000 |
Santa Clara County California | 3 | $ 1,955,000 | $ 651,000 | $ 82,000 |
Oakland County Michigan | 3 | $ 875,000 | $ 291,000 | $ 49,000 |
Brown County Wisconsin | 3 | $ 315,000 | $ 105,000 | $ 16,000 |
Jefferson County Colorado | 2 | $ 780,000 | $ 390,000 | $ 44,000 |
Martin County Florida | 2 | $ 620,000 | $ 310,000 | $ 47,000 |
Osceola County Florida | 2 | $ 310,000 | $ 155,000 | $ 14,000 |
DuPage County Illinois | 2 | $ 410,000 | $ 205,000 | $ 38,000 |
McHenry County Illinois | 2 | $ 380,000 | $ 190,000 | $ 41,000 |
Antrim County Michigan | 2 | $ 560,000 | $ 280,000 | $ 92,000 |
Benzie County Michigan | 2 | $ 320,000 | $ 160,000 | $ 44,000 |
Berrien County Michigan | 2 | $ 180,000 | $ 90,000 | $ 25,000 |
Wayne County Michigan | 2 | $ 190,000 | $ 95,000 | $ 23,000 |
Bergen County New Jersey | 2 | $ 760,000 | $ 380,000 | $ 31,000 |
Philadelphia County Pennsylvania | 2 | $ 320,000 | $ 160,000 | $ 48,000 |
Horry County South Carolina | 2 | $ 380,000 | $ 190,000 | $ 43,000 |
Tarrant County Texas | 2 | $ 490,000 | $ 245,000 | $ 33,000 |
Cache County Utah | 2 | $ 580,000 | $ 290,000 | $ 31,000 |
Calhoun County Alabama | 1 | $ 75,000 | $ 75,000 | $ 47,000 |
Merced County California | 1 | $ 215,000 | $ 215,000 | $ 29,000 |
San Diego County California | 1 | $ 565,000 | $ 565,000 | $ 18,000 |
Santa Barbara County California | 1 | $ 305,000 | $ 305,000 | $ 25,000 |
Ventura County California | 1 | $ 465,000 | $ 465,000 | $ 35,000 |
Yuba County California | 1 | $ 205,000 | $ 205,000 | $ 21,000 |
Adams County Colorado | 1 | $ 135,000 | $ 135,000 | $ 14,000 |
Arapahoe County Colorado | 1 | $ 275,000 | $ 275,000 | $ 24,000 |
Weld County Colorado | 1 | $ 235,000 | $ 235,000 | $ 34,000 |
District of Columbia County District Of Columbia | 1 | $ 345,000 | $ 345,000 | $ 25,000 |
Broward County Florida | 1 | $ 305,000 | $ 305,000 | $ 24,000 |
Manatee County Florida | 1 | $ 215,000 | $ 215,000 | $ 41,000 |
Marion County Florida | 1 | $ 105,000 | $ 105,000 | $ 28,000 |
Monroe County Florida | 1 | $ 445,000 | $ 445,000 | $ 21,000 |
Palm Beach County Florida | 1 | $ 125,000 | $ 125,000 | $ 26,000 |
Pasco County Florida | 1 | $ 205,000 | $ 205,000 | $ 30,000 |
Polk County Florida | 1 | $ 95,000 | $ 95,000 | $ 32,000 |
Sarasota County Florida | 1 | $ 465,000 | $ 465,000 | $ 21,000 |
Cobb County Georgia | 1 | $ 165,000 | $ 165,000 | $ 22,000 |
Fulton County Georgia | 1 | $ 135,000 | $ 135,000 | $ 17,000 |
Spalding County Georgia | 1 | $ 115,000 | $ 115,000 | $ 125,000 |
Kane County Illinois | 1 | $ 145,000 | $ 145,000 | $ 28,000 |
Tazewell County Illinois | 1 | $ 95,000 | $ 95,000 | $ 39,000 |
Johnson County Indiana | 1 | $ 85,000 | $ 85,000 | $ 17,000 |
Porter County Indiana | 1 | $ 95,000 | $ 95,000 | $ 13,000 |
Daviess County Kentucky | 1 | $ 85,000 | $ 85,000 | $ 19,000 |
East Baton Rouge County Louisiana | 1 | $ 125,000 | $ 125,000 | $ 51,000 |
Alcona County Michigan | 1 | $ 325,000 | $ 325,000 | $ 61,000 |
Allegan County Michigan | 1 | $ 295,000 | $ 295,000 | $ 27,000 |
Calhoun County Michigan | 1 | $ 105,000 | $ 105,000 | $ 26,000 |
Cheboygan County Michigan | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
Crawford County Michigan | 1 | $ 75,000 | $ 75,000 | $ 45,000 |
Delta County Michigan | 1 | $ 75,000 | $ 75,000 | $ 17,000 |
Grand Traverse County Michigan | 1 | $ 225,000 | $ 225,000 | $ 32,000 |
Ingham County Michigan | 1 | $ 45,000 | $ 45,000 | $ 27,000 |
Iron County Michigan | 1 | $ 205,000 | $ 205,000 | $ 59,000 |
Kent County Michigan | 1 | $ 425,000 | $ 425,000 | $ 0 |
Livingston County Michigan | 1 | $ 135,000 | $ 135,000 | $ 77,000 |
St. Clair County Michigan | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
St. Joseph County Michigan | 1 | $ 165,000 | $ 165,000 | $ 37,000 |
St. Charles County Missouri | 1 | $ 115,000 | $ 115,000 | $ 47,000 |
Morris County New Jersey | 1 | $ 315,000 | $ 315,000 | $ 65,000 |
Ocean County New Jersey | 1 | $ 185,000 | $ 185,000 | $ 25,000 |
Brunswick County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 16,000 |
Cleveland County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 14,000 |
Durham County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 41,000 |
Gaston County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 47,000 |
Nash County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 46,000 |
Franklin County Ohio | 1 | $ 85,000 | $ 85,000 | $ 18,000 |
Summit County Ohio | 1 | $ 75,000 | $ 75,000 | $ 22,000 |
Cherokee County Oklahoma | 1 | $ 145,000 | $ 145,000 | $ 45,000 |
Benton County Oregon | 1 | $ 225,000 | $ 225,000 | $ 66,000 |
Coos County Oregon | 1 | $ 145,000 | $ 145,000 | $ 65,000 |
Lane County Oregon | 1 | $ 245,000 | $ 245,000 | $ 58,000 |
Marion County Oregon | 1 | $ 155,000 | $ 155,000 | $ 24,000 |
Bucks County Pennsylvania | 1 | $ 435,000 | $ 435,000 | $ 70,000 |
Schuylkill County Pennsylvania | 1 | $ 325,000 | $ 325,000 | $ 47,000 |
Beaufort County South Carolina | 1 | $ 135,000 | $ 135,000 | $ 38,000 |
Lancaster County South Carolina | 1 | $ 85,000 | $ 85,000 | $ 13,000 |
Lexington County South Carolina | 1 | $ 335,000 | $ 335,000 | $ 64,000 |
Dallas County Texas | 1 | $ 145,000 | $ 145,000 | $ 15,000 |
Lubbock County Texas | 1 | $ 165,000 | $ 165,000 | $ 27,000 |
Rockwall County Texas | 1 | $ 375,000 | $ 375,000 | $ 21,000 |
Salt Lake County Utah | 1 | $ 355,000 | $ 355,000 | $ 23,000 |
Summit County Utah | 1 | $ 485,000 | $ 485,000 | $ 41,000 |
Weber County Utah | 1 | $ 205,000 | $ 205,000 | $ 36,000 |
Yakima County Washington | 1 | $ 185,000 | $ 185,000 | $ 22,000 |
Berkeley County West Virginia | 1 | $ 145,000 | $ 145,000 | $ 45,000 |
Calumet County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 16,000 |
Dane County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 19,000 |
Door County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 15,000 |
Walworth County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 15,000 |
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 | 117 | $32,825,000 | $280,000 | $1,485,000 | $36,000 | $171,000 |
Other Purpose | 27 | $4,745,000 | $175,000 | $525,000 | $31,000 | $125,000 |
Home Improvement | 3 | $255,000 | $85,000 | $135,000 | $55,000 | $144,000 |
Home Purchase | 1 | $175,000 | $175,000 | $175,000 | $16,000 | $16,000 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Cash-out Refinancing | 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 | 111 | $26,765,000 | $241,000 | $1,485,000 | $37,000 | $144,000 |
Hispanic | 19 | $5,565,000 | $292,000 | $525,000 | $24,000 | $48,000 |
Black or African American | 13 | $3,595,000 | $276,000 | $845,000 | $35,000 | $68,000 |
Not Provided | 3 | $645,000 | $215,000 | $325,000 | $18,000 | $38,000 |
Not applicable | 1 | $425,000 | $425,000 | $425,000 | $0 | $0 |
Asian | 1 | $1,005,000 | $1,005,000 | $1,005,000 | $171,000 | $171,000 |
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) | 139 | $32,535,000 | $234,000 | $605,000 | $34,000 | $144,000 |
Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 9 | $5,465,000 | $607,000 | $1,485,000 | $53,000 | $171,000 |
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 | 102 | $25,150,000 | $246,000 | $605,000 | $33,000 | $92,000 |
Application Denied By Financial Institution | 35 | $8,975,000 | $256,000 | $1,485,000 | $38,000 | $171,000 |
Application Approved But Not Accepted | 7 | $2,295,000 | $327,000 | $845,000 | $57,000 | $144,000 |
Application Withdrawn By Applicant | 3 | $1,155,000 | $385,000 | $445,000 | $41,000 | $50,000 |
Loan Purchased By The Institution | 1 | $425,000 | $425,000 | $425,000 | $0 | $0 |
Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
---|---|---|---|---|---|---|
Not applicable | 113 | $29,025,000 | $256,000 | $845,000 | $35,000 | $144,000 |
Collateral | 14 | $2,910,000 | $207,000 | $475,000 | $27,000 | $59,000 |
Other | 9 | $1,975,000 | $219,000 | $445,000 | $40,000 | $125,000 |
Credit History | 8 | $2,640,000 | $330,000 | $1,485,000 | $36,000 | $68,000 |
Credit Application Incomplete | 2 | $1,220,000 | $610,000 | $1,005,000 | $106,000 | $171,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $230,000 | $115,000 | $145,000 | $41,000 | $65,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Debt-To-Income Ratio | 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.