Midwest Loan Solutions, Inc.
Mortgage Loan Application
Totals and Details
for 2006

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 422
Total Mortgage Loan Application Amount $52,250,000
Average Mortgage Loan Application Amount $123,000
Highest Mortgage Loan Application Amount $550,000
Average Applicant Income $54,000
Highest Applicant Income $220,000

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.

Mortgage Loan Application Totals for Midwest Loan Solutions, Inc. by Metropolitan Area in 2006

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CHICAGO-NAPERVILLE-JOLIET, IL 12 $ 2,699,000 $ 224,000 $ 101,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 10 $ 3,098,000 $ 309,000 $ 61,000
NEW ORLEANS-METAIRIE-KENNER, LA 9 $ 911,000 $ 101,000 $ 55,000
VALLEJO-FAIRFIELD, CA 7 $ 2,143,000 $ 306,000 $ 50,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 5 $ 877,000 $ 175,000 $ 74,000
DOVER, DE 5 $ 720,000 $ 144,000 $ 47,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 3 $ 682,000 $ 227,000 $ 65,000
HONOLULU, HI 3 $ 760,000 $ 253,000 $ 68,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 3 $ 786,000 $ 262,000 $ 87,000
WILMINGTON, DE-MD-NJ 3 $ 434,000 $ 144,000 $ 68,000
EDISON, NJ 2 $ 440,000 $ 220,000 $ 151,000
PHOENIX-MESA-SCOTTSDALE, AZ 2 $ 345,000 $ 172,000 $ 69,000
RICHMOND, VA 2 $ 323,000 $ 161,000 $ 96,000
SAN ANTONIO, TX 2 $ 201,000 $ 100,000 $ 75,000
TUCSON, AZ 2 $ 245,000 $ 122,000 $ 59,000
ABILENE, TX 1 $ 79,000 $ 79,000 $ 54,000
BAKERSFIELD, CA 1 $ 57,000 $ 57,000 $ 44,000
BETHESDA-GAITHERSBURG-FREDERICK, MD 1 $ 304,000 $ 304,000 $ 113,000
DALLAS-PLANO-IRVING, TX 1 $ 135,000 $ 135,000 $ 49,000
FORT WORTH-ARLINGTON, TX 1 $ 65,000 $ 65,000 $ 43,000
GRAND RAPIDS-WYOMING, MI 1 $ 132,000 $ 132,000 $ 82,000
HOUSTON-SUGAR LAND-BAYTOWN, TX 1 $ 128,000 $ 128,000 $ 72,000
KILLEEN-TEMPLE-FORT HOOD, TX 1 $ 94,000 $ 94,000 $ 71,000
MONROE, MI 1 $ 236,000 $ 236,000 $ 70,000
NAPA, CA 1 $ 388,000 $ 388,000 $ 77,000
NAPLES-MARCO ISLAND, FL 1 $ 284,000 $ 284,000 $ 80,000
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 160,000 $ 160,000 $ 132,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $ 107,000 $ 107,000 $ 44,000
PHILADELPHIA, PA 1 $ 96,000 $ 96,000 $ 60,000
PORT ST. LUCIE-FORT PIERCE, FL 1 $ 106,000 $ 106,000 $ 0
RACINE, WI 1 $ 120,000 $ 120,000 $ 70,000
RALEIGH-CARY, NC 1 $ 400,000 $ 400,000 $ 155,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 390,000 $ 390,000 $ 63,000
ROCKFORD, IL 1 $ 52,000 $ 52,000 $ 44,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 1 $ 288,000 $ 288,000 $ 104,000
SARASOTA-BRADENTON-VENICE, FL 1 $ 349,000 $ 349,000 $ 120,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 1 $ 323,000 $ 323,000 $ 99,000
TULSA, OK 1 $ 144,000 $ 144,000 $ 50,000
WARREN-TROY-FARMINGTON HILLS, MI 1 $ 24,000 $ 24,000 $ 54,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 1 $ 175,000 $ 175,000 $ 56,000
YUMA, AZ 1 $ 131,000 $ 131,000 $ 55,000

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 2006

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 221 $29,087,000 $131,000 $550,000 $54,000 $220,000
Home Purchase 201 $23,163,000 $115,000 $400,000 $54,000 $216,000
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 297 $32,154,000 $108,000 $417,000 $51,000 $220,000
Not Provided 80 $11,981,000 $149,000 $388,000 $63,000 $217,000
Black or African American 20 $2,864,000 $143,000 $350,000 $58,000 $108,000
Hispanic 18 $3,919,000 $217,000 $550,000 $55,000 $148,000
Asian 5 $1,174,000 $234,000 $327,000 $85,000 $149,000
American Indian or Alaskan Native 2 $158,000 $79,000 $100,000 $46,000 $63,000
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) 422 $52,250,000 $123,000 $550,000 $54,000 $220,000
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 232 $25,601,000 $110,000 $417,000 $52,000 $217,000
Preapproval Approved but not Accepted 50 $7,834,000 $156,000 $350,000 $58,000 $119,000
Application Approved But Not Accepted 48 $5,915,000 $123,000 $388,000 $50,000 $149,000
Application Withdrawn By Applicant 45 $6,976,000 $155,000 $550,000 $68,000 $220,000
Application Denied By Financial Institution 40 $5,359,000 $133,000 $390,000 $46,000 $107,000
Preapproval Denied by Financial Institution 7 $565,000 $80,000 $165,000 $41,000 $86,000
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 25 $3,084,000 $123,000 $350,000 $45,000 $107,000
Debt-To-Income Ratio 9 $1,493,000 $165,000 $390,000 $45,000 $71,000
Collateral 6 $563,000 $93,000 $215,000 $32,000 $54,000
Other 4 $371,000 $92,000 $134,000 $59,000 $102,000
Credit Application Incomplete 1 $265,000 $265,000 $265,000 $66,000 $66,000
Employment History 1 $28,000 $28,000 $28,000 $42,000 $42,000
Insufficient Cash (Downpayment, Closing Cost) 1 $120,000 $120,000 $120,000 $70,000 $70,000
Mortgage Insurance Denied 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.

Download the Michigan Lender List