M Squared Financial LLC Mortgage Lending & HMDA Data, 2022

In 2022, M Squared Financial LLC of Prairie Village, KS reported 1,390 mortgage applications totaling $499.5 million. The average application was for $359,316, and applicants reported an average income of $133,237. 55% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Kansas City, MO-KS (627), Houston-The Woodlands-Sugar Land, TX (77) and Dallas-Plano-Irving, TX (49) (applications in parentheses).

Mortgage Company & Address M Squared Financial LLC
7501 Mission Rd Ste 200
Prairie Village, KS 66208
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  
Total Number of Mortgage Applications 1,390
Total Mortgage Loan Application Amount $499,450,000
Average Mortgage Loan Application Amount $359,316
Highest Mortgage Loan Application Amount $1,505,000
Average Applicant Income $133,237
Highest Applicant Income $1,102,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records M Squared Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for M Squared Financial LLC by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Kansas City, MO-KS 627 $ 181,295,000 $ 289,146 $ 115,582
Houston-The Woodlands-Sugar Land, TX 77 $ 32,915,000 $ 427,467 $ 173,000
Outside any metro area 57 $ 19,515,000 $ 342,368 $ 124,140
Dallas-Plano-Irving, TX 49 $ 23,305,000 $ 475,612 $ 146,000
San Antonio-New Braunfels, TX 40 $ 17,670,000 $ 441,750 $ 159,000
Austin-Round Rock, TX 36 $ 18,220,000 $ 506,111 $ 170,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 33 $ 17,455,000 $ 528,939 $ 158,878
Baltimore-Columbia-Towson, MD 29 $ 12,285,000 $ 423,620 $ 132,000
Denver-Aurora-Lakewood, CO 25 $ 12,485,000 $ 499,400 $ 147,000
Fort Worth-Arlington, TX 25 $ 10,055,000 $ 402,200 $ 167,000
Minneapolis-St. Paul-Bloomington, MN-WI 25 $ 10,885,000 $ 435,400 $ 144,000
Tampa-St. Petersburg-Clearwater, FL 23 $ 11,255,000 $ 489,347 $ 157,000
Chicago-Naperville, IL 22 $ 9,060,000 $ 411,818 $ 162,000
Virginia Beach-Norfolk-Newport News, VA-NC 22 $ 7,880,000 $ 358,181 $ 118,000
Orlando-Kissimmee-Sanford, FL 17 $ 6,935,000 $ 407,941 $ 176,000
Jacksonville, FL 13 $ 4,845,000 $ 372,692 $ 144,000
Killeen-Temple, TX 13 $ 4,605,000 $ 354,230 $ 118,000
Wichita, KS 13 $ 2,475,000 $ 190,384 $ 81,000
Cape Coral-Fort Myers, FL 11 $ 3,645,000 $ 331,363 $ 244,000
North Port-Sarasota-Bradenton, FL 9 $ 4,385,000 $ 487,222 $ 144,000
Washington-Baltimore-Arlington, DC 9 $ 6,075,000 $ 675,000 $ 209,000
Colorado Springs, CO 8 $ 3,920,000 $ 490,000 $ 96,000
Lawrence, KS 8 $ 2,090,000 $ 261,250 $ 97,000
St. Louis, MO-IL 8 $ 2,450,000 $ 306,250 $ 134,625
Palm Bay-Melbourne-Titusville, FL 7 $ 2,965,000 $ 423,571 $ 186,000
Raleigh, NC 7 $ 2,675,000 $ 382,142 $ 134,000
Richmond, VA 7 $ 3,125,000 $ 446,428 $ 156,000
Topeka, KS 7 $ 1,555,000 $ 222,142 $ 96,000
Crestview-Fort Walton Beach-Destin, FL 6 $ 2,510,000 $ 418,333 $ 139,000
Lake County-Kenosha County, IL-WI 6 $ 2,750,000 $ 458,333 $ 185,000
Charlotte-Concord-Gastonia, NC-SC 5 $ 1,525,000 $ 305,000 $ 98,000
Deltona-Daytona Beach-Ormond Beach, FL 5 $ 1,755,000 $ 351,000 $ 110,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 5 $ 1,925,000 $ 385,000 $ 109,000
Gainesville, FL 5 $ 2,735,000 $ 547,000 $ 193,000
Pensacola-Ferry Pass-Brent, FL 5 $ 1,265,000 $ 253,000 $ 80,000
St. Joseph, MO-KS 5 $ 1,145,000 $ 229,000 $ 76,000
Atlanta-Sandy Springs-Roswell, GA 4 $ 1,580,000 $ 395,000 $ 128,000
Fayetteville, NC 4 $ 1,240,000 $ 310,000 $ 106,000
Los Angeles-Long Beach-Glendale, CA 4 $ 3,510,000 $ 877,500 $ 243,000
McAllen-Edinburg-Mission, TX 4 $ 1,280,000 $ 320,000 $ 187,000
Miami-Miami Beach-Kendall, FL 4 $ 1,780,000 $ 445,000 $ 161,000
Panama City, FL 4 $ 990,000 $ 247,500 $ 99,000
West Palm Beach-Boca Raton-Delray Beach, FL 4 $ 1,800,000 $ 450,000 $ 135,000
Amarillo, TX 3 $ 925,000 $ 308,333 $ 100,000
Bakersfield, CA 3 $ 1,055,000 $ 351,666 $ 77,000
California-Lexington Park, MD 3 $ 975,000 $ 325,000 $ 166,000
Elgin, IL 3 $ 1,195,000 $ 398,333 $ 153,000
Midland, TX 3 $ 1,365,000 $ 455,000 $ 155,000
Naples-Immokalee-Marco Island, FL 3 $ 1,415,000 $ 471,666 $ 181,000
Ocala, FL 3 $ 985,000 $ 328,333 $ 110,000
Punta Gorda, FL 3 $ 1,325,000 $ 441,666 $ 200,000
Riverside-San Bernardino-Ontario, CA 3 $ 1,255,000 $ 418,333 $ 106,000
Springfield, MO 3 $ 1,255,000 $ 418,333 $ 116,000
Anaheim-Santa Ana-Irvine, CA 2 $ 1,310,000 $ 655,000 $ 140,000
Augusta-Richmond County, GA-SC 2 $ 650,000 $ 325,000 $ 167,000
Blacksburg-Christiansburg-Radford, VA 2 $ 370,000 $ 185,000 $ 162,000
Boulder, CO 2 $ 1,390,000 $ 695,000 $ 175,000
College Station-Bryan, TX 2 $ 660,000 $ 330,000 $ 111,000
Durham-Chapel Hill, NC 2 $ 780,000 $ 390,000 $ 386,000
Goldsboro, NC 2 $ 530,000 $ 265,000 $ 69,000
Greeley, CO 2 $ 660,000 $ 330,000 $ 117,000
Lynchburg, VA 2 $ 390,000 $ 195,000 $ 36,000
Modesto, CA 2 $ 1,120,000 $ 560,000 $ 136,000
Oakland-Hayward-Berkeley, CA 2 $ 1,500,000 $ 750,000 $ 157,000
Rochester, MN 2 $ 630,000 $ 315,000 $ 69,000
Rockford, IL 2 $ 660,000 $ 330,000 $ 137,000
Sacramento--Roseville--Arden-Arcade, CA 2 $ 1,000,000 $ 500,000 $ 146,000
Waco, TX 2 $ 630,000 $ 315,000 $ 93,000
Abilene, TX 1 $ 385,000 $ 385,000 $ 136,000
Asheville, NC 1 $ 605,000 $ 605,000 $ 162,000
El Paso, TX 1 $ 265,000 $ 265,000 $ 82,000
Fort Collins, CO 1 $ 405,000 $ 405,000 $ 58,000
Grand Junction, CO 1 $ 265,000 $ 265,000 $ 58,000
Hickory-Lenoir-Morganton, NC 1 $ 335,000 $ 335,000 $ 313,000
Jacksonville, NC 1 $ 435,000 $ 435,000 $ 89,000
Joplin, MO 1 $ 255,000 $ 255,000 $ 53,000
Kankakee, IL 1 $ 155,000 $ 155,000 $ 50,000
Lakeland-Winter Haven, FL 1 $ 255,000 $ 255,000 $ 121,000
Longview, TX 1 $ 325,000 $ 325,000 $ 95,000
Lubbock, TX 1 $ 255,000 $ 255,000 $ 89,000
Manhattan, KS 1 $ 395,000 $ 395,000 $ 87,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 335,000 $ 335,000 $ 150,000
Pueblo, CO 1 $ 475,000 $ 475,000 $ 120,000
Roanoke, VA 1 $ 515,000 $ 515,000 $ 241,000
Rocky Mount, NC 1 $ 505,000 $ 505,000 $ 169,000
Salisbury, MD-DE 1 $ 345,000 $ 345,000 $ 338,000
Savannah, GA 1 $ 305,000 $ 305,000 $ 93,000
Sebastian-Vero Beach, FL 1 $ 575,000 $ 575,000 $ 234,000
Sherman-Denison, TX 1 $ 495,000 $ 495,000 $ 137,000
Springfield, IL 1 $ 285,000 $ 285,000 $ 68,000
St. Cloud, MN 1 $ 325,000 $ 325,000 $ 175,000
Stockton-Lodi, CA 1 $ 465,000 $ 465,000 $ 182,000
Tallahassee, FL 1 $ 215,000 $ 215,000 $ 84,000
Tyler, TX 1 $ 205,000 $ 205,000 $ 113,000
Valdosta, GA 1 $ 255,000 $ 255,000 $ 56,000
Warner Robins, GA 1 $ 255,000 $ 255,000 $ 130,000
Wichita Falls, TX 1 $ 295,000 $ 295,000 $ 119,000
Wilmington, DE-MD-NJ 1 $ 435,000 $ 435,000 $ 64,000
Wilmington, NC 1 $ 325,000 $ 325,000 $ 477,000
Winchester, VA-WV 1 $ 405,000 $ 405,000 $ 147,000
Winston-Salem, NC 1 $ 255,000 $ 255,000 $ 59,000

Mortgage Loan Application Detail Totals for M Squared Financial LLC in 2022

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 1,220 $446,300,000 $365,000 $1,505,000 $134,000 $1,102,000
Cash-out Refinancing 140 $44,320,000 $316,000 $935,000 $123,000 $415,000
Refinancing 30 $8,830,000 $294,000 $645,000 $150,000 $451,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 855 $290,215,000 $339,000 $1,045,000 $129,000 $1,102,000
Black or African American 194 $72,680,000 $374,000 $1,505,000 $128,000 $449,000
Not Provided 153 $65,375,000 $427,000 $925,000 $155,000 $600,000
Hispanic 92 $30,790,000 $334,000 $1,425,000 $123,000 $575,000
Asian 89 $37,805,000 $424,000 $975,000 $157,000 $570,000
American Indian or Alaskan Native 7 $2,585,000 $369,000 $505,000 $109,000 $171,000
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) 968 $325,920,000 $336,000 $1,045,000 $136,000 $1,102,000
VA-guaranteed (Veterans Administration) 314 $141,730,000 $451,000 $1,505,000 $139,000 $542,000
FHA-insured (Federal Housing Administration) 108 $31,800,000 $294,000 $965,000 $88,000 $225,000
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 771 $250,705,000 $325,000 $725,000 $124,000 $1,102,000
Application Withdrawn By Applicant 545 $223,935,000 $410,000 $1,505,000 $148,000 $600,000
Application Approved But Not Accepted 54 $18,010,000 $333,000 $835,000 $131,000 $475,000
Application Denied By Financial Institution 20 $6,800,000 $340,000 $645,000 $88,000 $286,000
File Closed For Incompleteness 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
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 1,370 $492,650,000 $359,000 $1,505,000 $134,000 $1,102,000
Debt-To-Income Ratio 12 $5,050,000 $420,000 $645,000 $104,000 $286,000
Collateral 4 $910,000 $227,000 $405,000 $65,000 $91,000
Unverifiable Information 2 $480,000 $240,000 $315,000 $68,000 $73,000
Other 1 $105,000 $105,000 $105,000 $52,000 $52,000
Employment History 1 $255,000 $255,000 $255,000 $66,000 $66,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into M Squared Financial LLC's 2022 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess M Squared Financial LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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