M Squared Financial LLC Mortgage Lending & HMDA Data, 2023

In 2023, M Squared Financial LLC of Prairie Village, KS reported 276 mortgage applications totaling $95.8 million, down 80% from 2022. The average application was for $346,920, and applicants reported an average income of $143,597. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Kansas City, MO-KS (118), Dallas-Plano-Irving, TX (17) and Houston-The Woodlands-Sugar Land, TX (15) (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 276
Total Mortgage Loan Application Amount $95,750,000
Average Mortgage Loan Application Amount $346,920
Highest Mortgage Loan Application Amount $1,205,000
Average Applicant Income $143,597
Highest Applicant Income $692,000

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(HMDA) records M Squared Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2023

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 118 $ 35,260,000 $ 298,813 $ 130,864
Dallas-Plano-Irving, TX 17 $ 6,655,000 $ 391,470 $ 144,000
Houston-The Woodlands-Sugar Land, TX 15 $ 5,085,000 $ 339,000 $ 150,000
Outside any metro area 13 $ 4,265,000 $ 328,076 $ 166,923
Atlanta-Sandy Springs-Roswell, GA 8 $ 2,470,000 $ 308,750 $ 103,000
Baltimore-Columbia-Towson, MD 6 $ 2,440,000 $ 406,666 $ 207,000
Fort Worth-Arlington, TX 6 $ 2,320,000 $ 386,666 $ 159,000
Tampa-St. Petersburg-Clearwater, FL 6 $ 3,570,000 $ 595,000 $ 198,000
Virginia Beach-Norfolk-Newport News, VA-NC 6 $ 1,820,000 $ 303,333 $ 110,000
San Antonio-New Braunfels, TX 5 $ 1,795,000 $ 359,000 $ 246,000
Raleigh, NC 4 $ 1,330,000 $ 332,500 $ 122,000
Charlotte-Concord-Gastonia, NC-SC 3 $ 1,305,000 $ 435,000 $ 209,000
Killeen-Temple, TX 3 $ 865,000 $ 288,333 $ 100,000
Lake County-Kenosha County, IL-WI 3 $ 1,415,000 $ 471,666 $ 120,000
Minneapolis-St. Paul-Bloomington, MN-WI 3 $ 1,375,000 $ 458,333 $ 135,000
Palm Bay-Melbourne-Titusville, FL 3 $ 1,775,000 $ 591,666 $ 207,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 3 $ 1,485,000 $ 495,000 $ 134,000
Washington-Baltimore-Arlington, DC 3 $ 1,345,000 $ 448,333 $ 222,000
El Paso, TX 2 $ 550,000 $ 275,000 $ 104,000
Fayetteville, NC 2 $ 820,000 $ 410,000 $ 129,000
Greensboro-High Point, NC 2 $ 710,000 $ 355,000 $ 130,000
Lynchburg, VA 2 $ 380,000 $ 190,000 $ 66,000
Pensacola-Ferry Pass-Brent, FL 2 $ 690,000 $ 345,000 $ 124,000
Richmond, VA 2 $ 670,000 $ 335,000 $ 186,000
Riverside-San Bernardino-Ontario, CA 2 $ 920,000 $ 460,000 $ 124,000
St. Louis, MO-IL 2 $ 680,000 $ 340,000 $ 86,500
Topeka, KS 2 $ 500,000 $ 250,000 $ 77,000
Warner Robins, GA 2 $ 1,050,000 $ 525,000 $ 243,000
Wilmington, NC 2 $ 570,000 $ 285,000 $ 156,000
Austin-Round Rock, TX 1 $ 305,000 $ 305,000 $ 240,000
Bakersfield, CA 1 $ 285,000 $ 285,000 $ 103,000
Beaumont-Port Arthur, TX 1 $ 645,000 $ 645,000 $ 216,000
Boise City, ID 1 $ 325,000 $ 325,000 $ 83,000
Boulder, CO 1 $ 595,000 $ 595,000 $ 114,000
Charlottesville, VA 1 $ 715,000 $ 715,000 $ 256,000
Chicago-Naperville, IL 1 $ 505,000 $ 505,000 $ 191,000
College Station-Bryan, TX 1 $ 345,000 $ 345,000 $ 170,000
Crestview-Fort Walton Beach-Destin, FL 1 $ 335,000 $ 335,000 $ 101,000
Denver-Aurora-Lakewood, CO 1 $ 265,000 $ 265,000 $ 61,000
Fort Collins, CO 1 $ 575,000 $ 575,000 $ 158,000
Gainesville, GA 1 $ 375,000 $ 375,000 $ 109,000
Jacksonville, FL 1 $ 245,000 $ 245,000 $ 170,000
Jacksonville, NC 1 $ 265,000 $ 265,000 $ 100,000
Lakeland-Winter Haven, FL 1 $ 295,000 $ 295,000 $ 129,000
Lubbock, TX 1 $ 265,000 $ 265,000 $ 248,000
McAllen-Edinburg-Mission, TX 1 $ 345,000 $ 345,000 $ 119,000
Miami-Miami Beach-Kendall, FL 1 $ 435,000 $ 435,000 $ 79,000
Orlando-Kissimmee-Sanford, FL 1 $ 625,000 $ 625,000 $ 149,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 735,000 $ 735,000 $ 200,000
Port St. Lucie, FL 1 $ 235,000 $ 235,000 $ 370,000
Rochester, MN 1 $ 425,000 $ 425,000 $ 210,000
Rockford, IL 1 $ 355,000 $ 355,000 $ 150,000
Salisbury, MD-DE 1 $ 275,000 $ 275,000 $ 63,000
Sherman-Denison, TX 1 $ 325,000 $ 325,000 $ 150,000
Staunton-Waynesboro, VA 1 $ 635,000 $ 635,000 $ 267,000
Vallejo-Fairfield, CA 1 $ 475,000 $ 475,000 $ 92,000
Wichita, KS 1 $ 205,000 $ 205,000 $ 63,000
Winston-Salem, NC 1 $ 225,000 $ 225,000 $ 80,000

Mortgage Loan Application Detail Totals for M Squared Financial LLC in 2023

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 265 $92,455,000 $348,000 $1,205,000 $143,000 $692,000
Refinancing 11 $3,295,000 $299,000 $645,000 $158,000 $545,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 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 153 $51,915,000 $339,000 $1,205,000 $135,000 $609,000
Not Provided 81 $30,165,000 $372,000 $735,000 $160,000 $692,000
Black or African American 14 $4,450,000 $317,000 $525,000 $115,000 $372,000
Hispanic 14 $4,460,000 $318,000 $675,000 $135,000 $341,000
Asian 13 $4,475,000 $344,000 $715,000 $181,000 $353,000
American Indian or Alaskan Native 1 $285,000 $285,000 $285,000 $96,000 $96,000
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) 182 $58,620,000 $322,000 $725,000 $148,000 $692,000
VA-guaranteed (Veterans Administration) 67 $28,755,000 $429,000 $1,205,000 $150,000 $609,000
FHA-insured (Federal Housing Administration) 27 $8,375,000 $310,000 $575,000 $95,000 $158,000
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 276 $95,750,000 $346,000 $1,205,000 $143,000 $692,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 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 276 $95,750,000 $346,000 $1,205,000 $143,000 $692,000
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
Credit History 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into M Squared Financial LLC's 2023 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.
For a list of all lenders in Kansas, download the full spreadsheet with aggregated HMDA statistics today.

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