M Squared Financial LLC Mortgage Lending & HMDA Data, 2024
In 2024, M Squared Financial LLC of Prairie Village, KS reported 876 mortgage applications totaling $262.2 million, up 217% from 2023. The average application was for $299,280, and applicants reported an average income of $0. 79% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Kansas City, MO-KS (676), Wichita, KS (22) and Houston-The Woodlands-Sugar Land, TX (14) (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 | 876 |
| Total Mortgage Loan Application Amount | $262,170,000 |
| Average Mortgage Loan Application Amount | $299,280 |
| Highest Mortgage Loan Application Amount | $1,025,000 |
| Average Applicant Income | $0 |
| Highest Applicant Income | $1,000 |
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(HMDA) records M Squared Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 676 | $ 196,000,000 | $ 289,940 | $ 0 |
| Outside any metro area | 29 | $ 7,555,000 | $ 260,517 | $ 0 |
| Wichita, KS | 22 | $ 5,160,000 | $ 234,545 | $ 0 |
| Houston-The Woodlands-Sugar Land, TX | 14 | $ 6,100,000 | $ 435,714 | $ 0 |
| Springfield, MO | 13 | $ 2,555,000 | $ 196,538 | $ 0 |
| Lawrence, KS | 11 | $ 2,875,000 | $ 261,363 | $ 0 |
| St. Joseph, MO-KS | 10 | $ 1,980,000 | $ 198,000 | $ 0 |
| Austin-Round Rock, TX | 8 | $ 3,500,000 | $ 437,500 | $ 0 |
| Arlington-Alexandria-Reston, VA-WV | 7 | $ 3,025,000 | $ 432,142 | $ 0 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 6 | $ 2,640,000 | $ 440,000 | $ 0 |
| St. Louis, MO-IL | 6 | $ 1,840,000 | $ 306,666 | $ 0 |
| Chicago-Naperville, IL | 5 | $ 2,665,000 | $ 533,000 | $ 0 |
| Tampa, FL | 4 | $ 1,560,000 | $ 390,000 | $ 0 |
| Crestview-Fort Walton Beach-Destin, FL | 3 | $ 1,485,000 | $ 495,000 | $ 0 |
| Dallas-Plano-Irving, TX | 3 | $ 1,195,000 | $ 398,333 | $ 0 |
| Denver-Aurora-Lakewood, CO | 3 | $ 1,795,000 | $ 598,333 | $ 0 |
| Fort Worth-Arlington, TX | 3 | $ 1,415,000 | $ 471,666 | $ 0 |
| Joplin, MO | 3 | $ 745,000 | $ 248,333 | $ 0 |
| Macon-Bibb County, GA | 3 | $ 205,000 | $ 68,333 | $ 0 |
| Raleigh, NC | 3 | $ 1,195,000 | $ 398,333 | $ 0 |
| Topeka, KS | 3 | $ 1,015,000 | $ 338,333 | $ 0 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 3 | $ 1,195,000 | $ 398,333 | $ 0 |
| Atlanta-Sandy Springs-Roswell, GA | 2 | $ 850,000 | $ 425,000 | $ 0 |
| Brownsville-Harlingen, TX | 2 | $ 590,000 | $ 295,000 | $ 0 |
| Cape Coral-Fort Myers, FL | 2 | $ 840,000 | $ 420,000 | $ 0 |
| Columbia, MO | 2 | $ 680,000 | $ 340,000 | $ 0 |
| Gainesville, GA | 2 | $ 580,000 | $ 290,000 | $ 0 |
| Manhattan, KS | 2 | $ 490,000 | $ 245,000 | $ 0 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 690,000 | $ 345,000 | $ 0 |
| Port St. Lucie, FL | 2 | $ 600,000 | $ 300,000 | $ 0 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 680,000 | $ 340,000 | $ 0 |
| Baltimore-Columbia-Towson, MD | 1 | $ 655,000 | $ 655,000 | $ 0 |
| Charlottesville, VA | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Chico, CA | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Colorado Springs, CO | 1 | $ 845,000 | $ 845,000 | $ 0 |
| Corpus Christi, TX | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 1 | $ 685,000 | $ 685,000 | $ 0 |
| Harrisonburg, VA | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Jacksonville, NC | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Killeen-Temple, TX | 1 | $ 485,000 | $ 485,000 | $ 0 |
| Ocala, FL | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Panama City, FL | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Riverside-San Bernardino-Ontario, CA | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Sacramento--Roseville--Arden-Arcade, CA | 1 | $ 575,000 | $ 575,000 | $ 0 |
| San Antonio-New Braunfels, TX | 1 | $ 375,000 | $ 375,000 | $ 0 |
| San Rafael, CA | 1 | $ 625,000 | $ 625,000 | $ 0 |
| Springfield, IL | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Warner Robins, GA | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Wildwood-The Villages, FL | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Winchester, VA-WV | 1 | $ 405,000 | $ 405,000 | $ 0 |
Mortgage Loan Application Detail Totals for M Squared Financial LLC in 2024
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 | 790 | $236,870,000 | $299,000 | $1,025,000 | $0 | $1,000 |
| Refinancing | 86 | $25,300,000 | $294,000 | $765,000 | $0 | $0 |
| 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 | 558 | $168,550,000 | $302,000 | $935,000 | $0 | $1,000 |
| Hispanic | 115 | $30,555,000 | $265,000 | $1,025,000 | $0 | $1,000 |
| Not Provided | 94 | $30,780,000 | $327,000 | $765,000 | $0 | $1,000 |
| Black or African American | 69 | $18,835,000 | $272,000 | $975,000 | $0 | $1,000 |
| Asian | 32 | $10,600,000 | $331,000 | $595,000 | $0 | $0 |
| American Indian or Alaskan Native | 7 | $2,625,000 | $375,000 | $715,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 1 | $225,000 | $225,000 | $225,000 | $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) | 556 | $165,120,000 | $296,000 | $935,000 | $0 | $1,000 |
| FHA-insured (Federal Housing Administration) | 224 | $59,190,000 | $264,000 | $505,000 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 96 | $37,860,000 | $394,000 | $1,025,000 | $0 | $0 |
| 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 | 688 | $206,770,000 | $300,000 | $975,000 | $0 | $1,000 |
| Application Withdrawn By Applicant | 172 | $50,960,000 | $296,000 | $935,000 | $0 | $1,000 |
| Application Denied By Financial Institution | 16 | $4,440,000 | $277,000 | $1,025,000 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 860 | $257,730,000 | $299,000 | $975,000 | $0 | $1,000 |
| Debt-To-Income Ratio | 8 | $1,270,000 | $158,000 | $285,000 | $0 | $0 |
| Employment History | 2 | $500,000 | $250,000 | $295,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $760,000 | $380,000 | $405,000 | $0 | $0 |
| Collateral | 2 | $1,270,000 | $635,000 | $1,025,000 | $0 | $0 |
| Credit History | 2 | $640,000 | $320,000 | $415,000 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 2024 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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