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(HMDA) records M Squared Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 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.
For a list of all lenders in Kansas, download the full spreadsheet
with aggregated HMDA statistics today.
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