Midwest Loan Solutions, Inc.
Mortgage Loan Application
Totals and Details
for 2009

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 2003-2021.

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 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 988
Total Mortgage Loan Application Amount $139,172,000
Average Mortgage Loan Application Amount $118,333
Highest Mortgage Loan Application Amount $510,000
Average Applicant Income $71,666
Highest Applicant Income $531,000

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 2009

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
DOVER, DE 140 $ 21,818,000 $ 155,000 $ 87,000
STATE COLLEGE, PA 93 $ 14,068,000 $ 151,000 $ 86,000
WILMINGTON, DE-MD-NJ 48 $ 8,914,000 $ 157,666 $ 72,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 35 $ 4,075,000 $ 116,000 $ 76,000
VALLEJO-FAIRFIELD, CA 34 $ 5,806,000 $ 170,000 $ 90,000
PITTSBURGH, PA 33 $ 3,295,000 $ 99,000 $ 72,000
HONOLULU, HI 18 $ 5,402,000 $ 300,000 $ 103,000
PHILADELPHIA, PA 9 $ 2,066,000 $ 229,000 $ 107,000
CHICAGO-NAPERVILLE-JOLIET, IL 8 $ 2,076,000 $ 259,000 $ 122,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 6 $ 1,886,000 $ 314,000 $ 106,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 5 $ 997,000 $ 199,000 $ 149,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 5 $ 1,089,000 $ 217,000 $ 84,000
ALTOONA, PA 4 $ 465,000 $ 116,000 $ 64,000
ASHEVILLE, NC 4 $ 453,000 $ 113,000 $ 89,000
DENVER-AURORA-BROOMFIELD, CO 3 $ 525,000 $ 175,000 $ 82,000
LANSING-EAST LANSING, MI 3 $ 210,000 $ 70,000 $ 53,000
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 3 $ 866,000 $ 288,000 $ 72,000
OAKLAND-FREMONT-HAYWARD, CA 3 $ 1,134,000 $ 378,000 $ 169,000
OKLAHOMA CITY, OK 3 $ 429,000 $ 143,000 $ 103,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 3 $ 1,162,000 $ 387,000 $ 90,000
ANN ARBOR, MI 2 $ 216,000 $ 108,000 $ 113,000
BALTIMORE-TOWSON, MD 2 $ 412,000 $ 206,000 $ 80,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 2 $ 225,000 $ 112,500 $ 61,000
DALLAS-PLANO-IRVING, TX 2 $ 263,000 $ 131,000 $ 85,000
EDISON-NEW BRUNSWICK, NJ 2 $ 502,000 $ 251,000 $ 72,000
ERIE, PA 2 $ 319,000 $ 159,000 $ 98,000
FORT WORTH-ARLINGTON, TX 2 $ 153,000 $ 76,000 $ 56,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 2 $ 521,000 $ 260,000 $ 122,000
NAPA, CA 2 $ 391,000 $ 195,000 $ 137,000
NEW ORLEANS-METAIRIE-KENNER, LA 2 $ 184,000 $ 92,000 $ 33,000
RICHMOND, VA 2 $ 245,000 $ 122,000 $ 58,000
SANTA ANA-ANAHEIM-IRVINE, CA 2 $ 843,000 $ 421,000 $ 117,000
ST. LOUIS, MO-IL 2 $ 261,000 $ 130,000 $ 72,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 2 $ 468,000 $ 234,000 $ 166,500
APPLETON, WI 1 $ 316,000 $ 316,000 $ 126,000
BAKERSFIELD, CA 1 $ 401,000 $ 401,000 $ 114,000
BETHESDA-FREDERICK-ROCKVILLE, MD 1 $ 417,000 $ 417,000 $ 116,000
CAMDEN, NJ 1 $ 270,000 $ 270,000 $ 88,000
CAPE CORAL-FORT MYERS, FL 1 $ 65,000 $ 65,000 $ 91,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 1 $ 83,000 $ 83,000 $ 82,000
CHICO, CA 1 $ 56,000 $ 56,000 $ 155,000
COLORADO SPRINGS, CO 1 $ 167,000 $ 167,000 $ 42,000
COLUMBUS, OH 1 $ 84,000 $ 84,000 $ 114,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 1 $ 400,000 $ 400,000 $ 125,000
DETROIT-LIVONIA-DEARBORN, MI 1 $ 32,000 $ 32,000 $ 79,000
DULUTH, MN-WI 1 $ 73,000 $ 73,000 $ 64,000
FAYETTEVILLE, NC 1 $ 93,000 $ 93,000 $ 164,000
FORT SMITH, AR-OK 1 $ 150,000 $ 150,000 $ 69,000
FRESNO, CA 1 $ 92,000 $ 92,000 $ 49,000
GREEN BAY, WI 1 $ 165,000 $ 165,000 $ 105,000
GREENSBORO-HIGH POINT, NC 1 $ 148,000 $ 148,000 $ 77,000
HARRISBURG-CARLISLE, PA 1 $ 182,000 $ 182,000 $ 50,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 1 $ 104,000 $ 104,000 $ 39,000
JACKSON, TN 1 $ 98,000 $ 98,000 $ 27,000
JACKSONVILLE, NC 1 $ 95,000 $ 95,000 $ 33,000
JOHNSON CITY, TN 1 $ 76,000 $ 76,000 $ 86,000
KALAMAZOO-PORTAGE, MI 1 $ 86,000 $ 86,000 $ 72,000
LAKE CHARLES, LA 1 $ 59,000 $ 59,000 $ 20,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1 $ 390,000 $ 390,000 $ 120,000
LANCASTER, PA 1 $ 302,000 $ 302,000 $ 106,000
LAS VEGAS-PARADISE, NV 1 $ 54,000 $ 54,000 $ 176,000
LOUISVILLE-JEFFERSON COUNTY, KY-IN 1 $ 170,000 $ 170,000 $ 106,000
MADISON, WI 1 $ 153,000 $ 153,000 $ 194,000
MERCED, CA 1 $ 119,000 $ 119,000 $ 68,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 325,000 $ 325,000 $ 250,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $ 60,000 $ 60,000 $ 36,000
NEWARK-UNION, NJ-PA 1 $ 248,000 $ 248,000 $ 60,000
NORWICH-NEW LONDON, CT 1 $ 175,000 $ 175,000 $ 66,000
PHOENIX-MESA-SCOTTSDALE, AZ 1 $ 84,000 $ 84,000 $ 71,000
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME 1 $ 204,000 $ 204,000 $ 46,000
RALEIGH-CARY, NC 1 $ 252,000 $ 252,000 $ 36,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 1 $ 395,000 $ 395,000 $ 73,000
SAN LUIS OBISPO-PASO ROBLES, CA 1 $ 414,000 $ 414,000 $ 101,000
SOUTH BEND-MISHAWAKA, IN-MI 1 $ 140,000 $ 140,000 $ 47,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 1 $ 115,000 $ 115,000 $ 21,000
TRENTON-EWING, NJ 1 $ 196,000 $ 196,000 $ 118,000
TUCSON, AZ 1 $ 329,000 $ 329,000 $ 230,000
WEIRTON-STEUBENVILLE, WV-OH 1 $ 63,000 $ 63,000 $ 75,000
WILLIAMSPORT, PA 1 $ 232,000 $ 232,000 $ 203,000
WINSTON-SALEM, NC 1 $ 92,000 $ 92,000 $ 38,000
YORK-HANOVER, PA 1 $ 141,000 $ 141,000 $ 46,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $ 23,000 $ 23,000 $ 155,000

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 2009

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 815 $120,499,000 $147,000 $510,000 $82,000 $531,000
Home Purchase 167 $18,069,000 $108,000 $390,000 $64,000 $405,000
Home Improvement 6 $604,000 $100,000 $131,000 $69,000 $106,000

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 722 $95,965,000 $132,000 $510,000 $77,000 $531,000
Not Provided 173 $26,815,000 $155,000 $456,000 $88,000 $531,000
Black or African American 42 $7,230,000 $172,000 $482,000 $76,000 $214,000
Hispanic 25 $3,596,000 $143,000 $389,000 $73,000 $120,000
Asian 15 $2,855,000 $190,000 $417,000 $83,000 $154,000
Native Hawaiian or Other Pacific Islander 9 $2,506,000 $278,000 $507,000 $81,000 $166,000
American Indian or Alaskan Native 2 $205,000 $102,000 $114,000 $58,000 $87,000
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) 988 $139,172,000 $140,000 $510,000 $79,000 $531,000
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 647 $86,426,000 $133,000 $510,000 $79,000 $531,000
Application Approved But Not Accepted 206 $34,108,000 $165,000 $496,000 $90,000 $527,000
Application Denied By Financial Institution 95 $12,922,000 $136,000 $456,000 $55,000 $129,000
Application Withdrawn By Applicant 24 $4,042,000 $168,000 $482,000 $67,000 $176,000
Preapproval Denied by Financial Institution 15 $1,559,000 $103,000 $205,000 $57,000 $116,000
Preapproval Approved but not Accepted 1 $115,000 $115,000 $115,000 $49,000 $49,000
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
Debt-To-Income Ratio 34 $5,391,000 $158,000 $380,000 $48,000 $116,000
Credit History 25 $2,671,000 $106,000 $205,000 $54,000 $120,000
Collateral 24 $3,181,000 $132,000 $456,000 $63,000 $129,000
Mortgage Insurance Denied 11 $1,261,000 $114,000 $204,000 $60,000 $90,000
Other 10 $1,291,000 $129,000 $417,000 $54,000 $129,000
Insufficient Cash (Downpayment, Closing Cost) 3 $407,000 $135,000 $175,000 $77,000 $102,000
Unverifiable Information 2 $249,000 $124,000 $162,000 $54,000 $54,000
Employment History 1 $30,000 $30,000 $30,000 $26,000 $26,000
Credit Application Incomplete 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.

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