Midwest Mortgage Associates Corp Mortgage Lending & HMDA Data, 2025

In 2025, Midwest Mortgage Associates Corp of Colorado Springs, CO reported 897 mortgage applications totaling $217.1 million, down 28% from 2024. The average application was for $241,978, and applicants reported an average income of $100,795. 52% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Joplin, MO (64), Kansas City, MO-KS (61) and Dallas-Plano-Irving, TX (51) (applications in parentheses).

Mortgage Company & Address Midwest Mortgage Associates Corp
5333 North Union Blvd - Suite 100
Colorado Springs, CO 80918
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 897
Total Mortgage Loan Application Amount $217,055,000
Average Mortgage Loan Application Amount $241,978
Highest Mortgage Loan Application Amount $1,225,000
Average Applicant Income $100,795
Highest Applicant Income $975,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Midwest Mortgage Associates Corp filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Midwest Mortgage Associates Corp in 2025

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 752 $181,230,000 $240,000 $1,225,000 $97,000 $975,000
Cash-out Refinancing 73 $15,125,000 $207,000 $545,000 $106,000 $500,000
Refinancing 70 $20,090,000 $287,000 $725,000 $134,000 $826,000
Home Improvement 2 $610,000 $305,000 $365,000 $176,000 $208,000
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 544 $132,740,000 $244,000 $1,225,000 $106,000 $975,000
Hispanic 115 $24,315,000 $211,000 $605,000 $85,000 $238,000
Not Provided 114 $26,390,000 $231,000 $845,000 $95,000 $330,000
Black or African American 81 $19,395,000 $239,000 $635,000 $87,000 $567,000
Asian 27 $9,625,000 $356,000 $615,000 $120,000 $259,000
American Indian or Alaskan Native 15 $4,355,000 $290,000 $1,045,000 $108,000 $450,000
Native Hawaiian or Other Pacific Islander 1 $235,000 $235,000 $235,000 $120,000 $120,000
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) 402 $98,120,000 $244,000 $1,045,000 $121,000 $975,000
FHA-insured (Federal Housing Administration) 358 $81,860,000 $228,000 $605,000 $82,000 $301,000
VA-guaranteed (Veterans Administration) 92 $28,840,000 $313,000 $1,225,000 $101,000 $287,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 45 $8,235,000 $183,000 $285,000 $71,000 $112,000

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 463 $118,695,000 $256,000 $1,225,000 $103,000 $715,000
Application Withdrawn By Applicant 400 $89,880,000 $224,000 $1,045,000 $98,000 $975,000
File Closed For Incompleteness 16 $3,700,000 $231,000 $525,000 $105,000 $396,000
Application Denied By Financial Institution 12 $3,030,000 $252,000 $475,000 $84,000 $218,000
Preapproval Approved but not Accepted 6 $1,750,000 $291,000 $415,000 $90,000 $165,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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 885 $214,025,000 $241,000 $1,225,000 $101,000 $975,000
Other 3 $785,000 $261,000 $475,000 $113,000 $218,000
Credit History 3 $585,000 $195,000 $355,000 $70,000 $97,000
Debt-To-Income Ratio 3 $775,000 $258,000 $445,000 $72,000 $90,000
Insufficient Cash (Downpayment, Closing Cost) 2 $710,000 $355,000 $395,000 $87,000 $95,000
Unverifiable Information 1 $175,000 $175,000 $175,000 $68,000 $68,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Midwest Mortgage Associates Corp's 2025 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 Midwest Mortgage Associates Corp'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 Colorado, download the full spreadsheet with aggregated HMDA statistics today.

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