Mjw Financial LLC dba Mjw Mortgage Mortgage Lending & HMDA Data, 2025

In 2025, Mjw Financial LLC dba Mjw Mortgage of Indianapolis, IN reported 1,625 mortgage applications totaling $502.7 million, down 3% from 2024. The average application was for $309,350, and applicants reported an average income of $133,000. 75% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Indianapolis-Carmel-Anderson, IN (1,280), Kokomo, IN (116) and Lafayette-West Lafayette, IN (42) (applications in parentheses).

Mortgage Company & Address Mjw Financial LLC dba Mjw Mortgage
8465 Keystone Crossing #145
Indianapolis, IN 46240
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  
Total Number of Mortgage Applications 1,625
Total Mortgage Loan Application Amount $502,695,000
Average Mortgage Loan Application Amount $309,350
Highest Mortgage Loan Application Amount $1,445,000
Average Applicant Income $133,000
Highest Applicant Income $1,091,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mjw Financial LLC dba Mjw Mortgage filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mjw Financial LLC dba Mjw Mortgage 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 1,285 $394,125,000 $306,000 $1,445,000 $134,000 $1,091,000
Refinancing 246 $85,630,000 $348,000 $1,375,000 $129,000 $643,000
Cash-out Refinancing 70 $19,190,000 $274,000 $1,055,000 $119,000 $704,000
Other Purpose 20 $2,980,000 $149,000 $265,000 $158,000 $393,000
Home Improvement 4 $770,000 $192,000 $335,000 $178,000 $372,000
Not Applicable 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 1,389 $430,445,000 $309,000 $1,445,000 $134,000 $1,091,000
Black or African American 89 $25,915,000 $291,000 $635,000 $100,000 $293,000
Asian 64 $20,640,000 $322,000 $715,000 $187,000 $974,000
Hispanic 62 $18,860,000 $304,000 $725,000 $116,000 $410,000
American Indian or Alaskan Native 10 $2,770,000 $277,000 $485,000 $97,000 $171,000
Not Provided 10 $3,680,000 $368,000 $565,000 $149,000 $246,000
Native Hawaiian or Other Pacific Islander 1 $385,000 $385,000 $385,000 $168,000 $168,000
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) 1,181 $370,985,000 $314,000 $1,445,000 $149,000 $1,091,000
FHA-insured (Federal Housing Administration) 324 $86,550,000 $267,000 $535,000 $89,000 $308,000
VA-guaranteed (Veterans Administration) 104 $41,470,000 $398,000 $1,375,000 $100,000 $349,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $3,690,000 $230,000 $325,000 $79,000 $130,000

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 1,219 $376,215,000 $308,000 $1,445,000 $135,000 $1,091,000
Application Withdrawn By Applicant 359 $113,215,000 $315,000 $1,365,000 $130,000 $704,000
Application Denied By Financial Institution 36 $10,250,000 $284,000 $795,000 $107,000 $800,000
File Closed For Incompleteness 10 $2,730,000 $273,000 $635,000 $114,000 $374,000
Application Approved But Not Accepted 1 $285,000 $285,000 $285,000 $73,000 $73,000
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

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 1,589 $492,445,000 $309,000 $1,445,000 $134,000 $1,091,000
Debt-To-Income Ratio 13 $5,005,000 $385,000 $685,000 $99,000 $246,000
Employment History 8 $1,960,000 $245,000 $795,000 $75,000 $200,000
Collateral 6 $1,060,000 $176,000 $245,000 $71,000 $114,000
Other 4 $930,000 $232,000 $275,000 $72,000 $80,000
Unverifiable Information 2 $480,000 $240,000 $245,000 $485,000 $800,000
Credit History 2 $470,000 $235,000 $245,000 $107,000 $126,000
Insufficient Cash (Downpayment, Closing Cost) 1 $345,000 $345,000 $345,000 $90,000 $90,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mjw Financial LLC dba Mjw Mortgage'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 Mjw Financial LLC dba Mjw Mortgage'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 Indiana, download the full spreadsheet with aggregated HMDA statistics today.

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