Mjw Financial LLC dba Mjw Mortgage Mortgage Lending & HMDA Data, 2021

In 2021, Mjw Financial LLC dba Mjw Mortgage of Indianapolis, IN reported 2,300 mortgage applications totaling $595.5 million, up 46% from 2020. The average application was for $258,917, and applicants reported an average income of $110,346. 75% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Indianapolis-Carmel-Anderson, IN (2,063), Bloomington, IN (13) and Muncie, IN (13) (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 2,300
Total Mortgage Loan Application Amount $595,510,000
Average Mortgage Loan Application Amount $258,917
Highest Mortgage Loan Application Amount $885,000
Average Applicant Income $110,346
Highest Applicant Income $732,000

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Mjw Financial LLC dba Mjw Mortgage filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Mjw Financial LLC dba Mjw Mortgage by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Marion, Indiana 1,045 $ 247,695,000 $ 237,028 $ 108,000
Hamilton, Indiana 558 $ 175,170,000 $ 313,924 $ 125,000
Hendricks, Indiana 134 $ 33,350,000 $ 248,880 $ 87,000
Boone, Indiana 94 $ 30,290,000 $ 322,234 $ 127,000
Hancock, Indiana 85 $ 21,625,000 $ 254,411 $ 88,000
Johnson, Indiana 56 $ 13,060,000 $ 233,214 $ 98,000
Madison, Indiana 47 $ 9,675,000 $ 205,851 $ 75,000
Morgan, Indiana 23 $ 5,455,000 $ 237,173 $ 97,000
Shelby, Indiana 16 $ 3,140,000 $ 196,250 $ 82,000
Delaware, Indiana 13 $ 2,335,000 $ 179,615 $ 116,000
Monroe, Indiana 12 $ 3,320,000 $ 276,666 $ 154,000
Tippecanoe, Indiana 11 $ 2,055,000 $ 186,818 $ 76,000
Wayne, Indiana 9 $ 805,000 $ 89,444 $ 64,000
Grant, Indiana 8 $ 1,510,000 $ 188,750 $ 58,000
Henry, Indiana 7 $ 1,745,000 $ 249,285 $ 126,000
Lake, Indiana 7 $ 1,925,000 $ 275,000 $ 140,000
Tipton, Indiana 7 $ 1,315,000 $ 187,857 $ 54,000
Bartholomew, Indiana 6 $ 1,600,000 $ 266,666 $ 97,000
Howard, Indiana 6 $ 1,290,000 $ 215,000 $ 77,000
Vanderburgh, Indiana 6 $ 1,280,000 $ 213,333 $ 89,000
Vigo, Indiana 6 $ 620,000 $ 103,333 $ 70,000
Jasper, Indiana 5 $ 715,000 $ 143,000 $ 85,000
Allen, Indiana 4 $ 800,000 $ 200,000 $ 85,000
Brown, Indiana 4 $ 850,000 $ 212,500 $ 107,000
Blackford, Indiana 3 $ 655,000 $ 218,333 $ 81,000
Kosciusko, Indiana 3 $ 975,000 $ 325,000 $ 184,000
DuPage, Illinois 2 $ 510,000 $ 255,000 $ 196,000
Elkhart, Indiana 2 $ 550,000 $ 275,000 $ 149,000
LaGrange, Indiana 2 $ 690,000 $ 345,000 $ 195,000
Rush, Indiana 2 $ 230,000 $ 115,000 $ 30,000
St. Joseph, Indiana 2 $ 320,000 $ 160,000 $ 88,000
Washington, Indiana 2 $ 510,000 $ 255,000 $ 67,000
Cook, Illinois 1 $ 215,000 $ 215,000 $ 196,000
Cass, Indiana 1 $ 205,000 $ 205,000 $ 97,000
Clay, Indiana 1 $ 135,000 $ 135,000 $ 78,000
Decatur, Indiana 1 $ 165,000 $ 165,000 $ 46,000
Floyd, Indiana 1 $ 95,000 $ 95,000 $ 38,000
Gibson, Indiana 1 $ 235,000 $ 235,000 $ 189,000
LaPorte, Indiana 1 $ 225,000 $ 225,000 $ 108,000
Lawrence, Indiana 1 $ 235,000 $ 235,000 $ 111,000
Montgomery, Indiana 1 $ 125,000 $ 125,000 $ 28,000
Orange, Indiana 1 $ 235,000 $ 235,000 $ 84,000
Owen, Indiana 1 $ 95,000 $ 95,000 $ 89,000
Putnam, Indiana 1 $ 435,000 $ 435,000 $ 104,000
Ripley, Indiana 1 $ 205,000 $ 205,000 $ 65,000
Spencer, Indiana 1 $ 365,000 $ 365,000 $ 205,000
Union, Indiana 1 $ 325,000 $ 325,000 $ 172,000
Vermillion, Indiana 1 $ 205,000 $ 205,000 $ 100,000
Wabash, Indiana 1 $ 315,000 $ 315,000 $ 106,000
Wells, Indiana 1 $ 95,000 $ 95,000 $ 26,000
Whitley, Indiana 1 $ 245,000 $ 245,000 $ 154,000
Berrien, Michigan 1 $ 375,000 $ 375,000 $ 85,000
Stark, Ohio 1 $ 115,000 $ 115,000 $ 94,000

Mortgage Loan Application Detail Totals for Mjw Financial LLC dba Mjw Mortgage in 2021

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 1,428 $382,640,000 $267,000 $885,000 $105,000 $588,000
Refinancing 606 $148,730,000 $245,000 $885,000 $118,000 $618,000
Cash-out Refinancing 231 $57,805,000 $250,000 $775,000 $116,000 $732,000
Other Purpose 32 $5,770,000 $180,000 $415,000 $158,000 $667,000
Home Improvement 3 $565,000 $188,000 $285,000 $166,000 $323,000
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 1,943 $510,155,000 $262,000 $885,000 $112,000 $667,000
Black or African American 146 $35,980,000 $246,000 $545,000 $87,000 $311,000
Asian 105 $23,825,000 $226,000 $885,000 $133,000 $732,000
Hispanic 71 $16,895,000 $237,000 $485,000 $90,000 $258,000
Not Provided 9 $2,165,000 $240,000 $405,000 $125,000 $240,000
American Indian or Alaskan Native 8 $1,540,000 $192,000 $305,000 $76,000 $154,000
Native Hawaiian or Other Pacific Islander 2 $270,000 $135,000 $165,000 $125,000 $203,000
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) 2,079 $541,035,000 $260,000 $885,000 $114,000 $732,000
FHA-insured (Federal Housing Administration) 171 $39,835,000 $232,000 $425,000 $67,000 $213,000
VA-guaranteed (Veterans Administration) 46 $14,000,000 $304,000 $745,000 $102,000 $318,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $640,000 $160,000 $185,000 $53,000 $63,000

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 1,724 $451,070,000 $261,000 $745,000 $109,000 $496,000
Application Withdrawn By Applicant 499 $126,925,000 $254,000 $885,000 $123,000 $732,000
Application Denied By Financial Institution 72 $16,550,000 $229,000 $545,000 $60,000 $428,000
Application Approved But Not Accepted 5 $965,000 $193,000 $285,000 $134,000 $380,000
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 2,228 $578,960,000 $259,000 $885,000 $112,000 $732,000
Debt-To-Income Ratio 36 $8,330,000 $231,000 $545,000 $54,000 $428,000
Employment History 11 $2,275,000 $206,000 $375,000 $23,000 $130,000
Collateral 7 $1,975,000 $282,000 $475,000 $121,000 $250,000
Credit History 7 $1,595,000 $227,000 $335,000 $102,000 $135,000
Unverifiable Information 6 $1,120,000 $186,000 $345,000 $19,000 $60,000
Insufficient Cash (Downpayment, Closing Cost) 4 $1,140,000 $285,000 $405,000 $96,000 $161,000
Other 1 $115,000 $115,000 $115,000 $55,000 $55,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mjw Financial LLC dba Mjw Mortgage's 2021 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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