# M/I FINANCIAL, LLC

> **Canonical URL:** https://saferate.com/lenders/mi-financial


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


M/I FINANCIAL, LLC is a independent mortgage company, headquartered in UPPER ARLINGTON, OH, serving borrowers across 9 states, with 6,557 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 62% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 25% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300PXL1KA5TOL2O82
- **Headquarters:** UPPER ARLINGTON, OH
- **Geographic Reach:** Multi-Region
- **States Served:** 9
- **State List:** FL, IL, IN, MI, MN, NC, OH, TN, TX
- **Markets (MSAs):** 27
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 38/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 75/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.140%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $4,531
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 6,557
- **Dollar Volume:** $2.6 billion
- **Applications Received:** 8,417
- **Market Share:** 18.00%

## Typical Borrower Profile

- **Average Loan Amount:** $400,167
- **Average Borrower Income:** $160,851
- **Average Property Value:** $495,732

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (76%)
- ⭐ **Purchase Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 77/100 | 4,272 | +0.024% | $4,094 | Strong 😀 |
| FHA | 83/100 | 1,696 | -0.383% | $5,762 | Exceptional 🤩 |
| VA | 81/100 | 583 | -0.891% | $4,663 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 4,271 loans, Score: 79/100 (Strong)

**FHA:**
- Purchase: 1,696 loans, Score: 83/100 (Exceptional)

**VA:**
- Purchase: 583 loans, Score: 81/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 80/100 | 6,556 | $2.6B | -0.140% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 1,888 | 0.54% | 84/100 |
| FL | 1,261 | 0.43% | 78/100 |
| OH | 1,006 | 0.75% | 81/100 |
| NC | 690 | 0.47% | 75/100 |
| MN | 586 | 0.91% | 78/100 |
| IL | 489 | 0.39% | 75/100 |
| IN | 414 | 0.45% | 73/100 |
| MI | 182 | 0.16% | 63/100 |
| TN | 41 | 0.04% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Columbus, OH | OH | 654 | 90/100 |
| Dallas | TX | 642 | 82/100 |
| Minneapolis | MN-WI | 586 | 80/100 |
| Tampa, FL | FL | 505 | 83/100 |
| Houston | TX | 470 | 77/100 |
| Indianapolis | IN | 414 | 81/100 |
| Charlotte | NC-SC | 373 | 80/100 |
| San Antonio | TX | 364 | 76/100 |
| Orlando | FL | 363 | 79/100 |
| Austin | TX | 310 | 80/100 |
| North Port | FL | 306 | 87/100 |
| Chicago | IL | 283 | 71/100 |
| Raleigh | NC | 263 | 78/100 |
| Cincinnati, OH |  | 225 | 76/100 |
| Elgin, IL | IL | 161 | 81/100 |

## Where This Lender Ranks

M/I FINANCIAL, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Ohio for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/mortgage-companies/va-loans)
- 🥉 **#3** in Columbus, OH for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/mortgage-companies/va-loans)
- 🥉 **#3** in Indianapolis for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/mortgage-companies/va-loans)
- 🥉 **#3** in Ann Arbor, MI for FHA Loans
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Ann Arbor, MI for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in Columbus, OH for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in Elgin, IL for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/elgin-il/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#5** in Columbus, OH for VA Loans
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/va-loans)
- 🏆 **#5** in Tampa, FL for VA Loans
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/va-loans)
- 🏆 **#5** in Tampa, FL for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Indianapolis for VA Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/va-loans)
- 🏆 **#5** in North Port for VA Loans
  - [View Full Rankings](https://saferate.com/north-port/best-mortgage-lenders/va-loans)
- 🏆 **#5** in North Port for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/north-port/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#5** in Warren for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#6** in Ohio for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Columbus, OH for FHA Loans
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/fha-loans)
- 🏆 **#6** in Tampa, FL for FHA Loans
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/fha-loans)
- 🏆 **#6** in Tampa, FL for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Indianapolis for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in North Port for FHA Loans
  - [View Full Rankings](https://saferate.com/north-port/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does M/I FINANCIAL, LLC offer?

M/I FINANCIAL, LLC offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does M/I FINANCIAL, LLC offer mortgages?

M/I FINANCIAL, LLC offers mortgages in 9 states: FL, IL, IN, MI, MN, NC, OH, TN, TX.

### How competitive are M/I FINANCIAL, LLC's mortgage rates?

M/I FINANCIAL, LLC has a pricing score of 38/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.140% below market average.

### What type of lender is M/I FINANCIAL, LLC?

M/I FINANCIAL, LLC is a non-depository lender that specializes in mortgage origination, headquartered in UPPER ARLINGTON, OH.

### What is M/I FINANCIAL, LLC's loan approval success rate?

M/I FINANCIAL, LLC has a pull-through score of 75/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/mi-financial

### How to Cite

> "M/I FINANCIAL, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mi-financial

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