# MJW FINANCIAL LLC > **Canonical URL:** https://saferate.com/lenders/mjw-financial > **πŸ“‹ 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 MJW FINANCIAL LLC is a independent mortgage company, headquartered in Indianapolis, IN, serving borrowers across 7 states, with 1,233 loans originated in the most recent reporting period. **At a Glance:** - **Pricing:** Ranks in the top 51% of lenders for competitive rates - **Approval Rate:** Ranks in the top 29% for loan approval success ## Overview - **Institution Type:** Independent Mortgage Company - **LEI (Legal Entity Identifier):** 254900F3ZV3WV1ADSM47 - **Headquarters:** Indianapolis, IN - **Geographic Reach:** Multi-Region - **States Served:** 7 - **State List:** FL, IL, IN, KY, MI, OH, TN - **Markets (MSAs):** 5 - **Primary Channel:** Direct to Consumer - **Direct Origination:** 100% - **Brokered/Wholesale:** 0% ## Safe Rate Ratings ### Pricing: Sound ☺️ - Score: 49/100 - Rating: ●●●○○ (3/5) ### Pull Through: Strong πŸ˜€ - Score: 71/100 - Rating: ●●●●○ (4/5) ### Pricing Details - **Average Rate Spread:** +0.383% - *(Average of lender's APR minus market average APR)* - **Average Net Fees:** $1,621 - *(Borrower paid Origination Charges minus Lender Credits)* ### Lending Volume - **Total Loans:** 1,233 - **Dollar Volume:** $361 million - **Applications Received:** 1,631 - **Market Share:** 3.00% ## Typical Borrower Profile - **Average Loan Amount:** $292,843 - **Average Borrower Income:** $133,837 - **Average Property Value:** $356,841 ## Safe Rate Awards πŸ† - ⭐ **Conventional Gold Superstar** (63%) - ⭐ **FHA Gold Superstar** (63%) - ⭐ **VA Gold Superstar** (63%) - ⭐ **Purchase Gold Superstar** (63%) - ⭐ **Refinance Gold Superstar** (70%) ## Performance by Loan Product | Product | Score | Volume | Avg Spread | Avg Fees | Rating | |---------|-------|--------|------------|----------|--------| | Conventional | 72/100 | 938 | +0.375% | $1,598 | Strong πŸ˜€ | | FHA | 74/100 | 220 | +0.604% | $1,899 | Strong πŸ˜€ | | VA | 69/100 | 57 | -0.219% | $1,079 | Strong πŸ˜€ | | USDA | 71/100 | 14 | +0.535% | $1,200 | Strong πŸ˜€ | ### Product Performance by Purpose **Conventional:** - Purchase: 828 loans, Score: 73/100 (Strong) - Refinance: 110 loans, Score: 64/100 (Strong) **FHA:** - Purchase: 206 loans, Score: 74/100 (Strong) **VA:** - Purchase: 55 loans, Score: 69/100 (Strong) ## Performance by Loan Purpose | Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating | |---------|-------|--------|---------------|------------|--------| | Purchase | 75/100 | 1,105 | $321M | +0.420% | Strong πŸ˜€ | | Refinance | 63/100 | 128 | $40M | +0.131% | Strong πŸ˜€ | ## State Performance | State | Volume | Market Share | Place Score | |-------|--------|--------------|-------------| | IN | 1,221 | 1.34% | 90/100 | ## Top Metro Markets (MSAs) | Market | State | Volume | Place Score | |--------|-------|--------|-------------| | Indianapolis | IN | 1,020 | 97/100 | | Non | | 81 | 47/100 | | Kokomo, IN | IN | 48 | 79/100 | | Lafayette | IN | 23 | 54/100 | | Muncie, IN | IN | 13 | 46/100 | ## Where This Lender Ranks MJW FINANCIAL LLC appears in the following market rankings: ### Best Overall Mortgage Lenders - πŸ† **#4** in Indianapolis for USDA Loans - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/usda-loans) - πŸ† **#4** in Indianapolis for USDA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/mortgage-companies/usda-loans) - πŸ† **#4** in Kokomo, IN Mortgage Companies - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/mortgage-companies) - πŸ† **#5** in Indianapolis Mortgage Companies - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/mortgage-companies) - πŸ† **#5** in Kokomo, IN - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders) - πŸ† **#6** in Kokomo, IN for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#6** in Kokomo, IN for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#6** in Muncie, IN for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/muncie-in/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#7** in Indiana Mortgage Companies - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/mortgage-companies) - πŸ† **#7** in Indiana for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#7** in Indianapolis for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#7** in Kokomo, IN for FHA Loans - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/fha-loans) - πŸ† **#7** in Lafayette Mortgage Companies - [View Full Rankings](https://saferate.com/lafayette/best-mortgage-lenders/mortgage-companies) - πŸ† **#8** in Lafayette for Conventional Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/lafayette/best-mortgage-lenders/mortgage-companies/conventional-loans) - πŸ† **#9** in Indiana for USDA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/mortgage-companies/usda-loans) - πŸ† **#10** in Indiana for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#10** in Indianapolis for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#10** in Lafayette for FHA Loans (Mortgage Companies) - [View Full Rankings](https://saferate.com/lafayette/best-mortgage-lenders/mortgage-companies/fha-loans) - πŸ† **#12** in Kokomo, IN for Conventional Loans - [View Full Rankings](https://saferate.com/kokomo-in/best-mortgage-lenders/conventional-loans) - πŸ† **#12** in Muncie, IN for Conventional Loans - [View Full Rankings](https://saferate.com/muncie-in/best-mortgage-lenders/conventional-loans) ## Frequently Asked Questions ### What loan types does MJW FINANCIAL LLC offer? MJW FINANCIAL LLC offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis. ### Where does MJW FINANCIAL LLC offer mortgages? MJW FINANCIAL LLC offers mortgages in 7 states: FL, IL, IN, KY, MI, OH, TN. ### How competitive are MJW FINANCIAL LLC's mortgage rates? MJW FINANCIAL LLC has a pricing score of 49/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks. Their average rate spread is 0.383% above market average. ### What type of lender is MJW FINANCIAL LLC? MJW FINANCIAL LLC is a non-depository lender that specializes in mortgage origination, headquartered in Indianapolis, IN. ### What is MJW FINANCIAL LLC's loan approval success rate? MJW FINANCIAL LLC has a pull-through score of 71/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process. --- ## 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/mjw-financial ### How to Cite > "MJW FINANCIAL LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mjw-financial --- **[View Interactive Profile β†’](https://saferate.com/lenders/mjw-financial)**