Milend Mortgage Rates, Fees & Info

Alpharetta, GA

LEI: 549300Q10M1VXBG2H889

Tax ID: 58-2200634

3.1 stars - out of 5 stars, based on 59 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Milend is a smaller mortgage company specializing in Refi and Cash Out Refi loans. Milend has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Atlanta, Washington, Charlotte, Minneapolis, and Philadelphia among others. Milend has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Milend is typically a high fee lendor.


Originations

3,471

Origination Dollar Volume (All Markets)

$956,145,000

Awards

MILEND  30 Year Conventional Loans bronze MILEND  FHA Loans silver
Show all (2) awards

Relative Rate

Milend 's average 30 year fixed rate mortgage of loans were 3.15%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0%.

Relative Fees

Milend 's average total fees for a 30 year fixed rate mortgage are $6,622.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1,755 $470,945,000 $268,345 $5,938 3.09%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 183 $61,245,000 $334,672 $7,298 3.20%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 108 $30,610,000 $283,426 $5,854 3.26%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 91 $24,995,000 $274,670 $6,212 3.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 69 $21,365,000 $309,638 $8,229 3.25%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 54 $20,520,000 $380,000 $6,348 3.00%
GAINESVILLE, GA (FHA|USDA|VA) 74 $19,730,000 $266,622 $5,691 2.96%
Outside of Metro Areas 71 $19,525,000 $275,000 $6,397 3.24%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 66 $18,190,000 $275,606 $6,485 3.22%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 54 $16,890,000 $312,778 $6,454 3.28%
RALEIGH-CARY, NC (FHA|USDA|VA) 53 $15,845,000 $298,962 $5,934 3.34%
JACKSONVILLE, FL (FHA|USDA|VA) 50 $14,160,000 $283,200 $7,034 3.39%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 46 $13,370,000 $290,652 $7,749 3.21%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 46 $13,260,000 $288,261 $6,802 3.47%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 42 $13,260,000 $315,714 $8,738 3.22%
RICHMOND, VA (FHA|USDA|VA) 40 $10,750,000 $268,750 $6,397 3.46%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 39 $10,175,000 $260,897 $6,209 3.08%
Jefferson, GA (FHA|USDA|VA) 30 $7,720,000 $257,333 $6,301 3.05%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 22 $5,970,000 $271,364 $7,513 3.20%
PITTSBURGH, PA (FHA|USDA|VA) 23 $5,875,000 $255,435 $7,090 3.51%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 19 $5,715,000 $300,789 $5,372 3.16%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 24 $5,340,000 $222,500 $6,283 3.02%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 16 $5,140,000 $321,250 $6,882 3.66%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 16 $4,220,000 $263,750 $7,002 3.27%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 17 $4,175,000 $245,588 $6,914 3.10%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 15 $3,975,000 $265,000 $7,326 3.33%
SAVANNAH, GA (FHA|USDA|VA) 17 $3,755,000 $220,882 $5,638 3.26%
WINSTON-SALEM, NC (FHA|USDA|VA) 11 $3,415,000 $310,455 $5,958 3.22%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 11 $3,345,000 $304,091 $6,365 3.23%
KNOXVILLE, TN (FHA|USDA|VA) 11 $3,345,000 $304,091 $6,333 3.26%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 9 $2,765,000 $307,222 $4,755 3.22%
ASHEVILLE, NC (FHA|USDA|VA) 12 $2,760,000 $230,000 $5,610 3.60%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 11 $2,735,000 $248,636 $5,029 3.22%
PORT ST. LUCIE, FL (FHA|USDA|VA) 9 $2,685,000 $298,333 $7,605 3.06%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 10 $2,600,000 $260,000 $5,614 3.34%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $2,495,000 $277,222 $7,643 3.63%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 13 $2,435,000 $187,308 $4,089 3.66%
WILMINGTON, NC (FHA|USDA|VA) 7 $2,345,000 $335,000 $8,972 3.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 11 $2,285,000 $207,727 $5,543 4.02%
LANCASTER, PA (FHA|USDA|VA) 9 $2,215,000 $246,111 $7,698 3.50%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 8 $2,060,000 $257,500 $7,074 2.97%
YORK-HANOVER, PA (FHA|USDA|VA) 8 $1,920,000 $240,000 $7,286 3.48%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,890,000 $315,000 $8,910 2.94%
WORCESTER, MA-CT (FHA|USDA|VA) 7 $1,835,000 $262,143 $6,713 2.71%
ROANOKE, VA (FHA|USDA|VA) 7 $1,785,000 $255,000 $6,333 3.28%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,780,000 $296,667 $7,571 3.25%
ROME, GA (FHA|USDA|VA) 8 $1,760,000 $220,000 $8,146 2.84%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $1,715,000 $343,000 $6,219 2.98%
Brainerd, MN (FHA|USDA|VA) 6 $1,650,000 $275,000 $7,084 3.31%
READING, PA (FHA|USDA|VA) 6 $1,630,000 $271,667 $7,677 3.10%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,625,000 $325,000 $6,701 3.30%
GETTYSBURG, PA (FHA|USDA|VA) 7 $1,555,000 $222,143 $6,449 3.93%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 7 $1,445,000 $206,429 $5,445 3.29%
BRUNSWICK, GA (FHA|USDA|VA) 6 $1,440,000 $240,000 $5,764 2.96%
WARNER ROBINS, GA (FHA|USDA|VA) 8 $1,420,000 $177,500 $4,580 2.92%
COLUMBUS, GA-AL (FHA|USDA|VA) 6 $1,320,000 $220,000 $5,724 3.54%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,315,000 $263,000 $5,480 3.15%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $1,280,000 $320,000 $6,173 3.13%
Boone, NC (FHA|USDA|VA) 5 $1,225,000 $245,000 $5,399 3.08%
THE VILLAGES, FL (FHA|USDA|VA) 4 $1,220,000 $305,000 $5,533 3.31%
MONTGOMERY, AL (FHA|USDA|VA) 4 $1,130,000 $282,500 $6,642 2.97%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $1,070,000 $267,500 $5,692 3.03%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,162 2.97%
BURLINGTON, NC (FHA|USDA|VA) 4 $1,040,000 $260,000 $7,381 3.09%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $1,025,000 $341,667 $5,914 3.75%
LYNCHBURG, VA (FHA|USDA|VA) 6 $1,020,000 $170,000 $5,849 3.98%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $1,015,000 $338,333 $6,011 3.75%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $980,000 $245,000 $4,791 3.06%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $955,000 $318,333 $7,777 2.96%
Calhoun, GA (FHA|USDA|VA) 4 $950,000 $237,500 $6,072 3.19%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $940,000 $235,000 $5,837 2.94%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $925,000 $308,333 $5,413 3.25%
DALTON, GA (FHA|USDA|VA) 3 $915,000 $305,000 $6,874 3.25%
WINCHESTER, VA-WV (FHA|USDA|VA) 3 $905,000 $301,667 $6,110 3.17%
LaGrange, GA-AL (FHA|USDA|VA) 4 $880,000 $220,000 $7,185 3.31%
MOBILE, AL (FHA|USDA|VA) 3 $835,000 $278,333 $12,057 3.58%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $805,000 $268,333 $8,436 3.08%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $770,000 $385,000 $9,450 3.38%
SPRINGFIELD, MA (FHA|USDA|VA) 3 $755,000 $251,667 $4,138 3.13%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $755,000 $251,667 $7,391 3.04%
DOTHAN, AL (FHA|USDA|VA) 3 $735,000 $245,000 $4,614 4.38%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $730,000 $182,500 $5,080 3.06%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $730,000 $365,000 $5,178 3.25%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $705,000 $235,000 $5,944 3.04%
Fergus Falls, MN (FHA|USDA|VA) 3 $705,000 $235,000 $5,097 3.83%
Cullowhee, NC (FHA|USDA|VA) 3 $675,000 $225,000 $4,625 3.92%
Ozark, AL (FHA|USDA|VA) 4 $640,000 $160,000 $4,210 3.28%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $640,000 $320,000 $8,482 3.19%
PANAMA CITY, FL (FHA|USDA|VA) 2 $530,000 $265,000 $6,384 3.00%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $520,000 $260,000 $4,646 3.13%
Marion, NC (FHA|USDA|VA) 1 $515,000 $515,000 $8,844 3.75%
STAUNTON, VA (FHA|USDA|VA) 2 $490,000 $245,000 $5,558 3.25%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $485,000 $161,667 $4,068 3.08%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $480,000 $240,000 $5,480 3.25%
Sanford, NC (FHA|USDA|VA) 2 $470,000 $235,000 $6,240 3.31%
Brevard, NC (FHA|USDA|VA) 2 $470,000 $235,000 $4,861 3.19%
VALDOSTA, GA (FHA|USDA|VA) 3 $435,000 $145,000 $3,868 4.00%
Thomaston, GA (FHA|USDA|VA) 2 $400,000 $200,000 $5,349 2.44%
Bemidji, MN (FHA|USDA|VA) 2 $400,000 $200,000 $6,675 3.81%
DECATUR, AL (FHA|USDA|VA) 1 $395,000 $395,000 $9,503 3.88%
Thomasville, GA (FHA|USDA|VA) 2 $380,000 $190,000 $5,058 2.88%
DULUTH, MN-WI (FHA|USDA|VA) 1 $365,000 $365,000 $7,384 3.50%
Roanoke Rapids, NC (FHA|USDA|VA) 2 $360,000 $180,000 $5,211 3.06%
Cedartown, GA (FHA|USDA|VA) 1 $345,000 $345,000 $6,784 3.38%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $335,000 $335,000 $9,839 2.88%
Cornelia, GA (FHA|USDA|VA) 2 $330,000 $165,000 $3,680 4.44%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,968 3.63%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $320,000 $160,000 $2,927 3.00%
Fort Payne, AL (FHA|USDA|VA) 1 $315,000 $315,000 $10,302 3.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $315,000 $315,000 $5,971 3.75%
Faribault-Northfield, MN (FHA|USDA|VA) 2 $310,000 $155,000 $6,831 2.44%
Forest City, NC (FHA|USDA|VA) 1 $305,000 $305,000 $6,507 3.00%
New Castle, PA (FHA|USDA|VA) 2 $300,000 $150,000 $4,457 4.38%
St. Marys, GA (FHA|USDA|VA) 2 $300,000 $150,000 $3,045 4.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $295,000 $295,000 $3,624 3.13%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $295,000 $295,000 $4,971 3.00%
Selinsgrove, PA (FHA|USDA|VA) 1 $295,000 $295,000 $12,684 2.50%
Red Wing, MN (FHA|USDA|VA) 1 $285,000 $285,000 $3,346 3.38%
Shelby, NC (FHA|USDA|VA) 1 $285,000 $285,000 $9,247 3.38%
Easton, MD (FHA|USDA|VA) 1 $275,000 $275,000 $11,140 2.25%
MANKATO, MN (FHA|USDA|VA) 2 $270,000 $135,000 $2,259 5.00%
PITTSFIELD, MA (FHA|USDA|VA) 1 $265,000 $265,000 $5,597 3.13%
Douglas, GA (FHA|USDA|VA) 1 $255,000 $255,000 $5,613 2.63%
Georgetown, SC (FHA|USDA|VA) 1 $255,000 $255,000 $3,401 3.00%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $255,000 $255,000 $6,555 2.88%
Albertville, AL (FHA|USDA|VA) 1 $255,000 $255,000 $5,687 2.88%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $255,000 $255,000 $3,898 3.00%
Enterprise, AL (FHA|USDA|VA) 1 $245,000 $245,000 $9,569 2.50%
Hutchinson, MN (FHA|USDA|VA) 1 $245,000 $245,000 $5,200 3.13%
GADSDEN, AL (FHA|USDA|VA) 1 $235,000 $235,000 $5,415 3.38%
GAINESVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $6,127 3.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $235,000 $235,000 $6,063 2.99%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $225,000 $225,000 $4,719 3.25%
Dublin, GA (FHA|USDA|VA) 1 $215,000 $215,000 $5,966 2.88%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $215,000 $215,000 $4,335 2.63%
Willmar, MN (FHA|USDA|VA) 1 $215,000 $215,000 $9,373 2.50%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $215,000 $215,000 $5,317 3.38%
ST. CLOUD, MN (FHA|USDA|VA) 1 $215,000 $215,000 $4,900 2.75%
GREENVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $9,810 3.00%
GOLDSBORO, NC (FHA|USDA|VA) 1 $205,000 $205,000 $4,286 2.50%
Owatonna, MN (FHA|USDA|VA) 1 $205,000 $205,000 $2,441 3.25%
OCALA, FL (FHA|USDA|VA) 1 $195,000 $195,000 $9,728 3.13%
Milledgeville, GA (FHA|USDA|VA) 1 $195,000 $195,000 $7,260 3.13%
NEW BERN, NC (FHA|USDA|VA) 1 $195,000 $195,000 $10,511 3.13%
Jesup, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,921 2.99%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $115,000 $115,000 $4,756 2.75%
Toccoa, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,252 3.38%
ALBANY, GA (FHA|USDA|VA) 1 $75,000 $75,000 $4,790 3.00%

Milend 's top markets include Atlanta, Washington, Charlotte, Minneapolis, and Philadelphia among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 3,025 $827,705,000 $273,621 $5,811 3.19%
FHA 291 $79,045,000 $271,632 $10,103 2.91%
VA 150 $48,490,000 $323,267 $7,677 3.21%
USDA 5 $905,000 $181,000 $6,118 3.08%

For the 2021 period, Milend 's most frequently originated loan type of loans were Conventional, with 3,025 originations. Their 2nd most popular type is FHA, with 291 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 2,167 $592,485,000 $273,413 $6,092 3.11%
Cash Out Refi 890 $236,560,000 $265,798 $6,608 3.34%
Home Purchase 414 $127,100,000 $307,005 $6,326 3.11%

For the 2021, Milend 's most frequently cited loan purpose of loans were Refi, with 2,167 originations. The 2nd most popular reason of loans were Cash Out Refi, with 890 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,772 $801,420,000 $289,113 $6,622 3.15%
15 Year 372 $80,640,000 $216,774 $4,686 3.04%
20 Year 236 $51,070,000 $216,398 $4,606 3.69%
Other 62 $17,310,000 $279,194 $6,168 2.96%
10 Year 29 $5,705,000 $196,724 $4,653 2.66%

For the 2021, Milend 's most frequently cited loan length of loans were 30 Year, with 2,772 originations. The 2nd most popular length of loans were 15 Year, with 372 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$3k-4k 1,373 $350,165,000 $255,036
$5k+ 811 $294,925,000 $363,656
$1k-2k 676 $189,880,000 $280,888
$2k-3k 461 $98,185,000 $212,983
$<1k 150 $22,990,000 $153,267

$6,622 of loans were Milend 's average total fees, while their most frequently occuring range of origination fees were in the $3k-4k bucket, with 1,373 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,565 $448,445,000 $286,546
2.5-3% 1,342 $375,970,000 $280,156
<2.5% 371 $102,825,000 $277,156
4-5% 85 $20,655,000 $243,000
5-6% 83 $6,615,000 $79,699
6-7% 25 $1,635,000 $65,400

During 2021, Milend 's average interest rate of loans were 3.15%, while their most frequently originated rate bucket of loans were 3-4%, with 1,565 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,159 $615,145,000 $284,921 $6,601 3.09%
$100k-200k 700 $111,200,000 $158,857 $4,731 3.11%
$400k-600k 448 $208,960,000 $466,429 $8,132 3.10%
$100,000 or less 148 $9,830,000 $66,419 $2,017 4.89%
$600k-1MM 16 $11,010,000 $688,125 $12,458 3.09%

2021 saw Milend place emphasis on $200k-400k loans with 2,159 originations, totaling $615,145,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 927 $280,815,000 $302,929 $6,384 3.21%
$50k-75k 872 $199,990,000 $229,346 $6,040 3.16%
$75k-100k 709 $187,185,000 $264,013 $6,373 3.18%
$150k-250k 486 $168,120,000 $345,926 $6,714 3.25%
$50k or less 348 $69,630,000 $200,086 $5,420 2.99%
$250k+ 125 $49,355,000 $394,840 $6,643 3.11%

Milend lent most frequently to those with incomes in the $100k-150k range, with 927 originations. The second most popular income band? $50k-75k, with 872 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 625 $172,605,000 $276,168 $5,941 3.18%
20-30% 544 $147,090,000 $270,386 $5,692 3.02%
44% 226 $63,710,000 $281,903 $6,441 3.18%
42% 185 $49,825,000 $269,324 $6,228 3.51%
43% 183 $50,845,000 $277,842 $6,598 3.19%
41% 165 $43,425,000 $263,182 $5,821 3.39%
39% 164 $43,280,000 $263,902 $6,106 3.38%
50-60% 161 $46,275,000 $287,422 $9,804 3.00%
38% 160 $43,760,000 $273,500 $6,255 3.31%
40% 160 $41,880,000 $261,750 $5,957 3.35%
<20% 145 $38,475,000 $265,345 $5,401 2.97%
36% 125 $36,925,000 $295,400 $6,053 3.18%
45% 117 $32,535,000 $278,077 $6,882 3.25%
37% 110 $31,130,000 $283,000 $6,254 3.22%
49% 108 $30,390,000 $281,389 $6,314 3.03%
47% 90 $25,420,000 $282,444 $6,414 3.00%
48% 75 $22,075,000 $294,333 $6,831 3.03%
46% 65 $17,975,000 $276,538 $6,827 3.08%
>60% 6 $1,750,000 $291,667 $6,966 3.25%

Milend lent most frequently to those with DTI ratios of 30-36%, with 625 originations. The next most common DTI ratio? 20-30%, with 544 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,730 $758,980,000 $278,015 $6,230 3.15%
Black 453 $120,825,000 $266,722 $6,486 3.24%
Not provided 164 $43,350,000 $264,329 $6,326 3.26%
Asian 114 $30,410,000 $266,754 $5,828 3.11%
American Indian 7 $1,695,000 $242,143 $5,396 3.89%
Asian Indian 2 $560,000 $280,000 $6,745 3.38%
Native Hawaiian 1 $325,000 $325,000 $4,709 2.50%

Approval Rates

Total approvals of all applications
93.03%

Milend has an average approval rate.

Pick Rate

Approvals leading to origination
46.49%

Milend has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 3,471 $956,145,000 $275,467

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,471 $956,145,000 $275,467

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 118 $18,160,000 $153,898 $3,578 3.74%
40-60% 500 $123,360,000 $246,720 $5,045 2.86%
60-80% 1,936 $560,330,000 $289,427 $6,453 3.15%
80-100% 822 $246,570,000 $299,964 $7,398 3.09%
Over 100% 9 $2,725,000 $302,778 $7,700 2.83%
Under 20% 86 $5,000,000 $58,140 $1,363 5.53%