Milend Mortgage Rates, Fees & Info
Alpharetta, GALEI: 549300Q10M1VXBG2H889
Tax ID: 58-2200634
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Mortgage Data
Review & Overview
Milend is a smaller mortgage company specializing in Refi loans. Milend has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Atlanta, Washington, Tampa, Miami, and Virginia Beach among others. We have data for 146 markets. (Some data included below & more in-depth data is available with an active subscription.)Milend has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Milend is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.85% | 4/28/24 |
| 30 Year Conventional Refi | 6.91% | 4/28/24 |
| 30 Year Cash-out Refi | 6.27% | 4/28/24 |
| 30 Year FHA Purchase | 7.47% | 4/28/24 |
| 30 Year FHA Refi | 7.26% | 4/28/24 |
| 30 Year VA Purchase | 6.57% | 4/28/24 |
| 30 Year VA Refi | 6.71% | 4/28/24 |
| 30 Year USDA Purchase | 6.47% | 4/28/24 |
| 15 Year Conventional Purchase | 6.72% | 4/28/24 |
| 15 Year Conventional Refi | 6.68% | 4/28/24 |
| 15 Year Cash-out Refi | 6.68% | 4/28/24 |
| 15 Year FHA Refi | 7.24% | 4/28/24 |
| 15 Year VA Refi | 6.72% | 4/28/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,643Origination Dollar Volume (All Markets)
$494,545,000Awards
MILEND - 2022
MILEND is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 711 | $219,095,000 | $308,150 | $10,792 | 4.91% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 81 | $30,315,000 | $374,259 | $12,744 | 4.58% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 46 | $16,060,000 | $349,130 | $13,038 | 5.02% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 34 | $11,460,000 | $337,059 | $13,764 | 5.31% |
| Outside of Metro Areas | 42 | $11,120,000 | $264,762 | $10,048 | 4.81% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 40 | $10,880,000 | $272,000 | $11,120 | 4.98% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 28 | $9,600,000 | $342,857 | $13,591 | 5.03% |
| GAINESVILLE, GA (FHA|USDA|VA) | 29 | $9,235,000 | $318,448 | $9,479 | 4.76% |
| RICHMOND, VA (FHA|USDA|VA) | 34 | $9,070,000 | $266,765 | $11,438 | 4.92% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 24 | $8,530,000 | $355,417 | $14,257 | 5.17% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 26 | $8,370,000 | $321,923 | $14,883 | 5.01% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 24 | $7,750,000 | $322,917 | $10,347 | 4.95% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 23 | $7,315,000 | $318,043 | $16,211 | 5.34% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 21 | $6,835,000 | $325,476 | $11,467 | 4.57% |
| PITTSBURGH, PA (FHA|USDA|VA) | 20 | $5,940,000 | $297,000 | $11,907 | 4.41% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 22 | $5,500,000 | $250,000 | $8,112 | 4.60% |
| SAVANNAH, GA (FHA|USDA|VA) | 17 | $5,195,000 | $305,588 | $11,224 | 5.18% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 16 | $5,140,000 | $321,250 | $14,064 | 5.86% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 13 | $4,705,000 | $361,923 | $9,336 | 4.53% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 15 | $4,565,000 | $304,333 | $13,800 | 4.87% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 14 | $4,380,000 | $312,857 | $12,581 | 5.66% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 8 | $3,670,000 | $458,750 | $9,296 | 4.44% |
| KNOXVILLE, TN (FHA|USDA|VA) | 14 | $3,630,000 | $259,286 | $11,282 | 5.61% |
| Jefferson, GA (FHA|USDA|VA) | 11 | $3,245,000 | $295,000 | $10,684 | 4.60% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 12 | $2,630,000 | $219,167 | $10,373 | 5.59% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 10 | $2,370,000 | $237,000 | $8,243 | 5.26% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 8 | $2,350,000 | $293,750 | $15,344 | 5.22% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 8 | $2,350,000 | $293,750 | $12,890 | 4.80% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 11 | $2,255,000 | $205,000 | $7,298 | 5.56% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $1,995,000 | $285,000 | $12,620 | 5.66% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $1,965,000 | $280,714 | $13,667 | 5.20% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 7 | $1,945,000 | $277,857 | $9,329 | 4.39% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 8 | $1,920,000 | $240,000 | $10,620 | 4.92% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 8 | $1,840,000 | $230,000 | $9,896 | 5.27% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 6 | $1,790,000 | $298,333 | $13,954 | 4.73% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 5 | $1,675,000 | $335,000 | $8,270 | 4.72% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 6 | $1,620,000 | $270,000 | $10,539 | 4.67% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 5 | $1,515,000 | $303,000 | $12,895 | 5.38% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 6 | $1,390,000 | $231,667 | $12,223 | 5.65% |
| THE VILLAGES, FL (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $11,401 | 5.13% |
| OCALA, FL (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $13,379 | 6.08% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 5 | $1,325,000 | $265,000 | $9,597 | 4.92% |
| WILMINGTON, NC (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $9,920 | 5.15% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $6,455 | 5.32% |
| Sevierville, TN (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $13,411 | 4.97% |
| READING, PA (FHA|USDA|VA) | 6 | $1,190,000 | $198,333 | $10,156 | 6.13% |
| STAUNTON, VA (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $13,281 | 5.53% |
| ALBANY, GA (FHA|USDA|VA) | 5 | $1,145,000 | $229,000 | $11,196 | 5.10% |
| St. Marys, GA (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $6,858 | 4.84% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $5,513 | 4.19% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $18,504 | 5.25% |
| BURLINGTON, NC (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $7,224 | 4.38% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 5 | $1,005,000 | $201,000 | $8,471 | 4.63% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $12,202 | 5.59% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $15,785 | 6.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $14,614 | 5.42% |
| MONTGOMERY, AL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $14,027 | 5.81% |
| DALTON, GA (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $15,385 | 5.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $7,939 | 4.81% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $8,445 | 4.56% |
| ST. CLOUD, MN (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $8,140 | 4.75% |
| ROCHESTER, MN (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $7,722 | 4.50% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $9,436 | 5.33% |
| MORRISTOWN, TN (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $8,313 | 4.97% |
| Calhoun, GA (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $9,514 | 5.04% |
| LANCASTER, PA (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $10,825 | 4.29% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $15,461 | 5.31% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $11,653 | 5.18% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $13,826 | 4.94% |
| ROME, GA (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $10,679 | 5.38% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $10,506 | 4.79% |
| ROANOKE, VA (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $8,967 | 5.83% |
| Owatonna, MN (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $8,853 | 5.29% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $14,007 | 4.50% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $10,332 | 4.25% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $13,845 | 6.38% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $9,774 | 3.62% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $9,515 | 4.06% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $8,879 | 4.56% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $16,154 | 2.75% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $8,077 | 5.19% |
| DOTHAN, AL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $9,983 | 5.19% |
| Cedartown, GA (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $7,170 | 4.58% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,795 | 4.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $9,848 | 4.44% |
| CLEVELAND, TN (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $13,053 | 6.19% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $13,609 | 6.13% |
| Boone, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $7,302 | 3.88% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $7,732 | 6.63% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,376 | 4.87% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $14,030 | 4.38% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $18,473 | 4.25% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $14,297 | 7.25% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,973 | 5.75% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $7,412 | 4.25% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $15,413 | 3.25% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $16,105 | 6.25% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,301 | 4.38% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,826 | 3.88% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $14,898 | 5.25% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,907 | 5.13% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,662 | 6.63% |
| Austin, MN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,506 | 3.75% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,477 | 3.13% |
| Dublin, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $9,068 | 5.63% |
| Washington, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,136 | 5.38% |
| Seneca, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,141 | 6.50% |
| Lawrenceburg, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $18,163 | 5.13% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $16,452 | 5.25% |
| Sanford, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,162 | 4.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,367 | 4.38% |
| Newport, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $10,554 | 6.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $14,939 | 4.75% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,855 | 3.99% |
| Shelby, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,210 | 4.75% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,948 | 3.63% |
| Selma, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $13,877 | 6.13% |
| North Wilkesboro, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,163 | 3.75% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,898 | 7.13% |
| Lake City, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,507 | 5.25% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,495 | 2.63% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,819 | 6.50% |
| Martinsville, VA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,637 | 5.75% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,229 | 5.88% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,866 | 3.75% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,272 | 3.99% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $9,900 | 4.63% |
| Tifton, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,202 | 4.13% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,172 | 6.75% |
| Jesup, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,426 | 4.88% |
| New Castle, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $10,028 | 6.63% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,251 | 5.63% |
| Huntingdon, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $13,348 | 6.75% |
| New Ulm, MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,974 | 3.25% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,524 | 5.63% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,625 | 5.50% |
| ERIE, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $11,245 | 6.63% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,092 | 5.38% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,687 | 4.49% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,759 | 6.50% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $10,503 | 6.13% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $2,860 | 6.50% |
| ALTOONA, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,469 | 5.99% |
| Vidalia, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,200 | 5.63% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $7,231 | 5.63% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,751 | 4.50% |
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We use machine learning to identify the top lenders compared against MILEND based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Milend's most frequently originated type of loan was Conventional, with 921 originations. Their 2nd most popular type was FHA, with 533 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 1,380 | $401,640,000 | $291,043 | $11,397 | 4.92% |
| Home Purchase | 263 | $92,905,000 | $353,251 | $10,109 | 5.22% |
For 2022, Milend's most frequently cited loan purpose was Refi, with 1,380 originations. The 2nd most popular reason was Home Purchase, with 263 originations.
Loan Duration/Length
For 2022, Milend's most frequently cited loan duration was 30 Year, with 1,474 originations. The 2nd most popular length was 20 Year, with 101 originations.
Origination Fees/Closing Costs
Milend's average total fees were $11,715, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,123 originations.
Interest Rates
During 2022, Milend's average interest rate for loans was 4.98%, while their most frequently originated rate bucket for loans was 5-6%, with 523 originations.
Loan Sizing
2022 saw Milend place emphasis on $200k-400k loans with 1,076 originations, totaling $310,150,000 in origination value.
Applicant Income
Milend lent most frequently to those with incomes in the $100k-150k range, with 490 originations. The second most popular income band? $50k-75k, with 389 originations.
Applicant Debt to Income Ratio
Milend lent most frequently to those with DTI ratios of 50-60%, with 322 originations. The next most common DTI ratio? 30-36%, with 199 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.96%
Milend has an average approval rate.
Pick Rate
Approvals leading to origination-3.65%
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 | 1,643 | $494,545,000 | $301,001 |