Lender profile · HMDA 2023–2025
Milend, Inc. mortgage approval rates & lending data
Milend, Inc. decided 4,499 mortgage applications and funded 3,024 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 96% | 255 / 267 | 98% | $385K | 249 |
| Refinance | 70% | 2,904 / 4,168 | 94% | $245K | 2,736 |
| Investment refinance | 45% | 18 / 40 | 89% | $145K | 16 |
Milend, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 79% | $295K | 1,430 | 1,081 |
| Florida | 60% | $255K | 590 | 331 |
| North Carolina | 73% | $225K | 474 | 325 |
| Pennsylvania | 67% | $215K | 323 | 199 |
| Alabama | 71% | $185K | 306 | 205 |
| Virginia | 75% | $275K | 259 | 190 |
| Tennessee | 75% | $245K | 253 | 179 |
| Ohio | 61% | $195K | 204 | 114 |
| South Carolina | 64% | $195K | 190 | 114 |
| Massachusetts | 68% | $305K | 131 | 87 |
| Michigan | 61% | $195K | 105 | 57 |
| Maryland | 69% | $355K | 74 | 44 |
| Minnesota | 66% | $265K | 64 | 39 |
| Indiana | 67% | $185K | 48 | 31 |
| New Jersey | 64% | $295K | 45 | 26 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.