Milend, Inc Mortgage Lending & HMDA Data, 2024

In 2024, Milend, Inc of Alpharetta, GA reported 4,767 mortgage applications totaling $1.2 billion, up 3% from 2023. The average application was for $258,505, and applicants reported an average income of $89,687. 30% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (676), Marietta, GA (251) and Charlotte-Concord-Gastonia, NC-SC (150) (applications in parentheses).

Mortgage Company & Address Milend, Inc
375 Northridge Rd, Suite 600
Alpharetta, GA 30009
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  
Total Number of Mortgage Applications 4,767
Total Mortgage Loan Application Amount $1,232,295,000
Average Mortgage Loan Application Amount $258,505
Highest Mortgage Loan Application Amount $2,925,000
Average Applicant Income $89,687
Highest Applicant Income $1,200,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Milend, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Milend, Inc by Metropolitan Area in 2024

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Atlanta-Sandy Springs-Roswell, GA 676 $ 203,570,000 $ 301,139 $ 107,000
Outside any metro area 576 $ 120,380,000 $ 208,993 $ 73,539
Marietta, GA 251 $ 84,625,000 $ 337,151 $ 113,000
Charlotte-Concord-Gastonia, NC-SC 150 $ 39,550,000 $ 263,666 $ 84,000
Virginia Beach-Norfolk-Newport News, VA-NC 102 $ 27,410,000 $ 268,725 $ 84,813
Richmond, VA 91 $ 22,715,000 $ 249,615 $ 81,000
Birmingham-Hoover, AL 88 $ 19,460,000 $ 221,136 $ 82,000
Arlington-Alexandria-Reston, VA-WV 87 $ 37,445,000 $ 430,402 $ 119,000
Orlando-Kissimmee-Sanford, FL 85 $ 22,985,000 $ 270,411 $ 78,000
Jacksonville, FL 80 $ 22,000,000 $ 275,000 $ 95,000
Nashville-Davidson--Murfreesboro--Franklin, TN 79 $ 23,085,000 $ 292,215 $ 89,000
Tampa, FL 67 $ 18,785,000 $ 280,373 $ 84,000
Raleigh, NC 64 $ 19,350,000 $ 302,343 $ 89,000
Pittsburgh, PA 60 $ 13,140,000 $ 219,000 $ 91,000
Montgomery County-Bucks County-Chester County, PA 56 $ 17,160,000 $ 306,428 $ 113,000
Minneapolis-St. Paul-Bloomington, MN-WI 53 $ 14,415,000 $ 271,981 $ 105,000
Augusta-Richmond County, GA-SC 52 $ 12,130,000 $ 233,269 $ 89,423
Cincinnati, OH-KY-IN 50 $ 11,780,000 $ 235,600 $ 91,240
Columbus, OH 49 $ 10,075,000 $ 205,612 $ 75,000
Columbia, SC 48 $ 10,340,000 $ 215,416 $ 75,000
Huntsville, AL 48 $ 10,570,000 $ 220,208 $ 83,000
West Palm Beach-Boca Raton-Delray Beach, FL 48 $ 16,170,000 $ 336,875 $ 121,000
Warren-Troy-Farmington Hills, MI 46 $ 9,240,000 $ 200,869 $ 74,000
Knoxville, TN 43 $ 12,545,000 $ 291,744 $ 81,000
Memphis, TN-MS-AR 42 $ 10,290,000 $ 245,000 $ 87,000
Philadelphia, PA 42 $ 9,510,000 $ 226,428 $ 86,000
Winston-Salem, NC 42 $ 8,700,000 $ 207,142 $ 71,000
Savannah, GA 40 $ 10,730,000 $ 268,250 $ 94,000
Montgomery, AL 39 $ 6,995,000 $ 179,358 $ 62,000
Cleveland, OH 38 $ 7,640,000 $ 201,052 $ 80,000
Greensboro-High Point, NC 36 $ 7,080,000 $ 196,666 $ 70,000
Kingsport-Bristol-Bristol, TN-VA 35 $ 7,175,000 $ 205,000 $ 67,000
Miami-Miami Beach-Kendall, FL 35 $ 10,935,000 $ 312,428 $ 88,000
Columbus, GA-AL 34 $ 6,910,000 $ 203,235 $ 85,235
Mobile, AL 34 $ 6,800,000 $ 200,000 $ 69,000
Charleston-North Charleston, SC 31 $ 7,575,000 $ 244,354 $ 77,000
Durham-Chapel Hill, NC 30 $ 8,270,000 $ 275,666 $ 98,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 30 $ 9,830,000 $ 327,666 $ 88,000
Fayetteville, NC 29 $ 6,395,000 $ 220,517 $ 81,000
Warner Robins, GA 29 $ 6,525,000 $ 225,000 $ 84,000
Chattanooga, TN-GA 25 $ 5,885,000 $ 235,400 $ 75,560
Greenville-Anderson-Mauldin, SC 25 $ 5,415,000 $ 216,600 $ 70,000
Macon-Bibb County, GA 25 $ 6,025,000 $ 241,000 $ 95,000
Auburn-Opelika, AL 24 $ 5,710,000 $ 237,916 $ 113,000
Clarksville, TN-KY 24 $ 5,510,000 $ 229,583 $ 73,000
Boston, MA 23 $ 8,435,000 $ 366,739 $ 142,000
Pensacola-Ferry Pass-Brent, FL 23 $ 5,085,000 $ 221,086 $ 73,000
St. Petersburg-Clearwater-Largo, FL 23 $ 6,135,000 $ 266,739 $ 103,000
Tuscaloosa, AL 23 $ 4,045,000 $ 175,869 $ 71,000
Baltimore-Columbia-Towson, MD 22 $ 6,580,000 $ 299,090 $ 105,000
Port St. Lucie, FL 22 $ 6,260,000 $ 284,545 $ 84,000
Cambridge-Newton-Framingham, MA 21 $ 8,085,000 $ 385,000 $ 123,000
Gainesville, GA 21 $ 6,055,000 $ 288,333 $ 125,000
Lakeland-Winter Haven, FL 21 $ 4,825,000 $ 229,761 $ 78,000
Worcester, MA-CT 21 $ 6,795,000 $ 323,571 $ 102,000
Allentown-Bethlehem-Easton, PA-NJ 20 $ 4,980,000 $ 249,000 $ 74,000
Dayton-Springfield-Kettering, OH 20 $ 3,650,000 $ 182,500 $ 85,000
Deltona-Daytona Beach-Ormond Beach, FL 19 $ 4,695,000 $ 247,105 $ 78,000
Grand Rapids-Wyoming, MI 19 $ 4,045,000 $ 212,894 $ 76,000
Scranton--Wilkes-Barre--Hazleton, PA 18 $ 4,010,000 $ 222,777 $ 105,000
Athens-Clarke County, GA 17 $ 5,005,000 $ 294,411 $ 89,000
Cape Coral-Fort Myers, FL 17 $ 5,185,000 $ 305,000 $ 96,000
Daphne-Fairhope-Foley, AL 17 $ 3,805,000 $ 223,823 $ 95,000
Hickory-Lenoir-Morganton, NC 17 $ 3,755,000 $ 220,882 $ 80,000
Lancaster, PA 17 $ 4,255,000 $ 250,294 $ 107,000
Providence-Warwick, RI-MA 17 $ 5,675,000 $ 333,823 $ 116,000
Reading, PA 17 $ 3,665,000 $ 215,588 $ 88,000
Roanoke, VA 17 $ 3,565,000 $ 209,705 $ 85,000
Spartanburg, SC 17 $ 3,695,000 $ 217,352 $ 69,000
Dothan, AL 16 $ 3,550,000 $ 221,875 $ 86,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 16 $ 3,390,000 $ 211,875 $ 86,000
North Port-Sarasota-Bradenton, FL 16 $ 4,690,000 $ 293,125 $ 99,000
Ocala, FL 16 $ 3,780,000 $ 236,250 $ 64,000
Wilmington, NC 16 $ 3,790,000 $ 236,875 $ 94,000
York-Hanover, PA 16 $ 3,990,000 $ 249,375 $ 98,000
Asheville, NC 15 $ 3,695,000 $ 246,333 $ 74,000
Indianapolis-Carmel-Anderson, IN 15 $ 2,995,000 $ 199,666 $ 67,000
Washington, DC-MD 15 $ 5,405,000 $ 360,333 $ 119,000
Akron, OH 14 $ 2,310,000 $ 165,000 $ 73,000
Albany, GA 14 $ 2,330,000 $ 166,428 $ 58,000
Harrisburg-Carlisle, PA 14 $ 3,560,000 $ 254,285 $ 99,000
Palm Bay-Melbourne-Titusville, FL 14 $ 3,640,000 $ 260,000 $ 96,000
Lynchburg, VA 13 $ 2,615,000 $ 201,153 $ 82,000
Rocky Mount, NC 13 $ 2,385,000 $ 183,461 $ 61,000
Tallahassee, FL 13 $ 2,815,000 $ 216,538 $ 90,000
Toledo, OH 12 $ 2,130,000 $ 177,500 $ 81,000
Valdosta, GA 12 $ 2,920,000 $ 243,333 $ 98,000
Florence-Muscle Shoals, AL 11 $ 2,295,000 $ 208,636 $ 79,000
Jackson, TN 11 $ 2,155,000 $ 195,909 $ 66,000
Morristown, TN 11 $ 2,505,000 $ 227,727 $ 72,000
Cleveland, TN 10 $ 2,090,000 $ 209,000 $ 84,000
Crestview-Fort Walton Beach-Destin, FL 10 $ 2,350,000 $ 235,000 $ 104,000
Detroit-Dearborn-Livonia, MI 10 $ 1,860,000 $ 186,000 $ 81,000
Gadsden, AL 10 $ 1,930,000 $ 193,000 $ 84,000
Hinesville, GA 10 $ 2,170,000 $ 217,000 $ 82,000
Johnson City, TN 10 $ 1,820,000 $ 182,000 $ 68,000
Winchester, VA-WV 10 $ 2,670,000 $ 267,000 $ 103,000
Brunswick, GA 9 $ 2,365,000 $ 262,777 $ 86,000
Hilton Head Island-Bluffton-Beaufort, SC 9 $ 2,285,000 $ 253,888 $ 153,000
Lake County-Porter County-Jasper County, IN 9 $ 1,995,000 $ 221,666 $ 105,000
Rome, GA 9 $ 2,475,000 $ 275,000 $ 100,000
Blacksburg-Christiansburg-Radford, VA 8 $ 1,400,000 $ 175,000 $ 80,000
Jacksonville, NC 8 $ 1,700,000 $ 212,500 $ 76,000
Springfield, MA 8 $ 2,200,000 $ 275,000 $ 96,000
Anniston-Oxford-Jacksonville, AL 7 $ 1,155,000 $ 165,000 $ 89,000
Burlington, NC 7 $ 1,795,000 $ 256,428 $ 95,000
Canton-Massillon, OH 7 $ 1,275,000 $ 182,142 $ 72,000
Charlottesville, VA 7 $ 2,035,000 $ 290,714 $ 93,000
Gainesville, FL 7 $ 1,215,000 $ 173,571 $ 63,000
Staunton-Waynesboro, VA 7 $ 1,785,000 $ 255,000 $ 106,000
Williamsport, PA 7 $ 1,445,000 $ 206,428 $ 74,000
Decatur, AL 6 $ 1,100,000 $ 183,333 $ 68,000
Flint, MI 6 $ 1,280,000 $ 213,333 $ 81,000
Florence, SC 6 $ 1,460,000 $ 243,333 $ 89,000
Panama City, FL 6 $ 1,750,000 $ 291,666 $ 81,000
Altoona, PA 5 $ 1,015,000 $ 203,000 $ 79,000
Ann Arbor, MI 5 $ 1,025,000 $ 205,000 $ 59,000
Barnstable Town, MA 5 $ 1,425,000 $ 285,000 $ 79,000
Dalton, GA 5 $ 1,005,000 $ 201,000 $ 85,000
Erie, PA 5 $ 645,000 $ 129,000 $ 91,000
Fort Wayne, IN 5 $ 905,000 $ 181,000 $ 61,000
Harrisonburg, VA 5 $ 1,375,000 $ 275,000 $ 84,000
Naples-Immokalee-Marco Island, FL 5 $ 1,835,000 $ 367,000 $ 101,000
Pinehurst-Southern Pines, NC 5 $ 1,345,000 $ 269,000 $ 77,000
Amherst Town-Northampton, MA 4 $ 1,020,000 $ 255,000 $ 117,000
Greenville, NC 4 $ 890,000 $ 222,500 $ 64,000
Johnstown, PA 4 $ 1,010,000 $ 252,500 $ 85,000
Lansing-East Lansing, MI 4 $ 900,000 $ 225,000 $ 72,000
Pittsfield, MA 4 $ 1,160,000 $ 290,000 $ 78,000
Wildwood-The Villages, FL 4 $ 1,720,000 $ 430,000 $ 106,000
Battle Creek, MI 3 $ 455,000 $ 151,666 $ 67,000
Chambersburg-Waynesboro, PA 3 $ 645,000 $ 215,000 $ 78,000
Columbus, IN 3 $ 945,000 $ 315,000 $ 147,000
Duluth, MN-WI 3 $ 865,000 $ 288,333 $ 96,000
Elkhart-Goshen, IN 3 $ 455,000 $ 151,666 $ 78,000
Goldsboro, NC 3 $ 565,000 $ 188,333 $ 79,000
Homosassa Springs, FL 3 $ 615,000 $ 205,000 $ 81,000
Kalamazoo-Portage, MI 3 $ 555,000 $ 185,000 $ 65,000
Kokomo, IN 3 $ 525,000 $ 175,000 $ 78,000
Lebanon, PA 3 $ 715,000 $ 238,333 $ 61,000
Louisville/Jefferson County, KY-IN 3 $ 725,000 $ 241,666 $ 132,000
Midland, MI 3 $ 745,000 $ 248,333 $ 74,000
Monroe, MI 3 $ 475,000 $ 158,333 $ 69,000
Niles-Benton Harbor, MI 3 $ 605,000 $ 201,666 $ 107,000
Saginaw, MI 3 $ 465,000 $ 155,000 $ 66,000
Sebastian-Vero Beach, FL 3 $ 955,000 $ 318,333 $ 85,000
South Bend-Mishawaka, IN-MI 3 $ 535,000 $ 178,333 $ 79,000
St. Cloud, MN 3 $ 605,000 $ 201,666 $ 64,000
Sumter, SC 3 $ 655,000 $ 218,333 $ 76,000
Washington-Baltimore-Arlington, DC 3 $ 1,015,000 $ 338,333 $ 79,000
Fort Worth-Arlington, TX 2 $ 430,000 $ 215,000 $ 61,000
Gettysburg, PA 2 $ 830,000 $ 415,000 $ 129,000
Lakewood-New Brunswick, NJ 2 $ 780,000 $ 390,000 $ 155,000
Lexington Park, MD 2 $ 750,000 $ 375,000 $ 82,000
Mansfield, OH 2 $ 570,000 $ 285,000 $ 121,000
Punta Gorda, FL 2 $ 570,000 $ 285,000 $ 72,000
Salisbury, MD-DE 2 $ 400,000 $ 200,000 $ 73,000
Sandusky, OH 2 $ 520,000 $ 260,000 $ 108,000
Sebring, FL 2 $ 420,000 $ 210,000 $ 98,000
Springfield, OH 2 $ 270,000 $ 135,000 $ 42,000
Traverse City, MI 2 $ 520,000 $ 260,000 $ 74,000
Wilmington, DE-MD-NJ 2 $ 280,000 $ 140,000 $ 82,000
Youngstown-Warren-Boardman, OH-PA 2 $ 470,000 $ 235,000 $ 111,000
Bloomington, IN 1 $ 155,000 $ 155,000 $ 52,000
Evansville, IN-KY 1 $ 125,000 $ 125,000 $ 90,000
Houston-The Woodlands-Sugar Land, TX 1 $ 55,000 $ 55,000 $ 100,000
Jackson, MI 1 $ 195,000 $ 195,000 $ 61,000
Lafayette-West Lafayette, IN 1 $ 145,000 $ 145,000 $ 58,000
Lima, OH 1 $ 125,000 $ 125,000 $ 72,000
Muskegon, MI 1 $ 145,000 $ 145,000 $ 55,000
Newark, NJ-PA 1 $ 305,000 $ 305,000 $ 140,000
Rochester, MN 1 $ 175,000 $ 175,000 $ 138,000

Mortgage Loan Application Detail Totals for Milend, Inc in 2024

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 4,584 $1,160,420,000 $253,000 $2,925,000 $87,000 $1,200,000
Home Purchase 183 $71,875,000 $392,000 $1,095,000 $157,000 $700,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 2,292 $610,010,000 $266,000 $1,525,000 $97,000 $850,000
Black or African American 1,223 $308,335,000 $252,000 $1,775,000 $82,000 $322,000
Not Provided 1,011 $247,785,000 $245,000 $2,925,000 $84,000 $1,200,000
Hispanic 174 $46,450,000 $266,000 $765,000 $92,000 $782,000
Asian 46 $14,380,000 $312,000 $765,000 $101,000 $350,000
American Indian or Alaskan Native 12 $3,050,000 $254,000 $545,000 $74,000 $180,000
Native Hawaiian or Other Pacific Islander 8 $1,850,000 $231,000 $495,000 $88,000 $184,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
FHA-insured (Federal Housing Administration) 3,141 $759,385,000 $241,000 $1,775,000 $82,000 $337,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,074 $305,370,000 $284,000 $2,925,000 $111,000 $1,200,000
VA-guaranteed (Veterans Administration) 552 $167,540,000 $303,000 $725,000 $94,000 $420,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Withdrawn By Applicant 1,953 $501,165,000 $256,000 $2,925,000 $88,000 $1,200,000
Loan Originated 1,414 $386,630,000 $273,000 $1,505,000 $98,000 $700,000
File Closed For Incompleteness 912 $225,360,000 $247,000 $1,775,000 $89,000 $850,000
Application Denied By Financial Institution 443 $107,665,000 $243,000 $705,000 $73,000 $600,000
Application Approved But Not Accepted 45 $11,475,000 $255,000 $555,000 $82,000 $185,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 4,324 $1,124,630,000 $260,000 $2,925,000 $92,000 $1,200,000
Debt-To-Income Ratio 177 $43,915,000 $248,000 $595,000 $61,000 $211,000
Credit History 136 $34,110,000 $250,000 $705,000 $81,000 $240,000
Collateral 84 $18,680,000 $222,000 $505,000 $83,000 $600,000
Other 18 $4,460,000 $247,000 $475,000 $85,000 $192,000
Unverifiable Information 16 $3,480,000 $217,000 $435,000 $77,000 $174,000
Employment History 11 $2,715,000 $246,000 $535,000 $77,000 $148,000
Insufficient Cash (Downpayment, Closing Cost) 1 $305,000 $305,000 $305,000 $59,000 $59,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Milend, Inc's 2024 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Milend, Inc's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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