Milo Credit, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Milo Credit, Llc 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Milo Credit, Llc
545 Nw 26Th St Suite 200
Miami, FL 33127
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  
Total Number of Mortgage Applications 116
Total Mortgage Loan Application Amount $71,810,000
Average Mortgage Loan Application Amount $569,000
Highest Mortgage Loan Application Amount $10,005,000
Average Applicant Income $105,750
Highest Applicant Income $4,241,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Milo Credit, Llc. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Milo Credit, Llc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2023 breaks down Milo Credit, Llc's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Milo Credit, Llc serves its applicants.

Each category highlights the total number of mortgage applications processed by Milo Credit, Llc, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Milo Credit, Llc's mortgage activity for 2023.

Mortgage Loan Application Totals for Milo Credit, Llc by Metropolitan Area in 2023

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MIAMI-MIAMI BEACH-KENDALL, FL 27 $ 15,535,000 $ 575,000 $ 289,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 10 $ 15,670,000 $ 1,567,000 $ 0
NA (OUTSIDE OF MSA/MD) 8 $ 2,880,000 $ 387,500 $ 10,500
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 6 $ 2,870,000 $ 478,000 $ 83,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 6 $ 3,480,000 $ 580,000 $ 3,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 5 $ 2,355,000 $ 471,000 $ 0
CAPE CORAL-FORT MYERS, FL 4 $ 1,480,000 $ 370,000 $ 37,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 3 $ 735,000 $ 245,000 $ 2,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 3 $ 1,525,000 $ 508,000 $ 91,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 3 $ 3,305,000 $ 1,101,000 $ 289,000
NORTH PORT-SARASOTA-BRADENTON, FL 3 $ 1,185,000 $ 395,000 $ 251,000
SAN ANTONIO-NEW BRAUNFELS, TX 3 $ 1,045,000 $ 348,000 $ 0
ANAHEIM-SANTA ANA-IRVINE, CA 2 $ 3,170,000 $ 1,585,000 $ 165,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 2 $ 580,000 $ 290,000 $ 357,000
LAKELAND-WINTER HAVEN, FL 2 $ 630,000 $ 315,000 $ 120,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 2 $ 3,070,000 $ 1,535,000 $ 1,120,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 2 $ 1,400,000 $ 700,000 $ 351,000
OCALA, FL 2 $ 350,000 $ 175,000 $ 0
ORLANDO-KISSIMMEE-SANFORD, FL 2 $ 370,000 $ 185,000 $ 0
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 2 $ 1,350,000 $ 675,000 $ 0
TAMPA-ST. PETERSBURG-CLEARWATER, FL 2 $ 500,000 $ 250,000 $ 7,000
AUSTIN-ROUND ROCK, TX 1 $ 1,475,000 $ 1,475,000 $ 0
BALTIMORE-COLUMBIA-TOWSON, MD 1 $ 185,000 $ 185,000 $ 7,000
BOSTON, MA 1 $ 235,000 $ 235,000 $ 0
BRIDGEPORT-STAMFORD-NORWALK, CT 1 $ 525,000 $ 525,000 $ 261,000
CHICAGO-NAPERVILLE, IL 1 $ 245,000 $ 245,000 $ 21,000
DALLAS-PLANO-IRVING, TX 1 $ 315,000 $ 315,000 $ 120,000
DURHAM-CHAPEL HILL, NC 1 $ 305,000 $ 305,000 $ 303,000
EL PASO, TX 1 $ 155,000 $ 155,000 $ 54,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 1 $ 165,000 $ 165,000 $ 0
JACKSON, MS 1 $ 1,105,000 $ 1,105,000 $ 26,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 1 $ 175,000 $ 175,000 $ 0
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 1 $ 165,000 $ 165,000 $ 0
PHOENIX-MESA-SCOTTSDALE, AZ 1 $ 155,000 $ 155,000 $ 0
SAN DIEGO-CARLSBAD, CA 1 $ 405,000 $ 405,000 $ 5,000
SPRINGFIELD, MA 1 $ 175,000 $ 175,000 $ 0
TALLAHASSEE, FL 1 $ 165,000 $ 165,000 $ 17,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 1 $ 2,375,000 $ 2,375,000 $ 0

Mortgage Loan Application Detail Totals for Milo Credit, Llc in 2023

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
Home Purchase 72 $36,410,000 $505,000 $2,925,000 $117,000 $1,467,000
Cash-out Refinancing 37 $32,575,000 $880,000 $10,005,000 $218,000 $4,241,000
Refinancing 6 $2,320,000 $386,000 $575,000 $88,000 $240,000
Other Purpose 1 $505,000 $505,000 $505,000 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 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
Not Provided 105 $54,285,000 $517,000 $2,925,000 $104,000 $1,467,000
Hispanic 8 $6,380,000 $797,000 $2,505,000 $569,000 $4,241,000
White 2 $10,610,000 $5,305,000 $10,005,000 $502,000 $502,000
Asian 1 $535,000 $535,000 $535,000 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 114 $70,790,000 $620,000 $10,005,000 $141,000 $4,241,000
FHA-insured (Federal Housing Administration) 2 $1,020,000 $510,000 $515,000 $131,000 $131,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 46 $18,680,000 $406,000 $1,645,000 $76,000 $648,000
Loan Originated 36 $21,030,000 $584,000 $2,925,000 $244,000 $4,241,000
Application Denied By Financial Institution 23 $24,385,000 $1,060,000 $10,005,000 $103,000 $1,120,000
File Closed For Incompleteness 6 $5,700,000 $950,000 $2,375,000 $161,000 $702,000
Application Approved But Not Accepted 5 $2,015,000 $403,000 $695,000 $120,000 $502,000
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 93 $47,425,000 $509,000 $2,925,000 $148,000 $4,241,000
Collateral 14 $6,880,000 $491,000 $2,005,000 $2,000 $21,000
Other 4 $4,620,000 $1,155,000 $1,505,000 $563,000 $1,120,000
Insufficient Cash (Downpayment, Closing Cost) 2 $2,230,000 $1,115,000 $1,655,000 $207,000 $415,000
Unverifiable Information 1 $10,005,000 $10,005,000 $10,005,000 $0 $0
Credit Application Incomplete 1 $565,000 $565,000 $565,000 $0 $0
Employment History 1 $85,000 $85,000 $85,000 $100,000 $100,000
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Milo Credit, Llc's 2023 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 Milo Credit, Llc'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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