Milestone Home Lending at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
59th7.8% deniedPricingmedian rate spread over APOR, weight 30%
29th0.49 ptsProcesswithdrawn + incomplete share, weight 15%
16th21.5%Closing coststotal loan costs ÷ loan amount, weight 10%
45th2.05% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 348 | 255 | 5.8% | 7.3% | 7.13% | $68M |
| 2024 | 399 | 286 | 4.5% | 5.9% | 7.00% | $81M |
| 2025 | 424 | 302 | 6.1% | 7.8% | 6.75% | $84M |
What Milestone Home Lending lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 18 investment properties.
Why Milestone Home Lending denies applications
Primary reason reported for each of the 26 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Milestone Home Lending
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 35 | 20 | 16.7% |
| $50k – $100k | 188 | 142 | 7.7% |
| $100k – $150k | 104 | 78 | 7.1% |
| $150k – $250k | 53 | 39 | 2.4% |
| Over $250k | 28 | 12 | 20.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 46 | 39 | 7.1% |
| 25–34 | 144 | 104 | 7.0% |
| 35–44 | 83 | 55 | 8.2% |
| 45–54 | 72 | 46 | 13.0% |
| 55–64 | 43 | 32 | 5.9% |
| 65–74 | 25 | 20 | 0.0% |
Where Milestone Home Lending lends
2 states and 34 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Indiana | 423 | 302 | 5.9% | 6.75% | #131 |
Frequently asked questions
Milestone Home Lending denied 7.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 59th percentile of small mortgage lenders.
The most common reason Milestone Home Lending gave in 2025 was "debt-to-income ratio", cited on 46.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Milestone Home Lending originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.49 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 90% of its applications were for home purchases, 10% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 70% conventional, 22% FHA, 8% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.