Millennium Bank 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 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
21st12.1% deniedProcesswithdrawn + incomplete share, weight 15%
54th4.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 98 | 70 | 13.3% | 14.3% | — | $24M |
| 2024 | 75 | 59 | 12.0% | 12.5% | — | $19M |
| 2025 | 147 | 115 | 11.6% | 12.1% | — | $29M |
What Millennium Bank 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, 15 manufactured homes, 76 investment properties.
Who gets approved at Millennium Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 22 | 16 | 19.1% |
| $100k – $150k | 24 | 17 | 25.0% |
| $150k – $250k | 20 | 16 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 45–54 | 22 | 16 | 23.8% |
| 55–64 | 23 | 18 | 14.3% |
Where Millennium Bank lends
4 states and 28 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Millennium Bank denied 12.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 21st percentile of investment-property lenders.
In 2025, 35% of its applications were for home purchases, 48% for refinancing (including cash-out), and 16% for home improvement or other purposes. By loan type: 98% conventional, 1% FHA, 0% 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.