Millennium Financial Group at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
65th6.4% deniedPricingmedian rate spread over APOR, weight 30%
55th0.23 ptsProcesswithdrawn + incomplete share, weight 15%
45th12.5%Closing coststotal loan costs ÷ loan amount, weight 10%
35th2.32% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 188 | 147 | 5.3% | 6.3% | 6.75% | $34M |
| 2024 | 291 | 243 | 6.5% | 7.3% | 6.63% | $62M |
| 2025 | 233 | 191 | 5.6% | 6.4% | 6.50% | $49M |
What Millennium Financial Group 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: 1 home-equity lines, 1 reverse mortgages, 8 manufactured homes, 15 investment properties.
Why Millennium Financial Group denies applications
Primary reason reported for each of the 13 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Millennium Financial Group
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 22 | 17 | 10.5% |
| $50k – $100k | 120 | 100 | 7.4% |
| $100k – $150k | 45 | 37 | 7.5% |
| $150k – $250k | 29 | 24 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 28 | 26 | 3.7% |
| 25–34 | 79 | 66 | 4.4% |
| 35–44 | 43 | 34 | 2.9% |
| 45–54 | 32 | 24 | 14.3% |
| 55–64 | 20 | 15 | 11.8% |
| 65–74 | 23 | 20 | 4.8% |
Where Millennium Financial Group lends
7 states and 33 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maryland | 145 | 123 | 4.8% | 6.50% | #196 |
| Pennsylvania | 41 | 33 | 2.4% | 6.50% | #510 |
| West Virginia | 41 | 32 | 12.2% | 6.63% | #149 |
Frequently asked questions
Millennium Financial Group denied 6.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 65th percentile of small mortgage lenders.
The most common reason Millennium Financial Group gave in 2025 was "collateral", 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 Millennium Financial Group originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.23 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 79% of its applications were for home purchases, 18% for refinancing (including cash-out), and 3% for home improvement or other purposes. By loan type: 72% conventional, 16% FHA, 6% 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.