What loan types does Millenium Home Mortgage offer?

Millenium Home Mortgage offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing score and performance metrics.

Where does Millenium Home Mortgage offer mortgages?

Millenium Home Mortgage offers mortgages in 4 states: FL, NJ, NY, PA.

How competitive are Millenium Home Mortgage's mortgage rates?

Millenium Home Mortgage has an overall pricing score of 31/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Millenium Home Mortgage?

Millenium Home Mortgage is a Independent Mortgage Company headquartered in Parsippany-Troy Hills, NJ.

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Millenium Home Mortgage

Independent Mortgage Company•Parsippany-Troy Hills, NJHQ•Direct•Reviews near you on Google

Millenium Home Mortgage has 280 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Sound

3/5

FHA · Conventional

Place

Strong

4/5

Regional · 4 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Strong pull through performance

Things to Think About

Pricing may be below industry average

Explore another lender or local market

Report Card

Millenium Home Mortgage performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+9.8 bps above market avg

2/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

236 loans · 0.01% above market

Sound

Top 60% of lenders

3/5

FHA

41 loans · 0.53% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

231 loans · 0.09% above market

Sound

Top 60% of lenders

3/5

Refinance

49 loans · 0.14% above market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Regional · 4 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Acceptable	Sound	236	84.3%	+0.013%Above	$3,337Fees
FHA Loans	Sound	Sound	Acceptable	Strong	41	14.6%	+0.531%Above	$4,553Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Sound

Volume236

Mix84.3%

Spread

+0.013%Above

Fees

$3,337Fees

FHA Loans

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Strong

Volume41

Mix14.6%

Spread

+0.531%Above

Fees

$4,553Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Acceptable	Sound	231	82.5%	+0.091%Above	$3,465Fees
Refinance	Sound	Sound	Acceptable	Strong	49	17.5%	+0.135%Above	$3,973Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Sound

Volume231

Mix82.5%

Spread

+0.091%Above

Fees

$3,465Fees

Refinance

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Strong

Volume49

Mix17.5%

Spread

+0.135%Above

Fees

$3,973Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

280

Applications

357

Volume

$130 million

Pricing & Closing

Avg Rate Spread

+0.098%

vs. market APOR

Avg Net Fees

$3,543

Origination − Credits

Pullthrough Rate

78.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$465,821

Avg Borrower Income

$235,679

Avg Property Value

$645,143

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

4Full-year 2024 · HMDA

Loans originated

< 200200+None

Northeast3

NJNYPA

South1

Top Metro Areas by Place Specialization Score

Newark, NJMetro

Volume 109Mix 38.93% of portfolio

78/100

Strong

Lakewood, NJMetro

Volume 96Mix 34.29% of portfolio

74/100

Strong

Allentown, PA-NJMetro

Volume 21Mix 7.50% of portfolio

55/100

Sound

New York, NY-NJMetro

Volume 30Mix 10.71% of portfolio

55/100

Sound

Top States by Place Specialization Score

New JerseyState

Volume 261Mix 93.21% of portfolio

81/100

Exceptional

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.