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MILEND, INC. closing costs and rates (2024)

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In 2024, MILEND, INC. originated 122 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $10,103. That is $3,362 above the national median of $6,741. MILEND, INC. is most active in Georgia with 93 originations there.

Purchase Originations

122

Median Total Costs

$10,103

+49.9% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$5,212

Median Lender Credits

$284

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional836.625%$7,970$4,443
fha376.250%$15,138$5,676

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Georgia936.625%$10,047#144
North Carolina86.624%$10,376
Florida76.750%$8,506
Minnesota36.625%$4,974
Tennessee36.625%$7,144
Massachusetts26.062%$19,257
South Carolina26.500%$15,934
Virginia26.500%$8,977
Alabama16.125%$10,299
Maryland16.490%$4,514

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$5,8326.375%1−$4,271
2$5,9786.625%3−$4,125
3$7,1586.438%2−$2,945
4$7,2426.990%1−$2,861
5$7,4726.808%2−$2,631
6$7,4886.875%2−$2,615
7$7,6316.625%8−$2,472
8$7,6996.933%4−$2,404
9$7,8216.688%12−$2,282
10$8,1326.750%13−$1,971
11$8,7697.250%1−$1,334
12$8,8216.625%3−$1,282
13$9,9215.990%3−$182
14$10,9346.624%2+$831
15$12,1926.250%5+$2,089
16$13,3336.933%12+$3,230
17$14,5496.625%3+$4,446
18$15,0407.125%2+$4,937
19$18,5716.058%4+$8,468
20$19,5455.938%2+$9,442

Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.

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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).

Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.