# MILLENIUM HOME MORTGAGE, LLC

> **Canonical URL:** https://saferate.com/lenders/millenium-home-mortgage


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


MILLENIUM HOME MORTGAGE, LLC is a independent mortgage company, headquartered in Parsippany-Troy Hills, NJ, serving borrowers across 4 states, with 280 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 69% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300S70UD2GFALPM46
- **Headquarters:** Parsippany-Troy Hills, NJ
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** FL, NJ, NY, PA
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 31/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.098%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,543
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 280
- **Dollar Volume:** $130 million
- **Applications Received:** 357
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $465,821
- **Average Borrower Income:** $235,679
- **Average Property Value:** $645,143

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 48/100 | 236 | +0.013% | $3,337 | Sound ☺️ |
| FHA | 59/100 | 41 | +0.531% | $4,553 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 195 loans, Score: 47/100 (Sound)
- Refinance: 41 loans, Score: 47/100 (Sound)

**FHA:**
- Purchase: 33 loans, Score: 57/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 49/100 | 231 | $112M | +0.091% | Sound ☺️ |
| Refinance | 48/100 | 49 | $19M | +0.135% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 261 | 0.30% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Newark, NJ | NJ | 109 | 78/100 |
| Lakewood | NJ | 96 | 74/100 |
| New York | NY-NJ | 30 | 55/100 |
| Allentown | PA-NJ | 21 | 55/100 |

## Frequently Asked Questions

### What loan types does MILLENIUM HOME MORTGAGE, LLC offer?

MILLENIUM HOME MORTGAGE, LLC offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does MILLENIUM HOME MORTGAGE, LLC offer mortgages?

MILLENIUM HOME MORTGAGE, LLC offers mortgages in 4 states: FL, NJ, NY, PA.

### How competitive are MILLENIUM HOME MORTGAGE, LLC's mortgage rates?

MILLENIUM HOME MORTGAGE, LLC has a pricing score of 31/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.098% above market average.

### What type of lender is MILLENIUM HOME MORTGAGE, LLC?

MILLENIUM HOME MORTGAGE, LLC is a non-depository lender that specializes in mortgage origination, headquartered in Parsippany-Troy Hills, NJ.

### What is MILLENIUM HOME MORTGAGE, LLC's loan approval success rate?

MILLENIUM HOME MORTGAGE, LLC has a pull-through score of 66/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/millenium-home-mortgage

### How to Cite

> "MILLENIUM HOME MORTGAGE, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/millenium-home-mortgage

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