Lender profile · HMDA 2023–2025
Milford Federal Bank mortgage approval rates & lending data
Milford Federal Bank decided 562 mortgage applications and funded 496 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 221 / 232 | 99% | $345K | 218 |
| Home improvement loans | 88% | 122 / 139 | 96% | $55K | 117 |
| Cash-out refinance | 82% | 98 / 119 | 99% | $95K | 97 |
| Investment property purchase | 97% | 38 / 39 | 97% | $305K | 37 |
Milford Federal Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 91% | $305K | 439 | 392 |
| Rhode Island | 85% | $125K | 123 | 104 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.