Mld Mortgage Rates, Fees & Info

Florham Park, NJ

LEI: 549300AG10BX85DF5S49

Tax ID: 22-3747694

4.9 stars - out of 5 stars, based on 81 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Mld Mortgage is a small mortgage company specializing in Refi and Home Purchase loans. Mld Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Oxnard, Los Angeles, Boston, and Bakersfield among others. We have data for 194 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mld Mortgage has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Mld Mortgage is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.77% 11/26/22
    30 Year Conventional Refi 6.61% 11/26/22
    30 Year Cash-out Refi 6.78% 11/26/22
    30 Year FHA Purchase 7.74% 11/26/22
    30 Year FHA Refi 7.28% 11/26/22
    30 Year VA Purchase 6.59% 11/26/22
    30 Year VA Refi 6.29% 11/26/22
    30 Year USDA Purchase 7.03% 11/26/22
    30 Year USDA Refi 6.61% 11/26/22
    15 Year Conventional Purchase 5.89% 11/26/22
    15 Year Conventional Refi 5.95% 11/26/22
    15 Year Cash-out Refi 5.95% 11/26/22
    15 Year FHA Purchase 5.90% 11/26/22
    15 Year FHA Refi 6.69% 11/26/22
    15 Year VA Refi 6.18% 11/26/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    6,575

    Origination Dollar Volume (All Markets)

    $2,452,345,000
    Show all (32) awards

    Relative Rate

    Mld Mortgage's average 30 year fixed mortgage rate was 2.96%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.19%.

    Relative Fees (Closing Costs)

    Mld Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $5,444.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1,511 $596,645,000 $394,868 $4,316 2.66%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 989 $467,455,000 $472,654 $5,329 2.91%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 522 $258,530,000 $495,268 $5,526 2.94%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 257 $107,855,000 $419,669 $2,921 2.70%
    BAKERSFIELD, CA (FHA|USDA|VA) 337 $82,965,000 $246,187 $5,792 2.91%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 194 $73,850,000 $380,670 $4,804 2.83%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 190 $72,160,000 $379,789 $6,439 2.79%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 124 $66,060,000 $532,742 $9,078 2.95%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 215 $62,775,000 $291,977 $4,491 2.79%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 156 $53,830,000 $345,064 $5,328 2.97%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 133 $50,365,000 $378,684 $3,921 2.60%
    VISALIA, CA (FHA|USDA|VA) 194 $45,880,000 $236,495 $5,250 2.99%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 163 $41,055,000 $251,871 $3,851 2.91%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 135 $27,855,000 $206,333 $5,245 2.94%
    MADERA, CA (FHA|USDA|VA) 114 $25,850,000 $226,754 $5,348 2.83%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 84 $25,390,000 $302,262 $3,698 2.79%
    RALEIGH-CARY, NC (FHA|USDA|VA) 70 $24,150,000 $345,000 $2,987 2.61%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 51 $18,695,000 $366,569 $2,857 2.44%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 49 $15,695,000 $320,306 $4,956 2.87%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 29 $14,295,000 $492,931 $3,649 2.88%
    FRESNO, CA (FHA|USDA|VA) 52 $14,220,000 $273,462 $4,772 2.92%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 32 $13,830,000 $432,188 $3,930 2.95%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 48 $13,090,000 $272,708 $4,866 2.95%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 28 $12,490,000 $446,071 $3,983 2.78%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 41 $12,345,000 $301,098 $4,029 3.12%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 45 $11,695,000 $259,889 $5,175 3.07%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 33 $10,845,000 $328,636 $7,702 2.84%
    RICHMOND, VA (FHA|USDA|VA) 27 $8,905,000 $329,815 $4,439 2.83%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 27 $8,725,000 $323,148 $5,709 2.84%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 31 $8,065,000 $260,161 $4,668 2.86%
    MERCED, CA (FHA|USDA|VA) 20 $7,680,000 $384,000 $5,114 3.18%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 20 $7,660,000 $383,000 $4,223 2.81%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 18 $7,260,000 $403,333 $3,799 2.78%
    Outside of Metro Areas 30 $6,790,000 $226,333 $5,063 2.95%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 20 $6,390,000 $319,500 $4,540 2.95%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $5,910,000 $268,636 $4,314 2.81%
    WORCESTER, MA-CT (FHA|USDA|VA) 15 $5,725,000 $381,667 $4,239 2.84%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 21 $5,645,000 $268,810 $6,693 2.93%
    URBAN HONOLULU, HI (FHA|USDA|VA) 11 $5,575,000 $506,818 $7,664 2.70%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 17 $5,475,000 $322,059 $3,997 2.81%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 19 $5,135,000 $270,263 $3,036 2.68%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 22 $5,050,000 $229,545 $4,903 3.16%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 20 $4,900,000 $245,000 $4,104 2.94%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $4,745,000 $365,000 $3,916 2.94%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 17 $4,525,000 $266,176 $2,724 2.65%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 15 $4,515,000 $301,000 $4,943 3.13%
    TUCSON, AZ (FHA|USDA|VA) 11 $3,625,000 $329,545 $5,984 3.15%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $3,575,000 $510,714 $3,945 2.70%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 9 $3,365,000 $373,889 $3,290 2.55%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 12 $2,850,000 $237,500 $4,704 3.17%
    OCEAN CITY, NJ (FHA|USDA|VA) 7 $2,715,000 $387,857 $6,047 2.99%
    Kapaa, HI (FHA|USDA|VA) 4 $2,630,000 $657,500 $5,161 3.13%
    PITTSBURGH, PA (FHA|USDA|VA) 8 $2,560,000 $320,000 $4,636 2.52%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 6 $2,490,000 $415,000 $3,746 2.83%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $2,440,000 $406,667 $6,739 2.85%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 7 $2,325,000 $332,143 $3,047 3.09%
    APPLETON, WI (FHA|USDA|VA) 10 $2,280,000 $228,000 $3,329 2.87%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $2,215,000 $246,111 $3,599 2.63%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 9 $2,145,000 $238,333 $2,700 2.76%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $2,105,000 $300,714 $5,548 2.83%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,850,000 $308,333 $4,298 2.94%
    SALINAS, CA (FHA|USDA|VA) 3 $1,835,000 $611,667 $6,445 2.88%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 7 $1,835,000 $262,143 $5,362 2.91%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 9 $1,775,000 $197,222 $3,883 3.18%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,740,000 $290,000 $4,858 2.71%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $1,615,000 $323,000 $4,745 2.63%
    Outside of Metro Areas 3 $1,595,000 $531,667 $4,060 3.13%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 4 $1,560,000 $390,000 $6,511 3.00%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 5 $1,485,000 $297,000 $7,159 2.60%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 6 $1,470,000 $245,000 $4,052 2.83%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $1,340,000 $335,000 $4,231 2.69%
    YORK-HANOVER, PA (FHA|USDA|VA) 5 $1,315,000 $263,000 $6,653 2.45%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,295,000 $259,000 $5,187 2.85%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,285,000 $428,333 $4,515 2.75%
    Shelton, WA (FHA|USDA|VA) 4 $1,270,000 $317,500 $3,252 3.06%
    LANCASTER, PA (FHA|USDA|VA) 4 $1,210,000 $302,500 $5,548 2.69%
    COLUMBIA, SC (FHA|USDA|VA) 4 $1,190,000 $297,500 $3,136 2.63%
    VALLEJO, CA (FHA|USDA|VA) 3 $1,115,000 $371,667 $5,550 3.33%
    COLUMBUS, OH (FHA|USDA|VA) 5 $1,095,000 $219,000 $5,602 2.90%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,090,000 $181,667 $4,173 2.52%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 5 $1,065,000 $213,000 $4,460 3.20%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,661 2.81%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $1,045,000 $209,000 $6,017 2.68%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $1,025,000 $341,667 $4,823 2.50%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,020,000 $510,000 $3,600 3.19%
    NILES, MI (FHA|USDA|VA) 2 $970,000 $485,000 $3,626 2.75%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $895,000 $298,333 $4,684 2.71%
    Sandpoint, ID (FHA|USDA|VA) 2 $880,000 $440,000 $0 3.19%
    SALISBURY, MD-DE (FHA|USDA|VA) 3 $865,000 $288,333 $7,176 2.71%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 4 $860,000 $215,000 $6,828 2.72%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $825,000 $275,000 $2,534 3.33%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $820,000 $410,000 $5,427 2.88%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $810,000 $405,000 $0 2.88%
    PINE BLUFF, AR (FHA|USDA|VA) 3 $805,000 $268,333 $3,887 2.67%
    WILMINGTON, NC (FHA|USDA|VA) 2 $800,000 $400,000 $4,235 2.88%
    RENO, NV (FHA|USDA|VA) 2 $800,000 $400,000 $3,776 3.13%
    ASHEVILLE, NC (FHA|USDA|VA) 3 $785,000 $261,667 $3,108 3.25%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $780,000 $390,000 $5,078 2.94%
    Oak Harbor, WA (FHA|USDA|VA) 2 $780,000 $390,000 $4,452 2.94%
    BOISE CITY, ID (FHA|USDA|VA) 3 $755,000 $251,667 $4,344 3.58%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $745,000 $248,333 $4,341 3.04%
    Hilo, HI (FHA|USDA|VA) 3 $675,000 $225,000 $7,400 2.25%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $630,000 $315,000 $9,344 3.25%
    LONGVIEW, WA (FHA|USDA|VA) 2 $620,000 $310,000 $2,933 2.69%
    BURLINGTON, NC (FHA|USDA|VA) 2 $580,000 $290,000 $2,347 3.13%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $570,000 $285,000 $5,180 3.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $560,000 $280,000 $5,570 2.38%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 3 $555,000 $185,000 $4,519 3.25%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $545,000 $545,000 $9,773 3.38%
    STOCKTON, CA (FHA|USDA|VA) 1 $545,000 $545,000 $3,040 2.99%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $535,000 $535,000 $3,993 3.38%
    SPRINGFIELD, MA (FHA|USDA|VA) 2 $530,000 $265,000 $0 3.29%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $520,000 $260,000 $3,415 2.94%
    WINCHESTER, VA-WV (FHA|USDA|VA) 2 $500,000 $250,000 $8,453 2.31%
    GREEN BAY, WI (FHA|USDA|VA) 2 $490,000 $245,000 $6,150 2.63%
    AKRON, OH (FHA|USDA|VA) 2 $470,000 $235,000 $3,144 3.50%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $470,000 $235,000 $3,704 2.88%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $465,000 $465,000 $4,458 3.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $460,000 $230,000 $7,369 2.44%
    YUMA, AZ (FHA|USDA|VA) 2 $450,000 $225,000 $3,898 3.75%
    Pullman, WA (FHA|USDA|VA) 2 $440,000 $220,000 $2,643 3.19%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $440,000 $220,000 $4,592 3.88%
    VALDOSTA, GA (FHA|USDA|VA) 2 $430,000 $215,000 $8,790 2.31%
    Sturgis, MI (FHA|USDA|VA) 1 $425,000 $425,000 $3,858 2.25%
    MODESTO, CA (FHA|USDA|VA) 2 $420,000 $210,000 $3,012 2.38%
    Paducah, KY-IL (FHA|USDA|VA) 2 $410,000 $205,000 $3,758 3.09%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $410,000 $205,000 $4,906 2.88%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $400,000 $200,000 $3,714 2.38%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $390,000 $195,000 $2,613 2.44%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $380,000 $190,000 $4,222 3.43%
    KINGSTON, NY (FHA|USDA|VA) 1 $355,000 $355,000 $5,322 2.75%
    Morehead City, NC (FHA|USDA|VA) 1 $355,000 $355,000 $3,886 2.25%
    Nogales, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $3,719 2.88%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $345,000 $345,000 $2,867 2.63%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $345,000 $345,000 $7,855 2.38%
    Sanford, NC (FHA|USDA|VA) 1 $335,000 $335,000 $15,187 2.38%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $335,000 $335,000 $9,887 3.25%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $325,000 $325,000 $9,523 3.00%
    Seneca, SC (FHA|USDA|VA) 1 $325,000 $325,000 $3,120 3.13%
    MEDFORD, OR (FHA|USDA|VA) 1 $315,000 $315,000 $3,744 2.63%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $310,000 $155,000 $3,407 3.00%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $305,000 $305,000 $7,751 3.13%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $305,000 $305,000 $12,372 2.25%
    Ruston, LA (FHA|USDA|VA) 1 $305,000 $305,000 $15,353 2.25%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,015 2.25%
    GREENVILLE, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,541 2.13%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $295,000 $295,000 $8,716 2.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,432 3.38%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $290,000 $145,000 $0 3.13%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $285,000 $285,000 $1,747 2.25%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $285,000 $285,000 $0 3.88%
    Connersville, IN (FHA|USDA|VA) 1 $275,000 $275,000 $6,074 2.75%
    Manitowoc, WI (FHA|USDA|VA) 2 $270,000 $135,000 $4,155 3.31%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $270,000 $135,000 $1,001 2.56%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $7,378 3.13%
    Torrington, CT (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.75%
    TULSA, OK (FHA|USDA|VA) 1 $245,000 $245,000 $3,869 2.88%
    Opelousas, LA (FHA|USDA|VA) 1 $245,000 $245,000 $7,024 2.38%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $240,000 $120,000 $3,492 2.87%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $235,000 $235,000 $6,049 3.75%
    MONROE, LA (FHA|USDA|VA) 1 $235,000 $235,000 $3,468 2.99%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $235,000 $235,000 $7,152 2.25%
    BINGHAMTON, NY (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.50%
    ROCHESTER, NY (FHA|USDA|VA) 1 $225,000 $225,000 $4,157 2.88%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $225,000 $225,000 $2,478 3.38%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,354 2.25%
    LUBBOCK, TX (FHA|USDA|VA) 1 $215,000 $215,000 $7,858 2.38%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $215,000 $215,000 $6,073 2.88%
    Statesboro, GA (FHA|USDA|VA) 1 $215,000 $215,000 $3,284 3.38%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $7,392 2.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $205,000 $205,000 $7,148 2.38%
    DALTON, GA (FHA|USDA|VA) 1 $205,000 $205,000 $6,877 3.25%
    Shelby, NC (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.63%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $195,000 $195,000 $6,168 3.88%
    Rolla, MO (FHA|USDA|VA) 1 $185,000 $185,000 $3,167 3.00%
    Ottawa, IL (FHA|USDA|VA) 1 $185,000 $185,000 $3,968 3.50%
    KANKAKEE, IL (FHA|USDA|VA) 1 $185,000 $185,000 $2,608 2.75%
    MANHATTAN, KS (FHA|USDA|VA) 1 $175,000 $175,000 $3,366 2.75%
    Centralia, WA (FHA|USDA|VA) 1 $165,000 $165,000 $3,462 3.13%
    CARSON CITY, NV (FHA|USDA|VA) 1 $165,000 $165,000 $2,516 3.00%
    Shawano, WI (FHA|USDA|VA) 1 $155,000 $155,000 $2,790 3.13%
    ROCKFORD, IL (FHA|USDA|VA) 1 $155,000 $155,000 $3,648 3.25%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $155,000 $155,000 $5,171 3.25%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.38%
    Mason City, IA (FHA|USDA|VA) 1 $145,000 $145,000 $5,325 3.50%
    Whitewater, WI (FHA|USDA|VA) 1 $145,000 $145,000 $2,715 2.50%
    Marinette, WI-MI (FHA|USDA|VA) 1 $145,000 $145,000 $5,968 3.50%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,873 2.25%
    Clarksburg, WV (FHA|USDA|VA) 1 $135,000 $135,000 $5,067 3.25%
    LONGVIEW, TX (FHA|USDA|VA) 1 $115,000 $115,000 $4,061 2.63%
    DANVILLE, IL (FHA|USDA|VA) 1 $115,000 $115,000 $5,373 2.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $85,000 $85,000 $3,624 3.00%
    Martinsville, VA (FHA|USDA|VA) 1 $85,000 $85,000 $3,420 4.25%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $45,000 $45,000 $2,738 3.25%
    Mld Mortgage's top markets include New York, Oxnard, Los Angeles, Boston, and Bakersfield among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against MLD MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Los Angeles Federal Credit Union
    Similarity Rank: 170
    SAFE 1 CREDIT UNION
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    First Credit Union
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    Louviers Federal Credit Union
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    HENRICO Federal Credit Union
    Similarity Rank: 420
    BHCU
    Similarity Rank: 504
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 624
    VALLEY STRONG CREDIT UNION
    Similarity Rank: 725
    USC Credit Union
    Similarity Rank: 880

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,927 $2,229,255,000 $376,119 $4,211 2.82%
    FHA 525 $169,755,000 $323,343 $10,419 2.94%
    VA 98 $46,180,000 $471,224 $9,732 2.67%
    USDA 25 $7,155,000 $286,200 $7,317 2.87%

    For 2021, Mld Mortgage's most frequently originated type of loan was Conventional, with 5,927 originations. Their 2nd most popular type was FHA, with 525 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 3,123 $1,156,795,000 $370,411 $3,811 2.68%
    Home Purchase 2,098 $830,610,000 $395,906 $6,767 2.99%
    Cash Out Refi 1,304 $464,530,000 $356,235 $4,517 2.97%
    Other 50 $410,000 $8,200 $254 0.79%

    For 2021, Mld Mortgage's most frequently cited loan purpose was Refi, with 3,123 originations. The 2nd most popular reason was Home Purchase, with 2,098 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,879 $1,896,595,000 $388,726 $5,444 2.96%
    15 Year 1,092 $364,460,000 $333,755 $3,507 2.37%
    20 Year 322 $108,810,000 $337,919 $3,368 2.69%
    10 Year 165 $46,175,000 $279,848 $3,096 2.27%
    Other 110 $36,200,000 $329,091 $3,553 2.77%
    5 Year 6 $90,000 $15,000 $0 0.00%
    3 Year 1 $15,000 $15,000 $301 0.00%

    For 2021, Mld Mortgage's most frequently cited loan duration was 30 Year, with 4,879 originations. The 2nd most popular length was 15 Year, with 1,092 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 4,157 $1,611,865,000 $387,747
    $<1k 544 $172,290,000 $316,710
    $2k-3k 438 $155,050,000 $353,995
    $5k+ 223 $108,655,000 $487,242
    $3k-4k 163 $64,065,000 $393,037
    $4k-5k 130 $52,890,000 $406,846

    Mld Mortgage's average total fees were $5,444, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,157 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 2,853 $1,103,935,000 $386,938
    <2.5% 1,834 $658,090,000 $358,828
    3-4% 1,823 $669,835,000 $367,436
    4-5% 50 $18,630,000 $372,600
    5-6% 1 $1,445,000 $1,445,000

    During 2021, Mld Mortgage's average interest rate for loans was 2.96%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,853 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,079 $931,185,000 $302,431 $4,555 2.83%
    $400k-600k 2,054 $1,000,480,000 $487,089 $5,069 2.78%
    $100k-200k 798 $127,970,000 $160,363 $3,866 2.94%
    $600k-1MM 473 $338,765,000 $716,205 $7,255 3.00%
    $100,000 or less 132 $6,130,000 $46,439 $2,264 1.94%
    $1MM+ 39 $47,815,000 $1,226,026 $11,646 3.13%

    2021 saw Mld Mortgage place emphasis on $200k-400k loans with 3,079 originations, totaling $931,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,737 $677,675,000 $390,141 $4,778 2.81%
    $150k-250k 1,694 $729,600,000 $430,697 $4,344 2.77%
    $75k-100k 1,011 $338,805,000 $335,119 $5,391 2.85%
    $50k-75k 909 $239,025,000 $262,954 $5,236 2.89%
    $250k+ 781 $374,625,000 $479,673 $4,904 2.87%
    $50k or less 427 $88,275,000 $206,733 $5,400 2.85%

    Mld Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,737 originations. The second most popular income band? $150k-250k, with 1,694 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,349 $504,015,000 $373,621 $3,902 2.70%
    30-36% 1,148 $433,260,000 $377,404 $4,426 2.80%
    <20% 403 $138,765,000 $344,330 $3,863 2.62%
    44% 297 $106,925,000 $360,017 $5,589 2.96%
    42% 292 $112,030,000 $383,664 $4,859 2.92%
    41% 272 $106,010,000 $389,743 $5,116 2.87%
    49% 271 $98,075,000 $361,900 $5,673 2.94%
    40% 247 $92,025,000 $372,571 $4,943 2.87%
    38% 244 $89,020,000 $364,836 $4,998 2.92%
    37% 244 $90,960,000 $372,787 $4,760 2.86%
    43% 243 $90,375,000 $371,914 $5,153 2.92%
    39% 241 $93,935,000 $389,772 $4,759 2.89%
    48% 231 $89,765,000 $388,593 $5,550 2.94%
    36% 225 $84,685,000 $376,378 $4,455 2.83%
    47% 211 $79,785,000 $378,128 $5,307 2.91%
    46% 200 $76,640,000 $383,200 $5,710 2.92%
    45% 191 $72,795,000 $381,126 $5,597 2.90%
    50-60% 184 $66,060,000 $359,022 $10,527 2.93%
    >60% 3 $1,405,000 $468,333 $8,819 2.92%

    Mld Mortgage lent most frequently to those with DTI ratios of 20-30%, with 1,349 originations. The next most common DTI ratio? 30-36%, with 1,148 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,073 $1,121,075,000 $364,815 $5,427 2.91%
    Asian 2,669 $1,024,815,000 $383,970 $3,918 2.72%
    Not provided 505 $194,745,000 $385,634 $4,985 2.81%
    Black 232 $72,090,000 $310,733 $7,059 2.98%
    Native Hawaiian or Islander 30 $11,520,000 $384,000 $8,508 2.79%
    Asian Indian 20 $8,240,000 $412,000 $3,646 2.48%
    American Indian 16 $7,990,000 $499,375 $4,404 3.05%
    Chinese 8 $3,300,000 $412,500 $3,565 2.61%
    Filipino 7 $2,975,000 $425,000 $6,257 3.05%
    Other Asian 7 $2,425,000 $346,429 $2,900 3.14%
    Other Pacific Islander 2 $1,260,000 $630,000 $12,397 2.56%
    Not applicable 4 $980,000 $245,000 $6,352 2.82%
    Japanese 1 $485,000 $485,000 $6,951 2.88%
    Samoan 1 $445,000 $445,000 $2,865 2.88%

    Approval Rates

    Total approvals of all applications
    96.04%

    Mld Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    71.98%

    Mld Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,575 $2,452,345,000 $372,980

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,575 $2,452,345,000 $372,980

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 410 $114,480,000 $279,220 $3,548 2.67%
    40-60% 1,615 $590,395,000 $365,570 $3,610 2.68%
    60-80% 2,795 $1,093,665,000 $391,293 $4,372 2.89%
    80-100% 1,632 $632,860,000 $387,782 $6,865 2.96%
    Over 100% 27 $14,115,000 $522,778 $16,928 2.82%
    Under 20% 96 $6,830,000 $71,146 $2,011 1.48%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    MLD MORTGAGE INC Conventional home mortgage Trouble during payment process 2 66.7%
    MLD MORTGAGE INC FHA mortgage Closing on a mortgage 1 33.3%