Mld Mortgage Rates, Fees & Info

Florham Park, NJ

LEI: 549300AG10BX85DF5S49

Tax ID: 22-3747694

2.9 stars - Updated: 2/19/24 - out of 5 stars, based on 47 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Mld Mortgage is a smaller mortgage company specializing in 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: Oxnard, New York, Los Angeles, Bakersfield, and Seattle among others. We have data for 185 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 a high 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 6.37% 2/19/24
30 Year Conventional Refi 6.44% 2/19/24
30 Year Cash-out Refi 6.69% 2/19/24
30 Year FHA Purchase 7.40% 2/19/24
30 Year FHA Refi 7.06% 2/19/24
30 Year VA Purchase 6.16% 2/19/24
30 Year USDA Purchase 6.73% 2/19/24
15 Year Conventional Purchase 5.89% 2/19/24
15 Year Conventional Refi 5.96% 2/19/24
15 Year Cash-out Refi 5.96% 2/19/24
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.

Mld Mortgage Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Mld Mortgage. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,214

Origination Dollar Volume (All Markets)

$835,840,000
Show all (32) awards

Relative Rate

Mld Mortgage's average 30 year fixed mortgage rate was 4.77%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.01%.

Relative Fees (Closing Costs)

Mld Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $8,605.

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
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 214 $121,820,000 $569,252 $8,854 4.63%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 278 $110,730,000 $398,309 $8,335 4.38%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 119 $76,175,000 $640,126 $9,655 4.56%
BAKERSFIELD, CA (FHA|USDA|VA) 239 $67,555,000 $282,657 $8,907 4.45%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 113 $46,255,000 $409,336 $8,429 4.85%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 132 $36,410,000 $275,833 $6,254 5.29%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 58 $29,090,000 $501,552 $11,524 4.67%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 62 $28,010,000 $451,774 $4,195 4.20%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 50 $24,790,000 $495,800 $7,220 4.99%
VISALIA, CA (FHA|USDA|VA) 88 $21,270,000 $241,705 $7,458 4.37%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 29 $18,435,000 $635,690 $12,426 5.13%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 62 $17,660,000 $284,839 $7,372 4.54%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 86 $16,850,000 $195,930 $6,470 4.19%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 39 $15,635,000 $400,897 $10,748 4.62%
MADERA, CA (FHA|USDA|VA) 38 $10,130,000 $266,579 $8,772 3.91%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 24 $9,740,000 $405,833 $4,162 4.43%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 31 $7,665,000 $247,258 $6,120 4.62%
RALEIGH-CARY, NC (FHA|USDA|VA) 17 $6,385,000 $375,588 $6,084 4.54%
FRESNO, CA (FHA|USDA|VA) 24 $6,320,000 $263,333 $6,943 4.08%
MODESTO, CA (FHA|USDA|VA) 21 $6,195,000 $295,000 $9,300 5.59%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $5,930,000 $370,625 $8,440 4.56%
Outside of Metro Areas 16 $4,990,000 $311,875 $8,767 5.19%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 11 $4,925,000 $447,727 $9,107 3.70%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $4,705,000 $361,923 $6,371 4.52%
STOCKTON, CA (FHA|USDA|VA) 10 $4,530,000 $453,000 $8,969 5.34%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 11 $4,175,000 $379,545 $12,018 5.34%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 9 $4,135,000 $459,444 $10,224 5.28%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $3,930,000 $327,500 $8,224 4.49%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 7 $3,455,000 $493,571 $8,248 4.57%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 11 $3,245,000 $295,000 $10,139 4.36%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 9 $3,155,000 $350,556 $4,267 4.65%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $3,045,000 $276,818 $4,026 4.24%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $2,985,000 $597,000 $11,275 3.83%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 7 $2,775,000 $396,429 $10,292 5.09%
MERCED, CA (FHA|USDA|VA) 7 $2,745,000 $392,143 $5,698 4.50%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $2,645,000 $529,000 $9,320 4.68%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $2,565,000 $285,000 $6,635 4.76%
VALLEJO, CA (FHA|USDA|VA) 8 $2,530,000 $316,250 $9,115 4.75%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 12 $2,480,000 $206,667 $11,147 4.96%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $2,380,000 $396,667 $11,491 5.42%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $2,330,000 $582,500 $12,036 3.72%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $2,315,000 $330,714 $7,376 4.45%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 5 $2,285,000 $457,000 $5,098 4.62%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $2,190,000 $365,000 $5,548 5.25%
Aberdeen, WA (FHA|USDA|VA) 9 $2,165,000 $240,556 $8,914 5.15%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 9 $2,035,000 $226,111 $0 4.19%
TUCSON, AZ (FHA|USDA|VA) 8 $2,010,000 $251,250 $8,375 5.41%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $1,960,000 $326,667 $4,753 3.88%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,665,000 $333,000 $6,593 4.10%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 8 $1,640,000 $205,000 $7,477 5.06%
Shelton, WA (FHA|USDA|VA) 4 $1,500,000 $375,000 $9,413 5.34%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $1,465,000 $488,333 $6,732 3.63%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,450,000 $362,500 $4,074 5.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,430,000 $238,333 $6,160 4.33%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,430,000 $357,500 $5,944 4.50%
RICHMOND, VA (FHA|USDA|VA) 5 $1,405,000 $281,000 $9,680 4.25%
LONGVIEW, WA (FHA|USDA|VA) 4 $1,390,000 $347,500 $7,649 5.18%
Brookings, OR (FHA|USDA|VA) 3 $1,325,000 $441,667 $9,646 5.33%
FAYETTEVILLE, NC (FHA|USDA|VA) 7 $1,305,000 $186,429 $8,897 4.89%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $1,300,000 $325,000 $4,710 4.63%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 6 $1,230,000 $205,000 $7,931 4.14%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $1,180,000 $590,000 $9,494 5.13%
Oak Harbor, WA (FHA|USDA|VA) 2 $1,130,000 $565,000 $18,076 5.25%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,075,000 $358,333 $10,106 5.29%
SALEM, OR (FHA|USDA|VA) 2 $1,070,000 $535,000 $15,781 5.74%
MADISON, WI (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $4,070 6.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,050,000 $525,000 $6,023 4.31%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $1,050,000 $525,000 $8,999 4.31%
Ellensburg, WA (FHA|USDA|VA) 3 $1,045,000 $348,333 $11,487 5.66%
BOISE CITY, ID (FHA|USDA|VA) 3 $1,025,000 $341,667 $5,227 4.29%
SALINAS, CA (FHA|USDA|VA) 2 $1,020,000 $510,000 $11,760 4.06%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $985,000 $197,000 $8,016 4.65%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $980,000 $245,000 $7,819 5.22%
Centralia, WA (FHA|USDA|VA) 3 $925,000 $308,333 $14,383 5.42%
PITTSBURGH, PA (FHA|USDA|VA) 2 $910,000 $455,000 $7,739 5.06%
Hilo, HI (FHA|USDA|VA) 2 $870,000 $435,000 $10,493 6.19%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $830,000 $415,000 $4,555 3.75%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $815,000 $271,667 $16,560 3.29%
TYLER, TX (FHA|USDA|VA) 2 $770,000 $385,000 $6,649 5.93%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $740,000 $370,000 $3,828 4.00%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $725,000 $241,667 $7,616 3.63%
Outside of Metro Areas 2 $720,000 $360,000 $9,390 4.81%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $705,000 $705,000 $6,481 4.75%
APPLETON, WI (FHA|USDA|VA) 4 $700,000 $175,000 $5,389 4.72%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $695,000 $695,000 $5,985 3.88%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $680,000 $340,000 $5,021 5.13%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $645,000 $645,000 $6,915 3.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $630,000 $315,000 $8,410 5.63%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $620,000 $310,000 $6,493 4.06%
WENATCHEE, WA (FHA|USDA|VA) 1 $605,000 $605,000 $12,025 5.63%
COLUMBIA, SC (FHA|USDA|VA) 2 $580,000 $290,000 $10,905 4.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $575,000 $575,000 $4,774 6.38%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $570,000 $285,000 $6,250 4.18%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $550,000 $275,000 $3,992 5.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $540,000 $270,000 $5,766 5.25%
Moses Lake, WA (FHA|USDA|VA) 1 $505,000 $505,000 $14,937 4.99%
BELLINGHAM, WA (FHA|USDA|VA) 1 $505,000 $505,000 $4,684 6.63%
GREENVILLE, NC (FHA|USDA|VA) 2 $480,000 $240,000 $9,790 5.69%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $450,000 $225,000 $11,369 4.94%
RENO, NV (FHA|USDA|VA) 1 $445,000 $445,000 $11,709 4.99%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $435,000 $435,000 $7,524 3.13%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $425,000 $425,000 $4,668 4.88%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $420,000 $210,000 $15,109 3.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $415,000 $415,000 $3,262 5.75%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $415,000 $415,000 $7,920 4.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $405,000 $405,000 $7,590 3.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $395,000 $395,000 $0 5.38%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $385,000 $385,000 $13,839 2.38%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $385,000 $385,000 $2,680 2.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $380,000 $190,000 $9,983 5.75%
VICTORIA, TX (FHA|USDA|VA) 1 $375,000 $375,000 $13,355 3.25%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $365,000 $365,000 $2,693 3.50%
ROANOKE, VA (FHA|USDA|VA) 2 $360,000 $180,000 $6,536 5.56%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $355,000 $355,000 $0 4.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $355,000 $355,000 $5,541 5.00%
Fernley, NV (FHA|USDA|VA) 1 $355,000 $355,000 $6,610 5.88%
Pullman, WA (FHA|USDA|VA) 1 $355,000 $355,000 $0 6.13%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $345,000 $345,000 $0 5.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $345,000 $69,000 $0 6.30%
LEBANON, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,369 2.75%
Morehead City, NC (FHA|USDA|VA) 1 $325,000 $325,000 $15,659 4.88%
Jefferson, GA (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.25%
IOWA CITY, IA (FHA|USDA|VA) 1 $315,000 $315,000 $3,589 3.63%
LANCASTER, PA (FHA|USDA|VA) 2 $310,000 $155,000 $7,327 5.56%
ANN ARBOR, MI (FHA|USDA|VA) 1 $305,000 $305,000 $4,969 3.88%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $305,000 $305,000 $12,527 3.25%
COLUMBUS, OH (FHA|USDA|VA) 1 $305,000 $305,000 $4,470 3.99%
SYRACUSE, NY (FHA|USDA|VA) 1 $295,000 $295,000 $4,971 4.63%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $295,000 $295,000 $4,507 3.99%
BATON ROUGE, LA (FHA|USDA|VA) 1 $295,000 $295,000 $7,595 3.38%
Sturgis, MI (FHA|USDA|VA) 1 $295,000 $295,000 $9,473 5.50%
Kapaa, HI (FHA|USDA|VA) 1 $285,000 $285,000 $4,226 3.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $280,000 $140,000 $0 5.50%
Palatka, FL (FHA|USDA|VA) 1 $275,000 $275,000 $4,540 5.75%
PINE BLUFF, AR (FHA|USDA|VA) 1 $265,000 $265,000 $9,511 4.63%
DULUTH, MN-WI (FHA|USDA|VA) 1 $265,000 $265,000 $3,571 4.88%
READING, PA (FHA|USDA|VA) 1 $255,000 $255,000 $10,297 5.25%
ODESSA, TX (FHA|USDA|VA) 1 $255,000 $255,000 $5,452 4.00%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $255,000 $255,000 $6,081 6.13%
FOND DU LAC, WI (FHA|USDA|VA) 1 $245,000 $245,000 $9,352 6.00%
Auburn, NY (FHA|USDA|VA) 1 $245,000 $245,000 $8,578 5.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $245,000 $245,000 $3,095 5.75%
SPARTANBURG, SC (FHA|USDA|VA) 1 $245,000 $245,000 $12,984 2.25%
Coos Bay, OR (FHA|USDA|VA) 1 $245,000 $245,000 $11,022 5.75%
JACKSON, MI (FHA|USDA|VA) 1 $235,000 $235,000 $6,553 2.75%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $13,663 5.50%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $225,000 $225,000 $8,116 6.50%
Prineville, OR (FHA|USDA|VA) 1 $225,000 $225,000 $8,191 5.88%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $220,000 $110,000 $4,588 2.81%
Cordele, GA (FHA|USDA|VA) 1 $215,000 $215,000 $8,221 4.88%
Nogales, AZ (FHA|USDA|VA) 1 $215,000 $215,000 $7,626 3.88%
HARRISONBURG, VA (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.88%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,730 6.63%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $215,000 $215,000 $7,636 5.63%
UTICA-ROME, NY (FHA|USDA|VA) 1 $205,000 $205,000 $7,434 4.99%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $205,000 $205,000 $10,228 3.75%
Kerrville, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,597 4.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,766 3.25%
HINESVILLE, GA (FHA|USDA|VA) 1 $195,000 $195,000 $1,633 5.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.50%
Shelby, NC (FHA|USDA|VA) 1 $195,000 $195,000 $7,982 6.25%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $185,000 $185,000 $7,096 4.75%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $175,000 $175,000 $8,877 4.63%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $175,000 $175,000 $8,571 5.63%
GOLDSBORO, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,808 2.88%
Whitewater, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,220 5.38%
Waycross, GA (FHA|USDA|VA) 1 $165,000 $165,000 $8,133 5.63%
Klamath Falls, OR (FHA|USDA|VA) 1 $165,000 $165,000 $8,234 5.38%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $155,000 $155,000 $4,844 3.49%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.99%
LONGVIEW, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,895 5.13%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $145,000 $145,000 $5,572 4.88%
Olean, NY (FHA|USDA|VA) 1 $145,000 $145,000 $4,064 5.63%
FORT WAYNE, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,753 5.13%
ROCKFORD, IL (FHA|USDA|VA) 2 $130,000 $65,000 $0 3.31%
LUBBOCK, TX (FHA|USDA|VA) 1 $125,000 $125,000 $7,546 2.38%
KNOXVILLE, TN (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.13%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $115,000 $115,000 $5,516 5.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $105,000 $105,000 $3,575 5.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $105,000 $105,000 $4,032 5.88%
Danville, VA (FHA|USDA|VA) 1 $95,000 $95,000 $5,121 4.00%
Paris, TX (FHA|USDA|VA) 1 $95,000 $95,000 $7,136 2.88%
Pottsville, PA (FHA|USDA|VA) 1 $75,000 $75,000 $4,381 3.50%
ROCHESTER, NY (FHA|USDA|VA) 1 $75,000 $75,000 $5,293 6.25%
YUMA, AZ (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.50%
Mld Mortgage's top markets include Oxnard, New York, Los Angeles, Bakersfield, and Seattle among others.

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,756 $662,410,000 $377,227 $6,663 4.54%
    FHA 379 $133,805,000 $353,047 $13,193 4.97%
    VA 73 $38,445,000 $526,644 $11,820 4.63%
    USDA 6 $1,180,000 $196,667 $8,157 4.50%

    For 2022, Mld Mortgage's most frequently originated type of loan was Conventional, with 1,756 originations. Their 2nd most popular type was FHA, with 379 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,639 $624,195,000 $380,839 $8,679 4.74%
    Cash Out Refi 379 $133,375,000 $351,913 $6,963 4.48%
    Refi 196 $78,270,000 $399,337 $6,565 3.82%

    For 2022, Mld Mortgage's most frequently cited loan purpose was Home Purchase, with 1,639 originations. The 2nd most popular reason was Cash Out Refi, with 379 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,003 $776,105,000 $387,471 $8,605 4.77%
    15 Year 123 $40,115,000 $326,138 $4,549 3.71%
    5 Year 34 $580,000 $17,059 $108 0.03%
    20 Year 32 $12,010,000 $375,313 $4,993 3.71%
    10 Year 11 $2,525,000 $229,545 $3,265 2.47%
    Other 6 $1,650,000 $275,000 $4,551 3.67%
    30+ year 5 $2,855,000 $571,000 $6,571 7.63%

    For 2022, Mld Mortgage's most frequently cited loan duration was 30 Year, with 2,003 originations. The 2nd most popular length was 15 Year, with 123 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 853 $343,295,000 $402,456
    $5k+ 432 $213,390,000 $493,958
    $2k-3k 196 $64,820,000 $330,714
    $3k-4k 155 $52,825,000 $340,806
    $4k-5k 144 $52,610,000 $365,347
    $<1k 110 $4,270,000 $38,818

    Mld Mortgage's average total fees were $8,605, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 853 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 587 $220,995,000 $376,482
    3-4% 537 $208,065,000 $387,458
    4-5% 531 $222,175,000 $418,409
    6-7% 251 $98,015,000 $390,498
    <2.5% 135 $15,595,000 $115,519
    2.5-3% 107 $44,095,000 $412,103
    7-8% 50 $20,980,000 $419,600
    Over 8% 16 $5,920,000 $370,000

    During 2022, Mld Mortgage's average interest rate for loans was 4.77%, while their most frequently originated rate bucket for loans was 5-6%, with 587 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 940 $279,160,000 $296,979 $7,595 4.85%
    $400k-600k 572 $277,670,000 $485,437 $8,953 4.74%
    $100k-200k 270 $43,330,000 $160,481 $5,389 4.79%
    $600k-1MM 265 $186,475,000 $703,679 $11,657 4.84%
    $100,000 or less 135 $4,285,000 $31,741 $1,776 1.53%
    $1MM+ 32 $44,920,000 $1,403,750 $12,358 4.80%

    2022 saw Mld Mortgage place emphasis on $200k-400k loans with 940 originations, totaling $279,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 624 $247,110,000 $396,010 $8,793 4.59%
    $150k-250k 459 $219,445,000 $478,094 $8,718 4.69%
    $75k-100k 392 $123,110,000 $314,056 $8,184 4.64%
    $50k-75k 364 $89,020,000 $244,560 $7,399 4.45%
    $250k+ 205 $122,665,000 $598,366 $8,595 4.75%
    $50k or less 162 $32,080,000 $198,025 $6,093 4.54%

    Mld Mortgage lent most frequently to those with incomes in the $100k-150k range, with 624 originations. The second most popular income band? $150k-250k, with 459 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 272 $101,310,000 $372,463 $7,009 4.51%
    20-30% 232 $90,700,000 $390,948 $6,394 4.28%
    49% 173 $67,175,000 $388,295 $8,581 4.84%
    50-60% 158 $59,860,000 $378,861 $13,387 4.95%
    44% 142 $53,540,000 $377,042 $8,344 4.53%
    48% 123 $49,125,000 $399,390 $8,880 4.67%
    42% 121 $50,835,000 $420,124 $7,663 4.93%
    47% 111 $42,505,000 $382,928 $8,768 4.84%
    46% 110 $40,100,000 $364,545 $8,536 4.71%
    43% 108 $37,520,000 $347,407 $7,563 4.82%
    41% 97 $33,655,000 $346,959 $7,720 4.46%
    45% 90 $33,270,000 $369,667 $7,921 4.72%
    40% 87 $32,415,000 $372,586 $8,407 4.40%
    39% 85 $31,345,000 $368,765 $8,056 4.07%
    38% 73 $26,825,000 $367,466 $7,990 4.44%
    <20% 69 $22,495,000 $326,014 $4,938 3.94%
    37% 66 $24,630,000 $373,182 $6,639 4.73%
    36% 58 $21,890,000 $377,414 $6,862 4.31%
    >60% 14 $7,390,000 $527,857 $13,227 4.21%

    Mld Mortgage lent most frequently to those with DTI ratios of 30-36%, with 272 originations. The next most common DTI ratio? 20-30%, with 232 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,240 $458,640,000 $369,871 $8,638 4.65%
    Asian 573 $230,535,000 $402,330 $6,424 4.45%
    Not provided 190 $72,520,000 $381,684 $8,409 4.70%
    Black 154 $49,510,000 $321,494 $9,451 4.82%
    Asian Indian 15 $6,685,000 $445,667 $5,648 4.50%
    American Indian 13 $4,425,000 $340,385 $12,015 4.24%
    Native Hawaiian or Islander 7 $4,225,000 $603,571 $15,178 4.86%
    Chinese 9 $3,055,000 $339,444 $6,774 4.71%
    Other Asian 7 $2,845,000 $406,429 $13,393 4.89%
    Other Pacific Islander 3 $1,445,000 $481,667 $12,217 5.63%
    Vietnamese 2 $1,170,000 $585,000 $7,482 4.44%
    Japanese 1 $785,000 $785,000 $8,695 7.13%

    Approval Rates

    Total approvals of all applications
    93.96%

    Mld Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    54.61%

    Mld Mortgage has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,214 $835,840,000 $377,525

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,214 $835,840,000 $377,525

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 77 $19,785,000 $256,948 $5,037 4.71%
    40-60% 265 $87,815,000 $331,377 $5,424 4.35%
    60-80% 794 $323,280,000 $407,154 $7,328 4.73%
    80-100% 953 $393,325,000 $412,723 $9,724 5.03%
    Over 100% 16 $8,630,000 $539,375 $21,681 4.41%
    Under 20% 109 $3,005,000 $27,569 $723 0.72%