Mld Mortgage Rates, Fees & Info

Florham Park, NJ

LEI: 549300AG10BX85DF5S49

Tax ID: 22-3747694

5 stars - Updated: 4/5/25 - out of 5 stars, based on 57 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Mld Mortgage is a small 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. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Oklahoma City, Chicago, Oxnard, and San Francisco among others. We have data for 188 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 6.56% 4/5/25
30 Year Conventional Refi 6.80% 4/5/25
30 Year Cash-out Refi 7.10% 4/5/25
30 Year FHA Purchase 7.25% 4/5/25
30 Year FHA Refi 6.82% 4/5/25
30 Year VA Purchase 6.29% 4/5/25
30 Year VA Refi 5.82% 4/5/25
30 Year USDA Purchase 7.32% 4/5/25
15 Year Conventional Purchase 5.96% 4/5/25
15 Year Conventional Refi 5.99% 4/5/25
15 Year Cash-out Refi 5.99% 4/5/25
15 Year FHA Purchase 7.22% 4/5/25
15 Year FHA Refi 6.00% 4/5/25
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

3,199

Origination Dollar Volume (All Markets)

$1,116,405,000
Show all (18) awards

Relative Rate

Mld Mortgage's average 30 year fixed mortgage rate was 6.41%.

The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

This yields a difference of -0.14%.

Relative Fees (Closing Costs)

Mld Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $8,062.

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 $8,356.

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) 299 $134,165,000 $448,712 $8,550 6.45%
OKLAHOMA CITY, OK (FHA|USDA|VA) 419 $112,445,000 $268,365 $7,566 6.30%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 294 $89,840,000 $305,578 $7,647 6.52%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 144 $83,630,000 $580,764 $8,817 6.34%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 134 $67,850,000 $506,343 $10,311 5.80%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 98 $60,920,000 $621,633 $10,958 6.58%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 193 $60,075,000 $311,269 $7,091 6.13%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 154 $41,310,000 $268,247 $6,248 5.56%
PEORIA, IL (FHA|USDA|VA) 266 $41,240,000 $155,038 $4,049 6.17%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 76 $39,470,000 $519,342 $5,665 6.52%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 87 $39,255,000 $451,207 $11,549 5.91%
BAKERSFIELD, CA (FHA|USDA|VA) 113 $31,245,000 $276,504 $9,700 5.70%
Outside of Metro Areas 81 $19,645,000 $242,531 $6,919 6.61%
VISALIA, CA (FHA|USDA|VA) 64 $18,300,000 $285,938 $7,431 6.30%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 35 $15,905,000 $454,429 $10,026 6.38%
Kerrville, TX (FHA|USDA|VA) 48 $15,830,000 $329,792 $6,220 6.66%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 36 $14,030,000 $389,722 $9,721 5.93%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 13 $9,355,000 $719,615 $22,614 6.37%
VALLEJO, CA (FHA|USDA|VA) 21 $9,005,000 $428,810 $11,335 5.58%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 19 $7,805,000 $410,789 $9,225 6.01%
RENO, NV (FHA|USDA|VA) 18 $7,110,000 $395,000 $5,175 6.83%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 19 $6,795,000 $357,632 $6,577 6.72%
STOCKTON, CA (FHA|USDA|VA) 16 $6,380,000 $398,750 $9,966 5.66%
Aberdeen, WA (FHA|USDA|VA) 15 $5,375,000 $358,333 $9,167 6.35%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 19 $5,085,000 $267,632 $4,850 6.58%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $5,000,000 $416,667 $4,091 6.88%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 9 $4,975,000 $552,778 $8,942 6.69%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 12 $4,660,000 $388,333 $7,089 5.78%
CEDAR RAPIDS, IA (FHA|USDA|VA) 22 $4,460,000 $202,727 $7,158 6.96%
Centralia, WA (FHA|USDA|VA) 14 $4,310,000 $307,857 $8,385 5.57%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 12 $4,300,000 $358,333 $4,016 6.54%
DOVER, DE (FHA|USDA|VA) 10 $3,750,000 $375,000 $8,063 6.34%
WACO, TX (FHA|USDA|VA) 10 $3,540,000 $354,000 $10,684 6.73%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $3,540,000 $590,000 $6,662 6.73%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 12 $3,490,000 $290,833 $6,884 6.47%
Shelton, WA (FHA|USDA|VA) 11 $3,405,000 $309,545 $6,979 5.92%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 8 $3,360,000 $420,000 $9,556 6.79%
SALISBURY, MD-DE (FHA|USDA|VA) 7 $3,255,000 $465,000 $9,894 6.71%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $3,220,000 $536,667 $8,786 6.89%
WORCESTER, MA-CT (FHA|USDA|VA) 6 $3,200,000 $533,333 $6,938 6.29%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 18 $3,100,000 $172,222 $4,345 5.48%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $2,965,000 $423,571 $13,097 6.46%
RICHMOND, VA (FHA|USDA|VA) 7 $2,835,000 $405,000 $10,154 5.98%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 7 $2,815,000 $402,143 $7,197 6.77%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 4 $2,790,000 $697,500 $6,147 7.13%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $2,685,000 $537,000 $3,412 5.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $2,670,000 $445,000 $6,516 6.79%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 6 $2,650,000 $441,667 $5,164 6.73%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 6 $2,600,000 $433,333 $4,427 6.58%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $2,595,000 $370,714 $7,064 6.62%
FRESNO, CA (FHA|USDA|VA) 8 $2,470,000 $308,750 $5,524 6.23%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 12 $2,370,000 $197,500 $5,783 5.03%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $2,220,000 $1,110,000 $7,663 7.87%
YAKIMA, WA (FHA|USDA|VA) 5 $2,075,000 $415,000 $11,746 6.45%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $1,865,000 $373,000 $7,842 6.45%
Shawnee, OK (FHA|USDA|VA) 8 $1,790,000 $223,750 $4,741 6.45%
LONGVIEW, WA (FHA|USDA|VA) 4 $1,780,000 $445,000 $12,668 6.16%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,735,000 $578,333 $7,548 6.67%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,685,000 $561,667 $11,047 6.04%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $1,595,000 $531,667 $11,298 6.58%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $1,515,000 $505,000 $17,736 6.42%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $1,475,000 $491,667 $5,610 8.42%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,450,000 $362,500 $6,876 7.34%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $1,435,000 $478,333 $6,342 6.37%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,345,000 $448,333 $11,294 6.83%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,325,000 $441,667 $2,980 7.17%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,441 6.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $1,230,000 $307,500 $11,122 6.75%
BEND, OR (FHA|USDA|VA) 3 $1,165,000 $388,333 $11,275 6.54%
REDDING, CA (FHA|USDA|VA) 3 $1,155,000 $385,000 $10,598 6.46%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $1,145,000 $381,667 $7,786 7.00%
Oak Harbor, WA (FHA|USDA|VA) 2 $1,140,000 $570,000 $8,651 6.25%
ROCKFORD, IL (FHA|USDA|VA) 8 $1,090,000 $136,250 $4,988 5.14%
COLUMBUS, OH (FHA|USDA|VA) 3 $1,045,000 $348,333 $5,202 6.54%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $8,464 7.38%
Klamath Falls, OR (FHA|USDA|VA) 2 $970,000 $485,000 $18,978 6.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $965,000 $321,667 $11,603 6.33%
MODESTO, CA (FHA|USDA|VA) 4 $950,000 $237,500 $5,587 4.84%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $935,000 $311,667 $15,517 6.88%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $935,000 $187,000 $0 7.70%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $935,000 $311,667 $7,065 6.58%
Sevierville, TN (FHA|USDA|VA) 2 $930,000 $465,000 $0 7.19%
BLOOMINGTON, IL (FHA|USDA|VA) 5 $905,000 $181,000 $3,771 6.92%
Fredericksburg, TX (FHA|USDA|VA) 3 $885,000 $295,000 $4,870 6.70%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $880,000 $440,000 $12,233 6.63%
Hilo, HI (FHA|USDA|VA) 2 $860,000 $430,000 $7,191 6.06%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $850,000 $212,500 $8,038 6.75%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $845,000 $281,667 $7,839 6.41%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $835,000 $278,333 $6,416 6.71%
Ellensburg, WA (FHA|USDA|VA) 2 $820,000 $410,000 $5,795 7.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $815,000 $815,000 $7,368 7.38%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $800,000 $400,000 $5,189 6.13%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $790,000 $395,000 $8,621 6.24%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $735,000 $735,000 $7,088 6.13%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $730,000 $365,000 $10,537 6.81%
KNOXVILLE, TN (FHA|USDA|VA) 3 $725,000 $241,667 $5,265 6.83%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $695,000 $231,667 $8,208 6.21%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $680,000 $340,000 $4,346 7.44%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $670,000 $335,000 $2,731 6.44%
MORRISTOWN, TN (FHA|USDA|VA) 1 $625,000 $625,000 $5,073 7.13%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $620,000 $310,000 $3,916 6.99%
Miami, OK (FHA|USDA|VA) 1 $605,000 $605,000 $11,419 8.88%
SAVANNAH, GA (FHA|USDA|VA) 2 $600,000 $300,000 $0 6.81%
Port Angeles, WA (FHA|USDA|VA) 2 $600,000 $300,000 $8,848 6.25%
IOWA CITY, IA (FHA|USDA|VA) 4 $600,000 $150,000 $6,469 5.16%
NILES, MI (FHA|USDA|VA) 2 $590,000 $295,000 $7,561 6.81%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $585,000 $585,000 $3,978 7.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $575,000 $191,667 $5,823 6.71%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 4 $570,000 $142,500 $10,894 5.25%
Galesburg, IL (FHA|USDA|VA) 2 $570,000 $285,000 $4,197 7.25%
LANCASTER, PA (FHA|USDA|VA) 2 $530,000 $265,000 $7,683 6.13%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $530,000 $265,000 $6,532 7.63%
KANKAKEE, IL (FHA|USDA|VA) 2 $530,000 $265,000 $8,997 6.93%
TUCSON, AZ (FHA|USDA|VA) 2 $530,000 $265,000 $8,281 5.94%
NEW BERN, NC (FHA|USDA|VA) 2 $510,000 $255,000 $12,491 5.88%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 4 $500,000 $125,000 $1,426 5.25%
SPRINGFIELD, IL (FHA|USDA|VA) 4 $500,000 $125,000 $4,940 5.09%
McAlester, OK (FHA|USDA|VA) 1 $495,000 $495,000 $15,013 6.13%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $495,000 $495,000 $3,199 6.99%
TULSA, OK (FHA|USDA|VA) 1 $495,000 $495,000 $9,854 6.99%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $485,000 $485,000 $8,875 6.63%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $480,000 $240,000 $4,534 7.18%
MORGANTOWN, WV (FHA|USDA|VA) 1 $445,000 $445,000 $17,060 5.99%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $435,000 $435,000 $3,289 7.38%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $425,000 $425,000 $5,557 5.63%
Roseburg, OR (FHA|USDA|VA) 1 $425,000 $425,000 $20,104 6.13%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $415,000 $415,000 $18,446 5.25%
GREENVILLE, NC (FHA|USDA|VA) 1 $405,000 $405,000 $10,863 6.63%
LEBANON, PA (FHA|USDA|VA) 2 $400,000 $200,000 $4,438 7.99%
MERCED, CA (FHA|USDA|VA) 1 $395,000 $395,000 $7,826 7.13%
Ottawa, IL (FHA|USDA|VA) 2 $390,000 $195,000 $3,587 6.37%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $385,000 $385,000 $0 7.00%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $365,000 $365,000 $12,317 6.25%
Coos Bay, OR (FHA|USDA|VA) 1 $355,000 $355,000 $13,320 7.13%
BELLINGHAM, WA (FHA|USDA|VA) 1 $345,000 $345,000 $0 7.13%
EL CENTRO, CA (FHA|USDA|VA) 1 $325,000 $325,000 $10,269 5.75%
Fernley, NV (FHA|USDA|VA) 1 $315,000 $315,000 $11,100 6.63%
WILMINGTON, NC (FHA|USDA|VA) 1 $315,000 $315,000 $13,898 5.88%
OCALA, FL (FHA|USDA|VA) 1 $315,000 $315,000 $9,778 7.25%
MOBILE, AL (FHA|USDA|VA) 1 $315,000 $315,000 $4,031 6.99%
Palatka, FL (FHA|USDA|VA) 1 $295,000 $295,000 $18,428 5.50%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $295,000 $295,000 $4,177 7.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,490 6.63%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $3,468 6.38%
Elk City, OK (FHA|USDA|VA) 1 $275,000 $275,000 $9,293 6.75%
RACINE, WI (FHA|USDA|VA) 1 $275,000 $275,000 $2,999 6.25%
Cookeville, TN (FHA|USDA|VA) 1 $275,000 $275,000 $9,037 6.50%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $275,000 $275,000 $11,356 6.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $270,000 $135,000 $4,123 9.13%
Red Bluff, CA (FHA|USDA|VA) 1 $265,000 $265,000 $0 8.63%
Lebanon, NH-VT (FHA|USDA|VA) 1 $265,000 $265,000 $5,007 6.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $265,000 $265,000 $3,476 6.63%
ENID, OK (FHA|USDA|VA) 1 $265,000 $265,000 $11,479 6.50%
AMARILLO, TX (FHA|USDA|VA) 1 $255,000 $255,000 $8,893 6.50%
LAWTON, OK (FHA|USDA|VA) 1 $255,000 $255,000 $8,204 6.63%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $255,000 $255,000 $0 7.50%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $245,000 $245,000 $8,656 5.75%
GETTYSBURG, PA (FHA|USDA|VA) 1 $245,000 $245,000 $10,527 6.38%
APPLETON, WI (FHA|USDA|VA) 1 $245,000 $245,000 $0 7.50%
Stevens Point, WI (FHA|USDA|VA) 1 $245,000 $245,000 $8,183 6.75%
MIDLAND, TX (FHA|USDA|VA) 1 $235,000 $235,000 $3,700 5.88%
Frankfort, IN (FHA|USDA|VA) 1 $235,000 $235,000 $1,645 6.50%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $2,852 6.49%
New Ulm, MN (FHA|USDA|VA) 1 $225,000 $225,000 $6,413 6.49%
Rochelle, IL (FHA|USDA|VA) 1 $225,000 $225,000 $9,045 6.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $215,000 $215,000 $4,768 7.13%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $215,000 $215,000 $9,875 5.13%
Dixon, IL (FHA|USDA|VA) 2 $210,000 $105,000 $0 3.31%
Mount Pleasant, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,783 6.99%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,154 6.88%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $5,028 7.63%
Pullman, WA (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.13%
COLUMBIA, SC (FHA|USDA|VA) 1 $195,000 $195,000 $6,132 7.50%
SAN ANGELO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,335 6.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,472 7.75%
DANVILLE, IL (FHA|USDA|VA) 4 $180,000 $45,000 $0 3.53%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.75%
Sandpoint, ID (FHA|USDA|VA) 1 $165,000 $165,000 $3,342 6.63%
PITTSBURGH, PA (FHA|USDA|VA) 1 $155,000 $155,000 $4,568 10.38%
Altus, OK (FHA|USDA|VA) 1 $155,000 $155,000 $2,818 6.25%
Clearlake, CA (FHA|USDA|VA) 1 $155,000 $155,000 $8,680 5.50%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.99%
Oskaloosa, IA (FHA|USDA|VA) 1 $125,000 $125,000 $6,930 6.75%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.99%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.88%
Fort Dodge, IA (FHA|USDA|VA) 1 $105,000 $105,000 $6,054 6.99%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.99%
Duncan, OK (FHA|USDA|VA) 1 $75,000 $75,000 $5,123 5.88%
Mld Mortgage's top markets include New York, Oklahoma City, Chicago, Oxnard, and San Francisco among others.

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

    Columbia Bank
    Similarity Rank: 32
    VENTURA COUNTY
    Similarity Rank: 56
    COASTHILLS
    Similarity Rank: 64
    CALIFORNIA CREDIT UNION
    Similarity Rank: 72
    MYPOINT Credit Union
    Similarity Rank: 81
    County Savings Bank
    Similarity Rank: 82
    SAN ANTONIO CITIZENS
    Similarity Rank: 156
    Mid-Atlantic Federal Credit Union
    Similarity Rank: 168

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,277 $787,885,000 $346,019 $6,138 6.23%
    FHA 674 $232,020,000 $344,243 $12,976 6.41%
    VA 213 $88,315,000 $414,624 $7,442 6.07%
    USDA 22 $4,300,000 $195,455 $6,601 6.58%
    FHA 9 $2,685,000 $298,333 $0 7.40%
    Reverse Mortgage 4 $1,200,000 $300,000 $0 10.35%

    For 2024, Mld Mortgage's most frequently originated type of loan was Conventional, with 2,277 originations. Their 2nd most popular type was FHA, with 674 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,779 $944,365,000 $339,822 $7,746 6.21%
    Refi 230 $102,830,000 $447,087 $7,475 6.36%
    Cash Out Refi 190 $69,210,000 $364,263 $8,233 6.94%

    For 2024, Mld Mortgage's most frequently cited loan purpose was Home Purchase, with 2,779 originations. The 2nd most popular reason was Refi, with 230 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,952 $1,053,830,000 $356,988 $8,062 6.41%
    15 Year 81 $27,615,000 $340,926 $5,011 5.94%
    20 Year 58 $24,660,000 $425,172 $4,923 6.30%
    5 Year 44 $830,000 $18,864 $0 0.00%
    10 Year 34 $660,000 $19,412 $1,092 1.75%
    Other 28 $7,500,000 $267,857 $7,160 7.50%
    1 Year 2 $1,310,000 $655,000 $0 9.75%

    For 2024, Mld Mortgage's most frequently cited loan duration was 30 Year, with 2,952 originations. The 2nd most popular length was 15 Year, with 81 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,471 $538,225,000 $365,891
    $5k+ 526 $248,130,000 $471,730
    $2k-3k 300 $92,430,000 $308,100
    $3k-4k 261 $84,095,000 $322,203
    $<1k 239 $21,715,000 $90,858
    $4k-5k 167 $58,825,000 $352,246

    Mld Mortgage's average total fees were $8,062, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,471 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,867 $663,765,000 $355,525
    5-6% 552 $218,800,000 $396,377
    7-8% 546 $204,310,000 $374,194
    <2.5% 172 $3,430,000 $19,942
    Over 8% 46 $19,780,000 $430,000
    4-5% 16 $6,320,000 $395,000

    During 2024, Mld Mortgage's average interest rate for loans was 6.41%, while their most frequently originated rate bucket for loans was 6-7%, with 1,867 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,295 $383,765,000 $296,344 $7,526 6.57%
    $400k-600k 674 $325,900,000 $483,531 $9,691 6.57%
    $100k-200k 548 $84,660,000 $154,489 $5,205 6.59%
    $600k-1MM 378 $273,280,000 $722,963 $11,133 6.58%
    $100,000 or less 273 $10,175,000 $37,271 $1,684 2.92%
    $1MM+ 31 $38,625,000 $1,245,968 $12,878 7.08%

    2024 saw Mld Mortgage place emphasis on $200k-400k loans with 1,295 originations, totaling $383,765,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 896 $311,470,000 $347,623 $8,343 6.22%
    $150k-250k 717 $339,915,000 $474,079 $8,926 6.51%
    $75k-100k 531 $137,605,000 $259,143 $7,226 5.98%
    $50k-75k 494 $92,220,000 $186,680 $6,095 5.96%
    $250k+ 303 $179,295,000 $591,733 $7,975 6.87%
    $50k or less 249 $52,955,000 $212,671 $5,837 6.21%

    Mld Mortgage lent most frequently to those with incomes in the $100k-150k range, with 896 originations. The second most popular income band? $150k-250k, with 717 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 444 $139,460,000 $314,099 $6,217 6.29%
    20-30% 378 $113,160,000 $299,365 $6,223 6.29%
    50-60% 258 $103,960,000 $402,946 $13,467 6.16%
    49% 231 $93,065,000 $402,879 $8,957 6.57%
    44% 165 $63,245,000 $383,303 $8,062 6.49%
    48% 165 $58,655,000 $355,485 $7,364 6.42%
    46% 148 $57,060,000 $385,541 $8,233 6.40%
    42% 142 $53,930,000 $379,789 $6,968 5.93%
    45% 137 $49,255,000 $359,526 $8,057 6.12%
    47% 136 $49,780,000 $366,029 $7,664 6.47%
    43% 135 $43,755,000 $324,111 $6,880 6.05%
    40% 133 $49,395,000 $371,391 $8,031 6.36%
    41% 126 $42,840,000 $340,000 $7,405 6.08%
    39% 118 $39,820,000 $337,458 $7,213 6.12%
    37% 113 $35,275,000 $312,168 $6,605 5.85%
    38% 100 $34,350,000 $343,500 $7,331 5.99%
    36% 97 $28,845,000 $297,371 $6,864 5.88%
    <20% 87 $24,125,000 $277,299 $4,851 6.40%
    >60% 13 $4,315,000 $331,923 $6,933 5.39%

    Mld Mortgage lent most frequently to those with DTI ratios of 30-36%, with 444 originations. The next most common DTI ratio? 20-30%, with 378 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,290 $758,180,000 $331,083 $7,808 6.23%
    Asian 482 $214,540,000 $445,104 $6,573 6.54%
    Black 204 $66,250,000 $324,755 $9,477 6.04%
    Not provided 147 $52,985,000 $360,442 $7,984 6.38%
    American Indian 57 $16,895,000 $296,404 $7,293 6.42%
    Native Hawaiian or Islander 15 $5,305,000 $353,667 $7,976 5.61%
    Asian Indian 2 $1,180,000 $590,000 $7,311 5.81%
    Korean 1 $715,000 $715,000 $24,331 4.88%
    Chinese 1 $355,000 $355,000 $4,597 5.99%

    Approval Rates

    Total approvals of all applications
    96.28%

    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
    70.77%

    Mld Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,199 $1,116,405,000 $348,986

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,199 $1,116,405,000 $348,986

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 124 $32,100,000 $258,871 $5,059 6.21%
    40-60% 281 $101,565,000 $361,441 $6,033 6.61%
    60-80% 816 $321,880,000 $394,461 $6,833 6.74%
    80-100% 1,743 $638,155,000 $366,124 $8,982 6.56%
    Over 100% 45 $17,685,000 $393,000 $12,828 6.04%
    Under 20% 190 $5,020,000 $26,421 $495 1.15%