Mld Mortgage Rates, Fees & Info
Florham Park, NJLEI: 549300AG10BX85DF5S49
Tax ID: 22-3747694
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
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. 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, Chicago, Philadelphia, Atlantic City, and Miami among others. We have data for 137 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 | 6.37% | 4/21/24 |
| 30 Year Conventional Refi | 6.44% | 4/21/24 |
| 30 Year Cash-out Refi | 6.69% | 4/21/24 |
| 30 Year FHA Purchase | 7.40% | 4/21/24 |
| 30 Year FHA Refi | 7.06% | 4/21/24 |
| 30 Year VA Purchase | 6.16% | 4/21/24 |
| 30 Year USDA Purchase | 6.73% | 4/21/24 |
| 15 Year Conventional Purchase | 5.89% | 4/21/24 |
| 15 Year Conventional Refi | 5.96% | 4/21/24 |
| 15 Year Cash-out Refi | 5.96% | 4/21/24 |
| 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
1,151Origination Dollar Volume (All Markets)
$283,225,000Awards
MLD MORTGAGE - 2018
MLD MORTGAGE is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for MLD MORTGAGE?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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) | 298 | $99,550,000 | $334,060 | $6,979 | 4.57% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 119 | $17,045,000 | $143,235 | $4,451 | 5.05% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 68 | $16,550,000 | $243,382 | $7,051 | 4.84% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 70 | $11,160,000 | $159,429 | $4,991 | 5.08% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 33 | $10,705,000 | $324,394 | $6,313 | 4.96% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 54 | $10,660,000 | $197,407 | $6,223 | 4.99% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 30 | $7,560,000 | $252,000 | $3,812 | 4.53% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 23 | $7,405,000 | $321,957 | $10,881 | 4.45% |
| TUCSON, AZ (FHA|USDA|VA) | 36 | $6,670,000 | $185,278 | $5,300 | 4.79% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 13 | $5,495,000 | $422,692 | $5,574 | 4.71% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 18 | $5,090,000 | $282,778 | $6,238 | 4.60% |
| EL PASO, TX (FHA|USDA|VA) | 31 | $4,805,000 | $155,000 | $5,805 | 5.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 17 | $4,775,000 | $280,882 | $5,644 | 4.36% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 16 | $4,030,000 | $251,875 | $6,296 | 4.78% |
| Outside of Metro Areas | 23 | $3,755,000 | $163,261 | $5,424 | 4.84% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 7 | $3,375,000 | $482,143 | $8,909 | 4.79% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 13 | $2,715,000 | $208,846 | $7,002 | 4.75% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 6 | $2,360,000 | $393,333 | $9,571 | 4.83% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 9 | $2,305,000 | $256,111 | $8,640 | 4.86% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $2,240,000 | $280,000 | $8,811 | 4.31% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 10 | $2,050,000 | $205,000 | $6,083 | 4.53% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 9 | $2,005,000 | $222,778 | $7,637 | 5.14% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 6 | $1,930,000 | $321,667 | $5,591 | 4.54% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $4,152 | 4.58% |
| AKRON, OH (FHA|USDA|VA) | 5 | $1,565,000 | $313,000 | $5,406 | 5.23% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $10,727 | 4.09% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 9 | $1,445,000 | $160,556 | $4,428 | 5.44% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 6 | $1,400,000 | $233,333 | $8,563 | 4.27% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $1,385,000 | $277,000 | $4,209 | 4.70% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $1,305,000 | $261,000 | $3,719 | 4.30% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $4,927 | 4.92% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $4,204 | 5.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 6 | $1,120,000 | $186,667 | $5,307 | 4.58% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,100,000 | $550,000 | $7,367 | 5.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $1,015,000 | $145,000 | $6,531 | 4.75% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $3,079 | 4.17% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $4,666 | 4.96% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $7,526 | 4.88% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 7 | $895,000 | $127,857 | $5,525 | 4.77% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $5,534 | 4.21% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 6 | $880,000 | $146,667 | $8,674 | 4.96% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $4,979 | 4.88% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $6,096 | 5.06% |
| COLUMBUS, OH (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $8,316 | 4.73% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $10,557 | 4.08% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $4,340 | 4.92% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $4,112 | 4.69% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $9,096 | 4.92% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $7,661 | 4.59% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $6,406 | 5.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $7,944 | 4.96% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $11,818 | 4.50% |
| RICHMOND, VA (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $5,306 | 4.69% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $3,494 | 4.69% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $3,518 | 4.46% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $5,796 | 4.97% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,651 | 5.88% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $4,850 | 4.54% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $6,574 | 4.88% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $5,109 | 4.69% |
| SALEM, OR (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $8,397 | 4.25% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,251 | 4.38% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $4,576 | 4.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $6,435 | 4.58% |
| TULSA, OK (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,424 | 4.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $3,354 | 4.06% |
| LAS CRUCES, NM (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $8,658 | 4.69% |
| ROANOKE, VA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,683 | 5.00% |
| Danville, VA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,730 | 4.50% |
| GLENS FALLS, NY (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $7,706 | 4.83% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,612 | 4.69% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,295 | 4.50% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,055 | 4.50% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,101 | 5.69% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $11,011 | 3.88% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,476 | 4.38% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,143 | 5.63% |
| Van Wert, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,635 | 3.88% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $9,888 | 4.50% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $14,657 | 4.88% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,198 | 4.50% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $18,268 | 5.38% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,891 | 4.75% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,374 | 5.50% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,678 | 3.50% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,539 | 4.75% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,618 | 5.13% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,877 | 4.50% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,636 | 4.50% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,659 | 4.63% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,292 | 4.38% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 5.13% |
| Mount Gay-Shamrock, WV (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,663 | 5.00% |
| Hobbs, NM (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $5,175 | 5.13% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,465 | 4.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,250 | 4.63% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,815 | 5.25% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,258 | 5.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $575 | 5.13% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,192 | 4.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,457 | 4.88% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,949 | 4.50% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,951 | 4.38% |
| Columbus, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,477 | 5.00% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,250 | 4.50% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,807 | 5.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,955 | 4.75% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,880 | 5.25% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,920 | 4.75% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,878 | 4.75% |
| Somerset, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,229 | 4.75% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,352 | 5.25% |
| FLINT, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,463 | 4.75% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,950 | 5.13% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,722 | 4.38% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,716 | 4.75% |
| Auburn, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,022 | 5.38% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,208 | 4.63% |
| Marshalltown, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,365 | 5.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,095 | 4.63% |
| Deming, NM (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,309 | 4.38% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,753 | 4.88% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,565 | 4.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $150 | 5.63% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,635 | 4.50% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,645 | 5.13% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,333 | 4.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,738 | 4.88% |
| Malone, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,260 | 4.50% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,757 | 5.50% |
| Big Stone Gap, VA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,906 | 4.75% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,530 | 4.13% |
| Palatka, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,445 | 5.13% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,907 | 5.25% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,659 | 5.38% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.88% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,473 | 5.25% |
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.
Similarity Rank: 20
Similarity Rank: 55
Similarity Rank: 63
Similarity Rank: 84
Similarity Rank: 108
Similarity Rank: 116
Similarity Rank: 126
Similarity Rank: 135
Similarity Rank: 136
Similarity Rank: 136
Product Mix
For 2018, Mld Mortgage's most frequently originated type of loan was Conventional, with 678 originations. Their 2nd most popular type was FHA, with 370 originations.
Loan Reason
For 2018, Mld Mortgage's most frequently cited loan purpose was Home Purchase, with 928 originations. The 2nd most popular reason was Cash Out Refi, with 129 originations.
Loan Duration/Length
For 2018, Mld Mortgage's most frequently cited loan duration was 30 Year, with 1,027 originations. The 2nd most popular length was 15 Year, with 90 originations.
Origination Fees/Closing Costs
Mld Mortgage's average total fees were $6,392, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 707 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 682 | $169,780,000 | $248,944 |
| 5-6% | 321 | $66,335,000 | $206,651 |
| 3-4% | 132 | $43,070,000 | $326,288 |
| 6-7% | 15 | $3,745,000 | $249,667 |
| Over 8% | 1 | $295,000 | $295,000 |
During 2018, Mld Mortgage's average interest rate for loans was 4.83%, while their most frequently originated rate bucket for loans was 4-5%, with 682 originations.
Loan Sizing
2018 saw Mld Mortgage place emphasis on $200k-400k loans with 470 originations, totaling $132,030,000 in origination value.
Applicant Income
Mld Mortgage lent most frequently to those with incomes in the $50k-75k range, with 266 originations. The second most popular income band? $50k or less, with 253 originations.
Applicant Debt to Income Ratio
Mld Mortgage lent most frequently to those with DTI ratios of 30-36%, with 153 originations. The next most common DTI ratio? 20-30%, with 140 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.99%
Mld Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination32.58%
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 | 1,151 | $283,225,000 | $246,069 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 13 | $1,565,000 | $120,385 |
| Single Family (1-4 Units):Site-Built | 1,138 | $281,660,000 | $247,504 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| MLD MORTGAGE INC | Conventional home mortgage | Trouble during payment process | 4 | 80.0% |
| MLD MORTGAGE INC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 20.0% |