Mld Mortgage Rates, Fees & Info

Florham Park, NJ

LEI: 549300AG10BX85DF5S49

Tax ID: 22-3747694

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    • 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, Washington, and Philadelphia among others. We have data for 227 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% 12/17/24
    30 Year Conventional Refi 6.44% 12/17/24
    30 Year Cash-out Refi 6.69% 12/17/24
    30 Year FHA Purchase 7.40% 12/17/24
    30 Year FHA Refi 7.06% 12/17/24
    30 Year VA Purchase 6.16% 12/17/24
    30 Year USDA Purchase 6.73% 12/17/24
    15 Year Conventional Purchase 5.89% 12/17/24
    15 Year Conventional Refi 5.96% 12/17/24
    15 Year Cash-out Refi 5.96% 12/17/24
    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

    7,718

    Origination Dollar Volume (All Markets)

    $2,768,800,000
    Show all (41) awards

    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) 1,829 $707,085,000 $386,597 $3,939 2.90%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1,236 $534,730,000 $432,629 $5,010 3.01%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 658 $293,050,000 $445,365 $5,041 3.01%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 262 $105,160,000 $401,374 $5,484 2.93%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 313 $100,075,000 $319,728 $4,572 2.95%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 260 $96,300,000 $370,385 $3,840 3.03%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 213 $85,335,000 $400,634 $2,881 2.91%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 178 $65,770,000 $369,494 $3,742 2.85%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 173 $57,715,000 $333,613 $5,878 2.97%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 209 $51,575,000 $246,770 $3,236 3.07%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 145 $45,065,000 $310,793 $3,100 3.00%
    BAKERSFIELD, CA (FHA|USDA|VA) 200 $42,610,000 $213,050 $5,448 3.04%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 71 $36,145,000 $509,085 $8,753 2.96%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 89 $29,055,000 $326,461 $5,409 3.09%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 162 $27,210,000 $167,963 $4,914 3.10%
    RALEIGH-CARY, NC (FHA|USDA|VA) 72 $24,260,000 $336,944 $3,198 2.85%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 118 $24,240,000 $205,424 $5,366 3.17%
    MADERA, CA (FHA|USDA|VA) 83 $19,125,000 $230,422 $5,332 3.12%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 38 $18,040,000 $474,737 $4,992 3.07%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 41 $17,965,000 $438,171 $4,534 2.86%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 36 $17,940,000 $498,333 $3,443 2.86%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 54 $16,790,000 $310,926 $3,516 3.05%
    VISALIA, CA (FHA|USDA|VA) 75 $15,395,000 $205,267 $5,971 3.03%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 52 $15,070,000 $289,808 $5,633 3.00%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 29 $14,155,000 $488,103 $3,354 2.81%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 41 $14,125,000 $344,512 $4,676 3.27%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 44 $13,710,000 $311,591 $4,028 2.95%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 53 $13,605,000 $256,698 $3,596 3.10%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 39 $12,035,000 $308,590 $4,348 3.10%
    RICHMOND, VA (FHA|USDA|VA) 34 $11,220,000 $330,000 $3,604 2.82%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 27 $11,045,000 $409,074 $3,593 3.00%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 33 $10,695,000 $324,091 $5,091 2.95%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 32 $10,690,000 $334,063 $4,768 2.99%
    FRESNO, CA (FHA|USDA|VA) 36 $8,350,000 $231,944 $5,830 3.12%
    Outside of Metro Areas 40 $7,590,000 $189,750 $4,755 3.35%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 19 $6,985,000 $367,632 $2,836 2.66%
    Kapaa, HI (FHA|USDA|VA) 13 $6,935,000 $533,462 $6,334 3.40%
    BOISE CITY, ID (FHA|USDA|VA) 23 $6,285,000 $273,261 $6,060 3.26%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 25 $6,205,000 $248,200 $3,651 3.06%
    APPLETON, WI (FHA|USDA|VA) 33 $5,735,000 $173,788 $3,268 3.62%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 23 $5,705,000 $248,043 $3,311 2.85%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 17 $5,665,000 $333,235 $5,910 2.92%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 23 $5,155,000 $224,130 $4,903 3.39%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 20 $5,010,000 $250,500 $2,647 3.24%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 11 $4,555,000 $414,091 $4,580 3.51%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 18 $4,450,000 $247,222 $4,759 3.36%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 11 $4,185,000 $380,455 $3,533 2.94%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 15 $4,075,000 $271,667 $4,241 2.56%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 12 $3,680,000 $306,667 $3,353 3.06%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 10 $3,550,000 $355,000 $4,403 2.84%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 13 $3,235,000 $248,846 $4,898 3.38%
    WORCESTER, MA-CT (FHA|USDA|VA) 8 $3,100,000 $387,500 $3,030 2.84%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 10 $3,070,000 $307,000 $3,662 3.40%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 9 $2,655,000 $295,000 $4,090 2.85%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 10 $2,650,000 $265,000 $3,080 2.75%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 10 $2,630,000 $263,000 $2,676 3.51%
    JACKSONVILLE, FL (FHA|USDA|VA) 8 $2,580,000 $322,500 $8,230 2.86%
    SALINAS, CA (FHA|USDA|VA) 5 $2,535,000 $507,000 $3,720 2.83%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 14 $2,440,000 $174,286 $3,826 3.25%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,375,000 $475,000 $6,367 3.10%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 8 $2,200,000 $275,000 $5,470 3.22%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 7 $1,985,000 $283,571 $3,641 2.80%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 6 $1,890,000 $315,000 $3,655 3.75%
    TUCSON, AZ (FHA|USDA|VA) 8 $1,880,000 $235,000 $5,371 3.42%
    PITTSBURGH, PA (FHA|USDA|VA) 6 $1,870,000 $311,667 $5,459 3.10%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $1,865,000 $266,429 $3,115 2.71%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 7 $1,735,000 $247,857 $4,980 2.89%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 7 $1,705,000 $243,571 $7,484 2.88%
    OCEAN CITY, NJ (FHA|USDA|VA) 8 $1,650,000 $206,250 $6,204 2.86%
    STOCKTON, CA (FHA|USDA|VA) 4 $1,550,000 $387,500 $3,658 3.38%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 7 $1,455,000 $207,857 $3,679 2.79%
    LOUISVILLE, KY (FHA|USDA|VA) 8 $1,440,000 $180,000 $6,459 2.94%
    MERCED, CA (FHA|USDA|VA) 6 $1,360,000 $226,667 $6,037 2.92%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $1,355,000 $271,000 $2,646 2.88%
    Pullman, WA (FHA|USDA|VA) 5 $1,345,000 $269,000 $2,630 3.50%
    WINCHESTER, VA-WV (FHA|USDA|VA) 6 $1,300,000 $216,667 $5,766 3.37%
    WILMINGTON, NC (FHA|USDA|VA) 3 $1,275,000 $425,000 $4,266 3.46%
    YUBA CITY, CA (FHA|USDA|VA) 4 $1,260,000 $315,000 $5,885 3.19%
    HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,235,000 $247,000 $4,604 2.95%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 5 $1,195,000 $239,000 $5,191 3.15%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,195,000 $239,000 $4,901 2.85%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 8 $1,160,000 $145,000 $3,947 3.16%
    REDDING, CA (FHA|USDA|VA) 4 $1,150,000 $287,500 $5,159 2.97%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,135,000 $227,000 $4,456 3.18%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $1,130,000 $282,500 $2,995 3.00%
    ASHEVILLE, NC (FHA|USDA|VA) 4 $1,110,000 $277,500 $6,334 2.84%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,045,000 $348,333 $3,986 2.96%
    BATON ROUGE, LA (FHA|USDA|VA) 4 $1,000,000 $250,000 $5,119 2.88%
    Torrington, CT (FHA|USDA|VA) 3 $995,000 $331,667 $7,213 3.04%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 5 $965,000 $193,000 $4,524 2.87%
    LANCASTER, PA (FHA|USDA|VA) 2 $960,000 $480,000 $5,249 2.63%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $935,000 $311,667 $4,966 3.21%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $935,000 $311,667 $3,664 2.96%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $870,000 $435,000 $7,472 3.38%
    Shelton, WA (FHA|USDA|VA) 4 $870,000 $217,500 $4,436 3.25%
    COLUMBIA, SC (FHA|USDA|VA) 3 $855,000 $285,000 $4,510 2.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $850,000 $425,000 $4,460 2.94%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $835,000 $278,333 $7,214 3.13%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $810,000 $405,000 $4,204 2.81%
    READING, PA (FHA|USDA|VA) 3 $785,000 $261,667 $4,796 2.83%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 5 $775,000 $155,000 $7,904 3.44%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $765,000 $255,000 $5,585 2.75%
    VALLEJO, CA (FHA|USDA|VA) 3 $765,000 $255,000 $5,427 2.71%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $735,000 $245,000 $4,076 4.00%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $715,000 $238,333 $8,853 2.88%
    SALISBURY, MD-DE (FHA|USDA|VA) 4 $690,000 $172,500 $4,774 3.09%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $685,000 $228,333 $3,096 2.63%
    TULSA, OK (FHA|USDA|VA) 3 $675,000 $225,000 $4,194 2.88%
    Hilo, HI (FHA|USDA|VA) 2 $660,000 $330,000 $6,876 3.00%
    Aberdeen, WA (FHA|USDA|VA) 2 $650,000 $325,000 $2,902 3.38%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $645,000 $129,000 $5,536 3.48%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $640,000 $320,000 $3,887 2.31%
    NAPA, CA (FHA|USDA|VA) 1 $605,000 $605,000 $16,189 2.75%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $570,000 $285,000 $9,177 2.69%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $545,000 $181,667 $6,072 3.08%
    MODESTO, CA (FHA|USDA|VA) 3 $545,000 $181,667 $2,970 3.29%
    ROCKY MOUNT, NC (FHA|USDA|VA) 2 $540,000 $270,000 $3,496 2.63%
    GREEN BAY, WI (FHA|USDA|VA) 2 $530,000 $265,000 $5,144 4.06%
    Cookeville, TN (FHA|USDA|VA) 2 $530,000 $265,000 $11,609 2.69%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $500,000 $250,000 $5,406 3.68%
    BLOOMINGTON, IN (FHA|USDA|VA) 2 $470,000 $235,000 $6,645 3.19%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $450,000 $225,000 $4,874 3.06%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $450,000 $225,000 $5,013 4.06%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $435,000 $435,000 $4,761 3.63%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $435,000 $435,000 $3,551 2.63%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $435,000 $435,000 $4,929 2.50%
    SPRINGFIELD, MA (FHA|USDA|VA) 3 $435,000 $145,000 $3,372 3.04%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $430,000 $215,000 $7,859 2.88%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $430,000 $215,000 $6,849 3.75%
    Pontiac, IL (FHA|USDA|VA) 2 $420,000 $210,000 $3,808 3.13%
    BEND, OR (FHA|USDA|VA) 1 $415,000 $415,000 $3,599 3.75%
    WENATCHEE, WA (FHA|USDA|VA) 1 $415,000 $415,000 $0 3.88%
    ROCKFORD, IL (FHA|USDA|VA) 2 $410,000 $205,000 $5,468 2.94%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $405,000 $405,000 $3,640 2.63%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $405,000 $405,000 $17,640 3.25%
    Whitewater, WI (FHA|USDA|VA) 3 $405,000 $135,000 $2,994 2.96%
    Thomaston, GA (FHA|USDA|VA) 1 $395,000 $395,000 $4,060 2.88%
    RACINE, WI (FHA|USDA|VA) 2 $390,000 $195,000 $4,767 3.38%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $385,000 $385,000 $3,601 2.50%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $375,000 $375,000 $3,623 4.75%
    SYRACUSE, NY (FHA|USDA|VA) 1 $365,000 $365,000 $4,655 3.88%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $355,000 $355,000 $4,134 3.00%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $350,000 $175,000 $5,368 3.63%
    CHICO, CA (FHA|USDA|VA) 1 $345,000 $345,000 $0 3.38%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $345,000 $345,000 $2,892 3.00%
    STAUNTON, VA (FHA|USDA|VA) 2 $340,000 $170,000 $5,194 3.44%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $340,000 $170,000 $5,990 2.94%
    LONGVIEW, WA (FHA|USDA|VA) 2 $330,000 $165,000 $12,397 3.25%
    URBAN HONOLULU, HI (FHA|USDA|VA) 1 $325,000 $325,000 $5,371 2.88%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $320,000 $160,000 $7,438 3.13%
    GOLDSBORO, NC (FHA|USDA|VA) 2 $310,000 $155,000 $6,258 3.25%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $305,000 $305,000 $3,954 2.63%
    SAVANNAH, GA (FHA|USDA|VA) 1 $305,000 $305,000 $3,650 2.63%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $305,000 $305,000 $4,933 2.63%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,897 2.50%
    Port Angeles, WA (FHA|USDA|VA) 1 $295,000 $295,000 $3,525 3.13%
    ROANOKE, VA (FHA|USDA|VA) 1 $295,000 $295,000 $3,154 2.50%
    Oak Harbor, WA (FHA|USDA|VA) 1 $295,000 $295,000 $9,857 4.63%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $295,000 $295,000 $2,893 2.50%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $290,000 $145,000 $5,516 3.06%
    Seneca, SC (FHA|USDA|VA) 1 $285,000 $285,000 $2,596 2.63%
    Madisonville, KY (FHA|USDA|VA) 1 $275,000 $275,000 $13,677 2.88%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $265,000 $265,000 $2,584 2.38%
    SUMTER, SC (FHA|USDA|VA) 1 $265,000 $265,000 $3,595 2.63%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $265,000 $265,000 $13,661 2.75%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $265,000 $265,000 $10,986 3.50%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $255,000 $255,000 $10,111 3.00%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $255,000 $255,000 $8,146 2.50%
    Meadville, PA (FHA|USDA|VA) 1 $255,000 $255,000 $3,708 2.63%
    AKRON, OH (FHA|USDA|VA) 1 $245,000 $245,000 $2,663 5.50%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $245,000 $245,000 $2,847 4.13%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $245,000 $245,000 $4,956 2.63%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $245,000 $245,000 $5,240 2.49%
    WICHITA, KS (FHA|USDA|VA) 1 $235,000 $235,000 $8,757 3.13%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $235,000 $235,000 $3,673 2.75%
    Centralia, WA (FHA|USDA|VA) 2 $230,000 $115,000 $7,289 4.13%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $215,000 $215,000 $6,516 3.50%
    AMES, IA (FHA|USDA|VA) 1 $215,000 $215,000 $6,432 2.63%
    RENO, NV (FHA|USDA|VA) 1 $215,000 $215,000 $2,744 2.38%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $210,000 $105,000 $2,570 3.31%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,830 3.75%
    IOWA CITY, IA (FHA|USDA|VA) 1 $195,000 $195,000 $10,010 2.88%
    OCALA, FL (FHA|USDA|VA) 1 $195,000 $195,000 $11,111 2.75%
    WACO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $6,986 2.88%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $190,000 $95,000 $4,972 3.88%
    Greenwood, SC (FHA|USDA|VA) 1 $185,000 $185,000 $6,271 2.88%
    Show Low, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $3,670 2.38%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $185,000 $185,000 $8,152 2.99%
    Lewisburg, PA (FHA|USDA|VA) 1 $185,000 $185,000 $2,683 2.75%
    Ellensburg, WA (FHA|USDA|VA) 1 $175,000 $175,000 $3,270 3.13%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $175,000 $175,000 $4,779 2.75%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $175,000 $175,000 $5,560 3.63%
    LINCOLN, NE (FHA|USDA|VA) 1 $175,000 $175,000 $2,705 2.63%
    Lewisburg, TN (FHA|USDA|VA) 1 $175,000 $175,000 $6,973 4.00%
    GLENS FALLS, NY (FHA|USDA|VA) 1 $175,000 $175,000 $7,594 2.75%
    TYLER, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,851 3.63%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $165,000 $165,000 $7,878 3.50%
    Eagle Pass, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,753 3.25%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $165,000 $165,000 $3,212 3.38%
    MADISON, WI (FHA|USDA|VA) 1 $165,000 $165,000 $3,274 4.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $6,438 2.63%
    Norfolk, NE (FHA|USDA|VA) 1 $155,000 $155,000 $5,914 2.99%
    Muscatine, IA (FHA|USDA|VA) 1 $155,000 $155,000 $5,169 3.38%
    KOKOMO, IN (FHA|USDA|VA) 1 $145,000 $145,000 $5,718 3.25%
    Jasper, AL (FHA|USDA|VA) 1 $145,000 $145,000 $6,246 3.25%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $145,000 $145,000 $4,845 4.00%
    ROME, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,198 3.25%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $135,000 $135,000 $6,042 4.13%
    Fergus Falls, MN (FHA|USDA|VA) 1 $135,000 $135,000 $5,705 3.25%
    Ottawa, IL (FHA|USDA|VA) 1 $135,000 $135,000 $5,226 3.75%
    COLUMBUS, OH (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.99%
    Fort Dodge, IA (FHA|USDA|VA) 1 $125,000 $125,000 $5,146 3.75%
    Shawano, WI (FHA|USDA|VA) 1 $125,000 $125,000 $2,825 3.25%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $125,000 $125,000 $3,167 3.13%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $125,000 $125,000 $5,121 3.63%
    BOULDER, CO (FHA|USDA|VA) 1 $115,000 $115,000 $3,462 2.75%
    Bardstown, KY (FHA|USDA|VA) 1 $105,000 $105,000 $4,747 2.50%
    Sturgis, MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,799 2.65%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,745 2.75%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $95,000 $95,000 $3,181 2.25%
    Scottsburg, IN (FHA|USDA|VA) 1 $95,000 $95,000 $3,784 3.63%
    Kennett, MO (FHA|USDA|VA) 1 $95,000 $95,000 $4,626 2.50%
    COLUMBIA, MO (FHA|USDA|VA) 1 $85,000 $85,000 $2,710 2.50%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $85,000 $85,000 $2,183 3.63%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $85,000 $85,000 $4,942 3.25%
    BINGHAMTON, NY (FHA|USDA|VA) 1 $85,000 $85,000 $5,313 3.13%
    Marshalltown, IA (FHA|USDA|VA) 1 $75,000 $75,000 $4,109 3.38%
    Mld Mortgage's top markets include New York, Oxnard, Los Angeles, Washington, and Philadelphia among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Virginia (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 6,981 $2,539,425,000 $363,762 $3,921 2.98%
    FHA 591 $169,105,000 $286,134 $9,757 3.12%
    VA 122 $55,060,000 $451,311 $9,990 3.03%
    USDA 24 $5,210,000 $217,083 $6,439 3.21%

    For 2020, Mld Mortgage's most frequently originated type of loan was Conventional, with 6,981 originations. Their 2nd most popular type was FHA, with 591 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 4,718 $1,730,300,000 $366,744 $3,736 2.92%
    Home Purchase 1,880 $646,190,000 $343,718 $6,744 3.11%
    Cash Out Refi 1,106 $392,180,000 $354,593 $4,329 3.12%
    Other 14 $130,000 $9,286 $29 3.00%

    For 2020, Mld Mortgage's most frequently cited loan purpose was Refi, with 4,718 originations. The 2nd most popular reason was Home Purchase, with 1,880 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,514 $2,033,010,000 $368,700 $5,029 3.10%
    15 Year 1,539 $519,015,000 $337,242 $3,394 2.63%
    20 Year 379 $129,525,000 $341,755 $3,453 2.94%
    Other 145 $49,705,000 $342,793 $3,531 2.97%
    10 Year 121 $34,845,000 $287,975 $3,101 2.52%
    5 Year 17 $255,000 $15,000 $0 0.00%
    3 Year 2 $40,000 $20,000 $125 0.00%
    30+ year 1 $2,405,000 $2,405,000 $5,820 5.25%

    For 2020, Mld Mortgage's most frequently cited loan duration was 30 Year, with 5,514 originations. The 2nd most popular length was 15 Year, with 1,539 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 5,696 $2,115,310,000 $371,368
    $<1k 487 $142,275,000 $292,146
    $2k-3k 370 $118,310,000 $319,757
    $3k-4k 197 $69,665,000 $353,629
    $5k+ 182 $83,620,000 $459,451
    $4k-5k 117 $40,745,000 $348,248

    Mld Mortgage's average total fees were $5,029, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,696 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 3,563 $1,343,045,000 $376,942
    3-4% 2,528 $883,000,000 $349,288
    <2.5% 1,349 $477,335,000 $353,844
    4-5% 201 $56,815,000 $282,662
    5-6% 10 $5,340,000 $534,000
    6-7% 2 $1,130,000 $565,000
    7-8% 1 $795,000 $795,000

    During 2020, Mld Mortgage's average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 2.5-3%, with 3,563 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,731 $1,138,305,000 $305,094 $4,250 2.96%
    $400k-600k 2,372 $1,130,730,000 $476,699 $4,672 2.93%
    $100k-200k 965 $154,455,000 $160,057 $4,206 3.17%
    $600k-1MM 465 $319,755,000 $687,645 $6,717 3.09%
    $100,000 or less 172 $7,590,000 $44,128 $2,617 3.07%
    $1MM+ 13 $17,965,000 $1,381,923 $11,681 3.49%

    2020 saw Mld Mortgage place emphasis on $200k-400k loans with 3,731 originations, totaling $1,138,305,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,248 $834,220,000 $371,094 $4,394 2.95%
    $150k-250k 2,116 $886,970,000 $419,173 $4,091 2.95%
    $75k-100k 1,123 $357,955,000 $318,749 $5,095 3.04%
    $50k-75k 900 $223,150,000 $247,944 $5,014 3.04%
    $250k+ 791 $362,785,000 $458,641 $4,320 3.03%
    $50k or less 496 $87,470,000 $176,351 $5,037 3.09%

    Mld Mortgage lent most frequently to those with incomes in the $100k-150k range, with 2,248 originations. The second most popular income band? $150k-250k, with 2,116 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,774 $648,740,000 $365,693 $3,785 2.87%
    30-36% 1,426 $524,520,000 $367,826 $4,112 2.96%
    <20% 518 $175,770,000 $339,324 $3,439 2.88%
    44% 328 $119,550,000 $364,482 $5,427 3.14%
    41% 324 $113,630,000 $350,710 $4,800 3.06%
    43% 319 $116,835,000 $366,254 $4,884 3.15%
    42% 301 $109,905,000 $365,133 $5,053 3.05%
    39% 293 $102,835,000 $350,973 $4,462 3.03%
    40% 277 $97,455,000 $351,823 $4,675 3.05%
    38% 266 $97,790,000 $367,632 $4,546 3.04%
    37% 265 $96,165,000 $362,887 $4,444 3.02%
    36% 248 $85,710,000 $345,605 $4,274 3.01%
    49% 239 $84,155,000 $352,113 $5,371 3.09%
    48% 237 $80,595,000 $340,063 $5,238 3.11%
    47% 218 $80,040,000 $367,156 $5,473 3.10%
    45% 213 $75,475,000 $354,343 $4,769 3.03%
    46% 207 $73,255,000 $353,889 $4,901 3.07%
    50-60% 181 $63,245,000 $349,420 $10,438 2.99%
    >60% 10 $2,980,000 $298,000 $6,803 3.63%

    Mld Mortgage lent most frequently to those with DTI ratios of 20-30%, with 1,774 originations. The next most common DTI ratio? 30-36%, with 1,426 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,851 $1,324,535,000 $343,946 $5,013 3.06%
    Asian 2,981 $1,126,535,000 $377,905 $3,735 2.93%
    Not provided 543 $197,945,000 $364,540 $4,520 2.84%
    Black 195 $60,085,000 $308,128 $6,831 3.17%
    Asian Indian 76 $31,140,000 $409,737 $3,311 2.65%
    Native Hawaiian or Islander 26 $11,420,000 $439,231 $6,591 3.05%
    Chinese 18 $6,690,000 $371,667 $3,349 2.87%
    American Indian 13 $3,905,000 $300,385 $5,206 2.85%
    Not applicable 8 $3,460,000 $432,500 $9,037 2.83%
    Other Pacific Islander 2 $1,040,000 $520,000 $3,768 3.13%
    Filipino 2 $880,000 $440,000 $3,095 2.81%
    Other Asian 2 $780,000 $390,000 $2,235 2.25%
    Korean 1 $385,000 $385,000 $2,476 2.88%

    Approval Rates

    Total approvals of all applications
    97.45%

    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
    67.63%

    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 7,718 $2,768,800,000 $358,746

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 15 $3,905,000 $260,333
    Single Family (1-4 Units):Site-Built 7,703 $2,764,895,000 $358,937

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 435 $121,005,000 $278,172 $3,415 2.81%
    40-60% 1,854 $666,660,000 $359,579 $3,435 2.85%
    60-80% 3,392 $1,304,540,000 $384,593 $3,891 3.04%
    80-100% 1,885 $653,455,000 $346,660 $6,581 3.09%
    Over 100% 33 $16,135,000 $488,939 $17,759 3.05%
    Under 20% 117 $6,055,000 $51,752 $1,427 2.70%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    MLD MORTGAGE INC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 50.0%
    MLD MORTGAGE INC Conventional home mortgage Trouble during payment process 2 50.0%