MLB RESIDENTIAL LENDING, LLC closing costs and rates (2024)
In 2024, MLB RESIDENTIAL LENDING, LLC originated 382 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $15,056. That is $8,315 above the national median of $6,741. MLB RESIDENTIAL LENDING, LLC is most active in New Jersey with 238 originations there.
Purchase Originations
382
Median Total Costs
$15,056
+123.3% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$8,072
Median Lender Credits
$437
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 208 | 7.062% | $13,221 | $9,039 |
| fha | 157 | 6.750% | $19,525 | $7,807 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 238 | 6.990% | $15,665 | #60 |
| New York | 52 | 6.990% | $19,080 | #150 |
| Pennsylvania | 24 | 7.125% | $10,233 | — |
| Texas | 16 | 6.250% | $10,645 | — |
| Florida | 15 | 6.875% | $12,007 | — |
| Maryland | 6 | 6.625% | $12,942 | — |
| Illinois | 5 | 6.750% | $12,027 | — |
| Alabama | 4 | 6.625% | $7,745 | — |
| Michigan | 4 | 7.183% | $9,455 | — |
| Washington | 3 | 6.750% | $18,687 | — |
| California | 2 | 6.375% | $27,473 | — |
| Delaware | 2 | 6.250% | $11,128 | — |
| Indiana | 2 | 6.188% | $21,831 | — |
| North Carolina | 2 | 6.625% | $3,153 | — |
| Tennessee | 2 | 7.125% | $7,493 | — |
| Arizona | 1 | 6.125% | $16,534 | — |
| Colorado | 1 | 6.250% | $5,003 | — |
| Oklahoma | 1 | 7.625% | $18,810 | — |
| South Carolina | 1 | 6.250% | $24,068 | — |
| Virginia | 1 | 7.000% | $8,769 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,544 | 7.000% | — | 4 | −$7,512 | |
| 2 | $11,150 | 7.125% | — | 11 | −$3,906 | |
| 3 | $11,197 | 6.688% | — | 6 | −$3,859 | |
| 4 | $11,366 | 7.125% | — | 7 | −$3,690 | |
| 5 | $12,220 | 7.125% | — | 9 | −$2,836 | |
| 6 | $13,609 | 7.125% | — | 13 | −$1,447 | |
| 7 | $13,895 | 6.875% | — | 17 | −$1,161 | |
| 8 | $14,014 | 6.875% | — | 19 | −$1,042 | |
| 9 | $14,601 | 7.000% | — | 38 | −$455 | |
| 10 | $14,904 | 7.125% | — | 6 | −$152 | |
| 11 | $15,992 | 6.688% | — | 10 | +$936 | |
| 12 | $16,642 | 7.125% | — | 5 | +$1,586 | |
| 13 | $16,772 | 6.875% | — | 44 | +$1,716 | |
| 14 | $17,007 | 6.870% | — | 10 | +$1,951 | |
| 15 | $17,927 | 6.750% | — | 22 | +$2,871 | |
| 16 | $18,110 | 6.750% | — | 5 | +$3,054 | |
| 17 | $18,636 | 6.990% | — | 7 | +$3,580 | |
| 18 | $19,171 | 7.125% | — | 24 | +$4,115 | |
| 19 | $22,289 | 6.750% | — | 4 | +$7,233 | |
| 20 | $23,718 | 7.188% | — | 22 | +$8,662 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.