Question 1

What are ML Mortgage Corp.'s average closing costs?

Accepted Answer

Based on 1,561 homebuyer-submitted Closing Disclosures, ML Mortgage Corp.'s median total closing costs are $11,548. This is about 244% above the $3,356 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.

Question 2

Does ML Mortgage Corp. charge junk fees?

Accepted Answer

None of the 1,561 Closing Disclosures we've analyzed for ML Mortgage Corp. included fees flagged as potentially excessive — a strong sign. That said, every loan is different. Fair Closing Check can review your specific disclosure to confirm there are no hidden charges on your loan.

Question 3

How do ML Mortgage Corp.'s fees compare to other lenders?

Accepted Answer

ML Mortgage Corp. currently holds a grade of F on Fair Closing Check, placing them significantly above the national average — a red flag worth investigating before closing. Their median closing costs of $11,548 are about 244% above the $3,356 national peer median. Grades are based on real homebuyer-submitted Closing Disclosures and scale from A (well below average) to F (significantly above average). This is informational only; individual loans vary by state, loan type, and borrower circumstances.

Question 4

Can I negotiate closing costs with ML Mortgage Corp.?

Accepted Answer

Yes — closing costs are almost always negotiable to some degree. Based on our data, ML Mortgage Corp.'s origination fee (avg $5,685) runs above the peer average of $1,553, making it worth challenging specifically. Lender-controlled fees like origination, processing, and underwriting charges can often be reduced or waived, especially if you have a strong credit profile or are comparing offers from multiple lenders. Third-party fees such as title insurance and settlement services can sometimes be shopped around for better rates — you are generally entitled to choose your own providers. Fair Closing Check analyzes your specific Closing Disclosure and identifies which fees to challenge and how much room there is to negotiate. This is informational only and not legal or financial advice.

Question 5

What fees on ML Mortgage Corp.'s Closing Disclosures run above peer averages?

Accepted Answer

Across homebuyer-submitted Closing Disclosures for ML Mortgage Corp., three fee categories tend to run above comparable lenders: origination fee (avg $5,685 vs $1,553 peer avg, +$4,132), discount points (avg $5,326 vs $2,425 peer avg, +$2,900), and lender credits (avg $3,184 vs $443 peer avg, +$2,741). These are the line items most worth scrutinizing or challenging on your own disclosure. "Junk fees" is industry shorthand for charges that are inflated beyond the peer norm or provide little discernible value — the CFPB recommends shopping title, settlement, and pest-inspection services independently when possible. This data is informational only and not financial advice.

Question 6

How much do ML Mortgage Corp.'s closing costs vary by state?

Accepted Answer

ML Mortgage Corp.'s closing costs vary significantly by state. Based on the 13 states in our database with at least 3 reports, median total closing costs range from $3,988 in Indiana to $14,971 in Hawaii — a $10,983 spread. Variation reflects state-specific transfer taxes, title insurance regulation, attorney requirements, and recording-fee schedules rather than lender policy. See state-level data on this page to compare your own state. This is informational only and not financial advice.

Fee Category	This Lender (avg)	National Avg	Verdict
Origination Fee	$5,685	$1,553	🔺 High
discount_points	$5,326	$2,425	🔺 High
lender_credits	$3,184	$443	🔺 High

Loan type	Volume	Median Rate	Median Total Costs	Median Origination
fha	483	6.500%	$16,574	$4,567
conventional	419	6.750%	$9,667	$5,488
va	103	6.250%	$11,214	$2,554

State	Volume	Median Rate	Median Total Costs	State Rank
California	805	6.500%	$14,052	#50
Nevada	87	6.990%	$11,401	#68
Arizona	32	6.750%	$13,483	—
Texas	28	6.562%	$11,597	—
Washington	15	6.750%	$13,587	—
Florida	13	6.625%	$10,325	—
Hawaii	6

	This lender	California median	National median
Total Closing Costs	$14,052	$9,309	$6,680
Interest Rate	6.500%	6.380%	6.490%
Originations in state	805	—	—

Metric	ML Mortgage Corp.	Top-50 peer median	Difference
Median loan amount	$445,000	$335,000	+$110,000 (+32.8%)
Median total closing costs	$13,359	$7,127	+$6,232 (+87.4%)

ML Mortgage Corp.

ML Mortgage Corp. Closing Cost Breakdown

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