# MLB RESIDENTIAL LENDING, LLC

> **Canonical URL:** https://saferate.com/lenders/mlb-residential-lending


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


MLB RESIDENTIAL LENDING, LLC is a independent mortgage company, headquartered in SPRINGFIELD, NJ, serving borrowers across 21 states, with 446 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 90% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 51% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300DW87L2IZ7ZHF47
- **Headquarters:** SPRINGFIELD, NJ
- **Geographic Reach:** Multi-Region
- **States Served:** 21
- **State List:** AL, AZ, CA, CO, CT, DE, FL, IL, IN, MD, MI, NC, NJ, NY, OK, PA, SC, TN, TX, VA, WA
- **Markets (MSAs):** 7
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 10/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 49/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.765%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $5,286
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 446
- **Dollar Volume:** $190 million
- **Applications Received:** 823
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $425,045
- **Average Borrower Income:** $150,334
- **Average Property Value:** $502,130

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 46/100 | 251 | +0.694% | $5,364 | Sound ☺️ |
| FHA | 69/100 | 178 | +0.932% | $5,370 | Strong 😀 |
| VA | 40/100 | 15 | -0.037% | $3,416 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 227 loans, Score: 48/100 (Sound)
- Refinance: 24 loans, Score: 34/100 (Acceptable)

**FHA:**
- Purchase: 163 loans, Score: 69/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 54/100 | 406 | $174M | +0.769% | Sound ☺️ |
| Refinance | 39/100 | 40 | $16M | +0.696% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 272 | 0.32% | 80/100 |
| NY | 64 | 0.06% | 59/100 |
| PA | 24 | 0.02% | 47/100 |
| FL | 19 | 0.01% | 41/100 |
| TX | 17 | 0.00% | 40/100 |
| CT | 10 | 0.03% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Newark, NJ | NJ | 103 | 76/100 |
| Lakewood | NJ | 82 | 70/100 |
| New York | NY-NJ | 79 | 66/100 |
| Nassau County | NY | 33 | 56/100 |
| Non |  | 21 | 30/100 |
| Camden, NJ | NJ | 19 | 51/100 |
| Philadelphia, PA | PA | 14 | 46/100 |

## Frequently Asked Questions

### What loan types does MLB RESIDENTIAL LENDING, LLC offer?

MLB RESIDENTIAL LENDING, LLC offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does MLB RESIDENTIAL LENDING, LLC offer mortgages?

MLB RESIDENTIAL LENDING, LLC offers mortgages in 21 states: AL, AZ, CA, CO, CT, DE, FL, IL, IN, MD, MI, NC, NJ, NY, OK, PA, SC, TN, TX, VA, WA.

### How competitive are MLB RESIDENTIAL LENDING, LLC's mortgage rates?

MLB RESIDENTIAL LENDING, LLC has a pricing score of 10/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.765% above market average.

### What type of lender is MLB RESIDENTIAL LENDING, LLC?

MLB RESIDENTIAL LENDING, LLC is a non-depository lender that specializes in mortgage origination, headquartered in SPRINGFIELD, NJ.

### What is MLB RESIDENTIAL LENDING, LLC's loan approval success rate?

MLB RESIDENTIAL LENDING, LLC has a pull-through score of 49/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/mlb-residential-lending

### How to Cite

> "MLB RESIDENTIAL LENDING, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mlb-residential-lending

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