Mlb Residential Lending at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
12th25.0% deniedPricingmedian rate spread over APOR, weight 30%
15th0.82 ptsProcesswithdrawn + incomplete share, weight 15%
26th17.9%Closing coststotal loan costs ÷ loan amount, weight 10%
11th3.69% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,007 | 608 | 13.4% | 16.6% | 6.99% | $231M |
| 2024 | 906 | 500 | 21.6% | 25.6% | 7.00% | $202M |
| 2025 | 839 | 467 | 20.5% | 25.0% | 6.88% | $191M |
What Mlb Residential Lending lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 8 reverse mortgages, 5 manufactured homes, 47 investment properties.
Why Mlb Residential Lending denies applications
Primary reason reported for each of the 172 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Mlb Residential Lending
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 33 | 8 | 70.4% |
| $50k – $100k | 249 | 118 | 36.0% |
| $100k – $150k | 284 | 170 | 20.8% |
| $150k – $250k | 180 | 116 | 15.3% |
| Over $250k | 74 | 39 | 14.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 25 | 13 | 40.9% |
| 25–34 | 188 | 106 | 23.9% |
| 35–44 | 259 | 149 | 22.6% |
| 45–54 | 194 | 113 | 25.0% |
| 55–64 | 114 | 58 | 29.0% |
| 65–74 | 46 | 21 | 21.9% |
Where Mlb Residential Lending lends
28 states and 194 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 426 | 283 | 6.8% | 6.88% | #133 |
| New York | 106 | 78 | 7.6% | 6.88% | #260 |
| Texas | 60 | 17 | 61.7% | 6.63% | #676 |
| Pennsylvania | 49 | 37 | 6.1% | 6.75% | #495 |
| Florida | 46 | 13 | 45.7% | 6.99% | #614 |
| Arizona | 15 | 3 | 46.7% | 5.75% | #454 |
| Georgia | 15 | 2 | 73.3% | 6.56% | #608 |
| North Carolina | 15 | 5 | 40.0% | 6.63% | #567 |
| Delaware | 13 | 3 | 38.5% | 6.63% | #216 |
| Illinois | 13 | 2 | 69.2% | 6.81% | #652 |
| Michigan | 12 | 5 | 16.7% | 6.63% | #499 |
| California | 11 | 1 | 63.6% | 9.13% | #725 |
| Ohio | 10 | 1 | 30.0% | 6.50% | #609 |
| Colorado | 6 | 4 | 33.3% | 6.31% | #599 |
| Maryland | 6 | 0 | 83.3% | — | #518 |
| Connecticut | 5 | 3 | 40.0% | 6.75% | #439 |
| Missouri | 5 | 3 | 20.0% | 5.75% | #602 |
| South Carolina | 5 | 2 | 60.0% | 5.56% | #631 |
Frequently asked questions
Mlb Residential Lending denied 25.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 12th percentile of small mortgage lenders.
The most common reason Mlb Residential Lending gave in 2025 was "credit history", cited on 35.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Mlb Residential Lending originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.82 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 72% of its applications were for home purchases, 28% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 56% conventional, 37% FHA, 7% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.