Mlb Residential Lending, LLC Mortgage Lending & HMDA Data, 2023

In 2023, Mlb Residential Lending, LLC of Springfield, NJ reported 1,068 mortgage applications totaling $402.0 million, down 32% from 2022. The average application was for $376,367, and applicants reported an average income of $122,247. 57% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Newark, NJ-PA (219), New York-Newark, NY (192) and New York-Jersey City-White Plains, NY-NJ (140) (applications in parentheses).

Mortgage Company & Address Mlb Residential Lending, LLC
51 Commerce St
Springfield, NJ 07081
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2015  
Total Number of Mortgage Applications 1,068
Total Mortgage Loan Application Amount $401,960,000
Average Mortgage Loan Application Amount $376,367
Highest Mortgage Loan Application Amount $2,235,000
Average Applicant Income $122,247
Highest Applicant Income $1,220,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mlb Residential Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Mlb Residential Lending, LLC by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Union, New Jersey 107 $ 45,195,000 $ 422,383 $ 125,000
Middlesex, New Jersey 88 $ 33,970,000 $ 386,022 $ 116,000
Essex, New Jersey 71 $ 33,405,000 $ 470,492 $ 151,000
Bergen, New Jersey 49 $ 27,855,000 $ 568,469 $ 179,000
Somerset, New Jersey 49 $ 20,945,000 $ 427,448 $ 136,000
Passaic, New Jersey 30 $ 13,490,000 $ 449,666 $ 152,000
Suffolk, New York 28 $ 13,480,000 $ 481,428 $ 150,000
Hillsborough, Florida 24 $ 8,150,000 $ 339,583 $ 92,000
Cook, Illinois 23 $ 6,445,000 $ 280,217 $ 76,000
Hudson, New Jersey 21 $ 8,715,000 $ 415,000 $ 116,000
Warren, New Jersey 21 $ 6,745,000 $ 321,190 $ 106,000
Monmouth, New Jersey 20 $ 8,970,000 $ 448,500 $ 154,000
Harris, Texas 20 $ 4,740,000 $ 237,000 $ 88,000
Mercer, New Jersey 17 $ 5,185,000 $ 305,000 $ 115,000
Sussex, New Jersey 17 $ 5,745,000 $ 337,941 $ 119,000
Morris, New Jersey 16 $ 8,020,000 $ 501,250 $ 177,000
Westchester, New York 15 $ 10,175,000 $ 678,333 $ 193,000
Burlington, New Jersey 14 $ 4,490,000 $ 320,714 $ 88,000
Orange, New York 13 $ 4,295,000 $ 330,384 $ 124,000
Dutchess, New York 12 $ 3,170,000 $ 264,166 $ 103,000
Nassau, New York 12 $ 6,320,000 $ 526,666 $ 159,000
Cuyahoga, Ohio 12 $ 1,630,000 $ 135,833 $ 58,000
Queens, New York 11 $ 6,825,000 $ 620,454 $ 147,000
Philadelphia, Pennsylvania 11 $ 2,405,000 $ 218,636 $ 63,000
Ocean, New Jersey 10 $ 3,170,000 $ 317,000 $ 117,000
Orange, Florida 9 $ 2,045,000 $ 227,222 $ 59,000
Osceola, Florida 9 $ 2,945,000 $ 327,222 $ 65,000
Cumberland, New Jersey 9 $ 2,045,000 $ 227,222 $ 81,000
Hernando, Florida 8 $ 1,880,000 $ 235,000 $ 77,000
Webb, Texas 8 $ 1,790,000 $ 223,750 $ 71,000
Bronx, New York 7 $ 5,145,000 $ 735,000 $ 158,000
Bexar, Texas 7 $ 1,895,000 $ 270,714 $ 73,000
Fairfield, Connecticut 6 $ 2,670,000 $ 445,000 $ 120,000
Seminole, Florida 6 $ 1,750,000 $ 291,666 $ 123,000
Camden, New Jersey 6 $ 2,060,000 $ 343,333 $ 116,000
Hunterdon, New Jersey 6 $ 1,910,000 $ 318,333 $ 132,000
New Haven, Connecticut 5 $ 1,555,000 $ 311,000 $ 110,000
Palm Beach, Florida 5 $ 1,945,000 $ 389,000 $ 128,000
Pasco, Florida 5 $ 1,785,000 $ 357,000 $ 136,000
Delaware, Pennsylvania 5 $ 1,165,000 $ 233,000 $ 93,000
Broward, Florida 4 $ 1,670,000 $ 417,500 $ 165,000
Polk, Florida 4 $ 920,000 $ 230,000 $ 69,000
Gloucester, New Jersey 4 $ 1,470,000 $ 367,500 $ 138,000
Lake, Ohio 4 $ 600,000 $ 150,000 $ 69,000
Monroe, Pennsylvania 4 $ 1,080,000 $ 270,000 $ 95,000
Tarrant, Texas 4 $ 1,460,000 $ 365,000 $ 78,000
Travis, Texas 4 $ 1,430,000 $ 357,500 $ 97,000
Hartford, Connecticut 3 $ 635,000 $ 211,666 $ 98,000
Charlotte, Florida 3 $ 775,000 $ 258,333 $ 77,000
Duval, Florida 3 $ 595,000 $ 198,333 $ 96,000
Lee, Florida 3 $ 955,000 $ 318,333 $ 128,000
Marion, Florida 3 $ 755,000 $ 251,666 $ 88,000
Miami-Dade, Florida 3 $ 1,035,000 $ 345,000 $ 121,000
Baltimore City, Maryland 3 $ 1,155,000 $ 385,000 $ 106,000
Chemung, New York 3 $ 415,000 $ 138,333 $ 80,000
Kings, New York 3 $ 1,465,000 $ 488,333 $ 184,000
Monroe, New York 3 $ 605,000 $ 201,666 $ 62,000
Montgomery, New York 3 $ 805,000 $ 268,333 $ 139,000
Saratoga, New York 3 $ 775,000 $ 258,333 $ 105,000
Sullivan, New York 3 $ 815,000 $ 271,666 $ 77,000
Northampton, Pennsylvania 3 $ 935,000 $ 311,666 $ 98,000
Richland, South Carolina 3 $ 465,000 $ 155,000 $ 95,000
Maricopa, Arizona 2 $ 940,000 $ 470,000 $ 163,000
El Paso, Colorado 2 $ 970,000 $ 485,000 $ 101,000
New London, Connecticut 2 $ 790,000 $ 395,000 $ 149,000
Clay, Florida 2 $ 620,000 $ 310,000 $ 113,000
Manatee, Florida 2 $ 710,000 $ 355,000 $ 134,000
Nassau, Florida 2 $ 530,000 $ 265,000 $ 90,000
Pinellas, Florida 2 $ 350,000 $ 175,000 $ 95,000
Boone, Illinois 2 $ 320,000 $ 160,000 $ 64,000
Iroquois, Illinois 2 $ 250,000 $ 125,000 $ 37,000
Kane, Illinois 2 $ 350,000 $ 175,000 $ 146,000
St. Clair, Illinois 2 $ 460,000 $ 230,000 $ 57,000
Will, Illinois 2 $ 580,000 $ 290,000 $ 94,000
Anne Arundel, Maryland 2 $ 1,040,000 $ 520,000 $ 187,000
Baltimore, Maryland 2 $ 720,000 $ 360,000 $ 121,000
Montgomery, Maryland 2 $ 1,050,000 $ 525,000 $ 108,000
Prince George's, Maryland 2 $ 750,000 $ 375,000 $ 95,000
Atlantic, New Jersey 2 $ 340,000 $ 170,000 $ 133,000
Salem, New Jersey 2 $ 480,000 $ 240,000 $ 75,000
Niagara, New York 2 $ 270,000 $ 135,000 $ 38,000
Otsego, New York 2 $ 280,000 $ 140,000 $ 171,000
Putnam, New York 2 $ 860,000 $ 430,000 $ 181,000
Schenectady, New York 2 $ 380,000 $ 190,000 $ 58,000
Washington, New York 2 $ 410,000 $ 205,000 $ 81,000
Wake, North Carolina 2 $ 850,000 $ 425,000 $ 137,000
Franklin, Ohio 2 $ 390,000 $ 195,000 $ 84,000
Allegheny, Pennsylvania 2 $ 320,000 $ 160,000 $ 45,000
Berks, Pennsylvania 2 $ 690,000 $ 345,000 $ 119,000
Bucks, Pennsylvania 2 $ 1,030,000 $ 515,000 $ 219,000
Cumberland, Pennsylvania 2 $ 350,000 $ 175,000 $ 425,000
Lackawanna, Pennsylvania 2 $ 290,000 $ 145,000 $ 75,000
Montgomery, Pennsylvania 2 $ 910,000 $ 455,000 $ 327,000
Pike, Pennsylvania 2 $ 270,000 $ 135,000 $ 49,000
York, Pennsylvania 2 $ 580,000 $ 290,000 $ 94,000
York, South Carolina 2 $ 420,000 $ 210,000 $ 244,000
Shelby, Tennessee 2 $ 430,000 $ 215,000 $ 59,000
Bell, Texas 2 $ 570,000 $ 285,000 $ 97,000
Dallas, Texas 2 $ 800,000 $ 400,000 $ 133,000
Guadalupe, Texas 2 $ 950,000 $ 475,000 $ 140,000
Johnson, Texas 2 $ 480,000 $ 240,000 $ 41,000
Liberty, Texas 2 $ 690,000 $ 345,000 $ 111,000
Medina, Texas 2 $ 770,000 $ 385,000 $ 153,000
Williamson, Texas 2 $ 800,000 $ 400,000 $ 108,000
Hampton, Virginia 2 $ 470,000 $ 235,000 $ 81,000
Baldwin, Alabama 1 $ 775,000 $ 775,000 $ 158,000
Lee, Alabama 1 $ 395,000 $ 395,000 $ 92,000
Madison, Alabama 1 $ 375,000 $ 375,000 $ 117,000
Mohave, Arizona 1 $ 315,000 $ 315,000 $ 166,000
Sutter, California 1 $ 315,000 $ 315,000 $ 119,000
Denver, Colorado 1 $ 305,000 $ 305,000 $ 124,000
Litchfield, Connecticut 1 $ 245,000 $ 245,000 $ 22,000
New Castle, Delaware 1 $ 265,000 $ 265,000 $ 60,000
Citrus, Florida 1 $ 385,000 $ 385,000 $ 191,000
Columbia, Florida 1 $ 295,000 $ 295,000 $ 159,000
DeSoto, Florida 1 $ 355,000 $ 355,000 $ 99,000
Flagler, Florida 1 $ 405,000 $ 405,000 $ 51,000
Gadsden, Florida 1 $ 315,000 $ 315,000 $ 146,000
Sarasota, Florida 1 $ 375,000 $ 375,000 $ 115,000
St. Johns, Florida 1 $ 495,000 $ 495,000 $ 236,000
St. Lucie, Florida 1 $ 355,000 $ 355,000 $ 121,000
Volusia, Florida 1 $ 175,000 $ 175,000 $ 54,000
Coles, Illinois 1 $ 325,000 $ 325,000 $ 70,000
DuPage, Illinois 1 $ 195,000 $ 195,000 $ 46,000
Kendall, Illinois 1 $ 235,000 $ 235,000 $ 64,000
Lake, Illinois 1 $ 225,000 $ 225,000 $ 69,000
Macoupin, Illinois 1 $ 165,000 $ 165,000 $ 58,000
Massac, Illinois 1 $ 155,000 $ 155,000 $ 44,000
McHenry, Illinois 1 $ 315,000 $ 315,000 $ 107,000
St. Joseph, Indiana 1 $ 195,000 $ 195,000 $ 57,000
Howard, Maryland 1 $ 725,000 $ 725,000 $ 285,000
Macomb, Michigan 1 $ 235,000 $ 235,000 $ 65,000
Wayne, Michigan 1 $ 245,000 $ 245,000 $ 53,000
Albany, New York 1 $ 225,000 $ 225,000 $ 60,000
Broome, New York 1 $ 135,000 $ 135,000 $ 53,000
Cattaraugus, New York 1 $ 345,000 $ 345,000 $ 135,000
Delaware, New York 1 $ 95,000 $ 95,000 $ 127,000
Erie, New York 1 $ 165,000 $ 165,000 $ 59,000
Hamilton, New York 1 $ 155,000 $ 155,000 $ 75,000
Onondaga, New York 1 $ 155,000 $ 155,000 $ 90,000
Ontario, New York 1 $ 165,000 $ 165,000 $ 57,000
Orleans, New York 1 $ 55,000 $ 55,000 $ 31,000
Rensselaer, New York 1 $ 125,000 $ 125,000 $ 51,000
Richmond, New York 1 $ 825,000 $ 825,000 $ 241,000
Rockland, New York 1 $ 705,000 $ 705,000 $ 171,000
Schoharie, New York 1 $ 175,000 $ 175,000 $ 60,000
Steuben, New York 1 $ 165,000 $ 165,000 $ 102,000
Warren, New York 1 $ 105,000 $ 105,000 $ 34,000
Buncombe, North Carolina 1 $ 155,000 $ 155,000 $ 46,000
Cleveland, North Carolina 1 $ 145,000 $ 145,000 $ 68,000
Craven, North Carolina 1 $ 245,000 $ 245,000 $ 147,000
Iredell, North Carolina 1 $ 725,000 $ 725,000 $ 279,000
Lee, North Carolina 1 $ 195,000 $ 195,000 $ 168,000
Wilson, North Carolina 1 $ 295,000 $ 295,000 $ 96,000
Butler, Ohio 1 $ 445,000 $ 445,000 $ 113,000
Jefferson, Ohio 1 $ 85,000 $ 85,000 $ 45,000
Medina, Ohio 1 $ 85,000 $ 85,000 $ 34,000
Summit, Ohio 1 $ 175,000 $ 175,000 $ 60,000
Warren, Ohio 1 $ 475,000 $ 475,000 $ 106,000
Canadian, Oklahoma 1 $ 205,000 $ 205,000 $ 100,000
Tulsa, Oklahoma 1 $ 265,000 $ 265,000 $ 79,000
Chester, Pennsylvania 1 $ 505,000 $ 505,000 $ 120,000
Dauphin, Pennsylvania 1 $ 155,000 $ 155,000 $ 58,000
Lebanon, Pennsylvania 1 $ 125,000 $ 125,000 $ 57,000
Susquehanna, Pennsylvania 1 $ 105,000 $ 105,000 $ 98,000
Wayne, Pennsylvania 1 $ 125,000 $ 125,000 $ 36,000
Anderson, South Carolina 1 $ 285,000 $ 285,000 $ 93,000
Calhoun, South Carolina 1 $ 115,000 $ 115,000 $ 105,000
Horry, South Carolina 1 $ 225,000 $ 225,000 $ 60,000
Lexington, South Carolina 1 $ 75,000 $ 75,000 $ 24,000
Spartanburg, South Carolina 1 $ 195,000 $ 195,000 $ 85,000
Knox, Tennessee 1 $ 275,000 $ 275,000 $ 56,000
Obion, Tennessee 1 $ 725,000 $ 725,000 $ 1,220,000
Rutherford, Tennessee 1 $ 475,000 $ 475,000 $ 104,000
Bastrop, Texas 1 $ 215,000 $ 215,000 $ 80,000
Brazos, Texas 1 $ 335,000 $ 335,000 $ 74,000
Denton, Texas 1 $ 295,000 $ 295,000 $ 71,000
Fort Bend, Texas 1 $ 455,000 $ 455,000 $ 148,000
Galveston, Texas 1 $ 95,000 $ 95,000 $ 103,000
Harrison, Texas 1 $ 155,000 $ 155,000 $ 49,000
Hays, Texas 1 $ 375,000 $ 375,000 $ 91,000
Hidalgo, Texas 1 $ 365,000 $ 365,000 $ 127,000
Kaufman, Texas 1 $ 365,000 $ 365,000 $ 258,000
Lubbock, Texas 1 $ 325,000 $ 325,000 $ 70,000
Smith, Texas 1 $ 285,000 $ 285,000 $ 179,000
Waller, Texas 1 $ 215,000 $ 215,000 $ 54,000
Wharton, Texas 1 $ 195,000 $ 195,000 $ 84,000
Alexandria, Virginia 1 $ 285,000 $ 285,000 $ 100,000
Chesterfield, Virginia 1 $ 755,000 $ 755,000 $ 141,000
Portsmouth, Virginia 1 $ 85,000 $ 85,000 $ 23,000
Richmond, Virginia 1 $ 205,000 $ 205,000 $ 128,000
Sussex, Virginia 1 $ 165,000 $ 165,000 $ 44,000
Virginia Beach, Virginia 1 $ 385,000 $ 385,000 $ 120,000

Mortgage Loan Application Detail Totals for Mlb Residential Lending, LLC in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 957 $366,525,000 $382,000 $2,235,000 $122,000 $663,000
Cash-out Refinancing 84 $26,370,000 $313,000 $985,000 $120,000 $1,220,000
Refinancing 27 $9,065,000 $335,000 $1,405,000 $138,000 $480,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Hispanic 433 $169,695,000 $391,000 $1,255,000 $119,000 $496,000
White 294 $102,430,000 $348,000 $1,405,000 $124,000 $663,000
Black or African American 270 $97,670,000 $361,000 $1,085,000 $117,000 $517,000
Asian 54 $26,330,000 $487,000 $2,235,000 $175,000 $1,220,000
Not Provided 11 $3,925,000 $356,000 $695,000 $120,000 $284,000
American Indian or Alaskan Native 5 $1,345,000 $269,000 $535,000 $85,000 $160,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
FHA-insured (Federal Housing Administration) 560 $208,850,000 $372,000 $985,000 $110,000 $391,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 454 $166,920,000 $367,000 $1,405,000 $136,000 $1,220,000
VA-guaranteed (Veterans Administration) 52 $25,730,000 $494,000 $2,235,000 $131,000 $613,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $460,000 $230,000 $295,000 $87,000 $116,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 608 $231,190,000 $380,000 $2,185,000 $127,000 $663,000
Application Withdrawn By Applicant 143 $57,115,000 $399,000 $2,235,000 $121,000 $490,000
Application Denied By Financial Institution 135 $46,895,000 $347,000 $1,085,000 $117,000 $1,220,000
Application Approved But Not Accepted 70 $24,980,000 $356,000 $985,000 $118,000 $391,000
Preapproval Denied by Financial Institution 61 $22,045,000 $361,000 $1,255,000 $94,000 $290,000
File Closed For Incompleteness 51 $19,735,000 $386,000 $1,405,000 $122,000 $480,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 872 $333,020,000 $381,000 $2,235,000 $125,000 $663,000
Debt-To-Income Ratio 70 $25,750,000 $367,000 $985,000 $97,000 $464,000
Other 34 $11,590,000 $340,000 $1,085,000 $117,000 $517,000
Insufficient Cash (Downpayment, Closing Cost) 26 $10,340,000 $397,000 $1,255,000 $102,000 $290,000
Credit History 25 $7,565,000 $302,000 $985,000 $108,000 $496,000
Collateral 16 $4,530,000 $283,000 $725,000 $174,000 $1,220,000
Employment History 15 $5,405,000 $360,000 $975,000 $111,000 $400,000
Unverifiable Information 10 $3,760,000 $376,000 $715,000 $100,000 $238,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mlb Residential Lending, LLC's 2023 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Mlb Residential Lending, LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New Jersey, download the full spreadsheet with aggregated HMDA statistics today.

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