MLB Wholesale, LLC

Address: 841 Mountain Avenue, Springfield, NJ 07081

https://www.mlbwholesale.com

Internal Reviews

(1 review)

Total loans closed with Loan Factory
14

Total loans closed with Loan Factory (past 12 months)
3

Lender overview

Basic information

QM Program

Conventional

Home Ready

Home Possible

Home Style (Fannie Renovation)

FHA

FHA Streamline

FHA 203(b)

FHA 203(h)

FHA 203(k)

FHA VOE

Good Neighbor Next Door (FHA 100)

VA IRRRL

VA Renovation

USDA

USDA Streamline

Loss Payee

MLB Residential Lending LLC ISAOA/ATIMA 841 Mountain Ave, Suite 400 Springfield, NJ 07081

CPL or Subordinate Clause

MLB Residential Lending LLC ISAOA/ATIMA 841 Mountain Ave, Suite 400 Springfield, NJ 07081

Lock policies & Fees

Lock Policies

Lock extension

Lock Desk hours are between 10:30 AM- 6:00 PM EST.
3 days = 6.5 bps
7 day = 12.5 bps
14 days = 25 bps
30 days = 50 bps

Relock

The original lock period will be used to determine worse case price. The Broker may request a shorter or longer lock term on the relock.
Relocks will receive a fee of .25 pts plus market differential.

Lock & Shop

Lender's niche & Overlays

Lender's Niche

Government Files. 24 Turn time. Manual Underwriting.

Lender's overlays

None

Lender turn time

Initial underwrite (days)

CTC conditions review (days)

Initial CD (days)

Review - MLB Wholesale, LLC

5.0

1 Google Reviews

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