Mlb Wholesale

What Mlb Wholesale does

MLB Wholesale, the trade name of MLB Residential Lending, LLC, is a privately held wholesale mortgage lender headquartered in Springfield, NJ, that originates residential mortgage loans through a network of licensed mortgage brokers and independent loan officers across 48 U.S. states. The company holds NMLS 1101220 and operates under Equal Housing Lender standards with explicit state regulatory compliance (TX Department of Savings and Mortgage Lending; IL Department of Financial & Professional Regulation). Its purpose is to provide broker partners with same-day, white-glove service across a full product suite spanning Conventional, FHA, VA, USDA, 203(k) renovation, manufactured homes, investor lending, and a differentiated Non-QM suite (DSCR, Bank Statement, Alt Doc, ITIN, Closed End Second), with disclosed Non-QM underwriting/origination fees of $1,795 per loan plus a $250 condo review fee.

The technology backbone is built on top of the Encompass loan origination system (LOS), exposed to brokers through an MLB-operated broker portal that supports loan registration, document upload, credit and AUS checks, pricing, and status tracking. Value-added tooling includes proprietary calculators (DSCR, P&L Income, Blended Rate, Seller Funded Buydown), the MLB CertAInty property condition certification and warranty program, and the MLB Lead Connection referral program for cross-state leads. Go-to-market is exclusively B2B wholesale and correspondent, with revenue generated per funded loan via origination, underwriting, and funding fees; the segment targeted is mortgage brokers and independent loan officers (with home buyers as an indirect end-borrower segment). Pricing is quote-based and largely not publicly disclosed.

Operationally, MLB Wholesale functions with a lean 1-10 employee structure organized into specialized functions — secondary marketing, underwriting, closing, client services, and wholesale business development — alongside a distributed team of national, wholesale, and correspondent account executives and dedicated Non-QM specialists. Engagement with broker partners is reinforced through a regular webinar cadence (New Client Training, MLB CertAInty sessions, product-specific trainings), a YouTube educational library, organic social presence on Instagram and Facebook, and The Wholesale Wire email newsletter. Leadership is headed by President Laura Brandao, and the company operates as an independent entity with no disclosed parent, subsidiary, or external investor backing.

Name

Mlb Wholesale

Legal name

MLB Residential Lending, LLC

Website

https://mlbwholesale.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

MLB Wholesale (MLB Residential Lending, LLC) is a privately held wholesale mortgage lender that funds residential loans through a network of mortgage brokers and independent loan officers across 48 U.S. states, offering agency products and a Non-QM suite including DSCR and bank statement loans.

Ownership category

akta.pro rank

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Loan Origination and Funding Fees: MLB Wholesale generates revenue through origination fees charged on mortgage loans originated through its wholesale broker network, as well as underwriting and funding fees on closed loans
2. Non-QM Specialty Fees: The company charges NQM Underwriting/Origination Fee of $1,795 and a $250 Condo Review Fee for Non-QM condominium transactions

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

MLB Wholesale is a community-focused residential mortgage wholesale lender that funds loans originated through mortgage brokers and correspondent lenders across 48 U.S. states. The company provides a comprehensive product suite spanning Conventional, FHA, VA, USDA, 203K renovation, Manufactured Homes, and Investor Lending programs, with a specialty Non-QM lineup (DSCR, Bank Statement, Alt Doc, ITIN, Closed End Second) for self-employed and non-traditional borrowers. It supports partners with the MLB Broker Portal (Encompass-integrated), dedicated account executives, same-day white-glove service, and tools such as calculators, MLB CertAInty, and the MLB Lead Connection referral program.

Product overview

MLB Wholesale is a community-focused wholesale mortgage lender offering a comprehensive suite of residential mortgage products through a direct integration with the Encompass loan origination system. The core product portfolio includes conventional, FHA, VA, USDA, 203k renovation, manufactured homes, and investor lending programs. The company specializes in Non-QM products including DSCR loans, bank statement loans, Alt Doc loans, and ITIN loans for borrowers who don't fit traditional lending models. Additional offerings include the MLB Broker Portal for loan management, MLB Lead Connection for cross-state referrals, MLB CertAInty for property warranties, and various calculators (Blended Rate, Seller Funded Buydown, P&L Income, DSCR). The company also provides educational support through webinars and training programs, and offers client services for renovation loan contractor management. MLB operates in 48 states across the U.S.

Differentiator

Problem solved

Functional benefit

Products and services

• Non-QM Products Alternative residential mortgage lending solutions for borrowers who do not fit traditional agency lending models, including DSCR, Bank Statement, Alt Doc, ITIN, and Closed End Second loan options for mortgage broker partners.
• Conventional Loans Conforming residential mortgage products meeting Fannie Mae and Freddie Mac guidelines, offered through mortgage brokers.
• FHA Loans Federal Housing Administration insured residential mortgages with lower down payment requirements, originated through wholesale broker partners.
• VA Loans Veterans Affairs backed residential mortgages for eligible military service members and veterans, originated through wholesale broker partners.
• 203K Renovation Loans FHA-insured renovation mortgages that combine purchase or refinance financing with the cost of home improvements into a single loan, offered through brokers.
• USDA Programs United States Department of Agriculture rural development residential mortgage programs offering no down payment financing for eligible rural properties, available through wholesale brokers.
• Manufactured Homes Residential financing solutions for manufactured and mobile home purchases and refinances, available to brokers.
• Investor Lending Specialized residential mortgage programs for real estate investors, including rental and investment property acquisitions, offered through wholesale brokers.
• MLB Broker Portal Online platform enabling mortgage brokers to register loans, upload documents, access credit and AUS features, price loans, and track loan status throughout the origination workflow.
• MLB CertAInty Property condition certification and underwriting support program that provides warranties and guarantees for eligible properties, designed to give brokers confidence in loan quality.
• MLB Lead Connection Client referral program enabling mortgage brokers to refer clients in states where they are not licensed, allowing them to retain the client relationship while MLB services the loan.

Quantifiable outcome

• Same-day service delivery for broker partners

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Two partnerships are on record, tiered support and core.

• Evertree InsurancesupportOthersEvertree Insurance is featured as an insurance partner on MLB Wholesale's resources page, providing appraisal-related insurance services for the mortgage lending process
• Encompass LOS IntegrationcoreTechnology or IntegrationMLB Wholesale uses Encompass loan origination system (LOS) for loan processing, with broker portal accessible at Encompass TPOPortal Connect

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Caliber Wholesale (Caliber Home Loans): Caliber Home Loans operates a wholesale lending division offering a wide range of mortgage products through broker partners. Comparable to MLB Wholesale in its wholesale broker channel and product breadth including Non-QM.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a leading Non-QM wholesale lender offering DSCR, bank statement, and other alternative loan products through brokers. Closely comparable to MLB Wholesale's Non-QM specialty focus and broker channel distribution.
• PRMG (Paramount Residential Mortgage Group): PRMG is a national wholesale, retail, and correspondent lender offering conventional, government, and Non-QM products through broker partners. Comparable to MLB Wholesale in its multi-channel wholesale lending approach and broad product portfolio.
• Deephaven Mortgage: Deephaven is a specialty Non-QM wholesale lender focused on DSCR, bank statement, and investor loan products. Directly comparable to MLB Wholesale's Non-QM division and competes for the same broker-originated Non-QM volume.
• Plaza Home Mortgage: Plaza Home Mortgage is a wholesale and correspondent residential lender with a strong Non-QM division including DSCR and bank statement programs. Closely comparable to MLB Wholesale in its broker-focused wholesale model and Non-QM specialty emphasis.
• NewRez (Wholesale / Shellpoint): NewRez operates a wholesale mortgage division serving brokers across the U.S. with conventional, government, and Non-QM products. Comparable to MLB Wholesale in its broker-centric wholesale model and account executive-driven relationship strategy.
• Homepoint (wholesale): Homepoint is a wholesale and correspondent mortgage lender focused exclusively on the broker channel. Directly comparable to MLB Wholesale in its wholesale-only GTM and broker partnership model.

Emerging players

• Verus Mortgage Capital: Verus Mortgage Capital is a Non-QM investor and correspondent-focused lender with DSCR and alternative loan programs. Comparable to MLB Wholesale's Non-QM focus, though Verus is more capital-markets oriented than broker-direct retail-facing.

Broad incumbents

• Rocket Pro TPO: Rocket Pro TPO is the wholesale lending division of Rocket Mortgage, serving independent mortgage brokers with a broad product suite. Directly comparable to MLB Wholesale in targeting brokers via white-glove service and technology, though at the scale of Rocket's parent brand.
• United Wholesale Mortgage (UWM): UWM is the largest U.S. wholesale mortgage lender, partnering with mortgage brokers nationwide. Like MLB Wholesale, it operates exclusively in the wholesale broker channel, but at vastly greater scale with a much broader product menu including Non-QM via UWM's InConnect platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@MLBWholesale
• Facebookfacebook.com/mlbmortgage
• Instagraminstagram.com/mlbwholesale
• LinkedInlinkedin.com/company/mlb-wholesale

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mlb Wholesale