Largest US Mortgage Lenders by Originations (2025)

United Wholesale Mortgage originated more US home loans than any other lender in 2025: $164 billion across 422,120 loans, according to HMDA data. Rocket Mortgage and CrossCountry Mortgage follow. Lenders originated $2.14 trillion in home loans that year, up 17% from 2024, and the largest ten took 26% of it.

Every figure is from the loan-level data lenders file under the Home Mortgage Disclosure Act, as published by the FFIEC and the CFPB for 2025.

The 50 largest US mortgage lenders

Lenders are ranked by the dollar volume of loans they originated on one-to-four family homes, including manufactured homes. Loans a lender bought from another are not originations and are not counted. The mix columns show where each lender's business comes from, and the change column compares each lender with its own HMDA filing a year earlier.

Rank	Lender	Home loans originated	Loans	Market share	Purchase share of its loans	Refinance share	FHA, VA and USDA share	Change from a year earlier	Source
1	United Wholesale Mortgage (United Shore Financial Services)	$164 billion	422,120	7.7%	57%	43%	38%	+18%	FFIEC
2	Rocket Mortgage, LLC	$116 billion	429,332	5.4%	44%	54%	23%	+19%	FFIEC
3	CrossCountry Mortgage, Inc.	$49.1 billion	125,099	2.3%	78%	20%	32%	+25%	FFIEC
4	JPMorgan Chase Bank, National Association	$48.1 billion	90,350	2.2%	56%	37%	3%	+26%	FFIEC
5	Bank of America, National Association	$36.0 billion	88,491	1.7%	49%	29%	1%	+22%	FFIEC
6	Pennymac Loan Services, LLC	$35.4 billion	100,816	1.7%	50%	46%	40%	+56%	FFIEC
7	U.S. Bank National Association	$31.3 billion	74,135	1.5%	56%	34%	4%	+7%	FFIEC
8	Guaranteed Rate, Inc.	$29.2 billion	70,579	1.4%	76%	22%	25%	+18%	FFIEC
9	CMG Mortgage, Inc.	$27.6 billion	70,352	1.3%	79%	21%	37%	+27%	FFIEC
10	Veterans United Home Loans (Mortgage Research Center)	$27.5 billion	82,764	1.3%	82%	18%	95%	+18%	FFIEC
11	Guild Mortgage Company	$26.9 billion	86,111	1.3%	82%	17%	34%	+16%	FFIEC
12	Wells Fargo Bank, National Association	$26.6 billion	41,186	1.2%	45%	53%	5%	+30%	FFIEC
13	loanDepot.com, LLC	$25.7 billion	91,730	1.2%	57%	35%	34%	+8%	FFIEC
14	Fairway Independent Mortgage Corporation	$24.5 billion	74,450	1.1%	85%	14%	32%	+4%	FFIEC
15	Freedom Mortgage Corporation	$24.1 billion	69,982	1.1%	18%	82%	89%	+24%	FFIEC
16	DHI Mortgage Company, Ltd.	$23.4 billion	69,159	1.1%	100%	0%	65%	−2%	FFIEC
17	Newrez LLC	$22.0 billion	66,567	1.0%	49%	51%	37%	+37%	FFIEC
18	Citizens Bank, National Association	$20.1 billion	68,680	0.9%	34%	36%	1%	+37%	FFIEC
19	Lennar Mortgage, LLC	$19.9 billion	56,951	0.9%	100%	0%	45%	0%	FFIEC
20	Movement Mortgage, LLC	$19.9 billion	57,781	0.9%	80%	19%	32%	−4%	FFIEC
21	Navy Federal Credit Union	$18.5 billion	80,546	0.9%	61%	18%	24%	+5%	FFIEC
22	New American Funding (Broker Solutions)	$16.5 billion	57,460	0.8%	73%	23%	41%	+21%	FFIEC
23	Citibank, National Association	$15.6 billion	15,681	0.7%	63%	30%	0%	+16%	FFIEC
24	The Loan Store, Inc.	$14.3 billion	40,008	0.7%	72%	22%	10%	+77%	FFIEC
25	PNC Bank, National Association	$12.6 billion	61,074	0.6%	38%	41%	1%	−1%	FFIEC
26	Morgan Stanley Private Bank, National Association	$11.8 billion	10,735	0.6%	67%	9%	0%	+5%	FFIEC
27	Truist Bank	$11.7 billion	41,011	0.5%	56%	26%	3%	+21%	FFIEC
28	Union Home Mortgage Corp.	$11.4 billion	37,767	0.5%	76%	23%	32%	+49%	FFIEC
29	Kind Lending, LLC	$11.2 billion	29,401	0.5%	78%	19%	37%	+53%	FFIEC
30	The Huntington National Bank	$10.9 billion	51,160	0.5%	49%	31%	5%	+6%	FFIEC
31	Nationstar Mortgage LLC	$10.0 billion	52,217	0.5%	20%	60%	17%	+21%	FFIEC
32	Paramount Residential Mortgage Group, Inc.	$9.2 billion	23,410	0.4%	81%	18%	42%	+26%	FFIEC
33	American Pacific Mortgage Corporation	$8.7 billion	24,783	0.4%	84%	16%	39%	+18%	FFIEC
34	TD Bank, National Association	$8.5 billion	23,350	0.4%	46%	31%	0%	+8%	FFIEC
35	PrimeLending, A PlainsCapital Company	$8.2 billion	24,706	0.4%	88%	11%	30%	+2%	FFIEC
36	Pulte Mortgage LLC	$8.1 billion	18,825	0.4%	100%	0%	27%	−2%	FFIEC
37	Prosperity Home Mortgage, LLC	$8.0 billion	20,869	0.4%	84%	15%	28%	+13%	FFIEC
38	Fifth Third Bank, National Association	$7.9 billion	39,511	0.4%	47%	30%	3%	+27%	FFIEC
39	Mutual of Omaha Mortgage, Inc.	$7.8 billion	24,192	0.4%	39%	54%	55%	+29%	FFIEC
40	Kiavi Funding, Inc.	$7.8 billion	25,518	0.4%	81%	19%	0%	+20%	FFIEC
41	NFM, Inc.	$7.3 billion	18,920	0.3%	87%	11%	34%	+10%	FFIEC
42	Guaranteed Rate Affinity, LLC	$7.0 billion	15,936	0.3%	84%	15%	18%	+20%	FFIEC
43	Manufacturers and Traders Trust Company	$6.8 billion	23,356	0.3%	54%	28%	10%	+28%	FFIEC
44	OCMBC, Inc.	$6.8 billion	16,280	0.3%	63%	37%	21%	+27%	FFIEC
45	BMO Bank National Association	$6.4 billion	16,514	0.3%	52%	30%	2%	−25%	FFIEC
46	Charles Schwab Bank, SSB	$6.2 billion	6,065	0.3%	64%	28%	0%	+63%	FFIEC
47	NVR Mortgage Finance, Inc.	$6.0 billion	16,403	0.3%	100%	0%	44%	−4%	FFIEC
48	Regions Bank	$5.8 billion	30,110	0.3%	44%	39%	6%	+7%	FFIEC
49	A&D Mortgage LLC	$5.8 billion	14,585	0.3%	66%	34%	5%	+97%	FFIEC
50	Lower, LLC	$5.8 billion	17,905	0.3%	75%	25%	37%	+7%	FFIEC

Download this table (CSV), free. The full dataset, every reporting lender with its originations, mix and year-earlier volume, is one email away.

How concentrated mortgage lending is

• The largest ten lenders took 26% of home loan dollar volume in 2025, and the 50 in the table 51%, according to HMDA data. The smallest of them originated $5.8 billion.
• 4,733 lenders reported originating 6,784,665 home loans in all.
• Volume was up 17% from $1.83 trillion in 2024.
• Refinancing was 32% of dollar volume and home purchase lending 60%, according to HMDA filings.

What this means for technology buyers

A lender at this volume runs origination, decisioning and customer systems built to move loans to closing quickly and to report every one under HMDA. These guides compare the options:

• Loan origination systems for mortgage banks: the system of record from application to closing.
• CRM for financial services: keeping refinance and repeat borrowers.

Mapping the business? The Retail Bank Business Capability Model covers lending alongside the rest of a bank, and the Retail Banking Business Architecture Toolkit puts it to work.

More from Finantrix Atlas

• Largest banks in the US
• Largest credit unions
• Largest community banks

How this list was built

The universe is every institution in the FFIEC's public HMDA loan-level file for 2025. Every bank, credit union and nonbank lender above HMDA's reporting thresholds files it. Each lender's originated loans on one-to-four family dwellings were summed by dollar amount and count, with multifamily lending left out. The totals were checked against two figures the FFIEC publishes separately: the national count of originations in its HMDA Data Browser, and each lender's number of records filed.

Limits

• Rounded amounts. The public file rounds each loan amount to the midpoint of a $10,000 band, so a lender's dollar volume is close to, not exactly, what it lent.
• Lenders, not groups. A bank and its mortgage subsidiary file separately and are ranked separately.
• Who originates, not who funds. A loan is credited to the lender that made the credit decision. Brokers do not file, and a wholesale lender reports loans that brokers brought it.
• Small lenders are missing. Institutions below HMDA's reporting thresholds do not file, so the totals slightly understate the market.
• Mix columns include multifamily. The purchase, refinance and government-backed shares cover all of a lender's originations.

Cite this

Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.

United Wholesale Mortgage originated $164 billion in US home loans in 2025, the most of any lender, according to a Finantrix Atlas analysis of HMDA data.

The ten largest mortgage lenders made 26% of US home loan dollar volume in 2025, according to Finantrix Atlas.

Suggested citation: Finantrix Atlas, "Largest US Mortgage Lenders by Originations," 2025, from FFIEC and CFPB HMDA data. https://www.finantrix.com/articles/largest-mortgage-lenders

Embed the chart:

<a href="https://www.finantrix.com/articles/largest-mortgage-lenders"><img src="https://www.finantrix.com/atlas/largest-mortgage-lenders.png" alt="The largest US mortgage lenders by originations, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/largest-mortgage-lenders">Finantrix Atlas</a>, from HMDA data.</p>

Frequently asked questions

Q: Who is the largest mortgage lender in the US? A: United Wholesale Mortgage, which originated $164 billion in home loans in 2025, according to HMDA data.

Q: How much did US lenders originate in home loans? A: According to HMDA filings, $2.14 trillion across 6,784,665 loans in 2025, up 17% from 2024.

Q: What is HMDA data? A: Loan-level data that most US mortgage lenders must report each year under the Home Mortgage Disclosure Act. The FFIEC and the CFPB publish it with details that could identify a borrower removed.