Best Mortgage Lenders of September 2023 (Top 150)

We’ve updated our list of the largest mortgage companies in 2021. Last year (2021), mortgage lenders originated 13 million loans for a combined $4.2 Trillion. Here’s a list of the largest mortgage companies.

The Top Mortgage Lenders Ranked by Volume

The top 150 lenders in the country account for 72% of all mortgage originations in the country. The top 50 companies alone account for 57% of the mortgage market. Let’s see how they stack up against each other.

The Top 150 Mortgage Lenders
70% of all mortgages are originated by the top 150 lenders

The Super Heavyweight | #1 Top Mortgage Lender | $300 Billion +

Quicken holds onto the number one spot in 2021. They originated $340 Billion which accounts for 8.1% of total mortgages (which is the same market share they had in 2020).

QUICKEN LOANS$340.1BWebsite

The Heavyweights | Top Mortgage Lenders (#2 & #3) | $100-$250 Billion

United Wholesale Mortgage (UWM), the #1 wholesale lender joins Wells Fargo, the first depository on the list, loanDepot, and JPMorgan Chase. These 4 companies account for 14% of mortgage volume in the US.

UNITED WHOLESALE MORTGAGE$211.0BWebsite
WELLS FARGO BANK$141.1BWebsite
LOANDEPOT.COM$127.7BWebsite
JPMORGAN CHASE BANK$106.0BWebsite

The Light Heavyweights | $70-$100 Billion

Bank of America joins four of the largest independent mortgage companies in America for this group. Together, these five companies originate 9% of all mortgages in America.

FREEDOM MORTGAGE$89.5BWebsite
BANK OF AMERICA$76.0BWebsite
CALIBER HOME LOANS$70.8BWebsite
HOME POINT FINANCIAL$70.2BWebsite
GUARANTEED RATE$70.0BWebsite

The Super Middleweights | $40-$70 Billion

Fairway comes in a the #10 largest lender in the country. If you’re keeping track, 3 out of every 10 people get their mortgage from a top 10 lender.

FAIRWAY MORTGAGE$67.7BWebsite
US BANK$57.3BWebsite
PENNYMAC LOAN SERVICES, LLC$56.9BWebsite
CROSS COUNTRY MORTGAGE$49.4BWebsite
BETTER MORTGAGE CORPORATION$44.7BWebsite
NATIONSTAR MORTGAGE (MR. COOPER)$40.4BWebsite

The Middleweights | $25-$40 Billion

These lenders all originate more than $25 Billion a year or $2 Billion a month! Together, these 9 companies account for 12.2% of the total mortgage market.

AMERISAVE MORTGAGE COMPANY$35.1Website
NEWREZ LLC$34.0Website
FLAGSTAR BANK$33.9BWebsite
GUILD MORTGAGE COMPANY$33.5BWebsite
MOVEMENT MORTGAGE$32.9BWebsite
VETERANS UNITED$31.4BWebsite
NEW AMERICAN FUNDING$31.3BWebsite
CARDINAL FINANCIAL$30.6BWebsite
FINANCE OF AMERICA$29.2BWebsite
CITIZENS BANK$28.2BWebsite
FIRST REPUBLIC$27.4BWebsite
PNC BANK N.A.$27.2BWebsite

The Full List – Top Mortgage Lenders


We used the the 2021 HMDA loan level database to calculate our results. We excluded subordinate liens and commercial properties.

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