The Top 150 Mortgage Lenders in 2018

Here’s our list of the largest mortgage companies in 2018.

We’ve updated this list with 2021 numbers. Check out our 2021 updated list of the largest mortgage companies.

The Top Mortgage Lenders Ranked by Volume

The top 150 lenders in the country account for two-thirds (67%) of all mortgage originations in the country. The top 50 alone account for 50% of the mortgage market. Let’s see how they stack up against each other.

Top 150 Mortgage Lenders
The Top 150 Mortgage Lenders Account for 67% of Mortgages in the US.

The Super Heavyweights | $75 Billion +

Quicken and Wells Fargo Bank are neck at the top of the list. They each originated about $80 Billion in 2018. Together, these two lenders account for more than 10% of all mortgage volume.

QUICKEN LOANS$81.2BWebsite
WELLS FARGO BANK$78.4BWebsite

The Heavyweights | $40-$50 Billion

JPMorgan Chase Bank and Bank of America are the largest banks by assets in the US and they come in at numbers 3 and 4 on our list. United Shore, the #1 wholesale lender joins these two banking behemoths. These 3 companies account for almost 9% of the mortgage volume in the US.

JPMORGAN CHASE BANK$50.7BWebsite
BANK OF AMERICA$43.0BWebsite
UNITED SHORE$41.7BWebsite

The Light Heavyweights | $15-$35 Billion

We start to see some of the top non-depository lenders show up in this group including Loandepot.com, Caliber, Fairway, Guaranteed Rate, and Guild. US Bank, Flagstar, and Navy Federal round out this group of lenders. This group accounts for another 11.5% of total originated volume.

LOANDEPOT.COM$31.0BWebsite
CALIBER HOME LOANS$29.1BWebsite
FAIRWAY MORTGAGE$24.8BWebsite
US BANK$23.5BWebsite
GUARANTEED RATE$20.6BWebsite
FLAGSTAR BANK$18.1BWebsite
GUILD MORTGAGE COMPANY$16.0BWebsite
NAVY FEDERAL CREDIT UNION$15.4BWebsite

The Super Middleweights | $10-$15 Billion

You start to see some of the rising stars of the last decade in this group such as Veterans United and Movement Mortgage. Citigroup, the last of the big 4 US banks makes its appearance in this group along with USAA, Finance of America, Freedom, PrimeLending, Homebridge, PNC, and Nationstar. Together, this group accounts for almost 8% of the total mortgage market.

FINANCE OF AMERICA$13.4BWebsite
FREEDOM MORTGAGE$13.3BWebsite
USAA$13.3BWebsite
PRIMELENDING$12.6BWebsite
CITIBANK$12.4BWebsite
MOVEMENT MORTGAGE$11.3BWebsite
HOMEBRIDGE FINANCIAL SERVICES$11.0BWebsite
VETERANS UNITED HOME LOANS$10.6BWebsite
PNC BANK$10.4BWebsite
NATIONSTAR MORTGAGE (MR. COOPER)$10.1BWebsite

The Full List – Top Mortgage Lenders

We used the the 2018 HMDA loan level database to calculate our results. We excluded subordinate liens and commercial properties.

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