The Top 150 Mortgage Lenders in 2019

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

We’ve updated our list of the largest mortgage companies in 2019. Last year (2019), mortgage lenders originated 7.6 million loans for a combined $2.2 Trillion. Here’s a list of the biggest mortgage companies.

The Top Mortgage Lenders Ranked by Volume

The top 150 lenders in the country account for 70% of all mortgage originations in the country. This is up from 67% in 2018 which means more volume is shifting to the largest lenders. The top 50 companies alone account for 54% (up from 50% in 2018) of the mortgage market. Let’s see how they stack up against each other.

2019 Top Mortgage Lenders
70% of all mortgages are originated by the top 150 lenders.

The Super Heavyweight | $140 Billion +

While Quicken and Wells Fargo Bank were neck and neck in 2018, Quicken pulled away substantially in 2019. They originated $140 Billion which accounts for 6.5% of total mortgages.

QUICKEN LOANS$141.5BWebsite

The Heavyweights | $100-$110 Billion

United Shore (AKA United Wholesale), the #1 wholesale lender joins Wells Fargo, the first depository on the list. These 2 companies account for almost 10% of the mortgage volume in the US. United Shore moved up 2 spots this year, overcoming Bank of America and JP Morgan Chase.

WELLS FARGO BANK$105.2BWebsite
UNITED SHORE$103.4BWebsite

The Light Heavyweights | $60-$75 Billion

JPMorgan Chase Bank and Bank of America are the largest banks by assets in the US and they come in at numbers 4 and 5 on this list. These two banking behemoths account for 6.2% of total mortgage volume.

BANK OF AMERICA$72.6BWebsite
JPMORGAN CHASE BANK$62.6BWebsite

The Super Middleweights | $20-$45 Billion

We start to see some of the top non-depository lenders show up in this group including Loandepot.com, Caliber, Fairway, Guaranteed Rate, Freedom, and Guild. This group accounts for another 13% of total originated volume. If you’re keeping track, if you take out a mortgage in the US, there’s a 1 in 3 chance its from the top 15 mortgage lenders.

LOANDEPOT.COM$42.0BWebsite
CALIBER HOME LOANS$40.3BWebsite
FAIRWAY MORTGAGE$36.1BWebsite
US BANK$34.9BWebsite
GUARANTEED RATE$32.6BWebsite
FREEDOM MORTGAGE$28.6BWebsite
FLAGSTAR BANK$22.3BWebsite
GUILD MORTGAGE COMPANY$16.0BWebsite
CITIBANK$12.4BWebsite

The Middleweights | $15-$20 Billion

These lenders all originate more than $15 Billion a year or $1.25 Billion a month! Together, these 9 companies account for 9% of the total mortgage market.

NATIONSTAR MORTGAGE (MR. COOPER)$19.4BWebsite
NAVY FEDERAL CREDIT UNION$18.7BWebsite
CITIZENS BANK$17.7BWebsite
MOVEMENT MORTGAGE$16.7BWebsite
USAA$16.6BWebsite
VETERANS UNITED HOME LOANS$16.4BWebsite
HOMEBRIDGE FINANCIAL SERVICES$16.2BWebsite
FINANCE OF AMERICA$15.3BWebsite
PNC BANK$15.3BWebsite

The Full List – Top Mortgage Lenders


We used the the 2019 HMDA loan level database to calculate our results. We excluded subordinate liens and commercial properties.

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