The Top 150 Mortgage Lenders in 2020

We’ve updated our list of the largest mortgage companies in 2020. Last year (2020), mortgage lenders originated 13 million loans for a combined $3.9 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 70% of all mortgage originations in the country. The top 50 companies alone account for 54% 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 significantly extended its lead over the market in 2020. They originated $313 Billion which accounts for 8.1% of total mortgages (up from 6.5% in 2019).

QUICKEN LOANS $313.2B Website

The Heavyweights | Top Mortgage Lenders (#2 & #3) | $100-$200 Billion

United Shore (AKA United Wholesale), the #1 wholesale lender joins Wells Fargo, the first depository on the list. These 2 companies account for 7.8% of the mortgage volume in the US (down from almost 10% in 2019).

UNITED SHORE $178.4B Website
WELLS FARGO BANK $125.0B Website

The Light Heavyweights | $80-$100 Billion

Both Freedom Mortgage and LoanDepot passed the banking giants JPMorgan Chase Bank and Bank of America this year to come in at #4 and #5. JPMorgan Chase, the largest bank by assets in the US, held strong to finish in 6th place for the year.

FREEDOM MORTGAGE $99.2B Website
LOANDEPOT.COM $96.5B Website
JPMORGAN CHASE BANK $89.9B Website

The Super Middleweights | $50-$80 Billion

Some of the top non-depository lenders including Caliber, Fairway, and Guaranteed Rate, and Guild join Bank of America (down 5 spots) and US Bank. This group accounts for another 8.4% of total originated volume. If you’re keeping track, 3 out of every 10 people you see on the sidewalk, got their mortgage from a top 10 lender.

CALIBER HOME LOANS $70.1B Website
GUARANTEED RATE $69.8B Website
BANK OF AMERICA $69.2B Website
FAIRWAY MORTGAGE $63.1B Website
US BANK $53.2B Website

The Middleweights | $25-$50 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.

CROSS COUNTRY MORTGAGE $42.7B Website
HOME POINT FINANCIAL $39.0B Website
FLAGSTAR BANK $36.5B Website
NATIONSTAR MORTGAGE (MR. COOPER) $35.7B Website
GUILD MORTGAGE COMPANY $34.9B Website
PENNYMAC LOAN SERVICES, LLC $34.9B Website
NEW AMERICAN FUNDING $30.2B Website
MOVEMENT MORTGAGE $29.9B Website
FINANCE OF AMERICA $28.9B Website
CITIBANK $27.3B Website
CARDINAL FINANCIAL $26.9B Website
CITIZENS BANK $26.5B Website
HOMEBRIDGE FINANCIAL SERVICES $26.0B Website
VETERANS UNITED $25.9B Website
TRUIST $25.5B Website

The Full List – Top Mortgage Lenders

$ Rank# RankMortgage CompanyVolume ($Billions)UnitsAvg. Loan Size
11QUICKEN LOANS INC.$313.21,141,303$274,380
22UNITED SHORE FINANCIAL SERVICES, LLC$178.4543,710$328,207
34WELLS FARGO BANK, NATIONAL ASSOCIATION$125.0304,027$411,016
43FREEDOM MORTGAGE CORPORATION$99.2388,443$255,447
55LOANDEPOT.COM, LLC$96.5280,894$343,559
68JPMORGAN CHASE BANK, NATIONAL ASSOCIATION$89.9212,605$422,622
76CALIBER HOME LOANS, INC.$70.1226,235$310,046
89GUARANTEED RATE, INC.$69.8200,043$348,940
910BANK OF AMERICA, NATIONAL ASSOCIATION$69.2150,456$459,903
107FAIRWAY INDEPENDENT MORTGAGE CORPORATION$63.1212,711$296,588
1111US BANK NATIONAL ASSOCIATION$53.2146,283$363,530
1213CROSSCOUNTRY MORTGAGE, INC.$42.6137,378$310,437
1316HOME POINT FINANCIAL CORPORATION$39.0117,127$333,119
1415FLAGSTAR BANK, FSB$36.5118,417$308,256
1512NATIONSTAR MORTGAGE LLC$35.7143,747$248,191
1614GUILD MORTGAGE COMPANY$34.9123,722$282,031
1717PENNYMAC LOAN SERVICES, LLC$34.9113,435$307,531
1819BROKER SOLUTIONS, INC.$30.2100,789$299,546
1918MOVEMENT MORTGAGE, LLC$29.9107,354$278,287
2022FINANCE OF AMERICA MORTGAGE LLC$28.985,337$339,209
2157CITIBANK, NATIONAL ASSOCIATION$27.331,347$869,916
2221CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP$26.991,573$293,213
2323CITIZENS BANK, NATIONAL ASSOCIATION$26.585,213$310,592
2428HOMEBRIDGE FINANCIAL SERVICES, INC.$26.077,633$335,408
2520VETERANS UNITED HOME LOANS$25.994,134$275,083
2625TRUIST BANK$25.584,811$300,325
2726AMERISAVE MORTGAGE CORPORATION$23.784,218$281,074
2829NAVY FEDERAL CREDIT UNION$23.476,313$306,811
2927PRIMELENDING, A PLAINSCAPITAL COMPANY$22.582,016$274,719
3024NEWREZ LLC$22.384,861$262,608
3199FIRST REPUBLIC BANK$22.218,852$1,178,751
3230PNC BANK, NATIONAL ASSOCIATION$20.165,844$305,129
3335AMERICAN PACIFIC MORTGAGE CORPORATION$19.754,629$361,482
3434BETTER MORTGAGE CORPORATION$18.856,686$332,166
3532CMG MORTGAGE, INC.$18.260,515$299,933
3633EVERETT FINANCIAL, INC.$16.057,526$277,579
3736ACADEMY MORTGAGE CORPORATION$15.152,704$285,718
3839LAKEVIEW LOAN SERVICING, LLC$15.050,277$299,102
3931THE HUNTINGTON NATIONAL BANK$14.461,821$233,739
4038USAA FEDERAL SAVINGS BANK$14.152,263$270,642
4141PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.$14.047,447$294,881
4245PROSPERITY HOME MORTGAGE, LLC$13.843,032$321,458
4343PROVIDENT FUNDING ASSOCIATES, L.P.$13.745,419$301,543
4437REGIONS BANK$13.652,659$257,946
4540DHI MORTGAGE COMPANY, LTD.$13.349,063$270,128
4644AMERICAN FINANCIAL NETWORK, INC.$13.243,743$301,628
4747EAGLE HOME MORTGAGE, LLC$13.140,303$324,545
4869TD BANK, NATIONAL ASSOCIATION$11.826,610$444,897
4946PRIMARY RESIDENTIAL MORTGAGE, INC.$11.642,366$273,204
50143MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION$11.410,585$1,073,407
5152THE FEDERAL SAVINGS BANK$11.335,086$321,967
5253CORNERSTONE HOME LENDING, INC.$11.034,765$316,680
5354KEYBANK NATIONAL ASSOCIATION$10.333,722$305,291
5451SYNERGY ONE LENDING, INC.$10.135,306$285,359
5556STEARNS LENDING, LLC$9.931,605$314,398
5655AMERIS BANK$9.631,917$301,925
5742FIFTH THIRD BANK, NATIONAL ASSOCIATION$9.645,682$210,035
5866CHERRY CREEK MORTGAGE CO., INC.$9.627,532$346,953
5968DRAPER AND KRAMER MORTGAGE CORP.$9.326,935$346,736
6062BAY EQUITY LLC$9.129,346$311,103
6158SUN WEST MORTGAGE COMPANY, INC.$9.129,651$305,552
6264SIERRA PACIFIC MORTGAGE COMPANY, INC.$8.828,594$307,675
6348GATEWAY MORTGAGE GROUP, LLC$8.737,961$230,242
6463RESIDENTIAL MORTGAGE SERVICES, INC.$8.228,617$284,851
6549CARRINGTON MORTGAGE SERVICES, LLC$8.137,283$218,361
6659BARRINGTON BANK & TRUST COMPANY, N.A.$8.029,589$271,951
6771NFM, INC.$8.025,868$309,582
6850UNION HOME MORTGAGE CORP.$8.036,448$219,625
6986UMPQUA BANK$8.022,128$359,770
7060NOVA FINANCIAL & INVESTMENT CORPORATION$7.829,565$265,096
7165ARK-LA-TEX FINANCIAL SERVICES, LLC.$7.827,868$280,298
7280SUMMIT FUNDING, INC.$7.523,396$319,157
7397LENDUS, LLC$7.219,746$364,810
7495NBKC BANK$7.220,025$358,479
7577NORTHPOINTE BANK$7.224,415$293,596
7672PLAZA HOME MORTGAGE, INC.$7.125,632$276,969
7781FIRSTBANK$7.123,385$302,115
78102COMMERCE HOME MORTGAGE, INC.$7.018,567$378,673
7979SWBC MORTGAGE CORPORATION$6.823,884$286,040
8073ATLANTIC BAY MORTGAGE GROUP, L.L.C.$6.725,569$262,946
81147CHARLES SCHWAB BANK$6.67,809$845,488
8276AMERICAN FINANCING CORPORATION$6.424,514$262,344
8384FBC MORTGAGE, LLC$6.322,619$278,463
84149UBS BANK USA$6.15,319$1,150,670
85104PULTE MORTGAGE LLC$6.118,256$332,436
8682BANK OF ENGLAND$6.022,757$264,425
8788BELL BANK$5.921,070$281,725
88145MUFG UNION BANK, NATIONAL ASSOCIATION$5.99,045$655,431
89134BBVA USA$5.912,164$484,703
9067UNION SAVINGS BANK$5.827,110$213,723
91124GEORGE MASON MORTGAGE, LLC$5.815,142$380,279
92111PARKSIDE LENDING, LLC$5.717,741$324,033
9390PLANET HOME LENDING, LLC$5.720,291$281,353
9475VILLAGE CAPITAL & INVESTMENT LLC$5.724,602$230,860
95119FIRST HOME MORTGAGE CORPORATION$5.716,280$348,153
9694KELLER MORTGAGE, LLC$5.620,195$278,734
97126MCLEAN MORTGAGE CORPORATION$5.615,017$373,438
9885LAKE MICHIGAN CREDIT UNION$5.622,447$249,757
99113EVERGREEN MONEYSOURCE MORTGAGE COMPANY$5.617,351$322,476
10092CLEARPATH LENDING$5.620,288$274,398
101129AMWEST FUNDING CORP.$5.514,506$380,071
102110EMBRACE HOME LOANS, INC.$5.517,748$309,333
10361RUOFF MORTGAGE COMPANY, INC.$5.529,386$185,728
10478NEW DAY FINANCIAL, LLC$5.424,282$224,136
105128WYNDHAM CAPITAL MORTGAGE, INC.$5.414,639$368,038
106133LEADER BANK, NATIONAL ASSOCIATION$5.412,527$429,666
10793SECURITYNATIONAL MORTGAGE COMPANY$5.420,231$265,721
10889LEADERONE FINANCIAL CORPORATION$5.421,056$255,226
109112INTERCONTINENTAL CAPITAL GROUP, INC$5.317,604$302,322
110117NVR MORTGAGE FINANCE, INC.$5.316,707$318,242
111127NORTH AMERICAN SAVINGS BANK, F.S.B.$5.314,736$360,806
112150CITY NATIONAL BANK$5.23,947$1,308,375
113103ENVOY MORTGAGE, LTD$5.118,307$280,120
114122IBERIABANK$5.115,578$328,753
11591RENASANT BANK$5.020,290$248,084
116100HOMESIDE FINANCIAL, LLC$5.018,844$266,421
117101FIRST FEDERAL BANK$4.918,711$263,764
118118V.I.P. MORTGAGE, INC.$4.916,417$300,332
119137WINNPOINTE CORPORATION$4.911,807$411,653
12087DAS ACQUISITION COMPANY, LLC$4.821,979$220,284
121148HSBC BANK USA, NATIONAL ASSOCIATION$4.86,222$778,094
122123INTERCAP LENDING INC.$4.815,358$314,009
12383ARVEST BANK$4.822,639$212,662
12498MANUFACTURERS AND TRADERS TRUST COMPANY$4.819,096$250,744
125108HIGHLANDS RESIDENTIAL MORTGAGE, LTD.$4.817,886$266,347
12696MID AMERICA MORTGAGE, INC.$4.819,764$240,950
127144GOOGAIN, INC.$4.710,034$472,121
128142ALLY BANK$4.710,689$442,841
129130FIRST UNITED BANK AND TRUST COMPANY$4.714,146$333,570
130120SOUTH STATE BANK, NATIONAL ASSOCIATION$4.716,243$288,775
131114FIRST GUARANTY MORTGAGE CORPORATION$4.717,281$270,166
132109AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC$4.717,821$261,955
13370STATE EMPLOYEES' CREDIT UNION$4.626,536$174,824
134135NJ LENDERS CORP.$4.611,973$385,225
135139FREMONT BANK$4.611,288$404,271
136105PLAINS COMMERCE BANK$4.518,197$249,879
137131SYNOVUS BANK$4.513,394$335,443
138121BOKF, NATIONAL ASSOCIATION$4.515,918$280,682
139106WATERSTONE MORTGAGE CORPORATION$4.518,146$245,845
140107NATIONS LENDING CORPORATION$4.518,021$247,119
141141ZIONS BANCORPORATION, N.A.$4.410,904$407,805
142138STRONG HOME MORTGAGE, LLC$4.411,641$380,499
143115CHURCHILL MORTGAGE CORPORATION$4.417,276$255,388
144132TOWNE BANK$4.413,065$337,446
145140MEGA CAPITAL FUNDING, INC.$4.411,187$392,404
146125ASSOCIATED BANK, NATIONAL ASSOCIATION$4.415,098$289,893
147136CELEBRITY HOME LOANS, LLC$4.411,910$365,301
148146FIRST SAVINGS MORTGAGE CORPORATION$4.38,557$500,024
149116AMCAP MORTGAGE, LTD.$4.317,096$249,810
15074VANDERBILT MORTGAGE AND FINANCE, INC.$4.125,133$164,934

We used the the 2020 HMDA loan level database to calculate our results. We excluded subordinate liens and commercial properties.

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