The Top 15 Mortgage Lenders for Originations in 2019

June 26, 2020

The number of loans originated by independent mortgage companies has increased significantly over recent years. In 2019, these lenders originated more than half—or 56.4%--of first-lien, owner-occupied home purchase loans, up from 35% in 2010, according to a report released this month from the Consumer Financial Protection Bureau. Independent mortgage companies also originated more than half—58.1%--of first-lien, owner-occupied refinance loans.

Banks originated 2.6 million, or 32.4%, of all originations in 2019, and credit unions followed at 714,000, or 8.8%, of originations, the report shows.

The following lenders completed the most mortgage originations in 2019, according to the report:

  1. Quicken Loans: 541 (total originations in thousands)
  2. United Shore Financial Services LLC: 339
  3. Wells Fargo Bank: 232
  4. JPMorgan Chase Bank: 168
  5. Fairway Independent Mortgage Corporation: 147
  6. Loandepot.com LLC: 146
  7. Caliber Home Loans Inc.: 136
  8. Bank of America: 134
  9. Freedom Mortgage Corporation: 110
  10. U.S. Bank National Association: 94
  11. Guaranteed Rate Inc.: 86
  12. Guild Mortgage Company: 85
  13. Nationstar Mortgage LLC: 84
  14. Flagstar Bank: 75
  15. Movement Mortgage LLC: 69
Source: 
Data Point: 2019 Mortgage Market Activity and Trends,” Consumer Financial Protection Bureau (June 2020)