By Ben Luthi10 Largest Mortgage Lenders in the US
Quick Answer
The largest mortgage lenders in the U.S. are a mix of nonbank lenders, banks and a credit union. They all offer multiple types of mortgages, and most of the companies work directly with consumers who want to buy a home, refinance a mortgage or borrow against the equity in their home.
The top 10 mortgage lenders based on the number of mortgage loans they originated in 2024 include a mix of banks, nonbank lenders and one credit union. Banks and credit unions typically offer a suite of financial services, including checking accounts, wealth management, auto loans and mortgages. Nonbank lenders are financial institutions that lend money but don't offer deposit accounts.
With any mortgage, however, the company that originates your loan won't necessarily be the one that services your account. Many lenders hire another company to collect payments, and lenders commonly switch servicers or sell your loan to a new company. These changes won't alter your loan's terms or affect your credit score, but they mean that even if you use one of the lenders below, you might find yourself dealing with a new company after you close.
| Rank | Mortgage Lender | Number of Originations | Total Loan Amount |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 347,516 | $137,829,050,000 |
| 2 | Rocket Mortgage | 280,258 | $89,206,640,000 |
| 3 | CrossCountry Mortgage | 99,261 | $38,893,055,000 |
| 4 | JPMorgan Chase Bank | 73,815 | $35,190,215,000 |
| 5 | US Bank | 41,006 | $24,556,410,000 |
| 6 | Guaranteed Rate | 57,212 | $24,295,360,000 |
| 7 | DHI Mortgage Company | 70,520 | $23,996,880,000 |
| 8 | Fairway Independent Mortgage | 66,191 | $23,250,545,000 |
| 9 | Mortgage Research Center | 73,424 | $23,232,350,000 |
| 10 | Guild Mortgage | 64,954 | $22,645,070,000 |
Source: Mortgage Bankers Association
1. United Wholesale Mortgage
United Wholesale Mortgage works with home loan brokers rather than borrowers. Loan brokers don't work for a single financial institution. Instead, they can prepare your application and then gather offers from multiple lenders, including United Wholesale Mortgage.
- Number of originations: 347,516
- Total loan amount: $137,829,050,000
A loan broker might show you various types of conventional and government-backed loans from United Wholesale Mortgage, including Federal Housing Administration (FHA), Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA) loans. It also offers a single-closing construction loan that has lower monthly payments while you're building your home.
2. Rocket Mortgage
Rocket Mortgage—formerly Quicken Loans—launched its online-only mortgage application process in 2015, and it was the first lender to offer electronic closings nationwide. Today, you can apply and complete the mortgage application, review and approval process on your phone.
- Number of originations: 280,258
- Total loan amount: $89,206,640,000
Rocket Mortgage offers conventional, FHA, VA and jumbo loans. It has several options for buyers who don't have a lot of money for a down payment. For example, the ONE+ By Rocket Mortgage loan only requires a 1% down payment.
Learn more: What Type of Mortgage Loan Is Best?
3. CrossCountry Mortgage
CrossCountry Mortgage works directly with borrowers and has over 700 branches in all 50 states, as well as Washington, D.C., and Puerto Rico. You can start the application process online, but you may need to speak with a CrossCountry mortgage loan officer before you can review your specific offers.
- Number of originations: 99,261
- Total loan amount: $38,893,055,000
CrossCountry offers several down payment assistance programs that can make buying a home easier. For example, you might receive a grant or a low-cost or forgivable second loan that can go toward your closing costs and down payment. Many of these programs are also available through other participating lenders.
4. JPMorgan Chase Bank
JPMorgan Chase is the largest bank in the U.S., offering a wide range of mortgage products through its national branch network and online platform. Borrowers can review sample interest rates and loan options on Chase's website and start a prequalification or full application online.
- Number of originations: 73,815
- Total loan amount: $35,190,215,000
Chase offers conventional, jumbo, FHA and VA loans, along with programs designed to help first-time buyers with lower down payments or closing cost assistance.
5. US Bank
US Bank is over 150 years old and is one of the largest banks in the U.S. The bank has more than 2,000 branches in 26 states—primarily in the Midwest and Western states. But you can also get a mortgage from US Bank to buy a home in other states.
- Number of originations: 41,006
- Total loan amount: $24,556,410,000
US Bank lists interest rates and annual percentage rates (APRs) for the various mortgages it offers online. To qualify for the listed rate, however, you may need to have good credit, make a large down payment and buy mortgage points. Advertised mortgage rates often depend on several factors, which is one reason getting preapproved with several lenders and comparing your actual offers is important.
6. Guaranteed Rate
Guaranteed Rate is a major retail mortgage lender known for its digital-first approach, offering fast online preapproval and a streamlined application process. The company operates in all 50 states and provides a broad selection of loans, including conventional, FHA, VA, USDA and jumbo products.
- Number of originations: 57,212
- Total loan amount: $24,295,360,000
Guaranteed Rate can be appealing to borrowers who want a transparent, largely remote experience. In-person support is available but limited compared to large banks.
Learn more: Does Getting Preapproved Affect Your Credit?
7. DHI Mortgage Company
DHI Mortgage is the lending arm of D.R. Horton, the largest homebuilder in the U.S. The lender primarily serves buyers purchasing newly built D.R. Horton homes, offering conventional, FHA, VA and USDA loans.
- Number of originations: 70,520
- Total loan amount: $23,996,880,000
Borrowers often choose DHI because of its builder-specific incentives, which may include help with closing costs or interest-rate reductions when financing through the company.
8. Fairway Independent Mortgage
Fairway Independent Mortgage Corp. is a direct lender with physical branches in 48 states. The lender doesn't list its current mortgage rates on its website, and while you can start the preapproval process online, you can only provide a little information and wait for a loan officer to reach out to you.
- Number of originations: 66,191
- Total loan amount: $23,250,545,000
Fairway offers conventional and government-backed loans, including conventional and jumbo physician loans for medical professionals. These types of professional mortgages might have different debt-to-income (DTI), loan limit, mortgage insurance and down payment requirements to account for the high income that the borrower will likely have in the future.
9. Mortgage Research Center
Mortgage Research Center, the company behind Veterans United, specializes in connecting borrowers—particularly veterans and service members—with lenders offering VA loans. The company is not a direct lender in all cases, however. It also provides leads to help connect lenders with borrowers.
- Number of originations: 73,424
- Total loan amount: $23,232,350,000
Mortgage Research Center provides education tools and access to specialists who understand the VA mortgage process. But while it focuses heavily on VA loans, borrowers may also be connected with lenders offering other mortgage types.
Learn more: VA Loan Requirements
10. Guild Mortgage
Guild Mortgage has more than six decades of experience helping borrowers finance homes across 49 states, including first-time buyers and those who need flexible loan options. It offers conventional, FHA, VA and USDA loans, along with down payment assistance programs and niche products for buyers with unique financial situations.
- Number of originations: 64,954
- Total loan amount: $22,645,070,000
Guild is known for its customer service and focus on community lending, which may benefit buyers who need more hands-on guidance.
Mortgage Lending Trends
The mortgage market continues to shift as interest rates, lending technology and borrower demand evolve. Whether you're planning to buy a home, refinance or tap your equity, understanding current lending trends can help you make more informed decisions.
Here are the key developments shaping the mortgage landscape right now and what they could mean for borrowers in the coming months:
- Interest rates are still elevated but showing signs of relief. U.S. 30-year mortgage rates have been trending lower from peaks earlier in 2025 and remain near annual lows, even as they bounce modestly week to week. This has encouraged more refinance and purchase activity among borrowers sensitive to rate changes.
- There's a renewed demand for refinancing. With the Federal Reserve cutting rates in 2025 and market expectations of slightly lower long-term mortgage rates ahead, more homeowners are considering refinancing. Refinancing can reduce monthly payments or allow borrowers to switch from adjustable-rate loans to fixed-rate options, though closing costs still factor into overall savings.
- Nontraditional lending products are growing. Borrowers who don't fit the traditional income mold—such as self-employed workers and real estate investors—are driving demand for nonqualified mortgage loans. As a result, these nontraditional options are playing a bigger role in mortgage originations heading into 2026.
- Home price and affordability dynamics continue to influence demand. Home prices are expected to continue rising modestly, and many first-time buyers are still feeling the squeeze. With housing costs up and mortgage rates higher than in recent years, both purchase and refinance activity may grow more slowly, even as market conditions improve.
Learn more: Housing Market Predictions: What to Expect
Get Your Credit Mortgage Ready
A good credit score can help you qualify for more types of mortgages and lower interest rates. If you're looking for a new home or considering refinancing, check your credit report and FICO® ScoreΘ for free with Experian to see where you stand and get suggestions for improving your credit.
Although mortgage lenders likely use a different type of credit score for their decisions, many actions that improve one of your credit scores could help all of your scores.
Curious about your mortgage options?
Explore personalized solutions from multiple lenders and make informed decisions about your home financing. Leverage expert advice to see if you can save thousands of dollars.
Learn more
About the author
Ben Luthi
Ben Luthi has worked in financial planning, banking and auto finance, and writes about all aspects of money. His work has appeared in Time, Success, USA Today, Credit Karma, NerdWallet, Wirecutter and more.
Read more from Ben