Top 10 Home Mortgage Lenders in the United States 2019-2020

Top 10 Home Mortgage Lenders in the United States 2019-2020

If you are searching for a home to buy in the United States, then you first have to know which made it in the top best residential home mortgage lenders in the U.S this year. So for that, we have compiled this list of top 10 home Mortgage lenders in the United States 2019-2020 to help you make the right choice.

The latest Home Mortgage Disclosure Act data was released by the Federal Financial Institutions Examination Council, and shows which Home Mortgage lenders in the U.S are dominating the mortgage origination market.

About List of Top 10 America’s Largest Mortgage Lenders Data

The data reviewed that the total number of originated loans of all types and purposes increased by almost 1 million between 2017 and 2018, or 13%. Refinance originations increased by 16%, and home purchase lending increased by nearly 11%.

RELATED: How Much Home Can I Afford

The HMDA data below on top U.S. Home mortgage lenders, which was prepared by iEmergent, shows that Wells Fargo still made the list of the top 10 Home Mortgage Lenders in the United States 2018, despite its difficult year.

iEmergent calculated the top mortgage lenders in the U.S.A by looking at the number of purchase and refinance 1-4 family loans originated. When considering all mortgages originated over all loan types, Quicken Loans actually comes out at No. 1 with 437,839 loans originated totaling $146.3 billion.

List of Top 10 Home Mortgage Lenders in the United States 2018-2019

Below is the list of top 10 mortgage lenders in the United States that dominated mortgage originations in 2018 by the total number of mortgages each originated:

  • 1. Quicken Loans – 436,289

Top 10 Home Mortgage Lenders in the United States 2019-2020

Quicken Loans Inc., is a mortgage lending company headquartered in the One Campus Martius building in the heart of the financial district of downtown Detroit, Michigan.

  • A share of total loans: 5.7%
  • Rank in total dollar volume: 2
  • Total origination volume: $90.6 billion

America’s Largest Mortgage Lender (Quicken Loans) believe simplicity makes things better for everyone. Naturally, they thought the mortgage process could use some help in that department.

  • 2. Wells Fargo Bank – 393,568
    • A share of total loans: 5.2%
    • Rank in total dollar volume: 1
    • Total origination volume: $126 billion

Top 10 Home Mortgage Lenders in the United States 2019-2020

Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California, with central offices throughout the country. We believe everyone deserves a decent, safe place to call home.

  • 3. JPMorgan Chase Bank – 173,702
    • A share of total loans: 2.3%
    • Rank in total dollar volume: 3
    • Total origination volume: $74 billion

Top 10 Home Mortgage Lenders in the United States 2019-2020

JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, JPMorgan Chase are a leading global financial services firm with assets of $2.6 trillion.

Top 10 Mortgage Lenders in the U.S.

Others in the list of top 10 Home Mortgage Lenders in the United States 2018 are as follows.

  • 4. Bank of America – 152,811
    • A share of total loans: 2%
    • Rank in total dollar volume: 4
    • Total origination volume: $58.1 billion
  • 5. Freedom Mortgage Corp. – 152,017
    • A share of total loans: 2%
    • Rank in total dollar volume: 6
    • Total origination volume: $31.8 billion
  • 6. loanDepot – 132,440
    • A share of total loans: 1.7%
    • Rank in total dollar volume: 5
    • Total origination volume: $35.7 billion
  • 7. U.S. Bank – 108,171
    • A share of total loans: 1.4%
    • Rank in total dollar volume: 7
    • Total origination volume: $28.6 billion
  • 8. Caliber Home Loans – 105,371
    • A share of total loans: 1.4%
    • Rank in total dollar volume: 8
    • Total origination volume: $27.6 billion
  • 9. Flagstar Bank – 99,341
    • A share of total loans: 1.3%
    • Rank in total dollar volume: 9
    • Total origination volume: $26.5 billion
  • 10. United Wholesale Mortgage – 82,231
    • A share of total loans: 1.1%
    • Rank in total dollar volume: 10
    • Total origination volume: $22.9 billion

We hope you where able to choose form the above relaible and top 10 Home Mortgage Lenders in the United States 2018 to buy your home from.

READ ALSO: Yale University Tuition And Fees