The Top 150 Mortgage Lenders in 2023
Published: (Updated: )
by .Table of Contents

We’ve updated our list of the largest mortgage companies in 2023. Last year (2023), mortgage lenders originated $2.2 Trillion loans for a combined $5.2 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 2020 which means more volume is shifting to the largest lenders. The top 50 companies alone account for 54% (up from 50% in 2020) of the mortgage market. Let’s see how they stack up against each other.

The Super Heavyweight | $140 Billion +
While Quicken and Wells Fargo Bank were neck and neck in 2018, Quicken pulled away substantially in 2023. They originated $140 Billion which accounts for 6.5% of total mortgages.
QUICKEN LOANS | $141.5B | WEBSITE |
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 | $105.2B | WEBSITE |
UNITED SHORE | $103.4B | WEBSITE |
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 | $72.6B | WEBSITE |
JPMORGAN CHASE BANK | $62.6B | WEBSITE |
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 | $42.0B | WEBSITE |
CALIBER HOME LOANS | $40.3B | WEBSITE |
FAIRWAY MORTGAGE | $36.1B | WEBSITE |
US BANK | $34.9B | WEBSITE |
GUARANTEED RATE | $32.6B | WEBSITE |
FREEDOM MORTGAGE | $28.6B | WEBSITE |
FLAGSTAR BANK | $22.3B | WEBSITE |
GUILD MORTGAGE COMPANY | $16.0B | WEBSITE |
CITIBANK | $12.4B | WEBSITE |
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) | $19.4B | WEBSITE |
NAVY FEDERAL CREDIT UNION | $18.7B | WEBSITE |
CITIZENS BANK | $17.7B | WEBSITE |
MOVEMENT MORTGAGE | $16.7B | WEBSITE |
USAA | $16.6B | WEBSITE |
VETERANS UNITED HOME LOANS | $16.4B | WEBSITE |
HOMEBRIDGE FINANCIAL SERVICES | $16.2B | WEBSITE |
FINANCE OF AMERICA | $15.3B | WEBSITE |
PNC BANK | $15.3B | WEBSITE |
The Full List – Top Mortgage Lenders
We used the the 2023 HMDA loan level database to calculate our results. We excluded subordinate liens and commercial properties.