It’s a hat trick.
As soon as once more, United Wholesale Mortgage was topped the highest mortgage lender within the nation, because it was in 2024 and 2023.
This marks the third 12 months in a row for the Pontiac, Michigan-based firm that solely works with mortgage brokers.
And like traditional, they beat out their crosstown rival Rocket Mortgage within the course of.
Learn on to see which different corporations made the top-10 record in 2025.
Largest Mortgage Lenders of 2025 (Total)
| Rating | Firm Title | 2025 Mortgage Quantity |
| 1. | UWM | $162.0 billion |
| 2. | Rocket Mortgage | $106.6 billion |
| 3. | CrossCountry | $48.3 billion |
| 4. | Chase | $47.8 billion |
| 5. | Pennymac | $33.7 billion |
| 6. | Financial institution of America | $29.0 billion |
| 7. | Charge | $28.8 billion |
| 8. | U.S. Financial institution | $27.9 billion |
| 9. | Veterans United | $27.5 billion |
| 10. | Wells Fargo | $27.3 billion |
Let’s take a more in-depth have a look at the nation’s largest mortgage lenders, primarily based on mortgage quantity that features retail and wholesale originations per HMDA knowledge parsed by Richey Might.
Greater than 4,700 banks, direct mortgage lenders, wholesale lenders, and credit score unions originated almost $2 trillion ($1.97T) in dwelling loans final 12 months.
That was a pleasant leap from 2024, when mortgage corporations funded simply $1.3 collectively.
As famous, UWM took the spoils and it wasn’t even shut. The corporate funded a mouthwatering $162 billion in dwelling loans final 12 months, simply beating out second place Rocket.
Talking of, Rocket Mortgage mustered $106.6 billion in funded loans, which incorporates each retail and wholesale mortgage originations.
UWM solely works within the wholesale channel and nonetheless was capable of originate roughly 50% extra!
However Rocket has been steadily rising its personal wholesale channel, often called Rocket PRO, and acquisitions of Redfin and Mr. Cooper may slender the hole this 12 months and past.
After the primary two, it drops off massively, however kudos to CrossCountry Mortgage for ascending the record and grabbing third.
The Cleveland, Ohio-based lender funded $48.3 billion in dwelling loans throughout 2025, referring to itself as “America’s #1 retail mortgage lender.”
Taking fourth was Chase, the one precise financial institution within the high 5 with $47.8 billion in mortgages closed.
And rounding out the highest 5 was Pennymac, one other nonbank primarily based in SoCal with $33.7 billion.
The remainder of the perfect included Financial institution of America, Charge (previously Assured Charge), U.S. Financial institution, Mortgage Analysis Heart, and Wells Fargo.
High House Buy Lenders of 2025
| Rating | Firm Title | 2025 Mortgage Quantity |
| 1. | UWM | $93.5 billion |
| 2. | Rocket Mortgage | $50.5 billion |
| 3. | CrossCountry | $38.2 billion |
| 4. | Chase | $31.6 billion |
| 5. | DHI Mortgage | $23.4 billion |
| 6. | Veterans United | $22.6 billion |
| 7. | Charge | $22.3 billion |
| 8. | Guild Mortgage | $22.0 billion |
| 9. | CMG Mortgage | $21.7 billion |
| 10. | Fairway House | $20.8 billion |
House buy loans accounted for simply over two-thirds (68%) of whole mortgage quantity final 12 months.
And sure, United Wholesale Mortgage topped this record too, unsurprisingly.
The corporate prolonged $93.5 billion in mortgages to dwelling patrons throughout 2025, once more almost double second-placed Rocket’s $50.5 billion funded.
In third was CrossCountry Mortgage with $38.2 billion, displaying their deal with dwelling patrons versus present householders.
Chase once more took fourth with $31.6 billion, however a dwelling builder’s mortgage lender, DHI Mortgage, snagged fifth with $23.4 billion.
Others within the high 10 included Mortgage Analysis Heart, which operates Veterans United House Loans, a high buy lender for veterans (VA loans), Charge, Guild Mortgage, CMG Mortgage, Fairway House Mortgage,
Falling simply exterior the highest 10 was Lennar Mortgage, one other captive builder lender.
So not a ton of surprises right here, particularly with the inclusion of a few dwelling builder-affiliated lenders.
They’re arduous to beat as a result of they’ve the flexibility to supply large mortgage fee buydowns to their clients shopping for properties.
Largest Mortgage Refinance Lenders of 2025
| Rating | Firm Title | 2025 Mortgage Quantity |
| 1. | UWM | $68.5 billion |
| 2. | Rocket Mortgage | $54.0 billion |
| 3. | Freedom Mortgage | $19.7 billion |
| 4. | Pennymac | $15.8 billion |
| 5. | Chase | $13.1 billion |
| 6. | Newrez | $10.2 billion |
| 7. | CrossCountry | $9.6 billion |
| 8. | U.S. Financial institution | $9.6 billion |
| 9. | Financial institution of America | $9.2 billion |
| 10. | loanDepot | $8.4 billion |
Once we focus solely on present householders, the record modifications fairly a bit.
Those that already personal properties can modify their present mortgage by making use of for a refinance.
This contains each fee and time period refinances, the place you alter the mortgage fee, mortgage time period, and/or product sort.
And cash-out refinances, the place you faucet fairness or consolidate debt to cowl different bills.
The highest mortgage lender right here was once more UWM with $68.5 billion funded, adopted by Rocket with $54 billion and Freedom Mortgage with $19.7 billion.
Once more, mortgage quantity dropped off a ton as soon as the highest two mortgage lenders had been out of the image.
In fourth was Pennymac with $15.8 billion, adopted by Chase with $13.1 billion in fifth.
The remainder of the perfect included Newrez, CrossCountry Mortgage, U.S. Financial institution, Financial institution of America, and eventually loanDepot.
So not a ton of selection within the high mortgage lender lists, which appear to be dominated by a small handful of very huge gamers.
Over time, these lists have consolidated, particularly as the large guys purchase extra small guys, together with actual property portals and mortgage mortgage servicing corporations.
As I at all times say, take the time to look past the family names. You may pay much less in case you go together with an organization that doesn’t spend thousands and thousands on commercials and promoting!
Earlier than creating this web site, I labored as an account govt for a wholesale mortgage lender in Los Angeles. My hands-on expertise within the early 2000s impressed me to start writing about mortgages 19 years in the past to assist potential (and present) dwelling patrons higher navigate the house mortgage course of. Observe me on X for decent takes.