Ranked by the dollar value of loans originated. Volume is not quality, but it does tell you who is set up to close at scale.
| # | Lender | Grade | Dollar volume | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | United Shore Financial ServicesPlymouth, MI | B | $2.1B | 8,694 | 10.6% | 6.38% |
| 2 | Bell BankFargo, ND | A | $2.1B | 7,987 | 5.3% | 6.63% |
| 3 | Rocket MortgagePlymouth, MI | C | $1.4B | 7,630 | 16.3% | 6.63% |
| 4 | U.S. BankCincinnati, OH | D | $1.1B | 8,624 | 30.4% | 7.88% |
| 5 | Crosscountry MortgageCleveland, OH | B | $1.0B | 3,942 | 2.1% | 6.63% |
| 6 | Old National BankEvansville, IN | B | $765M | 2,617 | 14.4% | 6.38% |
| 7 | Fairway Independent MortgageMadison, WI | B | $730M | 3,327 | 3.2% | 6.75% |
| 8 | Trustone Financial Credit UnionPlymouth, MN | C | $668M | 6,066 | 20.0% | 7.25% |
| 9 | Pennymac Loan ServicesWestlake Village, CA | C | $643M | 2,758 | 9.9% | 6.25% |
| 10 | Prosperity Home MortgageFairfax, VA | A | $573M | 2,141 | 3.6% | 6.63% |
| 11 | Lennar MortgageMiami, FL | A | $559M | 1,688 | 3.3% | 5.88% |
| 12 | Wings Financial Credit UnionApple Valley, MN | A | $554M | 3,960 | 16.4% | 7.25% |
| 13 | Cbre Multifamily CapitalWilmington, DE | A | $526M | 15 | 0.0% | 5.29% |
| 14 | Broker SolutionsTustin, CA | D | $519M | 3,246 | 5.5% | 6.75% |
| 15 | Wells Fargo BankCharlotte, NC | B | $511M | 2,449 | 13.0% | 6.38% |
| 16 | Jones Lang Lasalle MultifamilySt. Paul, MN | B | $488M | 23 | 0.0% | 5.34% |
| 17 | Alerus FinancialGrand Forks, ND | B | $487M | 1,815 | 5.5% | 6.63% |
| 18 | The Huntington National BankColumbus, OH | D | $462M | 3,033 | 27.6% | 7.25% |
| 19 | Guaranteed RateChicago, IL | B | $457M | 2,417 | 5.5% | 6.58% |
| 20 | Luminate BankMinneapolis, MN | B | $446M | 1,809 | 2.3% | 6.63% |
| 21 | Tradition MortgageLakeville, MN | A | $440M | 1,112 | 0.2% | 6.63% |
| 22 | Blaze Credit UnionFalcon Heights, MN | B | $427M | 4,074 | 12.3% | 6.38% |
| 23 | Royal Credit UnionEau Claire, WI | B | $424M | 2,342 | 11.0% | 6.75% |
| 24 | JPMorgan Chase BankColumbus, OH | B | $411M | 1,028 | 12.1% | 6.49% |
| 25 | Granite BankCold Spring, MN | B | $390M | 1,738 | 4.0% | 6.63% |
| 26 | Bridgewater BankSaint Louis Park, MN | C | $387M | 320 | 3.4% | — |
| 27 | Affinity PlusSaint Paul, MN | C | $384M | 5,438 | 14.6% | 6.63% |
| 28 | Colliers MortgageMinneapolis, MN | A | $380M | 17 | 0.0% | 5.24% |
| 29 | Magnifi Financial Credit UnionMelrose, MN | B | $360M | 1,377 | 10.4% | 6.25% |
| 30 | Mortgage Research CenterColumbia, MO | C | $357M | 2,262 | 17.7% | 6.25% |
| 31 | Loandepot.ComIrvine, CA | D | $309M | 2,104 | 17.6% | 6.75% |
| 32 | NewrezWilmington, DE | D | $308M | 2,419 | 16.9% | 6.63% |
| 33 | Guild MortgageSan Diego, CA | A | $294M | 1,061 | 2.5% | 6.75% |
| 34 | Dhi Mortgage CompanyArlington, TX | B | $278M | 865 | 5.7% | 5.50% |
| 35 | Merchants BankWinona, MN | A | $277M | 1,435 | 5.1% | 6.25% |
| 36 | Everett FinancialDallas, | C | $272M | 1,296 | 1.6% | 6.88% |
| 37 | Berkadia Commercial MortgageAmbler, PA | B | $241M | 7 | 0.0% | 5.26% |
| 38 | Frandsen Bank & TrustLonsdale, MN | B | $239M | 1,232 | 6.3% | 6.75% |
| 39 | Freedom MortgageBoca Raton, FL | B | $231M | 1,878 | 9.0% | 6.25% |
| 40 | Guaranteed Rate AffinityChicago, IL | A | $230M | 976 | 4.6% | 6.63% |
| 41 | M/i FinancialColumbus, OH | A | $227M | 661 | 0.9% | 5.88% |
| 42 | CMG MortgageSan Ramon, CA | A | $212M | 1,098 | 3.1% | 6.75% |
| 43 | Plaza Home MortgageSan Diego, CA | C | $207M | 966 | 15.6% | 6.38% |
| 44 | Mutual of Omaha MortgageSan Diego, CA | C | $205M | 941 | 10.2% | 6.43% |
| 45 | Associated BankGreen Bay, WI | B | $200M | 898 | 27.1% | 6.75% |
| 46 | Northmarq Capital FinanceOmaha, NE | C | $183M | 9 | 0.0% | 5.34% |
| 47 | Deerwood BankBaxter, | A | $177M | 1,074 | 4.8% | 7.25% |
| 48 | Think Mutual BankRochester, MN | C | $176M | 995 | 9.4% | 6.69% |
| 49 | National Bank of CommerceSuperior, WI | B | $176M | 411 | 4.4% | 6.75% |
| 50 | Summit MortgagePlymouth, MN | B | $176M | 828 | 3.4% | 6.63% |
Ordered by the dollar value of loans originated in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
