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 | JPMorgan Chase BankColumbus, OH | B | $9.6B | 14,735 | 11.7% | 6.38% |
| 2 | Wells Fargo BankCharlotte, NC | B | $8.6B | 4,975 | 14.4% | 6.13% |
| 3 | United Shore Financial ServicesPlymouth, MI | B | $5.3B | 14,777 | 11.2% | 6.50% |
| 4 | Citizens BankProvidence, RI | C | $4.9B | 20,315 | 32.7% | 7.97% |
| 5 | Rocket MortgagePlymouth, MI | C | $3.5B | 19,924 | 22.0% | 6.88% |
| 6 | CitibankSioux Falls, SD | B | $3.3B | 7,735 | 17.3% | 6.13% |
| 7 | Crosscountry MortgageCleveland, OH | B | $2.5B | 7,792 | 5.5% | 6.75% |
| 8 | Bank of AmericaCharlotte, NC | F | $2.4B | 10,193 | 35.7% | 5.99% |
| 9 | TD BankWilmington, DE | D | $2.2B | 9,239 | 30.2% | 7.69% |
| 10 | Manufacturers and Traders TrustBuffalo, NY | C | $1.8B | 12,335 | 31.3% | 5.99% |
| 11 | Walker & DunlopBethesda, MD | C | $1.4B | 49 | 14.3% | 5.46% |
| 12 | Premium MortgageRochester, NY | A | $1.3B | 5,816 | 3.0% | 6.63% |
| 13 | NewrezWilmington, DE | D | $1.3B | 8,654 | 24.2% | 6.75% |
| 14 | Morgan Stanley Private BankNew York, NY | A | $1.3B | 1,283 | 4.7% | 5.80% |
| 15 | Merchants CapitalCarmel, IN | D | $1.3B | 14 | 7.1% | — |
| 16 | Arbor Realty TrustBaltimore, MD | C | $1.3B | 71 | 5.6% | 5.67% |
| 17 | M&T Realty CapitalBaltimore, MD | B | $1.2B | 44 | 0.0% | — |
| 18 | Nationwide Mortgage BankersLebanon, NJ | C | $1.2B | 2,912 | 3.0% | 6.75% |
| 19 | Homestead FundingAlbany, NY | A | $1.2B | 4,860 | 2.1% | 6.49% |
| 20 | Bethpage Federal Credit UnionBethpage, NY | C | $1.1B | 9,736 | 47.2% | 6.49% |
| 21 | Pennymac Loan ServicesWestlake Village, CA | C | $1.1B | 4,054 | 13.9% | 6.50% |
| 22 | U.S. BankCincinnati, OH | D | $1.1B | 2,629 | 29.4% | 6.25% |
| 23 | Contour MortgageDover, DE | B | $1.0B | 2,863 | 2.3% | 6.63% |
| 24 | Deutsche Bank Trust Company AmericasNew York, NY | – | $1.0B | 29 | 0.0% | — |
| 25 | Loan FunderNew York, NY | F | $997M | 3,034 | 10.0% | 9.99% |
| 26 | Loandepot.ComIrvine, CA | D | $871M | 3,857 | 18.5% | 6.75% |
| 27 | Barings Multifamily CapitalPlano, TX | A | $866M | 18 | 0.0% | 5.38% |
| 28 | Webster BankStamford, CT | C | $749M | 1,170 | 26.5% | 6.50% |
| 29 | CMG MortgageSan Ramon, CA | A | $716M | 2,112 | 6.9% | 6.38% |
| 30 | FM Home LoansNew York, NY | B | $714M | 1,321 | 1.8% | 6.88% |
| 31 | Sefcu ServicesAlbany, NY | A | $705M | 2,747 | 1.9% | 6.13% |
| 32 | ESL Federal Credit UnionRochester, NY | B | $691M | 7,817 | 17.6% | 4.50% |
| 33 | Ice Lender HoldingsNew York, NY | F | $668M | 1,078 | 21.4% | 7.88% |
| 34 | KeyBankCleveland, OH | C | $658M | 4,212 | 26.5% | 6.50% |
| 35 | National Cooperative BankHillsboro, OH | C | $655M | 439 | 13.2% | 6.54% |
| 36 | Community BankCanton, NY | D | $630M | 5,574 | 16.0% | 7.00% |
| 37 | HSBC Bank USAMclean, VA | B | $622M | 937 | 11.7% | 5.99% |
| 38 | Hudson Valley Credit UnionPoughkeepsie, NY | B | $619M | 6,638 | 25.4% | 4.50% |
| 39 | Greystone Servicing CompanyWarrenton, VA | D | $617M | 43 | 14.0% | 6.13% |
| 40 | Guaranteed RateChicago, IL | B | $615M | 2,146 | 4.4% | 6.63% |
| 41 | Cathay BankEl Monte, CA | A | $579M | 982 | 6.2% | 6.38% |
| 42 | UBS Bank USASalt Lake City, UT | A | $570M | 448 | 7.8% | 5.88% |
| 43 | United MortgageMelville, NY | C | $564M | 1,383 | 5.3% | 6.63% |
| 44 | Valley National BankPassaic, NJ | B | $560M | 959 | 17.0% | 6.25% |
| 45 | Champions FundingGilbert, AZ | F | $555M | 1,445 | 15.6% | 7.50% |
| 46 | Homebridge Financial ServicesIselin, NJ | B | $554M | 2,335 | 19.5% | 9.41% |
| 47 | Norwich Commercial GroupAvon, CT | C | $526M | 1,197 | 9.2% | 6.88% |
| 48 | CliffcoUniondale, NY | C | $508M | 1,253 | 5.3% | 6.75% |
| 49 | American Financial NetworkBrea, CA | C | $503M | 1,381 | 9.0% | 6.99% |
| 50 | Merchants Bank of IndianaCarmel, IN | B | $502M | 10 | 0.0% | 7.17% |
Ordered by the dollar value of loans originated in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
