Lender reviews

Compare the biggest U.S. mortgage lenders

Independent, ad-free reviews of 60 major lenders — ranked by 2025 lending volume from federal HMDA data, with what each is best for and how to weigh them. We don't take payment to rank anyone.

Lenders by 2025 volume

3,132,146 loans across this roster
#LenderTypeBest forLoans (2025)Approval*
1 Rocket MortgageDetroit, MI Nonbank lender Online experience 429,332 79.5% Review
2 United Wholesale MortgagePontiac, MI Nonbank lender Working through a broker 422,120 85.9% Review
3 CrossCountry MortgageCleveland, OH Nonbank lender Purchase loans 125,099 94.2% Review
4 PennyMacWestlake Village, CA Nonbank lender Rate shoppers 100,816 80.9% Review
5 ChaseNew York, NY Bank Existing bank customers 94,243 85.6% Review
6 loanDepotIrvine, CA Nonbank lender Repeat refinancers 91,730 72.8% Review
7 Bank of AmericaCharlotte, NC Bank Relationship discounts 88,530 54.8% Review
8 Guild MortgageSan Diego, CA Nonbank lender First-time buyers 86,111 94.9% Review
9 Veterans UnitedColumbia, MO Nonbank lender VA loans 82,764 71.6% Review
10 Navy Federal Credit UnionVienna, VA Credit union Military & VA loans 80,547 66.6% Review
11 U.S. BankMinneapolis, MN Bank Branch + bundle 74,635 59.8% Review
12 Fairway Independent MortgageMadison, WI Nonbank lender Local loan officers 74,450 93.9% Review
13 Guaranteed Rate (Rate)Chicago, IL Nonbank lender Digital + local mix 70,579 90.6% Review
14 CMG Home LoansSan Ramon, CA Nonbank lender Down-payment programs 70,353 93.9% Review
15 Freedom MortgageBoca Raton, FL Nonbank lender VA & FHA refinances 69,982 83.1% Review
16 DHI MortgageAustin, TX Nonbank lender D.R. Horton buyers 69,159 83.5% Review
17 CitizensProvidence, RI Bank Northeast borrowers 68,902 66.7% Review
18 NewrezFort Washington, PA Nonbank lender Non-QM & specialty 66,567 64.5% Review
19 PNC BankPittsburgh, PA Bank Low-down-payment buyers 61,280 65.4% Review
20 Movement MortgageIndian Land, SC Nonbank lender Fast underwriting 57,781 94.6% Review
21 New American FundingTustin, CA Nonbank lender Flexible credit 57,460 81.7% Review
22 Lennar MortgageMiami, FL Nonbank lender Lennar buyers 56,951 83.7% Review
23 Mr. CooperCoppell, TX Nonbank lender Servicing & refinancing 52,217 80.8% Review
24 Huntington BankColumbus, OH Bank Midwest buyers 51,203 67.6% Review
25 Wells FargoSan Francisco, CA Bank Branch banking 41,562 77.7% Review
26 TruistCharlotte, NC Bank Southeast borrowers 41,059 58% Review
27 Fifth Third BankCincinnati, OH Bank Midwest & Southeast 39,534 65.1% Review
28 Union Home MortgageStrongsville, OH Nonbank lender Purchase & first-time 37,767 93.2% Review
29 Regions BankBirmingham, AL Bank Southern branches 30,269 53.2% Review
30 AmeriSave MortgageAtlanta, GA Nonbank lender Online rate shopping 24,298 29.3% Review
31 Mutual of Omaha MortgageOmaha, NE Nonbank lender Reverse mortgages 24,192 76.7% Review
32 TD BankCherry Hill, NJ Bank East Coast buyers 23,499 64.3% Review
33 M&T BankBuffalo, NY Bank Northeast buyers 23,446 66% Review
34 Third Federal SavingsCleveland, OH Bank Low-cost fixed loans 21,298 63.4% Review
35 Prosperity Home MortgageChantilly, VA Nonbank lender Real-estate partnerships 20,869 92.1% Review
36 Pulte MortgageEnglewood, CO Nonbank lender PulteGroup buyers 18,825 84.6% Review
37 Homebridge FinancialIselin, NJ Nonbank lender Renovation loans 17,312 81.1% Review
38 BMO BankChicago, IL Bank Physician & jumbo loans 16,529 58.7% Review
39 Lakeview Loan ServicingCoral Gables, FL Nonbank lender Loan servicing 16,407 31.3% Review
40 NVR MortgageReston, VA Nonbank lender Ryan Homes buyers 16,403 79.3% Review
41 Supreme LendingDallas, TX Nonbank lender Purchase & branches 16,190 90.9% Review
42 SoFiSan Francisco, CA Bank Digital-first members 16,189 76.3% Review
43 Carrington MortgageAnaheim, CA Nonbank lender Lower credit scores 15,089 39.4% Review
44 BetterNew York, NY Nonbank lender Low lender fees 14,567 54.1% Review
45 Planet Home LendingMeriden, CT Nonbank lender Renovation & government 14,469 82.2% Review
46 Zillow Home LoansOverland Park, KS Nonbank lender Shopping on Zillow 14,357 92.5% Review
47 SchoolsFirst Federal Credit UnionSanta Ana, CA Credit union California educators 14,224 88.1% Review
48 Cardinal FinancialCharlotte, NC Nonbank lender Government loans 12,657 87.5% Review
49 USAASan Antonio, TX Bank Military & VA loans 11,693 62.4% Review
50 PenFed Credit UnionMcLean, VA Credit union VA & jumbo for members 11,278 53.7% Review
51 Flagstar BankHicksville, NY Bank Jumbo & specialty 9,656 64.1% Review
52 Primary Residential MortgageSalt Lake City, UT Nonbank lender Local branch service 9,570 92.6% Review
53 KeyBankCleveland, OH Bank Relationship lending 8,717 66.7% Review
54 Finance of AmericaPlano, TX Nonbank lender Reverse mortgages 8,696 86.5% Review
55 First Horizon BankMemphis, TN Bank Southern & specialty 8,447 74% Review
56 NewDay USAFulton, MD Nonbank lender VA cash-out 8,395 43.6% Review
57 Alliant Credit UnionChicago, IL Credit union Digital member lending 8,359 65.3% Review
58 NBKC BankKansas City, MO Bank Low fees & VA 6,849 83.6% Review
59 Northpointe BankGrand Rapids, MI Bank Nationwide bank lending 6,396 89.5% Review
60 AllySandy, UT Bank No-fee online loans 268 78.4% Review

Ranked by home loans originated in 2025 (federal HMDA data, FFIEC/CFPB). *Approval rate = originated ÷ (originated + denied); it reflects each lender's channel and borrower mix (wholesale, online and refi-heavy lenders run lower because many applications are rate shops that never close), not how selective they are. Reviews are editorial and independent — no lender pays to be listed or ranked, and we show no personalized rates.

How we review lenders

We start from facts, not sales pitches. Every lender's lending volume and approval rate comes straight from federal HMDA data, and our "best for" framing reflects each lender's publicly known strengths — channel, loan mix and program menu. We take no payment to list or rank a lender and show no personalized rate quotes.

Use these reviews to build a shortlist, then do the one thing that actually saves money: get a Loan Estimate from three or more lenders in the same two-week window and compare the APRs. Start with today's average rates as a benchmark and run your scenario in the mortgage calculator.