FHA ARM Refinance Lender Rankings

Government Loans

Table ranking FHA ARM refinance lenders for Jan–May 2026; Rocket Mortgage leads, and three lenders account for about 69% of endorsements.

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Data Points

Reporting period | January–May 2026 Geography | United States (nationwide) Population | FHA adjustable-rate mortgage refinance endorsements Share denominator | All FHA ARM refinance endorsements during the reporting period Record type | Rank | Lender or group | FHA ARM refinance endorsement count | Share of all FHA ARM refinance endorsements | Average rate (%) Lender | 1 | Rocket Mortgage | 2,487 | 25.6% | 4.95% Lender | 2 | United Wholesale Mortgage | 2,399 | 24.7% | 4.51% Lender | 3 | Freedom Mortgage | 1,850 | 19.1% | 4.87% Lender | 4 | New American Funding | 760 | 7.8% | 5.20% Lender | 5 | Pennymac | 752 | 7.8% | 4.98% Lender | 6 | loanDepot | 244 | 2.5% | 4.67% Lender | 7 | Sun West Mortgage | 216 | 2.2% | 4.54% Lender | 8 | Mutual of Omaha Mortgage | 206 | 2.1% | 5.00% Lender | 9 | Guaranteed Rate | 114 | 1.2% | 5.14% Lender | 10 | NewRez | 92 | 0.9% | 4.91% Summary | N/A | Top 10 lenders | 9,120 | 94.1% | N/A Summary | N/A | All FHA ARM refinances | 9,696 | 100.0% | 4.83% Benchmark | N/A | All FHA refinances, fixed and adjustable | N/A | N/A | 5.85%

Who leads the FHA ARM refinance market?

Rocket Mortgage leads, followed by UWM and Freedom Mortgage.

Date Published:

July 13, 2026

Date Updated:

July 13, 2026

Chart type:

Table

Suggested Citation:

Polygon Research, “Top 10 FHA Adjustable-Rate Refinance Lenders by Endorsement Count, Jan–May 2026,” Polygon Pulse – FHA Pivot, published July 2026. Data through May 2026. Scope: FHA adjustable-rate refinance endorsements nationwide. Metric: endorsement count, share of FHA ARM refinance endorsements (%) and average rate (%). Accessed July 12, 2026.

Key insights

Rocket Mortgage leads nationwide FHA adjustable-rate mortgage (ARM) refinance endorsements for January–May 2026, with 2,487 endorsements and a 25.6% share. United Wholesale Mortgage ranks second with 2,399 and 24.7%, followed by Freedom Mortgage with 1,850 and 19.1%. Together, the three lenders account for 69.5% of FHA ARM refinance endorsements.

Rapid growth in this specialized product is concentrated among relatively few lenders. The top 10 produced 9,120 of 9,696 endorsements, or 94.1% of the market. Scale is not explained by rate alone: UWM posted the lowest average rate among the top 10 at 4.51%, yet Rocket led volume at 4.95%. Sun West recorded the second-lowest rate, 4.54%, but ranked seventh.

The lowest average rates do not consistently correspond with the highest endorsement volume. Across all FHA ARM refinances, the average rate was 4.83%, compared with 5.85% for all FHA refinances, fixed and adjustable. The chart is descriptive, and differences may reflect borrower, loan, channel, geography, term, index, margin, points or endorsement mix. January–May results are not a full-year ranking.

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