November 2025 U.S. Agency Mortgage Lender Rankings by Origination Count Lender Rankings

Lender Rankings

A Table Ranking the Top 10 Lenders by Loan Count 2025 YTD through October

Chart Download and Page Share

Share or Download

Data Points

Ytd Count YTD Volume Average UNITED WHOLESALE MORTGAGE LLC 276,298 $106.25 $384,556 PENNYMAC LOAN SERVICES LLC 224,151 $82.63 $368,625 ROCKET MORTGAGE LLC 216,139 $66.56 $307,931 NEWREZ LLC 112,165 $41.17 $367,061 FREEDOM MORTGAGE CORP 107,658 $40.98 $380,636 AMERIHOME MORTGAGE COMPANY LLC 105,520 $36.29 $343,953 NATIONSTAR MORTGAGE LLC 74,785 $26.38 $352,713 PLANET HOME LENDING LLC 62,500 $19.61 $313,701 CROSSCOUNTRY MORTGAGE LLC 59,181 $21.93 $370,612 JPMORGAN CHASE BANK NA 51,836 $16.67 $321,594

Date Published:

November 17, 2025

Date Updated:

November 18, 2025

Chart type:

Table

Suggested Citation:

Polygon Research, "Top 10 Agency Lenders - Ranked by Loan Count", Polygon Pulse - MBS Pivot (YTD 2025 Through October, Ginnie Mae, Fannie Mae, and Freddie Mac), November 2025.

Key Insight and Commentary

The table shows the 2025 year-to-date lender ranking, reflecting agency MBS loan-level data through October 2025. It provides a clear map of market concentration. The data shows a distinct top tier of three lenders, all surpassing 200,000 in loan originations: United Wholesale Mortgage (UWM) leads with 276,298 loans, followed by Pennymac Loan Services (224,151) and Rocket Mortgage (216,139). A significant volume gap separates these leaders from the rest of the top 10, with Newrez LLC (#4) at 112,165 loans.

For industry decision-makers, looking beyond simple loan count is critical. The "Average Loan Amount" column reveals divergent business models among the leaders.

Lenders and stakeholders can use this data to benchmark their own performance. It's essential to ask: Are you competing with UWM in the high-balance wholesale space, or with Rocket in the high-volume, lower-balance retail space? Understanding where peers are finding volume and at what average loan size is essential for strategic planning, channel investment, and identifying market opportunities.

From Analysis to Action

This analysis provides a clear blueprint for how to uncover meaningful market dynamics. Its true power is unleashed when you apply this same methodology to your own local markets. Because all real estate is local, this granular approach is essential for crafting precise strategies that effectively address the unique conditions of each community.

Ready to Continue? Get Your Exact Market Answers.

Go beyond generic insights. Polygon's interactive tools and limitless filtering empower you to tailor market data to your specific strategy.
Start your 7-day free trial.

Unlock My Custom Insights Now - Free Trial