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

This ranking of the top 10 U.S. mortgage lenders is based on agency loan originations data for year-to-date (YTD) originations through Q3 2025.

The data, sourced from Polygon Pulse MBS Pivot, highlights lender performance by number of originations, origination volume and average loan size.

UWM's position as the #1 lender, with over 231,000 loans originated, highlights the critical role the mortgage broker community plays in loan origination. For other lenders, this emphasizes the strategic importance of either building strong wholesale partnerships or creating highly competitive retail and correspondent channels to compete effectively.

The variation in average loan amounts suggests different strategic and product focuses among the leaders.

For decision-makers, this data is crucial for benchmarking performance, assessing market share, and refining channel strategy. Analyzing the product mix and geographic focus of these top lenders can reveal underserved markets and guide strategic decisions on where to compete or differentiate.

Whether you're a lender, service provider, or technology vendor, this list helps you identify who the key players are. It’s a roadmap for who to connect with, who to watch, and what strategies are winning in the current market.