20 banks with the largest mortgage origination volume

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The top five lenders in the ranking have an average mortgage origination volume of more than $12 billion as of the end of the third quarter. A majority of banks saw an increase in mortgage origination volume between the second and third quarter, with one seeing a substantial increase of 137.83%.

The data was sourced from National Mortgage News' MortgageStats site, which pulls from quarterly call reports available from the Federal Financial Institutions Examination Council.

Scroll through to see which residential lenders are in the top 20 and how they fared through the end of September.

Banks ranked by mortgage origination volume in Q3

Rank Company Q3 dollar
volume
(millions)
Q2 dollar
volume
(millions)
Percent
change
20 The Federal Savings Bank $942 $845 11.48%
19 NexBank $982 $988 -0.61%
18 TD Bank $1,201 $1,240 -3.15%
17 Ameris Bank $1,301 $1,479 -12.04%
16 USAA $1,326 $1,231 7.72%
15 Huntington National Bank $1,636 $1,650 -0.85%
14 Renasant Bank $1,711 $1,060 61.42%
13 Bank of America $2,096 $2,080 0.77%
12 Fifth Third Bank $2,150 $1,407 52.81%
11 Wells Fargo $3,113 $3,658 -14.90%
10 Cornerstone Capital Bank $3,255 $3,460 -5.92%
9 Citizens Bank $3,800 $3,443 10.37%
8 PNC Bank $4,112 $1,729 137.83%
7 Morgan Stanley $4,376 $4,316 1.39%
6 Truist $4,846 $5,270 -8.05%
5 Citibank $4,931 $4,578 7.71%
4 Goldman Sachs $8,826 $6,086 45.02%
3 Flagstar Bank $9,662 $8,602 12.32%
2 U.S. Bank $10,733 $8,782 22.22%
1 JPMorgan Chase $26,529 $20,811 27.48%
Chart showing banks with the largest mortgage origination volume in Q3 where the Federal Savings Bank ranked 20th.
The Federal Savings Bank ranked 20th with a mortgage origination volume of $942 million in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where NexBank ranked 19th.
NexBank ranked 19th with a mortgage origination volume of $982 million in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where the TD Bank ranked 18th.
TD Bank ranked 18th with a mortgage origination volume of $1.201 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Ameris Bank ranked 17th.
Ameris Bank ranked 17th with a mortgage origination volume of $1.301 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where USAA ranked 16th.
USAA ranked 16th with a mortgage origination volume of $1.326 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Huntington National Bank ranked 15th.
Huntington National Bank ranked 15th with a mortgage origination volume of $1.636 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Renasant Bank ranked 14th.
Renasant Bank ranked 14th with a mortgage origination volume of $1.711 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Bank of America ranked 13th.
Bank of America ranked 13th with a mortgage origination volume of $2.096 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Fifth Third Bank ranked 12th.
Fifth Third Bank ranked 12th with a mortgage origination volume of $2.150 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Wells Fargo ranked 11th.
Wells Fargo ranked 11th with a mortgage origination volume of $3.113 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Cornerstone Capital Bank ranked 10th.
Cornerstone Capital Bank ranked 10th with a mortgage origination volume of $3.255 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Citizens Bank ranked 9th.
Citizens Bank ranked 9th with a mortgage origination volume of $3.8 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where PNC Bank ranked 8th.
PNC Bank ranked 8th with a mortgage origination volume of $4.112 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Morgan Stanley ranked 7th.
Morgan Stanley ranked 7th with a mortgage origination volume of $4.376 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Truist Bank ranked 6th.
Truist Bank ranked 6th with a mortgage origination volume of $4.846 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Citibank ranked 5th.
Citibank ranked 5th with a mortgage origination volume of $4.931 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Goldman Sachs ranked 4th.
Goldman Sachs ranked 4th with a mortgage origination volume of $8.826 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where Flagstar Bank ranked 3rd.
Flagstar Bank ranked 3rd with a mortgage origination volume of $9.662 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where U.S. Bank ranked 2nd.
U.S. Bank ranked 2nd with a mortgage origination volume of $10.733 billion in Q3.
Chart showing banks with the largest mortgage origination volume in Q3 where JPMorgan Chase ranked 1st.
JPMorgan Chase ranked 1st with a mortgage origination volume of $26.529 billion in Q3.
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