20 banks with the largest mortgage origination volume

Complimentary Access Pill
Enjoy complimentary access to top ideas and insights — selected by our editors.

The top five lenders in the ranking have an average mortgage origination volume of more than $10 billion as of the end of the fourth quarter of 2024. A majority of banks saw a decrease in mortgage origination volume between the third and fourth quarter, with one seeing a substantial decrease of 62.27%.

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 December.

Banks ranked by mortgage origination volume in Q4

Rank Company Q4 dollar volume
(millions)
Q3 dollar volume
(millions)
Percent
change
20 Leader Bank $737 $706 4.39%
19 Bell Bank $744 $817 -8.94%
18 The Federal Savings Bank $902 $942 -4.25%
17 USAA $1,266 $1,326 -4.52%
16 TD Bank $1,277 $1,201 6.33%
15 Ameris Bank $1,424 $1,301 9.45%
14 Huntington National Bank $1,715 $1,636 4.83%
13 Fifth Third Bank $1,967 $2,150 -8.51%
12 Bank of America $2,262 $2,096 7.92%
11 PNC Bank $2,754 $4,112 -33.03%
10 Morgan Stanley $2,832 $4,376 -35.28%
9 Wells Fargo $3,167 $3,113 1.73%
8 Citizens Bank $3,291 $3,800 -13.39%
7 Cornerstone Capital Bank $3,434 $3,255 5.50%
6 Flagstar Bank $3,645 $9,662 -62.27%
5 Citibank $4,018 $4,931 -18.52%
4 Truist $5,039 $4,846 3.98%
3 U.S. Bank $9,385 $10,733 -12.56%
2 Goldman Sachs $9,450 $8,826 7.07%
1 JPMorgan Chase $22,335 $26,529 -15.81%
NMN_20 banks with the largest mortgage origination volume in Q4_20.jpg
Leader Bank ranked 20th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_19.jpg
Bell Bank ranked 19th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_18.jpg
The Federal Savings Bank ranked 18th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_17.jpg
USAA ranked 17th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_16.jpg
TD Bank ranked 16th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_15.jpg
Ameris Bank ranked 15th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_14.jpg
Huntington National Bank ranked 14th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_13.jpg
Fifth Third Bank ranked 13th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_12.jpg
Bank of America ranked 12th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_11.jpg
PNC Bank ranked 11th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_10.jpg
Morgan Stanley ranked 10th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_9.jpg
Wells Fargo ranked 9th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_8.jpg
Citizens Bank ranked 8th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_7.jpg
Cornerstone Capital Bank ranked 7th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_6.jpg
Flagstar Bank ranked 6th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_5.jpg
Citibank ranked 5th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_4.jpg
Truist ranked 4th for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_3.jpg
U.S. Bank ranked 3rd for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_2.jpg
Goldman Sachs ranked 2nd for banks with the largest mortgage origination volume in Q4.
NMN_20 banks with the largest mortgage origination volume in Q4_.jpg
JPMorgan Chase ranked 1st for banks with the largest mortgage origination volume in Q4.
MORE FROM NATIONAL MORTGAGE NEWS