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Since the mortgage industry had its best year ever in 2020, individual loan officer production naturally followed suit.
For the first time in the 23-year history of National Mortgage News' survey, there is a billion dollar producer at the top of the list.
Christopher Gallo, a senior loan officer at NJ Lenders Corp. in Ho-Ho-Kus, N.J., logged slightly under $1.02 billion in loan volume for 2020.
Overall there were 204 originators that produced over $100 million, compared with 85 one year ago.
This year's No. 400 producer did over $53 million in production, compared with last year, when that person originated nearly $36 million.
As an industry, the latest data from Fannie Mae has mortgage lenders total volume in 2020 at $4.5 trillion, while the Mortgage Bankers Association has $3.8 trillion. In either case that beats 2003's $3.7 trillion as the best year ever.
The rankings are open to mortgage loan officers and mortgage brokers who work at depository, nonbank and mortgage brokerage firms in the United States. Below are the top 50 producers of 2021.
