{
 "id": "one-to-four-investor-lenders-by-loans",
 "title": "Largest 1-4 Unit Investor Lenders by Loans, 2025",
 "url": "https://lender.report/rankings/one-to-four-investor-lenders-by-loans/",
 "ranking_label": "Largest by this measure",
 "label": null,
 "definition": {
  "measure": "1-4 unit non-owner-occupied or business-purpose loans closed in 2025",
  "period": "2025",
  "formula": "Count of the lender's HMDA records for 1-4 unit loans that are non-owner-occupied or business purpose and closed in 2025.",
  "order": "Largest first by the measure, then by the second figure where the list has one, then by name. Payment is not part of the order.",
  "as_of": "2025",
  "source": {
   "key": "S5",
   "name": "HMDA",
   "url": "https://ffiec.cfpb.gov/data-browser/"
  },
  "columns": {
   "value": "Loans closed",
   "second": "Dollars",
   "third": "Typical loan"
  }
 },
 "lenders_on_record": 3894,
 "listed": 50,
 "cite_as": "Source: The Lender Report, Largest 1-4 Unit Investor Lenders by Loans, https://lender.report/rankings/one-to-four-investor-lenders-by-loans/, data as of December 31, 2025.",
 "license": "CC BY 4.0. Cite as shown.",
 "is_paid": false,
 "changelog": [
  {
   "date": "2026-11-12",
   "text": "First published, with the data built on this date."
  }
 ],
 "rows": [
  {
   "rank": 1,
   "lr_id": "lr_009102",
   "name": "United Wholesale Mortgage",
   "kind": "Non-bank",
   "based_in": "Pontiac, MI",
   "value": 31218,
   "second": 8292850000,
   "third": 205000,
   "is_paid": false
  },
  {
   "rank": 2,
   "lr_id": "lr_008899",
   "name": "Kiavi Funding, Inc.",
   "kind": "Non-bank",
   "based_in": "San Francisco, CA",
   "value": 25518,
   "second": 7774810000,
   "third": 215000,
   "is_paid": false
  },
  {
   "rank": 3,
   "lr_id": "lr_009060",
   "name": "Rocket Mortgage",
   "kind": "Non-bank",
   "based_in": "Detroit, MI",
   "value": 13753,
   "second": 3872605000,
   "third": 215000,
   "is_paid": false
  },
  {
   "rank": 4,
   "lr_id": "lr_008668",
   "name": "The Loan Store, Inc",
   "kind": "Non-bank",
   "based_in": "Tucson, AZ",
   "value": 11868,
   "second": 3995800000,
   "third": 275000,
   "is_paid": false
  },
  {
   "rank": 5,
   "lr_id": "lr_009334",
   "name": "Crosscountry Mortgage, LLC",
   "kind": "Non-bank",
   "based_in": "Cleveland, OH",
   "value": 10082,
   "second": 3601670000,
   "third": 265000,
   "is_paid": false
  },
  {
   "rank": 6,
   "lr_id": "lr_008720",
   "name": "Loan Funder LLC",
   "kind": "Non-bank",
   "based_in": "New York, NY",
   "value": 9296,
   "second": 3416740000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 7,
   "lr_id": "lr_008692",
   "name": "RCN Capital, LLC",
   "kind": "Non-bank",
   "based_in": "South Windsor, CT",
   "value": 7774,
   "second": 1698350000,
   "third": 165000,
   "is_paid": false
  },
  {
   "rank": 8,
   "lr_id": "lr_009435",
   "name": "Champions Funding, LLC",
   "kind": "Non-bank",
   "based_in": "Gilbert, AZ",
   "value": 7467,
   "second": 2944915000,
   "third": 295000,
   "is_paid": false
  },
  {
   "rank": 9,
   "lr_id": "lr_008879",
   "name": "BPL Mortgage, LLC",
   "kind": "Non-bank",
   "based_in": "Oakbrook Terrace, IL",
   "value": 7141,
   "second": 1269345000,
   "third": 125000,
   "is_paid": false
  },
  {
   "rank": 10,
   "lr_id": "lr_009446",
   "name": "Pennymac Loan Services LLC",
   "kind": "Non-bank",
   "based_in": "Westlake Village, CA",
   "value": 6372,
   "second": 2591640000,
   "third": 335000,
   "is_paid": false
  },
  {
   "rank": 11,
   "lr_id": "lr_009086",
   "name": "Lennar Mortgage, LLC",
   "kind": "Non-bank",
   "based_in": "Miami, FL",
   "value": 6134,
   "second": 1567420000,
   "third": 235000,
   "is_paid": false
  },
  {
   "rank": 12,
   "lr_id": "lr_009123",
   "name": "Ocmbc, Inc.",
   "kind": "Non-bank",
   "based_in": "Irvine, CA",
   "value": 6043,
   "second": 2009585000,
   "third": 255000,
   "is_paid": false
  },
  {
   "rank": 13,
   "lr_id": "lr_008706",
   "name": "RF Renovo Management Company, LLC",
   "kind": "Non-bank",
   "based_in": "Chicago, IL",
   "value": 5969,
   "second": 2071705000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 14,
   "lr_id": "lr_009254",
   "name": "HomeXpress Mortgage Corp.",
   "kind": "Non-bank",
   "based_in": "Santa Ana, CA",
   "value": 5811,
   "second": 1911735000,
   "third": 255000,
   "is_paid": false
  },
  {
   "rank": 15,
   "lr_id": "lr_009308",
   "name": "Guaranteed Rate, Inc.",
   "kind": "Non-bank",
   "based_in": "Chicago, IL",
   "value": 5730,
   "second": 2240040000,
   "third": 295000,
   "is_paid": false
  },
  {
   "rank": 16,
   "lr_id": "lr_008640",
   "name": "A&D Mortgage LLC",
   "kind": "Non-bank",
   "based_in": "Ft. Lauderdale, FL",
   "value": 5695,
   "second": 1777915000,
   "third": 235000,
   "is_paid": false
  },
  {
   "rank": 17,
   "lr_id": "lr_009257",
   "name": "Hometown Equity Mortgage, LLC",
   "kind": "Non-bank",
   "based_in": "Lake Forest, CA",
   "value": 5405,
   "second": 2213975000,
   "third": 295000,
   "is_paid": false
  },
  {
   "rank": 18,
   "lr_id": "lr_009064",
   "name": "Newrez LLC",
   "kind": "Non-bank",
   "based_in": "Fort Washington, PA",
   "value": 5250,
   "second": 1752080000,
   "third": 255000,
   "is_paid": false
  },
  {
   "rank": 19,
   "lr_id": "lr_009209",
   "name": "AmWest Funding Corp",
   "kind": "Non-bank",
   "based_in": "Brea, CA",
   "value": 5001,
   "second": 1535215000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 20,
   "lr_id": "lr_009374",
   "name": "Deephaven Mortgage LLC",
   "kind": "Non-bank",
   "based_in": "Charlotte, NC",
   "value": 4914,
   "second": 1411450000,
   "third": 215000,
   "is_paid": false
  },
  {
   "rank": 21,
   "lr_id": "lr_008662",
   "name": "CV3 Financial Services, LLC",
   "kind": "Non-bank",
   "based_in": "El Segundo, CA",
   "value": 4782,
   "second": 1615890000,
   "third": 175000,
   "is_paid": false
  },
  {
   "rank": 22,
   "lr_id": "lr_009295",
   "name": "Velocity Commercial Capital LLC",
   "kind": "Non-bank",
   "based_in": "Westlake Village, CA",
   "value": 4776,
   "second": 1422560000,
   "third": 185000,
   "is_paid": false
  },
  {
   "rank": 23,
   "lr_id": "lr_000001",
   "name": "JPMorgan Chase Bank, National Association",
   "kind": "Bank",
   "based_in": "Columbus, OH",
   "value": 4691,
   "second": 3729875000,
   "third": 305000,
   "is_paid": false
  },
  {
   "rank": 24,
   "lr_id": "lr_009076",
   "name": "CMG Mortgage Inc",
   "kind": "Non-bank",
   "based_in": "San Ramon, IL",
   "value": 4651,
   "second": 1721595000,
   "third": 275000,
   "is_paid": false
  },
  {
   "rank": 25,
   "lr_id": "lr_008669",
   "name": "Citadel Servicing Corporation",
   "kind": "Non-bank",
   "based_in": "Irvine, CA",
   "value": 4136,
   "second": 1672200000,
   "third": 285000,
   "is_paid": false
  },
  {
   "rank": 26,
   "lr_id": "lr_009190",
   "name": "Kind Lending, LLC",
   "kind": "Non-bank",
   "based_in": "Irvine, CA",
   "value": 4110,
   "second": 1382770000,
   "third": 275000,
   "is_paid": false
  },
  {
   "rank": 27,
   "lr_id": "lr_009403",
   "name": "American Heritage Lending, LLC",
   "kind": "Non-bank",
   "based_in": "Irvine, CA",
   "value": 3741,
   "second": 975985000,
   "third": 185000,
   "is_paid": false
  },
  {
   "rank": 28,
   "lr_id": "lr_008975",
   "name": "Guild Mortgage Company",
   "kind": "Non-bank",
   "based_in": "San Diego, CA",
   "value": 3469,
   "second": 996595000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 29,
   "lr_id": "lr_009185",
   "name": "Fairway Independent Mort Corp",
   "kind": "Non-bank",
   "based_in": "Madison, WI",
   "value": 3466,
   "second": 1044080000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 30,
   "lr_id": "lr_008795",
   "name": "DHI Mortgage Company, LTD.",
   "kind": "Non-bank",
   "based_in": "Austin, TX",
   "value": 3424,
   "second": 915180000,
   "third": 255000,
   "is_paid": false
  },
  {
   "rank": 31,
   "lr_id": "lr_009020",
   "name": "Movement Mortgage, LLC",
   "kind": "Non-bank",
   "based_in": "Indian Land, SC",
   "value": 3397,
   "second": 1102115000,
   "third": 255000,
   "is_paid": false
  },
  {
   "rank": 32,
   "lr_id": "lr_009154",
   "name": "Angel Oak Mortgage Solutions LLC",
   "kind": "Non-bank",
   "based_in": "Atlanta, GA",
   "value": 3151,
   "second": 1063415000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 33,
   "lr_id": "lr_008972",
   "name": "loanDepot.com LLC",
   "kind": "Non-bank",
   "based_in": "Irvine, CA",
   "value": 2801,
   "second": 918705000,
   "third": 265000,
   "is_paid": false
  },
  {
   "rank": 34,
   "lr_id": "lr_000006",
   "name": "U.S. Bank National Association",
   "kind": "Bank",
   "based_in": "Cincinnati, OH",
   "value": 2786,
   "second": 1212320000,
   "third": 325000,
   "is_paid": false
  },
  {
   "rank": 35,
   "lr_id": "lr_009265",
   "name": "Union Home Mortgage Corp.",
   "kind": "Non-bank",
   "based_in": "Strongsville, OH",
   "value": 2685,
   "second": 587845000,
   "third": 195000,
   "is_paid": false
  },
  {
   "rank": 36,
   "lr_id": "lr_008849",
   "name": "Change Lending",
   "kind": "Non-bank",
   "based_in": "Anaheim, CA",
   "value": 2644,
   "second": 1150130000,
   "third": 300000,
   "is_paid": false
  },
  {
   "rank": 37,
   "lr_id": "lr_009000",
   "name": "Dominion Financial Services, LLC",
   "kind": "Non-bank",
   "based_in": "Baltimore, MD",
   "value": 2589,
   "second": 663035000,
   "third": 175000,
   "is_paid": false
  },
  {
   "rank": 38,
   "lr_id": "lr_009430",
   "name": "Emporium Tpo LLC",
   "kind": "Non-bank",
   "based_in": "Frisco, TX",
   "value": 2559,
   "second": 1114415000,
   "third": 295000,
   "is_paid": false
  },
  {
   "rank": 39,
   "lr_id": "lr_009048",
   "name": "Nexera Holding LLC",
   "kind": "Non-bank",
   "based_in": "Emeryville, CA",
   "value": 2465,
   "second": 953245000,
   "third": 285000,
   "is_paid": false
  },
  {
   "rank": 40,
   "lr_id": "lr_000004",
   "name": "Wells Fargo Bank, National Association",
   "kind": "Bank",
   "based_in": "Sioux Falls, SD",
   "value": 2438,
   "second": 954670000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 41,
   "lr_id": "lr_008950",
   "name": "LendingOne LLC",
   "kind": "Non-bank",
   "based_in": "Boca Raton, FL",
   "value": 2420,
   "second": 624720000,
   "third": 185000,
   "is_paid": false
  },
  {
   "rank": 42,
   "lr_id": "lr_009420",
   "name": "Conventus Lending LLC",
   "kind": "Non-bank",
   "based_in": "San Francisco, CA",
   "value": 2417,
   "second": 2107435000,
   "third": 605000,
   "is_paid": false
  },
  {
   "rank": 43,
   "lr_id": "lr_008666",
   "name": "Easy Street Capital LLC",
   "kind": "Non-bank",
   "based_in": "Austin, TX",
   "value": 2409,
   "second": 863645000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 44,
   "lr_id": "lr_009037",
   "name": "New American Funding, LLC.",
   "kind": "Non-bank",
   "based_in": "Tustin, CA",
   "value": 2323,
   "second": 721385000,
   "third": 235000,
   "is_paid": false
  },
  {
   "rank": 45,
   "lr_id": "lr_008676",
   "name": "Lima One Capital, LLC",
   "kind": "Non-bank",
   "based_in": "Greenville, SC",
   "value": 2316,
   "second": 788580000,
   "third": 215000,
   "is_paid": false
  },
  {
   "rank": 46,
   "lr_id": "lr_009372",
   "name": "Better Mortgage Corporation",
   "kind": "Non-bank",
   "based_in": "New York, NY",
   "value": 2314,
   "second": 475820000,
   "third": 155000,
   "is_paid": false
  },
  {
   "rank": 47,
   "lr_id": "lr_008679",
   "name": "Investor Mortgage Finance LLC",
   "kind": "Non-bank",
   "based_in": "Austin, TX",
   "value": 2202,
   "second": 692840000,
   "third": 245000,
   "is_paid": false
  },
  {
   "rank": 48,
   "lr_id": "lr_000039",
   "name": "East West Bank",
   "kind": "Bank",
   "based_in": "Pasadena, CA",
   "value": 2164,
   "second": 1302720000,
   "third": 455000,
   "is_paid": false
  },
  {
   "rank": 49,
   "lr_id": "lr_000002",
   "name": "Bank of America, National Association",
   "kind": "Bank",
   "based_in": "Charlotte, NC",
   "value": 2161,
   "second": 2086935000,
   "third": 335000,
   "is_paid": false
  },
  {
   "rank": 50,
   "lr_id": "lr_008800",
   "name": "Homebridge Financial Services, Inc.",
   "kind": "Non-bank",
   "based_in": "Iselin, NJ",
   "value": 2091,
   "second": 547385000,
   "third": 175000,
   "is_paid": false
  }
 ]
}