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Ranking · 2025

Largest 1-4 Unit Investor Lenders by Loans

United Wholesale Mortgage leads this list at 31,218. The measure is 1-4 unit non-owner-occupied or business-purpose loans closed in 2025.

Metric
1-4 unit non-owner-occupied or business-purpose loans closed in 2025
Period
2025
Data as of
2025
Page last changed
November 11, 2026
Lenders on record
3,894
HMDA,
Largest on this list
31,218
HMDA,
Median lender
28
HMDA,
Share of the five largest
15.7%
HMDA,

Cite this

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.

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Lenders by 1-4 unit investor or business-purpose loans in 2025, 2025
LenderKindBased inLoans closedDollarsTypical loan
1. United Wholesale MortgageNon-bankPontiac, MI31,218$8.29B$205K
2. Kiavi Funding, Inc.Non-bankSan Francisco, CA25,518$7.77B$215K
3. Rocket MortgageNon-bankDetroit, MI13,753$3.87B$215K
4. The Loan Store, IncNon-bankTucson, AZ11,868$4.00B$275K
5. Crosscountry Mortgage, LLCNon-bankCleveland, OH10,082$3.60B$265K
6. Loan Funder LLCNon-bankNew York, NY9,296$3.42B$245K
7. RCN Capital, LLCNon-bankSouth Windsor, CT7,774$1.70B$165K
8. Champions Funding, LLCNon-bankGilbert, AZ7,467$2.94B$295K
9. BPL Mortgage, LLCNon-bankOakbrook Terrace, IL7,141$1.27B$125K
10. Pennymac Loan Services LLCNon-bankWestlake Village, CA6,372$2.59B$335K
11. Lennar Mortgage, LLCNon-bankMiami, FL6,134$1.57B$235K
12. Ocmbc, Inc.Non-bankIrvine, CA6,043$2.01B$255K
13. RF Renovo Management Company, LLCNon-bankChicago, IL5,969$2.07B$245K
14. HomeXpress Mortgage Corp.Non-bankSanta Ana, CA5,811$1.91B$255K
15. Guaranteed Rate, Inc.Non-bankChicago, IL5,730$2.24B$295K
16. A&D Mortgage LLCNon-bankFt. Lauderdale, FL5,695$1.78B$235K
17. Hometown Equity Mortgage, LLCNon-bankLake Forest, CA5,405$2.21B$295K
18. Newrez LLCNon-bankFort Washington, PA5,250$1.75B$255K
19. AmWest Funding CorpNon-bankBrea, CA5,001$1.54B$245K
20. Deephaven Mortgage LLCNon-bankCharlotte, NC4,914$1.41B$215K
21. CV3 Financial Services, LLCNon-bankEl Segundo, CA4,782$1.62B$175K
22. Velocity Commercial Capital LLCNon-bankWestlake Village, CA4,776$1.42B$185K
23. JPMorgan Chase Bank, National AssociationBankColumbus, OH4,691$3.73B$305K
24. CMG Mortgage IncNon-bankSan Ramon, IL4,651$1.72B$275K
25. Citadel Servicing CorporationNon-bankIrvine, CA4,136$1.67B$285K
26. Kind Lending, LLCNon-bankIrvine, CA4,110$1.38B$275K
27. American Heritage Lending, LLCNon-bankIrvine, CA3,741$976M$185K
28. Guild Mortgage CompanyNon-bankSan Diego, CA3,469$997M$245K
29. Fairway Independent Mort CorpNon-bankMadison, WI3,466$1.04B$245K
30. DHI Mortgage Company, LTD.Non-bankAustin, TX3,424$915M$255K
31. Movement Mortgage, LLCNon-bankIndian Land, SC3,397$1.10B$255K
32. Angel Oak Mortgage Solutions LLCNon-bankAtlanta, GA3,151$1.06B$245K
33. loanDepot.com LLCNon-bankIrvine, CA2,801$919M$265K
34. U.S. Bank National AssociationBankCincinnati, OH2,786$1.21B$325K
35. Union Home Mortgage Corp.Non-bankStrongsville, OH2,685$588M$195K
36. Change LendingNon-bankAnaheim, CA2,644$1.15B$300K
37. Dominion Financial Services, LLCNon-bankBaltimore, MD2,589$663M$175K
38. Emporium Tpo LLCNon-bankFrisco, TX2,559$1.11B$295K
39. Nexera Holding LLCNon-bankEmeryville, CA2,465$953M$285K
40. Wells Fargo Bank, National AssociationBankSioux Falls, SD2,438$955M$245K
41. LendingOne LLCNon-bankBoca Raton, FL2,420$625M$185K
42. Conventus Lending LLCNon-bankSan Francisco, CA2,417$2.11B$605K
43. Easy Street Capital LLCNon-bankAustin, TX2,409$864M$245K
44. New American Funding, LLC.Non-bankTustin, CA2,323$721M$235K
45. Lima One Capital, LLCNon-bankGreenville, SC2,316$789M$215K
46. Better Mortgage CorporationNon-bankNew York, NY2,314$476M$155K
47. Investor Mortgage Finance LLCNon-bankAustin, TX2,202$693M$245K
48. East West BankBankPasadena, CA2,164$1.30B$455K
49. Bank of America, National AssociationBankCharlotte, NC2,161$2.09B$335K
50. Homebridge Financial Services, Inc.Non-bankIselin, NJ2,091$547M$175K
HMDA,
  • 3,894 lenders report a positive figure on this measure for 2025. HMDA,
  • United Wholesale Mortgage has the largest figure, at 31,218. HMDA,
  • The five largest account for 15.7% of the total, and the ten largest for 22.2%. HMDA,
  • The median lender on this measure reports 28. HMDA,
  • 1-4 unit non-owner-occupied or business-purpose loans closed in 2025. HMDA,

How this list is defined

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
HMDA
Changelog
  • : First published, with the data built on this date.

Is your institution on this list? Show your rank. It carries the date and links back to this page.

What we don't know

  • Whether any lender on this list is taking new loans today.
  • Loans made by lenders outside the file this list reads, and loans the file does not cover.
  • Anything about a lender that the file does not carry. A lender can appear in the wrong place if its filing is wrong.

HMDA cannot tell a DSCR loan from a full-documentation investor loan.

A ranking is a plain sort of one published measure for one period. It is not a rating of any lender, and a lender can appear in the wrong place if a filing is wrong.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.