CFPB HMDA 2024 snapshot

Where do US mortgages get funded?

According to the CFPB HMDA 2024 Snapshot, 4,908 reporting lenders filed 12,229,298 applications. Approval rates, denial patterns, and loan volume come from that public register.

Volume #1 is not origination-share #1

According to the CFPB HMDA 2024 Snapshot, United Wholesale Mortgage leads funded volume at 366,078 originations but ranks #204 of 1,076 lenders with 1,000+ applications on origination share (74.1%). Easy Street Capital LLC leads that origination-share board at 100.0% on 1,937 applications.

366,078
Volume #1 originations
#204
Volume leader share rank
100.0%
Origination-share #1
17.17%
National denial rate

Source: CFPB HMDA 2024 Snapshot. Origination share is originated ÷ applications among reporters with 1,000+ applications; denial share uses a different denominator. The top 10 lenders account for about 22.3% of originated volume. See /methodology for refresh cadence.

Top 10 states by mortgage originations (2024)

California leads the ledger at 509,394 funded loans.

#1 CA
California originations
509,394
1. California509K2. Texas492K3. Florida475K4. North Carolina256K5. Ohio246K6. Pennsylvania246K7. Georgia228K8. New York209K9. Michigan204K10. Illinois204K

Originations heat map · all 54 states

Color encodes funded loan volume so the geographic concentration is readable at a glance.

All states
Scale: Lowest volume Low Mid High Highest volume
View all 54 states as a list
  1. California: 509K
  2. Texas: 492K
  3. Florida: 475K
  4. North Carolina: 256K
  5. Ohio: 246K
  6. Pennsylvania: 246K
  7. Georgia: 228K
  8. New York: 209K
  9. Michigan: 204K
  10. Illinois: 204K
  11. Virginia: 183K
  12. Arizona: 167K
  13. Indiana: 163K
  14. Tennessee: 160K
  15. New Jersey: 156K
  16. Washington: 153K
  17. Colorado: 143K
  18. Wisconsin: 137K
  19. Missouri: 131K
  20. South Carolina: 127K
  21. Massachusetts: 120K
  22. Maryland: 117K
  23. Minnesota: 112K
  24. Alabama: 104K
  25. Kentucky: 89K
  26. Utah: 87K
  27. Oregon: 78K
  28. Oklahoma: 72K
  29. Iowa: 68K
  30. Connecticut: 67K
  31. Nevada: 66K
  32. Louisiana: 62K
  33. Arkansas: 59K
  34. Kansas: 54K
  35. Mississippi: 50K
  36. Idaho: 48K
  37. Nebraska: 38K
  38. New Mexico: 36K
  39. Maine: 32K
  40. New Hampshire: 30K
  41. West Virginia: 27K
  42. Delaware: 24K
  43. Rhode Island: 23K
  44. Montana: 19K
  45. Hawaii: 16K
  46. South Dakota: 16K
  47. North Dakota: 13K
  48. PR: 13K
  49. Vermont: 12K
  50. Wyoming: 11K
  51. Alaska: 11K
  52. District of Columbia: 8K
  53. GU: 112
  54. VI: 36

Largest mortgage lenders by funded volume

United Wholesale Mortgage funded the most loans in the snapshot. Denial rate sits beside volume deliberately: the two rank lenders differently, and a volume leader is not automatically the easier approval.

# Lender Originated Denial Rate Avg Loan Save to shortlist
1 United Wholesale Mortgage (MI) 366,078 11.7% $380,061
2 Rocket Mortgage (MI) 361,071 14.9% $284,179
3 Crosscountry Mortgage, LLC (OH) 101,894 2.4% $375,527
4 Bank of America NA (CA) 83,165 34.6% $274,986
5 Navy Federal Credit Union (VA) 82,022 23.9% $213,031
6 JPMorgan Chase Bank, NA (OH) 80,744 8.1% $569,056
7 Loandepot.Com, LLC (CA) 79,418 23.3% $267,675
8 Guild Mortgage Company (CA) 75,356 3.7% $305,231
9 Us Bank, N.A. (OH) 74,512 26.8% $304,941
10 Fairway Independent Mort CORP (WI) 74,401 4.7% $318,005

Volume leaders split on denial rate

Same 10 lenders, plotted by funded volume against denial rate. 4 of 10 sit above the national 17.2% average and 6 sit below it — being the volume leader does not put a lender consistently on either side.

Even bigger & stricterEven bigger & lenientSmaller (of these 10) & stricterSmaller (of these 10) & lenient59817.2140028.3220239.5300450.7380661.80.7%9.6%18.5%27.4%36.2%Funded loans (originated)Denial rate (%)United Wholesale Mortgage, Funded loans (originated): 366078 · Denial rate (%): 11.69%United Wholesale MortgageRocket Mortgage, Funded loans (originated): 361071 · Denial rate (%): 14.86%Rocket MortgageCrosscountry Mortgage, LLC, Funded loans (originated): 101894 · Denial rate (%): 2.36%Crosscountry Mortgage, LLCBank of America NA, Funded loans (originated): 83165 · Denial rate (%): 34.63%Bank of America NANavy Federal Credit Union, Funded loans (originated): 82022 · Denial rate (%): 23.95%Navy Federal Credit UnionJPMorgan Chase Bank, NA, Funded loans (originated): 80744 · Denial rate (%): 8.06%JPMorgan Chase Bank, NALoandepot.Com, LLC, Funded loans (originated): 79418 · Denial rate (%): 23.3%Loandepot.Com, LLCGuild Mortgage Company, Funded loans (originated): 75356 · Denial rate (%): 3.66%Guild Mortgage CompanyUs Bank, N.A., Funded loans (originated): 74512 · Denial rate (%): 26.75%Us Bank, N.A.Fairway Independent Mort CORP, Funded loans (originated): 74401 · Denial rate (%): 4.68%Fairway Independent Mort CORP
Source: CFPB HMDA 2024 Snapshot. Horizontal line marks the actual national denial rate (17.2%); vertical line marks this group's own median funded volume.

Where applications are most often denied

States ranked by the share of 2024 applications lenders reported as denied. Limited to states and territories with at least 10,000 applications, because a denial rate computed over a few hundred filings is noise, not a market. A high rate reflects who applies and which programs they use as much as any lender's standards.

According to the Consumer Financial Protection Bureau, the Home Mortgage Disclosure Act has required lender-level mortgage reporting since its enactment in December 1975, and PlainLender compiles that record for more than 4,900 lenders nationwide; see our methodology for the full source list and refresh cadence.

About this data

How PlainLender works, and why you can trust these numbers

What this site is

PlainLender is a plain-language reference for U.S. mortgage lending data. We turn the CFPB's Home Mortgage Disclosure Act (HMDA) 2024 Snapshot into a single searchable database covering 4,908 lenders, 54 states and territories, and 12,229,298 loan applications, with every figure traceable back to the issuing federal source.

Editorial process

  1. Source. Pull the HMDA Loan/Application Records, Transmittal Sheet, Reporter Panel, and MSA/MD description files directly from the CFPB's public S3 snapshot.
  2. Verify. Each record keeps its original HMDA identifiers (lender LEI, MSA/MD code, census tract), so every figure traces back to the source agency's own record.
  3. Publish. Compile per-lender, per-state, per-metro, and per-county profiles that show the data in context, national rank and approval/denial patterns, always linking back to the official CFPB source so readers can verify our numbers against it.

Editorial independence & corrections

PlainLender is an independent publisher and is not affiliated with the CFPB or any covered lender. We do not accept payment, sponsorship, or promoted placement from any lender. Found a record that looks wrong? Use the contact page with the page URL and the value that looks off, we compare it against the published CFPB source and correct our pipeline (not just the single page) if the error is on our side. See our editorial & corrections policy and methodology for the full process and source attribution.

Frequently asked

What data does PlainLender provide?

PlainLender provides HMDA mortgage lending data covering 4,908 lenders, 54 states and territories, 3,223 counties and county-equivalents, and 418 metros from 12,229,298 applications in 2024.

What is HMDA data?

The Home Mortgage Disclosure Act requires most mortgage lenders to report application-level data including loan amounts, interest rates, approval rates, and borrower demographics.

Where does the data come from?

All data comes from the Consumer Financial Protection Bureau HMDA dataset, the most comprehensive source of U.S. mortgage lending data.

Frequently Asked Questions

What data does PlainLender provide?

PlainLender provides HMDA mortgage lending data covering 4,908 lenders, 54 states and territories, 3,223 counties and county-equivalents, and 418 metros from 12,229,298 applications in 2024.

What is HMDA data?

The Home Mortgage Disclosure Act requires most mortgage lenders to report application-level data including loan amounts, interest rates, approval rates, and borrower demographics.

Where does the data come from?

All data comes from the Consumer Financial Protection Bureau HMDA dataset, the most comprehensive source of U.S. mortgage lending data.

Mortgage Guides

Understand mortgage data and make better borrowing decisions.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 Snapshot National Loan-Level Dataset: 12,229,298 applications filed by 4,908 reporting institutions · 2024 National rails describe filed application outcomes for the published reporting year - not credit offers, underwriting decisions, or a recommendation of any lender.

Download the state-level HMDA extract cited on this page: hmda-mortgage-statistics.csv (CC BY 4.0).

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. Homepage national rails use the latest CFPB HMDA snapshot year present in this extract; lender and geography tables share that vintage. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of August 2026. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.

PlainLender presents CFPB HMDA mortgage lending data for transparency and research purposes only. This site does not provide financial, lending, or legal advice. Contact a licensed mortgage professional before making borrowing decisions.