Top Mortgage Lenders in Connecticut

Let’s talk about the top mortgage lenders in Connecticut, based on their total loan volume.

Nearly 700 companies originated home loans in The Constitution State during 2021, with overall funding volume exceeding $58 billion.

But one company beat out the competition, though not by a significantly wide margin.

Yes, it was the nation’s top lender, Rocket Mortgage, which you may have already guessed.

Read on to which other banks and mortgage lenders made the leaderboard in Connecticut.

Top Mortgage Lenders in Connecticut (Overall)

Ranking Company Name 2021 Loan Volume
1. Rocket Mortgage $3.2 billion
2. Chase $2.9 billion
3. Wells Fargo $2.3 billion
4. Citizens Bank $2.1 billion
5. Bank of America $1.8 billion
6. loanDepot $1.7 billion
7. U.S. Bank $1.7 billion
8. Total Mortgage $1.4 billion
9. Webster Bank $1.3 billion
10. UWM $1.2 billion

As noted, the #1 spot went to Rocket Mortgage, which funded $3.2 billion in Connecticut in 2021, per HMDA data from Richey May.

That wasn’t a huge surprise, as they are also the top mortgage lender in the country overall.

In second was NYC-based Chase Bank, which came close with $2.9 billion funded. It then dropped off a bit with San Francisco-based Wells Fargo funding $2.3 billion.

Two more banks rounded out the top five, including Citizens Bank and Bank of America.

Citizens Bank is basically a local institution as they are headquartered in nearby Providence, Rhode Island.

The bottom half of the top 10 included loanDepot, U.S. Bank, Total Mortgage (CT), Webster Bank, and United Wholesale Mortgage.

Webster Bank is also Connecticut-based, with headquarters in Waterbury, CT.

Top Mortgage Lenders in Connecticut (for Home Buyers)

Ranking Company Name 2021 Loan Volume
1. Chase $1.3 billion
2. Citizens Bank $1.1 billion
3. Total Mortgage $918 million
4. Wells Fargo $898 million
5. U.S. Bank $830 million
6. Rocket Mortgage $680 million
7. Guaranteed Rate $643 million
8. Bank of America $613 million
9. UWM $590 million
10. Citibank $576 million

When it came to home purchase financing, Chase took first place with $1.3 billion funded, followed by Citizens Bank with $1.1 billion and Total Mortgage with $918 million.

Fourth went to Wells Fargo with $898 million, while U.S. Bank grabbed fifth with $830 million funded.

The rest of the heavy hitters included Rocket Mortgage, Guaranteed Rate, Bank of America, UWM, and…

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