Top Mortgage Lenders in Georgia

It’s time to check out the top mortgage lenders in Georgia based on their 2021 loan volume.

These mortgage companies outranked more than one thousand other lenders to take the top honors.

Overall, about $160 billion in home loans was funded in The Peach State last year, making it one of the bigger states volume-wise nationwide.

And taking the #1 spot was Rocket Mortgage, also the nation’s largest mortgage lender.

Read on to see which other companies ranked in the top 10.

Top Mortgage Lenders in Georgia (Overall)

Ranking Company Name 2021 Loan Volume
1. Rocket Mortgage $12.2 billion
2. Pennymac $6.6 billion
3. Wells Fargo $5.3 billion
4. Truist $4.7 billion
5. UWM $4.7 billion
6. Ameris Bank $4.0 billion
7. Newrez $3.9 billion
8. Freedom Mortgage $3.8 billion
9. AmeriHome Mortgage $3.5 billion
10. Fairway Independent $3.1 billion

Detroit-based Rocket Mortgage, the nation’s biggest mortgage lender, originated an impressive $12.2 billion in home loans in Georgia last year.

That was nearly double their nearest competitor, Pennymac, per HMDA data from advisory company Richey May.

SoCal based Pennymac funded about $6.6 billion in the state last year, and only about a third of it comes via the retail channel.

They mostly dole out loans via the correspondent lending channel (via smaller banks and credit unions), and through mortgage brokers in the wholesale channel.

In other words, your loan may have been originated by a different company, but backed by Pennymac.

In third was San Francisco-based Wells Fargo with $5.3 billion funded, another good showing despite their controversies.

They were followed closely by Truist Financial and United Wholesale Mortgage (UWM), both with about $4.7 billion funded.

In sixth was Atlanta, Georgia’s own Ameris Bank with a healthy $4 billion in home loan volume.

Newrez was a close seventh with $3.9 billion, followed by Freedom Mortgage, AmeriHome, and Fairway Independent Mortgage.

Top Mortgage Lenders in Georgia (for Home Buyers)

Ranking Company Name 2021 Loan Volume
1. Pennymac $3.5 billion
2. Rocket Mortgage $2.6 billion
3. Ameris Bank $2.4 billion
4. UWM $2.3 billion
5. Homestar Financial $2.2 billion
6. Truist $2.1 billion
7. Fairway Independent $2.1 billion
8. Wells Fargo $1.9 billion
9. Newrez $1.9 billion
10. AmeriHome Mortgage $1.9 billion

If we consider only home purchase lending, the list changes like a bit…

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