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 beat out more than a thousand other lenders to take top honors.

Overall, nearly $160 billion in home loans were financed in The Peach State last year, making it one of the largest states nationwide.

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

Read on to see which other companies made the top 10.

Top Mortgage Lenders in Georgia (Overall)

grade name of the company 2021 loan amount
1. rocket hostage $12.2 billion
2. pennymac $6.6 billion
3. Wells Fargo $5.3 billion
4. truest $4.7 billion
5. uwm $4.7 billion
6. Ameris Bank $4.0 billion
7. neurez $3.9 billion
8. liberty mortgage $3.8 billion
9. amerihome mortgage $3.5 billion
10. fairway independent $3.1 billion

Detroit based rocket hostageThe nation’s largest mortgage lender originated an impressive $12.2 billion in home loans in Georgia last year.

This was almost double that of his nearest competitor, pennymacAs per HMDA data from consultant company richie may,

SoCal-based PennyMac raised about $6.6 billion in funding in the state last year, and only about a third of that comes through the retail channel.

They lend mostly through the correspondent lending channel (through small banks and credit unions) and through mortgage brokers in the wholesale channel.

In other words, your loan may be originated by a different company, but backed by PennyMac.

In third place was San Francisco-based Wells Fargo with a $5.3 billion funding round, another strong performer despite their controversies.

They were followed by Trueist Financial and United Wholesale Mortgage (UWM), both raising about $4.7 billion in funding.

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

Neurez was seventh with $3.9 billion, followed by liberty mortgageAmeriHome, and Fairway Independent Mortgage.

Top Mortgage Lenders in Georgia (For Home Buyers)

grade name of the company 2021 loan amount
1. pennymac $3.5 billion
2. rocket hostage $2.6 billion
3. Ameris Bank $2.4 billion
4. uwm $2.3 billion
5. Homestar Financial $2.2 billion
6. truest $2.1 billion
7. fairway independent $2.1 billion
8. Wells Fargo $1.9 billion
9. neurez $1.9 billion
10. amerihome mortgage $1.9 billion

If we consider only home purchase loans, the list changes slightly and new names surface.

PennyMac was the #1 home purchase lender in Georgia with $3.5 billion financed, followed by Rocket Mortgage with $2.6 billion.

Ameris Bank took the third spot with $2.4 billion, which means home purchase loans make up about 60% of their total mortgage business.

In fourth place was UWM with $2.3 billion, followed by Gainesville, GA-direct lender Homestar Financial with $2.2 billion in origination.

Others in the top 10 include Truest Financial, fairway independentWells Fargo, Newerz and AmeriHome.

Top Refinance Lenders in Georgia (For Existing Homeowners)

grade name of the company 2021 loan amount
1. rocket hostage $9.5 billion
2. liberty mortgage $3.3 billion
3. pennymac $3.1 billion
4. Wells Fargo $3.1 billion
5. uwm $2.4 billion
6. truest $2.2 billion
7. loandepot $2.2 billion
8. mr cooper $2.0 billion
9. neurez $2.0 billion
10. better mortgage $1.8 billion

Now let’s talk about the largest refinance lenders in Georgia. As expected, Rocket Mortgage absolutely dominated with $9.5 billion in funding.

That was nearly triple the $3.3 billion of Freedom Mortgage, a second-place finish, a testament to how active they are in the state.

In third place was PennyMac with $3.1 billion, followed by Wells Fargo with funding of almost the same amount.

In fifth was UWM with $2.4 billion, a strong performance because they only work with mortgage brokers through the wholesale channel.

Truist Financial among the rest of the top 10, loandepot, mr cooper, neurezand struggling lenders better mortgage,

Top Mortgage Lenders in Atlanta

grade name of the company 2021 loan amount
1. rocket hostage $8.7 billion
2. pennymac $4.2 billion
3. Wells Fargo $4.0 billion
4. uwm $3.7 billion
5. truest $3.7 billion
6. Ameris Bank $3.1 billion
7. neurez $3.1 billion
8. amerihome mortgage $2.6 billion
9. liberty mortgage $2.4 billion
10. loandepot $2.4 billion

Who Are The Best Mortgage Lenders In Georgia?

I usually turn to Zillow and check customer reviews to determine which mortgage companies are performing best in a particular state.

I got this for Georgia. atlanta based amerisave It has a rating of 4.68/5 based on over 2,400 reviews. Not the best rating, but the most reviews ever.

then there’s atlanta silverton mortgagewhich has a decent 4.94/5 rating from nearly 1,200 reviews.

Even better is Ameris Bank’s 4.95/5 rating from nearly 900 customer reviews and fellow Atlanta lender First Option Mortgage’s 4.97/5 rating from nearly 1,000 reviews.

Honorable mention goes to Capital City Home Loans and its 4.96/5 score from 300 reviews.

For larger, national brands, Rocket has 4.48/5, PennyMac has 4.4/5 and Wells Fargo has 4.95/5.

So it appears that there are plenty of solid options, whether you use a local, Georgia-based mortgage lender or a national brand.

Be sure to do some local checking too mortgage broker to see what they can offer.

(Photo: sailn1,

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