Top 100 Cash-Out Refinance Lenders of 2025
In 2025, 3,513 lenders made 953,349 cash-out refinance loans worth $265.9 billion, according to Home Mortgage Disclosure Act (HMDA) data. The 10 largest made 24% of them. United Wholesale Mortgage tops this ranking with 73,232 cash-out refinance loans ($21.1 billion).
The 100 largest cash-out refinance lenders, 2025
Ranked by the number of cash-out refinance loans each lender made (originated) in 2025, nationwide. Click a column to re-sort, for example by loan volume; click a lender for its full HMDA history.
| # | Lender | Based in | Loans made | Loan volume | Avg. loan | Market share | Denial rate |
|---|---|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | Plymouth, MI | 73,232 | $21.1B | $288,000 | 7.7% | 25.0% |
| 2 | Newrez LLC | Fort Washington, PA | 24,756 | $4.7B | $190,000 | 2.6% | 51.2% |
| 3 | Amerisave Mortgage Company | Sandy Springs, GA | 23,252 | $3.2B | $138,000 | 2.4% | 69.7% |
| 4 | loanDepot.com LLC | Irvine, CA | 23,081 | $5.6B | $242,000 | 2.4% | 33.3% |
| 5 | Freedom Mortgage Corporation | Boca Raton, FL | 19,839 | $5.7B | $286,000 | 2.1% | 31.0% |
| 6 | PennyMac Loan Services LLC | Westlake Village, CA | 19,790 | $5.3B | $269,000 | 2.1% | 28.0% |
| 7 | Nationstar Mortgage | Coppell, TX | 13,738 | $3.3B | $243,000 | 1.4% | 22.6% |
| 8 | JPMorgan Chase Bank, NA | Columbus, OH | 13,330 | $11.4B | $853,000 | 1.4% | 19.8% |
| 9 | Carrington Mortgage Services LLC | Orange, CA | 11,304 | $2.2B | $191,000 | 1.2% | 56.8% |
| 10 | Navy Federal Credit Union | Vienna, VA | 9,749 | $2.2B | $230,000 | 1.0% | 32.5% |
| 11 | Goodleap, LLC | Roseville, CA | 9,243 | $1.4B | $147,000 | 1.0% | 26.8% |
| 12 | US Bank, N.A. | Cincinnati, OH | 9,145 | $2.2B | $238,000 | 1.0% | 27.8% |
| 13 | Huntington National Bank | Columbus, OH | 8,678 | $1.9B | $215,000 | 0.9% | 21.1% |
| 14 | Wells Fargo Bank NA | Minneapolis, MN | 8,233 | $2.2B | $263,000 | 0.9% | 31.7% |
| 15 | Crosscountry Mortgage, LLC | Cleveland, OH | 8,132 | $3.1B | $378,000 | 0.9% | 8.7% |
| 16 | New American Funding, Llc. | Tustin, CA | 7,925 | $2.0B | $256,000 | 0.8% | 35.6% |
| 17 | Guild Mortgage Company | San Diego, CA | 7,904 | $1.9B | $234,000 | 0.8% | 10.9% |
| 18 | Mutual of Omaha Mortgage | Lombard, IL | 6,457 | $1.9B | $290,000 | 0.7% | 36.6% |
| 19 | Randolph-Brooks Federal Credit Union | Universal City, TX | 5,685 | $625.6M | $110,000 | 0.6% | 15.2% |
| 20 | New Day Financial, Llc. | West Palm Beach, FL | 5,649 | $1.6B | $283,000 | 0.6% | 62.1% |
| 21 | Guaranteed Rate, Inc. | Chicago, IL | 5,319 | $2.1B | $394,000 | 0.6% | 22.5% |
| 22 | Amwest Funding Corp | Brea, CA | 5,201 | $2.1B | $405,000 | 0.5% | 10.5% |
| 23 | CMG Mortgage Inc | San Ramon, IL | 5,085 | $2.3B | $461,000 | 0.5% | 10.1% |
| 24 | BMO Harris Bank NA | Chicago, IL | 4,775 | $1.1B | $230,000 | 0.5% | 33.4% |
| 25 | The Loan Store, Inc | Tucson, AZ | 4,624 | $1.8B | $388,000 | 0.5% | 10.7% |
| 26 | Ocmbc, Inc. | Irvine, CA | 4,573 | $1.6B | $357,000 | 0.5% | 14.8% |
| 27 | Champions Funding, LLC | Gilbert, AZ | 4,382 | $1.8B | $412,000 | 0.5% | 28.7% |
| 28 | Movement Mortgage, LLC | Indian Land, SC | 4,378 | $1.6B | $369,000 | 0.5% | 5.4% |
| 29 | Equity Prime Mortgage LLC | Atlanta, GA | 4,268 | $1.3B | $304,000 | 0.4% | 26.6% |
| 30 | Homexpress Mortgage Corp. | Santa Ana, CA | 4,130 | $1.5B | $370,000 | 0.4% | 43.8% |
| 31 | Quorum Federal Credit Union | Purchase, NY | 4,129 | $749.1M | $181,000 | 0.4% | 35.8% |
| 32 | Schoolsfirst FCU | Tustin, CA | 4,071 | $924.5M | $227,000 | 0.4% | 10.7% |
| 33 | Mortgage Research Center | Columbia, MO | 3,976 | $1.3B | $329,000 | 0.4% | 77.8% |
| 34 | Sofi Bank, National Association | Frisco, TX | 3,904 | $788.9M | $202,000 | 0.4% | 22.1% |
| 35 | The Federal Savings Bank | Chicago, IL | 3,838 | $1.4B | $374,000 | 0.4% | 24.3% |
| 36 | Advantagefirst Lending Inc | Lake Forest, CA | 3,834 | $1.2B | $326,000 | 0.4% | 34.6% |
| 37 | Police and Fire Federal Credit Union | Philadelphia, PA | 3,787 | $440.3M | $116,000 | 0.4% | 42.1% |
| 38 | Velocity Commercial Capital LLC | Westlake Village, CA | 3,637 | $1.0B | $285,000 | 0.4% | 1.1% |
| 39 | Spring Eq, LLC | Conshohocken, PA | 3,596 | $542.1M | $151,000 | 0.4% | 56.6% |
| 40 | Lakeview Loan Servicing, LLC | Coral Gables, FL | 3,459 | $908.1M | $263,000 | 0.4% | 64.5% |
| 41 | Bpl Mortgage, LLC | Oakbrook Terrace, IL | 3,457 | $657.9M | $190,000 | 0.4% | 13.5% |
| 42 | American Financing Corporation | Aurora, CO | 3,294 | $830.1M | $252,000 | 0.3% | 62.0% |
| 43 | A&D Mortgage LLC | Ft. Lauderdale, FL | 3,207 | $1.1B | $341,000 | 0.3% | 19.5% |
| 44 | Hometown Equity Mortgage, LLC | Lake Forest, CA | 3,206 | $1.4B | $424,000 | 0.3% | 48.0% |
| 45 | Reliance First Capital, LLC | Melville, NY | 3,196 | $731.7M | $229,000 | 0.3% | 4.6% |
| 46 | Fairway Independent Mort Corp | Madison, WI | 3,123 | $1.0B | $327,000 | 0.3% | 17.1% |
| 47 | State Employees' Credit Union | Raleigh, NC | 2,974 | $739.6M | $249,000 | 0.3% | 36.6% |
| 48 | Kind Lending, LLC | Irvine, CA | 2,936 | $1.1B | $373,000 | 0.3% | 37.9% |
| 49 | Lower, LLC | Columbia, MD | 2,896 | $815.5M | $282,000 | 0.3% | 33.0% |
| 50 | Loan Funder LLC | New York, NY | 2,780 | $897.5M | $323,000 | 0.3% | 21.0% |
| 51 | Plaza Home Mortgage, Inc | San Diego, CA | 2,751 | $825.2M | $300,000 | 0.3% | 38.8% |
| 52 | Angel Oak Mortgage Solutions LLC | Atlanta, GA | 2,715 | $1.1B | $394,000 | 0.3% | 22.5% |
| 53 | PHH Mortgage Corporation | West Palm Beach, FL | 2,658 | $679.4M | $256,000 | 0.3% | 20.0% |
| 54 | Coastal Community Bank | Everett, WA | 2,580 | $322.5M | $125,000 | 0.3% | 1.4% |
| 55 | Credit Union of Texas | Allen, TX | 2,531 | $340.2M | $134,000 | 0.3% | 32.4% |
| 56 | Citadel Servicing Corporation | Irvine, CA | 2,516 | $1.2B | $489,000 | 0.3% | 5.0% |
| 57 | Rf Renovo Management Company, LLC | Chicago, IL | 2,511 | $1.3B | $523,000 | 0.3% | 0.2% |
| 58 | Nexera Holding LLC | Emeryville, CA | 2,386 | $875.6M | $367,000 | 0.3% | 16.9% |
| 59 | Sun West Mortgage Company, Inc | Cerritos, CA | 2,347 | $767.2M | $327,000 | 0.2% | 23.7% |
| 60 | American Financial Network, Inc. | Brea, CA | 2,250 | $808.0M | $359,000 | 0.2% | 19.9% |
| 61 | Idaho Central Credit Union | Chubbuck, ID | 2,151 | $305.4M | $142,000 | 0.2% | 31.3% |
| 62 | Truist Bank | Raleigh, NC | 2,105 | $501.2M | $238,000 | 0.2% | 21.7% |
| 63 | Union Home Mortgage Corp. | Strongsville, OH | 2,050 | $571.4M | $279,000 | 0.2% | 10.7% |
| 64 | American Pacific Mortgage Corporation | Roseville, CA | 2,048 | $645.2M | $315,000 | 0.2% | 23.4% |
| 65 | Change Lending | Anaheim, CA | 2,032 | $1.2B | $598,000 | 0.2% | 24.3% |
| 66 | Bank of America NA | Westlake Village, CA | 1,926 | $1.2B | $641,000 | 0.2% | 24.2% |
| 67 | Flagstar Bank NA | Troy, MI | 1,884 | $455.1M | $242,000 | 0.2% | 38.2% |
| 68 | American Heritage Lending, LLC | Irvine, CA | 1,861 | $556.0M | $299,000 | 0.2% | 11.7% |
| 69 | Fifth Third Bank, National Association | Cincinnati, OH | 1,764 | $402.4M | $228,000 | 0.2% | 31.3% |
| 70 | Liberty Federal Credit Union | Louisville, KY | 1,700 | $262.9M | $155,000 | 0.2% | 10.6% |
| 71 | Deephaven Mortgage LLC | Charlotte, NC | 1,635 | $655.2M | $401,000 | 0.2% | 36.4% |
| 72 | Top Flite Financial, Inc. | Williamston, MI | 1,607 | $369.2M | $230,000 | 0.2% | 14.5% |
| 73 | M&T Bank | Buffalo, NY | 1,510 | $454.6M | $301,000 | 0.2% | 29.0% |
| 74 | Better Mortgage Corporation | New York, NY | 1,506 | $395.2M | $262,000 | 0.2% | 49.7% |
| 75 | Paramount Residential Mortgage | Corona, CA | 1,487 | $549.7M | $370,000 | 0.2% | 8.7% |
| 76 | First Financial Bank | Cincinnati, OH | 1,469 | $242.2M | $165,000 | 0.2% | 23.1% |
| 77 | Citizens Bank, NA | Providence, RI | 1,425 | $564.8M | $396,000 | 0.1% | 25.5% |
| 78 | Space Coast Credit Union | Melbourne, FL | 1,347 | $216.5M | $161,000 | 0.1% | 30.0% |
| 79 | Greenstate Credit Union | North Liberty, IA | 1,308 | $222.2M | $170,000 | 0.1% | 12.9% |
| 80 | Regions Bank | Birmingham, AL | 1,295 | $409.5M | $316,000 | 0.1% | 35.5% |
| 81 | Everett Financial, Inc. | Dallas, TX | 1,292 | $394.0M | $305,000 | 0.1% | 15.5% |
| 82 | Keybank National Association | Cleveland, OH | 1,290 | $303.1M | $235,000 | 0.1% | 40.4% |
| 83 | Cake Mortgage Corp. | Chatsworth, CA | 1,253 | $883.1M | $705,000 | 0.1% | 8.5% |
| 84 | Consumers Credit Union | Gurnee, IL | 1,226 | $156.4M | $128,000 | 0.1% | 11.6% |
| 85 | Elevations Credit Union | Boulder, CO | 1,221 | $206.2M | $169,000 | 0.1% | 19.8% |
| 86 | Emporium Tpo LLC | Frisco, TX | 1,204 | $569.9M | $473,000 | 0.1% | 9.4% |
| 87 | The Golden 1 Credit Union | Sacramento, CA | 1,198 | $369.5M | $308,000 | 0.1% | 36.4% |
| 88 | Planet Home Lending, LLC | Meriden, CT | 1,189 | $312.5M | $263,000 | 0.1% | 34.3% |
| 89 | Prosperity Home Mortgage, LLC | Chantilly, VA | 1,178 | $359.5M | $305,000 | 0.1% | 30.0% |
| 90 | Cardinal Financial Company, Li | Charlotte, NC | 1,174 | $323.2M | $275,000 | 0.1% | 16.7% |
| 91 | Investor Mortgage Finance LLC | Austin, TX | 1,171 | $346.1M | $296,000 | 0.1% | 28.9% |
| 92 | PNC Bank N.A. | Pittsburgh, PA | 1,165 | $371.4M | $319,000 | 0.1% | 27.8% |
| 93 | Magnolia Bank | Hodgenville, KY | 1,125 | $385.4M | $343,000 | 0.1% | 16.3% |
| 94 | Kinecta Federal Credit Union | Manhattan Beach, CA | 1,103 | $231.4M | $210,000 | 0.1% | 9.2% |
| 95 | Lendingone LLC | Boca Raton, FL | 1,073 | $556.6M | $519,000 | 0.1% | 55.4% |
| 96 | Nations Lending Corporation | Independence, OH | 1,071 | $260.7M | $243,000 | 0.1% | 17.3% |
| 97 | USAA Federal Savings Bank | San Antonio, TX | 1,064 | $328.1M | $308,000 | 0.1% | 47.0% |
| 98 | American Financial Resources LLC | Parsippany, NJ | 1,060 | $304.5M | $287,000 | 0.1% | 10.3% |
| 99 | American Neighborhood Mortgage Acceptance Company | Mt. Laurel, NJ | 1,053 | $354.9M | $337,000 | 0.1% | 2.0% |
| 100 | Credit Union of Colorado, A Federal Credit Union | Denver, CO | 1,041 | $140.2M | $135,000 | 0.1% | 22.3% |
Get the numbers for every lender, not just the top 100
The U.S. mortgage lender list has all 17,667 lenders that have reported HMDA data since 2003, with addresses, phone numbers and each lender's applications and dollar volume every year through 2025. The 2025 detail file breaks every lender's business down by loan type (conventional, FHA, VA, USDA), loan purpose, outcome and denial reason. Excel or CSV: $498 for 2025, $998 for 2003–2025.
See what's in the U.S. lender list Lender lists by stateHow this ranking works
- Source: the loan records lenders filed for 2025 under the Home Mortgage Disclosure Act, published by the FFIEC and the CFPB in 2026, totaled by lender.
- Lenders are ranked by loans made, the number of loans they originated; loan volume is those loans' total amount. Loans a lender bought from other lenders are not counted, so each loan counts once, for the lender that made it.
- Market share is the lender's share of all 953,349 cash-out refinance loans made in the U.S. in 2025.
- Denial rate is applications the lender denied, divided by applications it approved or denied.
- Lenders are listed under the name and city on their HMDA filing. Lenders that have asked not to appear on AllMortgageDetail are left out of the ranking.
More lender rankings
- Top Mortgage lenders of 2025
- Top Home Purchase lenders of 2025
- Top Refinance lenders of 2025
- Top FHA lenders of 2025
- Top VA lenders of 2025
- Top USDA lenders of 2025
Top mortgage lenders by state
The lenders that made the most home loans in each state, with the top FHA, VA, purchase and refinance lenders there:
Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
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