It’s time to take a look at the highest mortgage lenders in Georgia based mostly on their 2024 house lending quantity.
These mortgage firms outranked about 960 different lenders within the state to take the highest honors.
Total, about $60 billion in house loans was funded in The Peach State final 12 months, making it one of many greater states volume-wise nationwide.
And taking the #1 spot was United Wholesale Mortgage (UWM), additionally the nation’s largest mortgage lender.
Learn on to see which different firms ranked within the high 10.
High Mortgage Lenders in Georgia (Total)
| Rating | Firm Identify | 2024 Mortgage Quantity |
| 1. | UWM | $4.9 billion |
| 2. | Rocket Mortgage | $4.4 billion |
| 3. | Ameris Financial institution | $2.0 billion |
| 4. | Fairway Unbiased | $1.3 billion |
| 5. | Veterans United | $1.2 billion |
| 6. | DHI Mortgage | $1.1 billion |
| 7. | New American | $1.1 billion |
| 8. | Freedom Mortgage | $1.1 billion |
| 9. | Pennymac | $1.1 billion |
| 10. | Truist | $1.0 billion |
Whereas the state of Georgia is among the heavier hitters for mortgage lending, their quantity has come down quite a bit.
For comparability, $160 billion was funded in 2021 when mortgage charges hit report lows.
Regardless of that, Pontiac, Michigan-based UWM, which occurs to be the highest mortgage lender nationally, led the best way with $4.9 billion funded.
It beat out crosstown rival Detroit-based Rocket Mortgage, which originated a comparatively shut $4.4 billion in house loans in Georgia final 12 months.
That was greater than double their nearest competitor, Atlanta-based Ameris Financial institution, per HMDA information from advisory firm Richey Might.
It then dropped off fairly considerably, with the seven different lenders within the high ten solely funding about $1 billion every.
One attention-grabbing addition to the top-10 record was DHI Mortgage, the captive lender of high house builder D.R. Horton.
The builders have been gaining market share lately as a result of they provide large price buydowns and have the stock (with current provide now so low).
High Mortgage Lenders in Georgia (for Dwelling Consumers)
| Rating | Firm Identify | 2024 Mortgage Quantity |
| 1. | UWM | $3.2 billion |
| 2. | Rocket Mortgage | $2.2 billion |
| 3. | Ameris Financial institution | $1.8 billion |
| 4. | Fairway Unbiased | $1.2 billion |
| 5. | DHI Mortgage | $1.1 billion |
| 6. | Veterans United | $1.0 billion |
| 7. | New American | $889 million |
| 8. | Motion Mortgage | $854 million |
| 9. | BankSouth Mortgage | $778 million |
| 10. | Guild Mortgage | $775 million |
If we contemplate solely house buy lending, the record adjustments fairly a bit and new names floor. Although as a result of refinancing has fallen off a cliff, it wasn’t an excessive amount of totally different.
UWM was additionally the #1 house buy lender in Georgia with $3.2 billion funded, adopted by Rocket Mortgage with $2.2 billion.
Ameris Financial institution took third with $1.8 billion, and sure, Fairway Unbiased took fourth. No surprises there.
In fifth was DHI Mortgage, adopted by Veterans United and New American, then we obtained three new names.
These included Motion Mortgage, Atlanta-based BankSouth Mortgage, and Guild Mortgage.
High Refinance Lenders in Georgia (for Current Householders)
| Rating | Firm Identify | 2024 Mortgage Quantity |
| 1. | Rocket Mortgage | $2.1 billion |
| 2. | UWM | $1.6 billion |
| 3. | Freedom Mortgage | $741 million |
| 4. | Pennymac | $443 million |
| 5. | loanDepot | $330 million |
| 6. | Village Capital | $265 million |
| 7. | Mr. Cooper | $260 million |
| 8. | Truist | $233 million |
| 9. | Newrez | $227 million |
| 10. | Veterans United | $204 million |
Now let’s speak concerning the largest refinance lenders in Georgia.
As anticipated, Rocket Mortgage completely dominated with $2.1 billion funded. They all the time have a tendency to steer on this class.
That was about 30% greater than second place UWM, a testomony to how lively they’re within the state.
In third was Freedom Mortgage with $741 million, with Pennymac a extra distant fourth with $443 million funded.
In fifth was loanDepot, then streamline refinance specialist Village Capital, soon-to-be acquired Mr. Cooper, Truist, Newrez, and final however not least Veterans United.
High Mortgage Lenders in Atlanta
| Rating | Firm Identify | 2024 Mortgage Quantity |
| 1. | UWM | $3.5 billion |
| 2. | Rocket Mortgage | $2.9 billion |
| 3. | Ameris Financial institution | $1.5 billion |
| 4. | Fairway Unbiased | $869 million |
| 5. | Truist | $831 million |
| 6. | DHI Mortgage | $736 million |
| 7. | Chase | $668 million |
| 8. | Pennymac | $667 million |
| 9. | Freedom Mortgage | $660 million |
| 10. | loanDepot | $628 million |
High Mortgage Lenders in Augusta
| Rating | Firm Identify | 2024 Mortgage Quantity |
| 1. | Rocket Mortgage | $122 million |
| 2. | Centerstate Financial institution | $110 million |
| 3. | Veterans United | $100 million |
| 4. | UWM | $99 million |
| 5. | Guild Mortgage | $97 million |
| 6. | Queensborough Nationwide | $82 million |
| 7. | Motion Mortgage | $66 million |
| 8. | Freedom Mortgage | $56 million |
| 9. | Navy Federal | $53 million |
| 10. | Augusta Mortgage Co. | $46 million |
High Mortgage Lenders in Savannah
| Rating | Firm Identify | 2024 Mortgage Quantity |
| 1. | UWM | $227 million |
| 2. | Rocket Mortgage | $201 million |
| 3. | New American | $197 million |
| 4. | DHI Mortgage | $112 million |
| 5. | Veterans United | $110 million |
| 6. | Pennymac | $108 million |
| 7. | Motion Mortgage | $71 million |
| 8. | Guild Mortgage | $62 million |
| 9. | Pulte Mortgage | $58 million |
| 10. | Centerstate Financial institution | $57 million |
Who Are Georgia’s Greatest Mortgage Lenders?
I usually head over to Zillow and test buyer critiques to find out which mortgage firms are faring finest in a selected state.
Right here’s what I discovered for Georgia. Atlanta-based AmeriSave has a 4.66/5 score from over 2,400 critiques. Not one of the best score, however essentially the most critiques by far.
Then there’s Atlanta’s Silverton Mortgage, which has a superior 4.94/5 score from about 1,300 critiques.
Even higher is Ameris Financial institution’s 4.96/5 score from almost 1,200 buyer critiques, and fellow Atlanta lender First Possibility Mortgage’s 4.97/5 from about 1,000 critiques.
Honorable point out goes to Capital Metropolis Dwelling Loans and its 4.95/5 rating from 300 critiques.
As for the massive, nationwide manufacturers, Rocket has a 4.48/5, Pennymac a 4.4/5, and Wells Fargo a 4.95/5.
So it seems there are many stable choices, whether or not you utilize a neighborhood, Georgia-based mortgage lender or a nationwide model.
Additionally remember to try some native mortgage brokers to see what they will provide.
(picture: sailn1)
Earlier than creating this web site, I labored as an account govt for a wholesale mortgage lender in Los Angeles. My hands-on expertise within the early 2000s impressed me to start writing about mortgages 19 years in the past to assist potential (and current) house consumers higher navigate the house mortgage course of. Comply with me on X for warm takes.
