Lenders › United Wholesale Mortgage
United Wholesale Mortgage
HMDA reporter, headquartered in Pontiac, Michigan. Record for calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Figures are from the 2024 public HMDA loan/application register; cells under 25 applications are withheld.
United Wholesale Mortgage reported 491,645 mortgage applications under the Home Mortgage Disclosure Act for 2024 in 51 states, of which 366,078 became loans it originated, for $140bn in total.
Its denial rate, the share of decided applications the lender denied, was 13.4%, below the national rate of 24.3% and below the California rate of 24.8%. 46,939 applications were withdrawn by the applicant and 13,176 files were closed for incompleteness; those are not counted in the denial rate.
The median rate spread on its originated loans, the difference between the loan's APR and the average prime offer rate, was 0.2 percentage points (national median 0.3); 5.8% of its originations had a spread of 1.5 points or more.
By loan purpose the originations were mostly home purchase (67%) and refinancing (16%); by loan type, conventional (65%) and FHA (20%).
The largest volumes were in California (55,408 originations), Florida (47,648 originations) and Texas (34,808 originations).
Applications were up 25% on 2023.
VA lender statistics list 5,950 VA-guaranteed loans for the lender in August 2026.
Compared with California and the nation
| Measure | This lender | California, all lenders | United States |
|---|---|---|---|
| Denial rate (denied ÷ decided applications) | 13.4% | 24.8% | 24.3% |
| Median rate spread, percentage points | 0.2 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 5.8% | 19.9% | 15.6% |
| Average originated loan | $382k | $566k | $329k |
| Home purchase share of originations | 67.0% | 51.2% | 57.0% |
| FHA-insured share of originations | 20.3% | 11.4% | 13.4% |
| VA-guaranteed share of originations | 14.6% | 4.8% | 7.9% |
| Applications withdrawn by applicant | 9.5% | 15.4% | 14.3% |
California is the lender's largest state by applications. State and national columns cover every HMDA reporter. Rate spread is reported on originated loans only.
Trend by year
ApplicationsOriginations
This lenderCaliforniaUnited States
| Year | Applications | Originations | Amount | Denial rate | Median spread | LAR records |
|---|---|---|---|---|---|---|
| 2018 | — | — | — | — | — | 182,642 |
| 2019 | — | — | — | — | — | 410,835 |
| 2020 | — | — | — | — | — | 689,666 |
| 2021 | — | — | — | — | — | 803,496 |
| 2022 | 458,704 | 348,415 | $128bn | 11.9% | 0.2 | 462,351 |
| 2023 | 393,116 | 294,387 | $108bn | 13.2% | 0.2 | 394,401 |
| 2024 | 491,645 | 366,078 | $140bn | 13.4% | 0.2 | 493,978 |
Applications, originations and rates are computed from the public LAR for 2022, 2023, 2024; LAR record counts come from each year's transmittal sheet.
Loan purpose and loan type
By purpose
Home purchase 67% (245,315)Refinancing 16% (60,394)Cash-out refinancing 16% (60,369)
By type
Conventional 65% (237,163)FHA 20% (74,402)VA 15% (53,385)USDA 0% (1,128)
| Loan type | Applications | Originations | Denied | Denial rate (of applications) |
|---|---|---|---|---|
| Conventional | 310,833 | 237,163 | 34,449 | 11.1% |
| FHA-insured | 108,560 | 74,402 | 18,484 | 17.0% |
| VA-guaranteed | 70,736 | 53,385 | 4,586 | 6.5% |
| USDA Rural Housing Service or Farm Service Agency guaranteed | 1,516 | 1,128 | 241 | 15.9% |
Shares are of originated loans. The per-type denial rate here divides denials by all applications of that type, because decided counts are not kept per type.
Action taken
| HMDA action taken | Records | Share |
|---|---|---|
| 1 Loan originated | 366,078 | 74.1% |
| 2 Application approved but not accepted | 7,692 | 1.6% |
| 3 Application denied | 57,760 | 11.7% |
| 4 Application withdrawn by applicant | 46,939 | 9.5% |
| 5 File closed for incompleteness | 13,176 | 2.7% |
| 6 Purchased loan | 2,333 | 0.5% |
| 7 Preapproval request denied | 0 | 0.0% |
| 8 Preapproval request approved but not accepted | 0 | 0.0% |
Codes and labels are the HMDA action-taken codes. Applications are codes 1–5; the denial rate divides code 3 by codes 1–3.
Denial reasons as coded
Share of the lender's 57,760 denials by the first denial reason it coded (outlined bar: all lenders nationally). Lenders may record up to four reasons; only the first is counted here.
States
| State | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|
| California | 76,071 | 55,408 | $29bn | 14.2% | 0.2 |
| Florida | 68,016 | 47,648 | $17bn | 18.0% | 0.3 |
| Texas | 46,252 | 34,808 | $13bn | 12.2% | 0.1 |
| Michigan | 23,815 | 18,328 | $4.5bn | 12.6% | 0.4 |
| Arizona | 22,729 | 17,642 | $6.8bn | 11.2% | 0.1 |
| Colorado | 20,126 | 15,733 | $7.3bn | 10.2% | -0.0 |
| Georgia | 20,074 | 14,486 | $4.9bn | 14.7% | 0.1 |
| New York | 14,594 | 10,994 | $5.1bn | 13.4% | 0.2 |
| North Carolina | 13,870 | 10,318 | $3.5bn | 12.0% | 0.0 |
| Illinois | 12,092 | 8,956 | $2.7bn | 14.3% | 0.4 |
| Washington | 11,159 | 8,744 | $4.2bn | 10.4% | 0.0 |
| Utah | 10,778 | 8,571 | $3.9bn | 9.3% | 0.1 |
| Ohio | 10,591 | 7,840 | $1.9bn | 13.8% | 0.3 |
| Virginia | 10,563 | 7,798 | $3.0bn | 12.4% | -0.0 |
| Pennsylvania | 10,519 | 7,776 | $2.1bn | 13.7% | 0.2 |
| Tennessee | 10,027 | 7,495 | $2.6bn | 12.6% | 0.1 |
| New Jersey | 8,798 | 6,114 | $2.8bn | 16.4% | 0.2 |
| South Carolina | 7,278 | 5,332 | $1.7bn | 13.6% | 0.1 |
| Minnesota | 7,042 | 5,603 | $1.7bn | 10.3% | 0.2 |
| Maryland | 7,036 | 4,992 | $1.9bn | 16.3% | 0.1 |
| Nevada | 6,495 | 4,935 | $1.9bn | 12.8% | 0.2 |
| Indiana | 6,134 | 4,699 | $1.2bn | 12.0% | 0.3 |
| Alabama | 6,028 | 4,568 | $1.2bn | 11.7% | 0.1 |
| Kentucky | 5,893 | 4,643 | $1.1bn | 10.0% | 0.3 |
| Missouri | 5,556 | 4,397 | $1.2bn | 9.4% | 0.3 |
| Oregon | 5,474 | 4,231 | $1.8bn | 10.9% | 0.1 |
| Louisiana | 4,998 | 3,766 | $918m | 13.0% | 0.3 |
| Massachusetts | 4,975 | 3,842 | $1.8bn | 12.6% | 0.3 |
| Connecticut | 3,689 | 2,711 | $913m | 15.4% | 0.3 |
| Idaho | 3,436 | 2,712 | $1.0bn | 10.4% | -0.0 |
| Wisconsin | 3,263 | 2,491 | $687m | 11.8% | 0.2 |
| Oklahoma | 2,966 | 2,067 | $532m | 15.3% | 0.2 |
| New Mexico | 2,533 | 1,922 | $607m | 11.0% | 0.1 |
| Maine | 2,049 | 1,690 | $576m | 7.5% | 0.4 |
| New Hampshire | 1,808 | 1,476 | $591m | 9.0% | 0.3 |
| Hawaii | 1,783 | 1,315 | $895m | 13.5% | -0.2 |
| Kansas | 1,724 | 1,315 | $355m | 12.0% | 0.2 |
| Arkansas | 1,531 | 1,123 | $310m | 13.1% | 0.0 |
| Mississippi | 1,382 | 998 | $252m | 14.8% | 0.2 |
| Montana | 1,321 | 1,044 | $398m | 9.7% | 0.1 |
| Iowa | 1,177 | 906 | $210m | 10.5% | 0.2 |
| Nebraska | 1,048 | 837 | $245m | 10.0% | 0.2 |
| Delaware | 894 | 667 | $229m | 12.6% | 0.1 |
| Wyoming | 827 | 657 | $208m | 10.3% | 0.1 |
| West Virginia | 754 | 572 | $139m | 10.1% | 0.3 |
| Rhode Island | 616 | 456 | $175m | 14.6% | 0.2 |
| North Dakota | 589 | 508 | $144m | 5.7% | 0.2 |
| Alaska | 472 | 340 | $138m | 11.2% | -0.1 |
| South Dakota | 413 | 334 | $110m | 10.1% | 0.1 |
| District of Columbia | 261 | 175 | $98m | 17.6% | 0.1 |
| Vermont | 126 | 95 | $37m | 8.6% | 0.2 |
States with at least 25 applications. States with 100 or more link to the lender's page for that state.
Counties
| County | State | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|---|
| Maricopa County | AZ | 15,364 | 11,985 | $5.0bn | 11.1% |
| Los Angeles County | CA | 12,731 | 8,810 | $5.3bn | 17.6% |
| San Diego County | CA | 9,162 | 6,661 | $4.4bn | 13.3% |
| Riverside County | CA | 8,384 | 6,085 | $2.8bn | 14.0% |
| Harris County | TX | 7,833 | 5,740 | $1.9bn | 14.1% |
| Miami-Dade County | FL | 7,812 | 5,044 | $2.3bn | 24.8% |
| Broward County | FL | 7,333 | 4,825 | $2.0bn | 23.1% |
| Wayne County | MI | 6,219 | 4,597 | $916m | 15.5% |
| San Bernardino County | CA | 5,968 | 4,267 | $1.8bn | 16.3% |
| Sacramento County | CA | 5,310 | 3,996 | $1.7bn | 11.7% |
| Cook County | IL | 5,576 | 3,971 | $1.2bn | 16.4% |
| Oakland County | MI | 4,840 | 3,875 | $1.2bn | 9.3% |
| Clark County | NV | 5,080 | 3,803 | $1.4bn | 14.0% |
| Orange County | CA | 5,096 | 3,702 | $2.6bn | 14.3% |
| Hillsborough County | FL | 4,390 | 3,143 | $1.2bn | 15.6% |
| Macomb County | MI | 4,003 | 3,102 | $725m | 13.1% |
| Palm Beach County | FL | 4,402 | 3,051 | $1.2bn | 19.0% |
| Salt Lake County | UT | 3,631 | 2,877 | $1.4bn | 9.3% |
| El Paso County | CO | 3,487 | 2,816 | $1.3bn | 7.2% |
| Orange County | FL | 3,834 | 2,669 | $981m | 18.5% |
| Collin County | TX | 3,362 | 2,617 | $1.3bn | 9.9% |
| Tarrant County | TX | 3,405 | 2,605 | $898m | 12.1% |
| Lee County | FL | 3,285 | 2,317 | $795m | 18.6% |
| Dallas County | TX | 3,183 | 2,311 | $845m | 15.0% |
| Duval County | FL | 3,149 | 2,296 | $680m | 13.6% |
| Denton County | TX | 2,606 | 2,034 | $963m | 9.4% |
| Polk County | FL | 2,860 | 2,002 | $576m | 18.1% |
| Utah County | UT | 2,386 | 1,922 | $920m | 8.4% |
| Fort Bend County | TX | 2,470 | 1,848 | $720m | 12.7% |
| Arapahoe County | CO | 2,370 | 1,836 | $827m | 12.1% |
Up to 30 counties with at least 50 applications, by originations.
VA-guaranteed loans by month
All VA loansPurchase
| Month | All | Purchase | Cash-out | IRRRL |
|---|---|---|---|---|
| Aug 2026 | 5,950 | 2,776 | 1,721 | 1,453 |
| Jul 2026 | 8,017 | 3,426 | 1,841 | 2,750 |
| Jun 2026 | 7,827 | 3,070 | 1,533 | 3,224 |
| May 2026 | 10,109 | 2,852 | 1,629 | 5,628 |
| Apr 2026 | 8,807 | 1,947 | 1,312 | 5,548 |
| Mar 2026 | 9,545 | 2,187 | 1,374 | 5,984 |
| Feb 2026 | 7,106 | 1,396 | 1,075 | 4,635 |
| Jan 2026 | 7,284 | 1,802 | 1,101 | 4,381 |
| Dec 2025 | 10,290 | 1,774 | 1,376 | 7,140 |
| Nov 2025 | 9,426 | 1,708 | 1,378 | 6,340 |
| Oct 2025 | 10,725 | 2,566 | 1,617 | 6,542 |
| Sep 2025 | 4,621 | 1,965 | 1,263 | 1,393 |
Fiscal-year totals (VA): FY2018 2,336,383,397 · FY2019 8,296,949,101 · FY2020 17,843,503,106 · FY2021 15,769,993,223 · FY2022 18,037,796,057 · FY2023 12,832,121,504 · FY2024 15,589,681,827 · FY2025 25,334,868,130. Matched to the VA lender name "UNITED WHOLESALE MORTGAGE, LLC"; VA counts loans by guarantee date, HMDA by application year, so the two series differ.
Questions and answers
How many mortgages did United Wholesale Mortgage originate in 2024?
366,078 loans totalling $140bn, from 491,645 applications reported under HMDA. It also purchased 2,333 loans from other institutions, which are counted separately.
What is United Wholesale Mortgage's denial rate and how does it compare?
13.4% of decided applications were denied in 2024, against 24.3% nationally and 24.8% in California. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws; the data do not include some legitimate credit risk considerations.
Which counties does United Wholesale Mortgage lend in most?
By originations: Maricopa County, AZ (11,985), Los Angeles County, CA (8,810), San Diego County, CA (6,661), Riverside County, CA (6,085) and Harris County, TX (5,740).
What loan types does United Wholesale Mortgage make?
Conventional 237,163, FHA 74,402, VA 53,385 and USDA 1,128 originations in 2024; by purpose, home purchase 245,315, home improvement 0, refinancing 60,394, cash-out refinancing 60,369 and other purpose 0.
What reasons did United Wholesale Mortgage report for denials?
The first denial reason recorded most often was debt-to-income ratio (21,302), collateral (18,093) and insufficient cash (downpayment, closing costs) (10,420), as coded by the lender in its HMDA filing.
Where does this data come from?
From the 2024 public HMDA loan/application register published by the FFIEC and CFPB, with the lender's name from its HMDA transmittal sheet and VA loan volume from the Department of Veterans Affairs lender statistics. Cells under 25 applications are withheld.
Provenance
Source: Home Mortgage Disclosure Act public loan/application register for 2024 (trend years 2022, 2023, 2024) and transmittal sheets 2018–2024, published by the FFIEC and CFPB at ffiec.cfpb.gov, public domain; VA lender statistics from the Department of Veterans Affairs. Lender identity is the LEI and name on its transmittal sheet. This site was built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. Data through 1 Aug 2026.