Loan purposes › Home purchase
Home purchase loans
A home purchase loan is one made to buy a dwelling, as the lender codes it under Regulation C. HMDA loan purpose code 1.
Originations, 2024 3,534,113
Share of all originations 57.0%
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.
5,316,851applications, 2024
3,534,113originations
11.7%denials as a share of applicationsall purposes: 19.5%
57.0%of all originations
National trend, 2018–2024
Share of all originationsDenials ÷ applications
By state, 2024
| State | Applications | Originations | Share of state originations | Denials ÷ applications |
|---|---|---|---|---|
| Texas | 583,045 | 360,296 | 72.8% | 14.6% |
| Florida | 468,202 | 299,894 | 62.9% | 13.5% |
| California | 387,080 | 261,993 | 51.2% | 9.3% |
| North Carolina | 217,781 | 144,457 | 56.3% | 11.4% |
| Georgia | 203,434 | 129,866 | 57.0% | 12.0% |
| Ohio | 181,837 | 127,222 | 51.7% | 8.7% |
| Illinois | 181,607 | 126,804 | 61.1% | 9.4% |
| Pennsylvania | 164,931 | 119,931 | 48.7% | 9.2% |
| New York | 166,404 | 115,407 | 55.3% | 11.2% |
| Michigan | 155,736 | 105,614 | 51.2% | 12.6% |
| Virginia | 144,594 | 102,212 | 55.8% | 8.7% |
| Arizona | 132,800 | 93,109 | 55.6% | 8.9% |
| Tennessee | 137,732 | 89,189 | 55.5% | 11.6% |
| Indiana | 120,754 | 86,417 | 53.1% | 10.1% |
| Washington | 117,287 | 83,646 | 54.5% | 7.0% |
| South Carolina | 129,708 | 80,122 | 62.8% | 15.2% |
| New Jersey | 121,264 | 79,924 | 51.0% | 8.8% |
| Colorado | 115,495 | 79,809 | 55.7% | 8.8% |
| Missouri | 107,341 | 77,048 | 58.6% | 8.5% |
| Minnesota | 88,927 | 68,577 | 60.9% | 7.0% |
| Maryland | 92,945 | 65,722 | 56.2% | 8.7% |
| Wisconsin | 83,046 | 63,592 | 46.3% | 7.8% |
| Alabama | 101,696 | 61,667 | 59.0% | 15.9% |
| Massachusetts | 82,872 | 60,686 | 50.7% | 7.7% |
| Kentucky | 81,188 | 49,243 | 55.3% | 16.8% |
| Oklahoma | 73,749 | 46,339 | 63.6% | 14.0% |
| Utah | 61,082 | 42,765 | 49.0% | 8.2% |
| Oregon | 60,192 | 42,014 | 53.8% | 7.9% |
| Nevada | 58,849 | 40,791 | 61.5% | 9.6% |
| Louisiana | 72,154 | 39,733 | 63.7% | 20.6% |
| Iowa | 50,893 | 39,109 | 57.7% | 8.3% |
| Arkansas | 60,838 | 36,020 | 60.8% | 15.1% |
| Connecticut | 49,013 | 35,150 | 52.6% | 9.0% |
| Kansas | 42,957 | 31,629 | 58.5% | 8.8% |
| Mississippi | 53,186 | 28,640 | 57.7% | 21.0% |
| Idaho | 35,857 | 25,840 | 54.0% | 7.1% |
| New Mexico | 38,354 | 22,953 | 62.7% | 15.3% |
| Nebraska | 29,966 | 22,943 | 59.8% | 6.9% |
| West Virginia | 28,131 | 16,671 | 61.4% | 17.0% |
| Maine | 22,105 | 15,586 | 49.0% | 9.6% |
| New Hampshire | 19,718 | 14,195 | 46.9% | 8.6% |
| Delaware | 19,703 | 13,681 | 56.3% | 11.2% |
| Puerto Rico | 16,673 | 11,361 | 86.9% | 17.0% |
| Montana | 15,540 | 10,661 | 54.8% | 9.2% |
| Rhode Island | 14,132 | 10,237 | 45.1% | 7.8% |
| South Dakota | 12,828 | 9,543 | 60.0% | 7.7% |
| Hawaii | 13,458 | 8,980 | 55.6% | 10.7% |
| North Dakota | 11,087 | 8,305 | 63.4% | 6.9% |
| Alaska | 9,737 | 7,145 | 67.4% | 6.0% |
| Wyoming | 9,641 | 6,681 | 59.2% | 10.8% |
| Vermont | 8,251 | 5,861 | 49.9% | 8.6% |
| District of Columbia | 8,065 | 5,466 | 65.0% | 8.5% |
Most active lenders, 2024
| # | Lender | Home purchase applications | Home purchase originations | Share of lender's originations | Lender denial rate, all purposes |
|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 309,905 | 245,315 | 67.0% | 13.4% |
| 2 | Rocket Mortgage | 180,746 | 137,372 | 38.0% | 18.2% |
| 3 | Crosscountry Mortgage, LLC | 116,799 | 86,991 | 85.4% | 3.5% |
| 4 | DHI Mortgage Company, LTD. | 95,844 | 70,656 | 100.0% | 12.2% |
| 5 | Fairway Independent Mort Corp | 87,457 | 67,785 | 91.1% | 6.0% |
| 6 | Guild Mortgage Company | 84,058 | 65,016 | 86.3% | 4.6% |
| 7 | Mortgage Research Center | 97,222 | 60,352 | 81.8% | 24.0% |
| 8 | JPMorgan Chase Bank, NA | 90,865 | 59,625 | 73.8% | 12.8% |
| 9 | Lennar Mortgage, LLC | 75,071 | 55,509 | 100.0% | 14.4% |
| 10 | Movement Mortgage, LLC | 71,037 | 53,651 | 87.6% | 5.0% |
| 11 | Guaranteed Rate, Inc. | 75,984 | 52,401 | 83.4% | 9.0% |
| 12 | CMG Mortgage Inc | 68,883 | 50,915 | 86.5% | 5.7% |
| 13 | Loandepot.com, LLC | 57,370 | 40,922 | 51.5% | 29.1% |
| 14 | Us Bank, N.A. | 51,674 | 34,868 | 46.8% | 41.5% |
| 15 | New American Funding, LLC. | 48,415 | 34,508 | 70.9% | 20.9% |
| 16 | Navy Federal Credit Union | 58,290 | 30,541 | 37.2% | 34.3% |
| 17 | 21st Mortgage | 161,225 | 29,777 | 98.4% | 70.3% |
| 18 | Pennymac Loan Services LLC | 38,223 | 28,133 | 41.8% | 20.6% |
| 19 | Newrez LLC | 36,781 | 26,582 | 51.0% | 35.0% |
| 20 | Bank of America NA | 46,203 | 26,405 | 31.8% | 48.1% |
| 21 | Wells Fargo Bank NA | 45,408 | 24,731 | 66.4% | 31.7% |
| 22 | Primelending | 29,650 | 23,027 | 91.6% | 6.5% |
| 23 | Union Home Mortgage Corp. | 29,558 | 22,855 | 83.3% | 6.5% |
| 24 | Flagstar Bank NA | 29,758 | 20,075 | 68.2% | 29.4% |
| 25 | Vanderbilt Mortgage and Finance, Inc | 122,509 | 20,057 | 98.8% | 69.7% |
| 26 | Pulte Mortgage LLC | 27,968 | 19,692 | 100.0% | 13.4% |
| 27 | Freedom Mortgage Corporation | 26,519 | 19,200 | 33.5% | 16.2% |
| 28 | American Pacific Mortgage Corporation | 24,298 | 18,235 | 88.6% | 9.3% |
| 29 | Prosperity Home Mortgage, LLC | 22,859 | 17,881 | 88.9% | 9.8% |
| 30 | Nvr Mortgage Finance, Inc. | 23,696 | 17,309 | 100.0% | 19.0% |
| 31 | Paramount Residential Mortgage | 24,274 | 16,919 | 87.3% | 4.8% |
| 32 | Kiavi Funding, Inc. | 21,930 | 16,384 | 74.5% | 10.3% |
| 33 | Huntington National Bank | 21,890 | 15,859 | 30.5% | 34.6% |
| 34 | NFM, Inc | 19,910 | 15,825 | 91.8% | 2.3% |
| 35 | Kind Lending, LLC | 22,477 | 15,113 | 80.7% | 27.2% |
| 36 | The Loan Store, Inc | 20,833 | 15,042 | 63.9% | 13.9% |
| 37 | Ark-La-Tex Financial Services LLC | 19,062 | 14,303 | 88.1% | 4.2% |
| 38 | Everett Financial, Inc. | 18,331 | 14,179 | 91.6% | 7.8% |
| 39 | Lower, LLC | 19,455 | 14,159 | 81.3% | 12.7% |
| 40 | Guaranteed Rate Affinity, LLC | 18,707 | 13,202 | 90.5% | 8.0% |
| 41 | Truist Bank | 20,054 | 13,031 | 36.3% | 46.3% |
| 42 | Flat Branch Mortgage, Inc. | 15,766 | 12,846 | 92.4% | 1.8% |
| 43 | Triad Financial Services, Inc. | 86,203 | 12,706 | 99.5% | 55.7% |
| 44 | Cardinal Financial Company, Li | 16,527 | 12,565 | 82.0% | 10.1% |
| 45 | Atlantic Bay Mortgage Group | 15,594 | 12,552 | 93.6% | 1.8% |
| 46 | Ameris Bank | 16,234 | 12,533 | 85.8% | 9.8% |
| 47 | Plains Commerce Bank | 20,069 | 12,291 | 90.3% | 5.0% |
| 48 | PNC Bank N.A. | 18,739 | 11,912 | 21.0% | 35.4% |
| 49 | Provident Funding Associates | 18,012 | 11,351 | 85.3% | 10.1% |
| 50 | Usaa Bank | 23,338 | 11,343 | 85.9% | 33.0% |
Lenders ranked by originations for this purpose. Lists are by volume only; this site does not rate or recommend lenders.
Questions and answers
How many home purchase loans were originated in 2024?
3,534,113 originations nationally, 57.0% of all HMDA-reported originations, from 5,316,851 applications.
What is the denial rate for home purchase applications?
11.7% of applications for this purpose were denied in 2024 (denials over all applications, since decisions are not broken out by purpose in the Data Browser series).
Which lenders originate the most home purchase loans?
United Wholesale Mortgage (245,315), Rocket Mortgage (137,372), Crosscountry Mortgage, LLC (86,991), DHI Mortgage Company, LTD. (70,656), Fairway Independent Mort Corp (67,785).
Provenance
Source: HMDA Data Browser aggregations by loan purpose 2018–2024 and the 2024 public LAR (FFIEC and CFPB, public domain). Built 30 Sep 2026. Median rate spread nationally: 0.3 pp.