A guide to the top wholesale mortgage lenders in the US that offer a variety of loan programs for every buyer.

What does a wholesale mortgage lender do? 

A wholesale mortgage lender provides loans to buyers through third-party mortgage brokers. They serve as a middleman between a mortgage broker company and a bank, focusing solely on the financial side of the lending process. A wholesale lender is different from a retail lender, which is usually a bank or credit union that provides various financial services and uses its own money to make loans. Unlike wholesale mortgage lenders, retail lenders are not specialty institutions and work directly with buyers, offering them products unrelated to home mortgages (e.g. saving accounts and investments). In general, wholesale mortgage lender companies can offer a wider range of loan programs, some of which have less strict requirements geared toward buyers that have a harder time qualifying for a typical mortgage loan.

So if you’re a borrower, you will rarely interact directly with a wholesale mortgage lender. Instead, you’ll find a mortgage broker company to work with, such as Kredium, that can find you a specialized loan program offered by one of the wholesale mortgage lenders that they partner with. However, learning about the top wholesale mortgage lender companies in the US can still help you figure out what loan options might be available, especially if you are an investor or have a specific financial situation. 

The companies included in this guide are the top 20 from the Scotsman Guide Top Wholesale Lenders 2022, covered in order from the highest to the lowest number of wholesale loans closed in 2021:
  • United Wholesale Mortgage
  • Homepoint
  • Caliber Home Loans 
  • loanDepot
  • PennyMac Loan Services 
  • Newrez
  • Homebridge Financial Services 
  • Plaza Home Mortgage 
  • Finance of America Mortgage
  • Paramount Residential Mortgage Group 
  • Flagstar Bank
  • Fairway Independent Mortgage Corp 
  • CMG Financial
  • American Financial Network 
  • New American Funding
  • BluePoint Mortgage
  • Angel Oak Mortgage Solutions 
  • Canopy Mortgage 
  • A&D Mortgage 
  • Acra Lending 
Continue reading to learn more about each company, including their background information, recent statistics, state coverage, loan types offered (general and specialized programs as applicable), social media links, and average google rating. Each wholesale mortgage lender company has the loan programs they offer listed, but they may also offer additional programs. 

United Wholesale Mortgage


United Wholesale Mortgage has been the top wholesale mortgage lender in the US for 7 consecutive years. They closed on 654,450 wholesale loans with a volume of $226,503,692,507 in 2021. 

Here’s a look at United Wholesale Mortgage:
  • Headquarters in Pontiac, Michigan
  • Established in 1986
  • 5,000+ employees
  • Licensed in all 50 states 
  • General loan types: 
  • Conventional
  • FHA
  • VA
  • USDA
  • Prime jumbo
  • Specialized loan types:
  • Bank statement (30-year fixed)
  • Investor flex (30-year fixed)
  • CEMA
  • Temporary rate buydowns
  • Standalone HELOC (20 or 30-year)
  • Piggyback HELOC (20 or 30-year)
  • Social media links 
  • 4.3 google rating 

Homepoint Financial Corporation


Homepoint is the 7th largest non-bank lender in the US. They closed on 202,136 wholesale loans with a volume of $69,450,704,346 in 2021. In addition to the loan types listed below, they also offer homeowners insurance in some states. Homepoint has a nationwide network of more than 8,500 partners.

Here’s a look at Homepoint:
  • Headquarters in Ann Arbor, Michigan
  • Established in 2007
  • 27 agents
  • Licensed in all 50 states 
  • Loan types:
  • Conventional
  • FHA
  • VA
  • USDA
  • RefiNow
  • Refi possible 
  • Social media links 
  • 4.1 google rating 

Caliber Home Loans 


Caliber Home Loans closed on 69,367 wholesale loans with a volume of $20,807,139,523 in 2021.

Here’s a look at Caliber Home Loans:
  • Headquarters in Coppell, Texas
  • Established in 1963
  • 1,250 agents
  • Licensed in all 50 states, Guam, Puerto Rico, and the Virgin Islands
  • General loan types: 
  • Conventional
  • FHA
  • VA
  • USDA
  • Specialized loan types (Smart Series): 
  • SmartEdge - jumbo 
  • SmartSelf - for those self-employed using bank statements 
  • SmartVest - for experienced real estate investors 
  • Social media links 
  • 4.9 google rating 

loanDepot


loanDepot closed on 58,925 wholesale loans with a volume of $20,819,057,935 in 2021.

Here’s a look at loanDepot:
  • Headquarters in Foothill Ranch, California 
  • Established in 2009
  • 2,381 agents
  • Licensed in all 50 states 
  • Loan types: 
  • Conventional: fixed-rate and adjustable-rate 
  • FHA
  • VA
  • USDA
  • Jumbo
  • 203K
  • Social media links 
  • 4.4 google rating

PennyMac Loan Services 


PennyMac Loan Services closed on 55,241 wholesale loans with a volume of $16,759,314,000 in 2021.

Here’s a look at PennyMac Loan Services:
  • Headquarters in Westlake Village, California
  • Established in 2008
  • 408 agents
  • Licensed in all 50 states, Guam, Puerto Rico, and the Virgin Islands
  • General loan types: 
  • Conventional: adjustable-rate
  • FHA
  • VA
  • USDA
  • Jumbo
  • Specialized loan types:
  • Investment property 
  • Home equity 
  • Social media links 
  • 4.8 google rating 

Newrez


Newrez closed on 30,321 wholesale loans with a volume of $9,148,926,138 in 2021.

Here’s a look at Newrez:
  • Headquarters in Fort Washington, Pennsylvania
  • Established in 2007
  • 371 agents
  • Licensed in all 50 states, Guam, Puerto Rico, and the Virgin Islands
  • General loan types: 
  • Conventional: fixed-rate and adjustable-rate 
  • FHA
  • VA
  • Specialized loan types:
  • Investment property 
  • Programs for non-owner occupied properties 
  • Social media links 
  • 3.9 google rating 

Homebridge Financial Services 


Homebridge Financial Services closed on 21,277 wholesale loans with a volume of $7,714,495,837 in 2021.

Here’s a look at Homebridge Financial Services:
  • Headquarters in Iselin, New Jersey
  • Established in 1991
  • 892 agents
  • Licensed in 49 states, all except Utah 
  • General loan types: 
  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo
  • HELOC
  • Renovation
  • Refinance
  • Reverse mortgages 
  • Construction-to-permanent
  • Specialized loan types (non-QM): 
  • Affordable lending programs
  • Bank statement 
  • Asset qualifier 
  • Investor cash flow
  • 1099 Only 
  • Social media links 
  • 3.2 google rating  

Plaza Home Mortgage 


Homebridge Financial Services closed on 21,277 wholesale loans with a volume of $7,714,495,837 in 2021.

Here’s a look at Homebridge Financial Services:
  • Headquarters in San Diego, California
  • Established in 2000
  • 31 agents
  • Licensed in all 50 states
  • Loan types: 
  • Conventional
  • FHA
  • VA
  • USDA
  • Renovation
  • Reverse mortgages 
  • Home equity 
  • Investment property 
  • Non-QM
  • Social media links 
  • 2.3 google rating

Finance of America Mortgage


Finance of America Mortgage closed on 17,688 wholesale loans with a volume of $6,551,748,241 in 2021. They have a large number of other trade names and prior names, which can be found listed on their NMLS page (linked below). As of October 2022, they are discontinuing their residential mortgage operations and switching their focus to reverse mortgages, home improvement loans, commercial loans, and lender services. 

Here’s a look at Finance of America Mortgage:
  • Headquarters in Conshohocken, Pennsylvania
  • Established in 1994
  • 942 agents
  • Licensed in all 50 states, Puerto Rico, and the Virgin Islands
  • Loan types: 
  • Reverse mortgages 
  • Commercial: fix & flip, rental portfolio, and bridge loans 
  • Home improvement 
  • Social media links 
  • 5.0 google rating 

Paramount Residential Mortgage Group (PRMG)


Paramount Residential Mortgage Group closed on 16,522 wholesale loans with a volume of $5,192,272,773 in 2021. They are ranked among the top 5 best companies to work for in America. 

Here’s a look at Paramount Residential Mortgage Group:
  • Headquarters in Corona, California
  • Established in 2001
  • 1,161 agents
  • Licensed in 49 states, all except New York 
  • Loan types: 
  • Conventional: fixed-rate and adjustable-rate
  • FHA
  • VA
  • USDA
  • Jumbo
  • Down payment assistance
  • Buy after BK programs 
  • Reverse mortgages
  • Non-QM
  • Social media links 
  • 4.9 google rating  

Flagstar Bank


Flagstar Bank closed on 16,522 wholesale loans with a volume of $5,192,272,773 in 2021. They are the only bank included in this guide and are a subsidiary of Flagstar Bankcorp (FBC). Flagstar is the 7th largest bank mortgage originator and the third largest savings bank in the US. In addition to their residential loan programs listed below, they also offer small business administration (SBA) loans, business loans, business lines of credit, commercial, and industrial loans. 

Here’s a look at Flagstar Bank:
  • Headquarters in Troy, Michigan
  • Established in 1987
  • 346 agents
  • Licensed in all 50 states
  • General loan types: 
  • Fixed-rate 
  • FHA
  • VA
  • USDA
  • Specialized loan types:
  • Multiple property 
  • Jumbo
  • High-balance 
  • Renovation and construction 
  • Community lending and home loan programs
  • ITIN
  • Social media links 
  • 2.8 google rating  

Fairway Independent Mortgage Corporation


Fairway Independent Mortgage Corporation closed on 14,279 wholesale loans with a volume of $4,620,365,213 in 2021.

Here’s a look at Fairway Independent Mortgage Corporation:
  • Headquarters in Madison, Wisconsin
  • Established in 1996
  • 4,105 agents
  • Licensed in all 50 states
  • Loan types: 
  • Conventional: fixed-rate and adjustable-rate
  • FHA
  • VA
  • USDA
  • Jumbo
  • Physician loan mortgage 
  • Refinance
  • Renovation
  • Reverse mortgage 
  • Social media links 
  • 5.0 google rating

CMG Financial


CMG Financial closed on 13,501 wholesale loans with a volume of $4,253,487,905 in 2021.

Here’s a look at CMG Financial:
  • Headquarters in San Ramon, California
  • Established in 1993
  • 1,083 agents
  • Licensed in all 50 states
  • Loan types: 
  • Conventional: Fannie Mae HomeReady and Freddie Mac HomePossible
  • FHA
  • VA
  • USDA
  • Jumbo
  • All In One 
  • 203K renovation 
  • HomeFundIt (down payment assistance) 
  • Social media links 
  • 4.0 google rating 

American Financial Network  


American Financial Network closed on 9,318 wholesale loans with a volume of $2,922,423,692 in 2021.

Here’s a look at American Financial Network:
  • Headquarters in Brea, California
  • Established in 2001
  • 1,158 agents
  • Licensed in all 50 states and Puerto Rico
  • General loan types: 
  • Conventional
  • FHA
  • VA
  • USDA
  • Jumbo
  • Renovation 
  • Down payment assistance 
  • Specialized loan types:
  • Bank statement 
  • Investment property 
  • Social media links 
  • 4.9 google rating  

New American Funding


New American Funding closed on 7,370 wholesale loans with a volume of $2,253,166,739 in 2021. Their legal name is Broker Solutions. 

Here’s a look at New American Funding:
  • Headquarters in Tustin, California
  • Established in 2002
  • 1,737 agents
  • Licensed in all 50 states
  • General loan types: 
  • Conventional: fixed-rate and adjustable-rate
  • FHA
  • VA
  • USDA
  • Jumbo
  • Reverse mortgage 
  • Specialized loan types: 
  • I CAN
  • non-QM
  • Buydown loan
  • Social media links 
  • 4.8 google rating 

BluePoint Mortgage


BluePoint Mortgage closed on 7,102 wholesale loans with a volume of $2,743,352,144 in 2021. Another trade name they use is Royal Pacific Funding Corporation. 

Here’s a look at BluePoint Mortgage:
  • Headquarters in Newport Beach, California
  • Established in 2003
  • 4 agents
  • Licensed in 30 states, excluding Alaska, Connecticut, Kansas, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, New York, North Dakota, Oklahoma, Rhode Island, South Dakota, Texas, Vermont, West Virginia, and Wyoming
  • General loan types: 
  • Conventional
  • FHA
  • VA
  • Jumbo
  • Specialized loan types (non-QM):
  • Investment property loans (DSCR)
  • Bank statement 
  • Full doc
  • 1099
  • P&L only 
  • Asset utilization 
  • WVOE
  • Social media links 
  • 4.8 google rating 

Angel Oak Mortgage Solutions


Angel Oak Mortgage Solutions closed on 6,636 wholesale loans with a volume of $3,254,056,721 in 2021. They specialize in non-conforming and non-QM loans that offer borrowers flexibility when financing their property, with programs for owner-occupied and non-owner-occupied properties. Angel Oak has funded the largest number and volume of true non-QM loans of any company in the US. 

Here’s a look at Angel Oak Mortgage Solutions:
  • Headquarters in Atlanta, Georgia
  • Established in 2013
  • 11 agents
  • Licensed in 46 states, excluding Alaska, Massachusetts, New York, and Vermont
  • Specialized loan types (30-year fixed across all programs):
  • Bank statement 
  • 1099 income 
  • Investor cash flow
  • Platinum jumbo
  • Portfolio select
  • Asset qualifier
  • Foreign national
  • Agency mortgage (conventional)
  • Social media links 
  • 4.5 google rating 

Canopy Mortgage 


Canopy Mortgage closed on 4,542 wholesale loans with a volume of $1,369,427,003 in 2021.

Here’s a look at Canopy Mortgage:
  • Headquarters in Lindon, Utah
  • Established in 2015
  • 200 agents
  • Licensed in 48 states, excluding New York and Hawaii 
  • Loan types: 
  • Conventional
  • FHA
  • VA
  • Jumbo
  • non-QM
  • Social media links 
  • 4.8 google rating

A&D Mortgage 


A&D Mortgage closed on 4,374 wholesale loans with a volume of $1,937,320,765 in 2021.

Here’s a look at A&D Mortgage:
  • Headquarters in Hollywood, Florida
  • Established in 2012
  • 35 agents
  • Coverage
  • Fully licensed in 30 states
  • No coverage in 6 states: Alaska, Nevada, North Dakota, Minnesota, Vermont, and Hawaii
  • Only business purpose loans in 14 states: Washington, Montana, New Mexico, Kansas, Oklahoma, Louisiana, Arkansas, Missouri, Iowa, Mississippi, Indiana, West Virginia, Massachusetts, and Maine
  • General loan types: 
  • Conventional
  • FHA
  • Prime jumbo
  • Specialized loan types (non-QM):
  • Super prime and prime
  • Full doc
  • DSCR
  • 12/24 months bank statements 
  • 1y and 2y P&L only 
  • 1099
  • WVOE
  • Bridge loan program
  • Asset utilization
  • Foreign nationals
  • Non-permanent residents
  • Social media links 
  • 3.7 google rating 

Acra Lending 


Acra Lending closed on 3,788 wholesale loans with a volume of $1,789,819,887 in 2021.They are also known by their other trade name: Citadel Servicing Corporation. Acra Lending is a leader in non-QM wholesale and correspondent lending programs and has programs specifically for people that are self-employed, investors, and foreign nationals. 

Here’s a look at Acra Lending:
  • Headquarters in Lake Forest, California
  • Established in 2003
  • 33 agents
  • Licensed in 39 states, excluding Alaska, Hawaii, Idaho, Iowa, Massachusetts, Mississippi, New York, North Dakota, Rhode Island, South Dakota, and West Virginia
  • Specialized loan types:
  • 12-month bank statement 
  • ATR-in-Full
  • Business purpose 
  • Condotel 
  • Foreign national 
  • Investor loan 
  • Interest only
  • Investor cash flow
  • ITIN
  • Jumbo non-QM 
  • Small balance multifamily 
  • 1099
  • P&L programs
  • WVOE
  • Fix & flip 
  • Social media links 
  • 3.1 google rating 

Going forward

You’ve now learned about the top 20 wholesale mortgage lender companies in the US, everything from background information, statistics, state coverage, loan types, social media links, and google rating. These wholesale mortgage lender companies can provide an array of loan programs that can be specialized to fit your financial needs. 

All you need to do now is find a trustworthy mortgage broker that can work with a wholesale mortgage lender to offer you a loan program. Kredium, as an up-and-coming mortgage broker, can work with you one-on-one to help facilitate the loan origination and application process, and connect you with a loan offered by a wholesale mortgage lender. We partner with a variety of the top wholesale lenders to offer conventional loans, mortgages for foreign nationals, bank statement mortgages, ITIN mortgages, DSCR mortgages, and more. Kredium helps you choose the right lender and provide you with multiple, personalized loan offers to save you both time and money. And our services don’t end there! Our experts can support you from the property search all the way to your mortgage payments. 
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TAGS:

Wholesale mortgage lender

Wholesale mortgage lender company

Top wholesale mortgage lender

Top wholesale mortgage lender company

Top US wholesale mortgage lender

Top US wholesale mortgage lender companies

Wholesale mortgage lenders in the US

United Wholesale Mortgage

Homepoint

Caliber Home Loans

loanDepot

PennyMac Loan Services

Newrez

Homebridge Financial Services

Plaza Home Mortgage

Finance of America Mortgage

Paramount Residential Mortgage

Flagstar Bank

Fairway Independent Mortgage

CMG Financial

American Financial Network

New American Funding

BluePoint Mortgage

Angel Oak Mortgage Solutions

Canopy Mortgage

A&D Mortgage

Acra Lending