The Largest Nonbank Home Purchase Lender in the Nation Is a Wholesaler

Sep 11, 2018, 15:47 PM by User Not Found

Rather surprisingly, a nonbank lender that also happens to be a wholesaler took the second spot for home purchase lending in the second quarter of the year.

United Wholesale Mortgage beat out everyone but wells Fargo:

  • The wholesale lender originated $11.2 billion in the second quarter
  • Of which $8.3 billion was home purchase loans
  • Overall loan volume up 68% year-over-year compared to the six-month mark of 2017
  • Highest growth rate among top 25 mortgage lenders in the country

Click here to read the full story via The Truth About Mortgage.