The 10 largest mortgage lenders in the United Kingdom accounted for approximately 83 percent of the total market, with the top three alone accounting for 48 percent in 2024. Lloyds Banking Group had the largest market share of gross mortgage lending, with nearly 47 billion British pounds in lending in 2024. HSBC, which is the largest UK bank by total assets, ranked fifth. Development of the mortgage market In 2024, the value of outstanding in mortgage lending to individuals amounted to 1.6 trillion British pounds. Although this figure has continuously increased in the past, the UK mortgage market declined dramatically in 2024, registering the lowest value of mortgage lending since 2015. In 2020, the COVID-19 pandemic caused the market to contract for the first time since 2012. The next two years saw mortgage lending soar due to pent-up demand, but as interest rates soared, the housing market cooled, leading to a decrease in new loans of about 100 billion British pounds. The end of low interest rates In 2021, mortgage rates saw some of their lowest levels since recording began by the Bank of England. For a long time, this was particularly good news for first-time homebuyers and those remortgaging their property. Nevertheless, due to the rising inflation, mortgage rates started to rise in the second half of the year, resulting in the 10-year rate doubling in 2022.

In 2024, United Wholesale Mortgage was the largest mortgage provider in the United States, with nearly ***** billion U.S. dollars in mortgage lending. In terms of number of mortgage originations, United Wholesale Mortgage also ranked the highest. How do home buyers finance their home purchase? The most common way to finance a new home is via a mortgage, while only a small fraction of home sales is paid in cash. When it comes to different types of housing loans, there are also various options, such as conventional, FHA insured, and VA guaranteed. FHA insured loans are mortgages provided by approved lenders and insured by the Federal Housing Authority. Because of the lower risk associated, home buyers can pay a smaller down payment or have lower credit score. Similarly, VA loans are guaranteed by the Department of Veterans Affairs and are available for veterans, service members, and their surviving spouses. Purchase vs refinance mortgages Once a home buyer has taken out a mortgage for a new home, they can later renegotiate the conditions of the loan. This allows them to shorten or extend the loan term, obtain a lower interest rate, or convert the home’s equity into cash. When mortgage rates were at their lowest in 2020 and 2021, refinance mortgages surged, while purchase mortgages increased at a lower rate.

In 2024, United Wholesale Mortgage was the company with the largest market share based on the value of mortgage originations for home purchase. The company was responsible for *** percent of the home purchase market in that year, slightly higher than the market share of the second lender in the ranking, PennyMac Financial. The aggregate market share of the top five lenders totaled approximately **** percent. The mortgage market has suffered a decline in new business since 2021, mostly attributed to refinancing loans plummeting due to the higher mortgage interest rates. Nevertheless, the market is forecast to pick up in 2026, as interest rates decline.

U.S. counties with the highest average mortgage rates in 2024, including both purchase and refinance loans.

Number of mortgage lenders by year from 2018-2024 showing the count of lending institutions that made at least one purchase mortgage each year

The global mortgage loan service market is experiencing robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and favorable government policies promoting homeownership. The market, valued at approximately $2 trillion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled by a burgeoning demand for both residential and commercial mortgages, particularly in emerging economies with rapidly expanding middle classes. The residential segment currently dominates the market share, accounting for approximately 70%, with individual borrowers representing the largest application segment. However, the commercial estate and enterprise segments are witnessing significant growth, driven by increased corporate investments and infrastructural development. Key players like Rocket Mortgage, United Shore Financial Services, and Quicken Loans are leveraging technological advancements such as online platforms and AI-powered loan processing to enhance efficiency and customer experience, shaping the competitive landscape. The growth trajectory is expected to be influenced by fluctuating interest rates, macroeconomic conditions, and evolving regulatory frameworks. Nevertheless, the long-term outlook remains positive, underpinned by the fundamental drivers mentioned above. Technological advancements, particularly in fintech, are reshaping the mortgage loan service landscape. The rise of digital platforms, streamlined application processes, and enhanced data analytics are significantly improving accessibility and speed of loan approvals. This efficiency boost is leading to increased competition, encouraging lenders to offer more competitive interest rates and flexible repayment options to attract borrowers. Furthermore, the increasing adoption of alternative credit scoring models is broadening access to mortgage loans for previously underserved populations. Regional variations in market growth are expected, with North America and Asia-Pacific representing the largest markets. However, emerging economies in regions like South America and Africa hold significant potential for future growth, given the increasing demand for housing and infrastructural development within these markets. Geographic expansion and strategic partnerships remain key strategies for players aiming for market dominance within this evolving sector.

Ytd Count YTD Volume Average UNITED WHOLESALE MORTGAGE LLC 276,298 $106.25 $384,556 PENNYMAC LOAN SERVICES LLC 224,151 $82.63 $368,625 ROCKET MORTGAGE LLC 216,139 $66.56 $307,931 NEWREZ LLC 112,165 $41.17 $367,061 FREEDOM MORTGAGE CORP 107,658 $40.98 $380,636 AMERIHOME MORTGAGE COMPANY LLC 105,520 $36.29 $343,953 NATIONSTAR MORTGAGE LLC 74,785 $26.38 $352,713 PLANET HOME LENDING LLC 62,500 $19.61 $313,701 CROSSCOUNTRY MORTGAGE LLC 59,181 $21.93 $370,612 JPMORGAN CHASE BANK NA 51,836 $16.67 $321,594

US Mortgage/Loan Brokers Market Analysis The US mortgage/loan brokers market is substantial, valued at USD XX million in 2025 with a projected CAGR of 5.00% during 2025-2033. This growth is attributed to factors such as rising demand for home ownership, increasing home values, and low interest rates. The market is segmented by component (products, services), enterprise (large, small, medium-sized), application (home loans, commercial loans, etc.), end-user (business, individuals), and region. Prominent players include Quicken Loans, Wells Fargo, and Caliber Home Loans. Market Drivers and Trends The growth of the US mortgage/loan brokers market is driven by several factors, including the increasing demand for residential and commercial construction, government incentives for home ownership, and the availability of various loan options. Additionally, technological advancements, such as online loan applications and mobile banking, are simplifying the loan application process. However, rising interest rates and stricter lending regulations pose potential challenges to the market's growth. Nonetheless, the growing need for mortgages and the increasing complexity of loan processes are expected to drive the market's expansion in the coming years. Recent developments include: November 2022: A digital home equity line of credit was introduced by loanDepot, one of the country's biggest non-bank retail mortgage lenders, against the backdrop of inflation and rising consumer debt., October 2022: Pennymac Financial Services launched POWER+, its next generation broker technology platform. Brokers will now have more speed and control over the mortgage process to deliver an exceptional experience to their customers and referral partners.. Notable trends are: Adoption of the New Technologies Driving the Market.

The size of the North America Mortgage/Loan Brokers Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00% during the forecast period. Recent developments include: In November 2022, To expand the use of eNotes across 250 locations in 49 states, Primary Residential Mortgage Inc. (PRMI) employed the eVault and digital closing platform from Snapdocs., In August 2022, Due to the slowdown in home sales caused by rising interest rates, the two biggest mortgage lenders in the US are increasing pressure on their smaller rivals by providing discounts and other incentives. The two biggest mortgage originators in the US, Rocket Mortgage and United Wholesale Mortgage, respectively, are pursuing aggressive strategies at a time when many lenders are leaving the market or going out of business.. Notable trends are: Increase in Digitization in Lending and Blockchain Technology is driving the market.

In 2024, United Wholesale Mortgage was the firm with the highest value of home purchase mortgage originations. The company was responsible for home buying loans worth **** billion U.S. dollars that year. The mortgage market has suffered a decline in new business since 2021, mostly attributed to refinancing loans plummeting due to the higher mortgage interest rates. Nevertheless, the market is forecast to pick up in 2026, as interest rates decline.

Top 10 U.S. counties by number of USDA purchase mortgages funded in 2024.

30 Year Mortgage Rate in the United States decreased to 6.23 percent in November 26 from 6.26 percent in the previous week. This dataset includes a chart with historical data for the United States 30 Year Mortgage Rate.

Top 10 mortgage lenders ranked by number of individual purchase mortgages funded in 2024.

Top 10 U.S. counties by number of VA purchase mortgages funded in 2024.

In 2024, mortgage lending by the 10 largest lenders in the United Kingdom (UK) amounted to over ****billion British pounds. Lloyds Banking Group topped the list for mortgage lending, with approximately ** billion British pounds in gross lending. Nationwide BS and NatWest Group completed the top three mortgage lenders with roughly ***billion and ** billion British pounds in gross lending, respectively.

U.S. counties with the highest average net origination fees in 2024, calculated as total charges minus lender credits.

The FCA and the Prudential Regulatory Authority (PRA) both have responsibility for the regulation of mortgage lenders and administrators. They jointly publish the mortgage lending statistics every quarter. Since the beginning of 2007, around 340 regulated mortgage lenders and administrators have been required to submit a Mortgage Lending and Administration Return (MLAR) each quarter, providing data on their mortgage lending activities. Latest findings The outstanding value of all residential mortgage loans increased by 0.6% from the previous quarter to £1,670.9 billion, the highest stock of outstanding mortgage loans since 2023 Q1, and was 0.8% higher than a year earlier.

LendingClub is a US peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. LendingClub is the world's largest peer-to-peer lending platform.

There are many LendingClub data sets on Kaggle. Here is the information on this particular data set:

	LoanStatNew	Description
0	loan_amnt	The listed amount of the loan applied for by the borrower. If at some point in time, the credit department reduces the loan amount, then it will be reflected in this value.
1	term	The number of payments on the loan. Values are in months and can be either 36 or 60.
2	int_rate	Interest Rate on the loan
3	installment	The monthly payment owed by the borrower if the loan originates.
4	grade	LC assigned loan grade
5	sub_grade	LC assigned loan subgrade
6	emp_title	The job title supplied by the Borrower when applying for the loan.*
7	emp_length	Employment length in years. Possible values are between 0 and 10 where 0 means less than one year and 10 means ten or more years.
8	home_ownership	The home ownership status provided by the borrower during registration or obtained from the credit report. Our values are: RENT, OWN, MORTGAGE, OTHER
9	annual_inc	The self-reported annual income provided by the borrower during registration.
10	verification_status	Indicates if income was verified by LC, not verified, or if the income source was verified
11	issue_d	The month which the loan was funded
12	loan_status	Current status of the loan
13	purpose	A category provided by the borrower for the loan request.
14	title	The loan title provided by the borrower
15	zip_code	The first 3 numbers of the zip code provided by the borrower in the loan application.
16	addr_state	The state provided by the borrower in the loan application
17	dti	A ratio calculated using the borrower’s total monthly debt payments on the total debt obligations, excluding mortgage and the requested LC loan, divided by the borrower’s self-reported monthly income.
18	earliest_cr_line	The month the borrower's earliest reported credit line was opened
19	open_acc	The number of open credit lines in the borrower's credit file.
20	pub_rec	Number of derogatory public records
21	revol_bal	Total credit revolving balance
22	revol_util	Revolving line utilization rate, or the amount of credit the borrower is using relative to all available revolving credit.
23	total_acc	The total number of credit lines currently in the borrower's credit file
24	initial_list_status	The initial listing status of the loan. Possible values are – W, F
25	application_type	Indicates whether the loan is an individual application or a joint application with two co-borrowers
26	mort_acc	Number of mortgage accounts.
27	pub_rec_bankruptcies	Number of public record bankruptcies

Key Metrics: Loan count, total loan volume, average loan amount.2024 Rank Lender Name 2024 Loan Count (# loans) 2024 Loan Volume ($ Billion) 2024 Average Loan Amount ($) 1 21ST MORTGAGE CORPORATION 30,149 $3.43 $113,852 2 VANDERBILT MORTGAGE AND FINANCE, INC. 12,765 $1.62 $127,203 3 TRIAD FINANCIAL SERVICES, INC. 12,721 $1.25 $97,905 4 UNITED WHOLESALE MORTGAGE, LLC 8,446 $2.06 $244,346 5 ROCKET MORTGAGE, LLC 6,515 $1.16 $178,529 6 GUILD MORTGAGE COMPANY LLC 3,218 $0.67 $208,434 7 CREDIT HUMAN FEDERAL CREDIT UNION 2,500 $0.27 $108,564 8 CROSSCOUNTRY MORTGAGE, LLC 2,299 $0.51 $221,020 9 MORTGAGE RESEARCH CENTER, LLC 2,240 $0.52 $232,795 10 SOUTHWEST STAGE FUNDING, LLC 2,182 $0.38 $173,868

The global home loan market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 7% from 2025 to 2033. While the exact 2025 market size ("XX Million") is unspecified, considering a typical market size for such sectors and the provided CAGR, a reasonable estimation would place it in the range of several hundred billion to a trillion dollars depending on the geographical scope of the report (global, regional etc.). This substantial market value underscores the significant demand for home financing globally. The growth is propelled by several key factors, including increasing urbanization, rising disposable incomes in developing economies, supportive government policies promoting homeownership, and the ongoing expansion of the mortgage lending sector itself. Technological advancements, such as online lending platforms and streamlined application processes, also contribute to market expansion by increasing accessibility and efficiency. Conversely, factors like fluctuating interest rates, stringent lending regulations intended to mitigate risk, and economic downturns impacting consumer confidence can act as market restraints. However, the consistent growth trajectory suggests that the positive drivers outweigh these challenges in the long term. The home loan market is segmented based on various criteria such as loan type (fixed-rate, adjustable-rate, etc.), borrower profile (first-time homebuyers, repeat buyers), and loan amount (high-value, low-value). Key players in this dynamic market include established financial institutions like Bank of America, Charles Schwab, Citigroup, Goldman Sachs (Marcus), HSBC, JPMorgan Chase, Morgan Stanley, and Wells Fargo, alongside specialized mortgage lenders such as Dewan Housing Finance Corporation and LIC Housing Finance. Competition among these entities is intense, with each striving to innovate and offer competitive products and services to capture market share within their respective segments. This competition benefits consumers through improved terms and offerings, further driving market growth. The market's future growth trajectory will largely be influenced by the interplay between these driving forces, the potential impact of unforeseen economic events, and ongoing regulatory changes. Key drivers for this market are: Real Estate Market Trends, Government Policies. Potential restraints include: Real Estate Market Trends, Government Policies. Notable trends are: Turkey has the Highest Mortgage Interest Rate.