Now it’s time to take a look at the top mortgage lenders in Florida based on 2024 volume.
The Sunshine State is the biggest mortgage market outside of California, with about a 9% share of the national market (tied with Texas).
In 2024, roughly $143 billion in home loans were originated there during what was a rough year for mortgage lenders. For comparison sake, lenders closed about $350 billion in 2021 when mortgage rates hit record lows.
Let’s take a look at which lenders dominated the state, broken down by different categories.
As I always say, biggest doesn’t necessarily mean best, but it’s good to know who the key players are.
Top Mortgage Lenders in Florida (Overall)
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $17 billion |
| 2. | Rocket Mortgage | $7.6 billion |
| 3. | DHI Mortgage | $4.4 billion |
| 4. | CrossCountry | $3.9 billion |
| 5. | Lennar Mortgage | $3.8 billion |
| 6. | Chase | $3.0 billion |
| 7. | Freedom Mortgage | $2.2 billion |
| 8. | Bank of America | $2.0 billion |
| 9. | loanDepot | $1.9 billion |
| 10. | Pennymac | $1.8 billion |
Pontiac, Michigan-based United Wholesale Mortgage (UWM) was the top mortgage lender in the state of Florida last year, per HMDA data visualized by Richey May.
They were also the largest mortgage lender in America in 2024, so this wasn’t too surprising.
They easily beat out Rocket Mortgage, who had been #1 nationally for years before UWM unseated them, by nearly $10 billion.
UWM funded roughly $17 billion in home loans, while Rocket (formerly known as Quicken Loans) managed to fund just $7.6 billion, which represents a 12% and 5% market share in the state, respectively.
Coming in third was home builder D.R. Horton’s DHI Mortgage, followed by CrossCountry and another home builder’s lender, Lennar Mortgage.
The home builders have grabbed more and more home loan market share thanks to their big mortgage rate buydowns.
And the fact that newly-built homes are selling better than existing homes, partially due to the mortgage rate lock-in effect.
Others in the top-10 list included Chase, Freedom Mortgage, Bank of America, loanDepot, and Pennymac.
Top Mortgage Lenders in Florida (for Home Purchases)
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $13.4 billion |
| 2. | DHI Mortgage | $4.4 billion |
| 3. | Rocket Mortgage | $4.2 billion |
| 4. | Lennar Mortgage | $3.8 billion |
| 5. | CrossCountry | $3.5 billion |
| 6. | Chase | $2.4 billion |
| 7. | Pulte Mortgage | $1.7 billion |
| 8. | Veterans United | $1.4 billion |
| 9. | loanDepot | $1.4 billion |
| 10. | Bank of America | $1.4 billion |
Now let’s fine-tune the list to only look at home purchase loans, those reserved for home buyers as opposed to existing homeowners.
Topping this list was UWM, whose whopping $13.4 billion in home loan volume handily beat out DHI Mortgage’s $4.4 billion.
UWM really showed their strength here when it comes to working with home buyers (along with the strength of mortgage brokers since they are a wholesale-only shop).
Rocket was only able to muster third place, though just below DHI, and their pending acquisition of Redfin could help a lot on that front.
Lennar and CrossCountry Mortgage took fourth and fifth with similar tallies.
And the rest of the best included Chase, Pulte Mortgage (another home builder), Veterans United, loanDepot, and Bank of America.
This list has been increasingly important as the mortgage market shifted away from refinances toward purchase lending.
It’s interesting to see three home builders in the top-10 list, a rarity up until recently with existing supply now grappling with the mortgage rate lock-in effect.
Top Mortgage Lenders in Florida (for Home Refinances)
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $3.7 billion |
| 2. | Rocket Mortgage | $3.2 billion |
| 3. | Freedom Mortgage | $1.0 billion |
| 4. | Pennymac | $562 million |
| 5. | loanDepot | $487 million |
| 6. | Newrez | $418 million |
| 7. | CrossCountry | $393 million |
| 8. | Village Capital | $375 million |
| 9. | Chase | $370 million |
| 10. | Mr. Cooper | $353 million |
Rocket also lost out to UWM in the home refinance lending category, a #1 position there rarely cede.
When it came to mortgage refinances, UWM was king with $3.7 billion, though Rocket wasn’t too far off the pace at $3.2 billion.
Boca Raton, based Freedom Mortgage snagged third place, followed by Pennymac and loanDepot.
Others in the top-10 included Pennymac, loanDepot, Newrez, CrossCountry, Village Capital, Chase, and Mr. Cooper, which is also being acquired by Rocket.
Top Mortgage Lenders in Jacksonville
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $1.4 billion |
| 2. | Rocket Mortgage | $616 million |
| 3. | DHI Mortgage | $438 million |
| 4. | Lennar Mortgage | $383 million |
| 5. | Ameris Bank | $294 million |
| 6. | Navy FCU | $267 million |
| 7. | Freedom Mortgage | $254 million |
| 8. | Veterans United | $240 million |
| 9. | VyStar Credit Union | $231 million |
| 10. | Jet Home Loans | $230 million |
Top Mortgage Lenders in Miami
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $2.2 billion |
| 2. | Chase | $696 million |
| 3. | Rocket Mortgage | $664 million |
| 4. | A&D Mortgage | $533 million |
| 5. | Lennar Mortgage | $386 million |
| 6. | Paramount Residential | $381 million |
| 7. | Bank of America | $316 million |
| 8. | Morgan Stanley | $256 million |
| 9. | Bradesco Bank | $226 million |
| 10. | Citi | $225 million |
Top Mortgage Lenders in Orlando
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $2.0 billion |
| 2. | Rocket Mortgage | $901 million |
| 3. | DHI Mortgage | $650 million |
| 4. | Pulte Mortgage | $423 million |
| 5. | CrossCountry | $383 million |
| 6. | Lennar Mortgage | $331 million |
| 7. | FBC Mortgage | $323 million |
| 8. | Chase | $300 million |
| 9. | Freedom Mortgage | $247 million |
| 10. | Rate | $237 million |
Top Mortgage Lenders in Tampa
| Ranking | Company Name | 2024 Loan Volume |
| 1. | UWM | $2.5 billion |
| 2. | Rocket Mortgage | $1.2 billion |
| 3. | Lennar Mortgage | $917 million |
| 4. | DHI Mortgage | $760 million |
| 5. | CrossCountry | $552 million |
| 6. | Freedom Mortgage | $438 million |
| 7. | Chase | $355 million |
| 8. | Regions Bank | $326 million |
| 9. | CMG Mortgage | $312 million |
| 10. | Newrez | $311 million |
Should You Use One of the Largest Mortgage Lenders in Florida or Go Local?
Now aside from all the lenders mentioned, there were dozens more that originated several billion in home loans last year in the state of Florida.
That made them big names, despite not making the top-10 rankings. Examples include FBC Mortgage, The Mortgage Firm, and many others.
So if you want to get your mortgage from a big name, you could still do so without using one of the companies listed above.
At the same time, you might be perfectly happy going with a Florida-based credit union or a local mortgage broker.
At the end of the day, everyone has different preferences that will dictate where they get their home loan.
None of these options are necessarily better than others, they’re just different, as long as the company is financially sound and competent.
The only disservice you could do is not take the time to speak to several different lenders before deciding on one.
Comparison shopping is an absolute must when obtaining a mortgage, so be sure to put in the time whichever company you choose.
(photo: Marcin Wichary)
Before creating this site, I worked as an account executive for a wholesale mortgage lender in Los Angeles. My hands-on experience in the early 2000s inspired me to begin writing about mortgages 19 years ago to help prospective (and existing) home buyers better navigate the home loan process. Follow me on X for hot takes.