The FHA loan is one of the most powerful first-time homebuyer tools ever invented.
Qualifying buyers with credit scores as low as 580 can receive a 3.5%-down loan, thanks to the program’s strong government backing.
It’s no wonder that more than 82% of FHA loans go to borrowers buying their first home, according to the Department of Housing and Urban Development (HUD).
As a homebuyer, it might help to know which lenders do the most FHA loans. Among nearly 1,200 lenders, the top 10 originated more than 35% of FHA purchase loans in 2025. And, 179 lenders issued fewer than 10 FHA loans all year.
While the biggest doesn’t always mean best, the top FHA lenders could be a good place to start your mortgage shopping.
Here are the lenders that made the most FHA purchase loans in the U.S. in 2025, based on Home Mortgage Disclosure Act (HMDA) data from the Consumer Financial Protection Bureau (CFPB) accessed via PolygonResearch.com.
Top FHA Lenders for Purchase Money Loans in 2025
| Rank | Lender | FHA Purchase Loans Originated |
|---|---|---|
| 1 | United Wholesale Mortgage | 60,077 |
| 2 | DHI Mortgage | 32,439 |
| 3 | Rocket Mortgage | 25,856 |
| 4 | Lennar Mortgage | 21,028 |
| 5 | CrossCountry Mortgage | 20,829 |
| 6 | Guild Mortgage | 17,410 |
| 7 | Fairway Independent Mortgage Corp. | 14,902 |
| 8 | LoanDepot | 14,841 |
| 9 | CMG Mortgage | 13,106 |
| 10 | New American Funding | 11,917 |
Polygon Research, retrieved from HMDAVision, accessed March 8, 2026
1. United Wholesale Mortgage
Also known as UWM, this lender isn’t a direct-to-consumer company. Rather, it’s a wholesale lender. This means it receives loan applications from mortgage brokers – companies that work directly with the homebuyer to select the best lender for their situation. UWM has made inroads in recent years, offering incentives for brokers to use them. With a large broker network, it’s no surprise that UWM had twice the FHA loan count as the next-biggest lender.
2. DHI Mortgage
Home builders’ lenders are having their day in the sun. DHI Mortgage, the affiliated lender for D.R. Horton, America’s largest home builder, came in second place for FHA loan origination. Homebuyers often receive massive interest rate discounts from builders when using affiliated lenders.
3. Rocket Mortgage
Coming in third, Rocket Mortgage originated nearly 26,000 FHA purchase loans in 2025. This household-name lender seeks to simplify the homebuying process, even leveraging AI to speed up a traditionally slow process.
4. Lennar Mortgage
Another builder-affiliated lender in the top 10 is Lennar Mortgage, the lender for Lennar Homes, the second-largest home builder in the U.S. While business fell for some lenders, builder’s lenders were able to offer homes (when resale homes were sparse) and lower rates: they could use home sale profits to buy down rates by as much as 2%.
5. CrossCountry Mortgage
As another company that focuses on local branches, CrossCountry was the #1 direct-to-consumer lender for homebuyers by overall originations in 2024. So it’s not surprising it ended up in the top five for FHA lending in 2025.
6. Guild Mortgage
Guild acquired four mortgage companies back in 2023, according to National Mortgage Professional, helping boost their FHA lending business in recent years. The company focuses on home purchases and was recently recognized as Zillow’s most five-star-rated lender for the third year in a row.
7. Fairway Independent Mortgage Corp.
Fairway takes the local approach, operating over 345 branches nationwide, according to the company’s LinkedIn page. Fairway was ranked in the top 10 for Mortgage Origination Customer Satisfaction by J.D. Power in 2025, likely helping to grow its FHA business.
8. LoanDepot
Founded in 2010, California-based LoanDepot takes the #8 spot on the list of the top 10 biggest FHA lenders in 2025. According to its website, the company focuses on a “straightforward mortgage experience” and uses proprietary technology to speed up the process and gather paperwork for you via direct mortgage verification.
9. CMG Mortgage
Since its modest beginning as a seven-person brokerage in 1993, CMG Mortgage has expanded to more than 240 retail locations, issuing home loans in all 50 states and the District of Columbia. The company ranks #9 in FHA purchase loans for 2025, originating a total of 13,106 mortgages for homebuyers.
10. New American Funding
Rounding out the list of the 10 biggest FHA lenders for homebuyers is California-based New American Funding. The company, functioning primarily as a direct lender, issued 11,917 FHA purchase loans during the year. In addition to lending, they also operate as a mortgage servicer with a servicing portfolio valued at over $72 billion, according to their website.
The Importance of FHA to Homebuyers
The FHA loan program has helped millions of renters become homeowners when they could not have qualified for other financing.
Conventional loans based on Fannie Mae and Freddie Mac guidelines are great – but work best if you have a relatively high income and a 680+ credit score. Conventional loans are risk-based; they can get expensive for lower-credit buyers.
FHA, though, allows first-time and repeat buyers to access credit at more flexible and affordable terms.
And while FHA loan myths persist, buyers who research the program find that the benefits generally outweigh the drawbacks.
If you’re in the market to buy a home, but think you won’t qualify, speak to a reputable FHA lender to see if you can get approved.
Find Your FHA Lender
Nearly 1,200 lenders issued FHA purchase loans in 2025; chances are, any lender you contact will offer them. However, not all mortgage companies are equal, with some offering better customer service and a more streamlined borrowing process than others.
We’ll connect you with a vetted and experienced FHA lender here.
