Wells Fargo Largest Mortgage Lender in 3Q
Wells Fargo Largest Mortgage Lender in 3Q
Wells Fargo Largest Mortgage Lender in 3Q
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November 8 2010 (Shirley Allen)

Wells Fargo & Co, with more than $100 billion in residential loan originations, was the largest originator of home loans in the United States in the third quarter of 2010.

Mortgage originations represent transactions where the purchase of a home is financed or an existing mortgage is refinanced. In either case, the borrower — who is the consumer in the transaction — must attend a loan closing and sign a myriad of loan documents.

During the third quarter, U.S. mortgage originations were up one-third from the second quarter, but were down 37 percent from the third-quarter 2009.

Here’s a listing of the top ten residential mortgage loan originators in the United States for the third quarter 2010:

Rank Q3 Q2
1 Wells Wells
2 BofA BofA
3 Chase Chase
4 GMAC GMAC
5 Citigroup Citigroup
6 US Bank US Bank
7 PHH PHH
8 Quicken SunTrust
9 SunTrust Flagstar
10 Flagstar Quicken & MetLife

Tags: mortgage lender, mortgage originator, mortgage, loan closing, mortgage originations, wells fargo, residential mortgage loan, mortgage loan

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

November 8 2010 (Shirley Allen)

Wells Fargo & Co, with more than $100 billion in residential loan originations, was the largest originator of home loans in the United States in the third quarter of 2010.

Mortgage originations represent transactions where the purchase of a home is financed or an existing mortgage is refinanced. In either case, the borrower — who is the consumer in the transaction — must attend a loan closing and sign a myriad of loan documents.

During the third quarter, U.S. mortgage originations were up one-third from the second quarter, but were down 37 percent from the third-quarter 2009.

Here’s a listing of the top ten residential mortgage loan originators in the United States for the third quarter 2010:

Rank Q3 Q2
1 Wells Wells
2 BofA BofA
3 Chase Chase
4 GMAC GMAC
5 Citigroup Citigroup
6 US Bank US Bank
7 PHH PHH
8 Quicken SunTrust
9 SunTrust Flagstar
10 Flagstar Quicken & MetLife

Tags: mortgage lender, mortgage originator, mortgage, loan closing, mortgage originations, wells fargo, residential mortgage loan, mortgage loan

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools

November 8 2010 (Shirley Allen)

Wells Fargo & Co, with more than $100 billion in residential loan originations, was the largest originator of home loans in the United States in the third quarter of 2010.

Mortgage originations represent transactions where the purchase of a home is financed or an existing mortgage is refinanced. In either case, the borrower — who is the consumer in the transaction — must attend a loan closing and sign a myriad of loan documents.

During the third quarter, U.S. mortgage originations were up one-third from the second quarter, but were down 37 percent from the third-quarter 2009.

Here’s a listing of the top ten residential mortgage loan originators in the United States for the third quarter 2010:

Rank Q3 Q2
1 Wells Wells
2 BofA BofA
3 Chase Chase
4 GMAC GMAC
5 Citigroup Citigroup
6 US Bank US Bank
7 PHH PHH
8 Quicken SunTrust
9 SunTrust Flagstar
10 Flagstar Quicken & MetLife

Tags: mortgage lender, mortgage originator, mortgage, loan closing, mortgage originations, wells fargo, residential mortgage loan, mortgage loan

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.