Nonbank Lenders Originate Two-Thirds of All U.S. Mortgages. Here’s Why

Nonbank lenders, mortgage companies that are not banks or credit unions, originated 64.2% of home purchase loans in the United States in 2025, against 30.1% for banks, according to the National Community Reinvestment Coalition’s analysis of full-year 2025 HMDA data, published July 2026. That’s almost two-thirds of the market, down slightly from 66.1% in 2024, […] The post Nonbank Lenders Originate Two-Thirds of All U.S. Mortgages.