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Strong third quarter shows Movement’s growing influence in FHA lending

Movement Mortgage, a top 10 national retail mortgage lender, in the third quarter maintained its top-10 ranking among lenders offering mortgages that encourage homeownership for military veterans, first-time buyers and low- to moderate-income families.

For the months spanning July to September, Movement ranked No. 7 nationwide of all lenders offering loans backed by the Federal Housing Administration with a purchase volume of $862 million, according to Inside Mortgage Finance. That’s a more than 4 percent increase from the second quarter when Movement ranked No. 8 among lenders offering FHA loans.

The company also ranked No. 7 among national lenders offering purchase loans guaranteed through the Department of Veterans Affairs, according to the VA.

Overall, Movement ranks No. 8 among all national purchase mortgage lenders with $7.5 billion in purchase volume across 33,237 units. Movement has top five market share in the following markets:

Movement has top five market share in the following markets:

  • Asheville, North Carolina
  • Augusta-Richmond County, Georgia
  • Burlington, North Carolina
  • Charleston-North Charleston, South Carolina
  • Charlotte-Gastonia-Concord, North Carolina-South Carolina
  • Charlottesville, Virginia
  • Columbia, South Carolina
  • Danville, Virginia
  • Durham-Chapel Hill, North Carolina
  • El Paso, Texas
  • Fayetteville, North Carolina
  • Florence, South Carolina
  • Fredericksburg, Virginia
  • Goldsboro, North Carolina
  • Greensboro-High Point, North Carolina.
  • Greenville-Anderson-Mauldin, South Carolina
  • Hickory-Lenoir-Morganton, North Carolina
  • Hilton Head Island-Bluffton-Beaufort, South Carolina
  • Jacksonville, Florida
  • Jacksonville, North Carolina
  • Knoxville, Tennessee
  • Monroe, Louisiana
  • New Bern, North Carolina
  • New Orleans-Metairie, Louisiana
  • North Port-Sarasota-Bradenton, Florida
  • Outer Banks, North Carolina
  • Parkersburg, West Virginia
  • Raleigh, North Carolina
  • Richmond, Virginia
  • Roanoke-Lynchburg, Virginia
  • Salisbury, Delaware
  • Spartanburg, South Carolina
  • Virginia Beach-Norfolk-Newport News, Virginia-North Carolina
  • Wilmington, North Carolina
  • York-Hanover, Pennsylvania

Download the PDF version of this release.

About the Author:

Jonathan McFadden

Jonathan McFadden is a copywriter for Movement Mortgage and contributing author to the Movement Blog. A former newspaper reporter, he is a fan of compelling, narrative storytelling, despises cliches and believes the Oxford comma should be outlawed. When he’s not writing for Movement, he serves at his church, works a side hustle and eats — a lot.