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Michael Davis

Michael Davis

Loan Officer
Movement Mortgage
NMLS ID # 1855056
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Movement Mortgage ranked No. 7 nationwide in purchase volume

By: Movement Staff
junio 12, 2017

Strong first quarter puts Movement in top 10 in U.S. for VA and FHA lending

Movement Mortgage ranked 7th out of all national purchase mortgage lenders, according to an analysis of local real estate data, with purchase loan volume of more than $2.3 billion across 10,598 units in the first quarter of 2017.

The results show Movement's continued growth as a national purchase mortgage competitor. The company ranked No. 10 nationally in 2016 for retail mortgage lending, according to Scotsman's Guide.

Movement Mortgage in the first three months of 2017 also attained top 10 positions in both Veterans Administration and Federal Housing Administration lending. Movement is 9th overall in FHA loans in the first quarter, according to Inside Mortgage Finance, and is currently 7th overall through March 31 in VA loans, according to the Department of Veteran's Affairs.

Movement has a top five market share position in the following markets.

  • Augusta-Richmond County, Ga.-S.C.
  • Charleston-North Charleston, S.C.
  • Charlotte-Gastonia-Concord, N.C.-S.C. Metro
  • Charlottesville, Va.
  • Columbia, S.C.
  • Danville, Va.
  • Durham-Chapel Hill, N.C.
  • Fayetteville, N.C.
  • Florence, S.C.
  • Goldsboro, N.C.
  • Greensboro-High Point, N.C.
  • Greenville-Anderson-Mauldin, S.C.
  • Hickory-Lenoir-Morganton, N.C.
  • Hilton Head Island-Bluffton-Beaufort, S.C.
  • Jacksonville, N.C.
  • Knoxville, Tenn.
  • Monroe, La.
  • New Bern, N.C.
  • New Orleans-Metairie, La.
  • Outer Banks, N.C.
  • Parkersburg, W. Va.
  • Raleigh, N.C.
  • Richmond, Va.
  • Roanoke-Lynchburg, Va.
  • Spartanburg, S.C.
  • Virginia Beach-Norfolk-Newport News, Va.
  • York-Hanover, Pa.

Download the PDF version of this press release.

Author: Movement Staff

The Market Update is a weekly commentary compiled by a group of Movement Mortgage capital markets analysts with decades of combined expertise in the financial field. Movement's staff helps take complicated economic topics and turn them into a useful, easy to understand analysis to help you make the best decisions for your financial future.

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Michael Davis
Michael Davis
Loan Officer
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550 Westcott St, Ste 460, Houston, TX 77007
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