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Michael Davis

Michael Davis

Loan Officer
Movement Mortgage
NMLS ID # 1855056
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Movement Mortgage holds No. 7 nationwide purchase volume ranking

By: Movement Staff
septiembre 7, 2017

Strong second quarter keeps Movement in top 10 in U.S. for VA and FHA lending

FORT MILL, S.C. — 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 $2.2 billion across 9,915 units in the second quarter of 2017. From the beginning of the year through June 30th, Movement achieved purchase loan volume of more than $4.6 billion across 20,513 units.

Movement Mortgage in the second quarter of 2017 also retained top 10 rankings in both Veterans Administration and Federal Housing Administration lending. Movement is 8th overall in FHA purchase loans in the second quarter, according to Inside Mortgage Finance, and remains 7th overall through June 31 in VA purchase loans, according to the Department of Veterans Affairs.

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

Asheville, N.C.

Augusta-Richmond County, Ga.

Charleston-North Charleston, S.C.

Charlotte-Gastonia-Concord, N.C.-S.C.

Charlottesville, Va.

Columbia, S.C.

Danville, Va.

Durham-Chapel Hill, N.C.

El Paso, Texas

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.

Huntington, W.Va.

Jacksonville, N.C.

Knoxville, Tenn.

Monroe, La.

New Bern, N.C.

New Orleans-Metairie, La.

North Port-Sarasota-Bradenton, Fla.

Outer Banks, N.C.

Parkersburg, W.Va.

Raleigh, N.C.

Richmond, Va.

Roanoke/Lynchburg, Va.

Spartanburg, S.C.

Virginia Beach-Norfolk-Newport News, Va.

Wilmington, N.C.

York-Hanover, Pa.

Download the PDF version of this 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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NMLS # 1855056

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