Movement ranks 7th in nation for offering FHA, VA loans
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
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