Today we’re starting a new segment on the Local Insights blog. Every month we’ll break down the mortgage market leaders and examine how they compare by three property types, single family residential, multi-family residential, and commercial.

Single Family Residential Mortgages

In April, there were 1,137 mortgages on single family residential properties. This is pretty much in line with March, which closed with 1,218 mortgages on SFRs. Since I wrote about this previously, it’s pretty unsurprising to see the leaderboard.
 

  1. First Republic Bank - 150
  2. Wells Fargo - 85
  3. Bank of America - 71
  4. Quicken Loans - 47
  5. JP Morgan Chase - 44
  6. MFG Union Bank - 32
  7. Citibank - 29
  8. US Bank - 22
  9. SF Fire Credit Union - 21
  10. Bank of the West - 20

Multi-Famliy Residential

Compared to the single family segment, there were significantly less multi-family mortgages, but this makes sense as there are significantly less multi-family properties in SF. For April, there were only 365 mortgages on Multi-Family properties, which is an increase 10 from March, so also pretty steady.
 

  1. First Republic Bank - 51
  2. Wells Fargo - 24
  3. JP Morgan Chase - 13
  4. SF Fire Credit Union - 11
  5. Bank of Marin - 11
  6. Sterling Bank - 10
  7. Bank of America - 10
  8. Quicken Loans - 10
  9. Bank of the Orient - 9
  10. Citibank - 8

Commercial Mortgages

The commercial segment includes office, hotel, retail, and miscellaneous property types like timeshares. There were 115 commercial mortgages last month. The winners are…
 

  1. Wyndham Vacation Resorts - 30
  2. First Republic Bank - 10
  3. Loan Oak Fund - 8
  4. Fremont Bank - 7
  5. Bank of the Internet - 5
  6. JP Morgan Chase - 5
  7. New Resource Bank - 4
  8. First National Bank Of Northern California - 4
  9. Bank of the West - 3
  10. SFCC - 3

Wyndham is the market leader, which doesn’t make sense considering they’re not really a traditional lender, but they’re focused entirely exclusive in the timeshare market, and that falls under our classification.

Data courtesy of Local Insights

Mike Hardy

Mike is the founder of Local Insights, a real-time data provider for property records, building permits, and tax assessments

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