Top 10 U.S. Metros Leading the Yearly Growth in Purchase Mortgage Originations

ATTOM’s Q3 2025 U.S. Residential Property Mortgage Origination Report shows that lenders issued 1.77 million mortgages secured by 1- to 4-unit residential properties in the third quarter of 2025. This total represents a 1.6% decline from the previous quarter but a 1.9% increase compared to the same period a year earlier.

WATCH: ATTOM #FiguresFriday – Top 10 U.S. Metros with Annual Growth in Purchase Mortgage Originations in Q3 2025

According to the report, total dollar volume reached $600.4 billion, down 3.1% from Q2 2025 but up 3.1% from a year earlier. Purchase lending fell both quarter over quarter and year over year, while refinance activity and HELOC originations posted gains on both fronts.

Also, according to ATTOM’s latest report, purchase mortgage originations declined to 765,667 in Q3 2025, a drop of 4.8% from the prior quarter and 6.6% from Q3 2024. Corresponding dollar volume fell to $309.6 billion, down 5.2% quarter over quarter and 3.3% year over year.

ATTOM’s Q3 2025 mortgage origination report stated that purchase loans made up 43.2% of all originations and 51.6% of total dollar volume, down from 44.6% and 52.7%, respectively, in Q2 2025.

In this post we dive into the data behind ATTOM’s latest mortgage origination report highlighting the top 10 U.S. metros, with a population of at least 200,000 and at least 1,000 total mortgages in the third quarter of 2025, with the largest annual increases in purchase mortgage originations for Q3 2025, along with the loan numbers driving that growth.

Those top markets include:

1. South Bend, IN
   • Yearly Increase in Purchase Mortgage Originations: 51.7 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 937
   • Count of Q3 2025 Purchase Mortgage Originations: 1,421
2. Indianapolis, IN
   • Yearly Increase in Purchase Mortgage Originations: 51.4 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 6,232
   • Count of Q3 2025 Purchase Mortgage Originations: 9,433
3. Honolulu, HI
   • Yearly Increase in Purchase Mortgage Originations: 45.9 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 1,700
   • Count of Q3 2025 Purchase Mortgage Originations: 2,481
4. Buffalo, NY
   • Yearly Increase in Purchase Mortgage Originations: 38.3 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 2,031
   • Count of Q3 2025 Purchase Mortgage Originations: 2,820
5. Tucson, AZ
   • Yearly Increase in Purchase Mortgage Originations: 28.8 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 2,490
   • Count of Q3 2025 Purchase Mortgage Originations: 3,206
6. Fort Wayne, IN
   • Yearly Increase in Purchase Mortgage Originations: 21.6 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 1,530
   • Count of Q3 2025 Purchase Mortgage Originations: 1,860
7. Evansville, IN
   • Yearly Increase in Purchase Mortgage Originations: 21.3 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 865
   • Count of Q3 2025 Purchase Mortgage Originations: 1,049
8. Davenport, IA
   • Yearly Increase in Purchase Mortgage Originations: 14.9 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 987
   • Count of Q3 2025 Purchase Mortgage Originations: 1,134
9. Youngstown, OH
   • Yearly Increase in Purchase Mortgage Originations: 12.6 percent
   • Count of Q3 2024 Purchase Mortgage Originations: 1,224
   • Count of Q3 2025 Purchase Mortgage Originations: 1,378
10. Phoenix, AZ
    • Yearly Increase in Purchase Mortgage Originations: 12.5 percent
    • Count of Q3 2024 Purchase Mortgage Originations: 15,516
    • Count of Q3 2025 Purchase Mortgage Originations: 17,463

Want to learn more about mortgage origination trends in your area? Contact us to find out how!