If there have been a Hall of Fame for Scotsman Guide Top Originators, it’s secure to say that Rate’s Shant Banosian could be chosen on the primary poll.
Repeating last year’s title, Banosian closed greater than $1 billion in mortgage quantity final yr, incomes the highest slot for our 2026 Top Originators. This is the sixth time since 2018 that the Waltham, Mass.-based originator has held the place on the high of those rankings. Like the good majority of this yr’s high originators, purchases made up the majority of his closings, with 77% in comparison with 19% refinances and 4% second mortgages.
The 2024 high spot had gone to Mark Cohen of Cohen Financial Group in California. For the second consecutive yr, Cohen was runner-up to Banosian, however once more, it was shut. While Banosian closed $1.04 billion, Cohen closed 692 loans for a complete greenback quantity of $933.7 million (63% purchases and 37% refinances).
By closed loans, Banosian ended the yr with 1,561, which is 210 extra closings than second-place finisher Jeffrey Miller from Truss Financial Group in California. There have been seven originators who completed the yr with greater than 1,000 loans closed.
In third place for Top Dollar Volume, Ben Cohen of Rate produced a powerful $718.3 million on 1,050 closings, simply forward of fourth-place finisher Jarret Coleman of U.S. Bank in Connecticut. Coleman produced $711.2 million on 683 loans. Brian Minkow of CMG Home Loans in California closed out the highest 5 with $502.3 million on 403 closings.
Rounding out the highest 10 for greenback quantity have been Andrew Marquis of CrossCountry Mortgage ($501 million, 690 closed loans); Baret Kechian of loanDepot ($482.3 million, 708 closed loans); Miller ($474.1 million, 1,351 closed loans); Ameer Katifi of Trusted Mortgage Capital ($445.4 million, 1,118 closed loans); and Matt Weaver of CrossCountry ($427.6 million, 1,224 closed loans).
The originators who certified for this yr’s rankings produced an combination whole of $324 billion in 2025 on 795,000 closed loans. This is properly above the $254 billion originated in 2024 on 645,000 closings.
Combined, 2025’s high 150 originators closed $36.3 billion in loans, for a complete of 58,920 closings. They averaged 66% purchases, 29% refinances and 4% second mortgages.
For the primary time ever, Scotsman Guide is recognizing the annual manufacturing of the Top Private Originators. There was a complete of $5.3 billion originated, with 12,106 loans closed amongst our 54 entrants. Paul Shaughnessy of Renovo Financial in Massachusetts led the class with a complete greenback quantity of $354.8 million from 549 closed loans.
Shaughnessy was adopted by Israel Lopez of Vontive/Certain Lending in Washington, who closed 271 loans for $230.9 million; Matt Ferrigno of RCN Capital in Connecticut, closing 852 loans (essentially the most by 273 loans) for $216.1 million; and Aubrey Kozer of HouseMax Funding in Texas, who closed $207.4 million from 546 loans.
Top Non-QM Volume was dominated by Mark Cohen, who closed 262 non-qualified mortgage loans price $417.1 million. Miller, who completed second in closings total, had essentially the most non-QM closings with 569 for a complete greenback quantity of $325.9 million. Dustin Rosenberg of Convoy Home Loans in California did all his 2025 enterprise within the non-QM phase, closing 460 loans for $312.7 million.
Congratulations to those that ascended to such nice heights!
