American Financing · Nevada · 2025

American Financing in Nevada: approval rate, denial rate and rates (2025)

American Financing took 220 mortgage applications in Nevada in 2025, ranking #99 of 627 lenders active in the state. It originated 15.9% of them and denied 51.8% (66.7% of the applications it decided), against a statewide denial rate of 17.5%.

220Applicationsin NV
66.7%Decision denial ratestate 22.2%
5.99%Median ratestate 6.63%
$325,000Median loanstate $305,000
$9.9MVolume11 counties

American Financing in Nevada vs the state

51.8%Denial rate+34.37 pts vs state
66.7%Decision denial rate+44.45 pts vs state
15.9%Origination rate-41.80 pts vs state
5.99%Median rate-0.63 pts vs state
0.09Rate spread (pts)-0.20 pts vs state
$92kMedian applicant income
35Loans originated
114Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023911053.9%6.00%#137
20242014755.7%6.25%#94
20252203551.8%5.99%#99

What American Financing lends in Nevada

By loan purpose

Home purchase 2 1% · 0.0% denied
Refinance 44 20% · 77.3% denied
Cash-out refinance 173 79% · 46.2% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 72 33% · 43.1% denied
FHA 130 59% · 55.4% denied
VA 18 8% · 61.1% denied

Why it denied Nevada applicants

Other 41 36%
Credit history 32 28%
Debt-to-income ratio 25 22%
Unverifiable information 5 4%
Collateral 5 4%
Incomplete application 4 4%
Employment history 1 1%
Insufficient cash 1 1%

Where in Nevada

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1472080 54.4%
Washoe County 38419 50.0%
Nye County 1035 50.0%
Lyon County 705 71.4%
Carson City 421 25.0%
Douglas County 411 25.0%
Humboldt County 320 0.0%
Lander County 211 50.0%
Elko County 211 50.0%
Pershing County 110 0.0%

Other large lenders in Nevada

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 6,91311.4%6.31%
Rocket MortgageC 6,88915.4%6.88%
Guild MortgageA 5,5332.6%6.50%
AMERICA FIRST Federal Credit UnionC 3,87328.6%7.24%
U.S. BankD 3,74540.2%7.65%
Bank of AmericaF 3,29635.9%6.24%
Pennymac Loan ServicesC 3,18812.5%6.62%
Navy Federal Credit UnionD 2,57924.5%7.75%
Broker SolutionsD 2,5598.9%6.75%
Dhi Mortgage CompanyB 2,5496.8%4.99%

Frequently asked questions

Nevada: 220 applications in 2025, of which 35 were originated and 114 denied.

51.8% of all applications, or 66.7% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans American Financing originated in Nevada in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are American Financing's own HMDA filing for properties located in Nevada, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology