Armed Forces Bank · Nevada · 2025

Armed Forces Bank in Nevada: approval rate, denial rate and rates (2025)

Armed Forces Bank took 41 mortgage applications in Nevada in 2025, ranking #224 of 627 lenders active in the state. It originated 63.4% of them and denied 9.8% (13.3% of the applications it decided), against a statewide denial rate of 17.5%.

41Applicationsin NV
13.3%Decision denial ratestate 22.2%
6.06%Median ratestate 6.63%
$425,000Median loanstate $305,000
$14MVolume2 counties

Armed Forces Bank in Nevada vs the state

9.8%Denial rate-7.69 pts vs state
13.3%Decision denial rate-8.89 pts vs state
63.4%Origination rate+5.70 pts vs state
6.06%Median rate-0.56 pts vs state
-0.44Rate spread (pts)-0.74 pts vs state
$133kMedian applicant income
26Loans originated
4Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023392612.8%6.50%#215
202448288.3%6.56%#207
202541269.8%6.06%#224

What Armed Forces Bank lends in Nevada

By loan purpose

Home purchase 24 59% · 4.2% denied
Refinance 7 17% · 14.3% denied
Cash-out refinance 6 15% · 0.0% denied
Other / HELOC 4 10% · 50.0% denied

By loan type

Conventional 8 20% · 12.5% denied
VA 33 80% · 9.1% denied

Why it denied Nevada applicants

Incomplete application 2 50%
Credit history 2 50%

Where in Nevada

Counties with the most Armed Forces Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 40254 10.0%
Washoe 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: 41 applications in 2025, of which 26 were originated and 4 denied.

9.8% of all applications, or 13.3% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Armed Forces Bank originated in Nevada in 2025 was 6.06%, against a statewide median of 6.63%.

About this data. Figures are Armed Forces Bank'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