Bay Equity in Nevada vs the state
5.9%Denial rate-11.57 pts vs state
7.3%Decision denial rate-14.90 pts vs state
72.6%Origination rate+14.84 pts vs state
6.63%Median rate0.00 pts vs state
0.13Rate spread (pts)-0.16 pts vs state
$128kMedian applicant income
74Loans originated
6Denied
Trend in Nevada
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 193 | 108 | 3.1% | 6.38% | #89 |
| 2024 | 202 | 127 | 4.0% | 6.63% | #93 |
| 2025 | 102 | 74 | 5.9% | 6.63% | #143 |
What Bay Equity lends in Nevada
By loan purpose
By loan type
Why it denied Nevada applicants
Where in Nevada
Counties with the most Bay Equity applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 93 | 66 | 6 | 6.5% |
| Washoe County | 6 | 5 | 0 | 0.0% |
| Nye County | 2 | 2 | 0 | 0.0% |
| Douglas County | 1 | 1 | 0 | 0.0% |
Other large lenders in Nevada
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 6,913 | 11.4% | 6.31% |
| Rocket Mortgage | C | 6,889 | 15.4% | 6.88% |
| Guild Mortgage | A | 5,533 | 2.6% | 6.50% |
| AMERICA FIRST Federal Credit Union | C | 3,873 | 28.6% | 7.24% |
| U.S. Bank | D | 3,745 | 40.2% | 7.65% |
| Bank of America | F | 3,296 | 35.9% | 6.24% |
| Pennymac Loan Services | C | 3,188 | 12.5% | 6.62% |
| Navy Federal Credit Union | D | 2,579 | 24.5% | 7.75% |
| Broker Solutions | D | 2,559 | 8.9% | 6.75% |
| Dhi Mortgage Company | B | 2,549 | 6.8% | 4.99% |
Frequently asked questions
Nevada: 102 applications in 2025, of which 74 were originated and 6 denied.
5.9% of all applications, or 7.3% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.
The median rate on loans Bay Equity originated in Nevada in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Bay Equity'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