Cathay Bank in Nevada vs the state
12.2%Denial rate-5.25 pts vs state
13.5%Decision denial rate-8.71 pts vs state
78.1%Origination rate+20.34 pts vs state
6.25%Median rate-0.38 pts vs state
-0.88Rate spread (pts)-1.18 pts vs state
$85kMedian applicant income
32Loans originated
5Denied
Trend in Nevada
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 61 | 40 | 16.4% | 6.00% | #170 |
| 2024 | 38 | 26 | 5.3% | 6.44% | #217 |
| 2025 | 41 | 32 | 12.2% | 6.25% | #225 |
What Cathay Bank lends in Nevada
By loan purpose
By loan type
Why it denied Nevada applicants
Where in Nevada
Counties with the most Cathay Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 39 | 30 | 5 | 12.8% |
| Washoe County | 2 | 2 | 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: 41 applications in 2025, of which 32 were originated and 5 denied.
12.2% of all applications, or 13.5% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.
The median rate on loans Cathay Bank originated in Nevada in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Cathay 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