Commerce Home Mortgage · Nevada · 2025

Commerce Home Mortgage in Nevada: approval rate, denial rate and rates (2025)

Commerce Home Mortgage took 115 mortgage applications in Nevada in 2025, ranking #137 of 627 lenders active in the state. It originated 62.6% of them and denied 7.0% (10.0% of the applications it decided), against a statewide denial rate of 17.5%.

115Applicationsin NV
10.0%Decision denial ratestate 22.2%
7.06%Median ratestate 6.63%
$395,000Median loanstate $305,000
$43MVolume6 counties

Commerce Home Mortgage in Nevada vs the state

7.0%Denial rate-10.49 pts vs state
10.0%Decision denial rate-12.22 pts vs state
62.6%Origination rate+4.90 pts vs state
7.06%Median rate+0.44 pts vs state
0.74Rate spread (pts)+0.45 pts vs state
$228kMedian applicant income
72Loans originated
8Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023752816.0%7.94%#149
20241085313.0%7.38%#141
2025115727.0%7.06%#137

What Commerce Home Mortgage lends in Nevada

By loan purpose

Home purchase 78 68% · 3.9% denied
Refinance 13 11% · 15.4% denied
Cash-out refinance 24 21% · 12.5% denied

By loan type

Conventional 111 97% · 7.2% denied
FHA 3 3% · 0.0% denied
VA 1 1% · 0.0% denied

Why it denied Nevada applicants

Credit history 3 38%
Other 2 25%
Collateral 1 13%
Incomplete application 1 13%
Debt-to-income ratio 1 13%

Where in Nevada

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 82476 7.3%
Washoe County 20161 5.0%
Carson City 521 20.0%
Elko County 330 0.0%
Douglas County 330 0.0%
Lyon County 210 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: 115 applications in 2025, of which 72 were originated and 8 denied.

7.0% of all applications, or 10.0% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Commerce Home Mortgage originated in Nevada in 2025 was 7.06%, against a statewide median of 6.63%.

About this data. Figures are Commerce Home Mortgage'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