Fairway Independent Mortgage · Nevada · 2025

Fairway Independent Mortgage in Nevada: approval rate, denial rate and rates (2025)

Fairway Independent Mortgage took 620 mortgage applications in Nevada in 2025, ranking #47 of 627 lenders active in the state. It originated 74.2% of them and denied 4.4% (5.5% of the applications it decided), against a statewide denial rate of 17.5%.

620Applicationsin NV
5.5%Decision denial ratestate 22.2%
6.75%Median ratestate 6.63%
$355,000Median loanstate $305,000
$176MVolume11 counties

Fairway Independent Mortgage in Nevada vs the state

4.4%Denial rate-13.10 pts vs state
5.5%Decision denial rate-16.74 pts vs state
74.2%Origination rate+16.48 pts vs state
6.75%Median rate+0.13 pts vs state
0.43Rate spread (pts)+0.13 pts vs state
$111kMedian applicant income
460Loans originated
27Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,0857884.5%6.75%#24
202495362110.8%6.99%#37
20256204604.4%6.75%#47

What Fairway Independent Mortgage lends in Nevada

By loan purpose

Home purchase 510 82% · 4.1% denied
Refinance 49 8% · 4.1% denied
Cash-out refinance 40 6% · 10.0% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 18 3% · 0.0% denied

By loan type

Conventional 388 63% · 3.9% denied
FHA 148 24% · 5.4% denied
VA 84 14% · 4.8% denied

Why it denied Nevada applicants

Debt-to-income ratio 12 44%
Collateral 6 22%
Unverifiable information 3 11%
Other 2 7%
Credit history 2 7%
Incomplete application 1 4%
Insufficient cash 1 4%

Where in Nevada

Counties with the most Fairway Independent Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 51738224 4.6%
Washoe County 38290 0.0%
Nye County 20140 0.0%
Lander County 1190 0.0%
Elko County 1062 20.0%
Humboldt County 10100 0.0%
Douglas County 530 0.0%
Lyon County 440 0.0%
Carson City 220 0.0%
Churchill County 211 50.0%

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: 620 applications in 2025, of which 460 were originated and 27 denied.

4.4% of all applications, or 5.5% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Fairway Independent Mortgage originated in Nevada in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Fairway Independent 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