Flagstar Bank · Nevada · 2025

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

Flagstar Bank took 130 mortgage applications in Nevada in 2025, ranking #130 of 627 lenders active in the state. It originated 46.2% of them and denied 26.2% (36.2% of the applications it decided), against a statewide denial rate of 17.5%.

130Applicationsin NV
36.2%Decision denial ratestate 22.2%
6.60%Median ratestate 6.63%
$345,000Median loanstate $305,000
$37MVolume5 counties

Flagstar Bank in Nevada vs the state

26.2%Denial rate+8.70 pts vs state
36.2%Decision denial rate+13.95 pts vs state
46.2%Origination rate-11.56 pts vs state
6.60%Median rate-0.03 pts vs state
0.24Rate spread (pts)-0.06 pts vs state
$144kMedian applicant income
60Loans originated
34Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202368637327.8%7.13%#38
202443021030.5%7.13%#53
20251306026.2%6.60%#130

What Flagstar Bank lends in Nevada

By loan purpose

Home purchase 46 35% · 26.1% denied
Refinance 28 22% · 32.1% denied
Cash-out refinance 50 38% · 26.0% denied
Home improvement 3 2% · 0.0% denied
Other / HELOC 3 2% · 0.0% denied

By loan type

Conventional 113 87% · 23.9% denied
FHA 11 8% · 36.4% denied
VA 6 5% · 50.0% denied

Why it denied Nevada applicants

Debt-to-income ratio 15 44%
Incomplete application 9 26%
Other 4 12%
Credit history 3 9%
Collateral 2 6%
Unverifiable information 1 3%

Where in Nevada

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1044625 24.0%
Washoe County 20134 20.0%
Douglas County 312 66.7%
Nye County 202 100.0%
Carson City 101 100.0%

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: 130 applications in 2025, of which 60 were originated and 34 denied.

26.2% of all applications, or 36.2% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Flagstar Bank originated in Nevada in 2025 was 6.60%, against a statewide median of 6.63%.

About this data. Figures are Flagstar 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