Foundation Mortgage · Nevada · 2025

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

Foundation Mortgage took 30 mortgage applications in Nevada in 2025, ranking #249 of 627 lenders active in the state. It originated 50.0% of them and denied 26.7% (27.6% of the applications it decided), against a statewide denial rate of 17.5%.

30Applicationsin NV
27.6%Decision denial ratestate 22.2%
7.38%Median ratestate 6.63%
$500,000Median loanstate $305,000
$10MVolume1 counties

Foundation Mortgage in Nevada vs the state

26.7%Denial rate+9.22 pts vs state
27.6%Decision denial rate+5.37 pts vs state
50.0%Origination rate-7.71 pts vs state
7.38%Median rate+0.75 pts vs state
1.64Rate spread (pts)+1.34 pts vs state
$141kMedian applicant income
15Loans originated
8Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202416818.8%7.75%#283
2025301526.7%7.38%#249

What Foundation Mortgage lends in Nevada

By loan purpose

Home purchase 19 63% · 10.5% denied
Refinance 11 37% · 54.6% denied

By loan type

Conventional 30 100% · 26.7% denied

Why it denied Nevada applicants

Unverifiable information 3 38%
Credit history 2 25%
Collateral 2 25%
Insufficient cash 1 13%

Where in Nevada

Counties with the most Foundation Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 30158 26.7%

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: 30 applications in 2025, of which 15 were originated and 8 denied.

26.7% of all applications, or 27.6% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Foundation Mortgage originated in Nevada in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Foundation 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