Greater Nevada · Nevada · 2025

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

Greater Nevada took 806 mortgage applications in Nevada in 2025, ranking #41 of 627 lenders active in the state. It originated 78.7% of them and denied 7.0% (8.1% of the applications it decided), against a statewide denial rate of 17.5%.

806Applicationsin NV
8.1%Decision denial ratestate 22.2%
6.38%Median ratestate 6.63%
$265,000Median loanstate $305,000
$177MVolume16 counties

Greater Nevada in Nevada vs the state

7.0%Denial rate-10.50 pts vs state
8.1%Decision denial rate-14.10 pts vs state
78.7%Origination rate+20.95 pts vs state
6.38%Median rate-0.25 pts vs state
-0.15Rate spread (pts)-0.44 pts vs state
$119kMedian applicant income
634Loans originated
56Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237666394.8%8.00%#34
20247616228.0%8.50%#40
20258066347.0%6.38%#41

What Greater Nevada lends in Nevada

By loan purpose

Home purchase 407 50% · 5.2% denied
Refinance 83 10% · 10.8% denied
Home improvement 316 39% · 8.2% denied

By loan type

Conventional 745 92% · 6.7% denied
FHA 42 5% · 14.3% denied
VA 15 2% · 0.0% denied
USDA / RHS 4 0% · 0.0% denied

Why it denied Nevada applicants

Debt-to-income ratio 30 54%
Other 8 14%
Collateral 7 13%
Credit history 7 13%
Unverifiable information 3 5%
Employment history 1 2%

Where in Nevada

Counties with the most Greater Nevada applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washoe County 33225918 5.4%
Clark County 1148513 11.4%
Carson City 106897 6.6%
Lyon County 87695 5.7%
Douglas County 78617 9.0%
Elko County 36321 2.8%
White Pine County 18131 5.6%
Churchill County 14131 7.1%
Nye County 851 12.5%
Eureka County 421 25.0%

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: 806 applications in 2025, of which 634 were originated and 56 denied.

7.0% of all applications, or 8.1% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Greater Nevada originated in Nevada in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Greater Nevada'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