GTE Federal Credit Union · Nevada · 2025

GTE Federal Credit Union in Nevada: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 27 mortgage applications in Nevada in 2025, ranking #253 of 627 lenders active in the state. It originated 63.0% of them and denied 25.9% (29.2% of the applications it decided), against a statewide denial rate of 17.5%.

27Applicationsin NV
29.2%Decision denial ratestate 22.2%
8.00%Median ratestate 6.63%
$105,000Median loanstate $305,000
$2.2MVolume6 counties

GTE Federal Credit Union in Nevada vs the state

25.9%Denial rate+8.48 pts vs state
29.2%Decision denial rate+6.95 pts vs state
63.0%Origination rate+5.25 pts vs state
8.00%Median rate+1.38 pts vs state
0.93Rate spread (pts)+0.64 pts vs state
$149kMedian applicant income
17Loans originated
7Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023593825.4%10.50%#174
2024342611.8%10.38%#228
2025271725.9%8.00%#253

What GTE Federal Credit Union lends in Nevada

By loan purpose

Home purchase 6 22% · 16.7% denied
Refinance 1 4% · 100.0% denied
Home improvement 2 7% · 50.0% denied
Other / HELOC 18 67% · 22.2% denied

By loan type

Conventional 27 100% · 25.9% denied

Why it denied Nevada applicants

Debt-to-income ratio 4 57%
Collateral 2 29%
Credit history 1 14%

Where in Nevada

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1584 26.7%
Washoe County 770 0.0%
Lyon County 202 100.0%
Nye County 110 0.0%
White Pine County 110 0.0%
Elko County 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: 27 applications in 2025, of which 17 were originated and 7 denied.

25.9% of all applications, or 29.2% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans GTE Federal Credit Union originated in Nevada in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are GTE Federal Credit Union'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