Guaranteed Rate · Nevada · 2025

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

Guaranteed Rate took 1,862 mortgage applications in Nevada in 2025, ranking #17 of 627 lenders active in the state. It originated 53.0% of them and denied 8.6% (13.5% of the applications it decided), against a statewide denial rate of 17.5%.

1.9kApplicationsin NV
13.5%Decision denial ratestate 22.2%
6.75%Median ratestate 6.63%
$345,000Median loanstate $305,000
$357MVolume14 counties

Guaranteed Rate in Nevada vs the state

8.6%Denial rate-8.86 pts vs state
13.5%Decision denial rate-8.77 pts vs state
53.0%Origination rate-4.76 pts vs state
6.75%Median rate+0.13 pts vs state
0.54Rate spread (pts)+0.25 pts vs state
$105kMedian applicant income
986Loans originated
160Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1625104.6%6.76%#23
20241,4658718.7%6.75%#20
20251,8629868.6%6.75%#17

What Guaranteed Rate lends in Nevada

By loan purpose

Home purchase 1,100 59% · 4.8% denied
Refinance 220 12% · 6.4% denied
Cash-out refinance 332 18% · 13.3% denied
Home improvement 57 3% · 19.3% denied
Other / HELOC 153 8% · 24.8% denied

By loan type

Conventional 1,142 61% · 9.9% denied
FHA 557 30% · 6.6% denied
VA 162 9% · 5.6% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Nevada applicants

Debt-to-income ratio 55 34%
Other 28 18%
Credit history 26 16%
Incomplete application 17 11%
Collateral 14 9%
Unverifiable information 12 8%
Insufficient cash 8 5%

Where in Nevada

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1,629874139 8.5%
Washoe County 1125310 8.9%
Nye County 49268 16.3%
Lyon County 2391 4.3%
Elko County 1461 7.1%
Douglas County 1280 0.0%
Carson City 760 0.0%
Churchill County 521 20.0%
Lander County 310 0.0%
Storey County 210 0.0%

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: 1,862 applications in 2025, of which 986 were originated and 160 denied.

8.6% of all applications, or 13.5% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Guaranteed Rate originated in Nevada in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Guaranteed Rate'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