KeyBank · Nevada · 2025

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

KeyBank took 12 mortgage applications in Nevada in 2025, ranking #303 of 627 lenders active in the state. It originated 58.3% of them and denied 16.7% (22.2% of the applications it decided), against a statewide denial rate of 17.5%.

12Applicationsin NV
22.2%Decision denial ratestate 22.2%
6.13%Median ratestate 6.63%
$510,000Median loanstate $305,000
$3.3MVolume3 counties

KeyBank in Nevada vs the state

16.7%Denial rate-0.78 pts vs state
22.2%Decision denial rate0.00 pts vs state
58.3%Origination rate+0.62 pts vs state
6.13%Median rate-0.50 pts vs state
-0.28Rate spread (pts)-0.57 pts vs state
$204kMedian applicant income
7Loans originated
2Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023382615.8%6.63%#217
202413638.5%6.63%#302
202512716.7%6.13%#303

What KeyBank lends in Nevada

By loan purpose

Home purchase 11 92% · 18.2% denied
Cash-out refinance 1 8% · 0.0% denied

By loan type

Conventional 11 92% · 18.2% denied
VA 1 8% · 0.0% denied

Why it denied Nevada applicants

Incomplete application 1 50%
Debt-to-income ratio 1 50%

Where in Nevada

Counties with the most KeyBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 751 14.3%
Washoe County 411 25.0%
Lyon County 110 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: 12 applications in 2025, of which 7 were originated and 2 denied.

16.7% of all applications, or 22.2% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans KeyBank originated in Nevada in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are KeyBank'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