Lennar Mortgage · Nevada · 2025

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

Lennar Mortgage took 2,107 mortgage applications in Nevada in 2025, ranking #15 of 627 lenders active in the state. It originated 79.2% of them and denied 7.1% (8.2% of the applications it decided), against a statewide denial rate of 17.5%.

2.1kApplicationsin NV
8.2%Decision denial ratestate 22.2%
4.75%Median ratestate 6.63%
$445,000Median loanstate $305,000
$768MVolume7 counties

Lennar Mortgage in Nevada vs the state

7.1%Denial rate-10.38 pts vs state
8.2%Decision denial rate-14.06 pts vs state
79.2%Origination rate+21.50 pts vs state
4.75%Median rate-1.88 pts vs state
-1.60Rate spread (pts)-1.89 pts vs state
$126kMedian applicant income
1,669Loans originated
149Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,0231,5035.9%4.99%#10
20242,3691,8077.3%4.99%#12
20252,1071,6697.1%4.75%#15

What Lennar Mortgage lends in Nevada

By loan purpose

Home purchase 2,107 100% · 7.1% denied

By loan type

Conventional 1,318 63% · 6.2% denied
FHA 507 24% · 9.5% denied
VA 282 13% · 7.1% denied

Why it denied Nevada applicants

Debt-to-income ratio 100 67%
Unverifiable information 24 16%
Credit history 15 10%
Employment history 6 4%
Insufficient cash 2 1%
Incomplete application 2 1%

Where in Nevada

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1,6941,310134 7.9%
Washoe County 25522811 4.3%
Lyon County 73612 2.7%
Douglas County 41332 4.9%
Carson City 38310 0.0%
Storey County 550 0.0%
Nye 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: 2,107 applications in 2025, of which 1,669 were originated and 149 denied.

7.1% of all applications, or 8.2% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Lennar Mortgage originated in Nevada in 2025 was 4.75%, against a statewide median of 6.63%.

About this data. Figures are Lennar 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