Luminate Home Loans · Nevada · 2025

Luminate Home Loans in Nevada: approval rate, denial rate and rates (2025)

Luminate Home Loans took 25 mortgage applications in Nevada in 2025, ranking #258 of 627 lenders active in the state. It originated 68.0% of them and denied 4.0% (5.6% of the applications it decided), against a statewide denial rate of 17.5%.

25Applicationsin NV
5.6%Decision denial ratestate 22.2%
7.13%Median ratestate 6.63%
$425,000Median loanstate $305,000
$7.5MVolume2 counties

Luminate Home Loans in Nevada vs the state

4.0%Denial rate-13.45 pts vs state
5.6%Decision denial rate-16.66 pts vs state
68.0%Origination rate+10.29 pts vs state
7.13%Median rate+0.50 pts vs state
0.47Rate spread (pts)+0.18 pts vs state
$134kMedian applicant income
17Loans originated
1Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237484811.7%6.99%#35
20243912572.3%6.88%#56
202525174.0%7.13%#258

What Luminate Home Loans lends in Nevada

By loan purpose

Home purchase 20 80% · 5.0% denied
Refinance 3 12% · 0.0% denied
Cash-out refinance 2 8% · 0.0% denied

By loan type

Conventional 18 72% · 5.6% denied
FHA 5 20% · 0.0% denied
VA 2 8% · 0.0% denied

Why it denied Nevada applicants

Collateral 1 100%

Where in Nevada

Counties with the most Luminate Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 21141 4.8%
Washoe County 430 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: 25 applications in 2025, of which 17 were originated and 1 denied.

4.0% of all applications, or 5.6% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Luminate Home Loans originated in Nevada in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Luminate Home Loans'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