Navy Federal Credit Union in Nevada vs the state
24.5%Denial rate+7.06 pts vs state
35.7%Decision denial rate+13.43 pts vs state
43.5%Origination rate-14.20 pts vs state
7.75%Median rate+1.13 pts vs state
0.85Rate spread (pts)+0.55 pts vs state
$116kMedian applicant income
1,122Loans originated
632Denied
Trend in Nevada
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,645 | 1,036 | 32.8% | 8.40% | #8 |
| 2024 | 2,670 | 1,212 | 25.8% | 8.35% | #8 |
| 2025 | 2,579 | 1,122 | 24.5% | 7.75% | #8 |
What Navy Federal Credit Union lends in Nevada
By loan purpose
By loan type
Why it denied Nevada applicants
Where in Nevada
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 2,169 | 901 | 557 | 25.7% |
| Washoe County | 191 | 109 | 32 | 16.8% |
| Nye County | 55 | 20 | 16 | 29.1% |
| Churchill County | 49 | 28 | 5 | 10.2% |
| Lyon County | 43 | 29 | 6 | 14.0% |
| Douglas County | 22 | 11 | 4 | 18.2% |
| Carson City | 22 | 12 | 6 | 27.3% |
| Elko County | 10 | 4 | 3 | 30.0% |
| Mineral County | 5 | 2 | 1 | 20.0% |
| Storey County | 4 | 2 | 0 | 0.0% |
Other large lenders in Nevada
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 6,913 | 11.4% | 6.31% |
| Rocket Mortgage | C | 6,889 | 15.4% | 6.88% |
| Guild Mortgage | A | 5,533 | 2.6% | 6.50% |
| AMERICA FIRST Federal Credit Union | C | 3,873 | 28.6% | 7.24% |
| U.S. Bank | D | 3,745 | 40.2% | 7.65% |
| Bank of America | F | 3,296 | 35.9% | 6.24% |
| Pennymac Loan Services | C | 3,188 | 12.5% | 6.62% |
| Broker Solutions | D | 2,559 | 8.9% | 6.75% |
| Dhi Mortgage Company | B | 2,549 | 6.8% | 4.99% |
| Freedom Mortgage | B | 2,502 | 6.4% | 6.13% |
Frequently asked questions
Nevada: 2,579 applications in 2025, of which 1,122 were originated and 632 denied.
24.5% of all applications, or 35.7% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.
The median rate on loans Navy Federal Credit Union originated in Nevada in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Navy 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