Newrez · Nevada · 2025

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

Newrez took 1,716 mortgage applications in Nevada in 2025, ranking #18 of 627 lenders active in the state. It originated 34.6% of them and denied 21.0% (37.5% of the applications it decided), against a statewide denial rate of 17.5%.

1.7kApplicationsin NV
37.5%Decision denial ratestate 22.2%
6.63%Median ratestate 6.63%
$295,000Median loanstate $305,000
$208MVolume15 counties

Newrez in Nevada vs the state

21.0%Denial rate+3.53 pts vs state
37.5%Decision denial rate+15.24 pts vs state
34.6%Origination rate-23.15 pts vs state
6.63%Median rate0.00 pts vs state
0.35Rate spread (pts)+0.06 pts vs state
$101kMedian applicant income
593Loans originated
360Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202366820522.5%6.75%#41
20241,14739620.1%6.75%#31
20251,71659321.0%6.63%#18

What Newrez lends in Nevada

By loan purpose

Home purchase 259 15% · 12.4% denied
Refinance 521 30% · 12.1% denied
Cash-out refinance 936 55% · 28.3% denied

By loan type

Conventional 973 57% · 21.1% denied
FHA 388 23% · 32.0% denied
VA 355 21% · 8.7% denied

Why it denied Nevada applicants

Debt-to-income ratio 209 58%
Credit history 76 21%
Unverifiable information 21 6%
Other 20 6%
Collateral 17 5%
Insufficient cash 10 3%
Employment history 6 2%
Mortgage insurance denied 1 0%

Where in Nevada

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1,250433264 21.1%
Washoe County 2457952 21.2%
Nye County 481214 29.2%
Lyon County 44168 18.2%
Douglas County 31133 9.7%
Elko County 2393 13.0%
Carson City 2268 36.4%
Churchill County 21103 14.3%
Humboldt County 1561 6.7%
White Pine County 660 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: 1,716 applications in 2025, of which 593 were originated and 360 denied.

21.0% of all applications, or 37.5% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

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

About this data. Figures are Newrez'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