Nova Financial & Investment · Nevada · 2025

Nova Financial & Investment in Nevada: approval rate, denial rate and rates (2025)

Nova Financial & Investment took 294 mortgage applications in Nevada in 2025, ranking #77 of 627 lenders active in the state. It originated 62.6% of them and denied 19.7% (23.7% of the applications it decided), against a statewide denial rate of 17.5%.

294Applicationsin NV
23.7%Decision denial ratestate 22.2%
6.50%Median ratestate 6.63%
$325,000Median loanstate $305,000
$62MVolume7 counties

Nova Financial & Investment in Nevada vs the state

19.7%Denial rate+2.28 pts vs state
23.7%Decision denial rate+1.45 pts vs state
62.6%Origination rate+4.88 pts vs state
6.50%Median rate-0.13 pts vs state
0.29Rate spread (pts)-0.01 pts vs state
$8kMedian applicant income
184Loans originated
58Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233972396.6%6.75%#61
20243061997.5%6.75%#68
202529418419.7%6.50%#77

What Nova Financial & Investment lends in Nevada

By loan purpose

Home purchase 195 66% · 17.4% denied
Refinance 28 10% · 35.7% denied
Cash-out refinance 71 24% · 19.7% denied

By loan type

Conventional 161 55% · 20.5% denied
FHA 94 32% · 19.2% denied
VA 38 13% · 18.4% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Nevada applicants

Incomplete application 37 64%
Other 10 17%
Collateral 6 10%
Debt-to-income ratio 3 5%
Credit history 2 3%

Where in Nevada

Counties with the most Nova Financial & Investment applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 26117440 15.3%
Nye County 1164 36.4%
Washoe County 320 0.0%
Elko County 211 50.0%
Lincoln County 100 0.0%
Lander County 110 0.0%
Lyon County 100 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: 294 applications in 2025, of which 184 were originated and 58 denied.

19.7% of all applications, or 23.7% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Nova Financial & Investment originated in Nevada in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Nova Financial & Investment'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