Planet Home Lending · Nevada · 2025

Planet Home Lending in Nevada: approval rate, denial rate and rates (2025)

Planet Home Lending took 272 mortgage applications in Nevada in 2025, ranking #82 of 627 lenders active in the state. It originated 70.2% of them and denied 22.1% (23.2% of the applications it decided), against a statewide denial rate of 17.5%.

272Applicationsin NV
23.2%Decision denial ratestate 22.2%
5.99%Median ratestate 6.63%
$345,000Median loanstate $305,000
$67MVolume11 counties

Planet Home Lending in Nevada vs the state

22.1%Denial rate+4.61 pts vs state
23.2%Decision denial rate+0.95 pts vs state
70.2%Origination rate+12.51 pts vs state
5.99%Median rate-0.63 pts vs state
0.08Rate spread (pts)-0.21 pts vs state
$108kMedian applicant income
191Loans originated
60Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338327122.7%6.63%#63
202425217921.0%6.25%#84
202527219122.1%5.99%#82

What Planet Home Lending lends in Nevada

By loan purpose

Home purchase 90 33% · 16.7% denied
Refinance 113 42% · 18.6% denied
Cash-out refinance 30 11% · 40.0% denied
Home improvement 6 2% · 83.3% denied
Other / HELOC 33 12% · 21.2% denied

By loan type

Conventional 95 35% · 22.1% denied
FHA 104 38% · 23.1% denied
VA 73 27% · 20.6% denied

Why it denied Nevada applicants

Incomplete application 38 63%
Credit history 6 10%
Collateral 5 8%
Other 5 8%
Debt-to-income ratio 4 7%
Unverifiable information 1 2%
Insufficient cash 1 2%

Where in Nevada

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 20114942 20.9%
Washoe County 30213 10.0%
Nye County 21612 57.1%
Lyon County 971 11.1%
Churchill County 220 0.0%
Elko County 220 0.0%
Carson City 220 0.0%
Humboldt County 110 0.0%
Storey County 110 0.0%
Lander County 101 100.0%

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: 272 applications in 2025, of which 191 were originated and 60 denied.

22.1% of all applications, or 23.2% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Planet Home Lending originated in Nevada in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Planet Home Lending'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