State Department Federal Credit Union · Nevada · 2025

State Department Federal Credit Union in Nevada: approval rate, denial rate and rates (2025)

State Department Federal Credit Union took 9 mortgage applications in Nevada in 2025, ranking #321 of 627 lenders active in the state. It originated 44.4% of them and denied 55.6% (55.6% of the applications it decided), against a statewide denial rate of 17.5%.

9Applicationsin NV
55.6%Decision denial ratestate 22.2%
7.38%Median ratestate 6.63%
$55,000Median loanstate $305,000
$840kVolume1 counties

State Department Federal Credit Union in Nevada vs the state

55.6%Denial rate+38.11 pts vs state
55.6%Decision denial rate+33.34 pts vs state
44.4%Origination rate-13.27 pts vs state
7.38%Median rate+0.75 pts vs state
0.19Rate spread (pts)-0.10 pts vs state
$150kMedian applicant income
4Loans originated
5Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239544.4%6.70%#327
20259455.6%7.38%#321

What State Department Federal Credit Union lends in Nevada

By loan purpose

Home purchase 2 22% · 50.0% denied
Refinance 1 11% · 100.0% denied
Cash-out refinance 1 11% · 100.0% denied
Home improvement 3 33% · 0.0% denied
Other / HELOC 2 22% · 100.0% denied

By loan type

Conventional 9 100% · 55.6% denied

Why it denied Nevada applicants

Debt-to-income ratio 2 40%
Other 2 40%
Credit history 1 20%

Where in Nevada

Counties with the most State Department Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 945 55.6%

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: 9 applications in 2025, of which 4 were originated and 5 denied.

55.6% of all applications, or 55.6% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans State Department Federal Credit Union originated in Nevada in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are State Department 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