The Federal Savings Bank · Nevada · 2025

The Federal Savings Bank in Nevada: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 350 mortgage applications in Nevada in 2025, ranking #67 of 627 lenders active in the state. It originated 32.6% of them and denied 10.0% (22.9% of the applications it decided), against a statewide denial rate of 17.5%.

350Applicationsin NV
22.9%Decision denial ratestate 22.2%
6.25%Median ratestate 6.63%
$375,000Median loanstate $305,000
$46MVolume13 counties

The Federal Savings Bank in Nevada vs the state

10.0%Denial rate-7.45 pts vs state
22.9%Decision denial rate+0.66 pts vs state
32.6%Origination rate-25.14 pts vs state
6.25%Median rate-0.38 pts vs state
0.18Rate spread (pts)-0.11 pts vs state
$96kMedian applicant income
114Loans originated
35Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202339012012.1%6.50%#62
20243011059.3%6.25%#69
202535011410.0%6.25%#67

What The Federal Savings Bank lends in Nevada

By loan purpose

Home purchase 26 7% · 3.9% denied
Refinance 32 9% · 18.8% denied
Cash-out refinance 276 79% · 9.4% denied
Home improvement 6 2% · 16.7% denied
Other / HELOC 10 3% · 10.0% denied

By loan type

Conventional 44 13% · 2.3% denied
FHA 31 9% · 12.9% denied
VA 275 79% · 10.9% denied

Why it denied Nevada applicants

Incomplete application 12 34%
Collateral 7 20%
Credit history 6 17%
Debt-to-income ratio 6 17%
Other 2 6%
Unverifiable information 2 6%

Where in Nevada

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 2618524 9.2%
Washoe County 35124 11.4%
Churchill County 1470 0.0%
Lyon County 1323 23.1%
Nye County 1123 27.3%
Carson City 410 0.0%
Douglas County 320 0.0%
Lander County 210 0.0%
White Pine County 210 0.0%
Elko County 211 50.0%

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: 350 applications in 2025, of which 114 were originated and 35 denied.

10.0% of all applications, or 22.9% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans The Federal Savings Bank originated in Nevada in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are The Federal Savings Bank'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