Watermark Capital · Nevada · 2025

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

Watermark Capital took 31 mortgage applications in Nevada in 2025, ranking #247 of 627 lenders active in the state. It originated 61.3% of them and denied 12.9% (13.8% of the applications it decided), against a statewide denial rate of 17.5%.

31Applicationsin NV
13.8%Decision denial ratestate 22.2%
6.63%Median ratestate 6.63%
$325,000Median loanstate $305,000
$7.3MVolume5 counties

Watermark Capital in Nevada vs the state

12.9%Denial rate-4.55 pts vs state
13.8%Decision denial rate-8.43 pts vs state
61.3%Origination rate+3.58 pts vs state
6.63%Median rate0.00 pts vs state
-0.08Rate spread (pts)-0.38 pts vs state
$113kMedian applicant income
19Loans originated
4Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321179.5%6.38%#268
202433276.1%6.88%#232
2025311912.9%6.63%#247

What Watermark Capital lends in Nevada

By loan purpose

Home purchase 18 58% · 22.2% denied
Refinance 8 26% · 0.0% denied
Cash-out refinance 5 16% · 0.0% denied

By loan type

Conventional 29 94% · 10.3% denied
FHA 1 3% · 100.0% denied
VA 1 3% · 0.0% denied

Why it denied Nevada applicants

Collateral 4 100%

Where in Nevada

Counties with the most Watermark Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 24143 12.5%
Washoe County 330 0.0%
Nye County 211 50.0%
Douglas County 100 0.0%
Carson City 110 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: 31 applications in 2025, of which 19 were originated and 4 denied.

12.9% of all applications, or 13.8% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

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

About this data. Figures are Watermark Capital'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