Nevada · 2025 HMDA data

Mortgage lenders in Nevada: denial rates, approval odds and real rates (2025)

627 lenders acted on 120,754 mortgage applications in Nevada in 2025. 17.5% were denied, against 18.0% nationally. The median interest rate on loans that closed was 6.63%, the median loan $305,000.

121kApplications
17.5%Denial rateUS 18.0%
6.63%Median rateUS 6.63%
$305,000Median loanUS $225,000
$27BOriginated volume

Largest mortgage lenders in Nevada

By applications received in 2025. Grade is the lender's national grade.

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 6,9135,215 11.4%6.31%
2 Rocket Mortgage C 6,8895,226 15.4%6.88%
3 Guild Mortgage A 5,5333,882 2.6%6.50%
4 AMERICA FIRST Federal Credit Union C 3,8732,393 28.6%7.24%
5 U.S. Bank D 3,7451,593 40.2%7.65%
6 Bank of America F 3,2961,233 35.9%6.24%
7 Pennymac Loan Services C 3,1881,834 12.5%6.62%
8 Navy Federal Credit Union D 2,5791,122 24.5%7.75%
9 Broker Solutions D 2,5591,190 8.9%6.75%
10 Dhi Mortgage Company B 2,5492,059 6.8%4.99%
11 Freedom Mortgage B 2,5021,108 6.4%6.13%
12 Loandepot.Com D 2,4841,512 18.2%6.99%
13 Crosscountry Mortgage B 2,2511,424 4.6%6.75%
14 Zions Bancorporation B 2,2241,054 36.0%5.50%
15 Lennar Mortgage A 2,1071,669 7.1%4.75%
16 Mortgage Research Center C 2,017900 19.9%6.13%
17 Guaranteed Rate B 1,862986 8.6%6.75%
18 Newrez D 1,716593 21.0%6.63%
19 CMG Mortgage A 1,495932 6.2%6.70%
20 Clark County Credit Union F 1,469749 25.7%7.75%
21 JPMorgan Chase Bank B 1,450865 11.7%6.50%
22 21st Mortgage F 1,327237 51.8%10.66%
23 AmeriSave Mortgage D 1,272418 57.1%8.50%
24 Figure Lending C 1,260605 26.9%8.95%
25 Pulte Mortgage A 1,251748 17.5%5.63%

Best approval odds in Nevada

Lowest decision denial rate among lenders that decided at least 300 Nevada applications in 2025.

#LenderDecidedDecision denial rateMedian rate
1Panorama Mortgage Group3390.9%7.00%
2Evergreen Moneysource Mortgage4861.0%6.63%
3Gold Star Mortgage Financial Group3701.1%6.63%
4Premier Mortgage Resources3582.0%6.50%
5Canopy Mortgage3032.6%6.63%
6Guild Mortgage4,3413.3%6.50%
7Paramount Residential Mortgage Group4093.4%6.50%
8Primelending, a Plainscapital3924.1%6.49%
9Fairway Independent Mortgage4935.5%6.75%
10Crosscountry Mortgage1,5716.6%6.75%

Lowest median rates in Nevada

Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.

#LenderPriced loansMedian rateDenial rate
1Homeamerican Mortgage3764.50%8.1%
2Lennar Mortgage1,6664.75%7.1%
3Inspire Home Loans3694.88%9.0%
4Dhi Mortgage Company2,0204.99%6.8%
5Taylor Morrison Home Funding2335.50%9.2%
6Zions Bancorporation1,0545.50%36.0%
7Charles Schwab Bank1145.63%4.9%
8Pulte Mortgage7485.63%17.5%
9Village Capital & Investment1475.75%17.8%
10Morgan Stanley Private Bank1075.85%2.7%

What Nevada borrowers applied for

By loan purpose

Home purchase 55,418 46% · 9.4% denied
Refinance 17,112 14% · 14.7% denied
Cash-out refinance 22,926 19% · 20.3% denied
Home improvement 10,116 8% · 34.5% denied
Other / HELOC 15,182 13% · 34.3% denied

By loan type

Conventional 85,610 71% · 19.5% denied
FHA 20,754 17% · 13.2% denied
VA 14,248 12% · 11.3% denied
USDA / RHS 142 0% · 13.4% denied

Denial rate by applicant income

Under $50k 48.7%
$50k – $100k 25.1%
$100k – $150k 18.4%
$150k – $250k 16.2%
Over $250k 15.6%

Why Nevada applications were denied

Debt-to-income ratio 7,423 35%
Credit history 4,711 22%
Collateral 2,682 13%
Incomplete application 2,586 12%
Other 1,978 9%
Unverifiable information 980 5%
Insufficient cash 479 2%
Employment history 171 1%
Mortgage insurance denied 5 0%

Nevada mortgage market by year

YearApplicationsOriginatedDenial rateMedian rateMedian loanLenders
2023101,27756,69120.3%6.75%$275,000624
2024115,34966,28719.0%6.75%$295,000624
2025120,75469,68217.5%6.63%$305,000627

Nevada counties

Counties with at least 200 applications in 2025, most active first.

Frequently asked questions

17.5% of mortgage applications in Nevada were denied in 2025 (22.2% of applications that reached a decision). Nationally the rate was 18.0%.

United Shore Financial Services handled the most applications in Nevada in 2025: 6,913, with a denial rate of 11.4%.

Among lenders that decided at least 300 applications in Nevada, Panorama Mortgage Group had the lowest decision denial rate at 0.9%.

The median interest rate on loans originated in Nevada in 2025 was 6.63%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.