Nevada Mortgage Lending in 2025
Explore residential mortgage lending activity in Nevada using official HMDA public records. Review underwriting credit decisions, borrower demographics, regional metro markets, and the most active lenders.
Credit Decision Outcomes (2025)
Outcomes for 55,197 actionable applications (Actions 1, 2, and 3).
How Nevada Compares
Key metrics: Nevada vs. U.S. (2025)
| Metric | Nevada | U.S. |
|---|---|---|
| Actionable Apps | 55,197 | 5,197,320 |
| Approval Rate | 84.29% | 82.12% |
| Denial Rate | 15.71% | 17.88% |
| Originations | 44,109 | 4,052,301 |
| Originated Volume | $19.25 Billion | $1.58 Trillion |
| Median Loan | $395,000 | $325,000 |
Lending Trends in Nevada
Year-over-year shifts: 2025 vs. 2024
| Metric | 2024 | 2025 | Change |
|---|---|---|---|
| Consumer Universe | 67,913 | 72,021 | +6.05% |
| Actionable Apps | 53,024 | 55,197 | +4.10% |
| Originations | 42,570 | 44,109 | +3.62% |
| Approval Rate | 84.42% | 84.29% | -0.13 pp |
| Denial Rate | 15.58% | 15.71% | +0.13 pp |
| Median Loan | $385,000 | $395,000 | +2.60% |
| Dollar Volume | $17.68 Billion | $19.25 Billion | +8.87% |
Applications by Borrower Income (Nevada)
Approval and denial rates across gross annual income tiers (2025)
| Income Bracket | Apps | Approval % | Denial % |
|---|---|---|---|
| $100k–$149,999 | 14,131 | 88.02% | 11.98% |
| $150k+ | 15,097 | 90.48% | 9.52% |
| $50k–$99,999 | 17,864 | 82.00% | 18.00% |
| <$50k | 3,718 | 53.95% | 46.05% |
| Income unavailable/entity | 4,387 | 86.00% | 14.00% |
Metropolitan Areas in Nevada
Top metropolitan areas ranked by total actionable applications
| Metropolitan Area | Apps | Originations | Approval % |
|---|---|---|---|
| Las Vegas-Henderson-North Las Vegas | 39,680 | 31,540 | 83.76% |
| Reno | 9,811 | 8,054 | 86.58% |
| Carson City | 875 | 729 | 86.40% |
Top Mortgage Lenders by Action 1 Originations
Institutions ranked strictly by total originated loans in Nevada (2025)
| Rank | Lending Institution | Originations | Approval % |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 4,657 | 88.36% |
| 2 | GUILD MORTGAGE COMPANY | 3,019 | 97.35% |
| 3 | ROCKET MORTGAGE | 2,878 | 82.55% |
| 4 | DHI Mortgage Company, LTD. | 1,831 | 92.03% |
| 5 | Lennar Mortgage, LLC | 1,552 | 91.77% |
| 6 | CROSSCOUNTRY MORTGAGE, LLC | 1,133 | 96.73% |
| 7 | PENNYMAC LOAN SERVICES LLC | 1,104 | 82.64% |
| 8 | FREEDOM MORTGAGE CORPORATION | 1,093 | 89.59% |
| 9 | Mortgage Research Center | 897 | 69.70% |
| 10 | loanDepot.com LLC | 850 | 81.36% |
Methodology
Learn how HMDA credit outcomes, action codes, and consumer filters are computed.
Read Methodology →State Directory
Compare mortgage lending patterns and approval rates across the 54 reporting states and territories.
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