High Mortgage Lenders in Nevada

It’s time to take a look at the highest mortgage lenders in Nevada primarily based on their complete mortgage quantity.

Final 12 months, almost 500 mortgage firms funded almost $21 billion in The Silver State, down from these of 2021 highs of $68 billion.

However as all the time, there can solely be one #1, and people honors went to an organization you’ve seemingly heard of.

Sure, United Wholesale Mortgage (UWM) was the highest lender within the state, and by a really broad margin.

Learn on to see which different firms made the highest 10 lists.

High Mortgage Lenders in Nevada (General)

Pontiac, Michigan-based Rocket Mortgage funded $1.9 billion in residence loans within the state of Nevada in 2024, per HMDA information from Richey Might.

That was 600 million greater than essential to beat out second San Diego-based Guild Mortgage, and almost double the output of third place Rocket Mortgage, its crosstown rival.

UWM works completely with mortgage brokers by way of the wholesale lending channel, which makes the tally much more spectacular.

Guild Mortgage, which hails out of San Diego, took second with $1.3 billion in origination quantity, adopted by Rocket with $1.0 billion.

What’s actually fascinating right here is spots 4-7 have been all residence builder mortgage lenders, together with Lennar Mortgage, DHI Mortgage, KBHS House Loans, and Pulte Mortgage.

Rounding out the highest 10 have been nonbanks CrossCountry Mortgge and loanDepot, adopted by Pennymac.

No main surprises within the listing, but in addition no Nevada-based mortgage firms both.

The presence of 4 residence builders within the top-10 listing is a testomony to the purchase-driven housing market these days.

High Nevada Mortgage Lenders (for House Patrons)

Once we solely embrace residence buy loans, UWM took the highest spot with $1.4 billion funded, adopted intently by 2021’s #1 Nevada residence buy lender Guild Mortgage.

In third was Lennar Mortgage with $821 million, a big drop from the highest two, which look like dominating in Nevada.

Fourth went to DHI Mortgage with $800 million (residence builder D.R. Horton’s financing firm), adopted by Rocket Mortgage with $537 million.

One other three residence builder financing divisions made up the underside half the highest 10, together with KBHS House Loans, Pulte Mortgage, and HomeAmerican Mortgage.

Depository U.S. Financial institution and nonbank CrossCountry Mortgage additionally managed to land there.

As soon as once more, zero Nevada-based mortgage lenders within the combine right here, which is stunning as residence buy loans are normally dominated by hometown firms.

Though, native residence builders have grabbed vital residence buy market share as they’re in a position to provide big incentives like short-term buydowns and everlasting ones as effectively.

High Nevada Refinance Lenders (for Present Owners)

Turning our consideration to mortgage refinances, Rocket Mortgage was simply tops with $454 million. After all, they funded billions on this class a couple of years in the past.

That was simply sufficient to beat out their rival UWM, and greater than double third place Freedom Mortgage.

Freedom was just lately the high VA lender and primarily a refinance specialist, however that sector has been hit notably arduous these days.

In fourth was loanDepot with $125 million, adopted by Guild in fifth with $106 million.

Others within the high 10 included Pennymac, Mr. Cooper (now owned by Rocket), Veterans United, Utah’s Zions Bancorp, and Lakeview Mortgage Servicing.

High Mortgage Lenders in Las Vegas/Henderson

High Mortgage Lenders in Reno

The Greatest Nevada Mortgage Lenders?

As famous, not one of the high 10 lenders (by quantity) are Nevada-based firms. As a substitute, most are headquartered in close by California.

Whereas this is sensible, some of us is likely to be serious about an area lender, as this could construct belief when coping with an essential life determination similar to a house buy.

I went to Zillow to search out some buyer evaluations, and located that All Western Mortgage, Inc. had probably the most evaluations, over 700 of them. And extra importantly, they’ve a 4.99/5 score as of this writing.

That’s just about unbeatable, although as famous, they solely managed to make eleventh place within the buy class, and thirteenth total within the state of Nevada.

Nonetheless, when going up in opposition to the large boys, it’s not a foul rating.

There’s additionally Valley West Mortgage out of Vegas with a 4.73/5 score from over 200 evaluations, together with Pinnacle Lending Group, Inc. (4.96/5) and Lone Mortgage (additionally 4.96/5), each with over 100 evaluations.

It seems there are lots of, smaller entities working throughout the state, seemingly some unbiased mortgage brokers with their very own outlets.

So far as the nationwide manufacturers are involved, additionally they have sturdy evaluations on Zillow, with Rocket Mortgage holding a 4.48/5, Guild Mortgage with a 4.96/5, and Wells Fargo with a 4.95/5.

So whether or not you go massive or small, distant or native, it is best to be capable to discover a dependable mortgage accomplice within the state of Nevada.

Earlier than creating this website, I labored as an account govt for a wholesale mortgage lender in Los Angeles. My hands-on expertise within the early 2000s impressed me to start writing about mortgages 19 years in the past to assist potential (and current) residence patrons higher navigate the house mortgage course of. Observe me on X for decent takes.

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