Prime Mortgage Lenders in Nevada

It’s time to take a look at the highest mortgage lenders in Nevada based mostly 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 at all times, there can solely be one #1, and people honors went to an organization you’ve doubtless heard of.

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

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

Prime Mortgage Lenders in Nevada (General)

Pontiac, Michigan-based Rocket Mortgage funded $1.9 billion in house loans within the state of Nevada in 2024, per HMDA knowledge 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 solely with mortgage brokers through 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 had been all house builder mortgage lenders, together with Lennar Mortgage, DHI Mortgage, KBHS Dwelling Loans, and Pulte Mortgage.

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

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

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

Prime Nevada Mortgage Lenders (for Dwelling Patrons)

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

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

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

One other three house builder financing divisions made up the underside half the highest 10, together with KBHS Dwelling 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 house buy loans are often dominated by hometown firms.

Though, native house builders have grabbed vital house buy market share as they’re in a position to supply big incentives like momentary buydowns and everlasting ones as nicely.

Prime Nevada Refinance Lenders (for Present Householders)

Turning our consideration to mortgage refinances, Rocket Mortgage was simply tops with $454 million. In fact, 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 lately the prime VA lender and primarily a refinance specialist, however that sector has been hit notably laborious these days.

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

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

Prime Mortgage Lenders in Las Vegas/Henderson

Prime Mortgage Lenders in Reno

The Finest Nevada Mortgage Lenders?

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

Whereas this is sensible, some of us could be focused on a neighborhood lender, as this may construct belief when coping with an necessary life resolution akin to a house buy.

I went to Zillow to seek out some buyer opinions, and located that All Western Mortgage, Inc. had essentially the most opinions, over 700 of them. And extra importantly, they’ve a 4.99/5 ranking 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 general within the state of Nevada.

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

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

It seems there are various, smaller entities working inside the state, doubtless some impartial mortgage brokers with their very own outlets.

So far as the nationwide manufacturers are involved, in addition they have robust opinions 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, far-off or native, you need to be capable to discover a dependable mortgage associate within the state of Nevada.

Earlier than creating this web site, 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) house consumers higher navigate the house mortgage course of. Observe me on X for decent takes.

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