Elko County, Nevada
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 1,702 mortgage applications in Elko County, Nevada, for 2024, and originated 1,056 loans worth $277m.
That is 53.8 originations per 1,000 households, against 55.1 for Nevada and 48.0 nationally.
The county's denial rate was 19.1%, below the state rate of 23.9%. The median rate spread on originated loans was 0.6 percentage points and 19.1% of originations were 1.5 points or more above the average prime offer rate.
18 lenders reached 25 applications in the county; the most active by originations were Guild Mortgage Company (241), Movement Mortgage, LLC (99) and United Wholesale Mortgage (69).
Originations were up 20% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Guild Mortgage Company | 289 | 241 | $65m | 1.5% | — |
| 2 | Movement Mortgage, LLC | 124 | 99 | $25m | 3.5% | — |
| 3 | United Wholesale Mortgage | 87 | 69 | $24m | 12.7% | — |
| 4 | Rocket Mortgage | 84 | 65 | $11m | 10.1% | — |
| 5 | Iserve Residential Lending | 65 | 51 | $16m | 3.4% | — |
| 6 | Primary Residential Mortgage, INC. | 41 | 38 | $12m | 0.0% | — |
| 7 | Greater Nevada Mortgage | 36 | 32 | $8.8m | 0.0% | — |
| 8 | Freedom Mortgage Corporation | 43 | 28 | $10m | 15.2% | — |
| 9 | Pennymac Loan Services LLC | 42 | 28 | $8.9m | 14.3% | — |
| 10 | Zions Bancorporation, N.A. | 44 | 23 | $3.1m | 35.7% | — |
| 11 | Us Bank, N.A. | 54 | 19 | $2.6m | 58.3% | — |
| 12 | New American Funding, LLC. | 41 | 19 | $4.3m | — | — |
| 13 | Loandepot.com, LLC | 30 | 18 | $3.7m | 29.6% | — |
| 14 | America First Federal Credit Union | 30 | 17 | $2.0m | 28.6% | — |
| 15 | Mortgage Research Center | 28 | 15 | $5.5m | — | — |
| 16 | Discover Bank | 27 | 7 | $515k | — | — |
| 17 | Vanderbilt Mortgage and Finance, Inc | 50 | 6 | $560k | 78.8% | — |
| 18 | 21st Mortgage | 31 | 2 | $230k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 18. Denial rate is denials over decided applications in this county.
Compared with Nevada and the nation
| Measure | This county | Nevada | United States |
|---|---|---|---|
| Denial rate | 19.1% | 23.9% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 19.1% | 18.4% | 15.6% |
| Average originated loan | $262k | $366k | $329k |
| Originations per 1,000 households | 53.8 | 55.1 | 48.0 |
| Home purchase share of originations | 65.3% | 61.5% | 57.0% |
| FHA-insured share | 34.2% | 18.3% | 13.4% |
| VA-guaranteed share | 9.4% | 10.8% | 7.9% |
Rate spread distribution
Share of 953 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Nevada). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 65% (690)Home improvement 5% (48)Refinancing 11% (111)Cash-out refinancing 13% (136)Other purpose 7% (71)
By type
Conventional 56% (588)FHA 34% (361)VA 9% (99)USDA 1% (8)
Trend by year
ApplicationsOriginations
This countyNevada
Questions and answers
Which lenders are most active in Elko County, NV?
By 2024 originations: Guild Mortgage Company (241), Movement Mortgage, LLC (99), United Wholesale Mortgage (69), Rocket Mortgage (65), Iserve Residential Lending (51). 18 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Elko County?
19.1% of decided applications were denied in 2024, against 23.9% across Nevada and 24.3% nationally.
How many mortgages were originated in Elko County in 2024?
1,056 loans totalling $277m, from 1,702 applications; 53.8 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 32007; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.