10 Best Nevada Mortgage Lenders of 2021

If you're looking to buy a home, refinance a mortgage or tap your home’s equity, get a lender that’s knowledgeable about Nevada and can suit your needs. We’ve boiled down the best Nevada mortgage lenders in five key categories.

Last updated on January 29, 2021
Written by 
NerdWallet
NerdWallet
Written by 

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners and here's how we make money.

  • 50+ mortgage lenders reviewed and rated by our team of experts.
  • 40+ years of combined experience covering mortgages and financial topics.
  • Objective, comprehensive star rating system assessing 120+ categories and 5,000+ data points.
  • Governed by NerdWallet's strict guidelines for editorial integrity.
NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated Press, USA Today, The Washington Post, MarketWatch, Newsweek and many other national, regional and local publications. They have been cited in publications including The Wall Street Journal, and appeared on NerdWallet's "Smart Money" podcast as well as local TV and radio.

10 Best Nevada Mortgage Lenders of 2021

Have you or your spouse served in the military?

We’ve got more home loan options for you. Show me

Lender
NerdWallet Rating
Min. credit score
Min. down payment
Learn more
New American Funding

New American Funding: NMLS#6606

Learn more
at New American Funding
at New American Funding
Home loans overall
Best for first-time home buyers

580

3%

Learn more
at New American Funding
at New American Funding
Rate

Rate: NMLS#2611

5.0
/5
Home loans overall
Best for online experience

620

3%

Rocket Mortgage, LLC

Rocket Mortgage, LLC: NMLS#3030

Learn more
at Rocket Mortgage, LLC
at Rocket Mortgage, LLC
4.5
/5
Home loans overall
Best for online experience

620

1%

Learn more
at Rocket Mortgage, LLC
at Rocket Mortgage, LLC
Bank of America

Bank of America: NMLS#399802

LEARN MORE
on NerdWallet
4.5
/5
Refinancing
Best for cash-out refinance

620

N/A

LEARN MORE
on NerdWallet
loanDepot

loanDepot: NMLS#174457

LEARN MORE
on NerdWallet
4.5
/5
Refinancing
Best for refinancing

620

5%

LEARN MORE
on NerdWallet
Guild Mortgage

Guild Mortgage: NMLS#3274

LEARN MORE
on NerdWallet
4.0
/5
Home loans overall
Best for first-time home buyers

N/A

3%

LEARN MORE
on NerdWallet
US Bank

US Bank: NMLS#402761

LEARN MORE
on NerdWallet
4.0
/5
HELOCs
Best for home equity borrowers

620

N/A

LEARN MORE
on NerdWallet
Carrington

Carrington: NMLS#2600

LEARN MORE
on NerdWallet
4.0
/5
FHA loans
Best for borrowers with lower credit scores

500

3.5%

LEARN MORE
on NerdWallet
Guild Mortgage

Guild Mortgage: NMLS#3274

LEARN MORE
on NerdWallet
4.0
/5
FHA loans
Best for borrowers with lower credit scores

540

3.5%

LEARN MORE
on NerdWallet
Flagstar

Flagstar: NMLS#417490

LEARN MORE
on NerdWallet
5.0
/5
Refinancing
Best for refinancing

620

3%

LEARN MORE
on NerdWallet

Our pick for

first-time home buyers

If you’re looking for help in cracking the code to homeownership, these Nevada lenders prioritize first-time buyers.

New American Funding
Learn more
at New American Funding
at New American Funding
New American Funding

New American Funding: NMLS#6606

4.0
Home loans overall
NerdWallet rating
Min. credit score

580

Min. down payment

3%

Why We Like ItNew American Funding offers a large menu of loan products, as well as programs like first-time home buyer assistance, but personalized mortgage rates aren't available on its website.
Pros
  • Offers a wide variety of purchase and refinance mortgages, as well as unique buyer assistance programs.
  • Its home equity line of credit can be used for a primary residence or second home.
Cons
  • Average origination fees are on the high side, according to the latest federal data.
  • Personalized mortgage rates are not available on the website without providing contact information.
Read Full Review
Guild Mortgage
LEARN MORE
on NerdWallet
Guild Mortgage

Guild Mortgage: NMLS#3274

4.0
Home loans overall
NerdWallet rating
Min. credit score

N/A

Min. down payment

3%

Why We Like ItGuild offers a number of loans and programs that stand out, including renovation loans and home equity products. However, Guild does not have a mobile app, and interest rates aren’t published online.
Pros
  • Offers several programs to make homeownership more accessible.
  • Offers loans for manufactured homes.
  • Renovation loan options are available.
Cons
  • Does not publish interest rates online.
  • No mortgage mobile app.
  • Loans are not available in every state.

Our pick for

online experience

Rate

Rate: NMLS#2611

5.0
Home loans overall
NerdWallet rating
Min. credit score

620

Min. down payment

3%

Why We Like ItRate boasts a streamlined application process, with full underwriting in as little as one business day, though average fees are higher than many competitors’.
Pros
  • Fully underwritten mortgage approval in as little as one day for qualified borrowers.
  • Generous selection of loans, including government-backed, interest-only, jumbo and renovation.
  • Advertises a HELOC that can be funded in as few as five business days.
Cons
  • Origination fees are on the high side, according to the latest federal data.
  • HELOC requires immediate, full withdrawal of funds.
Rocket Mortgage, LLC
Learn more
at Rocket Mortgage, LLC
at Rocket Mortgage, LLC
Rocket Mortgage, LLC

Rocket Mortgage, LLC: NMLS#3030

4.5
Home loans overall
NerdWallet rating
Min. credit score

620

Min. down payment

1%

Why We Like ItRocket Mortgage is the largest mortgage lender by volume, standing out for its range of affordable borrowing options, down payment assistance and closing cost credits.
Pros
  • Reported average time to close is 15 days faster than industry average.
  • FHA and VA loans make up 40% of Rocket Mortgage’s total loan volume.
  • Borrowers can apply via mobile app.
Cons
  • Origination fees are on the higher end, according to the latest federal data.
  • No construction or renovation loans.
  • Physical branches are only available in Detroit, Cleveland, and Phoenix.

Our pick for

cash-out refinance

Nevada home values have nearly doubled in recent years. These lenders can help you access your home’s newfound equity.

Bank of America
LEARN MORE
on NerdWallet
Bank of America

Bank of America: NMLS#399802

4.5
Min. credit score

620

National / regional

National

Why We Like ItGood for: first-time home buyers looking for low- or no-down-payment options and homeowners interested in a home equity line of credit.
Pros
  • Offers down payment and closing cost assistance programs.
  • May give existing customers a discount on mortgage lender origination fees and HELOC interest rates.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
  • Doesn't offer renovation loans that roll costs into a mortgage.

Our pick for

refinancing

If you still have some room to improve your mortgage interest rate or want new loan terms, these lenders are among the best for Nevadans.

loanDepot
LEARN MORE
on NerdWallet
loanDepot

loanDepot: NMLS#174457

4.5
Min. credit score

620

National / regional

National

Why We Like ItGood for: borrowers who want an easy online application and a variety of loan types to explore.
Pros
  • Has branches across the country for customers who prefer face-to-face service.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
  • Mortgage interest rates tend to be on the lower end, according to the latest federal data.
Cons
  • Mortgage rates aren't available online; you'll need to contact a loan officer.
  • Doesn't offer home equity loans or lines of credit.
Flagstar
LEARN MORE
on NerdWallet
Flagstar

Flagstar: NMLS#417490

5.0
Min. credit score

620

National / regional

National

Why We Like ItGood for: Borrowers who may benefit from Flagstar’s unique loan options, such as ITIN loans, loans for manufactured homes or physician loans.
Pros
  • Multiple loans for those who are renovating or building a home, including loans with interest-only payments during construction.
  • Offers home equity loans and lines of credit.
  • Offers down payment assistance and loans for underserved borrowers, including ITIN loans and loans with flexible qualifications in certain communities.
  • Interest rates are on the low side relative to other lenders, according to the latest federal data.
  • Borrowers can enter their information (including their desired loan amount, down payment and zip code) into the lender’s Mortgage Quote Comparison tool and receive a customized rate quote.
Cons
  • Home equity loans are not available in all locations served by Flagstar.
  • In 2022, the lender was fined for violating laws regarding properties in flood zones.

Our pick for

home equity borrowers

US Bank
LEARN MORE
on NerdWallet
US Bank

US Bank: NMLS#402761

National / regional

National

Max LTV

80%

Min. credit score

620

Why We Like ItGood for: Borrowers, particularly current U.S. Bank customers, seeking to tap into home equity with a rate discount, especially if there is no rush to receive funds.
Pros
  • Publishes a sample HELOC rate online.
  • Offers a fixed-rate payment option.
Cons
  • Charges a fee for early repayment.
  • $90 annual fee, waived for borrowers with a certain U.S. Bank checking plan.

Our pick for

borrowers with lower credit scores

These Nevada lenders are willing to work with borrowers who may have had a financial setback or two.

Carrington
LEARN MORE
on NerdWallet
Carrington

Carrington: NMLS#2600

4.0
Min. credit score

500

Min. down payment

3.5%

Why We Like ItGood for: first-time home buyers or credit-challenged borrowers interested in government loan products.
Pros
  • Offers multiple low-down-payment loan programs.
  • May consider alternative credit data, such as bank statements.
  • You can view customized rates for purchasing a home and apply online.
Cons
  • Doesn't offer home equity lines of credit.
  • Lender fees are on the high side, according to the latest federal data.
Guild Mortgage
LEARN MORE
on NerdWallet
Guild Mortgage

Guild Mortgage: NMLS#3274

4.0
Min. credit score

540

Min. down payment

3.5%

Why We Like ItGood for: borrowers seeking a lender that dedicates a significant portion of its business to FHA lending.
Pros
  • Was one of the top 10 lenders by volume for FHA lending in 2022, according to the latest federal data.
  • Has retail branches in most states.
  • Receives high marks for customer satisfaction, according to J.D. Power and Zillow.
Cons
  • Origination fees for FHA loans tend to be on the high end, according to the latest federal data.

» MORE: Best Las Vegas mortgage lenders

More from NerdWallet

Last updated on January 29, 2021

Methodology

NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.

To recap our selections...

NerdWallet's Best Nevada Mortgage Lenders of 2021

  • New American Funding: Best for first-time home buyers
  • Rate: Best for online experience
  • Rocket Mortgage, LLC: Best for online experience
  • Bank of America: Best for cash-out refinance
  • loanDepot: Best for refinancing
  • Guild Mortgage: Best for first-time home buyers
  • US Bank: Best for home equity borrowers
  • Carrington: Best for borrowers with lower credit scores
  • Guild Mortgage: Best for borrowers with lower credit scores
  • Flagstar: Best for refinancing
NerdWallet Pixel