Nevada
Mortgage Loan Application
Totals and Details
in 2016

Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 196,764
Total Mortgage Loan Application Amount $46,503,450,000
Average Mortgage Loan Application Amount $236,000
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $77,000
Highest Applicant Income $9,999,000
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Mortgage Loan Application Detail Totals for Nevada in 2016

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 98,966 $22,929,999,000 $231,000 $99,999,000 $74,000 $9,999,000
Home Purchase 89,671 $22,422,314,000 $250,000 $99,999,000 $79,000 $8,678,000
Home Improvement 8,127 $1,151,137,000 $141,000 $32,000,000 $91,000 $9,999,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 100,775 $24,404,284,000 $242,000 $99,999,000 $92,000 $9,999,000
Hispanic 28,004 $5,041,874,000 $180,000 $1,750,000 $58,000 $9,999,000
Not applicable 22,145 $6,687,878,000 $302,000 $99,999,000 $10,000 $1,296,000
Not Provided 19,199 $4,523,788,000 $235,000 $99,999,000 $92,000 $9,999,000
Asian 14,413 $3,211,461,000 $222,000 $6,600,000 $90,000 $6,400,000
Black or African American 8,618 $1,858,536,000 $215,000 $2,925,000 $68,000 $8,003,000
Native Hawaiin or Other Pacific Islander 2,446 $526,748,000 $215,000 $1,277,000 $71,000 $1,000,000
American Indian or Alaskan Native 1,164 $248,881,000 $213,000 $1,100,000 $79,000 $1,019,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 114,567 $28,469,809,000 $248,000 $99,999,000 $99,000 $9,999,000
FHA-insured (Federal Housing Administration) 51,455 $10,066,453,000 $195,000 $32,914,000 $41,000 $3,347,000
VA-guaranteed (Veterans Administration) 29,451 $7,711,748,000 $261,000 $99,999,000 $52,000 $1,560,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,291 $255,440,000 $197,000 $1,049,000 $39,000 $643,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 97,926 $23,524,790,000 $240,000 $38,630,000 $86,000 $9,999,000
Application Denied By Financial Institution 32,167 $7,671,605,000 $238,000 $99,999,000 $82,000 $9,999,000
Loan Purchased By The Institution 29,835 $6,618,503,000 $221,000 $60,250,000 $32,000 $2,465,000
Application Withdrawn By Applicant 24,625 $6,035,231,000 $245,000 $99,999,000 $86,000 $8,678,000
File Closed For Incompleteness 7,343 $1,527,868,000 $208,000 $10,000,000 $69,000 $9,999,000
Application Approved But Not Accepted 4,865 $1,124,901,000 $231,000 $5,000,000 $96,000 $8,276,000
Preapproval Approved but not Accepted 3 $552,000 $184,000 $264,000 $57,000 $68,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 4,514 $684,658,000 $151,000 $3,226,000 $87,000 $2,712,000
Debt-To-Income Ratio 4,251 $933,751,000 $219,000 $3,445,000 $63,000 $1,839,000
Collateral 2,556 $544,202,000 $212,000 $3,550,000 $109,000 $9,999,000
Credit Application Incomplete 2,355 $492,553,000 $209,000 $1,838,000 $90,000 $9,999,000
Other 1,836 $515,921,000 $281,000 $99,999,000 $99,000 $9,999,000
Unverifiable Information 949 $214,823,000 $226,000 $4,587,000 $108,000 $4,239,000
Insufficient Cash (Downpayment, Closing Cost) 486 $113,058,000 $232,000 $3,215,000 $92,000 $1,900,000
Employment History 252 $61,307,000 $243,000 $3,005,000 $80,000 $2,240,000
Mortgage Insurance Denied 9 $1,962,000 $218,000 $372,000 $73,000 $162,000
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Mortgage Loan Application Totals in 2016 by Nevada Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CARSON CITY, NV 2,971 $ 612,622,000 $ 206,000 $ 69,000
LAS VEGAS-HENDERSON-PARADISE, NV 144,336 $ 33,709,211,000 $ 233,000 $ 74,000
RENO, NV 32,824 $ 8,776,819,000 $ 267,000 $ 92,000
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Mortgage Loan Application Totals in 2016 by Nevada County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Carson City 2,972 $ 612,660,000 $ 206,000 $ 69,000
Churchill 1,358 $ 217,295,000 $ 160,000 $ 62,000
Clark 144,361 $ 33,713,269,000 $ 233,000 $ 74,000
Douglas 3,806 $ 1,207,647,000 $ 317,000 $ 107,000
Elko 2,731 $ 535,783,000 $ 196,000 $ 68,000
Esmeralda 14 $ 1,421,000 $ 101,000 $ 94,000
Eureka 32 $ 5,096,000 $ 159,000 $ 61,000
Humboldt 726 $ 123,220,000 $ 169,000 $ 74,000
Lander 249 $ 36,859,000 $ 148,000 $ 70,000
Lincoln 178 $ 24,174,000 $ 135,000 $ 59,000
Lyon 3,923 $ 683,352,000 $ 174,000 $ 57,000
Mineral 83 $ 8,126,000 $ 97,000 $ 44,000
Nye 2,807 $ 411,308,000 $ 146,000 $ 51,000
Pershing 128 $ 14,945,000 $ 116,000 $ 60,000
Storey 375 $ 74,646,000 $ 199,000 $ 65,000
Washoe 32,464 $ 8,703,884,000 $ 268,000 $ 93,000
White Pine 334 $ 47,401,000 $ 141,000 $ 59,000
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