Elko Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Elko averaged 6.18% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.15% and one month ago for the week of 2022-05-19, the average rate was 5.32%.

Elko's average rate one year ago was 3.34%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.79%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Elko 30 Year Fixed Rate 2022-06-23 6.18%
Elko 30 Year Fixed Rate Refi 2022-06-23 5.79%
Elko 15 Year Fixed Rate 2022-06-23 5.14%
Elko 15 Year Fixed Rate Refi 2022-06-23 4.89%
Elko 30 Year FHA 2022-06-23 0.24%
Elko 30 Year FHA Refi 2022-06-23 0.04%
Elko 30 Year USDA 2022-06-23 -0.04%
Elko 30 Year USDA Refi 2022-06-23 -0.11%
Elko 30 Year VA 2022-06-23 0.17%
Elko 30 Year VA Refi 2022-06-23 0.18%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Elko, NV.

Elko Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Elko, NV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
GUILD MORTGAGE COMPANY 235 3.29% $4,933
QUICKEN LOANS, LLC 131 3.08% $5,016
BROKER SOLUTIONS, INC. 63 3.27% $6,989
CMG MORTGAGE, INC. 57 3.31% $4,901
Wells Fargo Bank 48 3.16% $3,669
MOVEMENT MORTGAGE, LLC 42 3.21% $3,880
U.S. Bank 40 3.12% $2,222
ACADEMY MORTGAGE CORPORATION 39 3.24% $5,197
AMERISAVE MORTGAGE CORPORATION 25 2.94% $4,318
GREATER NEVADA LLC 22 3.31% $5,923
CRESCENT MORTGAGE COMPANY 21 3.09% $5,303
LOANDEPOT.COM, LLC 17 2.91% $5,202
CITYWIDE HOME LOANS, LLC 16 3.08% $5,179
FIRST COLONY MORTGAGE CORPORATION 16 3.28% $4,316
FINANCE OF AMERICA MORTGAGE LLC 16 3.09% $3,566
PENNYMAC LOAN SERVICES, LLC 15 3.16% $4,625
Zions Bancorporation, N.A. 14 3.21% $3,733
Wolfe Financial, Inc 13 3.15% $3,676
UNITED WHOLESALE MORTGAGE, LLC 9 3.12% $3,393
Flagstar Bank, FSB 8 3.26% $4,551
FREEDOM MORTGAGE CORPORATION 8 3.26% $3,498
ISERVE RESIDENTIAL LENDING, LLC 8 3.23% $4,421
SECURITYNATIONAL MORTGAGE COMPANY 6 3.17% $5,354
Mr. Cooper ( Nationstar Mortgage ) 6 3.21% $4,750
AMERICAN FINANCIAL NETWORK, INC. 6 3.13% $10,547
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 6 3.42% $5,264
InterContinental Capital Group, Inc 5 3.00% $3,612
Sierra Pacific Mortgage Company, Inc. 5 3.23% $3,900
Commerce Home Mortgage, Inc. 5 3.00% $4,468
MOUNTAIN AMERICA 4 2.78% $5,184
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 3.50% $5,280
AMERICA FIRST 4 2.78% $5,493
CALIBER HOME LOANS, INC. 4 3.13% $4,718
ALL WESTERN MORTGAGE, INC. 4 3.00% $4,603
CROSSCOUNTRY MORTGAGE, LLC 4 3.09% $6,681
INTERCAP LENDING INC. 4 2.88% $3,932
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.00% $4,438
BAY EQUITY LLC 3 3.33% $4,875
JPMorgan Chase Bank 3 3.17% $4,333
The Federal Savings Bank 3 3.08% $5,486
LADERA LENDING, INC. 3 2.83% $5,164
UNITED 3 2.92% $5,340
LOANPAL, LLC 3 3.16% $8,711
NBKC BANK 3 3.00% $2,235
Nations Lending Corporation 3 3.00% $8,606
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.13% $6,085
Discover Bank 2 4.20% $0
Operating Engineers Local Union #3 2 3.31% $3,567
CALCON MUTUAL MORTGAGE LLC 2 3.44% $4,730
Northwest Farm Credit Services, FLCA 2 3.55% $9,477
Northpointe Bank 2 2.81% $5,337
MANN FINANCIAL INC. 2 3.25% $5,732
NEWREZ LLC 2 3.37% $2,685
WESTERN EXPRESS LENDING 2 2.69% $5,924
GUARANTEED RATE, INC. 2 3.19% $2,981
HOME POINT FINANCIAL CORPORATION 2 3.25% $2,259
Carrington Mortgage Services, LLC 2 3.31% $5,112
INFINITY EQUITY GROUP, INC. 2 3.50% $4,512
Cf Bank 2 2.88% $1,895
LAKEVIEW LOAN SERVICING, LLC 2 3.50% $2,029
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 4.13% $10,887
Paramount Residential Mortgage Group, Inc. 2 3.06% $3,112
SUMMIT FUNDING, INC. 1 2.88% $9,912
AMERICAN INTERNET MORTGAGE, INC. 1 3.13% $3,599
AMERICAN PACIFIC MORTGAGE CORPORATION 1 2.88% $3,473
AMERICAN UNITED FAMILY OF CREDIT UN 1 3.32% $5,096
Amerifirst Financial, Inc. 1 2.88% $4,460
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.88% $8,101
Arvest Bank 1 2.88% $2,511
AXIA FINANCIAL, LLC 1 2.88% $3,324
Bank of America 1 2.75% $2,791
Cache Valley Bank 1 2.88% $2,940
CANOPY MORTGAGE, LLC 1 3.25% $6,996
CELEBRITY HOME LOANS, LLC 1 3.13% $11,078
CHURCHILL MORTGAGE CORPORATION 1 3.50% $6,403
Colten Mortgage, LLC 1 3.13% $3,390
CORNERSTONE HOME LENDING, INC. 1 3.63% $4,451
DATA MORTGAGE, INC. 1 3.25% $3,740
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 1 4.38% $4,900
FirstBank 1 2.75% $1,549
Florida Capital Bank 1 3.00% $3,636
Gateway First Bank 1 2.63% $3,400
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.25% $3,280
Hometown Lenders, Inc. 1 3.50% $4,228
KELLER MORTGAGE, LLC 1 2.88% $5,508
KeyBank 1 2.99% $3,423
Manufacturers and Traders Trust Company 1 3.13% $12,394
Meridian Bank Corporation 1 2.88% $2,560
NAVY FEDERAL CREDIT UNION 1 2.88% $1,813
NBH Bank 1 2.88% $3,549
NEW DAY FINANCIAL, LLC 1 2.99% $5,863
North American Savings Bank, F.S.B. 1 2.75% $2,697
ON Q FINANCIAL, INC. 1 3.63% $4,499
ONY GLO, INC. 1 2.38% $8,526
PNC Bank 1 3.13% $5,112
Raymond James Bank 1 2.88% $4,853
RESIDENTIAL BANCORP. 1 4.13% $4,533
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.25% $4,684
SIRVA MORTGAGE, INC. 1 3.25% $1,262
SOFI LENDING CORP. 1 3.13% $3,584
South Pacific Financial Corporation 1 3.00% $5,020
STEARNS LENDING, LLC 1 2.88% $4,151
21ST MORTGAGE CORPORATION 1 7.05% $4,403
SUN WEST MORTGAGE COMPANY, INC. 1 2.88% $6,464
The Central Trust Bank 1 2.63% $4,476
Watermark Capital, Inc. 1 2.88% $2,726
Willamette Valley Bank 1 3.13% $4,977
Wyndham Capital Mortgage, Inc. 1 2.63% $1,170

Elko, NV's 108 lenders originated 2,544 loans during 2021. The total origination value was $621,390,000, with an average loan value of $244,257.

The top Elko lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 235 loans originated. Their average total fees are $4,933, which is $82 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Elko lenders (with over 10 loans originated) are U.S. Bank ($2,222), FINANCE OF AMERICA MORTGAGE LLC ($3,566), Wells Fargo Bank ($3,669), Wolfe Financial, Inc ($3,676) and Zions Bancorporation, N.A. ($3,733).

The lowest rate Elko lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (2.91%), AMERISAVE MORTGAGE CORPORATION (2.94%), QUICKEN LOANS, LLC (3.08%), CITYWIDE HOME LOANS, LLC (3.08%) and FINANCE OF AMERICA MORTGAGE LLC (3.09%).

Elko, NV Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
GUILD MORTGAGE COMPANY $86,910,000 $117,190,000 34.8% 18.9%
QUICKEN LOANS, LLC $64,970,000 $68,080,000 4.8% 11.0%
BROKER SOLUTIONS, INC. $49,860,000 $41,300,000 -17.2% 6.6%
CMG MORTGAGE, INC. $8,400,000 $31,805,000 278.6% 5.1%
MOVEMENT MORTGAGE, LLC $25,970,000 $27,340,000 5.3% 4.4%
FREEDOM MORTGAGE CORPORATION $24,390,000 $27,015,000 10.8% 4.3%
ACADEMY MORTGAGE CORPORATION $29,020,000 $21,330,000 -26.5% 3.4%
Wells Fargo Bank $14,805,000 $18,630,000 25.8% 3.0%
U.S. Bank $11,800,000 $16,740,000 41.9% 2.7%
GREATER NEVADA LLC $21,610,000 $13,680,000 -36.7% 2.2%
PENNYMAC LOAN SERVICES, LLC $5,785,000 $13,490,000 133.2% 2.2%
LOANDEPOT.COM, LLC $9,795,000 $13,130,000 34.0% 2.1%
FINANCE OF AMERICA MORTGAGE LLC $28,795,000 $10,720,000 -62.8% 1.7%
CITYWIDE HOME LOANS, LLC $11,900,000 $9,630,000 -19.1% 1.5%
FIRST COLONY MORTGAGE CORPORATION $8,735,000 $9,555,000 9.4% 1.5%
LAKEVIEW LOAN SERVICING, LLC $6,005,000 $8,805,000 46.6% 1.4%
AMERISAVE MORTGAGE CORPORATION $8,925,000 $8,610,000 -3.5% 1.4%
CRESCENT MORTGAGE COMPANY $12,175,000 $7,500,000 -38.4% 1.2%
Zions Bancorporation, N.A. $7,625,000 $6,870,000 -9.9% 1.1%
Wolfe Financial, Inc $430,000 $6,470,000 1,404.7% 1.0%
ISERVE RESIDENTIAL LENDING, LLC $4,180,000 $5,715,000 36.7% 0.9%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $5,315,000 n/a 0.9%
Mortgage Research Center, LLC $5,210,000 $5,000,000 -4.0% 0.8%
NEWREZ LLC $3,500,000 $4,860,000 38.9% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $4,905,000 $4,695,000 -4.3% 0.8%
INTERCAP LENDING INC. $680,000 $3,775,000 455.1% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $3,145,000 $3,500,000 11.3% 0.6%
USAA Federal Savings Bank $4,025,000 $3,365,000 -16.4% 0.5%
Flagstar Bank, FSB $23,775,000 $3,075,000 -87.1% 0.5%
AMERICAN FINANCIAL NETWORK, INC. $2,105,000 $2,985,000 41.8% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,980,000 $2,890,000 46.0% 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $950,000 $2,850,000 200.0% 0.5%
VILLAGE CAPITAL & INVESTMENT LLC $2,890,000 $2,735,000 -5.4% 0.4%
InterContinental Capital Group, Inc $1,190,000 $2,705,000 127.3% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $460,000 $2,665,000 479.3% 0.4%
SECURITYNATIONAL MORTGAGE COMPANY $1,555,000 $2,200,000 41.5% 0.4%
Carrington Mortgage Services, LLC $3,365,000 $2,050,000 -39.1% 0.3%
EAST IDAHO Credit Union $2,010,000 n/a 0.3%
AMERICA FIRST $260,000 $1,990,000 665.4% 0.3%
Sierra Pacific Mortgage Company, Inc. $1,685,000 $1,970,000 16.9% 0.3%
NBKC BANK $2,010,000 $1,950,000 -3.0% 0.3%
ORIX REAL ESTATE CAPITAL, LLC $1,915,000 n/a 0.3%
CALIBER HOME LOANS, INC. $1,415,000 $1,850,000 30.7% 0.3%
NAVY FEDERAL CREDIT UNION $3,045,000 $1,830,000 -39.9% 0.3%
MOUNTAIN AMERICA $3,560,000 $1,790,000 -49.7% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,075,000 $1,765,000 -14.9% 0.3%
Operating Engineers Local Union #3 $2,515,000 $1,655,000 -34.2% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,010,000 $1,560,000 -22.4% 0.3%
Nations Lending Corporation $1,490,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $1,220,000 $1,485,000 21.7% 0.2%
HOME POINT FINANCIAL CORPORATION $235,000 $1,480,000 529.8% 0.2%
UNITED $660,000 $1,420,000 115.2% 0.2%
Commerce Home Mortgage, Inc. $255,000 $1,385,000 443.1% 0.2%
The Federal Savings Bank $1,725,000 $1,380,000 -20.0% 0.2%
SUMMIT FUNDING, INC. $740,000 $1,370,000 85.1% 0.2%
LADERA LENDING, INC. $305,000 $1,365,000 347.5% 0.2%
LOANPAL, LLC $1,550,000 $1,315,000 -15.2% 0.2%
Barrington Bank & Trust Company, N.A. $1,110,000 $1,305,000 17.6% 0.2%
ALL WESTERN MORTGAGE, INC. $1,255,000 n/a 0.2%
North American Savings Bank, F.S.B. $490,000 $1,230,000 151.0% 0.2%
CELEBRITY HOME LOANS, LLC $1,130,000 n/a 0.2%
Northwest Farm Credit Services, FLCA $195,000 $1,115,000 471.8% 0.2%
Meridian Bank Corporation $945,000 $1,075,000 13.8% 0.2%
WESTERN EXPRESS LENDING $795,000 $1,040,000 30.8% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,490,000 $1,030,000 -30.9% 0.2%
GUARANTEED RATE, INC. $390,000 $970,000 148.7% 0.2%
Northpointe Bank $555,000 $960,000 73.0% 0.2%
LENDINGHOME FUNDING CORPORATION $425,000 $955,000 124.7% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,070,000 $955,000 -10.7% 0.2%
Colten Mortgage, LLC $225,000 $890,000 295.6% 0.1%
INFINITY EQUITY GROUP, INC. $890,000 n/a 0.1%
BAY EQUITY LLC $1,005,000 $825,000 -17.9% 0.1%
BM Real Estate Services, Inc. $825,000 n/a 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $1,170,000 $820,000 -29.9% 0.1%
CANOPY MORTGAGE, LLC $875,000 $760,000 -13.1% 0.1%
AMERICAN FINANCING CORPORATION $285,000 $755,000 164.9% 0.1%
Umpqua Bank $1,405,000 $755,000 -46.3% 0.1%
21ST MORTGAGE CORPORATION $530,000 $750,000 41.5% 0.1%
Bank of the West $335,000 $750,000 123.9% 0.1%
CLEARPATH LENDING $1,380,000 $745,000 -46.0% 0.1%
Paramount Residential Mortgage Group, Inc. $1,765,000 $745,000 -57.8% 0.1%
NuVision Federal Credit Union $735,000 n/a 0.1%
Raymond James Bank $735,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $735,000 n/a 0.1%
First Guaranty Mortgage Corporation $880,000 $715,000 -18.8% 0.1%
JPMorgan Chase Bank $710,000 $710,000 0.0% 0.1%
ADVANCIAL $670,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $575,000 $660,000 14.8% 0.1%
CALCON MUTUAL MORTGAGE LLC $640,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $640,000 n/a 0.1%
Manufacturers and Traders Trust Company $635,000 n/a 0.1%
CASTLE & COOKE MORTGAGE, LLC $620,000 n/a 0.1%
Cf Bank $335,000 $620,000 85.1% 0.1%
PANORAMA MORTGAGE GROUP, LLC $615,000 n/a 0.1%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $610,000 n/a 0.1%
PHH Mortgage Corporation $205,000 $565,000 175.6% 0.1%
ONY GLO, INC. $545,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $530,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $235,000 $530,000 125.5% 0.1%
The Central Trust Bank $505,000 n/a 0.1%
Figure Lending LLC $25,000 $500,000 1,900.0% 0.1%
MANN FINANCIAL INC. $245,000 $480,000 95.9% 0.1%
SIRVA MORTGAGE, INC. $480,000 n/a 0.1%
BELEM SERVICING LLC $470,000 n/a 0.1%
Cache Valley Bank $515,000 $470,000 -8.7% 0.1%
KeyBank $470,000 n/a 0.1%
DATA MORTGAGE, INC. $215,000 $460,000 114.0% 0.1%
Amerifirst Financial, Inc. $705,000 $455,000 -35.5% 0.1%
PNC Bank $430,000 $450,000 4.7% 0.1%
ZILLOW HOME LOANS, LLC $450,000 n/a 0.1%
SOFI LENDING CORP. $185,000 $385,000 108.1% 0.1%
Gateway First Bank $305,000 $380,000 24.6% 0.1%
STEARNS LENDING, LLC $375,000 n/a 0.1%
WESTCOAST MORTGAGE GROUP AND REALTY COMPANY $370,000 n/a 0.1%
FirstBank $1,350,000 $365,000 -73.0% 0.1%
Discover Bank $270,000 $345,000 27.8% 0.1%
MID AMERICA MORTGAGE, INC. $910,000 $335,000 -63.2% 0.1%
LONGBRIDGE FINANCIAL, LLC $330,000 n/a 0.1%
FBC MORTGAGE, LLC $325,000 n/a 0.1%
Vantage Bank Texas $315,000 n/a 0.1%
Washington Federal Bank $945,000 $305,000 -67.7% 0.0%
CORNERSTONE HOME LENDING, INC. $295,000 n/a 0.0%
AMERICAN ADVISORS GROUP $285,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $155,000 $285,000 83.9% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $285,000 n/a 0.0%
KELLER MORTGAGE, LLC $1,210,000 $285,000 -76.4% 0.0%
Low VA Rates, LLC $2,220,000 $280,000 -87.4% 0.0%
COMMUNITY FIRST CREDIT UNION OF FLO $255,000 n/a 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $375,000 $255,000 -32.0% 0.0%
BEST CAPITAL FUNDING $245,000 n/a 0.0%
OCMBC, INC. $245,000 n/a 0.0%
Watermark Capital, Inc. $245,000 n/a 0.0%
Glacier Bank $235,000 n/a 0.0%
South Pacific Financial Corporation $225,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $315,000 $220,000 -30.2% 0.0%
JAMES B. NUTTER & COMPANY $390,000 $215,000 -44.9% 0.0%
SWBC MORTGAGE CORPORATION $215,000 n/a 0.0%
Florida Capital Bank $265,000 $205,000 -22.6% 0.0%
Hometown Lenders, Inc. $195,000 n/a 0.0%
ON Q FINANCIAL, INC. $430,000 $195,000 -54.7% 0.0%
Willamette Valley Bank $195,000 n/a 0.0%
AMERICAN UNITED FAMILY OF CREDIT UN $185,000 n/a 0.0%
Bank of America $525,000 $185,000 -64.8% 0.0%
RESIDENTIAL BANCORP. $185,000 n/a 0.0%
ALLIANT CREDIT UNION $180,000 n/a 0.0%
Magnolia Bank $330,000 $165,000 -50.0% 0.0%
NOVA FINANCIAL & INVESTMENT CORPORATION $165,000 n/a 0.0%
Colonial Savings, F.A. $410,000 $145,000 -64.6% 0.0%
IDAHO STATE UNIVERSITY $135,000 n/a 0.0%
SPRING EQ, LLC $135,000 n/a 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $125,000 n/a 0.0%
VALLEY STRONG CREDIT UNION $115,000 n/a 0.0%
Arvest Bank $520,000 $105,000 -79.8% 0.0%
AXIA FINANCIAL, LLC $1,500,000 $105,000 -93.0% 0.0%
FINANCE OF AMERICA REVERSE LLC $135,000 $105,000 -22.2% 0.0%
IDAHO CENTRAL $395,000 $95,000 -75.9% 0.0%
NBH Bank $95,000 n/a 0.0%

Elko's top lender by overall market share is GUILD MORTGAGE COMPANY, with 18.9% market share. In second place, with 11.0%, is QUICKEN LOANS, LLC, having originated $68,080,000 in loans. In third place, with 6.6%, is BROKER SOLUTIONS, INC., having originated $41,300,000 in loans. In third place, with 5.1%, is CMG MORTGAGE, INC., having originated $31,805,000 in loans. In third place, with 4.4%, is MOVEMENT MORTGAGE, LLC, having originated $27,340,000 in loans.


Elko, NV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 1,149 $267,815,000 $233,085
Home Purchase 1,035 $277,365,000 $267,986
Cash Out Refi 308 $70,320,000 $228,312
Home Improvement 28 $3,190,000 $113,929
Other 24 $2,700,000 $112,500

Elko's most frequently cited loan purpose was Refi, with 1,149 originations. The 2nd most popular reason was Home Purchase, with 1,035 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,023 $261,705,000 $255,821
2.5-3% 967 $238,835,000 $246,986
<2.5% 435 $90,715,000 $208,540
4-5% 85 $18,875,000 $222,059
Over 8% 10 $1,170,000 $117,000
7-8% 8 $670,000 $83,750
5-6% 7 $1,135,000 $162,143
6-7% 4 $720,000 $180,000

During 2021, Elko's most frequently originated rate bucket was 3-4%, with 1,023 originations.

Loan Sizing (Elko, NV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,546 $419,850,000 $271,572
$100k-200k 699 $111,735,000 $159,850
$400k-600k 150 $68,680,000 $457,867
$100,000 or less 138 $6,900,000 $50,000
$600k-1000k 8 $5,870,000 $733,750
$Over $1MM 3 $8,355,000 $2,785,000

Elko's loan sizing saw the bucket of loans from $200k-400k with 1,546 originations, totaling $419,850,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,145 $313,765,000 $274,031
60-80% 829 $198,565,000 $239,524
40-60% 246 $45,750,000 $185,976
20-40% 70 $8,600,000 $122,857
Under 20% 70 $1,520,000 $21,714
Over 100% 52 $18,000,000 $346,154

Elko's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,145 originations, totaling $313,765,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Elko (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $268,900 (9.8%) $292,673 (12.5%) 0.00 208
2018-02-01 $265,450 (8.2%) $294,301 (12.0%) 0.00 216
2018-03-01 $265,900 (6.4%) $292,140 (10.5%) 0.00 208
2018-04-01 $269,450 (8.3%) $297,178 (12.6%) 0.00 178
2018-05-01 $277,375 (11.3%) $310,737 (16.3%) 0.00 174
2018-06-01 $273,000 (7.1%) $299,073 (10.0%) 0.00 182
2018-07-01 $280,000 (8.1%) $301,967 (11.8%) 0.00 210
2018-08-01 $276,900 (6.9%) $293,820 (7.0%) 0.00 215
2018-09-01 $273,900 (5.8%) $286,668 (0.7%) 0.00 223
2018-10-01 $275,900 (5.1%) $292,296 (1.6%) 0.00 223
2018-11-01 $281,950 (5.6%) $298,774 (5.4%) 0.00 207
2018-12-01 $279,900 (4.1%) $330,887 (14.6%) 0.00 205
2019-01-01 $280,000 (4.1%) $297,884 (1.8%) 0.00 202
2019-02-01 $290,900 (9.6%) $306,259 (4.1%) 0.00 165
2019-03-01 $295,957 (11.3%) $317,623 (8.7%) 0.00 175
2019-04-01 $293,900 (9.1%) $323,079 (8.7%) 0.00 207
2019-05-01 $285,450 (2.9%) $307,190 (-1.1%) 0.00 225
2019-06-01 $284,900 (4.4%) $300,359 (0.4%) 0.00 262
2019-07-01 $290,000 (3.6%) $306,597 (1.5%) 0.00 276
2019-08-01 $298,048 (7.6%) $314,727 (7.1%) 0.00 269
2019-09-01 $307,439 (12.2%) $322,337 (12.4%) 0.00 262
2019-10-01 $307,340 (11.4%) $315,642 (8.0%) 0.00 243
2019-11-01 $304,900 (8.1%) $317,569 (6.3%) 0.00 228
2019-12-01 $308,780 (10.3%) $321,086 (-3.0%) 0.00 227
2020-01-01 $307,774 (9.9%) $320,038 (7.4%) 0.00 214
2020-02-01 $316,000 (8.6%) $320,220 (4.6%) 0.00 195
2020-03-01 $315,500 (6.6%) $320,040 (0.8%) 0.00 183
2020-04-01 $320,250 (9.0%) $325,276 (0.7%) 0.00 167
2020-05-01 $337,000 (18.1%) $340,828 (11.0%) 0.00 157
2020-06-01 $339,625 (19.2%) $345,272 (15.0%) 0.00 143
2020-07-01 $342,450 (18.1%) $352,230 (14.9%) 0.00 127
2020-08-01 $342,900 (15.1%) $350,931 (11.5%) 0.00 121
2020-09-01 $350,500 (14.0%) $357,452 (10.9%) 0.00 111
2020-10-01 $354,000 (15.2%) $368,578 (16.8%) 0.00 119
2020-11-01 $374,500 (22.8%) $387,385 (22.0%) 0.00 126
2020-12-01 $373,650 (21.0%) $382,614 (19.2%) 0.00 129
2021-01-01 $374,000 (21.5%) $379,949 (18.7%) 0.00 121
2021-02-01 $403,000 (27.5%) $394,733 (23.3%) 0.00 95
2021-03-01 $415,000 (31.5%) $395,811 (23.7%) 0.00 98
2021-04-01 $418,150 (30.6%) $399,983 (23.0%) 0.00 89
2021-05-01 $354,900 (5.3%) $402,366 (18.1%) 0.00 40
2021-06-01 $362,400 (6.7%) $488,257 (41.4%) 0.00 45
2021-07-01 $341,400 (-0.3%) $454,311 (29.0%) 0.00 64
2021-08-01 $362,500 (5.7%) $401,175 (14.3%) 0.00 74
2021-09-01 $387,500 (10.6%) $413,540 (15.7%) 0.00 81
2021-10-01 $419,999 (18.6%) $426,424 (15.7%) 0.00 127
2021-11-01 $411,500 (9.9%) $432,678 (11.7%) 0.00 132
2021-12-01 $420,000 (12.4%) $430,766 (12.6%) 0.00 125
2022-01-01 $439,000 (17.4%) $429,859 (13.1%) 0.00 116
2022-02-01 $460,000 (14.1%) $448,252 (13.6%) 0.00 101
2022-03-01 $487,750 (17.5%) $471,519 (19.1%) 0.00 88
2022-04-01 $499,000 (19.3%) $488,146 (22.0%) 0.00 79
2022-05-01 $505,000 (42.3%) $502,002 (24.8%) 0.00 102
Elko's median listing price for 2022-05-01 was $505,000, a difference of $150,100 (42.3%) versus the prior year and $6,000 versus the prior month.

Elko's median listing price comes in at 0% of the national average.

Elko's average listing price for 2022-05-01 was $502,002, a difference of $99,636 (24.8%) versus the prior year and $13,856 versus the prior month.

For the 2022-05-01 period, Elko had 102 MLS listings, a difference of 23 listings (29%) versus the prior month and 62 listings (155%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Elko (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,997 sqft
2018-02-01 0 days 1,990 sqft
2018-03-01 0 days 2,040 sqft
2018-04-01 0 days 1,977 sqft
2018-05-01 0 days 2,055 sqft
2018-06-01 0 days 2,041 sqft
2018-07-01 0 days 1,901 sqft
2018-08-01 0 days 1,804 sqft
2018-09-01 0 days 1,750 sqft
2018-10-01 0 days 1,770 sqft
2018-11-01 0 days 1,782 sqft
2018-12-01 0 days 1,900 sqft
2019-01-01 0 days 1,906 sqft
2019-02-01 0 days 1,933 sqft
2019-03-01 0 days 1,934 sqft
2019-04-01 0 days 1,923 sqft
2019-05-01 0 days 1,898 sqft
2019-06-01 0 days 1,895 sqft
2019-07-01 0 days 1,917 sqft
2019-08-01 0 days 1,965 sqft
2019-09-01 0 days 2,018 sqft
2019-10-01 0 days 2,048 sqft
2019-11-01 0 days 2,073 sqft
2019-12-01 0 days 2,101 sqft
2020-01-01 0 days 2,113 sqft
2020-02-01 0 days 2,062 sqft
2020-03-01 0 days 2,000 sqft
2020-04-01 0 days 2,008 sqft
2020-05-01 0 days 2,128 sqft
2020-06-01 0 days 2,115 sqft
2020-07-01 0 days 2,114 sqft
2020-08-01 0 days 2,114 sqft
2020-09-01 0 days 2,114 sqft
2020-10-01 0 days 2,220 sqft
2020-11-01 0 days 2,114 sqft
2020-12-01 0 days 2,038 sqft
2021-01-01 0 days 2,000 sqft
2021-02-01 0 days 2,220 sqft
2021-03-01 0 days 2,220 sqft
2021-04-01 0 days 2,220 sqft
2021-05-01 0 days 2,114 sqft
2021-06-01 0 days 2,239 sqft
2021-07-01 0 days 2,239 sqft
2021-08-01 0 days 2,084 sqft
2021-09-01 0 days 2,039 sqft
2021-10-01 0 days 2,114 sqft
2021-11-01 0 days 2,027 sqft
2021-12-01 0 days 2,114 sqft
2022-01-01 0 days 2,114 sqft
2022-02-01 0 days 2,204 sqft
2022-03-01 0 days 2,220 sqft
2022-04-01 0 days 2,245 sqft
2022-05-01 0 days 2,302 sqft
Elko's median listing age (time on market) for 2022-05-01 was 0 days.

Elko's median square footage for active listings during the 2022-05-01 period was 2,302 sqft. One year prior, the average listing was 2,114 sqft.