Fernley Mortgage Rates

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

30 Year Fixed Rate mortgages in Fernley averaged 6.01% 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 5.98% and one month ago for the week of 2022-05-19, the average rate was 5.35%.

Fernley's average rate one year ago was 3.17%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.98%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Fernley 30 Year Fixed Rate 2022-06-23 6.01%
Fernley 30 Year Fixed Rate Refi 2022-06-23 5.98%
Fernley 15 Year Fixed Rate 2022-06-23 5.18%
Fernley 15 Year Fixed Rate Refi 2022-06-23 5%
Fernley 30 Year FHA 2022-06-23 0.04%
Fernley 30 Year FHA Refi 2022-06-23 0.09%
Fernley 30 Year USDA 2022-06-23 0.14%
Fernley 30 Year USDA Refi 2022-06-23 0.43%
Fernley 30 Year VA 2022-06-23 0.26%
Fernley 30 Year VA Refi 2022-06-23 0.06%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fernley, NV.

Fernley 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 Fernley, 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 358 3.32% $5,488
QUICKEN LOANS, LLC 279 3.07% $5,410
GREATER NEVADA LLC 115 3.24% $5,351
SUMMIT FUNDING, INC. 96 3.40% $5,985
LOANDEPOT.COM, LLC 81 3.04% $4,444
UNITED WHOLESALE MORTGAGE, LLC 71 3.00% $3,045
FINANCE OF AMERICA MORTGAGE LLC 71 3.27% $4,894
BROKER SOLUTIONS, INC. 67 3.38% $5,348
PRIMELENDING, A PLAINSCAPITAL COMPANY 55 3.42% $5,118
Wells Fargo Bank 49 3.23% $2,940
AMERISAVE MORTGAGE CORPORATION 42 2.88% $4,294
UNITED 41 3.23% $3,794
EAGLE HOME MORTGAGE, LLC 40 3.16% $4,726
U.S. Bank 40 3.26% $2,906
Mr. Cooper ( Nationstar Mortgage ) 32 3.21% $6,149
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 30 3.36% $5,192
MOVEMENT MORTGAGE, LLC 29 3.15% $4,487
PENNYMAC LOAN SERVICES, LLC 29 3.11% $5,481
ISERVE RESIDENTIAL LENDING, LLC 28 3.41% $4,533
CROSSCOUNTRY MORTGAGE, LLC 28 3.23% $5,237
Sierra Pacific Mortgage Company, Inc. 27 3.29% $5,076
MUTUAL OF OMAHA MORTGAGE, INC. 25 3.24% $3,854
ALL WESTERN MORTGAGE, INC. 22 3.34% $3,729
Northpointe Bank 20 3.27% $4,443
Umpqua Bank 19 3.26% $3,228
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 18 3.32% $4,578
Wolfe Financial, Inc 15 3.20% $4,890
JPMorgan Chase Bank 15 3.28% $2,740
NAVY FEDERAL CREDIT UNION 15 3.42% $4,627
FREEDOM MORTGAGE CORPORATION 15 3.25% $2,897
CALCON MUTUAL MORTGAGE LLC 15 3.38% $4,957
AXIA FINANCIAL, LLC 14 3.10% $3,852
CALIBER HOME LOANS, INC. 14 3.26% $4,326
Hometown Lenders, Inc. 14 3.08% $4,562
LOANPAL, LLC 14 3.06% $5,620
Zions Bancorporation, N.A. 14 3.13% $2,722
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 12 3.00% $5,640
BAY EQUITY LLC 12 3.11% $5,350
GENEVA FINANCIAL, LLC 12 3.35% $4,160
Flagstar Bank, FSB 12 3.25% $4,002
SYNERGY HOME MORTGAGE, LLC 11 3.44% $3,772
HOME POINT FINANCIAL CORPORATION 10 3.19% $5,099
AMERICAN FINANCIAL NETWORK, INC. 9 3.07% $8,250
GUARANTEED RATE, INC. 9 3.29% $4,656
NEWREZ LLC 9 3.26% $3,717
CMG MORTGAGE, INC. 9 3.15% $5,170
LADERA LENDING, INC. 9 3.04% $4,034
AMERICAN PACIFIC MORTGAGE CORPORATION 9 3.26% $4,665
Gateway First Bank 8 3.55% $5,526
PRIMARY RESIDENTIAL MORTGAGE, INC. 7 3.20% $5,382
CELEBRITY HOME LOANS, LLC 7 3.55% $5,060
MASON MCDUFFIE MORTGAGE CORPORATION 6 3.27% $4,699
FirstBank 6 3.00% $3,027
Bank of America 6 3.13% $2,557
Equity Prime Mortgage LLC 6 3.75% $3,398
NBKC BANK 6 3.18% $1,613
Commerce Home Mortgage, Inc. 5 3.08% $3,140
ZILLOW HOME LOANS, LLC 5 3.03% $5,450
KELLER MORTGAGE, LLC 5 3.43% $3,054
Nations Lending Corporation 5 2.90% $8,356
ALAMEDA MORTGAGE CORPORATION 4 3.34% $5,178
RESIDENTIAL BANCORP. 4 3.22% $7,670
PROVIDENT FUNDING ASSOCIATES, L.P. 4 2.78% $2,101
LENDUS, LLC 4 3.47% $2,910
Paramount Residential Mortgage Group, Inc. 4 2.84% $6,291
Mortgage Research Center, LLC 4 2.78% $4,692
North American Savings Bank, F.S.B. 4 3.03% $1,275
Carrington Mortgage Services, LLC 4 3.25% $4,745
AMERICA FIRST 4 3.09% $5,015
DRAPER AND KRAMER MORTGAGE CORP. 4 2.88% $3,079
MANN FINANCIAL INC. 4 3.41% $5,526
INSPIRE HOME LOANS INC. 3 3.42% $3,395
PNC Bank 3 3.17% $3,678
DIGNIFIED HOME LOANS, LLC 3 3.29% $6,166
Bank of the West 3 3.13% $3,274
ANGEL OAK HOME LOANS LLC 3 3.42% $4,439
Watermark Capital, Inc. 3 2.96% $3,126
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 3.42% $2,644
CANOPY MORTGAGE, LLC 3 3.29% $4,502
BOKF 2 3.38% $3,680
EVERETT FINANCIAL, INC. 2 3.31% $4,258
First Guaranty Mortgage Corporation 2 3.19% $6,297
First Savings Bank 2 2.81% $10,411
Fremont Bank 2 3.25% $509
GUARANTEED RATE AFFINITY, LLC 2 2.87% $3,364
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 4.13% $6,884
INFINITY EQUITY GROUP, INC. 2 3.31% $5,398
InterContinental Capital Group, Inc 2 2.88% $5,794
JMAC LENDING, INC. 2 3.00% $3,379
LAKEVIEW LOAN SERVICING, LLC 2 3.19% $4,883
LAND HOME FINANCIAL SERVICES, INC. 2 2.94% $5,701
MOUNTAIN AMERICA 2 2.69% $4,488
MUFG Union Bank 2 3.19% $4,176
ONY GLO, INC. 2 2.88% $5,496
Operating Engineers Local Union #3 2 3.06% $3,740
PREMIER MORTGAGE RESOURCES, L.L.C. 2 3.38% $3,862
Arvest Bank 2 3.44% $4,041
SOFI LENDING CORP. 2 3.00% $4,000
SOVEREIGN LENDING GROUP INCORPORATED 2 2.94% $4,040
STEARNS LENDING, LLC 2 3.13% $6,654
SUN WEST MORTGAGE COMPANY, INC. 2 3.69% $4,838
ACADEMY MORTGAGE CORPORATION 2 3.31% $4,880
TOP FLITE FINANCIAL, INC. 2 3.06% $7,519
UNION HOME MORTGAGE CORP. 2 2.94% $3,939
AMERICAN INTERNET MORTGAGE, INC. 2 2.88% $2,233
UNIVERSAL MORTGAGE & FINANCE, INC. 2 3.31% $7,868
USAA Federal Savings Bank 2 3.00% $4,913
Washington Federal Bank 2 3.19% $4,187
Greenbox Loans, Inc. 1 8.13% $9,076
City Bank 1 3.13% $3,522
Great Basin Federal Credit Union 1 2.88% $3,714
OAKTREE FUNDING CORP. 1 5.38% $10,300
ONE NEVADA CREDIT UNION 1 3.00% $3,588
ON Q FINANCIAL, INC. 1 3.49% $3,502
WESTERN EXPRESS LENDING 1 2.88% $4,580
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.25% $4,692
PACIFIC SERVICE 1 2.88% $3,059
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.38% $4,473
Axos Bank 1 2.75% $4,014
PINNACLE LENDING GROUP, INC. 1 3.38% $3,938
PLANET HOME LENDING, LLC 1 3.50% $3,949
Glacier Bank 1 3.38% $2,285
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.00% $4,469
Colonial Savings, F.A. 1 3.50% $1,661
Wyndham Capital Mortgage, Inc. 1 3.13% $960
Franklin Loan Corporation 1 3.38% $5,976
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.75% $3,381
Colten Mortgage, LLC 1 2.75% $5,894
RMS & Associates 1 3.49% $6,714
First Western Trust Bank 1 3.00% $3,843
SECURITYNATIONAL MORTGAGE COMPANY 1 3.25% $3,893
Servion, Inc. 1 2.88% $4,103
First Internet Bank of Indiana 1 3.25% $3,226
ENERGY ONE FEDERAL CREDIT UNION 1 3.50% $5,070
AMERICAN FINANCING CORPORATION 1 3.13% $4,098
STAR ONE CREDIT UNION 1 3.00% $2,301
VAN DYK MORTGAGE CORPORATION 1 3.00% $2,929
Stifel Bank and Trust 1 3.13% $3,003
Amerifirst Financial, Inc. 1 3.00% $3,091
El Dorado Savings Bank, F.S.B. 1 2.75% $2,911
FBC MORTGAGE, LLC 1 2.99% $4,734
The Federal Savings Bank 1 3.25% $4,529
TJC Mortgage, Inc. 1 2.88% $3,090
DATA MORTGAGE, INC. 1 3.13% $2,392
LEADERONE FINANCIAL CORPORATION 1 3.50% $8,018
KeyBank 1 2.99% $3,018
CHERRY CREEK MORTGAGE, LLC 1 3.50% $623
INTERNATIONAL CITY MORTGAGE, INC. 1 3.25% $3,160
INTERCAP LENDING INC. 1 3.13% $3,649
INTELLILOAN, INC. 1 3.25% $2,195
MICHIGAN MUTUAL, INC. 1 3.00% $4,884
IMPAC MORTGAGE CORP. 1 2.75% $600
Truist Bank 1 3.63% $1,905
Cache Valley Bank 1 2.99% $5,224
DIRECT MORTGAGE, CORP. 1 3.25% $9,007
First Federal Bank 1 3.88% $6,979
Barrington Bank & Trust Company, N.A. 1 3.63% $4,166
CHEVRON 1 2.88% $5,142
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 2.88% $4,258
CHURCHILL MORTGAGE CORPORATION 1 4.13% $4,591
Neighborhood Loans, Inc. 1 3.38% $3,042

Fernley, NV's 161 lenders originated 4,714 loans during 2021. The total origination value was $1,199,400,000, with an average loan value of $254,434.

The top Fernley lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 358 loans originated. Their average total fees are $5,488, which is $78 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Fernley lenders (with over 10 loans originated) are Zions Bancorporation, N.A. ($2,722), JPMorgan Chase Bank ($2,740), FREEDOM MORTGAGE CORPORATION ($2,897), U.S. Bank ($2,906) and Wells Fargo Bank ($2,940).

The lowest rate Fernley lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.88%), UNITED WHOLESALE MORTGAGE, LLC (3.00%), CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP (3.00%), LOANDEPOT.COM, LLC (3.04%) and LOANPAL, LLC (3.06%).

Fernley, 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 $146,320,000 $187,550,000 28.2% 15.6%
QUICKEN LOANS, LLC $111,705,000 $114,420,000 2.4% 9.5%
SUMMIT FUNDING, INC. $37,110,000 $53,955,000 45.4% 4.5%
FREEDOM MORTGAGE CORPORATION $47,875,000 $41,365,000 -13.6% 3.4%
GREATER NEVADA LLC $36,685,000 $39,055,000 6.5% 3.3%
BROKER SOLUTIONS, INC. $44,925,000 $35,520,000 -20.9% 3.0%
LOANDEPOT.COM, LLC $15,940,000 $34,830,000 118.5% 2.9%
FINANCE OF AMERICA MORTGAGE LLC $37,415,000 $29,285,000 -21.7% 2.4%
UNITED WHOLESALE MORTGAGE, LLC $18,680,000 $28,925,000 54.8% 2.4%
PENNYMAC LOAN SERVICES, LLC $12,180,000 $23,850,000 95.8% 2.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $23,860,000 $23,595,000 -1.1% 2.0%
Mortgage Research Center, LLC $15,075,000 $21,230,000 40.8% 1.8%
Wells Fargo Bank $15,000,000 $20,855,000 39.0% 1.7%
EAGLE HOME MORTGAGE, LLC $13,645,000 $20,500,000 50.2% 1.7%
ISERVE RESIDENTIAL LENDING, LLC $13,440,000 $19,060,000 41.8% 1.6%
UNITED $11,400,000 $18,040,000 58.2% 1.5%
U.S. Bank $13,890,000 $17,040,000 22.7% 1.4%
AMERISAVE MORTGAGE CORPORATION $6,960,000 $15,530,000 123.1% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $4,135,000 $15,315,000 270.4% 1.3%
MOVEMENT MORTGAGE, LLC $14,325,000 $15,115,000 5.5% 1.3%
Mr. Cooper ( Nationstar Mortgage ) $14,045,000 $13,920,000 -0.9% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,965,000 $13,600,000 128.0% 1.1%
Sierra Pacific Mortgage Company, Inc. $11,145,000 $13,010,000 16.7% 1.1%
NAVY FEDERAL CREDIT UNION $10,450,000 $11,930,000 14.2% 1.0%
Northpointe Bank $4,185,000 $11,615,000 177.5% 1.0%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $7,710,000 $9,705,000 25.9% 0.8%
ALL WESTERN MORTGAGE, INC. $1,000,000 $9,690,000 869.0% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $7,265,000 $9,690,000 33.4% 0.8%
HOME POINT FINANCIAL CORPORATION $4,290,000 $8,775,000 104.5% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $8,405,000 $8,550,000 1.7% 0.7%
Wolfe Financial, Inc $4,170,000 $8,460,000 102.9% 0.7%
Umpqua Bank $6,940,000 $7,965,000 14.8% 0.7%
CALIBER HOME LOANS, INC. $8,855,000 $7,760,000 -12.4% 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $8,210,000 $7,755,000 -5.5% 0.6%
BAY EQUITY LLC $4,970,000 $7,755,000 56.0% 0.6%
CLEARPATH LENDING $10,465,000 $7,685,000 -26.6% 0.6%
LAKEVIEW LOAN SERVICING, LLC $7,360,000 $7,280,000 -1.1% 0.6%
CELEBRITY HOME LOANS, LLC $6,675,000 n/a 0.6%
NEWREZ LLC $4,450,000 $6,335,000 42.4% 0.5%
The Federal Savings Bank $8,100,000 $6,325,000 -21.9% 0.5%
AXIA FINANCIAL, LLC $8,390,000 $6,275,000 -25.2% 0.5%
Zions Bancorporation, N.A. $6,625,000 $6,075,000 -8.3% 0.5%
Carrington Mortgage Services, LLC $6,425,000 $6,070,000 -5.5% 0.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,840,000 $6,060,000 3.8% 0.5%
Mechanics Bank $6,005,000 n/a 0.5%
CALCON MUTUAL MORTGAGE LLC $5,635,000 $5,940,000 5.4% 0.5%
GUARANTEED RATE, INC. $6,150,000 $5,895,000 -4.1% 0.5%
SUN WEST MORTGAGE COMPANY, INC. $2,225,000 $5,675,000 155.1% 0.5%
NEW DAY FINANCIAL, LLC $2,620,000 $5,545,000 111.6% 0.5%
Flagstar Bank, FSB $6,845,000 $5,385,000 -21.3% 0.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $4,375,000 $5,160,000 17.9% 0.4%
JPMorgan Chase Bank $2,790,000 $5,100,000 82.8% 0.4%
AMERICAN ADVISORS GROUP $1,750,000 $5,025,000 187.1% 0.4%
USAA Federal Savings Bank $4,390,000 $4,995,000 13.8% 0.4%
VILLAGE CAPITAL & INVESTMENT LLC $4,160,000 $4,940,000 18.8% 0.4%
SYNERGY HOME MORTGAGE, LLC $6,410,000 $4,715,000 -26.4% 0.4%
CMG MORTGAGE, INC. $9,280,000 $4,265,000 -54.0% 0.4%
Hometown Lenders, Inc. $2,655,000 $4,225,000 59.1% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $3,985,000 $4,100,000 2.9% 0.3%
MASON MCDUFFIE MORTGAGE CORPORATION $2,075,000 $3,940,000 89.9% 0.3%
LOANPAL, LLC $2,690,000 $3,860,000 43.5% 0.3%
Bank of America $2,655,000 $3,685,000 38.8% 0.3%
RESIDENTIAL BANCORP. $1,375,000 $3,680,000 167.6% 0.3%
LADERA LENDING, INC. $3,140,000 $3,420,000 8.9% 0.3%
Low VA Rates, LLC $4,490,000 $3,305,000 -26.4% 0.3%
Nations Lending Corporation $215,000 $3,120,000 1,351.2% 0.3%
MOUNTAIN AMERICA $1,680,000 $2,815,000 67.6% 0.2%
PNC Bank $1,095,000 $2,725,000 148.9% 0.2%
GENEVA FINANCIAL, LLC $2,940,000 $2,625,000 -10.7% 0.2%
Gateway First Bank $2,140,000 $2,620,000 22.4% 0.2%
MANN FINANCIAL INC. $3,355,000 $2,465,000 -26.5% 0.2%
Paramount Residential Mortgage Group, Inc. $3,800,000 $2,425,000 -36.2% 0.2%
LENDUS, LLC $725,000 $2,330,000 221.4% 0.2%
NBKC BANK $3,215,000 $2,255,000 -29.9% 0.2%
ON Q FINANCIAL, INC. $3,400,000 $2,200,000 -35.3% 0.2%
FirstBank $1,130,000 $2,125,000 88.1% 0.2%
ZILLOW HOME LOANS, LLC $2,095,000 n/a 0.2%
PLANET HOME LENDING, LLC $1,285,000 $2,070,000 61.1% 0.2%
DRAPER AND KRAMER MORTGAGE CORP. $2,015,000 n/a 0.2%
Commerce Home Mortgage, Inc. $2,930,000 $2,010,000 -31.4% 0.2%
AMERICAN INTERNET MORTGAGE, INC. $910,000 $1,950,000 114.3% 0.2%
KELLER MORTGAGE, LLC $510,000 $1,920,000 276.5% 0.2%
ALAMEDA MORTGAGE CORPORATION $1,240,000 $1,830,000 47.6% 0.2%
InterContinental Capital Group, Inc $2,650,000 $1,725,000 -34.9% 0.1%
Barrington Bank & Trust Company, N.A. $5,205,000 $1,710,000 -67.1% 0.1%
Bank of the West $6,510,000 $1,655,000 -74.6% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $905,000 $1,585,000 75.1% 0.1%
AMERICA FIRST $430,000 $1,575,000 266.3% 0.1%
Equity Prime Mortgage LLC $1,735,000 $1,555,000 -10.4% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $2,920,000 $1,550,000 -46.9% 0.1%
ANGEL OAK HOME LOANS LLC $1,525,000 n/a 0.1%
North American Savings Bank, F.S.B. $2,145,000 $1,515,000 -29.4% 0.1%
Wyndham Capital Mortgage, Inc. $660,000 $1,500,000 127.3% 0.1%
DIGNIFIED HOME LOANS, LLC $280,000 $1,410,000 403.6% 0.1%
Operating Engineers Local Union #3 $1,190,000 $1,400,000 17.6% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $1,370,000 n/a 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $1,670,000 $1,340,000 -19.8% 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $460,000 $1,250,000 171.7% 0.1%
FINANCE OF AMERICA REVERSE LLC $575,000 $1,225,000 113.0% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $685,000 $1,210,000 76.6% 0.1%
JMAC LENDING, INC. $430,000 $1,180,000 174.4% 0.1%
CANOPY MORTGAGE, LLC $1,175,000 n/a 0.1%
Franklin Loan Corporation $500,000 $1,140,000 128.0% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $1,040,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $960,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $210,000 $955,000 354.8% 0.1%
LONGBRIDGE FINANCIAL, LLC $390,000 $930,000 138.5% 0.1%
BOKF $305,000 $915,000 200.0% 0.1%
Watermark Capital, Inc. $905,000 n/a 0.1%
INSPIRE HOME LOANS INC. $470,000 $900,000 91.5% 0.1%
Axos Bank $275,000 $895,000 225.5% 0.1%
Farmers Bank & Trust $890,000 n/a 0.1%
21ST MORTGAGE CORPORATION $800,000 $835,000 4.4% 0.1%
STANFORD Federal Credit Union $835,000 n/a 0.1%
INFINITY EQUITY GROUP, INC. $135,000 $815,000 503.7% 0.1%
TOP FLITE FINANCIAL, INC. $790,000 n/a 0.1%
First Guaranty Mortgage Corporation $780,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $485,000 $770,000 58.8% 0.1%
Arvest Bank $930,000 $765,000 -17.7% 0.1%
UNIVERSAL MORTGAGE & FINANCE, INC. $450,000 $760,000 68.9% 0.1%
CHURCHILL MORTGAGE CORPORATION $740,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $1,295,000 $735,000 -43.2% 0.1%
SOFI LENDING CORP. $225,000 $730,000 224.4% 0.1%
AMERICAN FINANCING CORPORATION $625,000 $700,000 12.0% 0.1%
EVERETT FINANCIAL, INC. $430,000 $700,000 62.8% 0.1%
Glacier Bank $585,000 $700,000 19.7% 0.1%
Fremont Bank $205,000 $680,000 231.7% 0.1%
PHH Mortgage Corporation $680,000 $675,000 -0.7% 0.1%
Colonial Savings, F.A. $175,000 $670,000 282.9% 0.1%
PENTAGON FEDERAL CREDIT UNION $345,000 $660,000 91.3% 0.1%
SWBC MORTGAGE CORPORATION $660,000 n/a 0.1%
STEARNS LENDING, LLC $655,000 n/a 0.1%
Figure Lending LLC $140,000 $635,000 353.6% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $470,000 $635,000 35.1% 0.1%
Great Basin Federal Credit Union $660,000 $625,000 -5.3% 0.1%
Washington Federal Bank $875,000 $615,000 -29.7% 0.1%
UNION HOME MORTGAGE CORP. $570,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $550,000 n/a 0.0%
IMPAC MORTGAGE CORP. $540,000 n/a 0.0%
Chickasaw Community Bank $245,000 $530,000 116.3% 0.0%
First Savings Bank $1,880,000 $510,000 -72.9% 0.0%
INTERNATIONAL CITY MORTGAGE, INC. $1,805,000 $510,000 -71.7% 0.0%
ONY GLO, INC. $245,000 $500,000 104.1% 0.0%
VAN DYK MORTGAGE CORPORATION $490,000 $490,000 0.0% 0.0%
MORIA DEVELOPMENT, INC. $735,000 $470,000 -36.1% 0.0%
First Federal Bank $960,000 $460,000 -52.1% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $450,000 n/a 0.0%
Colten Mortgage, LLC $865,000 $450,000 -48.0% 0.0%
Cornerstone First Mortgage, Inc $445,000 n/a 0.0%
WESTCOAST MORTGAGE GROUP AND REALTY COMPANY $225,000 $445,000 97.8% 0.0%
GUARANTEED RATE AFFINITY, LLC $440,000 $440,000 0.0% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $245,000 $420,000 71.4% 0.0%
REVERSE MORTGAGE FUNDING LLC $185,000 $410,000 121.6% 0.0%
FBC MORTGAGE, LLC $405,000 n/a 0.0%
MUFG Union Bank $550,000 $400,000 -27.3% 0.0%
Armed Forces Bank $385,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $365,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $500,000 $350,000 -30.0% 0.0%
City Bank $285,000 $345,000 21.1% 0.0%
Loan Simple, Inc. $520,000 $345,000 -33.7% 0.0%
TJC Mortgage, Inc. $335,000 n/a 0.0%
INTERCAP LENDING INC. $325,000 n/a 0.0%
OAKTREE FUNDING CORP. $325,000 n/a 0.0%
Stifel Bank and Trust $245,000 $325,000 32.7% 0.0%
Meridian Bank Corporation $570,000 $315,000 -44.7% 0.0%
Amerifirst Financial, Inc. $285,000 $305,000 7.0% 0.0%
LEADERONE FINANCIAL CORPORATION $590,000 $305,000 -48.3% 0.0%
PACIFIC SERVICE $305,000 n/a 0.0%
Servion, Inc. $305,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $250,000 $300,000 20.0% 0.0%
DIRECT MORTGAGE, CORP. $295,000 n/a 0.0%
First Western Trust Bank $295,000 n/a 0.0%
Neighborhood Loans, Inc. $295,000 n/a 0.0%
CHEVRON $285,000 n/a 0.0%
ENERGY ONE FEDERAL CREDIT UNION $275,000 n/a 0.0%
INTELLILOAN, INC. $275,000 $275,000 0.0% 0.0%
KeyBank $275,000 n/a 0.0%
ONE NEVADA CREDIT UNION $205,000 $275,000 34.1% 0.0%
Discover Bank $365,000 $270,000 -26.0% 0.0%
DATA MORTGAGE, INC. $1,250,000 $265,000 -78.8% 0.0%
PINNACLE LENDING GROUP, INC. $920,000 $265,000 -71.2% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $245,000 n/a 0.0%
BELEM SERVICING LLC $530,000 $235,000 -55.7% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $235,000 n/a 0.0%
Magnolia Bank $2,705,000 $235,000 -91.3% 0.0%
RMS & Associates $235,000 n/a 0.0%
WESTERN EXPRESS LENDING $265,000 $215,000 -18.9% 0.0%
Cache Valley Bank $195,000 n/a 0.0%
First Internet Bank of Indiana $430,000 $185,000 -57.0% 0.0%
Tri Counties Bank $1,205,000 $185,000 -84.6% 0.0%
First Home Bank $855,000 $175,000 -79.5% 0.0%
Greenbox Loans, Inc. $175,000 n/a 0.0%
STAR ONE CREDIT UNION $175,000 n/a 0.0%
HighTechLending Inc $165,000 n/a 0.0%
El Dorado Savings Bank, F.S.B. $155,000 n/a 0.0%
Paramount Bank $155,000 n/a 0.0%
Manufacturers and Traders Trust Company $340,000 $135,000 -60.3% 0.0%
Baxter Credit Union $125,000 n/a 0.0%
LOS ANGELES POLICE Federal Credit Union $115,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $1,455,000 $105,000 -92.8% 0.0%
NOVA FINANCIAL & INVESTMENT CORPORATION $135,000 $75,000 -44.4% 0.0%
ALLIANT CREDIT UNION $55,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
Truist Bank $640,000 $55,000 -91.4% 0.0%
LOGIX FEDERAL CREDIT UNION $235,000 $45,000 -80.9% 0.0%
SPRING EQ, LLC $35,000 n/a 0.0%
TCF National Bank $210,000 $35,000 -83.3% 0.0%

Fernley's top lender by overall market share is GUILD MORTGAGE COMPANY, with 15.6% market share. In second place, with 9.5%, is QUICKEN LOANS, LLC, having originated $114,420,000 in loans. In third place, with 4.5%, is SUMMIT FUNDING, INC., having originated $53,955,000 in loans. In third place, with 3.4%, is FREEDOM MORTGAGE CORPORATION, having originated $41,365,000 in loans. In third place, with 3.3%, is GREATER NEVADA LLC, having originated $39,055,000 in loans.


Fernley, NV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,769 $511,645,000 $289,228
Refi 1,628 $375,130,000 $230,424
Cash Out Refi 1,168 $292,760,000 $250,651
Home Improvement 93 $15,045,000 $161,774
Other 56 $4,820,000 $86,071

Fernley's most frequently cited loan purpose was Home Purchase, with 1,769 originations. The 2nd most popular reason was Refi, with 1,628 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,951 $526,605,000 $269,915
2.5-3% 1,673 $430,835,000 $257,522
<2.5% 813 $180,475,000 $221,986
4-5% 204 $52,110,000 $255,441
Over 8% 22 $1,420,000 $64,545
5-6% 19 $2,185,000 $115,000
7-8% 13 $3,255,000 $250,385
6-7% 9 $1,005,000 $111,667

During 2021, Fernley's most frequently originated rate bucket was 3-4%, with 1,951 originations.

Loan Sizing (Fernley, NV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,983 $847,205,000 $284,011
$100k-200k 1,041 $163,895,000 $157,440
$400k-600k 346 $158,310,000 $457,543
$100,000 or less 332 $15,220,000 $45,843
$600k-1000k 10 $7,010,000 $701,000
$Over $1MM 2 $7,760,000 $3,880,000

Fernley's loan sizing saw the bucket of loans from $200k-400k with 2,983 originations, totaling $847,205,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,672 $519,960,000 $310,981
60-80% 1,435 $389,275,000 $271,272
40-60% 798 $163,120,000 $204,411
20-40% 311 $39,025,000 $125,482
Under 20% 215 $6,415,000 $29,837
Over 100% 88 $31,980,000 $363,409

Fernley's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,672 originations, totaling $519,960,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fernley (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 $299,900 (15.8%) $365,549 (24.1%) 0.00 182
2018-02-01 $307,752 (16.7%) $384,891 (26.8%) 0.00 152
2018-03-01 $307,900 (13.0%) $382,711 (22.5%) 0.00 160
2018-04-01 $308,250 (10.1%) $388,525 (14.7%) 0.00 157
2018-05-01 $307,000 (5.9%) $384,007 (8.5%) 0.00 160
2018-06-01 $299,900 (3.1%) $379,895 (9.3%) 0.00 183
2018-07-01 $296,100 (-1.3%) $374,301 (5.1%) 0.00 200
2018-08-01 $292,486 (-2.2%) $372,372 (5.3%) 0.00 205
2018-09-01 $295,000 (0.1%) $364,995 (4.8%) 0.00 235
2018-10-01 $295,000 (-1.2%) $349,682 (1.7%) 0.00 239
2018-11-01 $298,500 (2.3%) $348,232 (2.7%) 0.00 211
2018-12-01 $299,990 (3.5%) $367,772 (4.8%) 0.00 200
2019-01-01 $304,450 (1.5%) $365,978 (0.1%) 0.00 192
2019-02-01 $318,700 (3.6%) $373,325 (-3.0%) 0.00 185
2019-03-01 $326,329 (6.0%) $383,591 (0.2%) 0.00 188
2019-04-01 $333,829 (8.3%) $393,281 (1.2%) 0.00 196
2019-05-01 $336,450 (9.6%) $385,675 (0.4%) 0.00 216
2019-06-01 $332,400 (10.8%) $380,741 (0.2%) 0.00 227
2019-07-01 $336,900 (13.8%) $377,554 (0.9%) 0.00 256
2019-08-01 $331,586 (13.4%) $368,873 (-0.9%) 0.00 263
2019-09-01 $325,398 (10.3%) $360,329 (-1.3%) 0.00 267
2019-10-01 $330,000 (11.9%) $370,330 (5.9%) 0.00 257
2019-11-01 $334,900 (12.2%) $380,042 (9.1%) 0.00 238
2019-12-01 $328,925 (9.7%) $373,884 (1.7%) 0.00 212
2020-01-01 $325,000 (6.8%) $375,879 (2.7%) 0.00 183
2020-02-01 $340,000 (6.7%) $381,642 (2.2%) 0.00 172
2020-03-01 $340,000 (4.2%) $383,888 (0.1%) 0.00 178
2020-04-01 $329,400 (-1.3%) $376,145 (-4.4%) 0.00 196
2020-05-01 $337,207 (0.2%) $390,206 (1.2%) 0.00 170
2020-06-01 $352,400 (6.0%) $427,219 (12.2%) 0.00 157
2020-07-01 $357,187 (6.0%) $423,650 (12.2%) 0.00 149
2020-08-01 $352,558 (6.3%) $422,693 (14.6%) 0.00 128
2020-09-01 $380,950 (17.1%) $447,148 (24.1%) 0.00 122
2020-10-01 $365,000 (10.6%) $426,813 (15.3%) 0.00 116
2020-11-01 $365,000 (9.0%) $448,443 (18.0%) 0.00 85
2020-12-01 $344,950 (4.9%) $425,567 (13.8%) 0.00 71
2021-01-01 $332,000 (2.2%) $422,709 (12.5%) 0.00 58
2021-02-01 $359,950 (5.9%) $432,138 (13.2%) 0.00 47
2021-03-01 $330,000 (-2.9%) $420,237 (9.5%) 0.00 44
2021-04-01 $359,500 (9.1%) $411,300 (9.4%) 0.00 75
2021-05-01 $376,200 (11.6%) $435,908 (11.7%) 0.00 62
2021-06-01 $404,900 (14.9%) $475,586 (11.3%) 0.00 63
2021-07-01 $411,250 (15.1%) $483,902 (14.2%) 0.00 70
2021-08-01 $419,950 (19.1%) $476,820 (12.8%) 0.00 106
2021-09-01 $424,950 (11.6%) $486,473 (8.8%) 0.00 114
2021-10-01 $419,000 (14.8%) $471,026 (10.4%) 0.00 147
2021-11-01 $416,950 (14.2%) $463,928 (3.5%) 0.00 152
2021-12-01 $416,950 (20.9%) $458,400 (7.7%) 0.00 123
2022-01-01 $419,000 (26.2%) $464,275 (9.8%) 0.00 106
2022-02-01 $429,000 (19.2%) $468,098 (8.3%) 0.00 85
2022-03-01 $431,950 (30.9%) $469,242 (11.7%) 0.00 82
2022-04-01 $443,800 (23.5%) $485,549 (18.1%) 0.00 109
2022-05-01 $444,450 (18.1%) $490,536 (12.5%) 0.00 142
Fernley's median listing price for 2022-05-01 was $444,450, a difference of $68,250 (18.1%) versus the prior year and $650 versus the prior month.

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

Fernley's average listing price for 2022-05-01 was $490,536, a difference of $54,628 (12.5%) versus the prior year and $4,987 versus the prior month.

For the 2022-05-01 period, Fernley had 142 MLS listings, a difference of 33 listings (30%) versus the prior month and 80 listings (129%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fernley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,929 sqft
2018-02-01 0 days 1,976 sqft
2018-03-01 0 days 1,930 sqft
2018-04-01 0 days 1,930 sqft
2018-05-01 0 days 1,887 sqft
2018-06-01 0 days 1,824 sqft
2018-07-01 0 days 1,810 sqft
2018-08-01 0 days 1,795 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,809 sqft
2018-11-01 0 days 1,822 sqft
2018-12-01 0 days 1,835 sqft
2019-01-01 0 days 1,835 sqft
2019-02-01 0 days 1,878 sqft
2019-03-01 0 days 1,903 sqft
2019-04-01 0 days 1,912 sqft
2019-05-01 0 days 1,905 sqft
2019-06-01 0 days 1,861 sqft
2019-07-01 0 days 1,879 sqft
2019-08-01 0 days 1,846 sqft
2019-09-01 0 days 1,795 sqft
2019-10-01 0 days 1,808 sqft
2019-11-01 0 days 1,854 sqft
2019-12-01 0 days 1,846 sqft
2020-01-01 0 days 1,834 sqft
2020-02-01 0 days 1,835 sqft
2020-03-01 0 days 1,840 sqft
2020-04-01 0 days 1,758 sqft
2020-05-01 0 days 1,793 sqft
2020-06-01 0 days 1,917 sqft
2020-07-01 0 days 1,930 sqft
2020-08-01 0 days 1,842 sqft
2020-09-01 0 days 1,958 sqft
2020-10-01 0 days 1,879 sqft
2020-11-01 0 days 1,875 sqft
2020-12-01 0 days 1,749 sqft
2021-01-01 0 days 1,656 sqft
2021-02-01 0 days 1,658 sqft
2021-03-01 0 days 1,575 sqft
2021-04-01 0 days 1,672 sqft
2021-05-01 0 days 1,736 sqft
2021-06-01 0 days 1,806 sqft
2021-07-01 0 days 1,798 sqft
2021-08-01 0 days 1,811 sqft
2021-09-01 0 days 1,850 sqft
2021-10-01 0 days 1,758 sqft
2021-11-01 0 days 1,747 sqft
2021-12-01 0 days 1,741 sqft
2022-01-01 0 days 1,742 sqft
2022-02-01 0 days 1,690 sqft
2022-03-01 0 days 1,698 sqft
2022-04-01 0 days 1,758 sqft
2022-05-01 0 days 1,825 sqft
Fernley's median listing age (time on market) for 2022-05-01 was 0 days.

Fernley's median square footage for active listings during the 2022-05-01 period was 1,825 sqft. One year prior, the average listing was 1,736 sqft.