Fernley Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Fernley averaged
6.89%
for the week of 2022-12-01, compared to the national average of
6.49% for the same period.
The average rate for the prior week (2022-11-23) was
6.78% and
one month ago for the week of 2022-10-27, the
average rate was 7.38%.
Fernley's average rate one year ago was 3.34%.
For refis of the same type during the week of 2022-12-01, the average rate
was 6.76%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-12-01 | 6.49% |
| Fernley 30 Year Fixed Rate | 2022-12-01 | 6.89% |
| Fernley 30 Year Fixed Rate Refi | 2022-12-01 | 6.76% |
| Fernley 15 Year Fixed Rate | 2022-12-01 | 6.02% |
| Fernley 15 Year Fixed Rate Refi | 2022-12-01 | 5.74% |
| Fernley 30 Year FHA | 2022-12-01 | 6.71% |
| Fernley 30 Year FHA Refi | 2022-12-01 | 6.25% |
| Fernley 30 Year USDA | 2022-12-01 | 6.28% |
| Fernley 30 Year USDA Refi | 2022-12-01 | 6.46% |
| Fernley 30 Year VA | 2022-12-01 | 6.75% |
| Fernley 30 Year VA Refi | 2022-12-01 | 6.15% |
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 lender, 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.).
Fernley Average Closing Costs & Other Stats
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.
Fernley's average closing costs are $5,904.
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 Mortgage 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 fourth place, with 3.4%, is FREEDOM MORTGAGE CORPORATION, having originated $41,365,000 in loans. In fifth place, with 3.3%, is GREATER NEVADA LLC, having originated $39,055,000 in loans.
Fernley Housing Market Trends (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 | $303,578 (13.4%) | $378,413 (17.9%) | 0.00 | 195 |
| 2018-02-01 | $310,950 (15.4%) | $394,669 (18.9%) | 0.00 | 163 |
| 2018-03-01 | $307,900 (10.7%) | $389,243 (16.4%) | 0.00 | 170 |
| 2018-04-01 | $312,104 (11.5%) | $399,396 (12.9%) | 0.00 | 164 |
| 2018-05-01 | $309,890 (3.9%) | $398,655 (6.2%) | 0.00 | 170 |
| 2018-06-01 | $302,450 (1.3%) | $393,861 (5.8%) | 0.00 | 189 |
| 2018-07-01 | $299,900 (-4.8%) | $390,705 (2.6%) | 0.00 | 215 |
| 2018-08-01 | $297,000 (-2.0%) | $385,199 (3.0%) | 0.00 | 220 |
| 2018-09-01 | $299,250 (0.1%) | $373,931 (0.9%) | 0.00 | 245 |
| 2018-10-01 | $298,500 (-0.4%) | $356,183 (-3.4%) | 0.00 | 248 |
| 2018-11-01 | $299,625 (1.6%) | $354,725 (0.6%) | 0.00 | 221 |
| 2018-12-01 | $300,000 (3.5%) | $371,852 (3.7%) | 0.00 | 208 |
| 2019-01-01 | $304,950 (0.5%) | $370,293 (-2.2%) | 0.00 | 197 |
| 2019-02-01 | $322,425 (3.7%) | $378,693 (-4.1%) | 0.00 | 191 |
| 2019-03-01 | $330,943 (7.5%) | $387,902 (-0.3%) | 0.00 | 201 |
| 2019-04-01 | $339,000 (8.6%) | $397,537 (-0.5%) | 0.00 | 213 |
| 2019-05-01 | $338,940 (9.4%) | $388,898 (-2.5%) | 0.00 | 236 |
| 2019-06-01 | $339,900 (12.4%) | $388,125 (-1.5%) | 0.00 | 242 |
| 2019-07-01 | $340,250 (13.5%) | $384,519 (-1.6%) | 0.00 | 270 |
| 2019-08-01 | $338,291 (13.9%) | $380,829 (-1.1%) | 0.00 | 272 |
| 2019-09-01 | $334,977 (11.9%) | $377,474 (1.0%) | 0.00 | 269 |
| 2019-10-01 | $333,254 (11.6%) | $376,244 (5.6%) | 0.00 | 265 |
| 2019-11-01 | $339,450 (13.3%) | $384,549 (8.4%) | 0.00 | 243 |
| 2019-12-01 | $334,250 (11.4%) | $380,603 (2.4%) | 0.00 | 219 |
| 2020-01-01 | $334,900 (9.8%) | $383,422 (3.6%) | 0.00 | 190 |
| 2020-02-01 | $340,000 (5.5%) | $386,605 (2.1%) | 0.00 | 185 |
| 2020-03-01 | $340,825 (3.0%) | $389,246 (0.4%) | 0.00 | 189 |
| 2020-04-01 | $331,200 (-2.3%) | $382,448 (-3.8%) | 0.00 | 206 |
| 2020-05-01 | $338,799 (0.0%) | $399,109 (2.6%) | 0.00 | 176 |
| 2020-06-01 | $349,999 (3.0%) | $428,806 (10.5%) | 0.00 | 163 |
| 2020-07-01 | $360,500 (6.0%) | $429,279 (11.6%) | 0.00 | 157 |
| 2020-08-01 | $362,700 (7.2%) | $428,269 (12.5%) | 0.00 | 136 |
| 2020-09-01 | $380,269 (13.5%) | $450,363 (19.3%) | 0.00 | 127 |
| 2020-10-01 | $359,900 (8.0%) | $423,815 (12.6%) | 0.00 | 122 |
| 2020-11-01 | $354,975 (4.6%) | $430,736 (12.0%) | 0.00 | 92 |
| 2020-12-01 | $347,537 (4.0%) | $424,804 (11.6%) | 0.00 | 76 |
| 2021-01-01 | $334,900 (0.0%) | $425,631 (11.0%) | 0.00 | 65 |
| 2021-02-01 | $352,488 (3.7%) | $426,161 (10.2%) | 0.00 | 48 |
| 2021-03-01 | $332,000 (-2.6%) | $429,621 (10.4%) | 0.00 | 47 |
| 2021-04-01 | $360,000 (8.7%) | $421,168 (10.1%) | 0.00 | 79 |
| 2021-05-01 | $386,950 (14.2%) | $509,239 (27.6%) | 0.00 | 74 |
| 2021-06-01 | $414,913 (18.6%) | $537,807 (25.4%) | 0.00 | 71 |
| 2021-07-01 | $418,500 (16.1%) | $526,507 (22.7%) | 0.00 | 76 |
| 2021-08-01 | $423,725 (16.8%) | $491,336 (14.7%) | 0.00 | 114 |
| 2021-09-01 | $427,500 (12.4%) | $499,153 (10.8%) | 0.00 | 120 |
| 2021-10-01 | $419,000 (16.4%) | $482,406 (13.8%) | 0.00 | 152 |
| 2021-11-01 | $418,750 (18.0%) | $476,687 (10.7%) | 0.00 | 157 |
| 2021-12-01 | $419,000 (20.6%) | $496,579 (16.9%) | 0.00 | 127 |
| 2022-01-01 | $419,900 (25.4%) | $527,515 (23.9%) | 0.00 | 109 |
| 2022-02-01 | $429,000 (21.7%) | $533,423 (25.2%) | 0.00 | 92 |
| 2022-03-01 | $434,975 (31.0%) | $536,164 (24.8%) | 0.00 | 90 |
| 2022-04-01 | $446,000 (23.9%) | $545,911 (29.6%) | 0.00 | 117 |
| 2022-05-01 | $453,225 (17.1%) | $546,303 (7.3%) | 0.00 | 154 |
| 2022-06-01 | $439,950 (6.0%) | $518,471 (-3.6%) | 0.00 | 195 |
| 2022-07-01 | $442,500 (5.7%) | $514,052 (-2.4%) | 0.00 | 256 |
| 2022-08-01 | $443,725 (4.7%) | $503,580 (2.5%) | 0.00 | 289 |
| 2022-09-01 | $430,241 (0.6%) | $487,695 (-2.3%) | 0.00 | 318 |
| 2022-10-01 | $425,000 (1.4%) | $489,884 (1.6%) | 0.00 | 306 |
| 2022-11-01 | $426,000 (1.7%) | $490,338 (2.9%) | 0.00 | 281 |
Fernley's median listing price for 2022-11-01 was $426,000, a difference of
$7,250
(1.7%) versus the prior year and
$1,000 versus the prior month.
Fernley's median listing price comes in at 0% of the national average.
Fernley's average listing price for 2022-11-01 was $490,338, a difference of $13,651 (2.9%) versus the prior year and $454 versus the prior month.
For the 2022-11-01 period, Fernley had 281 MLS listings, a difference of -25 listings (-8%) versus the prior month and 124 listings (79%) versus the prior year.
Fernley's median listing price comes in at 0% of the national average.
Fernley's average listing price for 2022-11-01 was $490,338, a difference of $13,651 (2.9%) versus the prior year and $454 versus the prior month.
For the 2022-11-01 period, Fernley had 281 MLS listings, a difference of -25 listings (-8%) versus the prior month and 124 listings (79%) 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 | 1,930 sqft |
| 2018-02-01 | 0 days | 1,997 sqft |
| 2018-03-01 | 0 days | 1,930 sqft |
| 2018-04-01 | 0 days | 1,930 sqft |
| 2018-05-01 | 0 days | 1,912 sqft |
| 2018-06-01 | 0 days | 1,850 sqft |
| 2018-07-01 | 0 days | 1,826 sqft |
| 2018-08-01 | 0 days | 1,822 sqft |
| 2018-09-01 | 0 days | 1,815 sqft |
| 2018-10-01 | 0 days | 1,825 sqft |
| 2018-11-01 | 0 days | 1,830 sqft |
| 2018-12-01 | 0 days | 1,844 sqft |
| 2019-01-01 | 0 days | 1,832 sqft |
| 2019-02-01 | 0 days | 1,882 sqft |
| 2019-03-01 | 0 days | 1,909 sqft |
| 2019-04-01 | 0 days | 1,921 sqft |
| 2019-05-01 | 0 days | 1,901 sqft |
| 2019-06-01 | 0 days | 1,913 sqft |
| 2019-07-01 | 0 days | 1,908 sqft |
| 2019-08-01 | 0 days | 1,882 sqft |
| 2019-09-01 | 0 days | 1,841 sqft |
| 2019-10-01 | 0 days | 1,818 sqft |
| 2019-11-01 | 0 days | 1,877 sqft |
| 2019-12-01 | 0 days | 1,870 sqft |
| 2020-01-01 | 0 days | 1,837 sqft |
| 2020-02-01 | 0 days | 1,835 sqft |
| 2020-03-01 | 0 days | 1,870 sqft |
| 2020-04-01 | 0 days | 1,797 sqft |
| 2020-05-01 | 0 days | 1,814 sqft |
| 2020-06-01 | 0 days | 1,913 sqft |
| 2020-07-01 | 0 days | 1,939 sqft |
| 2020-08-01 | 0 days | 1,864 sqft |
| 2020-09-01 | 0 days | 1,968 sqft |
| 2020-10-01 | 0 days | 1,860 sqft |
| 2020-11-01 | 0 days | 1,799 sqft |
| 2020-12-01 | 0 days | 1,752 sqft |
| 2021-01-01 | 0 days | 1,663 sqft |
| 2021-02-01 | 0 days | 1,664 sqft |
| 2021-03-01 | 0 days | 1,595 sqft |
| 2021-04-01 | 0 days | 1,675 sqft |
| 2021-05-01 | 0 days | 1,722 sqft |
| 2021-06-01 | 0 days | 1,841 sqft |
| 2021-07-01 | 0 days | 1,850 sqft |
| 2021-08-01 | 0 days | 1,838 sqft |
| 2021-09-01 | 0 days | 1,903 sqft |
| 2021-10-01 | 0 days | 1,786 sqft |
| 2021-11-01 | 0 days | 1,749 sqft |
| 2021-12-01 | 0 days | 1,747 sqft |
| 2022-01-01 | 0 days | 1,750 sqft |
| 2022-02-01 | 0 days | 1,718 sqft |
| 2022-03-01 | 0 days | 1,721 sqft |
| 2022-04-01 | 0 days | 1,768 sqft |
| 2022-05-01 | 0 days | 1,851 sqft |
| 2022-06-01 | 0 days | 1,821 sqft |
| 2022-07-01 | 0 days | 1,846 sqft |
| 2022-08-01 | 0 days | 1,814 sqft |
| 2022-09-01 | 0 days | 1,749 sqft |
| 2022-10-01 | 0 days | 1,749 sqft |
| 2022-11-01 | 0 days | 1,786 sqft |
Fernley's median listing age (time on market) for 2022-11-01 was 0 days.
Fernley's median square footage for active listings during the 2022-11-01 period was 1,786 sqft. One year prior, the average listing was 1,749 sqft.
Fernley's median square footage for active listings during the 2022-11-01 period was 1,786 sqft. One year prior, the average listing was 1,749 sqft.
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.
