Fernley Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fernley averaged
6.52%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.55% and
one month ago for the week of 2025-05-15, the
average rate was 6.52%.
Fernley's average rate one year ago was 6.96%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Fernley 30 Year Fixed Rate | 2025-06-18 | 6.52% |
| Fernley 30 Year Fixed Rate Refi | 2025-06-18 | 6.91% |
| Fernley 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Fernley 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Fernley 30 Year FHA | 2025-06-18 | -0.43% |
| Fernley 30 Year FHA Refi | 2025-06-18 | 0% |
| Fernley 30 Year USDA | 2025-06-18 | 0.1% |
| Fernley 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Fernley 30 Year VA | 2025-06-18 | -0.3% |
| Fernley 30 Year VA Refi | 2025-06-18 | -0.67% |
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 89 lenders originated 1,821
loans during 2024. The total origination value was $503,265,000, with an average loan value of
$276,367.
Fernley's average closing costs are $6,934.
The top Fernley lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
85 loans originated. Their average total fees are
$9,205, which is $6,635
higher than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee Fernley lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($2,570), GREATER NEVADA LLC ($4,826), Wells Fargo Bank ($5,325), EAGLE HOME MORTGAGE, LLC ($5,442) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($7,668).
The lowest rate Fernley lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.17%), DHI MORTGAGE COMPANY, LTD. (5.68%), GREATER NEVADA LLC (6.24%), UNITED (6.35%) and PREMIER MORTGAGE RESOURCES, L.L.C. (6.38%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $58,900,000 | $78,320,000 | 33.0% | 15.6% |
| DHI MORTGAGE COMPANY, LTD. | $39,060,000 | $64,080,000 | 64.1% | 12.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $23,845,000 | $36,265,000 | 52.1% | 7.2% |
| QUICKEN LOANS, LLC | $20,285,000 | $30,820,000 | 51.9% | 6.1% |
| Mortgage Research Center, LLC | $10,275,000 | $20,140,000 | 96.0% | 4.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $14,650,000 | $18,285,000 | 24.8% | 3.6% |
| EAGLE HOME MORTGAGE, LLC | $17,505,000 | $12,950,000 | -26.0% | 2.6% |
| GREATER NEVADA LLC | $8,670,000 | $12,930,000 | 49.1% | 2.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $11,845,000 | $9,760,000 | -17.6% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $7,165,000 | $9,405,000 | 31.3% | 1.9% |
| BROKER SOLUTIONS, INC. | $9,970,000 | $8,795,000 | -11.8% | 1.7% |
| UNITED | $6,425,000 | $8,660,000 | 34.8% | 1.7% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $4,925,000 | $8,545,000 | 73.5% | 1.7% |
| TJC Mortgage, Inc. | $2,500,000 | $7,815,000 | 212.6% | 1.6% |
| CANOPY MORTGAGE, LLC | $6,905,000 | n/a | 1.4% | |
| FREEDOM MORTGAGE CORPORATION | $2,285,000 | $6,460,000 | 182.7% | 1.3% |
| U.S. Bank | $6,915,000 | $6,360,000 | -8.0% | 1.3% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $5,765,000 | n/a | 1.1% | |
| ISERVE RESIDENTIAL LENDING, LLC | $3,995,000 | $5,635,000 | 41.1% | 1.1% |
| LOANDEPOT.COM, LLC | $2,830,000 | $5,355,000 | 89.2% | 1.1% |
| SUMMIT FUNDING, INC. | $15,270,000 | $4,640,000 | -69.6% | 0.9% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $2,405,000 | $4,560,000 | 89.6% | 0.9% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,820,000 | $4,075,000 | 44.5% | 0.8% |
| VILLAGE CAPITAL MORTGAGE | $3,545,000 | n/a | 0.7% | |
| Plains Commerce Bank | $985,000 | $3,260,000 | 231.0% | 0.6% |
| Zions Bank | $1,745,000 | $3,255,000 | 86.5% | 0.6% |
| CMG MORTGAGE, INC. | $1,015,000 | $3,065,000 | 202.0% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $4,135,000 | $3,050,000 | -26.2% | 0.6% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,205,000 | $2,945,000 | 33.6% | 0.6% |
| Gateway First Bank | $4,500,000 | $2,795,000 | -37.9% | 0.6% |
| AXIA FINANCIAL, LLC | $4,640,000 | $2,710,000 | -41.6% | 0.5% |
| Wells Fargo Bank | $1,080,000 | $2,675,000 | 147.7% | 0.5% |
| NEWREZ LLC | $1,280,000 | $2,625,000 | 105.1% | 0.5% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $175,000 | $2,580,000 | 1,374.3% | 0.5% |
| Equity Prime Mortgage LLC | $3,475,000 | $2,490,000 | -28.3% | 0.5% |
| MID AMERICA MORTGAGE, INC. | $2,460,000 | n/a | 0.5% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,270,000 | $2,395,000 | 5.5% | 0.5% |
| CARDINAL FINANCIAL | $3,045,000 | $2,360,000 | -22.5% | 0.5% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,300,000 | $2,260,000 | 73.8% | 0.4% |
| AMERICA FIRST | $1,650,000 | $2,145,000 | 30.0% | 0.4% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $4,085,000 | $2,145,000 | -47.5% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $2,090,000 | n/a | 0.4% | |
| NEW DAY FINANCIAL, LLC | $1,135,000 | $2,045,000 | 80.2% | 0.4% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $2,865,000 | $1,950,000 | -31.9% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,015,000 | $1,880,000 | -6.7% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $1,405,000 | $1,825,000 | 29.9% | 0.4% |
| Bank of America | $1,460,000 | $1,805,000 | 23.6% | 0.4% |
| DEEPHAVEN MORTGAGE LLC | $1,690,000 | n/a | 0.3% | |
| MOVEMENT MORTGAGE, LLC | $840,000 | $1,630,000 | 94.0% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,150,000 | $1,625,000 | 41.3% | 0.3% |
| BAY-VALLEY MORTGAGE GROUP | $1,595,000 | n/a | 0.3% | |
| INFINITY EQUITY GROUP, INC. | $1,890,000 | $1,585,000 | -16.1% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,840,000 | $1,565,000 | -44.9% | 0.3% |
| The Loan Store, Inc. | $1,550,000 | n/a | 0.3% | |
| PLAZA HOME MORTGAGE, INC. | $410,000 | $1,505,000 | 267.1% | 0.3% |
| FIRST COLONY MORTGAGE CORPORATION | $345,000 | $1,460,000 | 323.2% | 0.3% |
| Sierra Pacific Mortgage Company, Inc. | $1,410,000 | n/a | 0.3% | |
| JPMorgan Chase Bank | $1,485,000 | $1,380,000 | -7.1% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $335,000 | $1,360,000 | 306.0% | 0.3% |
| ZILLOW HOME LOANS, LLC | $335,000 | $1,330,000 | 297.0% | 0.3% |
| Cornerstone First Mortgage, Inc | $1,295,000 | n/a | 0.3% | |
| GUARANTEED RATE, INC. | $1,695,000 | $1,260,000 | -25.7% | 0.3% |
| NexBank | $1,240,000 | n/a | 0.2% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,180,000 | n/a | 0.2% | |
| CALCON MUTUAL MORTGAGE LLC | $1,415,000 | $1,165,000 | -17.7% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $285,000 | $1,145,000 | 301.8% | 0.2% |
| LOANPAL, LLC | $1,420,000 | $1,105,000 | -22.2% | 0.2% |
| The Federal Savings Bank | $455,000 | $1,015,000 | 123.1% | 0.2% |
| Carrington Mortgage Services, LLC | $975,000 | $1,005,000 | 3.1% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $825,000 | $995,000 | 20.6% | 0.2% |
| Discover Bank | $1,135,000 | $980,000 | -13.7% | 0.2% |
| F&A Federal Credit Union | $970,000 | n/a | 0.2% | |
| OCMBC, INC. | $880,000 | $950,000 | 8.0% | 0.2% |
| HighTechLending Inc | $340,000 | $915,000 | 169.1% | 0.2% |
| PREMIA MORTGAGE, LLC | $890,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $635,000 | $810,000 | 27.6% | 0.2% |
| Ameris Bank | $395,000 | $770,000 | 94.9% | 0.2% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $760,000 | n/a | 0.2% | |
| INTELLILOAN, INC. | $395,000 | $730,000 | 84.8% | 0.1% |
| SNAPFI, INC. | $345,000 | $720,000 | 108.7% | 0.1% |
| BMO Harris Bank | $335,000 | $700,000 | 109.0% | 0.1% |
| Nations Lending Corporation | $475,000 | $700,000 | 47.4% | 0.1% |
| S1L, Inc. | $760,000 | $630,000 | -17.1% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $630,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $415,000 | $600,000 | 44.6% | 0.1% |
| DATA MORTGAGE, INC. | $205,000 | $585,000 | 185.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $580,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $315,000 | $550,000 | 74.6% | 0.1% |
| Citadel Servicing Corporation | $520,000 | n/a | 0.1% | |
| First National Bank | $395,000 | $510,000 | 29.1% | 0.1% |
| Bank of England | $505,000 | n/a | 0.1% | |
| Pacific Lending LLC | $495,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $1,005,000 | $495,000 | -50.7% | 0.1% |
| RESIDENTIAL BANCORP | $485,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $475,000 | n/a | 0.1% | |
| First National Bank of America | $105,000 | $475,000 | 352.4% | 0.1% |
| The Central Trust Bank | $475,000 | $475,000 | 0.0% | 0.1% |
| Armed Forces Bank | $435,000 | n/a | 0.1% | |
| Figure Lending LLC | $565,000 | $435,000 | -23.0% | 0.1% |
| ALLIANT CREDIT UNION | $535,000 | $425,000 | -20.6% | 0.1% |
| QUORUM FEDERAL CREDIT UNION | $425,000 | n/a | 0.1% | |
| DIGNIFIED HOME LOANS, LLC | $650,000 | $415,000 | -36.2% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $420,000 | $415,000 | -1.2% | 0.1% |
| NEW WAVE LENDING GROUP INC | $405,000 | n/a | 0.1% | |
| The Union Bank Company | $405,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $395,000 | n/a | 0.1% | |
| INOVA FEDERAL CREDIT UNION | $395,000 | n/a | 0.1% | |
| Morgan Stanley Private Bank | $735,000 | $395,000 | -46.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $365,000 | $385,000 | 5.5% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $2,245,000 | $375,000 | -83.3% | 0.1% |
| Hometown Equity Mortgage, LLC | $385,000 | $375,000 | -2.6% | 0.1% |
| PHH Mortgage Corporation | $215,000 | $375,000 | 74.4% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $680,000 | $365,000 | -46.3% | 0.1% |
| ML Mortgage Corp. | $355,000 | n/a | 0.1% | |
| PNC Bank | $165,000 | $355,000 | 115.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $1,035,000 | $350,000 | -66.2% | 0.1% |
| AmeriHome Mortgage Company, LLC | $555,000 | $345,000 | -37.8% | 0.1% |
| UNION HOME MORTGAGE CORP. | $345,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $815,000 | $340,000 | -58.3% | 0.1% |
| MLD MORTGAGE INC. | $315,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $710,000 | $295,000 | -58.5% | 0.1% |
| NEXERA HOLDING LLC | $295,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $75,000 | $295,000 | 293.3% | 0.1% |
| MOUNTAIN AMERICA | $1,535,000 | $280,000 | -81.8% | 0.1% |
| BELEM SERVICING LLC | $275,000 | n/a | 0.1% | |
| LANTZMAN MANAGEMENT, INC. | $125,000 | $275,000 | 120.0% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $265,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $1,100,000 | $255,000 | -76.8% | 0.1% |
| Goldwater Bank, N.A. | $255,000 | n/a | 0.1% | |
| JMAC LENDING, INC. | $255,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $255,000 | n/a | 0.1% | |
| ALAMEDA MORTGAGE CORPORATION | $165,000 | $245,000 | 48.5% | 0.0% |
| Flagstar Bank, FSB | $280,000 | $245,000 | -12.5% | 0.0% |
| Franklin Loan Corporation | $640,000 | $245,000 | -61.7% | 0.0% |
| NMSI, INC. | $245,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,960,000 | $205,000 | -89.5% | 0.0% |
| Fremont Bank | $205,000 | $205,000 | 0.0% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $465,000 | $205,000 | -55.9% | 0.0% |
| LIMA ONE CAPITAL, LLC | $145,000 | n/a | 0.0% | |
| Great Basin Federal Credit Union | $130,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $350,000 | $130,000 | -62.9% | 0.0% |
| Bethpage Federal Credit Union | $45,000 | $120,000 | 166.7% | 0.0% |
| First Federal Bank | $115,000 | n/a | 0.0% | |
| HONDA Federal Credit Union | $115,000 | n/a | 0.0% | |
| AFFINITY | $105,000 | n/a | 0.0% | |
| Umpqua Bank | $65,000 | $105,000 | 61.5% | 0.0% |
| Washington Federal Bank | $35,000 | $105,000 | 200.0% | 0.0% |
| Glacier Bank | $65,000 | $90,000 | 38.5% | 0.0% |
| SPRING EQ, LLC | $220,000 | $75,000 | -65.9% | 0.0% |
| LADERA LENDING, INC. | $205,000 | $65,000 | -68.3% | 0.0% |
| GEORGIA'S OWN | $370,000 | $55,000 | -85.1% | 0.0% |
| HomeTrust Bank | $130,000 | $55,000 | -57.7% | 0.0% |
| Truist | $55,000 | n/a | 0.0% | |
| CHEVRON | $165,000 | $35,000 | -78.8% | 0.0% |
| CHARTWAY FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% |
Fernley's top lender by overall market share is GUILD MORTGAGE COMPANY, with 15.6% market share. In second place, with 12.7%, is DHI MORTGAGE COMPANY, LTD., having originated $64,080,000 in loans. In third place, with 7.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $36,265,000 in loans. In fourth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $30,820,000 in loans. In fifth place, with 4.0%, is Mortgage Research Center, LLC, having originated $20,140,000 in loans.
Fernley, NV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,159 | $379,695,000 | $327,606 |
| Cash Out Refi | 242 | $51,260,000 | $211,818 |
| Refi | 169 | $52,465,000 | $310,444 |
| Other | 129 | $10,235,000 | $79,341 |
| Home Improvement | 121 | $9,335,000 | $77,149 |
| NA | 1 | $275,000 | $275,000 |
Fernley's most frequently cited loan purpose was Home Purchase, with 1,159 originations. The 2nd most popular reason was Cash Out Refi, with 242 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 635 | $203,575,000 | $320,591 |
| 5-6% | 423 | $144,905,000 | $342,565 |
| 7-8% | 312 | $86,530,000 | $277,340 |
| Over 8% | 288 | $24,380,000 | $84,653 |
| 4-5% | 100 | $38,650,000 | $386,500 |
| <2.5% | 49 | $1,525,000 | $31,122 |
| 3-4% | 8 | $2,500,000 | $312,500 |
| 2.5-3% | 2 | $660,000 | $330,000 |
During 2024, Fernley's most frequently originated rate bucket was 6-7%, with 635 originations.
Loan Sizing (Fernley, NV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 918 | $291,640,000 | $317,691 |
| $100,000 or less | 361 | $17,735,000 | $49,127 |
| $400k-600k | 349 | $157,915,000 | $452,479 |
| $100k-200k | 178 | $25,810,000 | $145,000 |
| $600k-1000k | 15 | $10,165,000 | $677,667 |
Fernley's loan sizing saw the bucket of loans from $200k-400k with 918 originations, totaling $291,640,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 835 | $312,125,000 | $373,802 |
| Under 20% | 324 | $15,400,000 | $47,531 |
| 60-80% | 261 | $79,835,000 | $305,881 |
| 20-40% | 146 | $20,020,000 | $137,123 |
| 40-60% | 140 | $31,710,000 | $226,500 |
| Over 100% | 66 | $27,620,000 | $418,485 |
Fernley's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 835 originations, totaling $312,125,000 in origination value.