Las Vegas Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Las Vegas averaged 6.75% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.47% and one month ago for the week of 2025-03-06, the average rate was 6.76%.

    Las Vegas's average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.82%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Las Vegas 30 Year Fixed Rate 2025-04-10 6.75%
    Las Vegas 30 Year Fixed Rate Refi 2025-04-10 6.82%
    Las Vegas 15 Year Fixed Rate 2025-04-10 5.62%
    Las Vegas 15 Year Fixed Rate Refi 2025-04-10 5.82%
    Las Vegas 30 Year FHA 2025-04-10 6.43%
    Las Vegas 30 Year FHA Refi 2025-04-10 6.43%
    Las Vegas 30 Year USDA 2025-04-10 6.65%
    Las Vegas 30 Year USDA Refi 2025-04-10 6.55%
    Las Vegas 30 Year VA 2025-04-10 6.39%
    Las Vegas 30 Year VA Refi 2025-04-10 6.09%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Las Vegas, NM.

    Las Vegas 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 Las Vegas, NM 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 15 6.81% $6,742
    Waterstone Mortgage Corporation 7 6.66% $6,209
    DIRECTORS MORTGAGE, INC. 7 6.25% $7,717
    JPMorgan Chase Bank 7 6.30% $6,259
    BOKF 5 6.25% $6,898
    Del Norte Credit Union 3 6.50% $5,383
    ZILLOW HOME LOANS, LLC 3 6.46% $5,661
    21ST MORTGAGE CORPORATION 2 8.39% $6,670
    CALCON MUTUAL MORTGAGE LLC 2 7.56% $12,168
    CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $5,130
    Loan Simple, Inc. 2 7.00% $8,586
    Nations Lending Corporation 2 6.88% $7,614
    The Federal Savings Bank 2 6.75% $4,669
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.13% $9,162
    Flagstar Bank, FSB 1 7.63% $2,846
    GUADALUPE CREDIT UNION 1 7.90% $5,196
    GUARANTEED RATE, INC. 1 6.99% $5,103
    CANVAS CREDIT UNION 1 7.00% $2,079
    Bank of America 1 8.63% $8,419
    MOUNTAIN AMERICA 1 6.25% $4,633
    Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $10,501
    MYCUMORTGAGE, LLC 1 6.88% $6,242
    Wells Fargo Bank 1 6.63% $4,503
    NAVY FEDERAL CREDIT UNION 1 6.63% $6,873
    NEWREZ LLC 1 6.99% $7,434
    NUSENDA 1 6.38% $5,366
    Old National Bank 1 6.25% $6,035
    BMO Harris Bank 1 6.50% $7,385
    Sierra Pacific Mortgage Company, Inc. 1 6.50% $7,968
    SUMMIT FUNDING, INC. 1 6.99% $7,388
    Sunflower Bank 1 6.49% $3,498
    ALLIANT CREDIT UNION 1 6.25% $4,520
    UNITED WHOLESALE MORTGAGE, LLC 1 6.00% $11,493
    U.S. Bank 1 6.25% $4,022
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.25% $6,608
    Wallick & Volk, Inc. 1 7.50% $3,677
    CARDINAL FINANCIAL 1 5.99% $12,181
    Discover Bank 1 6.53% $0
    EVERETT FINANCIAL, INC. 1 6.63% $7,747

    Las Vegas Average Closing Costs & Other Stats

    Las Vegas, NM's 39 lenders originated 243 loans during 2024. The total origination value was $46,865,000, with an average loan value of $192,860.

    Las Vegas's average closing costs are $6,060.

    The top Las Vegas lender as defined by loan originations is QUICKEN LOANS, LLC, with 15 loans originated. Their average total fees are $6,742, which is $532 higher than the next largest lender, Waterstone Mortgage Corporation.

    The lowest fee Las Vegas lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($6,742), .

    The lowest rate Las Vegas lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.81%), .

    Las Vegas, NM 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
    QUICKEN LOANS, LLC $5,125,000 $6,195,000 20.9% 13.2%
    21ST MORTGAGE CORPORATION $4,145,000 $3,620,000 -12.7% 7.7%
    Waterstone Mortgage Corporation $2,990,000 $3,110,000 4.0% 6.6%
    DIRECTORS MORTGAGE, INC. $1,885,000 $2,520,000 33.7% 5.4%
    STATE EMPLOYEES $2,265,000 $1,970,000 -13.0% 4.2%
    JPMorgan Chase Bank $385,000 $1,815,000 371.4% 3.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,800,000 $1,620,000 -10.0% 3.5%
    Mortgage Research Center, LLC $2,760,000 $1,420,000 -48.6% 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $1,505,000 $1,310,000 -13.0% 2.8%
    BOKF $1,330,000 $1,235,000 -7.1% 2.6%
    CALCON MUTUAL MORTGAGE LLC $1,000,000 n/a 2.1%
    CROSSCOUNTRY MORTGAGE, LLC $1,635,000 $965,000 -41.0% 2.1%
    Mr. Cooper ( Nationstar Mortgage ) $140,000 $945,000 575.0% 2.0%
    Del Norte Credit Union $510,000 $905,000 77.5% 1.9%
    ZILLOW HOME LOANS, LLC $240,000 $880,000 266.7% 1.9%
    SOUTHWEST STAGE FUNDING, LLC $240,000 $865,000 260.4% 1.8%
    U.S. Bank $800,000 n/a 1.7%
    NUSENDA $605,000 $750,000 24.0% 1.6%
    USAA Federal Savings Bank $695,000 $660,000 -5.0% 1.4%
    Nations Lending Corporation $965,000 $645,000 -33.2% 1.4%
    NAVY FEDERAL CREDIT UNION $470,000 $630,000 34.0% 1.3%
    The Federal Savings Bank $610,000 n/a 1.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $600,000 n/a 1.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $600,000 n/a 1.3%
    Loan Simple, Inc. $600,000 n/a 1.3%
    Old National Bank $575,000 n/a 1.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $525,000 n/a 1.1%
    GUARANTEED RATE, INC. $520,000 n/a 1.1%
    QUORUM FEDERAL CREDIT UNION $505,000 n/a 1.1%
    Flagstar Bank, FSB $25,000 $485,000 1,840.0% 1.0%
    CANVAS CREDIT UNION $465,000 n/a 1.0%
    AMERICAN FINANCIAL NETWORK, INC. $455,000 n/a 1.0%
    AMERICAN FINANCIAL RESOURCES, INC. $345,000 $430,000 24.6% 0.9%
    BMO Harris Bank $425,000 n/a 0.9%
    SUMMIT FUNDING, INC. $425,000 n/a 0.9%
    FREEDOM MORTGAGE CORPORATION $145,000 $380,000 162.1% 0.8%
    GUADALUPE CREDIT UNION $1,295,000 $360,000 -72.2% 0.8%
    First Federal Bank $345,000 n/a 0.7%
    CARDINAL FINANCIAL $870,000 $335,000 -61.5% 0.7%
    MOUNTAIN AMERICA $310,000 n/a 0.7%
    Wallick & Volk, Inc. $120,000 $310,000 158.3% 0.7%
    VILLAGE CAPITAL MORTGAGE $295,000 n/a 0.6%
    EVERETT FINANCIAL, INC. $285,000 n/a 0.6%
    Hometown Equity Mortgage, LLC $260,000 n/a 0.6%
    Barrington Bank & Trust Company, N.A. $225,000 n/a 0.5%
    Discover Bank $225,000 n/a 0.5%
    Gateway First Bank $1,885,000 $215,000 -88.6% 0.5%
    SANDIA AREA $205,000 n/a 0.4%
    LOANDEPOT.COM, LLC $995,000 $195,000 -80.4% 0.4%
    MYCUMORTGAGE, LLC $175,000 n/a 0.4%
    UNION HOME MORTGAGE CORP. $1,190,000 $170,000 -85.7% 0.4%
    ALLIANT CREDIT UNION $165,000 n/a 0.4%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,095,000 $160,000 -85.4% 0.3%
    Wells Fargo Bank $425,000 $155,000 -63.5% 0.3%
    Bank of America $55,000 $135,000 145.5% 0.3%
    Sierra Pacific Mortgage Company, Inc. $125,000 n/a 0.3%
    GUILD MORTGAGE COMPANY $1,070,000 $115,000 -89.3% 0.2%
    NEWREZ LLC $105,000 n/a 0.2%
    TRIAD FINANCIAL SERVICES, INC. $135,000 $95,000 -29.6% 0.2%
    Sunflower Bank $525,000 $85,000 -83.8% 0.2%
    PENTAGON FEDERAL CREDIT UNION $75,000 n/a 0.2%
    Figure Lending LLC $35,000 n/a 0.1%

    Las Vegas's top lender by overall market share is QUICKEN LOANS, LLC, with 13.2% market share. In second place, with 7.7%, is 21ST MORTGAGE CORPORATION, having originated $3,620,000 in loans. In third place, with 6.6%, is Waterstone Mortgage Corporation, having originated $3,110,000 in loans. In fourth place, with 5.4%, is DIRECTORS MORTGAGE, INC., having originated $2,520,000 in loans. In fifth place, with 4.2%, is STATE EMPLOYEES, having originated $1,970,000 in loans.

    Las Vegas Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Las Vegas (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 $217,000 (8.5%) $378,411 (-2.9%) 0.00 187
    2018-02-01 $220,000 (10.0%) $372,518 (-3.5%) 0.00 178
    2018-03-01 $225,000 (9.8%) $363,553 (-7.9%) 0.00 177
    2018-04-01 $222,500 (11.3%) $369,263 (-3.3%) 0.00 187
    2018-05-01 $219,875 (9.9%) $348,741 (-10.6%) 0.00 202
    2018-06-01 $220,500 (4.0%) $349,550 (-10.3%) 0.00 221
    2018-07-01 $225,000 (12.8%) $359,671 (-4.4%) 0.00 224
    2018-08-01 $224,000 (12.5%) $333,980 (-10.6%) 0.00 234
    2018-09-01 $239,500 (20.4%) $341,520 (-10.1%) 0.00 220
    2018-10-01 $234,975 (18.1%) $339,294 (-8.4%) 0.00 220
    2018-11-01 $230,000 (15.4%) $345,494 (-9.9%) 0.00 208
    2018-12-01 $237,000 (18.8%) $336,895 (-10.5%) 0.00 197
    2019-01-01 $240,000 (10.6%) $346,495 (-8.4%) 0.00 180
    2019-02-01 $236,000 (7.3%) $344,222 (-7.6%) 0.00 178
    2019-03-01 $228,143 (1.4%) $335,853 (-7.6%) 0.00 181
    2019-04-01 $219,250 (-1.5%) $329,105 (-10.9%) 0.00 189
    2019-05-01 $227,000 (3.2%) $328,051 (-5.9%) 0.00 194
    2019-06-01 $229,000 (3.9%) $325,014 (-7.0%) 0.00 196
    2019-07-01 $225,000 (0.0%) $324,847 (-9.7%) 0.00 199
    2019-08-01 $231,000 (3.1%) $333,605 (-0.1%) 0.00 192
    2019-09-01 $240,000 (0.2%) $343,706 (0.6%) 0.00 183
    2019-10-01 $246,000 (4.7%) $350,441 (3.3%) 0.00 177
    2019-11-01 $247,000 (7.4%) $349,314 (1.1%) 0.00 167
    2019-12-01 $240,000 (1.3%) $347,281 (3.1%) 0.00 162
    2020-01-01 $231,000 (-3.8%) $343,291 (-0.9%) 0.00 148
    2020-02-01 $247,000 (4.7%) $362,901 (5.4%) 0.00 141
    2020-03-01 $249,000 (9.1%) $350,612 (4.4%) 0.00 133
    2020-04-01 $244,175 (11.4%) $335,194 (1.9%) 0.00 129
    2020-05-01 $245,000 (7.9%) $334,753 (2.0%) 0.00 127
    2020-06-01 $250,000 (9.2%) $359,751 (10.7%) 0.00 122
    2020-07-01 $249,750 (11.0%) $369,918 (13.9%) 0.00 119
    2020-08-01 $279,000 (20.8%) $392,743 (17.7%) 0.00 123
    2020-09-01 $278,125 (15.9%) $389,166 (13.2%) 0.00 133
    2020-10-01 $271,950 (10.6%) $388,230 (10.8%) 0.00 133
    2020-11-01 $276,125 (11.8%) $468,618 (34.2%) 0.00 120
    2020-12-01 $272,250 (13.4%) $485,460 (39.8%) 0.00 107
    2021-01-01 $279,500 (21.0%) $507,224 (47.8%) 0.00 94
    2021-02-01 $276,100 (11.8%) $501,469 (38.2%) 0.00 81
    2021-03-01 $277,250 (11.4%) $514,608 (46.8%) 0.00 76
    2021-04-01 $299,875 (22.8%) $523,525 (56.2%) 0.00 73
    2021-05-01 $287,250 (17.2%) $518,048 (54.8%) 0.00 75
    2021-06-01 $293,250 (17.3%) $528,697 (47.0%) 0.00 78
    2021-07-01 $289,000 (15.7%) $518,767 (40.2%) 0.00 77
    2021-08-01 $312,500 (12.0%) $494,198 (25.8%) 0.00 72
    2021-09-01 $346,250 (24.5%) $461,716 (18.6%) 0.00 63
    2021-10-01 $325,000 (19.5%) $450,350 (16.0%) 0.00 56
    2021-11-01 $240,875 (-12.8%) $396,466 (-15.4%) 0.00 52
    2021-12-01 $239,750 (-11.9%) $384,140 (-20.9%) 0.00 47
    2022-01-01 $230,000 (-17.7%) $346,856 (-31.6%) 0.00 39
    2022-02-01 $230,000 (-16.7%) $349,369 (-30.3%) 0.00 43
    2022-03-01 $212,750 (-23.3%) $349,589 (-32.1%) 0.00 42
    2022-04-01 $220,000 (-26.6%) $361,512 (-31.0%) 0.00 39
    2022-05-01 $249,225 (-13.2%) $455,762 (-12.0%) 0.00 41
    2022-06-01 $254,000 (-13.4%) $441,204 (-16.6%) 0.00 48
    2022-07-01 $249,900 (-13.5%) $441,984 (-14.8%) 0.00 53
    2022-08-01 $273,500 (-12.5%) $459,578 (-7.0%) 0.00 55
    2022-09-01 $284,000 (-18.0%) $475,881 (3.1%) 0.00 60
    2022-10-01 $307,500 (-5.4%) $486,303 (8.0%) 0.00 66
    2022-11-01 $290,750 (20.7%) $483,707 (22.0%) 0.00 70
    2022-12-01 $265,000 (10.5%) $466,964 (21.6%) 0.00 72
    2023-01-01 $256,050 (11.3%) $453,843 (30.8%) 0.00 74
    2023-02-01 $265,000 (15.2%) $456,002 (30.5%) 0.00 69
    2023-03-01 $265,000 (24.6%) $409,839 (17.2%) 0.00 69
    2023-04-01 $270,000 (22.7%) $404,709 (12.0%) 0.00 65
    2023-05-01 $238,250 (-4.4%) $376,170 (-17.5%) 0.00 67
    2023-06-01 $288,500 (13.6%) $431,619 (-2.2%) 0.00 70
    2023-07-01 $285,000 (14.1%) $435,404 (-1.5%) 0.00 79
    2023-08-01 $280,000 (2.4%) $537,277 (16.9%) 0.00 76
    2023-09-01 $285,000 (0.4%) $573,895 (20.6%) 0.00 74
    2023-10-01 $314,500 (2.3%) $693,516 (42.6%) 0.00 73
    2023-11-01 $345,000 (18.7%) $707,889 (46.4%) 0.00 68
    2023-12-01 $427,500 (61.3%) $773,369 (65.6%) 0.00 64
    2024-01-01 $375,000 (46.5%) $720,322 (58.7%) 0.00 64
    2024-02-01 $362,250 (36.7%) $718,932 (57.7%) 0.00 56
    2024-03-01 $360,000 (35.9%) $769,749 (87.8%) 0.00 52
    2024-04-01 $307,500 (13.9%) $615,724 (52.1%) 0.00 57
    2024-05-01 $351,175 (47.4%) $629,010 (67.2%) 0.00 58
    2024-06-01 $320,000 (10.9%) $574,193 (33.0%) 0.00 63
    2024-07-01 $320,000 (12.3%) $588,154 (35.1%) 0.00 64
    2024-08-01 $329,950 (17.8%) $578,761 (7.7%) 0.00 62
    2024-09-01 $309,975 (8.8%) $592,930 (3.3%) 0.00 62
    2024-10-01 $368,500 (17.2%) $617,568 (-11.0%) 0.00 55
    2024-11-01 $385,000 (11.6%) $648,066 (-8.5%) 0.00 52
    2024-12-01 $367,500 (-14.0%) $698,973 (-9.6%) 0.00 48
    2025-01-01 $357,500 (-4.7%) $688,996 (-4.4%) 0.00 46
    2025-02-01 $391,225 (8.0%) $696,635 (-3.1%) 0.00 48
    2025-03-01 $435,000 (20.8%) $642,304 (-16.6%) 0.00 44
    Las Vegas's median listing price for 2025-03-01 was $435,000, a difference of $75,000 (20.8%) versus the prior year and $43,775 versus the prior month.

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

    Las Vegas's average listing price for 2025-03-01 was $642,304, a difference of $-127,445 (-16.6%) versus the prior year and $-54,331 versus the prior month.

    For the 2025-03-01 period, Las Vegas had 44 MLS listings, a difference of -4 listings (-8%) versus the prior month and -8 listings (-15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Las Vegas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,811 sqft
    2018-02-01 0 days 1,803 sqft
    2018-03-01 0 days 1,792 sqft
    2018-04-01 0 days 1,838 sqft
    2018-05-01 0 days 1,843 sqft
    2018-06-01 0 days 1,834 sqft
    2018-07-01 0 days 1,845 sqft
    2018-08-01 0 days 1,830 sqft
    2018-09-01 0 days 1,839 sqft
    2018-10-01 0 days 1,803 sqft
    2018-11-01 0 days 1,837 sqft
    2018-12-01 0 days 1,831 sqft
    2019-01-01 0 days 1,834 sqft
    2019-02-01 0 days 1,812 sqft
    2019-03-01 0 days 1,811 sqft
    2019-04-01 0 days 1,791 sqft
    2019-05-01 0 days 1,771 sqft
    2019-06-01 0 days 1,775 sqft
    2019-07-01 0 days 1,787 sqft
    2019-08-01 0 days 1,797 sqft
    2019-09-01 0 days 1,799 sqft
    2019-10-01 0 days 1,800 sqft
    2019-11-01 0 days 1,752 sqft
    2019-12-01 0 days 1,762 sqft
    2020-01-01 0 days 1,709 sqft
    2020-02-01 0 days 1,708 sqft
    2020-03-01 0 days 1,717 sqft
    2020-04-01 0 days 1,696 sqft
    2020-05-01 0 days 1,716 sqft
    2020-06-01 0 days 1,834 sqft
    2020-07-01 0 days 1,920 sqft
    2020-08-01 0 days 2,000 sqft
    2020-09-01 0 days 1,835 sqft
    2020-10-01 0 days 1,810 sqft
    2020-11-01 0 days 1,850 sqft
    2020-12-01 0 days 1,940 sqft
    2021-01-01 0 days 1,922 sqft
    2021-02-01 0 days 1,769 sqft
    2021-03-01 0 days 1,916 sqft
    2021-04-01 0 days 2,012 sqft
    2021-05-01 0 days 1,998 sqft
    2021-06-01 0 days 2,035 sqft
    2021-07-01 0 days 1,998 sqft
    2021-08-01 0 days 2,000 sqft
    2021-09-01 0 days 1,999 sqft
    2021-10-01 0 days 1,998 sqft
    2021-11-01 0 days 1,752 sqft
    2021-12-01 0 days 1,752 sqft
    2022-01-01 0 days 1,757 sqft
    2022-02-01 0 days 1,596 sqft
    2022-03-01 0 days 1,578 sqft
    2022-04-01 0 days 1,500 sqft
    2022-05-01 0 days 1,591 sqft
    2022-06-01 0 days 1,655 sqft
    2022-07-01 0 days 1,548 sqft
    2022-08-01 0 days 1,491 sqft
    2022-09-01 0 days 1,521 sqft
    2022-10-01 0 days 1,603 sqft
    2022-11-01 0 days 1,675 sqft
    2022-12-01 0 days 1,620 sqft
    2023-01-01 0 days 1,608 sqft
    2023-02-01 0 days 1,675 sqft
    2023-03-01 0 days 1,695 sqft
    2023-04-01 0 days 1,600 sqft
    2023-05-01 0 days 1,552 sqft
    2023-06-01 0 days 1,605 sqft
    2023-07-01 0 days 1,600 sqft
    2023-08-01 0 days 1,605 sqft
    2023-09-01 0 days 1,695 sqft
    2023-10-01 0 days 1,819 sqft
    2023-11-01 0 days 1,851 sqft
    2023-12-01 0 days 2,079 sqft
    2024-01-01 0 days 2,081 sqft
    2024-02-01 0 days 1,995 sqft
    2024-03-01 0 days 1,800 sqft
    2024-04-01 0 days 1,737 sqft
    2024-05-01 0 days 1,859 sqft
    2024-06-01 0 days 1,800 sqft
    2024-07-01 0 days 1,800 sqft
    2024-08-01 0 days 1,900 sqft
    2024-09-01 0 days 1,806 sqft
    2024-10-01 0 days 2,033 sqft
    2024-11-01 0 days 2,080 sqft
    2024-12-01 0 days 2,080 sqft
    2025-01-01 0 days 1,988 sqft
    2025-02-01 0 days 2,073 sqft
    2025-03-01 0 days 2,104 sqft
    Las Vegas's median listing age (time on market) for 2025-03-01 was 0 days.

    Las Vegas's median square footage for active listings during the 2025-03-01 period was 2,104 sqft. One year prior, the average listing was 1,800 sqft.

    Las Vegas, NM Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 169 $33,725,000 $199,556
    Cash Out Refi 33 $5,435,000 $164,697
    Refi 25 $5,525,000 $221,000
    Other 10 $1,360,000 $136,000
    Home Improvement 6 $820,000 $136,667

    Las Vegas's most frequently cited loan purpose was Home Purchase, with 169 originations. The 2nd most popular reason was Cash Out Refi, with 33 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 106 $24,160,000 $227,925
    Over 8% 62 $8,260,000 $133,226
    7-8% 43 $8,855,000 $205,930
    5-6% 26 $5,310,000 $204,231
    <2.5% 5 $75,000 $15,000

    During 2024, Las Vegas's most frequently originated rate bucket was 6-7%, with 106 originations.

    Loan Sizing (Las Vegas, NM MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 85 $12,805,000 $150,647
    $200k-400k 81 $22,455,000 $277,222
    $100,000 or less 60 $3,060,000 $51,000
    $400k-600k 14 $6,450,000 $460,714
    $600k-1000k 3 $2,095,000 $698,333

    Las Vegas's loan sizing saw the bucket of loans from $100k-200k with 85 originations, totaling $12,805,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 113 $24,645,000 $218,097
    60-80% 62 $14,040,000 $226,452
    Under 20% 21 $545,000 $25,952
    40-60% 19 $3,605,000 $189,737
    20-40% 16 $1,710,000 $106,875
    Over 100% 4 $1,080,000 $270,000

    Las Vegas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 113 originations, totaling $24,645,000 in origination value.