Las Vegas Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Las Vegas averaged 7.45% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.6% and one month ago for the week of 2023-10-19, the average rate was 7.99%.

Las Vegas's average rate one year ago was 6.67%.

For refis of the same type during the week of 2023-11-22, the average rate was 7.89%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Las Vegas 30 Year Fixed Rate 2023-11-22 7.45%
Las Vegas 30 Year Fixed Rate Refi 2023-11-22 7.89%
Las Vegas 15 Year Fixed Rate 2023-11-22 6.67%
Las Vegas 15 Year Fixed Rate Refi 2023-11-22 7.07%
Las Vegas 30 Year FHA 2023-11-22 0%
Las Vegas 30 Year FHA Refi 2023-11-22 0.1%
Las Vegas 30 Year USDA 2023-11-22 0%
Las Vegas 30 Year USDA Refi 2023-11-22 0.2%
Las Vegas 30 Year VA 2023-11-22 0.2%
Las Vegas 30 Year VA Refi 2023-11-22 0%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 11 4.52% $6,713
UNITED WHOLESALE MORTGAGE, LLC 10 5.27% $5,009
CROSSCOUNTRY MORTGAGE, LLC 6 4.80% $4,649
Waterstone Mortgage Corporation 6 5.39% $4,381
LOANDEPOT.COM, LLC 4 5.00% $4,301
GUADALUPE CREDIT UNION 4 5.76% $4,979
FINANCE OF AMERICA MORTGAGE LLC 4 5.16% $6,129
Gateway First Bank 4 5.09% $2,284
21ST MORTGAGE CORPORATION 3 6.92% $7,175
AMERISAVE MORTGAGE CORPORATION 3 4.29% $7,926
Wells Fargo Bank 3 4.54% $4,786
USAA Federal Savings Bank 2 5.75% $8,467
U.S. Bank 2 3.88% $9,949
DELMAR FINANCIAL COMPANY 2 7.50% $6,418
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.74% $7,820
NUSENDA 2 3.50% $3,969
Bell Bank 2 4.81% $4,696
LAND HOME FINANCIAL SERVICES, INC. 1 4.75% $6,463
Mortgage Research Center, LLC 1 5.63% $2,839
NAVY FEDERAL CREDIT UNION 1 5.50% $2,302
NBH Bank 1 3.75% $4,481
NEWREZ LLC 1 3.25% $4,815
Plains Commerce Bank 1 5.38% $3,215
PURDUE FEDERAL CREDIT UNION 1 4.00% $5,057
SANDIA AREA 1 5.63% $4,140
SANDIA LABORATORY 1 5.38% $2,722
STATE EMPLOYEES 1 4.00% $2,967
TRIAD FINANCIAL SERVICES, INC. 1 6.00% $3,347
UNION HOME MORTGAGE CORP. 1 7.13% $4,413
VAN DYK MORTGAGE CORPORATION 1 6.38% $3,013
Zions Bank 1 5.63% $2,908
AMERICAN FINANCING CORPORATION 1 3.25% $7,846
Bank of America 1 2.50% $8,355
Bank of England 1 3.88% $2,855
BAY EQUITY LLC 1 3.99% $3,001
BROKER SOLUTIONS, INC. 1 3.75% $5,119
CALCON MUTUAL MORTGAGE LLC 1 5.00% $3,203
CALIBER HOME LOANS, INC. 1 6.50% $8,657
CARDINAL FINANCIAL 1 6.50% $12,811
Carrington Mortgage Services, LLC 1 2.88% $5,096
Del Norte Credit Union 1 3.88% $3,836
Enterprise Bank & Trust 1 3.75% $3,132
Farmers & Stockmens Bank 1 6.25% $3,539
First Bank & Trust 1 5.38% $4,506
Flagstar Bank, FSB 1 4.99% $9,685
GUARANTEED RATE, INC. 1 3.25% $11,629
JPMorgan Chase Bank 1 6.25% $500

Las Vegas Average Closing Costs & Other Stats

Las Vegas, NM's 47 lenders originated 350 loans during 2022. The total origination value was $62,080,000, with an average loan value of $177,371.

Las Vegas's average closing costs are $5,510.

The top Las Vegas lender as defined by loan originations is QUICKEN LOANS, LLC, with 11 loans originated. Their average total fees are $6,713, which is $1,704 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Las Vegas lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,009), QUICKEN LOANS, LLC ($6,713), .

The lowest rate Las Vegas lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.52%), UNITED WHOLESALE MORTGAGE, LLC (5.27%), .

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
QUICKEN LOANS, LLC $11,175,000 $4,875,000 -56.4% 7.9%
21ST MORTGAGE CORPORATION $1,870,000 $4,870,000 160.4% 7.8%
STATE EMPLOYEES $5,000,000 $4,215,000 -15.7% 6.8%
UNITED WHOLESALE MORTGAGE, LLC $2,035,000 $2,670,000 31.2% 4.3%
CROSSCOUNTRY MORTGAGE, LLC $1,990,000 $2,420,000 21.6% 3.9%
FINANCE OF AMERICA MORTGAGE LLC $2,485,000 $2,420,000 -2.6% 3.9%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,810,000 $2,340,000 29.3% 3.8%
Waterstone Mortgage Corporation $4,625,000 $1,875,000 -59.5% 3.0%
Gateway First Bank $1,610,000 $1,625,000 0.9% 2.6%
LOANDEPOT.COM, LLC $2,755,000 $1,600,000 -41.9% 2.6%
Bell Bank $400,000 $1,460,000 265.0% 2.4%
GUILD MORTGAGE COMPANY $1,750,000 $1,375,000 -21.4% 2.2%
GUARANTEED RATE, INC. $880,000 $1,345,000 52.8% 2.2%
Wells Fargo Bank $3,645,000 $1,305,000 -64.2% 2.1%
Mortgage Research Center, LLC $1,285,000 $1,275,000 -0.8% 2.1%
SOUTHWEST STAGE FUNDING, LLC $1,935,000 $1,020,000 -47.3% 1.6%
NUSENDA $1,000,000 $915,000 -8.5% 1.5%
U.S. Bank $755,000 $900,000 19.2% 1.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $145,000 $880,000 506.9% 1.4%
GUADALUPE CREDIT UNION $1,365,000 $870,000 -36.3% 1.4%
BROKER SOLUTIONS, INC. $1,945,000 $830,000 -57.3% 1.3%
NEW DAY FINANCIAL, LLC $450,000 $825,000 83.3% 1.3%
MID AMERICA MORTGAGE, INC. $555,000 $755,000 36.0% 1.2%
NAVY FEDERAL CREDIT UNION $685,000 $740,000 8.0% 1.2%
Commerce Home Mortgage, Inc. $245,000 $685,000 179.6% 1.1%
Del Norte Credit Union $1,680,000 $670,000 -60.1% 1.1%
USAA Federal Savings Bank $645,000 n/a 1.0%
Enterprise Bank & Trust $2,055,000 $640,000 -68.9% 1.0%
LOANPAL, LLC $475,000 $625,000 31.6% 1.0%
FREEDOM MORTGAGE CORPORATION $3,050,000 $615,000 -79.8% 1.0%
JPMorgan Chase Bank $900,000 $615,000 -31.7% 1.0%
AMERISAVE MORTGAGE CORPORATION $960,000 $590,000 -38.5% 1.0%
Bank of America $385,000 $585,000 51.9% 0.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $165,000 $580,000 251.5% 0.9%
VAN DYK MORTGAGE CORPORATION $440,000 $570,000 29.5% 0.9%
DELMAR FINANCIAL COMPANY $550,000 n/a 0.9%
Barrington Bank & Trust Company, N.A. $505,000 $540,000 6.9% 0.9%
PENNYMAC LOAN SERVICES, LLC $535,000 $535,000 0.0% 0.9%
First Fidelity Bank $525,000 n/a 0.8%
AMERICAN FINANCIAL RESOURCES, INC. $400,000 $510,000 27.5% 0.8%
The Federal Savings Bank $245,000 $505,000 106.1% 0.8%
Zions Bancorporation, N.A. $465,000 n/a 0.7%
BAY EQUITY LLC $395,000 n/a 0.6%
Mid-Continent Funding, Inc. $390,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $750,000 $370,000 -50.7% 0.6%
Magnolia Bank $355,000 n/a 0.6%
NBH Bank $295,000 $355,000 20.3% 0.6%
UNION HOME MORTGAGE CORP. $405,000 $340,000 -16.0% 0.5%
LEGACY MORTGAGE LLC $560,000 $335,000 -40.2% 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $575,000 $325,000 -43.5% 0.5%
LAND HOME FINANCIAL SERVICES, INC. $285,000 n/a 0.5%
PURDUE FEDERAL CREDIT UNION $285,000 n/a 0.5%
CALIBER HOME LOANS, INC. $500,000 $265,000 -47.0% 0.4%
Farmers & Stockmens Bank $150,000 $240,000 60.0% 0.4%
Nations Lending Corporation $145,000 $240,000 65.5% 0.4%
CREDIT HUMAN FEDERAL CREDIT UNION $195,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $195,000 n/a 0.3%
PRIMARY RESIDENTIAL MORTGAGE, INC. $725,000 $195,000 -73.1% 0.3%
U.S. EAGLE $440,000 $195,000 -55.7% 0.3%
Flagstar Bank, FSB $465,000 $175,000 -62.4% 0.3%
AMERICAN FINANCING CORPORATION $65,000 $165,000 153.8% 0.3%
CMG MORTGAGE, INC. $240,000 $155,000 -35.4% 0.2%
MOVEMENT MORTGAGE, LLC $250,000 $155,000 -38.0% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $155,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $780,000 $145,000 -81.4% 0.2%
PHH Mortgage Corporation $145,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $145,000 n/a 0.2%
AMERICAN ADVISORS GROUP $135,000 n/a 0.2%
SANDIA LABORATORY $135,000 n/a 0.2%
HOME POINT FINANCIAL CORPORATION $485,000 $125,000 -74.2% 0.2%
PLAZA HOME MORTGAGE, INC. $125,000 n/a 0.2%
CALCON MUTUAL MORTGAGE LLC $115,000 n/a 0.2%
SANDIA AREA $105,000 $115,000 9.5% 0.2%
ACADEMY MORTGAGE CORPORATION $1,230,000 $110,000 -91.1% 0.2%
Bank of England $105,000 n/a 0.2%
First Bank & Trust $225,000 $105,000 -53.3% 0.2%
NEWREZ LLC $700,000 $105,000 -85.0% 0.2%
Plains Commerce Bank $195,000 $105,000 -46.2% 0.2%
PENTAGON FEDERAL CREDIT UNION $225,000 $95,000 -57.8% 0.2%
Sunflower Bank $1,045,000 $95,000 -90.9% 0.2%
Carrington Mortgage Services, LLC $645,000 $75,000 -88.4% 0.1%
PNC Bank $25,000 $15,000 -40.0% 0.0%

Las Vegas's top lender by overall market share is QUICKEN LOANS, LLC, with 7.9% market share. In second place, with 7.8%, is 21ST MORTGAGE CORPORATION, having originated $4,870,000 in loans. In third place, with 6.8%, is STATE EMPLOYEES, having originated $4,215,000 in loans. In fourth place, with 4.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,670,000 in loans. In fifth place, with 3.9%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $2,420,000 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 $215,750 (7.9%) $379,768 (-2.6%) 0.00 186
2018-02-01 $218,000 (9.0%) $373,000 (-3.6%) 0.00 177
2018-03-01 $225,000 (9.8%) $363,999 (-8.2%) 0.00 176
2018-04-01 $221,875 (10.9%) $369,535 (-3.6%) 0.00 186
2018-05-01 $219,875 (9.9%) $350,632 (-10.5%) 0.00 200
2018-06-01 $220,000 (3.8%) $350,654 (-10.4%) 0.00 220
2018-07-01 $224,875 (12.7%) $360,022 (-4.6%) 0.00 223
2018-08-01 $224,000 (12.6%) $335,542 (-10.4%) 0.00 233
2018-09-01 $239,500 (20.4%) $343,172 (-9.9%) 0.00 220
2018-10-01 $234,925 (18.1%) $339,561 (-9.0%) 0.00 219
2018-11-01 $229,975 (15.4%) $345,804 (-10.3%) 0.00 207
2018-12-01 $235,000 (17.8%) $337,184 (-10.9%) 0.00 196
2019-01-01 $240,000 (11.2%) $346,863 (-8.7%) 0.00 179
2019-02-01 $235,000 (7.8%) $344,585 (-7.6%) 0.00 177
2019-03-01 $226,429 (0.6%) $336,159 (-7.7%) 0.00 181
2019-04-01 $218,179 (-1.7%) $329,236 (-10.9%) 0.00 189
2019-05-01 $227,000 (3.2%) $328,051 (-6.4%) 0.00 194
2019-06-01 $230,500 (4.8%) $326,003 (-7.0%) 0.00 196
2019-07-01 $225,000 (0.1%) $343,862 (-4.5%) 0.00 200
2019-08-01 $231,000 (3.1%) $347,492 (3.6%) 0.00 193
2019-09-01 $240,000 (0.2%) $349,782 (1.9%) 0.00 183
2019-10-01 $246,000 (4.7%) $351,309 (3.5%) 0.00 177
2019-11-01 $249,000 (8.3%) $350,425 (1.3%) 0.00 166
2019-12-01 $241,250 (2.7%) $348,384 (3.3%) 0.00 161
2020-01-01 $233,250 (-2.8%) $343,891 (-0.9%) 0.00 148
2020-02-01 $247,000 (5.1%) $362,901 (5.3%) 0.00 141
2020-03-01 $249,000 (10.0%) $350,612 (4.3%) 0.00 133
2020-04-01 $244,175 (11.9%) $335,194 (1.8%) 0.00 129
2020-05-01 $245,000 (7.9%) $334,753 (2.0%) 0.00 127
2020-06-01 $250,000 (8.5%) $359,751 (10.4%) 0.00 122
2020-07-01 $249,750 (11.0%) $369,918 (7.6%) 0.00 119
2020-08-01 $279,000 (20.8%) $392,743 (13.0%) 0.00 123
2020-09-01 $278,125 (15.9%) $389,166 (11.3%) 0.00 133
2020-10-01 $274,900 (11.8%) $391,936 (11.6%) 0.00 134
2020-11-01 $277,250 (11.4%) $472,647 (34.9%) 0.00 121
2020-12-01 $276,125 (14.5%) $492,530 (41.4%) 0.00 107
2021-01-01 $279,500 (19.8%) $513,047 (49.2%) 0.00 92
2021-02-01 $276,100 (11.8%) $507,978 (40.0%) 0.00 79
2021-03-01 $284,250 (14.2%) $522,213 (48.9%) 0.00 74
2021-04-01 $309,750 (26.9%) $531,618 (58.6%) 0.00 71
2021-05-01 $299,500 (22.2%) $522,378 (56.1%) 0.00 74
2021-06-01 $296,475 (18.6%) $534,844 (48.7%) 0.00 77
2021-07-01 $289,000 (15.7%) $522,889 (41.4%) 0.00 76
2021-08-01 $312,500 (12.0%) $494,198 (25.8%) 0.00 71
2021-09-01 $346,250 (24.5%) $461,716 (18.6%) 0.00 63
2021-10-01 $325,000 (18.2%) $450,350 (14.9%) 0.00 56
2021-11-01 $259,000 (-6.6%) $400,399 (-15.3%) 0.00 51
2021-12-01 $239,750 (-13.2%) $384,140 (-22.0%) 0.00 47
2022-01-01 $230,000 (-17.7%) $344,543 (-32.8%) 0.00 39
2022-02-01 $230,000 (-16.7%) $345,503 (-32.0%) 0.00 44
2022-03-01 $212,500 (-25.2%) $345,860 (-33.8%) 0.00 43
2022-04-01 $220,000 (-29.0%) $357,500 (-32.8%) 0.00 40
2022-05-01 $247,600 (-17.3%) $449,389 (-14.0%) 0.00 42
2022-06-01 $251,725 (-15.1%) $436,134 (-18.5%) 0.00 49
2022-07-01 $249,450 (-13.7%) $441,984 (-15.5%) 0.00 53
2022-08-01 $273,500 (-12.5%) $459,578 (-7.0%) 0.00 55
2022-09-01 $283,000 (-18.3%) $474,725 (2.8%) 0.00 60
2022-10-01 $299,999 (-7.7%) $484,170 (7.5%) 0.00 65
2022-11-01 $289,500 (11.8%) $482,793 (20.6%) 0.00 69
2022-12-01 $265,000 (10.5%) $466,964 (21.6%) 0.00 72
2023-01-01 $255,400 (11.0%) $452,845 (31.4%) 0.00 73
2023-02-01 $265,000 (15.2%) $453,876 (31.4%) 0.00 69
2023-03-01 $265,000 (24.7%) $409,839 (18.5%) 0.00 69
2023-04-01 $270,000 (22.7%) $404,709 (13.2%) 0.00 65
2023-05-01 $231,750 (-6.4%) $376,421 (-16.2%) 0.00 66
2023-06-01 $280,000 (11.2%) $438,160 (0.5%) 0.00 67
2023-07-01 $285,000 (14.3%) $436,896 (-1.2%) 0.00 78
2023-08-01 $280,000 (2.4%) $537,277 (16.9%) 0.00 76
2023-09-01 $285,000 (0.7%) $573,895 (20.9%) 0.00 74
2023-10-01 $314,500 (4.8%) $693,516 (43.2%) 0.00 73
Las Vegas's median listing price for 2023-10-01 was $314,500, a difference of $14,501 (4.8%) versus the prior year and $29,500 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 2023-10-01 was $693,516, a difference of $209,346 (43.2%) versus the prior year and $119,621 versus the prior month.

For the 2023-10-01 period, Las Vegas had 73 MLS listings, a difference of -1 listings (-1%) versus the prior month and 8 listings (12%) 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 1,805 sqft
2018-02-01 0 days 1,800 sqft
2018-03-01 0 days 1,784 sqft
2018-04-01 0 days 1,834 sqft
2018-05-01 0 days 1,838 sqft
2018-06-01 0 days 1,829 sqft
2018-07-01 0 days 1,843 sqft
2018-08-01 0 days 1,830 sqft
2018-09-01 0 days 1,829 sqft
2018-10-01 0 days 1,797 sqft
2018-11-01 0 days 1,837 sqft
2018-12-01 0 days 1,829 sqft
2019-01-01 0 days 1,829 sqft
2019-02-01 0 days 1,812 sqft
2019-03-01 0 days 1,810 sqft
2019-04-01 0 days 1,789 sqft
2019-05-01 0 days 1,771 sqft
2019-06-01 0 days 1,775 sqft
2019-07-01 0 days 1,786 sqft
2019-08-01 0 days 1,793 sqft
2019-09-01 0 days 1,794 sqft
2019-10-01 0 days 1,795 sqft
2019-11-01 0 days 1,751 sqft
2019-12-01 0 days 1,760 sqft
2020-01-01 0 days 1,708 sqft
2020-02-01 0 days 1,708 sqft
2020-03-01 0 days 1,718 sqft
2020-04-01 0 days 1,697 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 1,868 sqft
2020-12-01 0 days 1,996 sqft
2021-01-01 0 days 1,994 sqft
2021-02-01 0 days 1,796 sqft
2021-03-01 0 days 1,951 sqft
2021-04-01 0 days 2,023 sqft
2021-05-01 0 days 2,000 sqft
2021-06-01 0 days 2,073 sqft
2021-07-01 0 days 2,023 sqft
2021-08-01 0 days 2,015 sqft
2021-09-01 0 days 2,001 sqft
2021-10-01 0 days 2,001 sqft
2021-11-01 0 days 1,778 sqft
2021-12-01 0 days 1,765 sqft
2022-01-01 0 days 1,914 sqft
2022-02-01 0 days 1,749 sqft
2022-03-01 0 days 1,629 sqft
2022-04-01 0 days 1,624 sqft
2022-05-01 0 days 1,680 sqft
2022-06-01 0 days 1,749 sqft
2022-07-01 0 days 1,727 sqft
2022-08-01 0 days 1,511 sqft
2022-09-01 0 days 1,530 sqft
2022-10-01 0 days 1,603 sqft
2022-11-01 0 days 1,657 sqft
2022-12-01 0 days 1,620 sqft
2023-01-01 0 days 1,603 sqft
2023-02-01 0 days 1,637 sqft
2023-03-01 0 days 1,673 sqft
2023-04-01 0 days 1,591 sqft
2023-05-01 0 days 1,548 sqft
2023-06-01 0 days 1,609 sqft
2023-07-01 0 days 1,600 sqft
2023-08-01 0 days 1,577 sqft
2023-09-01 0 days 1,687 sqft
2023-10-01 0 days 1,819 sqft
Las Vegas's median listing age (time on market) for 2023-10-01 was 0 days.

Las Vegas's median square footage for active listings during the 2023-10-01 period was 1,819 sqft. One year prior, the average listing was 1,603 sqft.

Las Vegas, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 195 $38,845,000 $199,205
Cash Out Refi 76 $13,340,000 $175,526
Refi 56 $7,410,000 $132,321
Home Improvement 12 $1,050,000 $87,500
Other 11 $1,435,000 $130,455

Las Vegas's most frequently cited loan purpose was Home Purchase, with 195 originations. The 2nd most popular reason was Cash Out Refi, with 76 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 83 $18,055,000 $217,530
5-6% 68 $11,920,000 $175,294
4-5% 62 $10,720,000 $172,903
6-7% 53 $7,825,000 $147,642
7-8% 29 $4,495,000 $155,000
Over 8% 23 $2,975,000 $129,348
2.5-3% 16 $2,740,000 $171,250
<2.5% 14 $2,630,000 $187,857

During 2022, Las Vegas's most frequently originated rate bucket was 3-4%, with 83 originations.

Loan Sizing (Las Vegas, NM MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 147 $21,765,000 $148,061
$200k-400k 98 $26,120,000 $266,531
$100,000 or less 90 $5,390,000 $59,889
$400k-600k 13 $6,495,000 $499,615
$600k-1000k 1 $965,000 $965,000
$Over $1MM 1 $1,345,000 $1,345,000

Las Vegas's loan sizing saw the bucket of loans from $100k-200k with 147 originations, totaling $21,765,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 152 $32,860,000 $216,184
60-80% 84 $15,580,000 $185,476
40-60% 46 $6,840,000 $148,696
20-40% 19 $1,815,000 $95,526
Under 20% 17 $625,000 $36,765
Over 100% 6 $1,670,000 $278,333

Las Vegas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 152 originations, totaling $32,860,000 in origination value.