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2024 data HMDA 2024 disclosure official source

Elko County

1,953 mortgage applications, 13.7% denial rate. Verify FIPS 32007 with U.S. Census Bureau →

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Nevada · FIPS 32007

Local mortgage market. Elko County, Nevada saw 1,953 HMDA-reported mortgage applications in 2024. Lenders originated 1,052 of those loans and denied 268, producing a denial rate of 13.7% and an approval (origination) rate of 53.9%. The average loan amount was $251,426 at an average note rate of 6.90%, with applicants self-reporting average annual income of $38K. 113 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.6x, meaning typical borrowers took on mortgages of about 6.6 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 32007 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,953
Applications
1,052
Originated
13.7%
Denial Rate
53.9%
Approval Rate
$251,426
Avg Loan Amount
6.90%
Avg Interest Rate
$38K
Avg Applicant Income
6.6x
Loan-to-Income Ratio

Nearby Lenders in Elko County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Guild Mortgage Company 241 22.9%
2 Movement Mortgage, LLC 99 9.4%
3 United Wholesale Mortgage 69 6.6%
4 Rocket Mortgage 65 6.2%
5 Iserve Residential Lending 51 4.8%
Compare Guild Mortgage Company vs Movement Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Elko County?
In the 2024 HMDA reporting year, 1,953 mortgage applications were filed in Elko County, Nevada. Of these, 1,052 were originated (approved and funded), while 268 were denied, resulting in a denial rate of 13.7%.
What is the mortgage denial rate in Elko County?
The mortgage denial rate in Elko County is 13.7%. The approval (origination) rate is 53.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Elko County?
The average mortgage loan amount in Elko County is $251,426. The average interest rate is 6.897%. The average applicant income is $38K.
What is the loan-to-income ratio in Elko County?
The average loan-to-income ratio in Elko County is 6.6x, meaning borrowers took on loans averaging 6.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Elko County?
The top mortgage lenders in Elko County by origination volume are Guild Mortgage Company, Movement Mortgage, LLC, United Wholesale Mortgage. In total, 113 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.