Top Mortgage Lenders in Elko, NV

Which mortgage lender in the Elko, NV area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Elko, NV area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Elko, NV area is Wells Fargo Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.09%. This means that Wells Fargo Bank provided a -0.09% lower interest rate for its customers than other lenders in Elko, NV for a similar set of borrowers. Wells Fargo Bank has a market share of 5.8%. On the other hand, the most popular lender in the market is Guild Mortgage Company, with a market share of 28.5%. Guild Mortgage Company is an average rate lender in this area, with a “Rate Difference” of +0.00% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Elko, NV area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Elko, NV is Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Guild Mortgage Company. The cheapest VA mortgage provider is Greater Nevada Mortgage Services. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Elko, NV

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.09% 5.79%
LoanDepot 2, -0.04% 3.68%
Movement Mortgage 3, -0.03% 3.89%
Flagstar Bank 4, -0.03% 7.05%
Greater Nevada Mortgage Services 5, -0.02% 8.21%
Quicken Loans 6, 0.00% 13.05%
Guild Mortgage Company 7, 0.00% 28.53%
Citywide Home Loans 8, 0.01% 3.79%
New American Funding 9, 0.01% 7.58%
Finance of America Mortgage 10, 0.02% 6.95%
Academy Mortgage Corporation 11, 0.06% 11.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.16% 5.46%
Quicken Loans 2, -0.09% 5.46%
Flagstar Bank 3, -0.04% 7.87%
Movement Mortgage 4, -0.03% 3.53%
Greater Nevada Mortgage Services 5, -0.01% 8.83%
Citywide Home Loans 6, 0.01% 5.46%
Finance of America Mortgage 7, 0.01% 8.51%
New American Funding 8, 0.01% 9.15%
Guild Mortgage Company 9, 0.02% 30.66%
LoanDepot 10, 0.03% 0.96%
Academy Mortgage Corporation 11, 0.07% 14.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.05% 8.87%
Movement Mortgage 2, -0.04% 4.59%
Guild Mortgage Company 3, -0.03% 24.46%
Greater Nevada Mortgage Services 4, -0.03% 7.03%
Citywide Home Loans 5, -0.01% 0.61%
Flagstar Bank 6, -0.00% 5.50%
New American Funding 7, 0.01% 4.59%
Academy Mortgage Corporation 8, 0.01% 6.42%
Wells Fargo Bank 9, 0.02% 6.42%
Quicken Loans 10, 0.05% 27.52%
Finance of America Mortgage 11, 0.05% 3.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.11% 9.29%
LoanDepot 2, -0.09% 3.90%
Flagstar Bank 3, -0.06% 7.81%
New American Funding 4, -0.05% 3.16%
Movement Mortgage 5, -0.03% 2.97%
Greater Nevada Mortgage Services 6, -0.02% 8.92%
Citywide Home Loans 7, -0.00% 4.09%
Quicken Loans 8, -0.00% 18.59%
Finance of America Mortgage 9, 0.02% 8.36%
Guild Mortgage Company 10, 0.06% 21.93%
Academy Mortgage Corporation 11, 0.07% 10.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.19% 9.15%
Quicken Loans 2, -0.11% 9.15%
Flagstar Bank 3, -0.08% 8.23%
New American Funding 4, -0.06% 3.96%
LoanDepot 5, -0.04% 0.61%
Movement Mortgage 6, -0.03% 3.96%
Citywide Home Loans 7, -0.01% 6.10%
Finance of America Mortgage 8, 0.01% 9.76%
Greater Nevada Mortgage Services 9, 0.01% 7.62%
Guild Mortgage Company 10, 0.08% 28.35%
Academy Mortgage Corporation 11, 0.10% 13.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.09% 9.05%
Greater Nevada Mortgage Services 2, -0.05% 10.95%
Movement Mortgage 3, -0.05% 1.43%
Citywide Home Loans 4, -0.03% 0.95%
New American Funding 5, -0.03% 1.90%
Guild Mortgage Company 6, -0.02% 11.90%
Flagstar Bank 7, -0.02% 7.14%
Academy Mortgage Corporation 8, -0.01% 7.62%
Wells Fargo Bank 9, 0.00% 9.52%
Finance of America Mortgage 10, 0.04% 6.19%
Quicken Loans 11, 0.05% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.04% 39.44%
Quicken Loans 2, -0.03% 5.28%
Movement Mortgage 3, -0.02% 4.35%
Greater Nevada Mortgage Services 4, -0.01% 8.07%
Finance of America Mortgage 5, 0.01% 5.59%
Flagstar Bank 6, 0.02% 5.59%
Wells Fargo Bank 7, 0.03% 0.31%
Citywide Home Loans 8, 0.03% 3.42%
LoanDepot 9, 0.05% 2.48%
New American Funding 10, 0.05% 13.98%
Academy Mortgage Corporation 11, 0.06% 11.49%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.05% 34.98%
Quicken Loans 2, -0.04% 1.23%
Movement Mortgage 3, -0.02% 2.88%
Greater Nevada Mortgage Services 4, -0.02% 10.70%
Finance of America Mortgage 5, 0.01% 7.41%
Flagstar Bank 6, 0.01% 7.00%
Citywide Home Loans 7, 0.02% 4.53%
New American Funding 8, 0.05% 15.64%
Academy Mortgage Corporation 9, 0.05% 13.99%
LoanDepot 10, 0.07% 1.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.02% 53.16%
Quicken Loans 2, -0.01% 17.72%
Movement Mortgage 3, -0.01% 8.86%
Flagstar Bank 4, 0.02% 1.27%
LoanDepot 5, 0.04% 5.06%
Wells Fargo Bank 6, 0.05% 1.27%
New American Funding 7, 0.07% 8.86%
Academy Mortgage Corporation 8, 0.07% 3.80%
Insufficient data available.
Insufficient data available.
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Greater Nevada Mortgage Services 1, -0.04% 4.44%
Wells Fargo Bank 2, -0.03% 4.44%
Movement Mortgage 3, -0.03% 7.78%
Flagstar Bank 4, -0.03% 7.78%
Finance of America Mortgage 5, -0.01% 3.33%
Guild Mortgage Company 6, 0.00% 28.89%
Citywide Home Loans 7, 0.00% 3.33%
LoanDepot 8, 0.00% 6.67%
Quicken Loans 9, 0.01% 7.78%
New American Funding 10, 0.02% 11.11%
Academy Mortgage Corporation 11, 0.03% 14.44%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Greater Nevada Mortgage Services 1, -0.05% 7.69%
Wells Fargo Bank 2, -0.05% 7.69%
Flagstar Bank 3, -0.05% 9.62%
Movement Mortgage 4, -0.03% 3.85%
Finance of America Mortgage 5, -0.03% 5.77%
Quicken Loans 6, -0.01% 1.92%
Citywide Home Loans 7, -0.01% 5.77%
New American Funding 8, 0.02% 11.54%
Academy Mortgage Corporation 9, 0.03% 21.15%
Guild Mortgage Company 10, 0.03% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.02% 34.21%
Movement Mortgage 2, -0.02% 13.16%
Flagstar Bank 3, -0.00% 5.26%
Academy Mortgage Corporation 4, 0.01% 5.26%
New American Funding 5, 0.01% 10.53%
LoanDepot 6, 0.02% 15.79%
Quicken Loans 7, 0.03% 15.79%

* Data is compiled for the Elko, NV commuting zone area, which comprises of counties of Elko County, NV, Eureka County, NV, and White Pine County, NV. This includes cities/towns/communities of Elko, NV as well as Spring Creek, NV, Ely, NV, West Wendover, NV, Carlin, NV, Wells, NV, McGill, NV, Eureka, NV, and Jackpot, NV. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Elko, NV area. For mortgage lender rankings of other cities, click here.