2024 · Nevada
In 2024, 5,321 investment-property loans worth $1.8B were originated on single-family 1-4 unit homes in Nevada. Here's how those terms compared to the rest of the country.
Investor rate premium
100 bps
U.S. median: 88 bps
Denial rate
16.8%
U.S. median: 17.2%
DSCR / business-purpose
75%
U.S. median: 69%
Median LTV
70%
U.S. median: 75%
Investors in Nevada borrowed at a median rate of 7.5%, versus 6.5% for owner-occupants — a 100 bps premium that ranks 19th of 51 states.
Their applications were denied 16.8% of the time. The leading reasons for denial were debt-to-income ratio, collateral, other.
75% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 14% were cash-out refinances. The typical loan-to-value was 70%, implying about 30% down.
In 2024, the median investment-property loan in Nevada carried a rate of 7.5% versus 6.5% for an owner-occupant — a premium of 100 bps. That ranks 19th of 51 states (1 = highest premium).
16.8% of investment-property applications were denied in Nevada in 2024, the 28th-highest denial rate among the 51 states. The most common denial reasons were debt-to-income ratio, collateral, other.
75% of investor loans in Nevada were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (10th of 51). The median loan-to-value was 70%.
Source: CFPB / FFIEC HMDA Data Browser (loan-level public dataset), 2024. Single-family 1-4 unit, site-built loans; financed purchases only.