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, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Elko, NV area by interest rate and market share. Unlike our competitors, we maintain independence by not accepting any compensation from the mortgage lenders we rank. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Elko, NV area in terms of interest rate is Wells Fargo Bank, with an average “Rate Difference” of -0.10%. This means that, comparing similar borrowers, Wells Fargo Bank provided a -0.10% lower interest rate for its customers than other lenders in the area. Wells Fargo Bank has a market share of 5.8%. On the other hand, the most popular lender in the Elko, NV area is Guild Mortgage Company, with a larger market share of 28.5%. Guild Mortgage Company is an average lender in terms of the interest rate it offers, with a “Rate Difference” of +0.01% compared to those of other lenders in this area.

Our detailed ranking of mortgage lenders in 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. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Elko, NV

Mortgage Type:
Purchase/Refinance:
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.10%(4.0)5.81%
loanDepot-0.04%(3.5)3.70%
Movement Mortgage-0.03%(3.5)3.91%
Flagstar Bank-0.03%(3.5)7.08%
Greater Nevada Mortgage-0.02%(3.5)8.25%
Quicken Loans0.00%(3.5)12.90%
Guild Mortgage Company0.01%(3.5)28.54%
Citywide Home Loans0.01%(3.5)3.81%
New American Funding0.01%(3.5)7.61%
Finance of America Mortgage0.02%(3.5)6.98%
Academy Mortgage Corporation Utah0.06%(3.0)11.42%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.17%(4.5)5.48%
Quicken Loans-0.10%(4.0)5.31%
Flagstar Bank-0.04%(3.5)7.89%
Movement Mortgage-0.03%(3.5)3.54%
Greater Nevada Mortgage-0.01%(3.5)8.86%
Citywide Home Loans0.01%(3.5)5.48%
Finance of America Mortgage0.01%(3.5)8.53%
New American Funding0.01%(3.5)9.18%
Guild Mortgage Company0.02%(3.5)30.60%
loanDepot0.03%(3.5)0.97%
Academy Mortgage Corporation Utah0.07%(3.0)14.17%
Lender NameRate DifferenceRate RatingMarket Share
loanDepot-0.05%(3.5)8.92%
Movement Mortgage-0.04%(3.5)4.62%
Greater Nevada Mortgage-0.03%(3.5)7.08%
Guild Mortgage Company-0.03%(3.5)24.62%
Citywide Home Loans-0.01%(3.5)0.62%
Flagstar Bank-0.00%(3.5)5.54%
Academy Mortgage Corporation Utah0.01%(3.5)6.15%
New American Funding0.01%(3.5)4.62%
Wells Fargo Bank0.02%(3.5)6.46%
Quicken Loans0.05%(3.5)27.38%
Finance of America Mortgage0.05%(3.0)4.00%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.11%(4.0)9.31%
loanDepot-0.09%(4.0)3.91%
Flagstar Bank-0.06%(4.0)7.82%
New American Funding-0.05%(3.5)3.17%
Movement Mortgage-0.03%(3.5)2.98%
Greater Nevada Mortgage-0.02%(3.5)8.94%
Citywide Home Loans-0.00%(3.5)4.10%
Quicken Loans-0.00%(3.5)18.44%
Finance of America Mortgage0.02%(3.5)8.38%
Guild Mortgage Company0.06%(3.0)21.97%
Academy Mortgage Corporation Utah0.08%(3.0)10.99%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.19%(4.5)9.17%
Quicken Loans-0.12%(4.0)8.87%
Flagstar Bank-0.08%(4.0)8.26%
New American Funding-0.06%(4.0)3.98%
loanDepot-0.03%(3.5)0.61%
Movement Mortgage-0.03%(3.5)3.98%
Citywide Home Loans-0.01%(3.5)6.12%
Finance of America Mortgage0.01%(3.5)9.79%
Greater Nevada Mortgage0.01%(3.5)7.65%
Guild Mortgage Company0.08%(3.0)28.44%
Academy Mortgage Corporation Utah0.11%(3.0)13.15%
Lender NameRate DifferenceRate RatingMarket Share
loanDepot-0.09%(4.0)9.05%
Greater Nevada Mortgage-0.05%(4.0)10.95%
Movement Mortgage-0.05%(3.5)1.43%
Citywide Home Loans-0.03%(3.5)0.95%
New American Funding-0.03%(3.5)1.90%
Guild Mortgage Company-0.02%(3.5)11.90%
Flagstar Bank-0.02%(3.5)7.14%
Academy Mortgage Corporation Utah-0.01%(3.5)7.62%
Wells Fargo Bank0.00%(3.5)9.52%
Finance of America Mortgage0.04%(3.5)6.19%
Quicken Loans0.05%(3.5)33.33%
Lender NameRate DifferenceRate RatingMarket Share
Guild Mortgage Company-0.04%(3.5)39.50%
Quicken Loans-0.03%(3.5)5.02%
Movement Mortgage-0.02%(3.5)4.39%
Greater Nevada Mortgage-0.01%(3.5)8.15%
Finance of America Mortgage0.01%(3.5)5.64%
Flagstar Bank0.02%(3.5)5.64%
Wells Fargo Bank0.03%(3.5)0.31%
Citywide Home Loans0.03%(3.5)3.45%
loanDepot0.05%(3.5)2.51%
New American Funding0.05%(3.0)14.11%
Academy Mortgage Corporation Utah0.06%(3.0)11.29%
Lender NameRate DifferenceRate RatingMarket Share
Guild Mortgage Company-0.04%(3.5)34.71%
Quicken Loans-0.04%(3.5)1.24%
Movement Mortgage-0.02%(3.5)2.89%
Greater Nevada Mortgage-0.02%(3.5)10.74%
Finance of America Mortgage0.01%(3.5)7.44%
Flagstar Bank0.01%(3.5)7.02%
Citywide Home Loans0.02%(3.5)4.55%
New American Funding0.05%(3.5)15.70%
Academy Mortgage Corporation Utah0.05%(3.0)14.05%
loanDepot0.07%(3.0)1.65%
Lender NameRate DifferenceRate RatingMarket Share
Guild Mortgage Company-0.01%(3.5)54.55%
Quicken Loans-0.01%(3.5)16.88%
Movement Mortgage-0.01%(3.5)9.09%
Flagstar Bank0.02%(3.5)1.30%
loanDepot0.04%(3.5)5.19%
Wells Fargo Bank0.05%(3.5)1.30%
Academy Mortgage Corporation Utah0.06%(3.0)2.60%
New American Funding0.07%(3.0)9.09%
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Lender NameRate DifferenceRate RatingMarket Share
Greater Nevada Mortgage-0.04%(3.5)4.44%
Wells Fargo Bank-0.03%(3.5)4.44%
Movement Mortgage-0.03%(3.5)7.78%
Flagstar Bank-0.03%(3.5)7.78%
Finance of America Mortgage-0.01%(3.5)3.33%
Guild Mortgage Company0.00%(3.5)28.89%
Citywide Home Loans0.00%(3.5)3.33%
loanDepot0.00%(3.5)6.67%
Quicken Loans0.01%(3.5)7.78%
New American Funding0.02%(3.5)11.11%
Academy Mortgage Corporation Utah0.03%(3.5)14.44%
Lender NameRate DifferenceRate RatingMarket Share
Greater Nevada Mortgage-0.05%(4.0)7.69%
Wells Fargo Bank-0.05%(3.5)7.69%
Flagstar Bank-0.05%(3.5)9.62%
Movement Mortgage-0.03%(3.5)3.85%
Finance of America Mortgage-0.03%(3.5)5.77%
Quicken Loans-0.01%(3.5)1.92%
Citywide Home Loans-0.01%(3.5)5.77%
New American Funding0.02%(3.5)11.54%
Academy Mortgage Corporation Utah0.03%(3.5)21.15%
Guild Mortgage Company0.03%(3.5)25.00%
Lender NameRate DifferenceRate RatingMarket Share
Guild Mortgage Company-0.02%(3.5)34.21%
Movement Mortgage-0.02%(3.5)13.16%
Flagstar Bank-0.00%(3.5)5.26%
Academy Mortgage Corporation Utah0.01%(3.5)5.26%
New American Funding0.01%(3.5)10.53%
loanDepot0.02%(3.5)15.79%
Quicken Loans0.03%(3.5)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 of the data is 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 conditional on the commuting zone, 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 in Other Cities

This page contains information about the top mortgage lenders in the Elko, NV area. For mortgage lender rankings in other cities, click here.