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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Nevada
  4. Reno
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Reno, NV

How much house can you afford in Reno? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Reno

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Guild Mortgage - Jorge I Montoya Morales

Guild Mortgage - Jorge I Montoya Morales focuses on guiding first-time homebuyers through the mortgage process with clear communication and ongoing support. The team offers personalized mortgage services and keeps clients informed at every step. Customers appreciate their friendly approach and thorough explanations, making the experience less overwhelming.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(775) 253-8447
Closed Now
5370 Kietzke Ln #103, Reno, NV 89511
General Services
Home Loan Services
2

Guild Mortgage - Amanda Rea

Guild Mortgage focuses on creating personalized home loan plans that help clients build wealth through real estate. They offer a variety of mortgage options, including programs for first-time buyers and refinancing, supported by helpful online tools. Customers appreciate the team’s clear communication and friendly, knowledgeable guidance throughout the process.

View Profile
(775) 345-3155
Closed Now
5370 Kietzke Ln #103, Reno, NV 89511
3

Home Wealth Funding, Inc

Licensed in both Nevada and California, Home Wealth Funding focuses on residential mortgages, helping clients with home purchases and refinancing. Their team emphasizes clear communication and competitive rates, often praised for being responsive and supportive throughout the process. Some clients note occasional delays but appreciate the personalized guidance provided.

Services & Prices
First-Time Home Buyer Consultation $50 - $100
Home Loan Pre-Approval $300 - $500
Closing Process Support $200 - $400
Mortgage Options Review $100 - $200
View Profile
(775) 298-1380
Closed Now
5595 Kietzke Ln #100, Reno, NV 89511
General Services
Home Buying Assistance
4

Kevin Areia - Mortgage Advisor at Stanford Mortgage

Known for comparing loan options from multiple lenders, this mortgage advisor offers a wide range of services including refinancing, investment property guidance, and specialized loans like Jumbo, FHA, and VA. Clients appreciate the clear communication and supportive team that help make complex processes more manageable, even when timelines extend.

View Profile
(775) 500-1932
Open 7:00 AM - 8:00 PM
1170 S Rock Blvd #201, Reno, NV 89502
5

Kevin Edwards Mortgage Broker

Known for transparent pricing and clear communication, Kevin Edwards Mortgage Broker helps clients secure competitive mortgage rates without hidden fees. The team offers fast, professional service and thorough explanations throughout the loan process. Customers appreciate their honesty and responsiveness, though some note the experience moves quickly.

View Profile
(775) 313-1165
Closed Now
3500 Lakeside Ct Ste 110, Reno, NV 89509
Where they are 10 on the map Click a pin for the profile and directions
6

US Financial, LLC - Mark Lamerdin

US Financial, LLC - Mark Lamerdin focuses on delivering mortgage loans with competitive wholesale rates often lower than banks and credit unions. The team offers home purchase and refinancing services, aiming to close loans within 21 days while providing personalized support through dedicated loan officers. Clients appreciate their clear communication and smooth process.

Services & Prices
Home Mortgage Quoted per loan
Refinancing Quoted per loan
Investment Property Financing Quoted per loan
View Profile
(775) 829-7979
Closed Now
1325 Airmotive Wy #175-D, Reno, NV 89502
General Services
Mortgage Services
7

Wholesale Mortgage Services

Specializing in 1031 Exchange transactions and veteran advocacy, Wholesale Mortgage Services offers personalized mortgage solutions backed by extensive resources. The team is known for being responsive and attentive to client needs, providing thorough support throughout the lending process. Some clients note a busy schedule, but overall appreciate the detailed care they receive.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(775) 825-1600
Closed Now
9635 Gateway Dr # B, Reno, NV 89521
General Services
Mortgage Services
8

Sage Home Lending - Rashelle Kotch

Sage Home Lending specializes in providing personalized mortgage solutions by leveraging a broad network of lending partners to offer competitive rates and terms. The team guides clients through every step of purchasing or refinancing a home, focusing on clear communication and tailored financing options. Customers appreciate the smooth, transparent process and responsive support throughout.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
Rate-and-Term Refinance Quoted per loan
View Profile
(775) 204-6698
Closed Now
100 N Arlington Ave Ste 340C, Reno, NV 89501
General Services
Home Loans
9

Becky Wishart | Reno Home Loans Specialist

Specializing in personalized mortgage guidance, Becky Wishart helps clients navigate home loans with patience and clear communication. The team focuses on finding the best financial fit for each individual, making the process feel manageable and supportive. Customers appreciate the responsiveness and thoroughness, though some note the experience can be detailed as they explore all options.

Services & Prices
Loan Pre-Approval Quoted per loan
Loan Comparison and Selection Quoted per loan
Rate Lock Services Quoted per loan
View Profile
(775) 233-0615
Open 7:30 AM - 7:30 PM
300 E 2nd St Ste 1205, Reno, NV 89501
General Services
Mortgage Services
10

Raintree Mortgage: Chad Satterwhite, Mortgage Broker NMLS #293351

Raintree Mortgage holds an active NMLS license and focuses on helping clients secure favorable home loan rates. The team guides customers through purchases and refinancing with clear communication and timely service. Reviews highlight their professionalism and smooth process, especially during challenging times.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
Rate-and-Term Refinance Quoted per loan
View Profile
(775) 852-5100
Closed Now
150 W Huffaker Ln #104, Reno, NV 89511
General Services
Home Loan Services

Reno Mortgage Statistics

Home-purchase lending in Washoe County and home costs in Reno, NV (latest HMDA and Census data)

Lenders made 5,659 home-purchase loans in Washoe County in 2025 (average about $517,000) and denied 661 — 10% of decided applications, compared with 12% across Nevada, according to federal mortgage data (HMDA, CFPB). In Reno, the median home is worth $548,300 and 65% of owners have a mortgage, paying a median $2,113 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
5,659▲ 12%5,064 in 2024
Denial rate
10%NV 12%
Median home value
$548,300NV $435,400
Monthly cost with a mortgage
$2,113median · NV $1,932
Refinance loans made (Washoe County, 2025)
3,079 · 2,213 in 2024
Home-improvement loans made (2025)
871
Average home-purchase loan
$517,000 (NV $444,000)
Owners with a mortgage
65% · 27% of them spend 30%+ of income on housing
Median household income
$80,760 (NV $78,260)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Washoe County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Reno Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Guild Mortgage - Jorge I Montoya Morales 5.0 743 Quoted per loan (775) 253-8447 Visit
2 Guild Mortgage - Amanda Rea 5.0 328 — (775) 345-3155 Visit
3 Home Wealth Funding, Inc 5.0 306 $50 (775) 298-1380 Visit
4 Kevin Areia - Mortgage Advisor at Stanford Mortgage 5.0 279 — (775) 500-1932 Visit
5 Kevin Edwards Mortgage Broker 5.0 191 — (775) 313-1165 Visit
6 US Financial, LLC - Mark Lamerdin 5.0 76 Quoted per loan (775) 829-7979 Visit
7 Wholesale Mortgage Services 5.0 64 Quoted per loan (775) 825-1600 Visit
8 Sage Home Lending - Rashelle Kotch 5.0 59 Quoted per loan (775) 204-6698 Visit
9 Becky Wishart | Reno Home Loans Specialist 5.0 48 Quoted per loan (775) 233-0615 Visit
10 Raintree Mortgage: Chad Satterwhite, Mortgage Broker NMLS #293351 5.0 46 Quoted per loan (775) 852-5100 Visit

How this Reno mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Nevada rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.5% of the home's value a year, the Nevada average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the Reno mortgage affordability calculator work?
It estimates the highest home price you can qualify for using income, debts, down payment, interest rate, and first-time buyer status. It includes PMI and property tax.
What debt-to-income ratio do I need for a mortgage in Nevada?
Lenders typically cap housing costs at 31% and total debt at 43% of gross monthly income. Some loans allow more with strong credit.
What's the minimum down payment for a Reno home?
Conventional loans require at least 3% down for first-time buyers; FHA loans need 3.5%. VA and USDA loans may allow 0% down for eligible buyers.
How does PMI affect my mortgage in Nevada?
With less than 20% down, conventional loans add PMI, about 0.6% of the loan annually. It can be removed when the loan balance is under 80% of the home's value.
How do interest rates affect what I can afford in Reno?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly; the calculator uses 7.40% as a starting point.
How do existing debts impact my mortgage qualification?
Higher monthly debt payments reduce the amount you can borrow for a mortgage, as lenders cap total debt at 43% of gross monthly income.
What are property taxes like in Nevada?
Property tax is about 0.5% of the home's value annually in Nevada, based on the 2024 average for owner-occupied homes.
What's the difference between pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, credit, and down payment, providing a more accurate borrowing limit. Pre-qualification is a preliminary estimate without verification.
What does a mortgage broker do?
A mortgage broker helps find and negotiate mortgage terms with lenders, offering access to various loan options based on your financial situation.

General information, not financial advice — consult a qualified professional.