Nevada Private Money Lending:
Licensing, Compliance & Documents

By Anthony Geraci, Managing Partner & CEO, Geraci LLP  |  December 2025

Nevada's private money lending market is concentrated in the Las Vegas metropolitan area, with additional activity in Reno-Sparks. The Las Vegas market experienced a strong recovery and continues to attract real estate investors, particularly in the fix-and-flip and short-term rental segments. Nevada's lack of usury limits on business loans and non-judicial foreclosure make it favorable for private lenders.

This guide covers the essential licensing, usury, foreclosure, and document requirements for private money lenders originating loans in Nevada.

Related: Usury Laws by State  |  Deed of Trust vs. Mortgage Guide  |  How to Lend in Multiple States

Licensing Requirements

Nevada requires a Mortgage Broker or Mortgage Banker license for companies originating consumer mortgage loans, administered by the Nevada Division of Mortgage Lending. Private money lenders making business-purpose loans may still need to register depending on volume and structure.

Key Compliance Considerations

Nevada uses a deed of trust with a power of sale clause. The foreclosure process requires recording a notice of default, followed by a 35-day waiting period, then recording a notice of sale at least 80 days before the sale.

Nevada provides a limited right of redemption for judicial foreclosures but generally does not provide a redemption period for non-judicial trustee's sales.

Nevada requires specific mediation programs for certain owner-occupied residential foreclosures. This requirement generally does not apply to business-purpose loans on investment properties.

Nevada is a community property state, which affects spousal signature requirements on loan documents.

Document Requirements for Nevada Private Money Loans

Nevada private money loans require a deed of trust as the primary security instrument, along with a promissory note, loan agreement, personal guaranty (for entity borrowers), and state-specific disclosures and compliance riders. For fix-and-flip and construction loans, draw agreements, scope of work exhibits, and completion guarantees are also required.

Automate Loan Docs generates complete, Nevada-specific document packages that comply with all applicable state requirements. Every template is drafted by the attorneys at Geraci LLP, whose team has over 30 years of combined experience advising private money lenders across all 50 states — including extensive experience with Nevada lending transactions.