SIERRA PACIFIC MORTGAGE COMPANY, INC. closing costs and rates (2024)
In 2024, SIERRA PACIFIC MORTGAGE COMPANY, INC. originated 5,599 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $9,892. That ranks #86 nationally by origination volume. For total closing costs among lenders with 500+ originations, SIERRA PACIFIC MORTGAGE COMPANY, INC. ranks #541. That is $3,151 above the national median of $6,741. SIERRA PACIFIC MORTGAGE COMPANY, INC. is most active in California with 1,944 originations there.
Purchase Originations
5,599
Ranked #86 nationally
Median Total Costs
$9,892
+46.7% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$4,610
Median Lender Credits
$1,178
Cost Rank (500+ vol.)
#541
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,383 | 6.625% | $7,448 | $4,405 |
| fha | 1,689 | 6.250% | $15,727 | $5,947 |
| va | 410 | 6.250% | $9,331 | $3,069 |
| usda | 117 | 6.250% | $7,536 | $3,051 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 1,944 | 6.500% | $13,692 | #25 |
| Kansas | 407 | 6.625% | $6,107 | #12 |
| Texas | 392 | 6.500% | $11,078 | #143 |
| Florida | 331 | 6.625% | $12,895 | #121 |
| Oregon | 295 | 6.500% | $8,740 | #32 |
| Maryland | 212 | 6.625% | $8,125 | #62 |
| Tennessee | 195 | 6.625% | $9,029 | #78 |
| Virginia | 152 | 6.562% | $7,832 | #102 |
| Utah | 142 | 6.500% | $8,551 | #45 |
| Arizona | 136 | 6.625% | $7,246 | #83 |
| Washington | 123 | 6.500% | $10,246 | #92 |
| Massachusetts | 100 | 6.625% | $10,347 | #92 |
| Indiana | 96 | 6.625% | $5,703 | #131 |
| West Virginia | 89 | 6.625% | $8,376 | #33 |
| Minnesota | 87 | 6.500% | $6,761 | #96 |
| South Carolina | 78 | 6.250% | $8,553 | #136 |
| Pennsylvania | 76 | 6.625% | $6,537 | #175 |
| Nevada | 66 | 6.625% | $9,023 | #85 |
| Illinois | 63 | 6.750% | $6,708 | #177 |
| Arkansas | 61 | 6.625% | $5,593 | #85 |
| New Mexico | 59 | 6.625% | $7,393 | #54 |
| Iowa | 54 | 6.870% | $4,808 | #79 |
| Colorado | 45 | 6.500% | $5,772 | — |
| Georgia | 45 | 6.250% | $11,470 | — |
| Missouri | 43 | 6.625% | $4,482 | — |
| Rhode Island | 40 | 6.688% | $7,910 | — |
| Idaho | 39 | 6.375% | $6,774 | — |
| New Hampshire | 38 | 6.312% | $13,446 | — |
| Wisconsin | 36 | 6.625% | $4,717 | — |
| North Carolina | 25 | 6.625% | $9,482 | — |
| New Jersey | 18 | 6.562% | $11,107 | — |
| Oklahoma | 17 | 6.750% | $9,483 | — |
| Nebraska | 15 | 6.625% | $3,076 | — |
| Alabama | 11 | 6.250% | $9,406 | — |
| Michigan | 11 | 6.625% | $9,593 | — |
| Kentucky | 10 | 6.438% | $5,896 | — |
| Connecticut | 8 | 6.870% | $8,603 | — |
| Ohio | 8 | 6.625% | $6,749 | — |
| Delaware | 7 | 6.625% | $8,081 | — |
| Montana | 7 | 6.125% | $12,468 | — |
| District of Columbia | 4 | 6.808% | $9,281 | — |
| Alaska | 3 | 6.500% | $8,359 | — |
| New York | 3 | 6.625% | $9,434 | — |
| Hawaii | 2 | 6.562% | $13,248 | — |
| Maine | 2 | 6.688% | $9,414 | — |
| Wyoming | 2 | 6.750% | $8,137 | — |
| North Dakota | 1 | 6.500% | $4,843 | — |
| South Dakota | 1 | 7.625% | $3,906 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,209 | 6.625% | — | 63 | −$3,683 | |
| 2 | $6,440 | 6.625% | — | 56 | −$3,452 | |
| 3 | $6,560 | 6.625% | — | 260 | −$3,332 | |
| 4 | $7,125 | 6.750% | — | 81 | −$2,767 | |
| 5 | $7,373 | 6.188% | — | 62 | −$2,519 | |
| 6 | $7,735 | 6.625% | — | 53 | −$2,157 | |
| 7 | $7,948 | 6.625% | — | 60 | −$1,944 | |
| 8 | $11,342 | 6.500% | — | 137 | +$1,450 | |
| 9 | $11,850 | 6.500% | — | 80 | +$1,958 | |
| 10 | $13,002 | 6.625% | — | 48 | +$3,110 | |
| 11 | $13,026 | 6.500% | — | 190 | +$3,134 | |
| 12 | $13,261 | 6.500% | — | 246 | +$3,369 | |
| 13 | $13,381 | 6.500% | — | 75 | +$3,489 | |
| 14 | $13,921 | 6.500% | — | 71 | +$4,029 | |
| 15 | $14,228 | 6.500% | — | 194 | +$4,336 | |
| 16 | $14,386 | 6.500% | — | 54 | +$4,494 | |
| 17 | $15,852 | 6.500% | — | 107 | +$5,960 | |
| 18 | $15,954 | 6.438% | — | 50 | +$6,062 | |
| 19 | $16,674 | 6.375% | — | 121 | +$6,782 | |
| 20 | $17,033 | 6.625% | — | 69 | +$7,141 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.