Purchase Originations
5,372
Ranked #90 nationally
Median Total Costs
$9,355
+40.0% vs national ($6,680)
↓ $537 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↑ 0.125% vs prior year
Median Origination
$4,247
Median Lender Credits
$1,098
Cost Rank (500+ vol.)
#520
among lenders with 500+ originations
Denial Rate
5.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,660 | 6.625% | $7,552 | $4,199 |
| fha | 1,406 | 6.375% | $14,672 | $4,979 |
| va | 205 | 6.250% | $7,990 | $2,360 |
| usda | 101 | 6.250% | $9,311 | $3,542 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| California | 1,709 | 6.500% | $13,642 | #26 |
| Texas | 437 | 6.500% | $10,645 | #121 |
| Oregon | 327 | 6.500% | $8,273 | #31 |
| Kansas | 315 | 6.625% | $6,122 | #21 |
| Florida | 224 | 6.750% | $8,945 | #150 |
| Colorado | 201 | 6.625% | $7,905 | #78 |
| Arizona | 199 | 6.750% | $7,681 | #67 |
| Tennessee | 196 | 6.625% | $9,285 | #80 |
| Maryland | 165 | 6.625% | $7,234 | #73 |
| Washington | 157 | 6.625% | $8,931 | #76 |
| Virginia | 153 | 6.625% | $8,577 | #101 |
| Massachusetts | 151 | 6.625% | $10,100 | #67 |
| Utah | 143 | 6.500% | $8,152 | #43 |
| Pennsylvania | 119 | 6.625% | $7,541 | #146 |
| Georgia | 87 | 6.625% | $9,747 | #150 |
| Illinois | 77 | 6.750% | $7,458 | #168 |
| New Mexico | 72 | 6.625% | $5,506 | #52 |
| Nevada | 72 | 6.625% | $8,095 | #75 |
| Minnesota | 68 | 6.625% | $6,307 | #114 |
| North Carolina | 53 | 6.500% | $8,665 | #198 |
| Iowa | 49 | 6.750% | $5,475 | — |
| Missouri | 43 | 6.750% | $5,228 | — |
| New Hampshire | 42 | 6.500% | $6,465 | — |
| Rhode Island | 37 | 6.750% | $7,990 | — |
| South Carolina | 30 | 6.500% | $6,221 | — |
| New Jersey | 29 | 6.750% | $12,384 | — |
| Idaho | 28 | 6.625% | $7,068 | — |
| Wisconsin | 28 | 6.750% | $6,562 | — |
| Indiana | 27 | 6.500% | $6,095 | — |
| New York | 24 | 6.500% | $15,239 | — |
| Delaware | 19 | 6.625% | $10,031 | — |
| Hawaii | 18 | 6.812% | $8,527 | — |
| Michigan | 15 | 6.750% | $8,170 | — |
| Nebraska | 9 | 6.750% | $3,392 | — |
| Alabama | 8 | 6.438% | $6,152 | — |
| Kentucky | 8 | 6.750% | $5,588 | — |
| Oklahoma | 8 | 6.562% | $7,109 | — |
| Ohio | 6 | 6.438% | $7,827 | — |
| Arkansas | 4 | 6.438% | $8,062 | — |
| District of Columbia | 4 | 6.750% | $8,062 | — |
| Connecticut | 3 | 6.875% | $5,541 | — |
| Montana | 3 | 6.625% | $5,682 | — |
| West Virginia | 3 | 6.625% | $10,367 | — |
| Maine | 1 | 5.990% | $7,554 | — |
| North Dakota | 1 | 6.875% | $6,805 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $6,560 | 6.625% | — | 226 | −$2,795 | |
| 2 | $6,940 | 6.625% | — | 44 | −$2,415 | |
| 3 | $7,322 | 6.750% | — | 107 | −$2,033 | |
| 4 | $7,554 | 6.312% | — | 46 | −$1,801 | |
| 5 | $8,244 | 6.500% | — | 79 | −$1,111 | |
| 6 | $8,631 | 6.500% | — | 65 | −$724 | |
| 7 | $8,846 | 6.500% | — | 50 | −$509 | |
| 8 | $10,157 | 6.750% | — | 55 | +$802 | |
| 9 | $10,568 | 6.500% | — | 101 | +$1,213 | |
| 10 | $10,821 | 6.500% | — | 63 | +$1,466 | |
| 11 | $11,743 | 6.625% | — | 67 | +$2,388 | |
| 12 | $12,277 | 6.625% | — | 52 | +$2,922 | |
| 13 | $13,066 | 6.500% | — | 83 | +$3,711 | |
| 14 | $13,072 | 6.500% | — | 113 | +$3,717 | |
| 15 | $13,570 | 6.375% | — | 180 | +$4,215 | |
| 16 | $14,038 | 6.500% | — | 156 | +$4,683 | |
| 17 | $14,670 | 6.500% | — | 200 | +$5,315 | |
| 18 | $14,934 | 6.500% | — | 42 | +$5,579 | |
| 19 | $16,105 | 6.500% | — | 74 | +$6,750 | |
| 20 | $16,127 | 6.500% | — | 92 | +$6,772 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Sierra Pacific Mortgage Company, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $375,000 | $335,000 | +$40,000 (+11.9%) |
| Median total closing costs | $9,355 | $7,127 | +$2,228 (+31.3%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, 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.