Sierra Pacific Mortgage Company · Florida · 2025

Sierra Pacific Mortgage Company in Florida: approval rate, denial rate and rates (2025)

Sierra Pacific Mortgage Company took 588 mortgage applications in Florida in 2025, ranking #223 of 1,993 lenders active in the state. It originated 58.0% of them and denied 17.5% (22.2% of the applications it decided), against a statewide denial rate of 21.1%.

588Applicationsin FL
22.2%Decision denial ratestate 27.2%
6.88%Median ratestate 6.63%
$265,000Median loanstate $255,000
$103MVolume43 counties

Sierra Pacific Mortgage Company in Florida vs the state

17.5%Denial rate-3.54 pts vs state
22.2%Decision denial rate-5.09 pts vs state
58.0%Origination rate+5.30 pts vs state
6.88%Median rate+0.25 pts vs state
0.56Rate spread (pts)+0.29 pts vs state
$96kMedian applicant income
341Loans originated
103Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4921,06219.8%6.63%#109
202472646020.0%6.63%#189
202558834117.5%6.88%#223

What Sierra Pacific Mortgage Company lends in Florida

By loan purpose

Home purchase 397 68% · 11.8% denied
Refinance 23 4% · 17.4% denied
Cash-out refinance 46 8% · 21.7% denied
Home improvement 39 7% · 38.5% denied
Other / HELOC 83 14% · 32.5% denied

By loan type

Conventional 429 73% · 17.3% denied
FHA 138 23% · 20.3% denied
VA 18 3% · 0.0% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Florida applicants

Debt-to-income ratio 37 36%
Incomplete application 16 16%
Collateral 13 13%
Insufficient cash 9 9%
Other 9 9%
Unverifiable information 7 7%
Credit history 7 7%
Employment history 5 5%

Where in Florida

Counties with the most Sierra Pacific Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Palm Beach County 804817 21.3%
Broward County 562715 26.8%
Miami-Dade County 552019 34.5%
Orange County 39186 15.4%
Hillsborough County 37226 16.2%
Pinellas County 34217 20.6%
St. Lucie County 26165 19.2%
Volusia County 1894 22.2%
Pasco County 18141 5.6%
Marion County 18140 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 588 applications in 2025, of which 341 were originated and 103 denied.

17.5% of all applications, or 22.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Sierra Pacific Mortgage Company originated in Florida in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Sierra Pacific Mortgage Company's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology