Sierra Pacific Mortgage Company · Illinois · 2025

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

Sierra Pacific Mortgage Company took 155 mortgage applications in Illinois in 2025, ranking #290 of 1,150 lenders active in the state. It originated 67.1% of them and denied 9.0% (11.8% of the applications it decided), against a statewide denial rate of 17.1%.

155Applicationsin IL
11.8%Decision denial ratestate 21.7%
6.75%Median ratestate 6.75%
$285,000Median loanstate $185,000
$32MVolume15 counties

Sierra Pacific Mortgage Company in Illinois vs the state

9.0%Denial rate-8.09 pts vs state
11.8%Decision denial rate-9.92 pts vs state
67.1%Origination rate+8.36 pts vs state
6.75%Median rate0.00 pts vs state
0.41Rate spread (pts)+0.03 pts vs state
$114kMedian applicant income
104Loans originated
14Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023976913.4%7.13%#346
20241158119.1%6.75%#316
20251551049.0%6.75%#290

What Sierra Pacific Mortgage Company lends in Illinois

By loan purpose

Home purchase 113 73% · 8.9% denied
Refinance 15 10% · 6.7% denied
Cash-out refinance 24 15% · 12.5% denied
Home improvement 2 1% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 127 82% · 10.2% denied
FHA 25 16% · 0.0% denied
VA 2 1% · 50.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Illinois applicants

Collateral 4 29%
Employment history 3 21%
Debt-to-income ratio 2 14%
Insufficient cash 2 14%
Incomplete application 2 14%
Other 1 7%

Where in Illinois

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

CountyApplicationsOriginatedDeniedDenial rate
Cook County 75466 8.0%
DuPage County 20141 5.0%
Sangamon County 12100 0.0%
Will County 1291 8.3%
Lake County 1173 27.3%
Kane County 660 0.0%
Kendall County 521 20.0%
McHenry County 330 0.0%
Christian County 320 0.0%
St. Clair County 211 50.0%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 155 applications in 2025, of which 104 were originated and 14 denied.

9.0% of all applications, or 11.8% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans Sierra Pacific Mortgage Company originated in Illinois in 2025 was 6.75%, against a statewide median of 6.75%.

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