Sierra Pacific Mortgage Company in Iowa vs the state
19.4%Denial rate+6.58 pts vs state
20.0%Decision denial rate+4.69 pts vs state
77.8%Origination rate+9.32 pts vs state
6.75%Median rate+0.25 pts vs state
0.59Rate spread (pts)+0.40 pts vs state
$66kMedian applicant income
56Loans originated
14Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11 | 8 | 18.2% | 7.13% | #336 |
| 2024 | 79 | 60 | 16.5% | 6.93% | #167 |
| 2025 | 72 | 56 | 19.4% | 6.75% | #181 |
What Sierra Pacific Mortgage Company lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Sierra Pacific Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 12 | 12 | 0 | 0.0% |
| Appanoose County | 12 | 8 | 4 | 33.3% |
| Mahaska County | 10 | 9 | 1 | 10.0% |
| Marion County | 10 | 7 | 2 | 20.0% |
| Wayne County | 7 | 4 | 3 | 42.9% |
| Dallas County | 3 | 2 | 0 | 0.0% |
| Jasper County | 2 | 2 | 0 | 0.0% |
| Pottawattamie County | 2 | 1 | 1 | 50.0% |
| Clarke County | 2 | 2 | 0 | 0.0% |
| Wapello County | 2 | 1 | 1 | 50.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 72 applications in 2025, of which 56 were originated and 14 denied.
19.4% of all applications, or 20.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Sierra Pacific Mortgage Company originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are Sierra Pacific Mortgage Company's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology