Sierra Pacific Mortgage Company in Michigan vs the state
13.2%Denial rate-5.28 pts vs state
15.8%Decision denial rate-6.79 pts vs state
58.8%Origination rate-1.07 pts vs state
7.06%Median rate+0.31 pts vs state
0.64Rate spread (pts)+0.24 pts vs state
$114kMedian applicant income
40Loans originated
9Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 7 | 41.7% | 7.38% | #480 |
| 2024 | 24 | 17 | 12.5% | 6.63% | #415 |
| 2025 | 68 | 40 | 13.2% | 7.06% | #318 |
What Sierra Pacific Mortgage Company lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Sierra Pacific Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ingham County | 11 | 5 | 2 | 18.2% |
| Wayne County | 9 | 8 | 0 | 0.0% |
| Oakland County | 8 | 4 | 1 | 12.5% |
| Genesee County | 8 | 3 | 3 | 37.5% |
| Macomb County | 4 | 3 | 0 | 0.0% |
| Eaton County | 3 | 0 | 1 | 33.3% |
| Kent County | 2 | 2 | 0 | 0.0% |
| Livingston County | 2 | 2 | 0 | 0.0% |
| Clinton County | 2 | 2 | 0 | 0.0% |
| Monroe County | 2 | 2 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 68 applications in 2025, of which 40 were originated and 9 denied.
13.2% of all applications, or 15.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Sierra Pacific Mortgage Company originated in Michigan in 2025 was 7.06%, against a statewide median of 6.75%.
About this data. Figures are Sierra Pacific Mortgage Company's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology