Sierra Pacific Mortgage Company in Minnesota vs the state
8.3%Denial rate-5.27 pts vs state
10.0%Decision denial rate-6.35 pts vs state
72.5%Origination rate+6.13 pts vs state
6.63%Median rate0.00 pts vs state
0.23Rate spread (pts)-0.03 pts vs state
$104kMedian applicant income
87Loans originated
10Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 82 | 59 | 15.9% | 6.63% | #209 |
| 2024 | 140 | 110 | 7.9% | 6.50% | #159 |
| 2025 | 120 | 87 | 8.3% | 6.63% | #183 |
What Sierra Pacific Mortgage Company lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Sierra Pacific Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 33 | 25 | 3 | 9.1% |
| Ramsey County | 19 | 13 | 0 | 0.0% |
| Dakota County | 15 | 11 | 1 | 6.7% |
| Anoka County | 9 | 7 | 1 | 11.1% |
| Washington County | 8 | 6 | 1 | 12.5% |
| Carver County | 5 | 4 | 0 | 0.0% |
| Sherburne County | 4 | 4 | 0 | 0.0% |
| Scott County | 3 | 3 | 0 | 0.0% |
| Crow Wing County | 3 | 2 | 0 | 0.0% |
| Wright County | 3 | 2 | 1 | 33.3% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 120 applications in 2025, of which 87 were originated and 10 denied.
8.3% of all applications, or 10.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Sierra Pacific Mortgage Company originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Sierra Pacific Mortgage Company's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology