Sierra Pacific Mortgage Company in Rhode Island vs the state
15.0%Denial rate-3.70 pts vs state
16.7%Decision denial rate-6.50 pts vs state
73.3%Origination rate+13.58 pts vs state
6.75%Median rate0.00 pts vs state
0.63Rate spread (pts)+0.44 pts vs state
$102kMedian applicant income
44Loans originated
9Denied
Trend in Rhode Island
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 48 | 33 | 16.7% | 6.75% | #90 |
| 2024 | 69 | 48 | 15.9% | 6.81% | #75 |
| 2025 | 60 | 44 | 15.0% | 6.75% | #87 |
What Sierra Pacific Mortgage Company lends in Rhode Island
By loan purpose
By loan type
Why it denied Rhode Island applicants
Where in Rhode Island
Counties with the most Sierra Pacific Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Providence County | 39 | 28 | 7 | 17.9% |
| Kent County | 13 | 11 | 2 | 15.4% |
| Washington County | 6 | 4 | 0 | 0.0% |
| Bristol County | 2 | 1 | 0 | 0.0% |
Other large lenders in Rhode Island
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 6,329 | 27.8% | 7.40% |
| Navigant Credit Union | B | 2,847 | 16.1% | 6.50% |
| COASTAL1 Credit Union | B | 1,931 | 24.3% | 6.75% |
| The Washington Trust Company, of Westerly | C | 1,755 | 21.9% | 6.38% |
| Rocket Mortgage | C | 1,430 | 19.7% | 6.75% |
| Movement Mortgage | A | 1,308 | 3.6% | 6.63% |
| Bank of America | F | 1,298 | 39.1% | 6.24% |
| Primary Residential Mortgage | C | 1,056 | 8.4% | 6.63% |
| BankNewport | B | 1,014 | 19.7% | 6.63% |
| CMG Mortgage | A | 992 | 7.6% | 6.63% |
Frequently asked questions
Rhode Island: 60 applications in 2025, of which 44 were originated and 9 denied.
15.0% of all applications, or 16.7% of the applications it actually decided on. The Rhode Island statewide average across all lenders was 18.7%.
The median rate on loans Sierra Pacific Mortgage Company originated in Rhode Island 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 Rhode Island, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology