Sierra Pacific Mortgage Company · Virginia · 2025

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

Sierra Pacific Mortgage Company took 283 mortgage applications in Virginia in 2025, ranking #171 of 1,013 lenders active in the state. It originated 66.8% of them and denied 10.6% (13.6% of the applications it decided), against a statewide denial rate of 15.9%.

283Applicationsin VA
13.6%Decision denial ratestate 20.3%
6.63%Median ratestate 6.63%
$385,000Median loanstate $255,000
$75MVolume48 counties

Sierra Pacific Mortgage Company in Virginia vs the state

10.6%Denial rate-5.34 pts vs state
13.6%Decision denial rate-6.68 pts vs state
66.8%Origination rate+7.26 pts vs state
6.63%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.06 pts vs state
$114kMedian applicant income
189Loans originated
30Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329321016.4%6.63%#148
202424617811.0%6.63%#182
202528318910.6%6.63%#171

What Sierra Pacific Mortgage Company lends in Virginia

By loan purpose

Home purchase 226 80% · 9.3% denied
Refinance 15 5% · 13.3% denied
Cash-out refinance 32 11% · 15.6% denied
Home improvement 7 2% · 14.3% denied
Other / HELOC 3 1% · 33.3% denied

By loan type

Conventional 216 76% · 10.2% denied
FHA 45 16% · 13.3% denied
VA 20 7% · 5.0% denied
USDA / RHS 2 1% · 50.0% denied

Why it denied Virginia applicants

Employment history 7 23%
Debt-to-income ratio 7 23%
Insufficient cash 5 17%
Unverifiable information 4 13%
Incomplete application 3 10%
Credit history 2 7%
Other 1 3%
Collateral 1 3%

Where in Virginia

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

CountyApplicationsOriginatedDeniedDenial rate
Prince William County 40236 15.0%
Fairfax County 33185 15.2%
Virginia Beach city 25173 12.0%
Loudoun County 23142 8.7%
Stafford County 16123 18.8%
Fauquier County 1211 8.3%
Chesapeake city 12100 0.0%
Henrico County 1181 9.1%
Portsmouth city 861 12.5%
Spotsylvania County 752 28.6%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 283 applications in 2025, of which 189 were originated and 30 denied.

10.6% of all applications, or 13.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

The median rate on loans Sierra Pacific Mortgage Company originated in Virginia 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 Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology