Sierra Pacific Mortgage Company · Washington · 2025

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

Sierra Pacific Mortgage Company took 299 mortgage applications in Washington in 2025, ranking #149 of 822 lenders active in the state. It originated 69.9% of them and denied 6.0% (7.8% of the applications it decided), against a statewide denial rate of 15.7%.

299Applicationsin WA
7.8%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$385,000Median loanstate $335,000
$86MVolume26 counties

Sierra Pacific Mortgage Company in Washington vs the state

6.0%Denial rate-9.63 pts vs state
7.8%Decision denial rate-11.78 pts vs state
69.9%Origination rate+8.84 pts vs state
6.63%Median rate0.00 pts vs state
0.19Rate spread (pts)0.00 pts vs state
$135kMedian applicant income
209Loans originated
18Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232111576.2%6.63%#152
20242511979.2%6.63%#150
20252992096.0%6.63%#149

What Sierra Pacific Mortgage Company lends in Washington

By loan purpose

Home purchase 215 72% · 4.2% denied
Refinance 25 8% · 12.0% denied
Cash-out refinance 45 15% · 4.4% denied
Home improvement 7 2% · 14.3% denied
Other / HELOC 7 2% · 42.9% denied

By loan type

Conventional 222 74% · 6.3% denied
FHA 57 19% · 7.0% denied
VA 16 5% · 0.0% denied
USDA / RHS 4 1% · 0.0% denied

Why it denied Washington applicants

Incomplete application 4 22%
Debt-to-income ratio 3 17%
Employment history 3 17%
Collateral 3 17%
Credit history 2 11%
Insufficient cash 2 11%
Other 1 6%

Where in Washington

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

CountyApplicationsOriginatedDeniedDenial rate
Spokane County 75624 5.3%
Pierce County 45282 4.4%
Clark County 36235 13.9%
King County 26171 3.8%
Snohomish County 24160 0.0%
Benton County 23143 13.0%
Franklin County 961 11.1%
Klickitat County 740 0.0%
Whatcom County 770 0.0%
Yakima County 641 16.7%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
Rocket MortgageC 14,30115.9%6.63%
United Shore Financial ServicesB 13,77010.0%6.13%
Guild MortgageA 8,0563.4%6.63%
CMG MortgageA 7,8173.1%6.63%
Movement MortgageA 7,4723.6%6.63%
Bank of AmericaF 6,98627.0%5.99%
Crosscountry MortgageB 6,9033.1%6.63%
U.S. BankD 6,56827.6%6.63%
NewrezD 5,84912.9%6.63%

Frequently asked questions

Washington: 299 applications in 2025, of which 209 were originated and 18 denied.

6.0% of all applications, or 7.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

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