Largest lenders in Sierra County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Nova Financial & Investment | C | 50 | 33 | 24.0% | 6.25% |
| 2 | Rocket Mortgage | C | 32 | 17 | 31.3% | 6.88% |
| 3 | 21st Mortgage | F | 24 | 6 | 37.5% | 9.04% |
| 4 | United Shore Financial Services | B | 19 | 14 | 10.5% | 6.31% |
| 5 | Guild Mortgage | A | 18 | 14 | 0.0% | 6.88% |
| 6 | Bank of the Southwest | – | 16 | 13 | 12.5% | — |
| 7 | Mortgage Research Center | C | 14 | 5 | 7.1% | 6.38% |
| 8 | Citizens Bank of Las Cruces | A | 13 | 10 | 7.7% | 6.88% |
| 9 | Waterstone Mortgage | C | 11 | 9 | 9.1% | 7.44% |
| 10 | First Savings Bank | – | 11 | 7 | 27.3% | — |
| 11 | Loandepot.Com | D | 9 | 2 | 44.4% | 6.06% |
| 12 | The Loan Store | B | 9 | 6 | 11.1% | 7.50% |
| 13 | Primelending, a Plainscapital | A | 8 | 8 | 0.0% | 6.88% |
| 14 | Vanderbilt Mortgage and Finance | F | 8 | 2 | 25.0% | 9.88% |
| 15 | Navy Federal Credit Union | D | 7 | 0 | 57.1% | — |
| 16 | Gateway First Bank | B | 7 | 2 | 14.3% | 7.13% |
| 17 | AmeriSave Mortgage | D | 6 | 2 | 66.7% | 9.81% |
| 18 | Crosscountry Mortgage | B | 6 | 2 | 0.0% | 6.59% |
| 19 | Gecu | D | 6 | 3 | 16.7% | 7.13% |
| 20 | Nationstar Mortgage | C | 5 | 2 | 40.0% | 7.12% |
What Sierra County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Sierra County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 340 | 164 | 21.5% | 7.00% | $135,000 |
| 2024 | 388 | 175 | 20.9% | 6.99% | $135,000 |
| 2025 | 395 | 205 | 21.5% | 6.75% | $145,000 |
Frequently asked questions
21.5% of applications in Sierra County were denied in 2025, against 18.6% statewide in New Mexico.
Nova Financial & Investment, with 50 applications in 2025 and a denial rate of 24.0%.
The median mortgage application in Sierra County in 2025 was for $145,000; the median property value on originated loans was $215,000.