Sierra Pacific Mortgage Company Rates, Fees & Info

Los Angeles, CA

LEI: 254900TTZ395IC926125

Tax ID: 68-0101170

2020 Data | 2019 Data | 2018 Data


Overview

Sierra Pacific Mortgage Company is a large mortgage company specializing in Refi and Home Purchase loans. Sierra Pacific Mortgage Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Sacramento, Portland, Los Angeles, Bakersfield, and Anaheim among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Sierra Pacific Mortgage Company is typically an average fee lendor.


Originations

28,594

Origination Dollar Volume (All Markets)

$8,797,670,000

Relative Rate

Sierra Pacific Mortgage Company 's average 30 year fixed rate mortgage was 3.29%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.07%.

Relative Fees

Sierra Pacific Mortgage Company 's average total fees for a 30 year fixed rate mortgage are $5,432.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 23,917 $7,553,805,000 $315,834 $4,456 3.18%
FHA 3,030 $794,270,000 $262,135 $9,387 3.37%
VA 1,027 $330,645,000 $321,952 $6,849 3.21%
USDA 620 $118,950,000 $191,855 $6,004 3.30%

For the 2020 period, Sierra Pacific Mortgage Company 's most frequently originated loan type was Conventional, with 23,917 originations. Their 2nd most popular type is FHA, with 3,030 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 14,808 $4,711,160,000 $318,150 $4,000 3.06%
Home Purchase 10,063 $2,973,345,000 $295,473 $6,670 3.34%
Cash Out Refi 3,014 $907,540,000 $301,108 $5,279 3.42%
Home Improvement 709 $205,625,000 $290,021 $4,935 3.32%

For the 2020, Sierra Pacific Mortgage Company 's most frequently cited loan purpose was Refi, with 14,808 originations. The 2nd most popular reason was Home Purchase, with 10,063 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 22,810 $7,179,150,000 $314,737 $5,431 3.28%
15 Year 2,962 $795,840,000 $268,683 $3,751 2.82%
20 Year 2,111 $627,845,000 $297,416 $3,755 2.97%
Other 401 $122,195,000 $304,726 $4,483 3.14%
10 Year 310 $72,640,000 $234,323 $3,391 2.63%

For the 2020, Sierra Pacific Mortgage Company 's most frequently cited loan length was 30 Year, with 22,810 originations. The 2nd most popular length was 15 Year, with 2,962 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 10,757 $3,170,285,000 $294,718
$<1k 5,385 $1,784,095,000 $331,308
$3k-4k 4,646 $1,360,470,000 $292,826
$2k-3k 4,331 $1,143,415,000 $264,007
$5k+ 3,462 $1,335,980,000 $385,898

$5,432 was Sierra Pacific Mortgage Company 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 10,757 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
SACRAMENTO-ROSEVILLE-FOLSOM, CA 2,178 $716,230,000 $328,848 $4,361 3.15%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1,874 $630,780,000 $336,596 $5,584 3.16%
LOS ANGELES-LONG BEACH-GLENDALE, CA 1,481 $615,895,000 $415,864 $4,610 3.16%
Outside of Metro Areas 1,775 $426,695,000 $240,392 $4,955 3.29%
BAKERSFIELD, CA 1,332 $336,800,000 $252,853 $6,069 3.22%
ANAHEIM-SANTA ANA-IRVINE, CA 762 $325,690,000 $427,415 $3,974 3.17%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 802 $310,850,000 $387,594 $4,126 3.11%
BALTIMORE-COLUMBIA-TOWSON, MD 962 $294,770,000 $306,414 $6,155 3.10%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 633 $279,385,000 $441,367 $4,130 3.03%
OAKLAND-BERKELEY-LIVERMORE, CA 628 $270,790,000 $431,194 $3,542 3.04%
SANTA ROSA-PETALUMA, CA 616 $239,930,000 $389,497 $4,277 3.18%
FRESNO, CA 837 $231,365,000 $276,422 $5,513 3.17%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 636 $194,900,000 $306,447 $4,874 3.32%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 462 $182,850,000 $395,779 $10,466 3.31%
OXNARD-THOUSAND OAKS-VENTURA, CA 447 $180,655,000 $404,150 $4,073 3.14%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 560 $175,260,000 $312,964 $5,933 3.14%
LAS VEGAS-HENDERSON-PARADISE, NV 568 $148,740,000 $261,866 $5,204 3.32%
WICHITA, KS 775 $130,225,000 $168,032 $4,269 3.32%
PHOENIX-MESA-CHANDLER, AZ 508 $127,420,000 $250,827 $3,514 3.26%
DENVER-AURORA-LAKEWOOD, CO 367 $123,245,000 $335,817 $4,138 3.16%
SANTA MARIA-SANTA BARBARA, CA 310 $120,790,000 $389,645 $3,885 3.03%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 343 $114,705,000 $334,417 $5,266 3.07%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 217 $99,955,000 $460,622 $3,340 3.03%
MADERA, CA 348 $93,540,000 $268,793 $4,977 3.23%
SPOKANE-SPOKANE VALLEY, WA 302 $82,180,000 $272,119 $4,496 3.23%
RICHMOND, VA 293 $74,145,000 $253,055 $5,225 3.28%
BOSTON, MA 204 $72,200,000 $353,922 $5,314 3.05%
HAGERSTOWN-MARTINSBURG, MD-WV 327 $66,795,000 $204,266 $5,887 3.39%
SALINAS, CA 155 $61,205,000 $394,871 $7,392 3.19%
KANSAS CITY, MO-KS 262 $60,250,000 $229,962 $3,207 3.21%
SANTA CRUZ-WATSONVILLE, CA 134 $60,070,000 $448,284 $4,238 3.31%
MEMPHIS, TN-MS-AR 272 $58,540,000 $215,221 $6,168 3.38%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 236 $57,850,000 $245,127 $4,826 3.33%
RENO, NV 174 $55,300,000 $317,816 $4,180 3.24%
KNOXVILLE, TN 246 $54,850,000 $222,967 $6,329 3.32%
NASSAU COUNTY-SUFFOLK COUNTY, NY 139 $52,255,000 $375,935 $9,106 3.24%
STOCKTON, CA 149 $51,115,000 $343,054 $4,478 3.06%
EUGENE-SPRINGFIELD, OR 202 $51,030,000 $252,624 $5,092 3.18%
PROVIDENCE-WARWICK, RI-MA 187 $49,265,000 $263,449 $5,623 3.38%
SAN LUIS OBISPO-PASO ROBLES, CA 131 $47,425,000 $362,023 $4,797 3.18%
SEATTLE-BELLEVUE-KENT, WA 123 $45,475,000 $369,715 $4,756 3.24%
CHICAGO-NAPERVILLE-EVANSTON, IL 207 $44,805,000 $216,449 $3,521 3.24%
WORCESTER, MA-CT 155 $41,825,000 $269,839 $5,681 3.38%
LANCASTER, PA 214 $41,510,000 $193,972 $5,403 3.07%
NEWARK, NJ-PA 127 $41,495,000 $326,732 $9,174 3.34%
SALEM, OR 148 $39,440,000 $266,486 $6,589 3.11%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 109 $39,365,000 $361,147 $7,043 3.11%
DALLAS-PLANO-IRVING, TX 137 $38,215,000 $278,942 $5,851 3.11%
VALLEJO, CA 97 $33,805,000 $348,505 $4,446 3.23%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 122 $33,360,000 $273,443 $4,798 3.22%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 143 $32,575,000 $227,797 $6,149 3.34%
SAN RAFAEL, CA 63 $30,005,000 $476,270 $4,160 3.12%
BEND, OR 90 $29,940,000 $332,667 $5,220 3.21%
BARNSTABLE TOWN, MA 95 $29,825,000 $313,947 $5,413 3.18%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 78 $28,660,000 $367,436 $10,778 3.36%
ALBANY-LEBANON, OR 107 $28,655,000 $267,804 $7,350 3.15%
CAPE CORAL-FORT MYERS, FL 132 $28,440,000 $215,455 $7,179 3.67%
REDDING, CA 100 $25,890,000 $258,900 $4,407 3.28%
GREENVILLE-ANDERSON, SC 144 $25,720,000 $178,611 $3,945 3.44%
NAPLES-MARCO ISLAND, FL 87 $24,185,000 $277,989 $8,052 3.63%
MODESTO, CA 81 $21,735,000 $268,333 $4,813 3.11%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 92 $20,930,000 $227,500 $5,007 3.37%
HANFORD-CORCORAN, CA 93 $20,345,000 $218,763 $5,215 3.00%
VISALIA, CA 79 $19,825,000 $250,949 $4,688 3.20%
INDIANAPOLIS-CARMEL-ANDERSON, IN 91 $19,535,000 $214,670 $4,589 3.28%
YORK-HANOVER, PA 97 $17,595,000 $181,392 $5,813 3.11%
CHARLESTON-NORTH CHARLESTON, SC 61 $17,435,000 $285,820 $5,963 3.13%
PRESCOTT VALLEY-PRESCOTT, AZ 66 $17,430,000 $264,091 $3,549 3.32%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 53 $17,295,000 $326,321 $5,924 3.41%
LONGVIEW, WA 69 $17,115,000 $248,043 $4,276 3.44%
MANCHESTER-NASHUA, NH 63 $16,705,000 $265,159 $5,289 3.20%
NEW BRUNSWICK-LAKEWOOD, NJ 48 $15,740,000 $327,917 $8,142 3.11%
COEUR D'ALENE, ID 52 $15,280,000 $293,846 $4,811 3.24%
CARSON CITY, NV 53 $15,045,000 $283,868 $3,956 3.32%
TACOMA-LAKEWOOD, WA 50 $14,690,000 $293,800 $5,464 3.53%
MEDFORD, OR 53 $14,625,000 $275,943 $5,724 3.24%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 46 $14,270,000 $310,217 $4,665 2.97%
JONESBORO, AR 75 $14,235,000 $189,800 $5,058 3.31%
YUBA CITY, CA 49 $13,585,000 $277,245 $5,630 3.25%
OWENSBORO, KY 92 $13,400,000 $145,652 $5,228 3.45%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 52 $13,290,000 $255,577 $6,179 3.01%
NAPA, CA 29 $11,805,000 $407,069 $4,609 3.00%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 59 $11,065,000 $187,542 $4,548 3.21%
SAN ANTONIO-NEW BRAUNFELS, TX 41 $11,025,000 $268,902 $7,157 3.26%
TALLAHASSEE, FL 55 $10,745,000 $195,364 $4,865 3.52%
WILMINGTON, NC 42 $10,490,000 $249,762 $4,816 3.57%
CORVALLIS, OR 28 $9,630,000 $343,929 $7,588 3.06%
SALISBURY, MD-DE 36 $9,360,000 $260,000 $5,150 3.17%
MORGANTOWN, WV 44 $9,020,000 $205,000 $6,450 3.48%
BOISE CITY, ID 27 $8,995,000 $333,148 $5,330 3.35%
COLORADO SPRINGS, CO 32 $8,990,000 $280,938 $4,732 3.12%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 41 $8,845,000 $215,732 $5,518 3.26%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 47 $8,665,000 $184,362 $5,576 3.15%
MERCED, CA 35 $8,555,000 $244,429 $5,398 3.07%
PROVO-OREM, UT 35 $8,485,000 $242,429 $3,783 2.92%
CHICO, CA 30 $8,050,000 $268,333 $4,340 3.09%
GREELEY, CO 25 $7,755,000 $310,200 $5,098 3.17%
RALEIGH-CARY, NC 28 $7,320,000 $261,429 $4,335 3.20%
GREENSBORO-HIGH POINT, NC 30 $7,140,000 $238,000 $4,466 3.40%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 26 $7,090,000 $272,692 $7,159 3.15%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 23 $6,905,000 $300,217 $5,650 3.48%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 30 $6,270,000 $209,000 $5,879 3.07%
OKLAHOMA CITY, OK 32 $6,070,000 $189,688 $5,155 3.02%
NORTH PORT-SARASOTA-BRADENTON, FL 26 $6,020,000 $231,538 $4,216 3.20%
PHILADELPHIA, PA 25 $5,875,000 $235,000 $5,857 3.21%
WINCHESTER, VA-WV 22 $5,870,000 $266,818 $4,559 3.41%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 24 $5,820,000 $242,500 $3,919 3.02%
APPLETON, WI 24 $5,620,000 $234,167 $5,418 3.33%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 31 $5,515,000 $177,903 $4,954 3.46%
NEW HAVEN-MILFORD, CT 20 $5,190,000 $259,500 $6,191 3.07%
HARRISBURG-CARLISLE, PA 25 $5,125,000 $205,000 $6,453 3.15%
FORT COLLINS, CO 19 $5,105,000 $268,684 $4,185 2.97%
WARREN-TROY-FARMINGTON HILLS, MI 23 $5,045,000 $219,348 $5,411 2.99%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 17 $5,005,000 $294,412 $5,770 3.27%
BOULDER, CO 14 $4,780,000 $341,429 $4,062 3.23%
JOHNSON CITY, TN 26 $4,630,000 $178,077 $5,460 3.17%
LEXINGTON-FAYETTE, KY 20 $4,610,000 $230,500 $6,025 3.35%
ORLANDO-KISSIMMEE-SANFORD, FL 19 $4,565,000 $240,263 $4,730 3.34%
JACKSONVILLE, FL 17 $4,405,000 $259,118 $5,120 3.36%
EL CENTRO, CA 21 $4,325,000 $205,952 $5,186 3.11%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 14 $4,300,000 $307,143 $5,484 3.13%
OLYMPIA-LACEY-TUMWATER, WA 16 $4,270,000 $266,875 $5,046 3.15%
WILMINGTON, DE-MD-NJ 16 $4,150,000 $259,375 $6,066 3.07%
MILWAUKEE-WAUKESHA, WI 19 $4,055,000 $213,421 $4,370 3.54%
KENNEWICK-RICHLAND, WA 16 $4,040,000 $252,500 $4,705 3.33%
LAKE HAVASU CITY-KINGMAN, AZ 16 $4,000,000 $250,000 $3,448 3.38%
COLUMBUS, OH 20 $3,970,000 $198,500 $3,759 3.13%
ROCHESTER, MN 16 $3,400,000 $212,500 $4,954 3.41%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 17 $3,225,000 $189,706 $4,940 2.90%
CHARLOTTESVILLE, VA 11 $3,205,000 $291,364 $4,689 3.33%
KINGSPORT-BRISTOL, TN-VA 16 $3,200,000 $200,000 $6,645 3.34%
PITTSBURGH, PA 15 $3,185,000 $212,333 $4,573 3.42%
PORTLAND-SOUTH PORTLAND, ME 12 $3,140,000 $261,667 $3,718 3.28%
MIAMI-MIAMI BEACH-KENDALL, FL 10 $3,120,000 $312,000 $7,892 3.69%
FLAGSTAFF, AZ 11 $3,005,000 $273,182 $3,357 3.27%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 11 $3,005,000 $273,182 $3,619 3.15%
LEBANON, PA 16 $2,600,000 $162,500 $6,143 2.93%
OGDEN-CLEARFIELD, UT 7 $2,545,000 $363,571 $4,914 3.16%
READING, PA 15 $2,535,000 $169,000 $5,882 2.99%
DURHAM-CHAPEL HILL, NC 10 $2,490,000 $249,000 $3,475 3.45%
BRIDGEPORT-STAMFORD-NORWALK, CT 6 $2,400,000 $400,000 $7,881 3.02%
CHAMBERSBURG-WAYNESBORO, PA 11 $2,345,000 $213,182 $6,034 3.43%
IDAHO FALLS, ID 8 $2,320,000 $290,000 $5,540 3.97%
TUCSON, AZ 11 $2,235,000 $203,182 $3,914 3.47%
WENATCHEE, WA 7 $2,235,000 $319,286 $7,867 3.27%
CALIFORNIA-LEXINGTON PARK, MD 8 $2,180,000 $272,500 $6,056 2.81%
WINSTON-SALEM, NC 7 $2,105,000 $300,714 $5,769 3.27%
CAMDEN, NJ 7 $2,055,000 $293,571 $6,188 3.48%
JACKSONVILLE, NC 11 $2,015,000 $183,182 $5,249 3.43%
CLEVELAND-ELYRIA, OH 10 $2,010,000 $201,000 $3,205 3.20%
GRAND JUNCTION, CO 8 $1,950,000 $243,750 $5,767 3.19%
SALT LAKE CITY, UT 6 $1,910,000 $318,333 $3,397 3.04%
ASHEVILLE, NC 7 $1,795,000 $256,429 $3,819 3.41%
OSHKOSH-NEENAH, WI 7 $1,735,000 $247,857 $4,605 3.27%
LAKELAND-WINTER HAVEN, FL 11 $1,665,000 $151,364 $4,242 3.56%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 7 $1,655,000 $236,429 $6,533 3.55%
MORRISTOWN, TN 11 $1,645,000 $149,545 $5,591 3.33%
LAKE CHARLES, LA 9 $1,625,000 $180,556 $6,345 3.35%
HILTON HEAD ISLAND-BLUFFTON, SC 6 $1,490,000 $248,333 $4,131 3.13%
YAKIMA, WA 6 $1,480,000 $246,667 $5,317 3.06%
GETTYSBURG, PA 8 $1,460,000 $182,500 $5,927 3.20%
PORT ST. LUCIE, FL 6 $1,430,000 $238,333 $4,107 2.67%
FLINT, MI 12 $1,420,000 $118,333 $5,004 2.96%
ALBANY-SCHENECTADY-TROY, NY 4 $1,330,000 $332,500 $8,934 3.09%
GARY, IN 7 $1,305,000 $186,429 $4,564 3.21%
ELGIN, IL 7 $1,305,000 $186,429 $4,933 3.16%
RACINE, WI 5 $1,305,000 $261,000 $4,406 3.35%
WALLA WALLA, WA 4 $1,290,000 $322,500 $4,041 3.44%
EVANSVILLE, IN-KY 8 $1,270,000 $158,750 $5,948 3.67%
AKRON, OH 8 $1,240,000 $155,000 $4,079 3.50%
DETROIT-DEARBORN-LIVONIA, MI 7 $1,215,000 $173,571 $4,237 3.09%
BELLINGHAM, WA 4 $1,170,000 $292,500 $6,516 2.75%
SPRINGFIELD, MA 6 $1,160,000 $193,333 $4,620 3.77%
OCEAN CITY, NJ 5 $1,155,000 $231,000 $4,511 3.28%
MACON-BIBB COUNTY, GA 5 $1,115,000 $223,000 $6,125 3.70%
LYNCHBURG, VA 3 $1,005,000 $335,000 $5,995 3.13%
GREEN BAY, WI 4 $970,000 $242,500 $3,544 3.44%
GRANTS PASS, OR 3 $905,000 $301,667 $6,962 2.92%
SPARTANBURG, SC 5 $875,000 $175,000 $3,038 3.15%
CINCINNATI, OH-KY-IN 3 $855,000 $285,000 $5,494 3.13%
MOUNT VERNON-ANACORTES, WA 3 $855,000 $285,000 $5,139 2.75%
LANSING-EAST LANSING, MI 4 $840,000 $210,000 $6,965 2.94%
CHATTANOOGA, TN-GA 2 $840,000 $420,000 $4,781 2.75%
SCRANTON--WILKES-BARRE, PA 6 $820,000 $136,667 $4,350 3.60%
TULSA, OK 4 $800,000 $200,000 $6,262 2.59%
DULUTH, MN-WI 4 $800,000 $200,000 $4,797 3.41%
PUNTA GORDA, FL 3 $765,000 $255,000 $5,624 3.42%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 2 $760,000 $380,000 $6,198 2.81%
ST. GEORGE, UT 3 $735,000 $245,000 $3,389 3.17%
HICKORY-LENOIR-MORGANTON, NC 4 $730,000 $182,500 $3,294 3.47%
COLUMBIA, SC 4 $720,000 $180,000 $3,407 3.53%
ST. LOUIS, MO-IL 4 $720,000 $180,000 $2,232 3.38%
ST. CLOUD, MN 3 $715,000 $238,333 $5,359 3.54%
MONTGOMERY, AL 2 $700,000 $350,000 $2,401 3.63%
HOT SPRINGS, AR 5 $695,000 $139,000 $3,874 3.20%
PENSACOLA-FERRY PASS-BRENT, FL 4 $670,000 $167,500 $5,168 3.50%
CUMBERLAND, MD-WV 4 $650,000 $162,500 $5,314 3.41%
COLLEGE STATION-BRYAN, TX 2 $640,000 $320,000 $7,625 3.00%
PANAMA CITY, FL 3 $615,000 $205,000 $7,363 3.29%
EAST STROUDSBURG, PA 5 $605,000 $121,000 $4,253 3.55%
MADISON, WI 3 $605,000 $201,667 $5,835 3.21%
PALM BAY-MELBOURNE-TITUSVILLE, FL 3 $585,000 $195,000 $3,394 4.04%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 2 $570,000 $285,000 $4,864 3.63%
PINE BLUFF, AR 4 $560,000 $140,000 $5,724 3.44%
HUNTINGTON-ASHLAND, WV-KY-OH 3 $545,000 $181,667 $6,707 3.42%
ROANOKE, VA 3 $535,000 $178,333 $5,746 3.29%
TYLER, TX 1 $515,000 $515,000 $2,789 3.25%
JACKSON, TN 3 $485,000 $161,667 $6,752 3.08%
DAPHNE-FAIRHOPE-FOLEY, AL 1 $485,000 $485,000 $3,881 4.00%
CLARKSVILLE, TN-KY 2 $480,000 $240,000 $4,068 3.06%
WAUSAU-WESTON, WI 2 $470,000 $235,000 $6,916 3.13%
BURLINGTON, NC 2 $470,000 $235,000 $3,569 3.00%
HARRISONBURG, VA 2 $460,000 $230,000 $4,423 3.00%
AUGUSTA-RICHMOND COUNTY, GA-SC 1 $455,000 $455,000 $3,428 3.38%
SAVANNAH, GA 1 $455,000 $455,000 $4,260 3.38%
GRAND RAPIDS-KENTWOOD, MI 3 $445,000 $148,333 $2,049 3.08%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 2 $440,000 $220,000 $4,109 3.44%
SHERMAN-DENISON, TX 2 $430,000 $215,000 $6,920 2.94%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 2 $430,000 $215,000 $3,928 3.38%
PUEBLO, CO 2 $430,000 $215,000 $4,985 3.31%
ABILENE, TX 2 $430,000 $215,000 $7,625 3.06%
BIRMINGHAM-HOOVER, AL 4 $410,000 $102,500 $3,232 3.47%
ST. JOSEPH, MO-KS 2 $410,000 $205,000 $3,848 3.31%
LOGAN, UT-ID 2 $400,000 $200,000 $4,027 3.69%
ATLANTIC CITY-HAMMONTON, NJ 2 $400,000 $200,000 $4,010 3.13%
ANN ARBOR, MI 1 $395,000 $395,000 $4,976 4.13%
BRUNSWICK, GA 1 $355,000 $355,000 $7,540 3.13%
CHARLESTON, WV 1 $355,000 $355,000 $6,976 3.25%
LONGVIEW, TX 2 $350,000 $175,000 $5,052 2.94%
GAINESVILLE, GA 1 $335,000 $335,000 $15,698 3.25%
BECKLEY, WV 1 $305,000 $305,000 $7,973 2.88%
TRENTON-PRINCETON, NJ 2 $300,000 $150,000 $5,050 3.63%
SHEBOYGAN, WI 2 $280,000 $140,000 $4,965 3.81%
MUSKEGON, MI 2 $270,000 $135,000 $6,184 2.75%
WACO, TX 3 $265,000 $88,333 $3,053 3.25%
BISMARCK, ND 1 $265,000 $265,000 $4,254 3.25%
FORT WAYNE, IN 1 $265,000 $265,000 $3,139 2.88%
ROCKY MOUNT, NC 1 $255,000 $255,000 $12,502 3.25%
SIERRA VISTA-DOUGLAS, AZ 1 $245,000 $245,000 $3,308 3.25%
ELKHART-GOSHEN, IN 2 $240,000 $120,000 $1,742 3.25%
BUFFALO-CHEEKTOWAGA, NY 1 $235,000 $235,000 $6,010 3.13%
DOVER, DE 1 $235,000 $235,000 $5,738 2.75%
NORWICH-NEW LONDON, CT 1 $235,000 $235,000 $1,631 3.38%
HAMMOND, LA 1 $215,000 $215,000 $1,909 3.13%
SAGINAW, MI 1 $205,000 $205,000 $8,183 3.50%
AUBURN-OPELIKA, AL 1 $205,000 $205,000 $2,567 2.75%
NEW BERN, NC 1 $195,000 $195,000 $6,379 3.50%
NILES, MI 1 $195,000 $195,000 $4,774 3.50%
WARNER ROBINS, GA 1 $195,000 $195,000 $9,884 2.75%
HOMOSASSA SPRINGS, FL 2 $190,000 $95,000 $2,439 2.63%
LAWRENCE, KS 1 $185,000 $185,000 $2,401 3.13%
CLEVELAND, TN 1 $185,000 $185,000 $6,463 3.25%
EAU CLAIRE, WI 1 $185,000 $185,000 $5,455 3.25%
BOWLING GREEN, KY 1 $175,000 $175,000 $7,063 3.50%
BANGOR, ME 1 $175,000 $175,000 $2,635 3.25%
NEW ORLEANS-METAIRIE, LA 1 $175,000 $175,000 $3,830 2.88%
STAUNTON, VA 1 $175,000 $175,000 $2,394 3.63%
HUNTSVILLE, AL 1 $175,000 $175,000 $2,237 2.75%
PARKERSBURG-VIENNA, WV 1 $155,000 $155,000 $4,789 3.75%
POCATELLO, ID 1 $155,000 $155,000 $2,438 5.25%
FLORENCE, SC 1 $145,000 $145,000 $6,160 2.88%
ELIZABETHTOWN-FORT KNOX, KY 1 $145,000 $145,000 $6,223 3.38%
VINELAND-BRIDGETON, NJ 1 $135,000 $135,000 $2,491 2.88%
ATHENS-CLARKE COUNTY, GA 1 $125,000 $125,000 $4,321 3.25%
KILLEEN-TEMPLE, TX 1 $115,000 $115,000 $2,995 2.75%
FARGO, ND-MN 1 $95,000 $95,000 $3,897 2.50%
FLORENCE-MUSCLE SHOALS, AL 1 $95,000 $95,000 $3,342 3.75%
SPRINGFIELD, MO 1 $95,000 $95,000 $3,913 3.63%
LAFAYETTE, LA 1 $95,000 $95,000 $3,473 3.63%
DAYTON-KETTERING, OH 1 $85,000 $85,000 $3,021 2.38%
MCALLEN-EDINBURG-MISSION, TX 1 $85,000 $85,000 $3,846 3.38%
TEXARKANA, TX-AR 1 $65,000 $65,000 $3,327 2.88%
MUNCIE, IN 1 $45,000 $45,000 $3,146 5.25%

Sierra Pacific Mortgage Company 's top markets include Sacramento, Portland, Los Angeles, Bakersfield, and Anaheim among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 14,194 $4,412,770,000 $310,890
2.5-3% 11,601 $3,620,545,000 $312,089
<2.5% 1,515 $431,805,000 $285,020
4-5% 1,103 $290,995,000 $263,821
5-6% 177 $40,685,000 $229,859
6-7% 4 $870,000 $217,500

During 2020, Sierra Pacific Mortgage Company 's average interest rate was 3.29%, while their most frequently originated rate bucket was 3-4%, with 14,194 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 15,062 $4,398,970,000 $292,057 $5,176 3.18%
$400k-600k 5,974 $2,816,450,000 $471,451 $5,555 3.17%
$100k-200k 5,880 $924,240,000 $157,184 $4,232 3.25%
$600k-1MM 838 $575,670,000 $686,957 $8,003 3.33%
$100,000 or less 826 $64,820,000 $78,475 $3,509 3.44%
$1MM+ 14 $17,520,000 $1,251,429 $8,271 3.70%

2020 saw Sierra Pacific Mortgage Company place emphasis on $200k-400k loans with 15,062 originations, totaling $4,398,970,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 7,292 $2,542,850,000 $348,718 $5,222 3.19%
$50k-75k 6,054 $1,432,200,000 $236,571 $5,124 3.23%
$75k-100k 5,582 $1,648,850,000 $295,387 $5,327 3.20%
$150k-250k 4,727 $1,900,905,000 $402,138 $4,964 3.16%
$50k or less 3,174 $517,350,000 $162,996 $4,600 3.29%
$250k+ 1,459 $653,865,000 $448,160 $4,986 3.17%

Sierra Pacific Mortgage Company lent most frequently to those with incomes in the $100k-150k range, with 7,292 originations. The second most popular income band? $50k-75k, with 6,054 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 6,489 $1,941,745,000 $299,236 $4,414 3.13%
30-36% 5,145 $1,584,285,000 $307,927 $4,796 3.20%
<20% 2,200 $621,860,000 $282,664 $4,002 3.07%
44% 1,166 $368,630,000 $316,149 $5,832 3.29%
42% 1,113 $352,255,000 $316,491 $5,718 3.28%
43% 1,108 $344,200,000 $310,650 $5,604 3.29%
39% 1,052 $328,830,000 $312,576 $5,220 3.26%
41% 1,024 $320,000,000 $312,500 $5,379 3.31%
40% 996 $303,590,000 $304,809 $5,295 3.29%
49% 964 $304,410,000 $315,778 $6,049 3.25%
37% 954 $303,340,000 $317,966 $5,145 3.23%
38% 951 $290,905,000 $305,894 $4,935 3.25%
45% 937 $300,445,000 $320,646 $5,405 3.27%
36% 929 $292,475,000 $314,828 $5,165 3.23%
46% 841 $270,995,000 $322,229 $5,648 3.23%
50-60% 828 $250,570,000 $302,621 $8,362 3.30%
48% 794 $261,250,000 $329,030 $5,872 3.25%
47% 778 $251,280,000 $322,982 $6,011 3.20%
>60% 5 $1,265,000 $253,000 $5,068 3.33%

Sierra Pacific Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 6,489 originations. The next most common DTI ratio? 30-36%, with 5,145 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 20,930 $6,344,790,000 $303,143 $5,163 3.22%
Not provided 4,442 $1,363,100,000 $306,866 $4,861 3.18%
Asian 2,124 $763,970,000 $359,685 $4,054 3.06%
Black 817 $237,235,000 $290,373 $7,035 3.33%
American Indian 135 $39,545,000 $292,926 $6,592 3.29%
Native Hawaiian 86 $29,050,000 $337,791 $6,727 3.21%
Asian Indian 23 $9,075,000 $394,565 $4,145 2.83%
Filipino 10 $3,110,000 $311,000 $6,203 3.39%
Other Asian 10 $2,250,000 $225,000 $4,856 3.40%
Other Pacific Islander 5 $1,675,000 $335,000 $5,749 2.97%
Chinese 4 $1,330,000 $332,500 $3,131 2.97%
Vietnamese 3 $1,025,000 $341,667 $3,293 3.33%
Korean 2 $730,000 $365,000 $5,891 3.19%
Japanese 2 $550,000 $275,000 $4,204 3.06%
Native Hawiian 1 $235,000 $235,000 $3,694 3.00%

Approval Rates

Total approvals of all applications
87.15%

Sierra Pacific Mortgage Company has an average approval rate.

Pick Rate

Approvals leading to origination
89.95%

Sierra Pacific Mortgage Company has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 28,594 $8,797,670,000 $307,675

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Site-Built 28,594 $8,797,670,000 $307,675

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 2,225 $572,825,000 $257,449 $3,431 2.97%
40-60% 6,337 $1,996,255,000 $315,016 $3,787 3.04%
60-80% 10,070 $3,302,010,000 $327,906 $4,811 3.25%
80-100% 9,356 $2,750,930,000 $294,028 $6,613 3.32%
Over 100% 155 $50,195,000 $323,839 $11,722 3.30%
Under 20% 222 $50,900,000 $229,279 $3,258 2.99%