Lenders › Sierra Pacific Mortgage Co. Inc › Massachusetts
Sierra Pacific Mortgage Co. Inc in Massachusetts
HMDA record for properties in Massachusetts, calendar year 2024. National record · Massachusetts overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Massachusetts, Sierra Pacific Mortgage Co. Inc reported 199 applications and 144 originations for 2024, $64m in all.
Its denial rate in the state was 19.3%, below the Massachusetts rate of 22.3% across all lenders and compared with the lender's national rate of 14.2%.
The median rate spread on its Massachusetts originations was 0.2 percentage points (state median 0.2).
Applications in the state were up 15% on 2023.
Compared with the state and the lender's national record
| Measure | In Massachusetts | Massachusetts, all lenders | Sierra Pacific Mortgage Co. Inc, all states | United States |
|---|---|---|---|---|
| Denial rate | 19.3% | 22.3% | 14.2% | 24.3% |
| Median rate spread, pp | 0.2 | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 5.2% | 11.9% | 3.5% | 15.6% |
| Average originated loan | $446k | $432k | $358k | $329k |
| Home purchase share | 72.9% | 50.7% | 84.1% | 57.0% |
| FHA-insured share | 22.9% | 7.5% | 24.2% | 13.4% |
| VA-guaranteed share | 2.8% | 2.5% | 6.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMassachusetts, all lenders
Loan purpose and loan type in Massachusetts
By purpose
Home purchase 73% (105)Home improvement 3% (5)Refinancing 15% (22)Cash-out refinancing 8% (12)
By type
Conventional 74% (106)FHA 23% (33)VA 3% (4)USDA 1% (1)
Denial reasons as coded
Share of 35 denials in Massachusetts by first denial reason coded (outlined bar: all lenders in the state).
Counties in Massachusetts
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Essex County | 39 | 29 | $16m | 21.1% |
| Worcester County | 41 | 25 | $8.8m | 26.5% |
| Middlesex County | 35 | 25 | $11m | 18.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Sierra Pacific Mortgage Co. Inc originate in Massachusetts in 2024?
144 loans totalling $64m, from 199 applications reported for properties in Massachusetts.
What is Sierra Pacific Mortgage Co. Inc's denial rate in Massachusetts?
19.3% of decided applications in Massachusetts were denied, against 22.3% for all lenders in the state and 14.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Massachusetts counties does Sierra Pacific Mortgage Co. Inc lend in most?
By originations: Essex County (29), Worcester County (25), Middlesex County (25).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Massachusetts. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.