SuperMoney
  Sierra Pacific Mortgage Refinance

Sierra Pacific Mortgage Refinance

in Mortgage Refinance from Sierra Pacific Mortgage · NMLS ID #1788

Unaffiliated

Sierra Pacific Mortgage Refinance

Unaffiliated

in Mortgage Refinance from Sierra Pacific Mortgage · NMLS ID #1788

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend Sierra Pacific Mortgage Refinance to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Loan Amount Up to $5,000,000
Loan Term (Years) 15 - 30 years

Sierra Pacific Mortgage Refinance Review

Sierra Pacific Mortgage Refinance is offered by Sierra Pacific Mortgage (NMLS #1788), a direct lender founded in 1986 and based in Folsom, CA. Sierra Pacific Mortgage Refinance is available in 49 states (and Washington, DC).

Key Takeaways
  • 6 different mortgage programs offered. Sierra Pacific Mortgage Refinance refinances FHA, FHA 203k, HARP, HomePath, USDA, VA, conforming, and conventional mortgages.
  • Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
  • Non-standard interest rates available. Sierra Pacific Mortgage Refinance offers hybrid mortgages and fixed-rate mortgages.
  • Considers personal use and investment properties. Refinancing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage refinance loan early.
Sierra Pacific Mortgage Refinance Pros & Cons
Pros Cons
  • Available in 49 states.
  • Charges an origination fee.
  • Charges prepayment fees.
Sierra Pacific Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via Sierra Pacific Mortgage Refinance?

The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Sierra Pacific Mortgage Refinance offers mortgages refinancing with terms ranging from 15 to 30 years.

Does Sierra Pacific Mortgage Refinance charge a mortgage origination fee?

Yes, Sierra Pacific Mortgage Refinance will charge a loan origination fee.

What mortgage programs does Sierra Pacific Mortgage Refinance offer?

Sierra Pacific Mortgage Refinance offers the following mortgage types:

  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • FHA 203k: An FHA mortgage you can also use to finance home improvements.
  • HARP: A mortgage refinance program for home loans owned or backed by Fannie Mae or Freddie Mac. No minimum credit score or value appraisal required.
  • HomePath: Financing for the purchase and improvement of properties owned by Fannie Mae.
  • USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
  • VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What property usage types does Sierra Pacific Mortgage Refinance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Sierra Pacific Mortgage Refinance allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Other Services by Sierra Pacific Mortgage

Availability

  Available in 49 states and Washington, D.C.
  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Intended Use
  • Investment
  • Primary Home
  • Secondary Home
Loan Term 15 - 30 years
Loan Amount Up to $5,000,000
Interest Rate Types Offered
  • Hybrid Mortgage
Mortgage Programs
  • FHA
  • FHA 203k
  • HARP
  • HomePath
  • USDA
  • VA
Terms 5/1, 7/1, 15, 30 years

Be the first to rate

 

Would you recommend Sierra Pacific Mortgage Refinance to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Mortgage Refinance