Mortgage by CountyWhat home buyers actually paid, county by county

Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

Lender profile · HMDA 2025

Sofi Bank, N.A.: 2025 mortgage rates, costs & approvals

How Sofi Bank, N.A. priced and approved home loans in 2025, measured against every lender in the official HMDA records.

HMDA legal name: SOFI BANK, NATIONAL ASSOCIATION · LEI 54930054ET8KM4O1D485

In 2025, Sofi Bank, N.A. originated 5,243 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 122nd by volume among the 2,017 lenders profiled here.

On conventional 30-year fixed purchase loans its median rate was 6.625% (all lenders: 6.625%); its median rate spread was in line with the national median. Median conventional loan costs were $4,840, 13% lower than the national median ($5,570).

It denied 7.2% of completed home-purchase applications (all lenders: 8.5%).

Loans
5,243
of 6,107 applications
Denial rate
7.2%
Purchase · all 8.5%
30-yr fixed rate
6.625%
Conv. · all 6.625%
Loan costs
$4,840
Conv. · all $5,570
Loan amount
$355,000
Purchase · all $335,000
Borrower income
$148,000
Purchase · all $116,000

How Sofi Bank, N.A. priced home-purchase loans

Purchase loans, 2025Sofi Bank, N.A.All lenders
30-year fixed rate · conventional6.625%6.625%
30-year fixed rate · FHA6.125%6.250%
30-year fixed rate · VA6.000%6.125%
15-year fixed rate · conventional5.750%5.875%
Rate spread vs. APOR · conventional+0.11 pts+0.13 pts
Total loan costs · conventional$4,840$5,570
Total loan costs · FHA$10,150$11,310
Total loan costs · VA$7,450$6,490
Origination charges (all types)$1,050$1,860
Borrowers paying discount points55.7%51.3%
Points paid, when paid (% of loan)0.35%0.87%
Borrowers receiving lender credits47.1%33.1%

Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.

Loan mix and borrowers

By loan type

Conventional 78.1% 4,093
FHA 14.1% 739
VA 7.8% 411

By purpose

Home purchase 64.0% 3,353
Refinance 14.8% 776
Cash-out refinance 21.2% 1,114
Home value
$425,000
Median, purchase loans
Down payment
10%
All lenders 10%
Refi rate
6.125%
30-yr fixed, conventional
Refi denial rate
14.8%
Cash-out 25.6%

Why Sofi Bank, N.A. denied purchase applications

Debt-to-income ratio 35.0% 91
Collateral (appraisal/property) 18.1% 47
Other 14.6% 38
Credit history 10.4% 27
Unverifiable information 9.6% 25
Employment history 6.9% 18
Credit application incomplete 5.4% 14

First reason the lender reported for each denied home-purchase application.

Where Sofi Bank, N.A. lends

StateLoansApplicationsPurchase denial rate30-yr rate*Loan costs*
Texas5075997.6%6.500%$5,740
North Carolina3734166.0%6.625%$3,960
Florida32840010.9%6.625%$5,310
California3023827.9%6.500%$6,630
Pennsylvania2422826.1%6.625%$5,160
Ohio2172459.7%6.625%$4,240
Illinois2052317.6%6.625%$6,020
New Jersey1932265.1%6.500%$7,060
Georgia1802118.6%6.625%$5,020
Virginia1621772.0%6.500%$4,470
Indiana1551691.8%6.500%$3,150
Tennessee1511727.2%6.625%$4,200
Michigan1311578.2%6.625%$3,630
Washington1261489.4%6.500%$4,970
Colorado1261401.4%6.500%$4,090
New York1181339.8%6.625%$6,080
Massachusetts1171336.6%6.625%$5,060
Arizona1161326.9%6.625%$5,560
Missouri1151356.9%6.625%$3,540
Minnesota1101235.1%6.625%$3,930
South Carolina1091256.9%6.500%$4,620
Wisconsin1051248.2%6.875%$3,250
Maryland801006.1%6.625%$5,120
Alabama77937.1%6.625%$3,840
Connecticut73817.0%6.500%$5,040
Utah69785.1%6.625%$4,230
Oklahoma68837.5%6.625%$4,440
Kentucky617313.6%6.625%$4,320
Nevada59722.5%6.375%$5,170
Kansas586911.9%6.750%$3,360
Oregon55584.9%6.625%$5,380
Arkansas53600.0%6.625%$3,010
Iowa42466.7%——
Nebraska38454.5%——
Idaho3232———
Mississippi30364.2%——
New Mexico30368.7%——
Louisiana273520.0%——
West Virginia2628———
New Hampshire253315.0%——
Delaware2427———
Maine2029———
Montana2027———
Rhode Island1925———
Alaska1520———
District of Columbia1517———
Wyoming1213———
South Dakota99———
Vermont810———
North Dakota67———
Hawaii45———

*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Sofi Bank, N.A.'s page for that state.

Counties where Sofi Bank, N.A. is a top lender

Check Sofi Bank, N.A. yourself

This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.

Lenders of similar size

Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology