Sofi Bank, N.A.tional Association mortgage approval rate & lending review
Sofi Bank, N.A.tional Association decided 17,259 mortgage applications and funded 13,620 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Sofi Bank, N.A.tional Association reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Sofi Bank, N.A.tional Association at a glance
Approval is 1.8 points above the 78.1% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 88% | 6,847 / 7,750 | 99% | $385K | 6,797 |
| Home improvement loans | 67% | 616 / 926 | 98% | $105K | 604 |
| Cash-out refinance | 74% | 4,451 / 6,010 | 98% | $175K | 4,379 |
| Refinance | 74% | 1,166 / 1,565 | 97% | $435K | 1,132 |
| Investment property purchase | 82% | 497 / 603 | 99% | $205K | 494 |
| Investment cash-out refinance | 58% | 149 / 259 | 99% | $205K | 147 |
| Investment refinance | 53% | 39 / 74 | 92% | $185K | 36 |
| Investment home improvement | 43% | 31 / 72 | 100% | $155K | 31 |
Sofi Bank, N.A.tional Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 73% | $195K | 1,777 | 1,278 |
| Florida | 75% | $385K | 1,490 | 1,114 |
| Texas | 77% | $355K | 1,432 | 1,090 |
| North Carolina | 88% | $415K | 1,177 | 1,021 |
| Pennsylvania | 81% | $325K | 846 | 675 |
| New Jersey | 77% | $525K | 772 | 584 |
| Illinois | 82% | $365K | 658 | 528 |
| Georgia | 78% | $215K | 636 | 488 |
| Ohio | 83% | $285K | 602 | 496 |
| Washington | 80% | $605K | 536 | 424 |
| Arizona | 81% | $285K | 483 | 387 |
| South Carolina | 84% | $375K | 478 | 399 |
| Massachusetts | 79% | $465K | 430 | 337 |
| Virginia | 84% | $405K | 419 | 349 |
| Michigan | 76% | $295K | 388 | 293 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Sofi Bank, N.A.tional Association lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Mecklenburg County, NC | Mortgage lenders | 97% | 211 | 205 |
| Maricopa County, AZ | Cash-out refinance | 75% | 145 | 109 |
| San Diego County, CA | Cash-out refinance | 81% | 105 | 84 |
| Cook County, IL | Cash-out refinance | 74% | 98 | 70 |
| Orange County, CA | Cash-out refinance | 72% | 93 | 67 |
| York County, SC | Mortgage lenders | 92% | 64 | 59 |
| Mecklenburg County, NC | Cash-out refinance | 84% | 62 | 50 |
| Union County, NC | Mortgage lenders | 98% | 49 | 47 |
| King County, WA | Cash-out refinance | 71% | 65 | 45 |
| Miami-Dade County, FL | Cash-out refinance | 64% | 70 | 44 |
| Mecklenburg County, NC | Refinance | 91% | 46 | 42 |
| Orange County, FL | Cash-out refinance | 71% | 49 | 35 |
The county markets where Sofi Bank, N.A.tional Association made the most loans. Each link opens that market with every lender ranked.
Questions about Sofi Bank, N.A.tional Association
What is Sofi Bank, N.A.tional Association's mortgage approval rate?
Sofi Bank, N.A.tional Association approved 79.9% of the 17,259 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.8 points above the 78.1% national rate for the same mix of loan types.
How often do borrowers take the loan Sofi Bank, N.A.tional Association offers?
Borrowers accepted 99% of the loans Sofi Bank, N.A.tional Association approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Sofi Bank, N.A.tional Association make?
The typical home purchase mortgage loan Sofi Bank, N.A.tional Association made was $385K; across all loan types its typical loan ran from $105K to $435K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Sofi Bank, N.A.tional Association lend?
Sofi Bank, N.A.tional Association decided applications in 51 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to Sofi Bank, N.A.tional Association directly?
Yes. Sofi Bank, N.A.tional Association is a bank or credit union with 4 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Sofi Bank, N.A.tional Association's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Sofi Bank, N.A.tional Association treats applications, then get a rate quote from the lender.