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%).
How Sofi Bank, N.A. priced home-purchase loans
| Purchase loans, 2025 | Sofi Bank, N.A. | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.625% | 6.625% |
| 30-year fixed rate · FHA | 6.125% | 6.250% |
| 30-year fixed rate · VA | 6.000% | 6.125% |
| 15-year fixed rate · conventional | 5.750% | 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 points | 55.7% | 51.3% |
| Points paid, when paid (% of loan) | 0.35% | 0.87% |
| Borrowers receiving lender credits | 47.1% | 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
By purpose
Why Sofi Bank, N.A. denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Sofi Bank, N.A. lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Texas | 507 | 599 | 7.6% | 6.500% | $5,740 |
| North Carolina | 373 | 416 | 6.0% | 6.625% | $3,960 |
| Florida | 328 | 400 | 10.9% | 6.625% | $5,310 |
| California | 302 | 382 | 7.9% | 6.500% | $6,630 |
| Pennsylvania | 242 | 282 | 6.1% | 6.625% | $5,160 |
| Ohio | 217 | 245 | 9.7% | 6.625% | $4,240 |
| Illinois | 205 | 231 | 7.6% | 6.625% | $6,020 |
| New Jersey | 193 | 226 | 5.1% | 6.500% | $7,060 |
| Georgia | 180 | 211 | 8.6% | 6.625% | $5,020 |
| Virginia | 162 | 177 | 2.0% | 6.500% | $4,470 |
| Indiana | 155 | 169 | 1.8% | 6.500% | $3,150 |
| Tennessee | 151 | 172 | 7.2% | 6.625% | $4,200 |
| Michigan | 131 | 157 | 8.2% | 6.625% | $3,630 |
| Washington | 126 | 148 | 9.4% | 6.500% | $4,970 |
| Colorado | 126 | 140 | 1.4% | 6.500% | $4,090 |
| New York | 118 | 133 | 9.8% | 6.625% | $6,080 |
| Massachusetts | 117 | 133 | 6.6% | 6.625% | $5,060 |
| Arizona | 116 | 132 | 6.9% | 6.625% | $5,560 |
| Missouri | 115 | 135 | 6.9% | 6.625% | $3,540 |
| Minnesota | 110 | 123 | 5.1% | 6.625% | $3,930 |
| South Carolina | 109 | 125 | 6.9% | 6.500% | $4,620 |
| Wisconsin | 105 | 124 | 8.2% | 6.875% | $3,250 |
| Maryland | 80 | 100 | 6.1% | 6.625% | $5,120 |
| Alabama | 77 | 93 | 7.1% | 6.625% | $3,840 |
| Connecticut | 73 | 81 | 7.0% | 6.500% | $5,040 |
| Utah | 69 | 78 | 5.1% | 6.625% | $4,230 |
| Oklahoma | 68 | 83 | 7.5% | 6.625% | $4,440 |
| Kentucky | 61 | 73 | 13.6% | 6.625% | $4,320 |
| Nevada | 59 | 72 | 2.5% | 6.375% | $5,170 |
| Kansas | 58 | 69 | 11.9% | 6.750% | $3,360 |
| Oregon | 55 | 58 | 4.9% | 6.625% | $5,380 |
| Arkansas | 53 | 60 | 0.0% | 6.625% | $3,010 |
| Iowa | 42 | 46 | 6.7% | — | — |
| Nebraska | 38 | 45 | 4.5% | — | — |
| Idaho | 32 | 32 | — | — | — |
| Mississippi | 30 | 36 | 4.2% | — | — |
| New Mexico | 30 | 36 | 8.7% | — | — |
| Louisiana | 27 | 35 | 20.0% | — | — |
| West Virginia | 26 | 28 | — | — | — |
| New Hampshire | 25 | 33 | 15.0% | — | — |
| Delaware | 24 | 27 | — | — | — |
| Maine | 20 | 29 | — | — | — |
| Montana | 20 | 27 | — | — | — |
| Rhode Island | 19 | 25 | — | — | — |
| Alaska | 15 | 20 | — | — | — |
| District of Columbia | 15 | 17 | — | — | — |
| Wyoming | 12 | 13 | — | — | — |
| South Dakota | 9 | 9 | — | — | — |
| Vermont | 8 | 10 | — | — | — |
| North Dakota | 6 | 7 | — | — | — |
| Hawaii | 4 | 5 | — | — | — |
*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
| County | Rank | Loans | Market share |
|---|---|---|---|
| Lane County, KS | 2 | 1 | 14.3% |
| Benson County, ND | 4 | 1 | 9.1% |
| Kimble County, TX | 4 | 2 | 8.3% |
| Garza County, TX | 7 | 1 | 6.3% |
| Schoolcraft County, MI | 5 | 2 | 4.9% |
| Randolph County, GA | 8 | 1 | 4.3% |
| Dimmit County, TX | 7 | 1 | 4.0% |
| Costilla County, CO | 8 | 1 | 3.6% |
| Dawes County, NE | 5 | 3 | 3.5% |
| Woodruff County, AR | 9 | 1 | 3.3% |
| Adams County, IA | 12 | 1 | 2.7% |
| Candler County, GA | 10 | 2 | 2.5% |
| Franklin County, MS | 11 | 1 | 2.5% |
| Lake County, OR | 12 | 1 | 2.5% |
| Holt County, MO | 13 | 1 | 2.4% |
Check Sofi Bank, N.A. yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 54930054ET8KM4O1D485.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Sofi Bank, N.A. with similar 2025 loans.
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