Sofi Bank in Alaska vs the state
17.2%Denial rate+3.23 pts vs state
36.8%Decision denial rate+18.78 pts vs state
29.0%Origination rate-31.71 pts vs state
7.40%Median rate+0.95 pts vs state
1.57Rate spread (pts)+1.44 pts vs state
$140kMedian applicant income
42Loans originated
25Denied
Trend in Alaska
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 3 | 25.0% | 6.75% | #91 |
| 2024 | 23 | 7 | 26.1% | 6.63% | #73 |
| 2025 | 145 | 42 | 17.2% | 7.40% | #33 |
What Sofi Bank lends in Alaska
By loan purpose
By loan type
Why it denied Alaska applicants
Where in Alaska
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Anchorage Municipality | 71 | 19 | 9 | 12.7% |
| Matanuska-Susitna Borough | 27 | 10 | 5 | 18.5% |
| Fairbanks North Star Borough | 19 | 8 | 2 | 10.5% |
| Kenai Peninsula Borough | 11 | 2 | 4 | 36.4% |
| Juneau City and Borough | 7 | 1 | 2 | 28.6% |
| Ketchikan Gateway Borough | 5 | 2 | 1 | 20.0% |
| Sitka City and Borough | 2 | 0 | 2 | 100.0% |
| Kodiak Island Borough | 1 | 0 | 0 | 0.0% |
| Southeast Fairbanks Census Area | 1 | 0 | 0 | 0.0% |
| Dillingham Census Area | 1 | 0 | 0 | 0.0% |
Other large lenders in Alaska
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Global Federal Credit Union | C | 2,601 | 16.0% | 6.63% |
| Residential Mortgage | B | 1,907 | 4.4% | 6.25% |
| Newrez | D | 1,344 | 4.3% | 6.38% |
| Rocket Mortgage | C | 1,051 | 17.8% | 6.75% |
| Mortgage Research Center | C | 844 | 14.5% | 6.25% |
| United Shore Financial Services | B | 551 | 12.2% | 6.12% |
| The Loan Store | B | 519 | 8.5% | 6.50% |
| NuVision Federal Credit Union | C | 501 | 32.9% | 4.99% |
| CREDIT UNION 1 Credit Union | D | 462 | 11.7% | 7.75% |
| First National Bank Alaska | C | 402 | 9.0% | 6.63% |
Frequently asked questions
Alaska: 145 applications in 2025, of which 42 were originated and 25 denied.
17.2% of all applications, or 36.8% of the applications it actually decided on. The Alaska statewide average across all lenders was 14.0%.
The median rate on loans Sofi Bank originated in Alaska in 2025 was 7.40%, against a statewide median of 6.44%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Alaska, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology