Sofi Bank in Arizona vs the state
10.0%Denial rate-6.19 pts vs state
24.9%Decision denial rate+4.47 pts vs state
29.7%Origination rate-29.76 pts vs state
7.75%Median rate+1.25 pts vs state
1.75Rate spread (pts)+1.53 pts vs state
$132kMedian applicant income
450Loans originated
152Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 168 | 49 | 15.5% | 6.75% | #170 |
| 2024 | 383 | 148 | 15.9% | 6.88% | #113 |
| 2025 | 1,514 | 450 | 10.0% | 7.75% | #47 |
What Sofi Bank lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 990 | 312 | 90 | 9.1% |
| Pima County | 203 | 60 | 24 | 11.8% |
| Pinal County | 88 | 27 | 9 | 10.2% |
| Mohave County | 56 | 6 | 8 | 14.3% |
| Yavapai County | 44 | 16 | 6 | 13.6% |
| Yuma County | 34 | 4 | 2 | 5.9% |
| Navajo County | 27 | 4 | 5 | 18.5% |
| Cochise County | 20 | 4 | 3 | 15.0% |
| Coconino County | 18 | 7 | 2 | 11.1% |
| Graham County | 10 | 4 | 0 | 0.0% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 1,514 applications in 2025, of which 450 were originated and 152 denied.
10.0% of all applications, or 24.9% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Sofi Bank originated in Arizona in 2025 was 7.75%, against a statewide median of 6.50%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology