Sofi Bank in Arkansas vs the state
7.6%Denial rate-10.62 pts vs state
20.4%Decision denial rate-2.75 pts vs state
29.1%Origination rate-27.75 pts vs state
7.00%Median rate+0.38 pts vs state
1.08Rate spread (pts)+0.74 pts vs state
$112kMedian applicant income
123Loans originated
32Denied
Trend in Arkansas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 87 | 28 | 17.2% | 6.99% | #155 |
| 2024 | 119 | 49 | 7.6% | 6.75% | #138 |
| 2025 | 423 | 123 | 7.6% | 7.00% | #65 |
What Sofi Bank lends in Arkansas
By loan purpose
By loan type
Why it denied Arkansas applicants
Where in Arkansas
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Benton County | 93 | 29 | 7 | 7.5% |
| Pulaski County | 49 | 20 | 2 | 4.1% |
| Washington County | 35 | 10 | 2 | 5.7% |
| Lonoke County | 21 | 7 | 0 | 0.0% |
| Faulkner County | 21 | 10 | 1 | 4.8% |
| Saline County | 20 | 10 | 3 | 15.0% |
| Garland County | 20 | 8 | 1 | 5.0% |
| Sebastian County | 19 | 6 | 0 | 0.0% |
| Crawford County | 12 | 3 | 1 | 8.3% |
| Pope County | 10 | 1 | 0 | 0.0% |
Other large lenders in Arkansas
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Arvest Bank | C | 9,748 | 14.4% | 7.00% |
| Rocket Mortgage | C | 5,854 | 20.1% | 6.63% |
| ARKANSAS Federal Credit Union | F | 4,439 | 23.6% | 7.50% |
| Vanderbilt Mortgage and Finance | F | 3,491 | 38.4% | 10.25% |
| 21st Mortgage | F | 3,250 | 46.6% | 9.69% |
| Mortgage Research Center | C | 2,767 | 18.3% | 6.25% |
| Regions Bank | C | 2,646 | 40.0% | 6.13% |
| Firsttrust Home Loans | B | 2,590 | 0.5% | 6.49% |
| United Shore Financial Services | B | 2,456 | 13.3% | 6.12% |
| Triad Financial Services | D | 2,133 | 54.2% | 8.68% |
Frequently asked questions
Arkansas: 423 applications in 2025, of which 123 were originated and 32 denied.
7.6% of all applications, or 20.4% of the applications it actually decided on. The Arkansas statewide average across all lenders was 18.2%.
The median rate on loans Sofi Bank originated in Arkansas in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Arkansas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology