Sofi Bank in Colorado vs the state
7.9%Denial rate-7.77 pts vs state
19.7%Decision denial rate+0.05 pts vs state
31.3%Origination rate-28.71 pts vs state
7.79%Median rate+1.17 pts vs state
1.78Rate spread (pts)+1.63 pts vs state
$150kMedian applicant income
438Loans originated
110Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 155 | 55 | 14.8% | 6.63% | #177 |
| 2024 | 330 | 118 | 14.9% | 7.00% | #123 |
| 2025 | 1,399 | 438 | 7.9% | 7.79% | #45 |
What Sofi Bank lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 188 | 67 | 11 | 5.9% |
| Arapahoe County | 159 | 55 | 8 | 5.0% |
| Denver County | 159 | 47 | 17 | 10.7% |
| Douglas County | 149 | 49 | 9 | 6.0% |
| El Paso County | 121 | 35 | 9 | 7.4% |
| Adams County | 120 | 31 | 4 | 3.3% |
| Larimer County | 91 | 32 | 8 | 8.8% |
| Weld County | 80 | 25 | 6 | 7.5% |
| Boulder County | 60 | 15 | 8 | 13.3% |
| Mesa County | 43 | 16 | 2 | 4.7% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 1,399 applications in 2025, of which 438 were originated and 110 denied.
7.9% of all applications, or 19.7% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Sofi Bank originated in Colorado in 2025 was 7.79%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Colorado, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology