Sofi Bank in Connecticut vs the state
9.2%Denial rate-8.23 pts vs state
20.8%Decision denial rate-0.77 pts vs state
34.0%Origination rate-26.36 pts vs state
7.88%Median rate+1.25 pts vs state
1.94Rate spread (pts)+1.70 pts vs state
$143kMedian applicant income
282Loans originated
76Denied
Trend in Connecticut
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 93 | 27 | 19.4% | 6.75% | #142 |
| 2024 | 204 | 76 | 15.7% | 6.63% | #93 |
| 2025 | 829 | 282 | 9.2% | 7.88% | #41 |
What Sofi Bank lends in Connecticut
By loan purpose
By loan type
Why it denied Connecticut applicants
Where in Connecticut
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| 09110 | 226 | 82 | 17 | 7.5% |
| 09190 | 135 | 49 | 14 | 10.4% |
| 09170 | 117 | 35 | 11 | 9.4% |
| 09120 | 91 | 33 | 8 | 8.8% |
| 09140 | 90 | 37 | 5 | 5.6% |
| 09180 | 63 | 21 | 11 | 17.5% |
| 09130 | 44 | 12 | 3 | 6.8% |
| 09150 | 36 | 8 | 6 | 16.7% |
| 09160 | 27 | 5 | 1 | 3.7% |
Other large lenders in Connecticut
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 6,043 | 16.5% | 6.75% |
| Citizens Bank | C | 4,895 | 26.2% | 7.40% |
| Bank of America | F | 4,591 | 32.1% | 6.00% |
| United Shore Financial Services | B | 4,239 | 13.7% | 6.50% |
| Total Mortgage Services | B | 4,219 | 4.5% | 6.63% |
| Manufacturers and Traders Trust | C | 4,030 | 31.8% | 5.99% |
| Liberty Bank | A | 3,513 | 9.5% | 5.99% |
| Webster Bank | C | 2,762 | 21.9% | 6.74% |
| Newrez | D | 2,556 | 21.8% | 6.88% |
| AMERICAN EAGLE FINANCIAL Credit Union | D | 2,463 | 18.9% | 7.75% |
Frequently asked questions
Connecticut: 829 applications in 2025, of which 282 were originated and 76 denied.
9.2% of all applications, or 20.8% of the applications it actually decided on. The Connecticut statewide average across all lenders was 17.4%.
The median rate on loans Sofi Bank originated in Connecticut in 2025 was 7.88%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Connecticut, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology