Sofi Bank in Delaware vs the state
11.3%Denial rate-6.82 pts vs state
26.4%Decision denial rate+3.69 pts vs state
31.6%Origination rate-27.61 pts vs state
7.83%Median rate+1.21 pts vs state
1.90Rate spread (pts)+1.63 pts vs state
$125kMedian applicant income
78Loans originated
28Denied
Trend in Delaware
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 32 | 11 | 12.5% | 6.75% | #129 |
| 2024 | 63 | 25 | 15.9% | 7.50% | #103 |
| 2025 | 247 | 78 | 11.3% | 7.83% | #48 |
What Sofi Bank lends in Delaware
By loan purpose
By loan type
Why it denied Delaware applicants
Where in Delaware
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New Castle County | 146 | 58 | 14 | 9.6% |
| Sussex County | 55 | 10 | 8 | 14.5% |
| Kent County | 46 | 10 | 6 | 13.0% |
Other large lenders in Delaware
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 2,381 | 15.5% | 6.88% |
| Wilmington Savings Fund Society | B | 1,801 | 16.6% | 7.25% |
| Citizens Bank | C | 1,633 | 29.3% | 7.65% |
| PNC Bank | D | 1,492 | 25.1% | 7.50% |
| NVR Mortgage Finance | B | 1,414 | 18.7% | 6.63% |
| United Shore Financial Services | B | 1,408 | 13.0% | 6.13% |
| Pike Creek Mortgage Services | B | 1,383 | 2.2% | 6.38% |
| Manufacturers and Traders Trust | C | 1,337 | 32.5% | 5.99% |
| Newrez | D | 1,127 | 18.4% | 6.50% |
| Del-One Federal Credit Union | D | 1,070 | 41.3% | 7.00% |
Frequently asked questions
Delaware: 247 applications in 2025, of which 78 were originated and 28 denied.
11.3% of all applications, or 26.4% of the applications it actually decided on. The Delaware statewide average across all lenders was 18.2%.
The median rate on loans Sofi Bank originated in Delaware in 2025 was 7.83%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Delaware, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology