Sofi Bank in District of Columbia vs the state
12.0%Denial rate-6.02 pts vs state
31.7%Decision denial rate+7.97 pts vs state
25.9%Origination rate-29.58 pts vs state
6.91%Median rate+0.41 pts vs state
0.67Rate spread (pts)+0.62 pts vs state
$182kMedian applicant income
28Loans originated
13Denied
Trend in District of Columbia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 7 | 12.5% | 6.75% | #102 |
| 2024 | 58 | 20 | 12.1% | 6.69% | #60 |
| 2025 | 108 | 28 | 12.0% | 6.91% | #43 |
What Sofi Bank lends in District of Columbia
By loan purpose
By loan type
Why it denied District of Columbia applicants
Where in District of Columbia
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| District of Columbia | 108 | 28 | 13 | 12.0% |
Other large lenders in District of Columbia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 786 | 28.5% | 7.75% |
| Rocket Mortgage | C | 671 | 20.7% | 6.63% |
| Bank of America | F | 546 | 33.2% | 5.99% |
| First Savings Mortgage | A | 544 | 0.9% | 6.50% |
| Truist Bank | C | 529 | 41.2% | 6.25% |
| PNC Bank | D | 467 | 31.5% | 6.25% |
| JPMorgan Chase Bank | B | 459 | 7.6% | 6.38% |
| Citibank | B | 417 | 9.6% | 6.00% |
| First Home Mortgage | B | 359 | 2.5% | 6.63% |
| Newrez | D | 353 | 23.5% | 6.63% |
Frequently asked questions
District of Columbia: 108 applications in 2025, of which 28 were originated and 13 denied.
12.0% of all applications, or 31.7% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.
The median rate on loans Sofi Bank originated in District of Columbia in 2025 was 6.91%, against a statewide median of 6.50%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology