Sofi Bank in Georgia vs the state
9.5%Denial rate-9.72 pts vs state
24.2%Decision denial rate-0.89 pts vs state
29.3%Origination rate-24.77 pts vs state
7.75%Median rate+1.13 pts vs state
1.84Rate spread (pts)+1.57 pts vs state
$129kMedian applicant income
704Loans originated
228Denied
Trend in Georgia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 428 | 140 | 15.4% | 6.81% | #140 |
| 2024 | 655 | 228 | 15.4% | 6.99% | #122 |
| 2025 | 2,401 | 704 | 9.5% | 7.75% | #44 |
What Sofi Bank lends in Georgia
By loan purpose
By loan type
Why it denied Georgia applicants
Where in Georgia
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fulton County | 310 | 96 | 28 | 9.0% |
| Gwinnett County | 273 | 62 | 33 | 12.1% |
| Cobb County | 241 | 72 | 15 | 6.2% |
| DeKalb County | 168 | 52 | 18 | 10.7% |
| Forsyth County | 148 | 47 | 16 | 10.8% |
| Cherokee County | 109 | 33 | 10 | 9.2% |
| Chatham County | 58 | 21 | 5 | 8.6% |
| Paulding County | 54 | 18 | 7 | 13.0% |
| Henry County | 52 | 18 | 5 | 9.6% |
| Coweta County | 51 | 16 | 4 | 7.8% |
Other large lenders in Georgia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 29,845 | 18.2% | 6.63% |
| United Shore Financial Services | B | 23,784 | 12.6% | 6.25% |
| Navy Federal Credit Union | D | 12,388 | 26.4% | 7.95% |
| Truist Bank | C | 10,563 | 38.7% | 6.49% |
| Pennymac Loan Services | C | 10,273 | 11.6% | 6.49% |
| Broker Solutions | D | 9,709 | 8.6% | 6.63% |
| Mortgage Research Center | C | 9,443 | 19.8% | 6.25% |
| Freedom Mortgage | B | 9,293 | 9.1% | 6.25% |
| Bank of America | F | 9,168 | 36.5% | 6.24% |
| Ameris Bank | B | 8,065 | 10.1% | 6.50% |
Frequently asked questions
Georgia: 2,401 applications in 2025, of which 704 were originated and 228 denied.
9.5% of all applications, or 24.2% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.
The median rate on loans Sofi Bank originated in Georgia in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Georgia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology