Sofi Bank · Idaho · 2025

Sofi Bank in Idaho: approval rate, denial rate and rates (2025)

Sofi Bank took 323 mortgage applications in Idaho in 2025, ranking #72 of 595 lenders active in the state. It originated 36.5% of them and denied 11.5% (23.6% of the applications it decided), against a statewide denial rate of 14.5%.

323Applicationsin ID
23.6%Decision denial ratestate 17.5%
7.79%Median ratestate 6.63%
$105,000Median loanstate $265,000
$25MVolume30 counties

Sofi Bank in Idaho vs the state

11.5%Denial rate-2.99 pts vs state
23.6%Decision denial rate+6.05 pts vs state
36.5%Origination rate-26.49 pts vs state
7.79%Median rate+1.17 pts vs state
1.78Rate spread (pts)+1.63 pts vs state
$124kMedian applicant income
118Loans originated
37Denied

Trend in Idaho

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325912.0%6.25%#186
2024582217.2%7.50%#138
202532311811.5%7.79%#72

What Sofi Bank lends in Idaho

By loan purpose

Home purchase 30 9% · 0.0% denied
Refinance 14 4% · 0.0% denied
Cash-out refinance 81 25% · 11.1% denied
Home improvement 7 2% · 14.3% denied
Other / HELOC 191 59% · 14.1% denied

By loan type

Conventional 315 98% · 11.8% denied
FHA 3 1% · 0.0% denied
VA 5 2% · 0.0% denied

Why it denied Idaho applicants

Debt-to-income ratio 14 38%
Collateral 8 22%
Credit history 7 19%
Other 3 8%
Unverifiable information 3 8%
Employment history 2 5%

Where in Idaho

Counties with the most Sofi Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ada County 119529 7.6%
Kootenai County 34134 11.8%
Canyon County 3094 13.3%
Bonneville County 2370 0.0%
Twin Falls County 1882 11.1%
Bonner County 921 11.1%
Bannock County 834 50.0%
Gem County 713 42.9%
Elmore County 711 14.3%
Shoshone County 620 0.0%

Other large lenders in Idaho

LenderGradeApplicationsDenial rateMedian rate
Idaho Central Credit UnionA 15,64416.5%7.00%
Rocket MortgageC 4,39113.3%6.63%
United Shore Financial ServicesB 3,9439.1%6.12%
Premier Mortgage ResourcesB 2,5042.7%6.25%
Mountain America Federal Credit UnionD 2,32337.7%7.24%
Guild MortgageA 2,3203.4%6.50%
U.S. BankD 2,16128.6%7.35%
Loandepot.ComD 1,62214.2%6.50%
Glacier BankD 1,50714.5%6.88%
Pennymac Loan ServicesC 1,29710.8%6.50%

Frequently asked questions

Idaho: 323 applications in 2025, of which 118 were originated and 37 denied.

11.5% of all applications, or 23.6% of the applications it actually decided on. The Idaho statewide average across all lenders was 14.5%.

The median rate on loans Sofi Bank originated in Idaho 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 Idaho, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology