Sofi Bank in Nevada vs the state
9.9%Denial rate-7.52 pts vs state
24.8%Decision denial rate+2.57 pts vs state
29.7%Origination rate-28.03 pts vs state
7.72%Median rate+1.09 pts vs state
1.77Rate spread (pts)+1.48 pts vs state
$120kMedian applicant income
260Loans originated
87Denied
Trend in Nevada
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 108 | 41 | 17.6% | 6.63% | #119 |
| 2024 | 214 | 71 | 18.2% | 7.00% | #92 |
| 2025 | 876 | 260 | 9.9% | 7.72% | #38 |
What Sofi Bank lends in Nevada
By loan purpose
By loan type
Why it denied Nevada applicants
Where in Nevada
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 650 | 183 | 72 | 11.1% |
| Washoe County | 150 | 54 | 9 | 6.0% |
| Lyon County | 16 | 4 | 2 | 12.5% |
| Douglas County | 12 | 4 | 0 | 0.0% |
| Nye County | 12 | 3 | 0 | 0.0% |
| Carson City | 12 | 5 | 1 | 8.3% |
| Elko County | 11 | 3 | 1 | 9.1% |
| Storey County | 4 | 1 | 0 | 0.0% |
| Churchill County | 4 | 2 | 1 | 25.0% |
| Humboldt County | 2 | 1 | 0 | 0.0% |
Other large lenders in Nevada
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 6,913 | 11.4% | 6.31% |
| Rocket Mortgage | C | 6,889 | 15.4% | 6.88% |
| Guild Mortgage | A | 5,533 | 2.6% | 6.50% |
| AMERICA FIRST Federal Credit Union | C | 3,873 | 28.6% | 7.24% |
| U.S. Bank | D | 3,745 | 40.2% | 7.65% |
| Bank of America | F | 3,296 | 35.9% | 6.24% |
| Pennymac Loan Services | C | 3,188 | 12.5% | 6.62% |
| Navy Federal Credit Union | D | 2,579 | 24.5% | 7.75% |
| Broker Solutions | D | 2,559 | 8.9% | 6.75% |
| Dhi Mortgage Company | B | 2,549 | 6.8% | 4.99% |
Frequently asked questions
Nevada: 876 applications in 2025, of which 260 were originated and 87 denied.
9.9% of all applications, or 24.8% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.
The median rate on loans Sofi Bank originated in Nevada in 2025 was 7.72%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Nevada, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology