Sofi Bank · Oregon · 2025

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

Sofi Bank took 742 mortgage applications in Oregon in 2025, ranking #56 of 700 lenders active in the state. It originated 28.6% of them and denied 9.0% (23.8% of the applications it decided), against a statewide denial rate of 15.3%.

742Applicationsin OR
23.8%Decision denial ratestate 19.2%
7.75%Median ratestate 6.75%
$105,000Median loanstate $275,000
$43MVolume32 counties

Sofi Bank in Oregon vs the state

9.0%Denial rate-6.28 pts vs state
23.8%Decision denial rate+4.60 pts vs state
28.6%Origination rate-32.05 pts vs state
7.75%Median rate+1.00 pts vs state
1.69Rate spread (pts)+1.41 pts vs state
$125kMedian applicant income
212Loans originated
67Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023974213.4%6.75%#146
202419910212.6%6.63%#104
20257422129.0%7.75%#56

What Sofi Bank lends in Oregon

By loan purpose

Home purchase 80 11% · 2.5% denied
Refinance 38 5% · 2.6% denied
Cash-out refinance 127 17% · 10.2% denied
Home improvement 25 3% · 8.0% denied
Other / HELOC 472 64% · 10.4% denied

By loan type

Conventional 711 96% · 9.0% denied
FHA 21 3% · 14.3% denied
VA 10 1% · 0.0% denied

Why it denied Oregon applicants

Debt-to-income ratio 30 45%
Credit history 15 22%
Collateral 9 13%
Other 6 9%
Unverifiable information 4 6%
Incomplete application 3 4%

Where in Oregon

Counties with the most Sofi Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 127319 7.1%
Washington County 108439 8.3%
Clackamas County 90295 5.6%
Lane County 67267 10.4%
Marion County 5184 7.8%
Deschutes County 50147 14.0%
Jackson County 3372 6.1%
Linn County 2872 7.1%
Polk County 2162 9.5%
Yamhill County 1871 5.6%

Other large lenders in Oregon

LenderGradeApplicationsDenial rateMedian rate
Onpoint Community Credit UnionB 10,71015.7%7.50%
Rocket MortgageC 6,64916.3%6.75%
United Shore Financial ServicesB 6,60010.4%6.25%
Guild MortgageA 6,0342.6%6.55%
U.S. BankD 4,87531.6%7.85%
Umpqua BankC 3,15523.0%7.50%
NewrezD 2,94512.9%6.63%
CMG MortgageA 2,7022.9%6.50%
Pennymac Loan ServicesC 2,64210.2%6.62%
Rogue Credit UnionC 2,51110.2%7.49%

Frequently asked questions

Oregon: 742 applications in 2025, of which 212 were originated and 67 denied.

9.0% of all applications, or 23.8% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Sofi Bank originated in Oregon in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Sofi Bank's own HMDA filing for properties located in Oregon, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology