Sofi Bank in Pennsylvania vs the state
8.4%Denial rate-9.89 pts vs state
21.0%Decision denial rate-1.23 pts vs state
31.2%Origination rate-29.80 pts vs state
7.50%Median rate+0.88 pts vs state
1.49Rate spread (pts)+1.25 pts vs state
$122kMedian applicant income
668Loans originated
180Denied
Trend in Pennsylvania
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 389 | 114 | 17.2% | 6.75% | #163 |
| 2024 | 628 | 284 | 15.1% | 6.63% | #116 |
| 2025 | 2,144 | 668 | 8.4% | 7.50% | #48 |
What Sofi Bank lends in Pennsylvania
By loan purpose
By loan type
Why it denied Pennsylvania applicants
Where in Pennsylvania
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Allegheny County | 217 | 63 | 15 | 6.9% |
| Montgomery County | 213 | 60 | 20 | 9.4% |
| Philadelphia County | 174 | 41 | 17 | 9.8% |
| Chester County | 152 | 63 | 12 | 7.9% |
| Bucks County | 132 | 45 | 12 | 9.1% |
| Delaware County | 116 | 45 | 7 | 6.0% |
| Lancaster County | 94 | 35 | 4 | 4.3% |
| Lehigh County | 90 | 23 | 10 | 11.1% |
| York County | 77 | 26 | 7 | 9.1% |
| Northampton County | 65 | 27 | 5 | 7.7% |
Other large lenders in Pennsylvania
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 22,411 | 18.6% | 6.75% |
| Citizens Bank | C | 18,256 | 28.1% | 7.65% |
| PNC Bank | D | 18,031 | 20.6% | 6.88% |
| United Shore Financial Services | B | 13,178 | 13.4% | 6.47% |
| Crosscountry Mortgage | B | 11,615 | 3.3% | 6.63% |
| Members 1st | B | 10,863 | 30.9% | 1.99% |
| First National Bank of Pennsylvania | B | 9,542 | 27.8% | 6.49% |
| Police & Fire | C | 8,460 | 34.6% | 6.25% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | C | 8,308 | 13.7% | 6.64% |
| Pennymac Loan Services | C | 7,900 | 12.6% | 6.50% |
Frequently asked questions
Pennsylvania: 2,144 applications in 2025, of which 668 were originated and 180 denied.
8.4% of all applications, or 21.0% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.
The median rate on loans Sofi Bank originated in Pennsylvania in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in Pennsylvania, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology