Sofi Bank · Texas · 2025

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

Sofi Bank took 4,246 mortgage applications in Texas in 2025, ranking #47 of 1,568 lenders active in the state. It originated 20.2% of them and denied 10.1% (32.9% of the applications it decided), against a statewide denial rate of 19.4%.

4.2kApplicationsin TX
32.9%Decision denial ratestate 24.9%
6.99%Median ratestate 6.50%
$155,000Median loanstate $245,000
$238MVolume154 counties

Sofi Bank in Texas vs the state

10.1%Denial rate-9.35 pts vs state
32.9%Decision denial rate+7.95 pts vs state
20.2%Origination rate-34.67 pts vs state
6.99%Median rate+0.49 pts vs state
0.59Rate spread (pts)+0.39 pts vs state
$145kMedian applicant income
858Loans originated
428Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202393626215.9%6.88%#161
20241,01333916.9%6.63%#164
20254,24685810.1%6.99%#47

What Sofi Bank lends in Texas

By loan purpose

Home purchase 779 18% · 3.6% denied
Refinance 320 8% · 6.3% denied
Cash-out refinance 597 14% · 11.2% denied
Home improvement 185 4% · 10.8% denied
Other / HELOC 2,365 56% · 12.4% denied

By loan type

Conventional 4,013 95% · 10.3% denied
FHA 154 4% · 7.1% denied
VA 79 2% · 6.3% denied

Why it denied Texas applicants

Debt-to-income ratio 115 27%
Other 109 25%
Credit history 89 21%
Collateral 86 20%
Unverifiable information 15 4%
Incomplete application 7 2%
Employment history 7 2%

Where in Texas

Counties with the most Sofi Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 61112440 6.5%
Dallas County 3678231 8.4%
Tarrant County 3247232 9.9%
Collin County 3205424 7.5%
Bexar County 2575131 12.1%
Denton County 2475526 10.5%
Travis County 2445834 13.9%
Fort Bend County 2073733 15.9%
Williamson County 141339 6.4%
Montgomery County 1353011 8.1%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 4,246 applications in 2025, of which 858 were originated and 428 denied.

10.1% of all applications, or 32.9% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Sofi Bank originated in Texas in 2025 was 6.99%, against a statewide median of 6.50%.

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