Sofi Bank · Vermont · 2025

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

Sofi Bank took 94 mortgage applications in Vermont in 2025, ranking #46 of 320 lenders active in the state. It originated 27.7% of them and denied 7.5% (20.6% of the applications it decided), against a statewide denial rate of 14.8%.

94Applicationsin VT
20.6%Decision denial ratestate 18.1%
7.33%Median ratestate 6.71%
$135,000Median loanstate $205,000
$7.0MVolume12 counties

Sofi Bank in Vermont vs the state

7.5%Denial rate-7.37 pts vs state
20.6%Decision denial rate+2.52 pts vs state
27.7%Origination rate-37.21 pts vs state
7.33%Median rate+0.63 pts vs state
0.88Rate spread (pts)+0.76 pts vs state
$132kMedian applicant income
26Loans originated
7Denied

Trend in Vermont

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023201010.0%7.13%#79
2024291110.3%6.99%#68
202594267.5%7.33%#46

What Sofi Bank lends in Vermont

By loan purpose

Home purchase 13 14% · 0.0% denied
Refinance 6 6% · 0.0% denied
Cash-out refinance 21 22% · 4.8% denied
Home improvement 2 2% · 0.0% denied
Other / HELOC 52 55% · 11.5% denied

By loan type

Conventional 87 93% · 8.1% denied
FHA 3 3% · 0.0% denied
VA 4 4% · 0.0% denied

Why it denied Vermont applicants

Debt-to-income ratio 3 43%
Collateral 1 14%
Employment history 1 14%
Credit history 1 14%
Other 1 14%

Where in Vermont

Counties with the most Sofi Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chittenden County 2293 13.6%
Windsor County 1750 0.0%
Windham County 1223 25.0%
Rutland County 1210 0.0%
Washington County 600 0.0%
Orleans County 510 0.0%
Bennington County 420 0.0%
Lamoille County 431 25.0%
Caledonia County 420 0.0%
Addison County 300 0.0%

Other large lenders in Vermont

LenderGradeApplicationsDenial rateMedian rate
Eastrise Federal Credit UnionA 3,5295.1%6.50%
Rocket MortgageC 1,16522.0%6.75%
North CountryC 1,1359.5%7.25%
Vermont Federal Credit UnionA 1,00312.0%6.75%
Citizens BankC 82638.9%7.65%
Emm LoansB 7611.5%6.63%
Mascoma BankB 71716.5%6.75%
Union BankB 6414.5%6.63%
Manufacturers and Traders TrustC 61730.8%5.99%
Community BankD 60713.3%7.00%

Frequently asked questions

Vermont: 94 applications in 2025, of which 26 were originated and 7 denied.

7.5% of all applications, or 20.6% of the applications it actually decided on. The Vermont statewide average across all lenders was 14.8%.

The median rate on loans Sofi Bank originated in Vermont in 2025 was 7.33%, against a statewide median of 6.71%.

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