Sofi Bank in West Virginia vs the state
10.6%Denial rate-10.64 pts vs state
25.3%Decision denial rate-1.41 pts vs state
30.8%Origination rate-23.99 pts vs state
7.99%Median rate+1.37 pts vs state
2.30Rate spread (pts)+1.90 pts vs state
$105kMedian applicant income
73Loans originated
25Denied
Trend in West Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 37 | 15 | 24.3% | 6.75% | #144 |
| 2024 | 76 | 35 | 14.5% | 6.63% | #100 |
| 2025 | 237 | 73 | 10.6% | 7.99% | #53 |
What Sofi Bank lends in West Virginia
By loan purpose
By loan type
Why it denied West Virginia applicants
Where in West Virginia
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Berkeley County | 31 | 7 | 2 | 6.5% |
| Kanawha County | 22 | 6 | 2 | 9.1% |
| Jefferson County | 20 | 6 | 6 | 30.0% |
| Putnam County | 12 | 4 | 2 | 16.7% |
| Marion County | 10 | 5 | 1 | 10.0% |
| Wood County | 9 | 5 | 0 | 0.0% |
| Monongalia County | 9 | 5 | 1 | 11.1% |
| Hampshire County | 7 | 3 | 1 | 14.3% |
| Cabell County | 7 | 3 | 0 | 0.0% |
| Marshall County | 7 | 2 | 1 | 14.3% |
Other large lenders in West Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 3,615 | 23.0% | 6.88% |
| Vanderbilt Mortgage and Finance | F | 3,214 | 38.5% | 9.99% |
| City National Bank of West Virginia | C | 2,870 | 25.0% | 6.29% |
| The Huntington National Bank | D | 2,194 | 28.1% | 7.00% |
| Truist Bank | C | 1,776 | 31.1% | 6.63% |
| Loandepot.Com | D | 1,624 | 18.7% | 6.58% |
| Mortgage Research Center | C | 1,592 | 17.4% | 6.25% |
| WesBanco Bank | B | 1,475 | 16.7% | 6.01% |
| Movement Mortgage | A | 1,167 | 5.4% | 6.63% |
| Crosscountry Mortgage | B | 1,140 | 4.0% | 6.58% |
Frequently asked questions
West Virginia: 237 applications in 2025, of which 73 were originated and 25 denied.
10.6% of all applications, or 25.3% of the applications it actually decided on. The West Virginia statewide average across all lenders was 21.2%.
The median rate on loans Sofi Bank originated in West Virginia in 2025 was 7.99%, against a statewide median of 6.62%.
About this data. Figures are Sofi Bank's own HMDA filing for properties located in West Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology