Sofi Bank, National Association Mortgage Lending & HMDA Data, 2023

In 2023, Sofi Bank, National Association of Frisco, TX reported 8,486 mortgage applications totaling $3.1 billion, up 70% from 2022. The average application was for $362,068, and applicants reported an average income of $176,535. 33% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Charlotte-Concord-Gastonia, NC-SC (323), Atlanta-Sandy Springs-Roswell, GA (301) and Dallas-Plano-Irving, TX (241) (applications in parentheses).

Mortgage Company & Address Sofi Bank, National Association

Frisco, TX 75034
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  
Total Number of Mortgage Applications 8,486
Total Mortgage Loan Application Amount $3,072,510,000
Average Mortgage Loan Application Amount $362,068
Highest Mortgage Loan Application Amount $7,005,000
Average Applicant Income $176,535
Highest Applicant Income $3,750,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Sofi Bank, National Association filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Sofi Bank, National Association by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Harris, Texas 156 $ 55,470,000 $ 355,576 $ 176,000
Mecklenburg, North Carolina 151 $ 58,485,000 $ 387,317 $ 167,000
Los Angeles, California 136 $ 83,950,000 $ 617,279 $ 218,000
Cook, Illinois 124 $ 46,000,000 $ 370,967 $ 215,000
Maricopa, Arizona 100 $ 38,650,000 $ 386,500 $ 194,000
Clark, Nevada 86 $ 29,460,000 $ 342,558 $ 167,000
Fulton, Georgia 79 $ 31,085,000 $ 393,481 $ 228,000
Wake, North Carolina 79 $ 34,135,000 $ 432,088 $ 201,000
Miami-Dade, Florida 77 $ 33,905,000 $ 440,324 $ 186,000
Dallas, Texas 77 $ 28,145,000 $ 365,519 $ 192,000
Collin, Texas 76 $ 34,910,000 $ 459,342 $ 228,000
Tarrant, Texas 73 $ 23,435,000 $ 321,027 $ 159,000
Broward, Florida 72 $ 24,370,000 $ 338,472 $ 206,000
Travis, Texas 68 $ 33,630,000 $ 494,558 $ 228,000
Denton, Texas 65 $ 32,245,000 $ 496,076 $ 215,000
King, Washington 64 $ 35,390,000 $ 552,968 $ 240,000
Williamson, Texas 57 $ 24,255,000 $ 425,526 $ 188,000
Riverside, California 56 $ 22,560,000 $ 402,857 $ 178,000
San Diego, California 51 $ 27,545,000 $ 540,098 $ 173,000
Bexar, Texas 50 $ 14,330,000 $ 286,600 $ 147,000
Hillsborough, Florida 49 $ 17,805,000 $ 363,367 $ 161,000
Palm Beach, Florida 49 $ 20,655,000 $ 421,530 $ 175,000
San Bernardino, California 47 $ 17,535,000 $ 373,085 $ 144,000
Allegheny, Pennsylvania 47 $ 12,135,000 $ 258,191 $ 147,000
Sacramento, California 46 $ 19,690,000 $ 428,043 $ 166,000
Philadelphia, Pennsylvania 46 $ 11,620,000 $ 252,608 $ 156,000
Cobb, Georgia 45 $ 18,635,000 $ 414,111 $ 186,000
Alameda, California 42 $ 31,260,000 $ 744,285 $ 286,000
Pinellas, Florida 42 $ 13,410,000 $ 319,285 $ 156,000
Cuyahoga, Ohio 42 $ 10,990,000 $ 261,666 $ 171,000
Orange, Florida 40 $ 16,490,000 $ 412,250 $ 206,000
York, South Carolina 40 $ 16,680,000 $ 417,000 $ 177,000
Franklin, Ohio 39 $ 11,805,000 $ 302,692 $ 148,000
Bergen, New Jersey 37 $ 22,925,000 $ 619,594 $ 271,000
Hennepin, Minnesota 36 $ 14,670,000 $ 407,500 $ 187,000
Montgomery, Pennsylvania 36 $ 15,150,000 $ 420,833 $ 182,000
Duval, Florida 35 $ 12,895,000 $ 368,428 $ 170,000
DeKalb, Georgia 35 $ 12,715,000 $ 363,285 $ 168,000
Gwinnett, Georgia 35 $ 13,115,000 $ 374,714 $ 154,000
Fort Bend, Texas 34 $ 13,180,000 $ 387,647 $ 181,000
Lake, Illinois 33 $ 13,095,000 $ 396,818 $ 193,000
Gaston, North Carolina 33 $ 9,755,000 $ 295,606 $ 132,000
Fairfax, Virginia 33 $ 20,655,000 $ 625,909 $ 380,000
Orange, California 32 $ 22,680,000 $ 708,750 $ 360,000
Union, North Carolina 32 $ 12,740,000 $ 398,125 $ 138,000
Snohomish, Washington 32 $ 18,430,000 $ 575,937 $ 223,000
DuPage, Illinois 31 $ 11,435,000 $ 368,870 $ 216,000
Prince George's, Maryland 31 $ 12,295,000 $ 396,612 $ 171,000
Middlesex, Massachusetts 31 $ 15,185,000 $ 489,838 $ 207,000
Oklahoma, Oklahoma 31 $ 8,455,000 $ 272,741 $ 204,000
Pima, Arizona 30 $ 10,500,000 $ 350,000 $ 171,000
Sarasota, Florida 30 $ 11,150,000 $ 371,666 $ 153,000
Marion, Indiana 30 $ 7,000,000 $ 233,333 $ 121,000
Oakland, Michigan 30 $ 8,910,000 $ 297,000 $ 157,000
Monmouth, New Jersey 30 $ 14,270,000 $ 475,666 $ 249,000
Davidson, Tennessee 30 $ 12,950,000 $ 431,666 $ 164,000
Fairfield, Connecticut 29 $ 13,335,000 $ 459,827 $ 259,000
Salt Lake, Utah 29 $ 13,695,000 $ 472,241 $ 171,000
Contra Costa, California 28 $ 20,150,000 $ 719,642 $ 245,000
Santa Clara, California 28 $ 20,690,000 $ 738,928 $ 327,000
Middlesex, New Jersey 28 $ 12,470,000 $ 445,357 $ 187,000
Benton, Arkansas 27 $ 8,915,000 $ 330,185 $ 128,000
St. Johns, Florida 27 $ 8,785,000 $ 325,370 $ 168,000
Lee, Florida 26 $ 8,710,000 $ 335,000 $ 159,000
Pasco, Florida 26 $ 8,920,000 $ 343,076 $ 147,000
Hudson, New Jersey 26 $ 14,350,000 $ 551,923 $ 227,000
St. Louis, Missouri 25 $ 9,385,000 $ 375,400 $ 195,000
Morris, New Jersey 25 $ 12,715,000 $ 508,600 $ 236,000
Jefferson, Colorado 24 $ 12,800,000 $ 533,333 $ 206,000
District of Columbia, District Of Columbia 24 $ 11,060,000 $ 460,833 $ 204,000
Baltimore City, Maryland 24 $ 6,170,000 $ 257,083 $ 195,000
Montgomery, Maryland 24 $ 11,410,000 $ 475,416 $ 168,000
Wayne, Michigan 24 $ 5,770,000 $ 240,416 $ 122,000
Bucks, Pennsylvania 24 $ 9,470,000 $ 394,583 $ 200,000
Madison, Alabama 23 $ 7,415,000 $ 322,391 $ 145,000
New Castle, Delaware 23 $ 8,555,000 $ 371,956 $ 186,000
Lake, Florida 23 $ 8,035,000 $ 349,347 $ 160,000
Hamilton, Indiana 23 $ 7,545,000 $ 328,043 $ 153,000
Jefferson, Kentucky 23 $ 6,535,000 $ 284,130 $ 139,000
Cabarrus, North Carolina 23 $ 9,445,000 $ 410,652 $ 169,000
Horry, South Carolina 23 $ 6,295,000 $ 273,695 $ 168,000
Hamilton, Tennessee 23 $ 7,835,000 $ 340,652 $ 145,000
Prince William, Virginia 23 $ 13,425,000 $ 583,695 $ 210,000
New Haven, Connecticut 22 $ 6,510,000 $ 295,909 $ 227,000
Brevard, Florida 22 $ 6,420,000 $ 291,818 $ 132,000
Chester, Pennsylvania 22 $ 10,950,000 $ 497,727 $ 382,000
Seminole, Florida 21 $ 8,545,000 $ 406,904 $ 189,000
Forsyth, Georgia 21 $ 10,695,000 $ 509,285 $ 216,000
Baltimore, Maryland 21 $ 5,335,000 $ 254,047 $ 176,000
Essex, New Jersey 21 $ 9,825,000 $ 467,857 $ 208,000
Union, New Jersey 21 $ 11,185,000 $ 532,619 $ 222,000
Durham, North Carolina 21 $ 7,245,000 $ 345,000 $ 153,000
Guilford, North Carolina 21 $ 5,765,000 $ 274,523 $ 143,000
Delaware, Pennsylvania 21 $ 6,435,000 $ 306,428 $ 166,000
Richland, South Carolina 21 $ 4,315,000 $ 205,476 $ 127,000
Douglas, Colorado 20 $ 9,700,000 $ 485,000 $ 178,000
Manatee, Florida 20 $ 6,890,000 $ 344,500 $ 148,000
Marion, Florida 20 $ 4,860,000 $ 243,000 $ 137,000
St. Lucie, Florida 20 $ 6,280,000 $ 314,000 $ 255,000
Volusia, Florida 20 $ 5,600,000 $ 280,000 $ 131,000
Johnson, Kansas 20 $ 8,720,000 $ 436,000 $ 191,000
Multnomah, Oregon 20 $ 7,640,000 $ 382,000 $ 159,000
Greenville, South Carolina 20 $ 6,800,000 $ 340,000 $ 143,000
Will, Illinois 19 $ 5,595,000 $ 294,473 $ 144,000
Ocean, New Jersey 19 $ 5,915,000 $ 311,315 $ 150,000
Tulsa, Oklahoma 19 $ 5,055,000 $ 266,052 $ 127,000
Shelby, Tennessee 19 $ 4,725,000 $ 248,684 $ 111,000
Pierce, Washington 19 $ 7,845,000 $ 412,894 $ 267,000
Collier, Florida 18 $ 7,560,000 $ 420,000 $ 185,000
Hillsborough, New Hampshire 18 $ 6,080,000 $ 337,777 $ 164,000
Burlington, New Jersey 18 $ 7,130,000 $ 396,111 $ 184,000
Utah, Utah 18 $ 9,800,000 $ 544,444 $ 189,000
Arapahoe, Colorado 17 $ 7,295,000 $ 429,117 $ 268,000
Suffolk, Massachusetts 17 $ 8,615,000 $ 506,764 $ 272,000
Worcester, Massachusetts 17 $ 6,155,000 $ 362,058 $ 142,000
Nassau, New York 17 $ 10,895,000 $ 640,882 $ 275,000
Suffolk, New York 17 $ 9,535,000 $ 560,882 $ 219,000
Knox, Tennessee 17 $ 5,145,000 $ 302,647 $ 153,000
El Paso, Texas 17 $ 3,245,000 $ 190,882 $ 123,000
San Francisco, California 16 $ 12,610,000 $ 788,125 $ 390,000
San Joaquin, California 16 $ 9,060,000 $ 566,250 $ 285,000
Hartford, Connecticut 16 $ 5,650,000 $ 353,125 $ 403,000
Sedgwick, Kansas 16 $ 3,010,000 $ 188,125 $ 192,000
Fayette, Kentucky 16 $ 4,870,000 $ 304,375 $ 154,000
Anne Arundel, Maryland 16 $ 6,560,000 $ 410,000 $ 183,000
Bernalillo, New Mexico 16 $ 5,740,000 $ 358,750 $ 247,000
Westchester, New York 16 $ 9,800,000 $ 612,500 $ 316,000
Clackamas, Oregon 16 $ 7,150,000 $ 446,875 $ 178,000
Montgomery, Texas 16 $ 4,380,000 $ 273,750 $ 174,000
Loudoun, Virginia 16 $ 9,010,000 $ 563,125 $ 258,000
Clark, Washington 16 $ 7,830,000 $ 489,375 $ 197,000
Dane, Wisconsin 16 $ 5,750,000 $ 359,375 $ 168,000
Jefferson, Alabama 15 $ 5,975,000 $ 398,333 $ 213,000
Ventura, California 15 $ 7,185,000 $ 479,000 $ 309,000
Lake, Indiana 15 $ 3,305,000 $ 220,333 $ 113,000
Washoe, Nevada 15 $ 6,295,000 $ 419,666 $ 197,000
Gloucester, New Jersey 15 $ 5,675,000 $ 378,333 $ 119,000
Mercer, New Jersey 15 $ 6,125,000 $ 408,333 $ 235,000
Queens, New York 15 $ 8,085,000 $ 539,000 $ 299,000
Lancaster, South Carolina 15 $ 5,685,000 $ 379,000 $ 147,000
Lexington, South Carolina 15 $ 3,385,000 $ 225,666 $ 112,000
Galveston, Texas 15 $ 8,145,000 $ 543,000 $ 142,000
Placer, California 14 $ 6,970,000 $ 497,857 $ 195,000
Denver, Colorado 14 $ 7,740,000 $ 552,857 $ 207,000
Charlotte, Florida 14 $ 5,050,000 $ 360,714 $ 125,000
Osceola, Florida 14 $ 5,480,000 $ 391,428 $ 178,000
Polk, Florida 14 $ 3,340,000 $ 238,571 $ 137,000
Kane, Illinois 14 $ 4,610,000 $ 329,285 $ 146,000
East Baton Rouge, Louisiana 14 $ 4,150,000 $ 296,428 $ 148,000
Orleans, Louisiana 14 $ 4,760,000 $ 340,000 $ 198,000
Jackson, Missouri 14 $ 3,880,000 $ 277,142 $ 138,000
St. Charles, Missouri 14 $ 4,830,000 $ 345,000 $ 229,000
Somerset, New Jersey 14 $ 6,380,000 $ 455,714 $ 209,000
Westmoreland, Pennsylvania 14 $ 3,840,000 $ 274,285 $ 129,000
Charleston, South Carolina 14 $ 5,450,000 $ 389,285 $ 190,000
Virginia Beach, Virginia 14 $ 3,850,000 $ 275,000 $ 157,000
Pinal, Arizona 13 $ 3,615,000 $ 278,076 $ 147,000
Alachua, Florida 13 $ 3,525,000 $ 271,153 $ 259,000
Howard, Maryland 13 $ 4,585,000 $ 352,692 $ 203,000
Macomb, Michigan 13 $ 2,535,000 $ 195,000 $ 102,000
Dakota, Minnesota 13 $ 3,575,000 $ 275,000 $ 172,000
Erie, New York 13 $ 3,935,000 $ 302,692 $ 156,000
Forsyth, North Carolina 13 $ 2,775,000 $ 213,461 $ 88,000
Warren, Ohio 13 $ 4,485,000 $ 345,000 $ 166,000
Lancaster, Pennsylvania 13 $ 3,045,000 $ 234,230 $ 110,000
York, Pennsylvania 13 $ 3,375,000 $ 259,615 $ 122,000
Providence, Rhode Island 13 $ 4,015,000 $ 308,846 $ 164,000
Hays, Texas 13 $ 6,315,000 $ 485,769 $ 261,000
Nueces, Texas 13 $ 2,965,000 $ 228,076 $ 145,000
Henrico, Virginia 13 $ 4,625,000 $ 355,769 $ 225,000
Milwaukee, Wisconsin 13 $ 3,165,000 $ 243,461 $ 190,000
Mobile, Alabama 12 $ 3,360,000 $ 280,000 $ 223,000
San Mateo, California 12 $ 9,220,000 $ 768,333 $ 315,000
El Paso, Colorado 12 $ 4,050,000 $ 337,500 $ 109,000
Harford, Maryland 12 $ 3,640,000 $ 303,333 $ 135,000
Essex, Massachusetts 12 $ 7,160,000 $ 596,666 $ 215,000
Norfolk, Massachusetts 12 $ 5,730,000 $ 477,500 $ 247,000
Hamilton, Ohio 12 $ 3,910,000 $ 325,833 $ 139,000
Lorain, Ohio 12 $ 3,090,000 $ 257,500 $ 126,000
Montgomery, Ohio 12 $ 9,140,000 $ 761,666 $ 396,000
Monroe, Pennsylvania 12 $ 2,760,000 $ 230,000 $ 184,000
Brazoria, Texas 12 $ 3,210,000 $ 267,500 $ 166,000
McLennan, Texas 12 $ 2,980,000 $ 248,333 $ 119,000
Spokane, Washington 12 $ 4,220,000 $ 351,666 $ 181,000
Washington, Arkansas 11 $ 3,435,000 $ 312,272 $ 89,000
Stanislaus, California 11 $ 4,175,000 $ 379,545 $ 109,000
Cherokee, Georgia 11 $ 4,495,000 $ 408,636 $ 201,000
Champaign, Illinois 11 $ 2,235,000 $ 203,181 $ 259,000
St. Joseph, Indiana 11 $ 2,185,000 $ 198,636 $ 94,000
St. Tammany, Louisiana 11 $ 4,235,000 $ 385,000 $ 192,000
Cumberland, Maine 11 $ 3,285,000 $ 298,636 $ 170,000
Ramsey, Minnesota 11 $ 3,005,000 $ 273,181 $ 327,000
Rockingham, New Hampshire 11 $ 4,545,000 $ 413,181 $ 168,000
Passaic, New Jersey 11 $ 3,575,000 $ 325,000 $ 134,000
Kings, New York 11 $ 8,445,000 $ 767,727 $ 288,000
Monroe, New York 11 $ 2,815,000 $ 255,909 $ 193,000
Buncombe, North Carolina 11 $ 4,455,000 $ 405,000 $ 163,000
Iredell, North Carolina 11 $ 4,295,000 $ 390,454 $ 268,000
Cleveland, Oklahoma 11 $ 4,185,000 $ 380,454 $ 272,000
Washington, Oregon 11 $ 5,065,000 $ 460,454 $ 182,000
Dauphin, Pennsylvania 11 $ 2,635,000 $ 239,545 $ 106,000
Berkeley, South Carolina 11 $ 3,245,000 $ 295,000 $ 94,000
Dorchester, South Carolina 11 $ 3,315,000 $ 301,363 $ 141,000
Rutherford, Tennessee 11 $ 3,885,000 $ 353,181 $ 135,000
Davis, Utah 11 $ 4,705,000 $ 427,727 $ 154,000
Chesterfield, Virginia 11 $ 4,235,000 $ 385,000 $ 138,000
Coconino, Arizona 10 $ 4,050,000 $ 405,000 $ 165,000
Kern, California 10 $ 2,160,000 $ 216,000 $ 120,000
Solano, California 10 $ 4,750,000 $ 475,000 $ 200,000
Chatham, Georgia 10 $ 3,320,000 $ 332,000 $ 172,000
Henry, Georgia 10 $ 2,440,000 $ 244,000 $ 146,000
McHenry, Illinois 10 $ 3,310,000 $ 331,000 $ 180,000
Frederick, Maryland 10 $ 4,290,000 $ 429,000 $ 228,000
Plymouth, Massachusetts 10 $ 3,330,000 $ 333,000 $ 185,000
Anoka, Minnesota 10 $ 3,120,000 $ 312,000 $ 103,000
Atlantic, New Jersey 10 $ 2,510,000 $ 251,000 $ 173,000
Camden, New Jersey 10 $ 3,360,000 $ 336,000 $ 136,000
Onondaga, New York 10 $ 2,160,000 $ 216,000 $ 186,000
Johnston, North Carolina 10 $ 2,790,000 $ 279,000 $ 144,000
Lake, Ohio 10 $ 2,560,000 $ 256,000 $ 163,000
Berks, Pennsylvania 10 $ 2,730,000 $ 273,000 $ 129,000
Northampton, Pennsylvania 10 $ 3,740,000 $ 374,000 $ 138,000
Beaufort, South Carolina 10 $ 3,830,000 $ 383,000 $ 136,000
Richmond City, Virginia 10 $ 3,070,000 $ 307,000 $ 115,000
Baldwin, Alabama 9 $ 3,355,000 $ 372,777 $ 147,000
Pulaski, Arkansas 9 $ 2,575,000 $ 286,111 $ 125,000
Fresno, California 9 $ 2,585,000 $ 287,222 $ 120,000
Larimer, Colorado 9 $ 4,425,000 $ 491,666 $ 257,000
Ada, Idaho 9 $ 3,425,000 $ 380,555 $ 157,000
Johnson, Indiana 9 $ 1,955,000 $ 217,222 $ 89,000
Bristol, Massachusetts 9 $ 2,735,000 $ 303,888 $ 96,000
Hampden, Massachusetts 9 $ 2,825,000 $ 313,888 $ 124,000
Kent, Michigan 9 $ 2,525,000 $ 280,555 $ 140,000
Yellowstone, Montana 9 $ 3,385,000 $ 376,111 $ 185,000
Douglas, Nebraska 9 $ 2,215,000 $ 246,111 $ 185,000
New Hanover, North Carolina 9 $ 3,215,000 $ 357,222 $ 154,000
Onslow, North Carolina 9 $ 1,235,000 $ 137,222 $ 72,000
Orange, North Carolina 9 $ 2,875,000 $ 319,444 $ 194,000
Delaware, Ohio 9 $ 2,575,000 $ 286,111 $ 128,000
Greene, Ohio 9 $ 1,925,000 $ 213,888 $ 111,000
Lucas, Ohio 9 $ 2,085,000 $ 231,666 $ 117,000
Stark, Ohio 9 $ 2,235,000 $ 248,333 $ 94,000
Summit, Ohio 9 $ 2,155,000 $ 239,444 $ 125,000
Deschutes, Oregon 9 $ 3,915,000 $ 435,000 $ 129,000
Luzerne, Pennsylvania 9 $ 1,555,000 $ 172,777 $ 110,000
Wilson, Tennessee 9 $ 3,675,000 $ 408,333 $ 140,000
Hidalgo, Texas 9 $ 2,365,000 $ 262,777 $ 140,000
Johnson, Texas 9 $ 2,975,000 $ 330,555 $ 136,000
Waukesha, Wisconsin 9 $ 3,065,000 $ 340,555 $ 214,000
Tulare, California 8 $ 2,390,000 $ 298,750 $ 119,000
Weld, Colorado 8 $ 3,250,000 $ 406,250 $ 200,000
Litchfield, Connecticut 8 $ 3,010,000 $ 376,250 $ 160,000
Middlesex, Connecticut 8 $ 1,840,000 $ 230,000 $ 141,000
Bay, Florida 8 $ 2,420,000 $ 302,500 $ 155,000
Citrus, Florida 8 $ 1,690,000 $ 211,250 $ 98,000
Escambia, Florida 8 $ 2,010,000 $ 251,250 $ 100,000
Leon, Florida 8 $ 1,950,000 $ 243,750 $ 116,000
Santa Rosa, Florida 8 $ 2,720,000 $ 340,000 $ 114,000
Clayton, Georgia 8 $ 1,270,000 $ 158,750 $ 86,000
Allen, Indiana 8 $ 1,720,000 $ 215,000 $ 102,000
York, Maine 8 $ 2,230,000 $ 278,750 $ 113,000
Barnstable, Massachusetts 8 $ 3,320,000 $ 415,000 $ 184,000
St. Louis City, Missouri 8 $ 1,510,000 $ 188,750 $ 163,000
Lancaster, Nebraska 8 $ 1,910,000 $ 238,750 $ 111,000
Butler, Ohio 8 $ 1,750,000 $ 218,750 $ 108,000
Canadian, Oklahoma 8 $ 1,800,000 $ 225,000 $ 181,000
Lehigh, Pennsylvania 8 $ 2,350,000 $ 293,750 $ 182,000
Bell, Texas 8 $ 1,650,000 $ 206,250 $ 125,000
Ellis, Texas 8 $ 2,390,000 $ 298,750 $ 127,000
Midland, Texas 8 $ 4,290,000 $ 536,250 $ 216,000
Rockwall, Texas 8 $ 2,550,000 $ 318,750 $ 174,000
Kitsap, Washington 8 $ 2,290,000 $ 286,250 $ 179,000
Tuscaloosa, Alabama 7 $ 2,015,000 $ 287,857 $ 152,000
San Luis Obispo, California 7 $ 2,845,000 $ 406,428 $ 153,000
Yuba, California 7 $ 5,475,000 $ 782,142 $ 130,000
Adams, Colorado 7 $ 2,285,000 $ 326,428 $ 126,000
Boulder, Colorado 7 $ 4,145,000 $ 592,142 $ 655,000
Columbia, Georgia 7 $ 2,355,000 $ 336,428 $ 127,000
Fayette, Georgia 7 $ 1,775,000 $ 253,571 $ 122,000
Walton, Georgia 7 $ 2,525,000 $ 360,714 $ 204,000
Canyon, Idaho 7 $ 1,965,000 $ 280,714 $ 109,000
Kalamazoo, Michigan 7 $ 1,595,000 $ 227,857 $ 118,000
Ottawa, Michigan 7 $ 1,545,000 $ 220,714 $ 127,000
Lewis and Clark, Montana 7 $ 1,845,000 $ 263,571 $ 132,000
Merrimack, New Hampshire 7 $ 1,535,000 $ 219,285 $ 115,000
Dutchess, New York 7 $ 2,705,000 $ 386,428 $ 174,000
New York, New York 7 $ 6,255,000 $ 893,571 $ 331,000
Orange, New York 7 $ 3,205,000 $ 457,857 $ 144,000
Putnam, New York 7 $ 2,765,000 $ 395,000 $ 301,000
Alamance, North Carolina 7 $ 1,715,000 $ 245,000 $ 100,000
Cumberland, North Carolina 7 $ 945,000 $ 135,000 $ 81,000
Lincoln, North Carolina 7 $ 2,585,000 $ 369,285 $ 145,000
Wood, Ohio 7 $ 1,865,000 $ 266,428 $ 188,000
Lane, Oregon 7 $ 2,885,000 $ 412,142 $ 190,000
Blount, Tennessee 7 $ 1,645,000 $ 235,000 $ 313,000
Roanoke City, Virginia 7 $ 1,555,000 $ 222,142 $ 101,000
Anchorage, Alaska 6 $ 1,760,000 $ 293,333 $ 129,000
Faulkner, Arkansas 6 $ 2,090,000 $ 348,333 $ 152,000
Kent, Delaware 6 $ 2,000,000 $ 333,333 $ 142,000
Flagler, Florida 6 $ 2,040,000 $ 340,000 $ 146,000
Martin, Florida 6 $ 2,700,000 $ 450,000 $ 160,000
Coweta, Georgia 6 $ 2,410,000 $ 401,666 $ 207,000
Hall, Georgia 6 $ 1,870,000 $ 311,666 $ 146,000
Paulding, Georgia 6 $ 1,740,000 $ 290,000 $ 165,000
Richmond, Georgia 6 $ 740,000 $ 123,333 $ 98,000
Kendall, Illinois 6 $ 2,230,000 $ 371,666 $ 130,000
Madison, Indiana 6 $ 880,000 $ 146,666 $ 143,000
Tippecanoe, Indiana 6 $ 950,000 $ 158,333 $ 146,000
Shawnee, Kansas 6 $ 1,200,000 $ 200,000 $ 96,000
Wicomico, Maryland 6 $ 2,130,000 $ 355,000 $ 124,000
Wright, Minnesota 6 $ 1,680,000 $ 280,000 $ 145,000
Sussex, New Jersey 6 $ 2,100,000 $ 350,000 $ 147,000
Sandoval, New Mexico 6 $ 1,800,000 $ 300,000 $ 101,000
Santa Fe, New Mexico 6 $ 3,390,000 $ 565,000 $ 221,000
Bronx, New York 6 $ 2,510,000 $ 418,333 $ 196,000
Brunswick, North Carolina 6 $ 2,000,000 $ 333,333 $ 145,000
Chatham, North Carolina 6 $ 2,880,000 $ 480,000 $ 267,000
Dare, North Carolina 6 $ 2,630,000 $ 438,333 $ 251,000
Moore, North Carolina 6 $ 2,780,000 $ 463,333 $ 221,000
Rowan, North Carolina 6 $ 2,000,000 $ 333,333 $ 104,000
Washington, Pennsylvania 6 $ 1,500,000 $ 250,000 $ 107,000
Pickens, South Carolina 6 $ 1,430,000 $ 238,333 $ 112,000
Hamblen, Tennessee 6 $ 1,450,000 $ 241,666 $ 95,000
Washington, Tennessee 6 $ 2,000,000 $ 333,333 $ 209,000
Brazos, Texas 6 $ 2,350,000 $ 391,666 $ 145,000
Cameron, Texas 6 $ 1,080,000 $ 180,000 $ 95,000
Kaufman, Texas 6 $ 2,090,000 $ 348,333 $ 156,000
Parker, Texas 6 $ 1,400,000 $ 233,333 $ 85,000
Smith, Texas 6 $ 1,700,000 $ 283,333 $ 141,000
Chesapeake, Virginia 6 $ 2,280,000 $ 380,000 $ 169,000
Norfolk, Virginia 6 $ 1,810,000 $ 301,666 $ 119,000
Shelby, Alabama 5 $ 1,875,000 $ 375,000 $ 151,000
Sebastian, Arkansas 5 $ 1,305,000 $ 261,000 $ 99,000
El Dorado, California 5 $ 3,315,000 $ 663,000 $ 327,000
Monterey, California 5 $ 2,475,000 $ 495,000 $ 293,000
Nevada, California 5 $ 2,115,000 $ 423,000 $ 297,000
Shasta, California 5 $ 1,695,000 $ 339,000 $ 174,000
Yolo, California 5 $ 3,075,000 $ 615,000 $ 283,000
Tolland, Connecticut 5 $ 1,675,000 $ 335,000 $ 154,000
Clay, Florida 5 $ 1,435,000 $ 287,000 $ 230,000
Nassau, Florida 5 $ 1,915,000 $ 383,000 $ 162,000
Sumter, Florida 5 $ 2,095,000 $ 419,000 $ 166,000
Barrow, Georgia 5 $ 1,855,000 $ 371,000 $ 115,000
Douglas, Georgia 5 $ 1,225,000 $ 245,000 $ 133,000
Floyd, Georgia 5 $ 905,000 $ 181,000 $ 110,000
Muscogee, Georgia 5 $ 1,015,000 $ 203,000 $ 121,000
DeKalb, Illinois 5 $ 1,005,000 $ 201,000 $ 120,000
McLean, Illinois 5 $ 1,245,000 $ 249,000 $ 132,000
Peoria, Illinois 5 $ 1,335,000 $ 267,000 $ 155,000
Elkhart, Indiana 5 $ 1,095,000 $ 219,000 $ 80,000
LaPorte, Indiana 5 $ 1,195,000 $ 239,000 $ 143,000
Monroe, Indiana 5 $ 1,095,000 $ 219,000 $ 113,000
Polk, Iowa 5 $ 1,105,000 $ 221,000 $ 119,000
Leavenworth, Kansas 5 $ 1,025,000 $ 205,000 $ 97,000
Wyandotte, Kansas 5 $ 815,000 $ 163,000 $ 96,000
Kenton, Kentucky 5 $ 1,145,000 $ 229,000 $ 189,000
Madison, Kentucky 5 $ 1,395,000 $ 279,000 $ 181,000
Lincoln, Maine 5 $ 2,005,000 $ 401,000 $ 158,000
Carroll, Maryland 5 $ 2,045,000 $ 409,000 $ 237,000
Washington, Maryland 5 $ 1,375,000 $ 275,000 $ 119,000
Worcester, Maryland 5 $ 1,915,000 $ 383,000 $ 242,000
Allegan, Michigan 5 $ 1,825,000 $ 365,000 $ 240,000
Berrien, Michigan 5 $ 1,045,000 $ 209,000 $ 233,000
Jackson, Michigan 5 $ 1,135,000 $ 227,000 $ 144,000
Platte, Missouri 5 $ 1,285,000 $ 257,000 $ 112,000
Cape May, New Jersey 5 $ 1,355,000 $ 271,000 $ 136,000
Broome, New York 5 $ 775,000 $ 155,000 $ 186,000
Catawba, North Carolina 5 $ 1,635,000 $ 327,000 $ 429,000
Harnett, North Carolina 5 $ 1,245,000 $ 249,000 $ 119,000
Haywood, North Carolina 5 $ 2,055,000 $ 411,000 $ 107,000
Tillamook, Oregon 5 $ 2,615,000 $ 523,000 $ 242,000
Lackawanna, Pennsylvania 5 $ 895,000 $ 179,000 $ 99,000
Lebanon, Pennsylvania 5 $ 945,000 $ 189,000 $ 118,000
Washington, Rhode Island 5 $ 1,635,000 $ 327,000 $ 127,000
Anderson, South Carolina 5 $ 1,555,000 $ 311,000 $ 161,000
Chester, South Carolina 5 $ 1,245,000 $ 249,000 $ 150,000
Oconee, South Carolina 5 $ 1,455,000 $ 291,000 $ 237,000
Spartanburg, South Carolina 5 $ 975,000 $ 195,000 $ 103,000
Bradley, Tennessee 5 $ 845,000 $ 169,000 $ 249,000
Sullivan, Tennessee 5 $ 1,375,000 $ 275,000 $ 102,000
Williamson, Tennessee 5 $ 3,475,000 $ 695,000 $ 233,000
Grayson, Texas 5 $ 1,625,000 $ 325,000 $ 186,000
Alexandria, Virginia 5 $ 2,125,000 $ 425,000 $ 163,000
Skagit, Washington 5 $ 2,495,000 $ 499,000 $ 185,000
Berkeley, West Virginia 5 $ 885,000 $ 177,000 $ 87,000
Jefferson, West Virginia 5 $ 1,415,000 $ 283,000 $ 151,000
Outagamie, Wisconsin 5 $ 1,465,000 $ 293,000 $ 136,000
Ozaukee, Wisconsin 5 $ 1,395,000 $ 279,000 $ 147,000
Lee, Alabama 4 $ 1,210,000 $ 302,500 $ 135,000
Limestone, Alabama 4 $ 1,300,000 $ 325,000 $ 125,000
Montgomery, Alabama 4 $ 900,000 $ 225,000 $ 129,000
Yavapai, Arizona 4 $ 1,100,000 $ 275,000 $ 178,000
Calaveras, California 4 $ 1,620,000 $ 405,000 $ 289,000
Humboldt, California 4 $ 1,890,000 $ 472,500 $ 185,000
Lake, California 4 $ 980,000 $ 245,000 $ 142,000
Santa Barbara, California 4 $ 2,330,000 $ 582,500 $ 168,000
Santa Cruz, California 4 $ 2,960,000 $ 740,000 $ 270,000
Mesa, Colorado 4 $ 920,000 $ 230,000 $ 191,000
Windham, Connecticut 4 $ 730,000 $ 182,500 $ 94,000
Hernando, Florida 4 $ 880,000 $ 220,000 $ 159,000
Bryan, Georgia 4 $ 1,640,000 $ 410,000 $ 166,000
Gilmer, Georgia 4 $ 510,000 $ 127,500 $ 69,000
Glynn, Georgia 4 $ 1,690,000 $ 422,500 $ 184,000
Hart, Georgia 4 $ 1,020,000 $ 255,000 $ 207,000
Newton, Georgia 4 $ 1,310,000 $ 327,500 $ 138,000
Walker, Georgia 4 $ 1,170,000 $ 292,500 $ 155,000
Kankakee, Illinois 4 $ 910,000 $ 227,500 $ 123,000
LaSalle, Illinois 4 $ 680,000 $ 170,000 $ 102,000
Rock Island, Illinois 4 $ 680,000 $ 170,000 $ 176,000
St. Clair, Illinois 4 $ 830,000 $ 207,500 $ 163,000
Winnebago, Illinois 4 $ 730,000 $ 182,500 $ 93,000
Hancock, Indiana 4 $ 1,310,000 $ 327,500 $ 170,000
Howard, Indiana 4 $ 690,000 $ 172,500 $ 123,000
Barren, Kentucky 4 $ 750,000 $ 187,500 $ 83,000
Daviess, Kentucky 4 $ 420,000 $ 105,000 $ 84,000
Bossier, Louisiana 4 $ 910,000 $ 227,500 $ 145,000
Caddo, Louisiana 4 $ 430,000 $ 107,500 $ 101,000
Calcasieu, Louisiana 4 $ 1,470,000 $ 367,500 $ 153,000
Cecil, Maryland 4 $ 1,110,000 $ 277,500 $ 88,000
Hampshire, Massachusetts 4 $ 680,000 $ 170,000 $ 143,000
Genesee, Michigan 4 $ 600,000 $ 150,000 $ 50,000
Washtenaw, Michigan 4 $ 1,600,000 $ 400,000 $ 216,000
Scott, Minnesota 4 $ 1,400,000 $ 350,000 $ 138,000
St. Louis, Minnesota 4 $ 740,000 $ 185,000 $ 145,000
Washington, Minnesota 4 $ 1,370,000 $ 342,500 $ 217,000
Barry, Missouri 4 $ 1,040,000 $ 260,000 $ 133,000
Franklin, Missouri 4 $ 1,560,000 $ 390,000 $ 161,000
Greene, Missouri 4 $ 900,000 $ 225,000 $ 83,000
Scotts Bluff, Nebraska 4 $ 680,000 $ 170,000 $ 81,000
Hunterdon, New Jersey 4 $ 1,850,000 $ 462,500 $ 174,000
Dona Ana, New Mexico 4 $ 740,000 $ 185,000 $ 243,000
Carteret, North Carolina 4 $ 1,400,000 $ 350,000 $ 132,000
Davidson, North Carolina 4 $ 1,680,000 $ 420,000 $ 275,000
Franklin, North Carolina 4 $ 1,030,000 $ 257,500 $ 140,000
Clermont, Ohio 4 $ 1,060,000 $ 265,000 $ 149,000
Mahoning, Ohio 4 $ 690,000 $ 172,500 $ 248,000
Medina, Ohio 4 $ 940,000 $ 235,000 $ 140,000
Portage, Ohio 4 $ 590,000 $ 147,500 $ 101,000
Washington, Ohio 4 $ 1,200,000 $ 300,000 $ 231,000
Creek, Oklahoma 4 $ 500,000 $ 125,000 $ 70,000
Rogers, Oklahoma 4 $ 1,390,000 $ 347,500 $ 90,000
Marion, Oregon 4 $ 1,730,000 $ 432,500 $ 242,000
Polk, Oregon 4 $ 1,900,000 $ 475,000 $ 200,000
Blair, Pennsylvania 4 $ 570,000 $ 142,500 $ 81,000
Fayette, Pennsylvania 4 $ 830,000 $ 207,500 $ 101,000
Lawrence, Pennsylvania 4 $ 410,000 $ 102,500 $ 129,000
Lycoming, Pennsylvania 4 $ 990,000 $ 247,500 $ 150,000
Snyder, Pennsylvania 4 $ 550,000 $ 137,500 $ 215,000
Kent, Rhode Island 4 $ 1,840,000 $ 460,000 $ 178,000
Loudon, Tennessee 4 $ 1,450,000 $ 362,500 $ 101,000
Sevier, Tennessee 4 $ 1,930,000 $ 482,500 $ 161,000
Jefferson, Texas 4 $ 980,000 $ 245,000 $ 133,000
Randall, Texas 4 $ 1,040,000 $ 260,000 $ 112,000
Waller, Texas 4 $ 1,490,000 $ 372,500 $ 237,000
Windsor, Vermont 4 $ 1,120,000 $ 280,000 $ 162,000
Arlington, Virginia 4 $ 2,720,000 $ 680,000 $ 182,000
Culpeper, Virginia 4 $ 2,140,000 $ 535,000 $ 187,000
Frederick, Virginia 4 $ 1,310,000 $ 327,500 $ 152,000
Gloucester, Virginia 4 $ 1,630,000 $ 407,500 $ 183,000
Newport News, Virginia 4 $ 790,000 $ 197,500 $ 145,000
Stafford, Virginia 4 $ 980,000 $ 245,000 $ 125,000
Mason, Washington 4 $ 1,450,000 $ 362,500 $ 142,000
Thurston, Washington 4 $ 1,570,000 $ 392,500 $ 121,000
Yakima, Washington 4 $ 1,070,000 $ 267,500 $ 121,000
Winnebago, Wisconsin 4 $ 1,300,000 $ 325,000 $ 207,000
Campbell, Wyoming 4 $ 790,000 $ 197,500 $ 69,000
Laramie, Wyoming 4 $ 1,650,000 $ 412,500 $ 214,000
Hot Spring, Arkansas 3 $ 185,000 $ 61,666 $ 66,000
Butte, California 3 $ 805,000 $ 268,333 $ 104,000
Marin, California 3 $ 2,295,000 $ 765,000 $ 254,000
Merced, California 3 $ 1,045,000 $ 348,333 $ 125,000
Napa, California 3 $ 2,055,000 $ 685,000 $ 192,000
Sonoma, California 3 $ 3,125,000 $ 1,041,666 $ 508,000
Fremont, Colorado 3 $ 775,000 $ 258,333 $ 78,000
Garfield, Colorado 3 $ 1,215,000 $ 405,000 $ 121,000
La Plata, Colorado 3 $ 3,215,000 $ 1,071,666 $ 480,000
Park, Colorado 3 $ 1,425,000 $ 475,000 $ 123,000
Pueblo, Colorado 3 $ 945,000 $ 315,000 $ 87,000
Sussex, Delaware 3 $ 1,665,000 $ 555,000 $ 270,000
Indian River, Florida 3 $ 965,000 $ 321,666 $ 137,000
Monroe, Florida 3 $ 1,825,000 $ 608,333 $ 273,000
Wakulla, Florida 3 $ 515,000 $ 171,666 $ 101,000
Walton, Florida 3 $ 1,285,000 $ 428,333 $ 205,000
Bulloch, Georgia 3 $ 895,000 $ 298,333 $ 112,000
Carroll, Georgia 3 $ 725,000 $ 241,666 $ 88,000
Gordon, Georgia 3 $ 525,000 $ 175,000 $ 82,000
Houston, Georgia 3 $ 525,000 $ 175,000 $ 157,000
Jackson, Georgia 3 $ 1,075,000 $ 358,333 $ 154,000
Laurens, Georgia 3 $ 615,000 $ 205,000 $ 106,000
Murray, Georgia 3 $ 725,000 $ 241,666 $ 104,000
Troup, Georgia 3 $ 695,000 $ 231,666 $ 187,000
Madison, Illinois 3 $ 795,000 $ 265,000 $ 230,000
Bartholomew, Indiana 3 $ 415,000 $ 138,333 $ 172,000
Boone, Indiana 3 $ 1,105,000 $ 368,333 $ 167,000
Clark, Indiana 3 $ 615,000 $ 205,000 $ 116,000
Hendricks, Indiana 3 $ 655,000 $ 218,333 $ 125,000
Porter, Indiana 3 $ 945,000 $ 315,000 $ 350,000
Linn, Iowa 3 $ 745,000 $ 248,333 $ 106,000
Plymouth, Iowa 3 $ 505,000 $ 168,333 $ 101,000
Butler, Kansas 3 $ 605,000 $ 201,666 $ 113,000
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Mortgage Loan Application Detail Totals for Sofi Bank, National Association in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 5,440 $2,191,470,000 $402,000 $7,005,000 $191,000 $3,750,000
Cash-out Refinancing 1,974 $592,420,000 $300,000 $2,205,000 $142,000 $2,856,000
Other Purpose 659 $163,115,000 $247,000 $3,005,000 $169,000 $3,480,000
Refinancing 270 $100,160,000 $370,000 $1,715,000 $187,000 $2,298,000
Home Improvement 143 $25,345,000 $177,000 $975,000 $118,000 $845,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 4,467 $1,551,065,000 $347,000 $7,005,000 $173,000 $3,600,000
Not Provided 1,611 $599,475,000 $372,000 $4,055,000 $184,000 $3,300,000
Asian 892 $412,680,000 $462,000 $2,165,000 $216,000 $3,750,000
Hispanic 812 $285,640,000 $351,000 $2,205,000 $157,000 $1,646,000
Black or African American 583 $180,745,000 $310,000 $1,525,000 $153,000 $2,856,000
American Indian or Alaskan Native 100 $29,080,000 $290,000 $2,435,000 $165,000 $2,640,000
Native Hawaiian or Other Pacific Islander 10 $3,120,000 $312,000 $535,000 $144,000 $247,000
Not applicable 9 $10,335,000 $1,148,000 $1,965,000 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 7,579 $2,770,625,000 $365,000 $7,005,000 $183,000 $3,750,000
FHA-insured (Federal Housing Administration) 643 $196,385,000 $305,000 $1,045,000 $115,000 $660,000
VA-guaranteed (Veterans Administration) 264 $105,500,000 $399,000 $1,425,000 $146,000 $600,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 2,776 $1,016,230,000 $366,000 $1,965,000 $175,000 $2,178,000
Application Withdrawn By Applicant 2,342 $890,520,000 $380,000 $2,435,000 $191,000 $3,750,000
File Closed For Incompleteness 1,985 $728,775,000 $367,000 $7,005,000 $180,000 $3,600,000
Application Denied By Financial Institution 1,340 $423,390,000 $315,000 $4,055,000 $149,000 $3,480,000
Application Approved But Not Accepted 43 $13,595,000 $316,000 $655,000 $169,000 $536,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 7,146 $2,649,120,000 $370,000 $7,005,000 $182,000 $3,750,000
Credit Application Incomplete 410 $147,440,000 $359,000 $3,005,000 $210,000 $3,480,000
Debt-To-Income Ratio 359 $118,035,000 $328,000 $1,805,000 $93,000 $900,000
Credit History 284 $77,180,000 $271,000 $4,055,000 $124,000 $1,207,000
Collateral 162 $41,950,000 $258,000 $905,000 $148,000 $1,248,000
Unverifiable Information 50 $15,340,000 $306,000 $985,000 $129,000 $1,125,000
Other 38 $10,910,000 $287,000 $1,275,000 $226,000 $2,640,000
Insufficient Cash (Downpayment, Closing Cost) 22 $7,150,000 $325,000 $725,000 $158,000 $615,000
Employment History 15 $5,385,000 $359,000 $1,395,000 $144,000 $540,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sofi Bank, National Association's 2023 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Sofi Bank, National Association's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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