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records Sofi Bank, National Association filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 823 | $ 217,155,000 | $ 263,857 | $ 145,974 |
| Charlotte-Concord-Gastonia, NC-SC | 323 | $ 122,915,000 | $ 380,541 | $ 162,114 |
| Atlanta-Sandy Springs-Roswell, GA | 301 | $ 111,005,000 | $ 368,787 | $ 181,000 |
| Dallas-Plano-Irving, TX | 241 | $ 102,475,000 | $ 425,207 | $ 205,000 |
| Houston-The Woodlands-Sugar Land, TX | 241 | $ 86,825,000 | $ 360,269 | $ 173,000 |
| Chicago-Naperville, IL | 184 | $ 66,340,000 | $ 360,543 | $ 206,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 161 | $ 80,415,000 | $ 499,472 | $ 242,627 |
| New York-Jersey City-White Plains, NY-NJ | 141 | $ 80,905,000 | $ 573,794 | $ 260,184 |
| Austin-Round Rock, TX | 140 | $ 65,000,000 | $ 464,285 | $ 213,000 |
| Los Angeles-Long Beach-Glendale, CA | 136 | $ 83,950,000 | $ 617,279 | $ 218,000 |
| Tampa-St. Petersburg-Clearwater, FL | 121 | $ 41,015,000 | $ 338,966 | $ 156,000 |
| Phoenix-Mesa-Scottsdale, AZ | 113 | $ 42,265,000 | $ 374,026 | $ 188,000 |
| New York-Newark, NY | 105 | $ 44,945,000 | $ 428,047 | $ 197,133 |
| Riverside-San Bernardino-Ontario, CA | 103 | $ 40,095,000 | $ 389,271 | $ 163,000 |
| Orlando-Kissimmee-Sanford, FL | 98 | $ 38,550,000 | $ 393,367 | $ 188,000 |
| Seattle-Bellevue-Everett, WA | 96 | $ 53,820,000 | $ 560,625 | $ 234,000 |
| Baltimore-Columbia-Towson, MD | 94 | $ 29,570,000 | $ 314,574 | $ 183,000 |
| Raleigh, NC | 93 | $ 37,955,000 | $ 408,118 | $ 192,000 |
| Fort Worth-Arlington, TX | 91 | $ 28,275,000 | $ 310,714 | $ 149,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 88 | $ 30,170,000 | $ 342,840 | $ 186,000 |
| Denver-Aurora-Lakewood, CO | 87 | $ 42,195,000 | $ 485,000 | $ 202,000 |
| Las Vegas-Henderson-Paradise, NV | 86 | $ 29,460,000 | $ 342,558 | $ 167,000 |
| Indianapolis-Carmel-Anderson, IN | 82 | $ 21,100,000 | $ 257,317 | $ 131,000 |
| Montgomery County-Bucks County-Chester County, PA | 82 | $ 35,570,000 | $ 433,780 | $ 239,000 |
| Newark, NJ-PA | 79 | $ 38,315,000 | $ 485,000 | $ 214,632 |
| Pittsburgh, PA | 78 | $ 20,190,000 | $ 258,846 | $ 137,000 |
| Miami-Miami Beach-Kendall, FL | 77 | $ 33,905,000 | $ 440,324 | $ 186,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 72 | $ 24,370,000 | $ 338,472 | $ 206,000 |
| Jacksonville, FL | 72 | $ 25,030,000 | $ 347,638 | $ 173,000 |
| Oakland-Hayward-Berkeley, CA | 70 | $ 51,410,000 | $ 734,428 | $ 270,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 70 | $ 33,050,000 | $ 472,142 | $ 191,000 |
| Cleveland-Elyria, OH | 68 | $ 17,580,000 | $ 258,529 | $ 160,000 |
| Philadelphia, PA | 67 | $ 18,055,000 | $ 269,477 | $ 159,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 66 | $ 28,690,000 | $ 434,696 | $ 173,515 |
| San Antonio-New Braunfels, TX | 66 | $ 19,670,000 | $ 298,030 | $ 159,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 63 | $ 26,795,000 | $ 425,317 | $ 160,000 |
| St. Louis, MO-IL | 60 | $ 19,090,000 | $ 318,166 | $ 194,066 |
| Columbus, OH | 56 | $ 16,300,000 | $ 291,071 | $ 144,000 |
| Kansas City, MO-KS | 55 | $ 17,595,000 | $ 319,909 | $ 147,090 |
| Oklahoma City, OK | 55 | $ 15,525,000 | $ 282,272 | $ 204,000 |
| San Diego-Carlsbad, CA | 51 | $ 27,545,000 | $ 540,098 | $ 173,000 |
| North Port-Sarasota-Bradenton, FL | 50 | $ 18,040,000 | $ 360,800 | $ 151,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 49 | $ 20,655,000 | $ 421,530 | $ 175,000 |
| Cincinnati, OH-KY-IN | 47 | $ 13,815,000 | $ 293,936 | $ 147,851 |
| Warren-Troy-Farmington Hills, MI | 46 | $ 14,690,000 | $ 319,347 | $ 168,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 44 | $ 13,190,000 | $ 299,772 | $ 145,613 |
| Cambridge-Newton-Framingham, MA | 43 | $ 22,345,000 | $ 519,651 | $ 209,000 |
| Camden, NJ | 43 | $ 16,165,000 | $ 375,930 | $ 150,000 |
| Richmond, VA | 40 | $ 12,860,000 | $ 321,500 | $ 156,000 |
| Boston, MA | 39 | $ 17,675,000 | $ 453,205 | $ 242,000 |
| Columbia, SC | 38 | $ 8,060,000 | $ 212,105 | $ 119,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 38 | $ 12,350,000 | $ 325,000 | $ 116,000 |
| Durham-Chapel Hill, NC | 37 | $ 13,205,000 | $ 356,891 | $ 179,000 |
| Charleston-North Charleston, SC | 36 | $ 12,010,000 | $ 333,611 | $ 146,000 |
| Knoxville, TN | 35 | $ 10,715,000 | $ 306,142 | $ 186,000 |
| Lake County-Kenosha County, IL-WI | 35 | $ 13,585,000 | $ 388,142 | $ 187,400 |
| Nassau County-Suffolk County, NY | 34 | $ 20,430,000 | $ 600,882 | $ 247,000 |
| Washington-Baltimore-Arlington, DC | 34 | $ 15,700,000 | $ 461,764 | $ 186,000 |
| Anaheim-Santa Ana-Irvine, CA | 32 | $ 22,680,000 | $ 708,750 | $ 360,000 |
| Greenville-Anderson-Mauldin, SC | 32 | $ 9,950,000 | $ 310,937 | $ 138,000 |
| Providence-Warwick, RI-MA | 32 | $ 10,370,000 | $ 324,062 | $ 137,687 |
| Chattanooga, TN-GA | 30 | $ 9,500,000 | $ 316,666 | $ 142,166 |
| Milwaukee-Waukesha-West Allis, WI | 30 | $ 8,530,000 | $ 284,333 | $ 186,000 |
| New Orleans-Metairie, LA | 30 | $ 10,230,000 | $ 341,000 | $ 184,000 |
| Salt Lake City, UT | 30 | $ 13,860,000 | $ 462,000 | $ 167,000 |
| Tucson, AZ | 30 | $ 10,500,000 | $ 350,000 | $ 171,000 |
| Tulsa, OK | 30 | $ 7,700,000 | $ 256,666 | $ 115,000 |
| Bridgeport-Stamford-Norwalk, CT | 29 | $ 13,335,000 | $ 459,827 | $ 259,000 |
| Hartford-West Hartford-East Hartford, CT | 29 | $ 9,165,000 | $ 316,034 | $ 288,000 |
| Louisville/Jefferson County, KY-IN | 29 | $ 7,595,000 | $ 261,896 | $ 129,827 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 29 | $ 8,295,000 | $ 286,034 | $ 163,241 |
| San Jose-Sunnyvale-Santa Clara, CA | 29 | $ 21,035,000 | $ 725,344 | $ 321,000 |
| Wilmington, DE-MD-NJ | 29 | $ 10,195,000 | $ 351,551 | $ 167,931 |
| San Francisco-Redwood City-South San Francisco, CA | 28 | $ 21,830,000 | $ 779,642 | $ 357,000 |
| Greensboro-High Point, NC | 27 | $ 6,555,000 | $ 242,777 | $ 137,000 |
| Huntsville, AL | 27 | $ 8,715,000 | $ 322,777 | $ 142,000 |
| Cape Coral-Fort Myers, FL | 26 | $ 8,710,000 | $ 335,000 | $ 159,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 26 | $ 7,640,000 | $ 293,846 | $ 134,000 |
| Port St. Lucie, FL | 26 | $ 8,980,000 | $ 345,384 | $ 233,000 |
| Elgin, IL | 25 | $ 7,845,000 | $ 313,800 | $ 137,000 |
| Dayton-Springfield-Kettering, OH | 24 | $ 12,060,000 | $ 502,500 | $ 266,000 |
| Detroit-Dearborn-Livonia, MI | 24 | $ 5,770,000 | $ 240,416 | $ 122,000 |
| Albuquerque, NM | 23 | $ 7,795,000 | $ 338,913 | $ 202,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 22 | $ 7,110,000 | $ 323,181 | $ 156,409 |
| Birmingham-Hoover, AL | 22 | $ 8,560,000 | $ 389,090 | $ 195,000 |
| New Haven-Milford, CT | 22 | $ 6,510,000 | $ 295,909 | $ 227,000 |
| Palm Bay-Melbourne-Titusville, FL | 22 | $ 6,420,000 | $ 291,818 | $ 132,000 |
| Memphis, TN-MS-AR | 21 | $ 5,075,000 | $ 241,666 | $ 109,761 |
| Worcester, MA-CT | 21 | $ 6,885,000 | $ 327,857 | $ 132,857 |
| Asheville, NC | 20 | $ 7,330,000 | $ 366,500 | $ 155,000 |
| Baton Rouge, LA | 20 | $ 5,770,000 | $ 288,500 | $ 149,000 |
| Lexington-Fayette, KY | 20 | $ 6,210,000 | $ 310,500 | $ 170,000 |
| Ocala, FL | 20 | $ 4,860,000 | $ 243,000 | $ 137,000 |
| Portland-South Portland, ME | 20 | $ 5,730,000 | $ 286,500 | $ 148,000 |
| Wichita, KS | 20 | $ 3,740,000 | $ 187,000 | $ 173,000 |
| Winston-Salem, NC | 20 | $ 5,750,000 | $ 287,500 | $ 137,000 |
| Gary, IN | 19 | $ 4,545,000 | $ 239,210 | $ 149,000 |
| Tacoma-Lakewood, WA | 19 | $ 7,845,000 | $ 412,894 | $ 267,000 |
| Grand Rapids-Wyoming, MI | 18 | $ 4,470,000 | $ 248,333 | $ 130,000 |
| Little Rock-North Little Rock-Conway, AR | 18 | $ 5,310,000 | $ 295,000 | $ 128,000 |
| Manchester-Nashua, NH | 18 | $ 6,080,000 | $ 337,777 | $ 164,000 |
| Naples-Immokalee-Marco Island, FL | 18 | $ 7,560,000 | $ 420,000 | $ 185,000 |
| Provo-Orem, UT | 18 | $ 9,800,000 | $ 544,444 | $ 189,000 |
| Toledo, OH | 18 | $ 4,270,000 | $ 237,222 | $ 148,000 |
| El Paso, TX | 17 | $ 3,245,000 | $ 190,882 | $ 123,000 |
| Harrisburg-Carlisle, PA | 17 | $ 4,195,000 | $ 246,764 | $ 108,000 |
| Madison, WI | 17 | $ 5,855,000 | $ 344,411 | $ 165,000 |
| Augusta-Richmond County, GA-SC | 16 | $ 3,830,000 | $ 239,375 | $ 104,937 |
| Boise City, ID | 16 | $ 5,390,000 | $ 336,875 | $ 136,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 16 | $ 4,880,000 | $ 305,000 | $ 170,000 |
| Pensacola-Ferry Pass-Brent, FL | 16 | $ 4,730,000 | $ 295,625 | $ 107,000 |
| Stockton-Lodi, CA | 16 | $ 9,060,000 | $ 566,250 | $ 285,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 15 | $ 7,185,000 | $ 479,000 | $ 309,000 |
| Reno, NV | 15 | $ 6,295,000 | $ 419,666 | $ 197,000 |
| Savannah, GA | 15 | $ 5,335,000 | $ 355,666 | $ 167,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 15 | $ 2,605,000 | $ 173,666 | $ 104,000 |
| Trenton, NJ | 15 | $ 6,125,000 | $ 408,333 | $ 235,000 |
| Colorado Springs, CO | 14 | $ 4,640,000 | $ 331,428 | $ 132,000 |
| Fayetteville, NC | 14 | $ 2,630,000 | $ 187,857 | $ 105,000 |
| Gainesville, FL | 14 | $ 3,860,000 | $ 275,714 | $ 254,000 |
| Lakeland-Winter Haven, FL | 14 | $ 3,340,000 | $ 238,571 | $ 137,000 |
| Ogden-Clearfield, UT | 14 | $ 5,930,000 | $ 423,571 | $ 146,000 |
| Omaha-Council Bluffs, NE-IA | 14 | $ 3,290,000 | $ 235,000 | $ 159,428 |
| Punta Gorda, FL | 14 | $ 5,050,000 | $ 360,714 | $ 125,000 |
| Rochester, NY | 14 | $ 3,320,000 | $ 237,142 | $ 181,000 |
| Salisbury, MD-DE | 14 | $ 5,710,000 | $ 407,857 | $ 196,928 |
| Springfield, MA | 14 | $ 3,780,000 | $ 270,000 | $ 126,000 |
| Akron, OH | 13 | $ 2,745,000 | $ 211,153 | $ 117,000 |
| Corpus Christi, TX | 13 | $ 2,965,000 | $ 228,076 | $ 145,000 |
| Lancaster, PA | 13 | $ 3,045,000 | $ 234,230 | $ 110,000 |
| Mobile, AL | 13 | $ 3,435,000 | $ 264,230 | $ 215,000 |
| Rockingham County-Strafford County, NH | 13 | $ 5,465,000 | $ 420,384 | $ 297,000 |
| Spokane-Spokane Valley, WA | 13 | $ 4,615,000 | $ 355,000 | $ 177,000 |
| Tallahassee, FL | 13 | $ 3,065,000 | $ 235,769 | $ 114,000 |
| York-Hanover, PA | 13 | $ 3,375,000 | $ 259,615 | $ 122,000 |
| East Stroudsburg, PA | 12 | $ 2,760,000 | $ 230,000 | $ 184,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 12 | $ 4,350,000 | $ 362,500 | $ 122,000 |
| Roanoke, VA | 12 | $ 3,020,000 | $ 251,666 | $ 94,000 |
| South Bend-Mishawaka, IN-MI | 12 | $ 2,640,000 | $ 220,000 | $ 122,416 |
| Syracuse, NY | 12 | $ 2,640,000 | $ 220,000 | $ 174,000 |
| Waco, TX | 12 | $ 2,980,000 | $ 248,333 | $ 119,000 |
| Champaign-Urbana, IL | 11 | $ 2,235,000 | $ 203,181 | $ 259,000 |
| Hagerstown-Martinsburg, MD-WV | 11 | $ 2,365,000 | $ 215,000 | $ 103,181 |
| Killeen-Temple, TX | 11 | $ 2,195,000 | $ 199,545 | $ 112,000 |
| Modesto, CA | 11 | $ 4,175,000 | $ 379,545 | $ 109,000 |
| Atlantic City-Hammonton, NJ | 10 | $ 2,510,000 | $ 251,000 | $ 173,000 |
| Bakersfield, CA | 10 | $ 2,160,000 | $ 216,000 | $ 120,000 |
| Canton-Massillon, OH | 10 | $ 2,650,000 | $ 265,000 | $ 103,000 |
| Flagstaff, AZ | 10 | $ 4,050,000 | $ 405,000 | $ 165,000 |
| Hickory-Lenoir-Morganton, NC | 10 | $ 3,580,000 | $ 358,000 | $ 362,000 |
| Reading, PA | 10 | $ 2,730,000 | $ 273,000 | $ 129,000 |
| Vallejo-Fairfield, CA | 10 | $ 4,750,000 | $ 475,000 | $ 200,000 |
| Wilmington, NC | 10 | $ 3,700,000 | $ 370,000 | $ 157,000 |
| Bend-Redmond, OR | 9 | $ 3,915,000 | $ 435,000 | $ 129,000 |
| Billings, MT | 9 | $ 3,385,000 | $ 376,111 | $ 185,000 |
| Daphne-Fairhope-Foley, AL | 9 | $ 3,355,000 | $ 372,777 | $ 147,000 |
| Fort Collins, CO | 9 | $ 4,425,000 | $ 491,666 | $ 257,000 |
| Fort Wayne, IN | 9 | $ 1,825,000 | $ 202,777 | $ 96,000 |
| Fresno, CA | 9 | $ 2,585,000 | $ 287,222 | $ 120,000 |
| Jacksonville, NC | 9 | $ 1,235,000 | $ 137,222 | $ 72,000 |
| McAllen-Edinburg-Mission, TX | 9 | $ 2,365,000 | $ 262,777 | $ 140,000 |
| Yuba City, CA | 9 | $ 7,525,000 | $ 836,111 | $ 116,000 |
| Barnstable Town, MA | 8 | $ 3,320,000 | $ 415,000 | $ 184,000 |
| Bremerton-Silverdale, WA | 8 | $ 2,290,000 | $ 286,250 | $ 179,000 |
| Greeley, CO | 8 | $ 3,250,000 | $ 406,250 | $ 200,000 |
| Homosassa Springs, FL | 8 | $ 1,690,000 | $ 211,250 | $ 98,000 |
| Huntington-Ashland, WV-KY-OH | 8 | $ 1,620,000 | $ 202,500 | $ 124,125 |
| Lincoln, NE | 8 | $ 1,910,000 | $ 238,750 | $ 111,000 |
| Midland, TX | 8 | $ 4,290,000 | $ 536,250 | $ 216,000 |
| Montgomery, AL | 8 | $ 1,310,000 | $ 163,750 | $ 217,000 |
| Panama City, FL | 8 | $ 2,420,000 | $ 302,500 | $ 155,000 |
| Salem, OR | 8 | $ 3,630,000 | $ 453,750 | $ 221,000 |
| Shreveport-Bossier City, LA | 8 | $ 1,340,000 | $ 167,500 | $ 123,000 |
| Topeka, KS | 8 | $ 1,550,000 | $ 193,750 | $ 108,000 |
| Visalia-Porterville, CA | 8 | $ 2,390,000 | $ 298,750 | $ 119,000 |
| Anchorage, AK | 7 | $ 2,065,000 | $ 295,000 | $ 146,000 |
| Boulder, CO | 7 | $ 4,145,000 | $ 592,142 | $ 655,000 |
| Burlington, NC | 7 | $ 1,715,000 | $ 245,000 | $ 100,000 |
| Columbus, GA-AL | 7 | $ 1,655,000 | $ 236,428 | $ 182,000 |
| Davenport-Moline-Rock Island, IA-IL | 7 | $ 1,415,000 | $ 202,142 | $ 157,571 |
| Des Moines-West Des Moines, IA | 7 | $ 1,795,000 | $ 256,428 | $ 131,000 |
| Eugene, OR | 7 | $ 2,885,000 | $ 412,142 | $ 190,000 |
| Kalamazoo-Portage, MI | 7 | $ 1,595,000 | $ 227,857 | $ 118,000 |
| Lansing-East Lansing, MI | 7 | $ 1,485,000 | $ 212,142 | $ 117,000 |
| Lynchburg, VA | 7 | $ 1,785,000 | $ 255,000 | $ 124,000 |
| Morristown, TN | 7 | $ 1,715,000 | $ 245,000 | $ 92,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 7 | $ 2,845,000 | $ 406,428 | $ 153,000 |
| Tuscaloosa, AL | 7 | $ 2,015,000 | $ 287,857 | $ 152,000 |
| Albany-Schenectady-Troy, NY | 6 | $ 1,410,000 | $ 235,000 | $ 87,000 |
| Appleton, WI | 6 | $ 1,910,000 | $ 318,333 | $ 161,000 |
| Athens-Clarke County, GA | 6 | $ 1,910,000 | $ 318,333 | $ 220,000 |
| Bloomington, IN | 6 | $ 1,410,000 | $ 235,000 | $ 123,000 |
| Brownsville-Harlingen, TX | 6 | $ 1,080,000 | $ 180,000 | $ 95,000 |
| College Station-Bryan, TX | 6 | $ 2,350,000 | $ 391,666 | $ 145,000 |
| Dover, DE | 6 | $ 2,000,000 | $ 333,333 | $ 142,000 |
| Fort Smith, AR-OK | 6 | $ 1,390,000 | $ 231,666 | $ 103,000 |
| Gainesville, GA | 6 | $ 1,870,000 | $ 311,666 | $ 146,000 |
| Gulfport-Biloxi-Pascagoula, MS | 6 | $ 1,900,000 | $ 316,666 | $ 128,000 |
| Johnson City, TN | 6 | $ 2,000,000 | $ 333,333 | $ 209,000 |
| Kingsport-Bristol-Bristol, TN-VA | 6 | $ 1,510,000 | $ 251,666 | $ 112,333 |
| Lafayette, LA | 6 | $ 1,970,000 | $ 328,333 | $ 166,000 |
| Lafayette-West Lafayette, IN | 6 | $ 950,000 | $ 158,333 | $ 146,000 |
| Peoria, IL | 6 | $ 1,440,000 | $ 240,000 | $ 143,000 |
| Santa Fe, NM | 6 | $ 3,390,000 | $ 565,000 | $ 221,000 |
| Springfield, MO | 6 | $ 1,190,000 | $ 198,333 | $ 81,000 |
| Tyler, TX | 6 | $ 1,700,000 | $ 283,333 | $ 141,000 |
| Winchester, VA-WV | 6 | $ 1,760,000 | $ 293,333 | $ 121,000 |
| Youngstown-Warren-Boardman, OH-PA | 6 | $ 960,000 | $ 160,000 | $ 185,666 |
| Beaumont-Port Arthur, TX | 5 | $ 1,255,000 | $ 251,000 | $ 125,000 |
| Binghamton, NY | 5 | $ 775,000 | $ 155,000 | $ 186,000 |
| Bloomington, IL | 5 | $ 1,245,000 | $ 249,000 | $ 132,000 |
| Brunswick, GA | 5 | $ 1,925,000 | $ 385,000 | $ 185,000 |
| Charlottesville, VA | 5 | $ 2,515,000 | $ 503,000 | $ 562,000 |
| Cleveland, TN | 5 | $ 845,000 | $ 169,000 | $ 249,000 |
| Duluth, MN-WI | 5 | $ 915,000 | $ 183,000 | $ 135,000 |
| Elkhart-Goshen, IN | 5 | $ 1,095,000 | $ 219,000 | $ 80,000 |
| Jackson, MI | 5 | $ 1,135,000 | $ 227,000 | $ 144,000 |
| Lebanon, PA | 5 | $ 945,000 | $ 189,000 | $ 118,000 |
| Michigan City-La Porte, IN | 5 | $ 1,195,000 | $ 239,000 | $ 143,000 |
| Monroe, LA | 5 | $ 725,000 | $ 145,000 | $ 45,000 |
| Mount Vernon-Anacortes, WA | 5 | $ 2,495,000 | $ 499,000 | $ 185,000 |
| Niles-Benton Harbor, MI | 5 | $ 1,045,000 | $ 209,000 | $ 233,000 |
| Ocean City, NJ | 5 | $ 1,355,000 | $ 271,000 | $ 136,000 |
| Redding, CA | 5 | $ 1,695,000 | $ 339,000 | $ 174,000 |
| Rome, GA | 5 | $ 905,000 | $ 181,000 | $ 110,000 |
| Salinas, CA | 5 | $ 2,475,000 | $ 495,000 | $ 293,000 |
| Sherman-Denison, TX | 5 | $ 1,625,000 | $ 325,000 | $ 186,000 |
| Spartanburg, SC | 5 | $ 975,000 | $ 195,000 | $ 103,000 |
| The Villages, FL | 5 | $ 2,095,000 | $ 419,000 | $ 166,000 |
| Altoona, PA | 4 | $ 570,000 | $ 142,500 | $ 81,000 |
| Amarillo, TX | 4 | $ 1,040,000 | $ 260,000 | $ 112,000 |
| Ann Arbor, MI | 4 | $ 1,600,000 | $ 400,000 | $ 216,000 |
| Auburn-Opelika, AL | 4 | $ 1,210,000 | $ 302,500 | $ 135,000 |
| Blacksburg-Christiansburg-Radford, VA | 4 | $ 1,060,000 | $ 265,000 | $ 162,000 |
| Bowling Green, KY | 4 | $ 1,310,000 | $ 327,500 | $ 163,000 |
| Burlington-South Burlington, VT | 4 | $ 2,080,000 | $ 520,000 | $ 241,000 |
| Cedar Rapids, IA | 4 | $ 940,000 | $ 235,000 | $ 98,000 |
| Cheyenne, WY | 4 | $ 1,650,000 | $ 412,500 | $ 214,000 |
| Clarksville, TN-KY | 4 | $ 860,000 | $ 215,000 | $ 72,000 |
| Crestview-Fort Walton Beach-Destin, FL | 4 | $ 1,670,000 | $ 417,500 | $ 178,000 |
| Dalton, GA | 4 | $ 890,000 | $ 222,500 | $ 147,000 |
| Elizabethtown-Fort Knox, KY | 4 | $ 880,000 | $ 220,000 | $ 186,000 |
| Evansville, IN-KY | 4 | $ 950,000 | $ 237,500 | $ 128,750 |
| Flint, MI | 4 | $ 600,000 | $ 150,000 | $ 50,000 |
| Grand Junction, CO | 4 | $ 920,000 | $ 230,000 | $ 191,000 |
| Jackson, MS | 4 | $ 890,000 | $ 222,500 | $ 165,000 |
| Kankakee, IL | 4 | $ 910,000 | $ 227,500 | $ 123,000 |
| Kokomo, IN | 4 | $ 690,000 | $ 172,500 | $ 123,000 |
| Lake Charles, LA | 4 | $ 1,470,000 | $ 367,500 | $ 153,000 |
| Las Cruces, NM | 4 | $ 740,000 | $ 185,000 | $ 243,000 |
| Olympia-Tumwater, WA | 4 | $ 1,570,000 | $ 392,500 | $ 121,000 |
| Oshkosh-Neenah, WI | 4 | $ 1,300,000 | $ 325,000 | $ 207,000 |
| Owensboro, KY | 4 | $ 420,000 | $ 105,000 | $ 84,000 |
| Prescott Valley-Prescott, AZ | 4 | $ 1,100,000 | $ 275,000 | $ 178,000 |
| Rockford, IL | 4 | $ 730,000 | $ 182,500 | $ 93,000 |
| Santa Cruz-Watsonville, CA | 4 | $ 2,960,000 | $ 740,000 | $ 270,000 |
| Santa Maria-Santa Barbara, CA | 4 | $ 2,330,000 | $ 582,500 | $ 168,000 |
| Sioux City, IA-NE-SD | 4 | $ 450,000 | $ 112,500 | $ 83,500 |
| Sioux Falls, SD | 4 | $ 2,210,000 | $ 552,500 | $ 288,000 |
| Wenatchee, WA | 4 | $ 1,370,000 | $ 342,500 | $ 143,000 |
| Williamsport, PA | 4 | $ 990,000 | $ 247,500 | $ 150,000 |
| Yakima, WA | 4 | $ 1,070,000 | $ 267,500 | $ 121,000 |
| Albany, GA | 3 | $ 595,000 | $ 198,333 | $ 74,000 |
| Bangor, ME | 3 | $ 1,085,000 | $ 361,666 | $ 238,000 |
| Battle Creek, MI | 3 | $ 645,000 | $ 215,000 | $ 108,000 |
| Bellingham, WA | 3 | $ 785,000 | $ 261,666 | $ 71,000 |
| Bismarck, ND | 3 | $ 1,125,000 | $ 375,000 | $ 187,000 |
| Carbondale-Marion, IL | 3 | $ 515,000 | $ 171,666 | $ 138,000 |
| Chambersburg-Waynesboro, PA | 3 | $ 1,085,000 | $ 361,666 | $ 105,000 |
| Chico, CA | 3 | $ 805,000 | $ 268,333 | $ 104,000 |
| Columbia, MO | 3 | $ 965,000 | $ 321,666 | $ 120,000 |
| Columbus, IN | 3 | $ 415,000 | $ 138,333 | $ 172,000 |
| Corvallis, OR | 3 | $ 1,265,000 | $ 421,666 | $ 202,000 |
| Dothan, AL | 3 | $ 835,000 | $ 278,333 | $ 134,000 |
| Erie, PA | 3 | $ 575,000 | $ 191,666 | $ 139,000 |
| Fargo, ND-MN | 3 | $ 705,000 | $ 235,000 | $ 123,000 |
| Great Falls, MT | 3 | $ 955,000 | $ 318,333 | $ 157,000 |
| Hammond, LA | 3 | $ 505,000 | $ 168,333 | $ 139,000 |
| Harrisonburg, VA | 3 | $ 815,000 | $ 271,666 | $ 144,000 |
| Hattiesburg, MS | 3 | $ 355,000 | $ 118,333 | $ 71,000 |
| Hinesville, GA | 3 | $ 895,000 | $ 298,333 | $ 64,000 |
| Jackson, TN | 3 | $ 605,000 | $ 201,666 | $ 94,000 |
| Jefferson City, MO | 3 | $ 585,000 | $ 195,000 | $ 113,000 |
| Johnstown, PA | 3 | $ 775,000 | $ 258,333 | $ 115,000 |
| Joplin, MO | 3 | $ 1,255,000 | $ 418,333 | $ 361,000 |
| Logan, UT-ID | 3 | $ 1,105,000 | $ 368,333 | $ 150,666 |
| Lubbock, TX | 3 | $ 565,000 | $ 188,333 | $ 236,000 |
| Macon-Bibb County, GA | 3 | $ 1,295,000 | $ 431,666 | $ 90,000 |
| Manhattan, KS | 3 | $ 745,000 | $ 248,333 | $ 87,000 |
| Medford, OR | 3 | $ 1,295,000 | $ 431,666 | $ 151,000 |
| Merced, CA | 3 | $ 1,045,000 | $ 348,333 | $ 125,000 |
| Napa, CA | 3 | $ 2,055,000 | $ 685,000 | $ 192,000 |
| Pueblo, CO | 3 | $ 945,000 | $ 315,000 | $ 87,000 |
| San Rafael, CA | 3 | $ 2,295,000 | $ 765,000 | $ 254,000 |
| Santa Rosa, CA | 3 | $ 3,125,000 | $ 1,041,666 | $ 508,000 |
| Sebastian-Vero Beach, FL | 3 | $ 965,000 | $ 321,666 | $ 137,000 |
| Springfield, IL | 3 | $ 525,000 | $ 175,000 | $ 132,000 |
| Springfield, OH | 3 | $ 495,000 | $ 165,000 | $ 79,000 |
| Texarkana, TX-AR | 3 | $ 515,000 | $ 171,666 | $ 90,666 |
| Warner Robins, GA | 3 | $ 525,000 | $ 175,000 | $ 157,000 |
| Watertown-Fort Drum, NY | 3 | $ 655,000 | $ 218,333 | $ 130,000 |
| Abilene, TX | 2 | $ 460,000 | $ 230,000 | $ 73,000 |
| Beckley, WV | 2 | $ 190,000 | $ 95,000 | $ 58,000 |
| Bloomsburg-Berwick, PA | 2 | $ 320,000 | $ 160,000 | $ 70,000 |
| California-Lexington Park, MD | 2 | $ 490,000 | $ 245,000 | $ 234,000 |
| Coeur D'Alene, ID | 2 | $ 870,000 | $ 435,000 | $ 111,000 |
| Cumberland, MD-WV | 2 | $ 370,000 | $ 185,000 | $ 135,000 |
| Danville, IL | 2 | $ 110,000 | $ 55,000 | $ 95,000 |
| Decatur, IL | 2 | $ 430,000 | $ 215,000 | $ 168,000 |
| Dubuque, IA | 2 | $ 980,000 | $ 490,000 | $ 176,000 |
| Fairbanks, AK | 2 | $ 230,000 | $ 115,000 | $ 74,000 |
| Florence, SC | 2 | $ 280,000 | $ 140,000 | $ 122,000 |
| Florence-Muscle Shoals, AL | 2 | $ 310,000 | $ 155,000 | $ 123,000 |
| Fond Du Lac, WI | 2 | $ 420,000 | $ 210,000 | $ 186,000 |
| Gadsden, AL | 2 | $ 210,000 | $ 105,000 | $ 57,000 |
| Grants Pass, OR | 2 | $ 420,000 | $ 210,000 | $ 163,000 |
| Green Bay, WI | 2 | $ 440,000 | $ 220,000 | $ 138,000 |
| Greenville, NC | 2 | $ 580,000 | $ 290,000 | $ 99,000 |
| Idaho Falls, ID | 2 | $ 390,000 | $ 195,000 | $ 147,000 |
| Janesville-Beloit, WI | 2 | $ 570,000 | $ 285,000 | $ 121,000 |
| Jonesboro, AR | 2 | $ 350,000 | $ 175,000 | $ 80,000 |
| Kennewick-Richland, WA | 2 | $ 810,000 | $ 405,000 | $ 59,000 |
| Kingston, NY | 2 | $ 1,090,000 | $ 545,000 | $ 244,000 |
| Laredo, TX | 2 | $ 290,000 | $ 145,000 | $ 54,000 |
| Lawrence, KS | 2 | $ 530,000 | $ 265,000 | $ 92,000 |
| Lewiston-Auburn, ME | 2 | $ 540,000 | $ 270,000 | $ 158,000 |
| Longview, WA | 2 | $ 590,000 | $ 295,000 | $ 170,000 |
| Madera, CA | 2 | $ 700,000 | $ 350,000 | $ 131,000 |
| Mansfield, OH | 2 | $ 480,000 | $ 240,000 | $ 115,000 |
| Morgantown, WV | 2 | $ 290,000 | $ 145,000 | $ 65,000 |
| New Bern, NC | 2 | $ 380,000 | $ 190,000 | $ 95,000 |
| Parkersburg-Vienna, WV | 2 | $ 620,000 | $ 310,000 | $ 155,000 |
| Pittsfield, MA | 2 | $ 1,700,000 | $ 850,000 | $ 164,000 |
| Racine, WI | 2 | $ 420,000 | $ 210,000 | $ 123,000 |
| Rochester, MN | 2 | $ 490,000 | $ 245,000 | $ 85,000 |
| San Angelo, TX | 2 | $ 550,000 | $ 275,000 | $ 58,000 |
| Sebring, FL | 2 | $ 450,000 | $ 225,000 | $ 89,000 |
| St. Joseph, MO-KS | 2 | $ 310,000 | $ 155,000 | $ 88,000 |
| Utica-Rome, NY | 2 | $ 330,000 | $ 165,000 | $ 113,000 |
| Valdosta, GA | 2 | $ 280,000 | $ 140,000 | $ 60,000 |
| Vineland-Bridgeton, NJ | 2 | $ 560,000 | $ 280,000 | $ 152,000 |
| Wausau, WI | 2 | $ 340,000 | $ 170,000 | $ 119,000 |
| Yuma, AZ | 2 | $ 880,000 | $ 440,000 | $ 209,000 |
| Alexandria, LA | 1 | $ 105,000 | $ 105,000 | $ 100,000 |
| Anniston-Oxford-Jacksonville, AL | 1 | $ 295,000 | $ 295,000 | $ 83,000 |
| Bay City, MI | 1 | $ 75,000 | $ 75,000 | $ 178,000 |
| Casper, WY | 1 | $ 515,000 | $ 515,000 | $ 400,000 |
| Charleston, WV | 1 | $ 175,000 | $ 175,000 | $ 190,000 |
| Decatur, AL | 1 | $ 155,000 | $ 155,000 | $ 42,000 |
| Eau Claire, WI | 1 | $ 275,000 | $ 275,000 | $ 124,000 |
| El Centro, CA | 1 | $ 85,000 | $ 85,000 | $ 14,000 |
| Glens Falls, NY | 1 | $ 275,000 | $ 275,000 | $ 76,000 |
| Grand Forks, ND-MN | 1 | $ 505,000 | $ 505,000 | $ 160,000 |
| Grand Island, NE | 1 | $ 315,000 | $ 315,000 | $ 117,000 |
| Hot Springs, AR | 1 | $ 115,000 | $ 115,000 | $ 250,000 |
| Houma-Thibodaux, LA | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
| Ithaca, NY | 1 | $ 295,000 | $ 295,000 | $ 232,000 |
| La Crosse-Onalaska, WI-MN | 1 | $ 375,000 | $ 375,000 | $ 110,000 |
| Lake Havasu City-Kingman, AZ | 1 | $ 275,000 | $ 275,000 | $ 74,000 |
| Lawton, OK | 1 | $ 225,000 | $ 225,000 | $ 124,000 |
| Lewiston, ID-WA | 1 | $ 175,000 | $ 175,000 | $ 86,000 |
| Lima, OH | 1 | $ 185,000 | $ 185,000 | $ 67,000 |
| Longview, TX | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| Midland, MI | 1 | $ 135,000 | $ 135,000 | $ 90,000 |
| Missoula, MT | 1 | $ 455,000 | $ 455,000 | $ 119,000 |
| Monroe, MI | 1 | $ 245,000 | $ 245,000 | $ 64,000 |
| Muncie, IN | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
| Muskegon, MI | 1 | $ 115,000 | $ 115,000 | $ 34,000 |
| Norwich-New London, CT | 1 | $ 365,000 | $ 365,000 | $ 205,000 |
| Pine Bluff, AR | 1 | $ 85,000 | $ 85,000 | $ 86,000 |
| Pocatello, ID | 1 | $ 215,000 | $ 215,000 | $ 54,000 |
| Rapid City, SD | 1 | $ 255,000 | $ 255,000 | $ 96,000 |
| Rocky Mount, NC | 1 | $ 205,000 | $ 205,000 | $ 2,640,000 |
| Saginaw, MI | 1 | $ 145,000 | $ 145,000 | $ 43,000 |
| Sierra Vista-Douglas, AZ | 1 | $ 205,000 | $ 205,000 | $ 54,000 |
| St. George, UT | 1 | $ 475,000 | $ 475,000 | $ 120,000 |
| Staunton-Waynesboro, VA | 1 | $ 205,000 | $ 205,000 | $ 100,000 |
| Sumter, SC | 1 | $ 165,000 | $ 165,000 | $ 40,000 |
| Terre Haute, IN | 1 | $ 355,000 | $ 355,000 | $ 235,000 |
| Twin Falls, ID | 1 | $ 325,000 | $ 325,000 | $ 207,000 |
| Walla Walla, WA | 1 | $ 215,000 | $ 215,000 | $ 79,000 |
| Waterloo-Cedar Falls, IA | 1 | $ 555,000 | $ 555,000 | $ 157,000 |
| Weirton-Steubenville, WV-OH | 1 | $ 155,000 | $ 155,000 | $ 124,000 |
| Wheeling, WV-OH | 1 | $ 125,000 | $ 125,000 | $ 77,000 |
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.
For a list of all lenders in Texas, download the full spreadsheet
with aggregated HMDA statistics today.
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