# SOFI BANK, NATIONAL ASSOCIATION

> **Canonical URL:** https://saferate.com/lenders/sofi-bank-national-association


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


SOFI BANK, NATIONAL ASSOCIATION is a bank, headquartered in COTTONWOOD HEIGHTS, UT, serving borrowers nationwide, with 3,997 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 25% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 64% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 54930054ET8KM4O1D485
- **Headquarters:** COTTONWOOD HEIGHTS, UT
- **Geographic Reach:** National
- **States Served:** 50
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 75/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 36/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.181%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $845
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 3,997
- **Dollar Volume:** $1.6 billion
- **Applications Received:** 8,807
- **Market Share:** 11.00%

## Typical Borrower Profile

- **Average Loan Amount:** $394,732
- **Average Borrower Income:** $172,982
- **Average Property Value:** $523,586

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (71%)
- ⭐ **VA Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 65/100 | 3,141 | +0.225% | $888 | Strong 😀 |
| FHA | 72/100 | 525 | +0.293% | $831 | Strong 😀 |
| VA | 74/100 | 279 | -0.560% | $276 | Strong 😀 |
| Jumbo | 70/100 | 52 | +0.221% | $1,427 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,236 loans, Score: 64/100 (Strong)
- Refinance: 905 loans, Score: 71/100 (Strong)

**FHA:**
- Purchase: 371 loans, Score: 70/100 (Strong)
- Refinance: 154 loans, Score: 78/100 (Strong)

**VA:**
- Purchase: 213 loans, Score: 73/100 (Strong)
- Refinance: 66 loans, Score: 54/100 (Sound)

**Jumbo:**
- Purchase: 36 loans, Score: 49/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 65/100 | 2,856 | $1.2B | +0.172% | Strong 😀 |
| Refinance | 69/100 | 1,141 | $417M | +0.202% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 334 | 0.23% | 69/100 |
| TX | 313 | 0.09% | 66/100 |
| FL | 311 | 0.11% | 65/100 |
| CA | 260 | 0.09% | 63/100 |
| PA | 212 | 0.18% | 67/100 |
| OH | 156 | 0.12% | 62/100 |
| GA | 142 | 0.10% | 62/100 |
| VA | 138 | 0.13% | 64/100 |
| SC | 135 | 0.17% | 65/100 |
| IL | 124 | 0.10% | 61/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 403 | 66/100 |
| Charlotte | NC-SC | 199 | 73/100 |
| Houston | TX | 76 | 57/100 |
| Chicago | IL | 69 | 56/100 |
| Phoenix | AZ | 65 | 55/100 |
| Dallas | TX | 64 | 56/100 |
| Atlanta | GA | 62 | 56/100 |
| Minneapolis | MN-WI | 57 | 55/100 |
| Arlington | VA-WV | 53 | 56/100 |
| Orlando | FL | 52 | 56/100 |
| Los Angeles | CA | 51 | 54/100 |
| Portland | OR-WA | 49 | 55/100 |
| Montgomery County | PA | 46 | 58/100 |
| Raleigh | NC | 44 | 56/100 |
| New York | NY-NJ | 43 | 52/100 |

## Where This Lender Ranks

SOFI BANK, NATIONAL ASSOCIATION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Montgomery County for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/montgomery-county/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#8** in Charlottesville, VA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/charlottesville-va/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Charlotte for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/charlotte/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#9** in Frederick for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/frederick/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#9** in Winston for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/winston/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#11** in Charlotte for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/charlotte/best-mortgage-lenders/banks/va-loans)
- 🏆 **#12** in Oxnard for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/oxnard/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#13** in North Carolina for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#15** in Montana for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/montana/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#15** in Winston for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/winston/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in Montana Banks
  - [View Full Rankings](https://saferate.com/montana/best-mortgage-lenders/banks)
- 🏆 **#16** in Manchester for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/manchester/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#17** in North Carolina for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/north-carolina/best-mortgage-lenders/banks/va-loans)
- 🏆 **#17** in Winston Banks
  - [View Full Rankings](https://saferate.com/winston/best-mortgage-lenders/banks)
- 🏆 **#17** in Boulder, CO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Scranton for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/scranton/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#20** in Charlotte Banks
  - [View Full Rankings](https://saferate.com/charlotte/best-mortgage-lenders/banks)
- 🏆 **#20** in Charlotte for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/charlotte/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#20** in New Hampshire for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-hampshire/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#20** in Asheville, NC for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/asheville-nc/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does SOFI BANK, NATIONAL ASSOCIATION offer?

SOFI BANK, NATIONAL ASSOCIATION offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does SOFI BANK, NATIONAL ASSOCIATION offer mortgages?

SOFI BANK, NATIONAL ASSOCIATION is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are SOFI BANK, NATIONAL ASSOCIATION's mortgage rates?

SOFI BANK, NATIONAL ASSOCIATION has a pricing score of 75/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.181% above market average.

### What type of lender is SOFI BANK, NATIONAL ASSOCIATION?

SOFI BANK, NATIONAL ASSOCIATION is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in COTTONWOOD HEIGHTS, UT.

### What is SOFI BANK, NATIONAL ASSOCIATION's loan approval success rate?

SOFI BANK, NATIONAL ASSOCIATION has a pull-through score of 36/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/sofi-bank-national-association

### How to Cite

> "SOFI BANK, NATIONAL ASSOCIATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/sofi-bank-national-association

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