Sofi Lending Corp. Mortgage Rates, Fees & Info

SACRAMENTO, CA

LEI: 549300SXISSKGPHW5702

Tax ID: 90-0790926

5 stars - out of 5 stars, based on 84 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Sofi Lending Corp. is a small mortgage company specializing in Refi and Cash Out Refi loans. Sofi Lending Corp. has a high proportion of conventional loans. Their top markets include Los Angeles, Washington, Seattle, Oakland, and Phoenix among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Sofi Lending Corp. is typically an average fee lendor.


Originations

7,067

Origination Dollar Volume (All Markets)

$2,213,035,000
Show all (22) awards

Relative Rate

Sofi Lending Corp.'s average 30 year fixed rate mortgage of loans were 3.2%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.16%.

Relative Fees

Sofi Lending Corp.'s average total fees for a 30 year fixed rate mortgage are $3,963.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 247 $120,015,000 $485,891 $4,464 3.07%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 225 $93,835,000 $417,044 $3,833 3.00%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 191 $87,285,000 $456,990 $4,075 3.02%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 156 $81,340,000 $521,410 $4,234 3.00%
Outside of Metro Areas 319 $75,625,000 $237,069 $3,567 3.04%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 238 $68,720,000 $288,739 $3,359 3.14%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 207 $56,195,000 $271,473 $3,257 3.01%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 181 $51,395,000 $283,950 $3,826 3.05%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 82 $51,090,000 $623,049 $4,867 2.88%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 143 $41,425,000 $289,685 $4,492 2.97%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 119 $41,085,000 $345,252 $3,448 3.02%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 153 $41,055,000 $268,333 $4,278 2.99%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 67 $39,655,000 $591,866 $4,518 2.82%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 72 $38,460,000 $534,167 $4,031 3.15%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 134 $38,450,000 $286,940 $3,396 3.21%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 85 $35,215,000 $414,294 $3,782 3.11%
NEWARK, NJ-PA (FHA|USDA|VA) 83 $34,885,000 $420,301 $5,431 3.04%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 120 $32,370,000 $269,750 $3,494 3.12%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 89 $32,235,000 $362,191 $3,393 3.21%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 100 $31,100,000 $311,000 $3,948 3.11%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 91 $29,805,000 $327,527 $3,994 3.09%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 81 $29,715,000 $366,852 $4,884 3.01%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 99 $26,835,000 $271,061 $4,176 3.10%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 96 $26,300,000 $273,958 $4,068 3.01%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 60 $25,600,000 $426,667 $4,662 2.93%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 61 $25,355,000 $415,656 $4,123 2.91%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 63 $25,285,000 $401,349 $5,115 3.04%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 78 $23,820,000 $305,385 $4,883 3.08%
RALEIGH-CARY, NC (FHA|USDA|VA) 90 $23,690,000 $263,222 $3,169 3.05%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 94 $22,320,000 $237,447 $3,158 3.09%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 72 $21,680,000 $301,111 $3,838 3.05%
SALT LAKE CITY, UT (FHA|USDA|VA) 59 $20,555,000 $348,390 $3,950 3.11%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 79 $19,885,000 $251,709 $4,513 3.15%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 67 $19,815,000 $295,746 $3,294 3.14%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 82 $17,860,000 $217,805 $3,385 3.11%
BOSTON, MA (FHA|USDA|VA) 44 $17,490,000 $397,500 $4,398 2.96%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 61 $17,135,000 $280,902 $3,992 3.05%
PHILADELPHIA, PA (FHA|USDA|VA) 50 $13,890,000 $277,800 $4,600 3.10%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 36 $13,610,000 $378,056 $4,325 3.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 63 $13,495,000 $214,206 $3,138 3.03%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 36 $13,180,000 $366,111 $4,005 3.17%
COLUMBUS, OH (FHA|USDA|VA) 55 $12,755,000 $231,909 $3,128 3.12%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 42 $12,680,000 $301,905 $3,033 3.21%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 25 $12,665,000 $506,600 $5,332 2.86%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 42 $12,550,000 $298,810 $4,547 3.10%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 46 $12,320,000 $267,826 $3,785 2.97%
CAMDEN, NJ (FHA|USDA|VA) 55 $12,035,000 $218,818 $3,653 3.05%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 46 $11,680,000 $253,913 $3,419 3.12%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 42 $11,670,000 $277,857 $3,568 3.03%
PITTSBURGH, PA (FHA|USDA|VA) 49 $11,455,000 $233,776 $4,204 3.11%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 34 $10,980,000 $322,941 $4,717 3.11%
RICHMOND, VA (FHA|USDA|VA) 36 $10,680,000 $296,667 $3,415 3.01%
JACKSONVILLE, FL (FHA|USDA|VA) 43 $10,285,000 $239,186 $3,691 3.01%
SAN RAFAEL, CA (FHA|USDA|VA) 17 $10,205,000 $600,294 $3,914 3.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 39 $10,035,000 $257,308 $3,927 3.07%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 44 $10,020,000 $227,727 $3,843 2.92%
STOCKTON, CA (FHA|USDA|VA) 29 $9,955,000 $343,276 $3,336 3.15%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 34 $9,540,000 $280,588 $3,355 2.94%
VALLEJO, CA (FHA|USDA|VA) 23 $8,845,000 $384,565 $3,646 3.14%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 28 $8,360,000 $298,571 $4,032 3.22%
KANSAS CITY, MO-KS (FHA|USDA|VA) 30 $8,040,000 $268,000 $3,490 2.98%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 36 $7,990,000 $221,944 $3,205 3.13%
PROVO-OREM, UT (FHA|USDA|VA) 25 $7,895,000 $315,800 $3,737 3.17%
ELGIN, IL (FHA|USDA|VA) 29 $7,715,000 $266,034 $3,521 3.08%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 29 $7,535,000 $259,828 $3,257 3.08%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 27 $7,165,000 $265,370 $3,907 2.98%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 38 $7,140,000 $187,895 $3,492 3.06%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 26 $7,130,000 $274,231 $3,466 3.01%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 26 $7,120,000 $273,846 $4,543 2.94%
WORCESTER, MA-CT (FHA|USDA|VA) 24 $6,760,000 $281,667 $3,470 2.97%
BOISE CITY, ID (FHA|USDA|VA) 24 $6,720,000 $280,000 $4,503 3.29%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 22 $6,680,000 $303,636 $4,492 3.06%
RENO, NV (FHA|USDA|VA) 22 $6,550,000 $297,727 $3,703 3.10%
TUCSON, AZ (FHA|USDA|VA) 27 $6,465,000 $239,444 $3,138 3.00%
FRESNO, CA (FHA|USDA|VA) 23 $6,065,000 $263,696 $3,722 3.04%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 24 $5,810,000 $242,083 $4,057 3.05%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 23 $5,785,000 $251,522 $3,502 3.13%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 24 $5,670,000 $236,250 $3,303 3.07%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 20 $5,630,000 $281,500 $4,642 3.11%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 16 $5,600,000 $350,000 $3,962 2.94%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 19 $5,475,000 $288,158 $3,728 3.01%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 18 $5,240,000 $291,111 $3,950 3.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 21 $5,015,000 $238,810 $3,062 3.07%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 20 $5,000,000 $250,000 $4,482 3.01%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 23 $4,895,000 $212,826 $3,262 3.04%
SALINAS, CA (FHA|USDA|VA) 10 $4,840,000 $484,000 $3,554 3.15%
HUNTSVILLE, AL (FHA|USDA|VA) 20 $4,760,000 $238,000 $3,599 2.88%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 13 $4,725,000 $363,462 $4,296 3.13%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 10 $4,660,000 $466,000 $3,711 2.85%
AKRON, OH (FHA|USDA|VA) 21 $4,545,000 $216,429 $3,320 3.05%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 21 $4,485,000 $213,571 $2,861 2.89%
SALEM, OR (FHA|USDA|VA) 15 $4,485,000 $299,000 $4,971 3.09%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 18 $4,460,000 $247,778 $2,958 3.09%
GARY, IN (FHA|USDA|VA) 20 $4,360,000 $218,000 $2,783 3.10%
OKLAHOMA CITY, OK (FHA|USDA|VA) 18 $4,300,000 $238,889 $4,147 3.14%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 14 $4,240,000 $302,857 $3,411 3.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 14 $4,000,000 $285,714 $3,547 2.93%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 8 $3,980,000 $497,500 $5,999 3.33%
WINSTON-SALEM, NC (FHA|USDA|VA) 12 $3,740,000 $311,667 $3,479 3.05%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 14 $3,620,000 $258,571 $5,059 2.99%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 16 $3,500,000 $218,750 $3,956 2.96%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 17 $3,495,000 $205,588 $3,422 3.10%
TOLEDO, OH (FHA|USDA|VA) 16 $3,480,000 $217,500 $3,870 2.98%
KNOXVILLE, TN (FHA|USDA|VA) 15 $3,385,000 $225,667 $2,722 3.28%
ASHEVILLE, NC (FHA|USDA|VA) 12 $3,320,000 $276,667 $5,333 2.82%
ANN ARBOR, MI (FHA|USDA|VA) 13 $3,285,000 $252,692 $3,450 2.95%
FORT COLLINS, CO (FHA|USDA|VA) 11 $3,255,000 $295,909 $3,008 3.06%
DAYTON-KETTERING, OH (FHA|USDA|VA) 15 $3,125,000 $208,333 $3,092 3.13%
BEND, OR (FHA|USDA|VA) 9 $3,125,000 $347,222 $5,207 3.07%
BOULDER, CO (FHA|USDA|VA) 9 $3,095,000 $343,889 $3,299 3.14%
BAKERSFIELD, CA (FHA|USDA|VA) 14 $3,090,000 $220,714 $3,538 3.04%
TULSA, OK (FHA|USDA|VA) 15 $3,025,000 $201,667 $4,497 2.95%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 11 $2,955,000 $268,636 $5,217 3.09%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 11 $2,885,000 $262,273 $4,803 3.02%
CHICO, CA (FHA|USDA|VA) 9 $2,875,000 $319,444 $3,860 2.92%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 15 $2,865,000 $191,000 $3,209 3.23%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 14 $2,780,000 $198,571 $2,945 3.12%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 12 $2,750,000 $229,167 $2,988 3.15%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 11 $2,705,000 $245,909 $4,421 2.70%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 7 $2,695,000 $385,000 $4,111 3.00%
LANCASTER, PA (FHA|USDA|VA) 11 $2,565,000 $233,182 $4,651 2.98%
VISALIA, CA (FHA|USDA|VA) 12 $2,560,000 $213,333 $3,448 3.04%
MODESTO, CA (FHA|USDA|VA) 10 $2,500,000 $250,000 $2,902 3.08%
SPARTANBURG, SC (FHA|USDA|VA) 10 $2,440,000 $244,000 $4,183 3.00%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 9 $2,435,000 $270,556 $3,430 3.32%
GAINESVILLE, FL (FHA|USDA|VA) 12 $2,370,000 $197,500 $4,495 3.02%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $2,365,000 $215,000 $3,312 3.20%
FORT WAYNE, IN (FHA|USDA|VA) 13 $2,305,000 $177,308 $3,152 2.94%
ROCHESTER, MN (FHA|USDA|VA) 8 $2,280,000 $285,000 $3,759 2.95%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 12 $2,270,000 $189,167 $3,537 3.13%
COEUR D'ALENE, ID (FHA|USDA|VA) 6 $2,170,000 $361,667 $5,268 2.92%
NAPA, CA (FHA|USDA|VA) 5 $2,115,000 $423,000 $5,390 2.75%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 9 $2,095,000 $232,778 $3,157 2.97%
BATON ROUGE, LA (FHA|USDA|VA) 11 $2,085,000 $189,545 $3,031 3.08%
READING, PA (FHA|USDA|VA) 10 $2,080,000 $208,000 $4,260 3.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $2,045,000 $227,222 $3,256 3.13%
SPRINGFIELD, MA (FHA|USDA|VA) 9 $2,025,000 $225,000 $3,100 2.86%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $2,025,000 $225,000 $3,406 3.19%
MEDFORD, OR (FHA|USDA|VA) 6 $2,000,000 $333,333 $5,551 3.10%
GREEN BAY, WI (FHA|USDA|VA) 8 $1,970,000 $246,250 $3,941 3.33%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 6 $1,940,000 $323,333 $3,531 3.27%
SALISBURY, MD-DE (FHA|USDA|VA) 9 $1,925,000 $213,889 $4,149 2.99%
SAVANNAH, GA (FHA|USDA|VA) 7 $1,925,000 $275,000 $3,784 3.16%
WACO, TX (FHA|USDA|VA) 6 $1,920,000 $320,000 $3,574 2.90%
GREELEY, CO (FHA|USDA|VA) 6 $1,910,000 $318,333 $2,991 3.21%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $1,865,000 $266,429 $4,723 3.05%
WILMINGTON, NC (FHA|USDA|VA) 7 $1,865,000 $266,429 $3,908 3.02%
TALLAHASSEE, FL (FHA|USDA|VA) 6 $1,820,000 $303,333 $4,798 3.19%
BLOOMINGTON, IN (FHA|USDA|VA) 6 $1,800,000 $300,000 $2,863 3.52%
ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $1,740,000 $217,500 $2,897 3.03%
MIDLAND, TX (FHA|USDA|VA) 5 $1,685,000 $337,000 $4,330 3.10%
LINCOLN, NE (FHA|USDA|VA) 10 $1,680,000 $168,000 $2,837 3.19%
MADISON, WI (FHA|USDA|VA) 8 $1,670,000 $208,750 $3,364 3.05%
MERCED, CA (FHA|USDA|VA) 6 $1,670,000 $278,333 $3,461 3.06%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $1,665,000 $237,857 $3,716 3.02%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 7 $1,665,000 $237,857 $4,074 3.04%
STATE COLLEGE, PA (FHA|USDA|VA) 6 $1,650,000 $275,000 $5,572 2.94%
BELLINGHAM, WA (FHA|USDA|VA) 5 $1,595,000 $319,000 $3,262 3.13%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 5 $1,585,000 $317,000 $5,247 2.98%
PUNTA GORDA, FL (FHA|USDA|VA) 5 $1,555,000 $311,000 $5,028 3.20%
DULUTH, MN-WI (FHA|USDA|VA) 7 $1,545,000 $220,714 $2,580 3.02%
EL CENTRO, CA (FHA|USDA|VA) 7 $1,535,000 $219,286 $3,189 3.16%
BILLINGS, MT (FHA|USDA|VA) 6 $1,500,000 $250,000 $3,797 3.02%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 7 $1,495,000 $213,571 $3,552 3.04%
EL PASO, TX (FHA|USDA|VA) 6 $1,490,000 $248,333 $4,862 2.85%
COLUMBIA, SC (FHA|USDA|VA) 8 $1,490,000 $186,250 $3,767 3.19%
PORT ST. LUCIE, FL (FHA|USDA|VA) 8 $1,440,000 $180,000 $3,599 2.88%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $1,440,000 $360,000 $4,481 3.25%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 5 $1,415,000 $283,000 $4,873 2.78%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 6 $1,400,000 $233,333 $5,886 2.90%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,370,000 $342,500 $5,605 3.03%
FLAGSTAFF, AZ (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,607 3.30%
LAFAYETTE, LA (FHA|USDA|VA) 7 $1,245,000 $177,857 $3,510 3.14%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 5 $1,235,000 $247,000 $3,829 3.00%
PITTSFIELD, MA (FHA|USDA|VA) 3 $1,225,000 $408,333 $7,466 2.67%
BLOOMINGTON, IL (FHA|USDA|VA) 6 $1,210,000 $201,667 $3,544 3.21%
YORK-HANOVER, PA (FHA|USDA|VA) 5 $1,205,000 $241,000 $3,602 3.23%
MOBILE, AL (FHA|USDA|VA) 8 $1,200,000 $150,000 $3,079 3.23%
REDDING, CA (FHA|USDA|VA) 5 $1,175,000 $235,000 $3,455 3.10%
CHEYENNE, WY (FHA|USDA|VA) 4 $1,140,000 $285,000 $2,832 3.13%
WICHITA, KS (FHA|USDA|VA) 5 $1,105,000 $221,000 $3,069 2.88%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $1,100,000 $275,000 $3,787 3.31%
WENATCHEE, WA (FHA|USDA|VA) 4 $1,100,000 $275,000 $4,324 2.78%
MONTGOMERY, AL (FHA|USDA|VA) 5 $1,045,000 $209,000 $3,946 3.10%
PEORIA, IL (FHA|USDA|VA) 7 $1,035,000 $147,857 $3,035 2.88%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $1,010,000 $168,333 $2,716 2.88%
GAINESVILLE, GA (FHA|USDA|VA) 3 $1,005,000 $335,000 $2,949 3.33%
RACINE, WI (FHA|USDA|VA) 5 $1,005,000 $201,000 $3,723 3.00%
YAKIMA, WA (FHA|USDA|VA) 3 $995,000 $331,667 $3,432 3.08%
WINCHESTER, VA-WV (FHA|USDA|VA) 4 $980,000 $245,000 $3,754 3.22%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $975,000 $325,000 $4,240 3.38%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 3 $955,000 $318,333 $9,146 2.79%
IDAHO FALLS, ID (FHA|USDA|VA) 4 $930,000 $232,500 $5,128 3.09%
OCALA, FL (FHA|USDA|VA) 5 $925,000 $185,000 $3,496 3.38%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 6 $920,000 $153,333 $2,773 2.92%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $920,000 $230,000 $3,800 3.16%
GRAND JUNCTION, CO (FHA|USDA|VA) 4 $910,000 $227,500 $2,918 3.16%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $905,000 $301,667 $4,167 2.58%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $855,000 $285,000 $3,408 2.92%
FARGO, ND-MN (FHA|USDA|VA) 3 $845,000 $281,667 $4,144 3.25%
LYNCHBURG, VA (FHA|USDA|VA) 4 $840,000 $210,000 $2,746 2.94%
NILES, MI (FHA|USDA|VA) 2 $840,000 $420,000 $3,945 3.06%
LONGVIEW, TX (FHA|USDA|VA) 3 $835,000 $278,333 $3,717 3.33%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $830,000 $207,500 $3,262 3.09%
NEW BERN, NC (FHA|USDA|VA) 4 $820,000 $205,000 $3,460 3.09%
LAWRENCE, KS (FHA|USDA|VA) 3 $805,000 $268,333 $3,992 2.92%
FOND DU LAC, WI (FHA|USDA|VA) 3 $805,000 $268,333 $3,915 2.71%
STAUNTON, VA (FHA|USDA|VA) 3 $795,000 $265,000 $3,496 2.88%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 4 $790,000 $197,500 $4,136 3.28%
ROANOKE, VA (FHA|USDA|VA) 4 $760,000 $190,000 $2,938 2.94%
ST. CLOUD, MN (FHA|USDA|VA) 2 $760,000 $380,000 $3,053 3.13%
MISSOULA, MT (FHA|USDA|VA) 2 $740,000 $370,000 $3,582 3.06%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $735,000 $245,000 $2,858 3.42%
MIDLAND, MI (FHA|USDA|VA) 2 $730,000 $365,000 $3,080 2.63%
ST. GEORGE, UT (FHA|USDA|VA) 3 $715,000 $238,333 $4,094 2.92%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $695,000 $231,667 $3,069 2.92%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $690,000 $172,500 $2,961 3.38%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $680,000 $340,000 $4,416 2.94%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 4 $680,000 $170,000 $2,890 3.00%
HARRISONBURG, VA (FHA|USDA|VA) 3 $675,000 $225,000 $3,479 2.88%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $675,000 $225,000 $3,683 3.21%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 4 $660,000 $165,000 $2,801 2.94%
LAKE CHARLES, LA (FHA|USDA|VA) 3 $655,000 $218,333 $3,321 2.96%
BURLINGTON, NC (FHA|USDA|VA) 3 $645,000 $215,000 $2,778 3.50%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 4 $640,000 $160,000 $3,050 2.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $640,000 $160,000 $3,103 3.13%
SAGINAW, MI (FHA|USDA|VA) 3 $625,000 $208,333 $3,550 3.08%
PANAMA CITY, FL (FHA|USDA|VA) 2 $620,000 $310,000 $6,278 2.44%
ROCKFORD, IL (FHA|USDA|VA) 4 $620,000 $155,000 $3,984 2.84%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $615,000 $205,000 $4,871 2.71%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $615,000 $205,000 $3,422 2.79%
LOGAN, UT-ID (FHA|USDA|VA) 3 $615,000 $205,000 $3,460 2.83%
JACKSON, MI (FHA|USDA|VA) 3 $615,000 $205,000 $2,822 3.42%
EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $600,000 $150,000 $4,412 2.94%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 5 $585,000 $117,000 $2,559 2.83%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $580,000 $290,000 $4,863 2.94%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $580,000 $290,000 $2,987 3.31%
JOHNSTOWN, PA (FHA|USDA|VA) 3 $575,000 $191,667 $3,853 2.75%
YUBA CITY, CA (FHA|USDA|VA) 2 $570,000 $285,000 $2,886 3.31%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $550,000 $275,000 $2,900 2.81%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $550,000 $275,000 $3,740 2.94%
DECATUR, AL (FHA|USDA|VA) 2 $540,000 $270,000 $3,506 2.94%
VALDOSTA, GA (FHA|USDA|VA) 2 $540,000 $270,000 $3,287 2.94%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $540,000 $270,000 $3,284 3.44%
CASPER, WY (FHA|USDA|VA) 2 $530,000 $265,000 $3,563 2.81%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 3 $515,000 $171,667 $2,949 3.13%
GRANTS PASS, OR (FHA|USDA|VA) 2 $480,000 $240,000 $4,911 2.63%
IOWA CITY, IA (FHA|USDA|VA) 2 $480,000 $240,000 $3,412 3.00%
WALLA WALLA, WA (FHA|USDA|VA) 2 $480,000 $240,000 $3,596 2.94%
CORVALLIS, OR (FHA|USDA|VA) 2 $470,000 $235,000 $3,804 2.94%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $465,000 $155,000 $3,074 3.04%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $455,000 $455,000 $2,690 2.63%
HATTIESBURG, MS (FHA|USDA|VA) 3 $455,000 $151,667 $4,099 2.42%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $450,000 $225,000 $2,490 3.25%
DECATUR, IL (FHA|USDA|VA) 1 $445,000 $445,000 $7,232 3.13%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $440,000 $220,000 $4,699 3.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $430,000 $215,000 $2,985 3.13%
COLUMBUS, IN (FHA|USDA|VA) 2 $410,000 $205,000 $2,000 3.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $405,000 $135,000 $2,737 2.75%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $400,000 $200,000 $3,527 2.50%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $2,926 3.13%
GADSDEN, AL (FHA|USDA|VA) 2 $390,000 $195,000 $2,613 3.19%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $380,000 $190,000 $3,877 2.88%
ALBANY, GA (FHA|USDA|VA) 1 $375,000 $375,000 $2,926 3.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $370,000 $185,000 $4,570 2.56%
LAREDO, TX (FHA|USDA|VA) 2 $370,000 $185,000 $3,228 3.00%
THE VILLAGES, FL (FHA|USDA|VA) 2 $370,000 $185,000 $3,943 3.75%
LUBBOCK, TX (FHA|USDA|VA) 1 $365,000 $365,000 $4,138 3.38%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $360,000 $180,000 $4,482 2.81%
MONROE, LA (FHA|USDA|VA) 3 $335,000 $111,667 $2,511 3.13%
BANGOR, ME (FHA|USDA|VA) 1 $335,000 $335,000 $3,103 3.00%
GREAT FALLS, MT (FHA|USDA|VA) 1 $325,000 $325,000 $7,502 3.13%
LEBANON, PA (FHA|USDA|VA) 2 $320,000 $160,000 $3,201 2.75%
SAN ANGELO, TX (FHA|USDA|VA) 2 $320,000 $160,000 $4,092 2.94%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $315,000 $315,000 $5,054 2.88%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $310,000 $155,000 $2,440 2.75%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $305,000 $305,000 $3,274 3.00%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $305,000 $305,000 $3,965 3.50%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $300,000 $150,000 $3,205 2.94%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $300,000 $150,000 $2,861 3.13%
YUMA, AZ (FHA|USDA|VA) 2 $300,000 $150,000 $4,287 2.94%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $300,000 $150,000 $2,654 2.69%
HAMMOND, LA (FHA|USDA|VA) 2 $280,000 $140,000 $2,591 3.38%
FLINT, MI (FHA|USDA|VA) 2 $270,000 $135,000 $3,978 3.19%
KOKOMO, IN (FHA|USDA|VA) 2 $270,000 $135,000 $2,928 2.88%
JACKSON, MS (FHA|USDA|VA) 2 $270,000 $135,000 $5,112 2.44%
BAY CITY, MI (FHA|USDA|VA) 1 $265,000 $265,000 $3,519 3.25%
ALTOONA, PA (FHA|USDA|VA) 1 $255,000 $255,000 $5,360 2.75%
MADERA, CA (FHA|USDA|VA) 1 $245,000 $245,000 $3,476 3.63%
JONESBORO, AR (FHA|USDA|VA) 1 $235,000 $235,000 $2,585 3.00%
ODESSA, TX (FHA|USDA|VA) 1 $235,000 $235,000 $3,584 3.13%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $235,000 $235,000 $2,574 3.75%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,479 3.88%
TOPEKA, KS (FHA|USDA|VA) 1 $225,000 $225,000 $2,166 3.00%
ERIE, PA (FHA|USDA|VA) 1 $215,000 $215,000 $7,422 2.88%
JACKSON, TN (FHA|USDA|VA) 1 $205,000 $205,000 $2,813 3.25%
GETTYSBURG, PA (FHA|USDA|VA) 1 $205,000 $205,000 $3,877 3.38%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $195,000 $195,000 $2,861 3.38%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $195,000 $195,000 $3,934 3.13%
GREENVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $5,454 2.75%
DOTHAN, AL (FHA|USDA|VA) 1 $195,000 $195,000 $3,231 2.88%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $185,000 $185,000 $4,240 2.50%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $185,000 $185,000 $3,346 3.00%
ENID, OK (FHA|USDA|VA) 1 $185,000 $185,000 $6,527 3.13%
MUSKEGON, MI (FHA|USDA|VA) 1 $175,000 $175,000 $4,973 2.63%
MANSFIELD, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,225 3.00%
APPLETON, WI (FHA|USDA|VA) 1 $175,000 $175,000 $5,026 2.25%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $165,000 $165,000 $4,458 2.88%
FLORENCE, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,523 2.75%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $155,000 $155,000 $2,188 3.13%
KANKAKEE, IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,989 3.13%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $145,000 $145,000 $2,172 2.63%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $135,000 $135,000 $3,990 2.75%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,223 2.63%
TYLER, TX (FHA|USDA|VA) 1 $135,000 $135,000 $2,446 2.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $135,000 $135,000 $3,947 3.13%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,051 3.00%
LIMA, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,633 3.50%
MUNCIE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $2,653 2.63%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $125,000 $125,000 $3,273 2.88%
POCATELLO, ID (FHA|USDA|VA) 1 $125,000 $125,000 $2,771 2.63%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $115,000 $115,000 $3,720 3.00%
TWIN FALLS, ID (FHA|USDA|VA) 1 $105,000 $105,000 $2,680 3.13%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,231 2.88%

Sofi Lending Corp.'s top markets include Los Angeles, Washington, Seattle, Oakland, and Phoenix among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 7,067 $2,213,035,000 $313,151 $3,869 3.05%

For the 2020 period, Sofi Lending Corp.'s most frequently originated loan type of loans were Conventional, with 7,067 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 4,746 $1,497,420,000 $315,512 $3,585 2.98%
Cash Out Refi 1,873 $559,095,000 $298,502 $4,254 3.22%
Home Purchase 447 $156,175,000 $349,385 $5,253 3.10%
Home Improvement 1 $345,000 $345,000 $7,495 2.50%

For the 2020, Sofi Lending Corp.'s most frequently cited loan purpose of loans were Refi, with 4,746 originations. The 2nd most popular reason of loans were Cash Out Refi, with 1,873 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 4,580 $1,558,650,000 $340,317 $3,963 3.20%
15 Year 2,021 $535,455,000 $264,946 $3,678 2.76%
20 Year 350 $94,520,000 $270,057 $3,826 2.93%
10 Year 116 $24,410,000 $210,431 $3,569 2.57%

For the 2020, Sofi Lending Corp.'s most frequently cited loan length of loans were 30 Year, with 4,580 originations. The 2nd most popular length of loans were 15 Year, with 2,021 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,972 $882,490,000 $296,935
$<1k 2,044 $638,860,000 $312,554
$2k-3k 923 $263,715,000 $285,715
$3k-4k 726 $236,140,000 $325,262
$5k+ 401 $191,695,000 $478,042

$3,963 of loans were Sofi Lending Corp.'s average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,972 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 3,199 $1,002,015,000 $313,228
3-4% 3,104 $975,470,000 $314,262
<2.5% 696 $210,810,000 $302,888
4-5% 66 $23,810,000 $360,758
5-6% 2 $930,000 $465,000

During 2020, Sofi Lending Corp.'s average interest rate of loans were 3.20%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,199 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 3,544 $1,020,590,000 $287,977 $3,739 3.07%
$100k-200k 1,813 $280,255,000 $154,581 $3,345 3.00%
$400k-600k 1,305 $625,565,000 $479,360 $4,370 3.09%
$600k-1MM 395 $273,605,000 $692,671 $5,502 2.99%
$1MM+ 9 $12,925,000 $1,436,111 $15,965 4.00%
$100,000 or less 1 $95,000 $95,000 $2,840 2.63%

2020 saw Sofi Lending Corp. place emphasis on $200k-400k loans with 3,544 originations, totaling $1,020,590,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$150k-250k 2,382 $868,300,000 $364,526 $4,008 3.05%
$100k-150k 2,199 $619,545,000 $281,739 $3,726 3.06%
$75k-100k 1,008 $229,830,000 $228,006 $3,577 3.07%
$250k+ 814 $376,840,000 $462,948 $4,544 2.98%
$50k-75k 533 $98,385,000 $184,587 $3,420 3.07%
$50k or less 131 $20,135,000 $153,702 $3,597 3.14%

Sofi Lending Corp. lent most frequently to those with incomes in the $150k-250k range, with 2,382 originations. The second most popular income band? $100k-150k, with 2,199 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,139 $660,035,000 $308,572 $3,736 3.02%
30-36% 1,423 $461,005,000 $323,967 $3,910 3.07%
<20% 1,041 $306,905,000 $294,817 $3,773 2.95%
40% 229 $73,885,000 $322,642 $4,139 3.12%
42% 223 $70,105,000 $314,372 $3,920 3.13%
36% 218 $69,190,000 $317,385 $4,051 3.13%
41% 216 $73,210,000 $338,935 $4,148 3.11%
38% 216 $69,640,000 $322,407 $4,196 3.12%
44% 210 $64,030,000 $304,905 $4,007 3.23%
39% 210 $68,230,000 $324,905 $3,843 3.12%
37% 210 $67,020,000 $319,143 $3,944 3.05%
43% 208 $63,490,000 $305,240 $4,112 3.15%
45% 122 $39,510,000 $323,852 $3,865 3.04%
46% 108 $34,710,000 $321,389 $3,791 3.02%
49% 101 $32,955,000 $326,287 $3,943 3.14%
47% 95 $29,305,000 $308,474 $3,757 3.09%
48% 94 $28,520,000 $303,404 $3,928 3.06%
>60% 3 $995,000 $331,667 $2,669 3.46%
50-60% 1 $295,000 $295,000 $2,721 3.88%

Sofi Lending Corp. lent most frequently to those with DTI ratios of 20-30%, with 2,139 originations. The next most common DTI ratio? 30-36%, with 1,423 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,155 $1,548,295,000 $300,348 $3,814 3.07%
Not provided 986 $332,120,000 $336,836 $4,008 3.03%
Asian 503 $190,655,000 $379,036 $4,098 2.98%
Black 256 $79,070,000 $308,867 $3,942 3.04%
Asian Indian 59 $24,685,000 $418,390 $4,290 2.86%
American Indian 23 $8,165,000 $355,000 $4,291 3.18%
Filipino 19 $6,435,000 $338,684 $4,022 3.06%
Other Asian 16 $5,140,000 $321,250 $3,367 2.90%
Chinese 14 $4,700,000 $335,714 $3,311 3.03%
Vietnamese 10 $3,640,000 $364,000 $3,029 3.03%
Korean 8 $3,340,000 $417,500 $3,886 3.09%
Native Hawaiian 9 $3,245,000 $360,556 $3,551 3.10%
Japanese 6 $2,380,000 $396,667 $3,966 3.10%
Guamanian 2 $960,000 $480,000 $3,781 3.44%
Other Pacific Islander 1 $205,000 $205,000 $2,849 2.75%

Approval Rates

Total approvals of all applications
72.21%

Sofi Lending Corp. has a below average approval rate.

Pick Rate

Approvals leading to origination
15.24%

Sofi Lending Corp. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 7,067 $2,213,035,000 $313,151

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 1 $175,000 $175,000
Single Family (1-4 Units):Site-Built 7,066 $2,212,860,000 $313,170

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 256 $71,580,000 $279,609 $3,666 2.85%
40-60% 1,188 $358,010,000 $301,355 $3,663 2.88%
60-80% 4,250 $1,333,280,000 $313,713 $3,892 3.08%
80-100% 1,353 $444,705,000 $328,681 $4,020 3.16%
Under 20% 20 $5,460,000 $273,000 $3,561 2.78%