SoFi is here for your home loan and refinancing needs. We make the process as quick and painless as possible.
Don’t worry – checking your rate will not affect your credit score. †
Down payments as low as 3% for first-time borrowers^, or as low as 5% for other borrowers.
^ SoFi requires Private Mortgage Insurance (PMI) for conforming conventional home loans with a loan-to-value (LTV) ratio greater than 80%. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
✓ Choose from 10-, 15-, 20-, and 30-year fixed terms5-8
Our Mortgage Loan Officers (MLOs) can guide you through the process—and we have member specialists standing by to answer any other questions.
No need to stress. We have dedicated MLOs that can walk you through each step so that you feel confident in the home-buying process. Plus, get access to educational tools and resources when you need them.
SoFi’s mortgage refi application process is fast. Choose between a traditional refi, cash-out refi, or a student loan cash-out refi.
1 30-YEAR Payment Example: The payment for a 30-year term, loan amount $362000.00, Rate 6.490%, LTV 80% is $2286.00 for full Principal and Interest Payments with $6791.00 due at closing. The Annual Percentage Rate is 6.732%. No prepayment penalty. Payment shown does not include taxes and insurance. The actual payment amount will be greater. Interest rates and annual percentage rates (APRs) are for informational purposes only and are subject to change without notice.
2 20-YEAR Payment Example: The payment for a 20-year term, loan amount $362000.00, Rate 6.125%, LTV 80% is $2620.00 for full Principal and Interest Payments with $6701.00 due at closing. The Annual Percentage Rate is 6.436%. No prepayment penalty. Payment shown does not include taxes and insurance. The actual payment amount will be greater. Interest rates and annual percentage rates (APRs) are for informational purposes only and are subject to change without notice.
3 15-YEAR Payment Example: The payment for a 15-year term, loan amount $362000.00, Rate 5.625%, LTV 80% is $2982.00 for full Principal and Interest Payments with $7490.00 due at closing. The Annual Percentage Rate is 6.045%. No prepayment penalty. Payment shown does not include taxes and insurance. The actual payment amount will be greater. Interest rates and annual percentage rates (APRs) are for informational purposes only and are subject to change without notice.
4 10-YEAR Payment Example: The payment for a 10-year term, loan amount $362000.00, Rate 5.625%, LTV 80% is $3951.00 for full Principal and Interest Payments with $7121.00 due at closing. The Annual Percentage Rate is 6.198%. No prepayment penalty. Payment shown does not include taxes and insurance. The actual payment amount will be greater. Interest rates and annual percentage rates (APRs) are for informational purposes only and are subject to change without notice.