09/17/2020

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as well as taking action as informed allies. We are donating $1 million to organizations that empower people of color and their allies.

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on your mortgage with different down payments.

    

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The SoFi Guide to First Time Home Buying
  
    

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Where we lend

  • SoFi Lending Corp.
  • SoFi Mortgage, LLC
SoFi Lending Corp. (NMLS# 1121636) is licensed to originate mortgages in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., Wisconsin, and Wyoming.
SoFi Mortgage, LLC (NMLS# 1484615) is an affiliate of SoFi Lending Corp. that offers additional geographies and products not always available under the SoFi Lending Corp. license. SoFi Mortgage, LLC is licensed to originate mortgages in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Tennessee, Utah, Vermont, Washington, Washington, D.C., Wisconsin, and Wyoming. Products and terms may vary from those advertised on this site.
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✝︎ To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. A hard credit pull, which may impact your credit score, is required if you apply for a SoFi product after being pre-qualified.

3 The payment for a 30-year term, loan amount $600,000, Rate 4.50%, LTV 80% is $3,040 for full Principal and Interest Payments with 2 points due at closing. The Annual Percentage Rate is 4.67%. Payment shown does not include taxes and insurance. The actual payment amount will be greater.

2 The payment for a 15-year term, loan amount $600,000, Rate 4.00%, LTV 80% is $4,438 for full Principal and Interest Payments with 2 points due at closing. The Annual Percentage Rate is 4.29%. Payment shown does not include taxes and insurance. The actual payment amount will be greater.

1 The initial payment for a 30 year term, loan amount $600,000 on a 7/1 ARM, Rate 3.50%, LTV 80% is $2,694 for full Principal and Interest Payments with 2 points due at closing. The Annual Percentage Rate is 3.7883%. After the initial 7 years, your interest rate can change annually and is subject to an initial interest rate cap of 5.00%, an annual rate cap of 2.00% and a lifetime cap of 5.00%. At first adjustment, the interest rate cannot increase above 8.50% or decrease below the loan margin of 2.25%. If the interest rate reached the lifetime cap of 8.50% on initial rate adjustment and amortization, your payment would be $3,858. Actual payment amounts will vary after the 7th year based on annual interest rate caps or the fully indexed rate which is loan margin plus current value of 1-year LIBOR at 2.75% on 5/1/19. Payment shown does not include taxes and insurance. The actual payment amount will be greater.

4 information in the primary residence payment examples listed above - including interest rates, payments, terms and availability -- are for example purposes only and are subject to change without notice.

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