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Jul
15
2025

Current Home Equity Loan Rates in Austin, TX Today

By | Uncategorized | Comments Off on Current Home Equity Loan Rates in Austin, TX Today

AUSTIN HOME EQUITY LOAN RATES TODAY

Current home equity loan

rates in Austin, TX.



Disclaimer: The prime rate directly influences the rates on HELOCs and home equity loans.


View your rate

Turn your home equity into cash. Call us for a complimentary consultation or get prequalified online.

Compare home equity loan rates in Austin.

Key Points

•   Your credit score, debt-to-income ratio, and market conditions all play a part in the interest rate you’re offered.

•   Fixed interest rates result in predictable monthly payments, while adjustable rates tend to start a bit lower.

•   To be eligible for a home equity loan, you’ll need to maintain at least 20% equity in your home.

•   The interest on home equity loans may be tax-deductible if you use it for home improvements.

•   Alternatives to home equity loans include home equity lines of credit (HELOC) and cash-out mortgage refinances.

Introduction to Home Equity Loan Rates

Home equity loans are a popular way to access cash for a variety of big expenses. Getting the best available home equity loan rates in Austin, Texas, starts with understanding how rates are influenced by economic and personal factors. We’ll also discuss how a home equity loan works — along with alternatives like the home equity line of credit (HELOC) and the cash-out mortgage refinance.

Whichever financing tool you choose, your prep work will be similar, and we’ll explain the steps to present yourself as a stellar candidate. The payoff could be thousands of dollars saved on interest and fees.

How Do Home Equity Loans Work?

What is a home equity loan? In short, it’s a second mortgage that uses your home as collateral. The loan is disbursed in one lump sum and repaid in equal monthly installments over five to 30 years. Because the loan is secured by your home equity, it typically offers lower interest rates than unsecured personal loans. Most home equity loans have fixed interest rates, which can provide peace of mind if you like predictable payments. To qualify, you’ll generally need to have at least 20% equity in your home.

How Are Home Equity Loan Interest Rates Determined?

The interest rates on all kinds of home loans are influenced by a multitude of factors, from the economy to your own financial standing. The Federal Reserve’s policies, particularly the federal funds rate, have a significant impact on lending. Lenders typically peg their rates to the prime rate, which in turn is influenced by the Fed. Keeping an eye on the prime rate can give you a good view of where home equity loan rates are headed.

Your credit score and debt-to-income ratio also factor in, with higher scores and lower ratios often translating to better rates. Loan size and repayment term come into play, with larger loans and longer terms carrying increased risk and, consequently, higher rates.

How Interest Rates Impact Affordability

Your interest rate helps determine the affordability of different types of home equity loans. Even a seemingly small difference in interest rate can add up to significant savings or costs over the life of your loan. For example, a $100,000 home equity loan with a 15-year term would have a monthly payment of $985 at 8.50% interest, and $1,044 at 9.50% interest.

But the real story is in the total interest paid: The 8.50% rate adds up to $77,253 in interest over the life of the loan. Compare that to $87,960 with the 9.50% rate. That means securing the lower rate would save you $10,700 — well worth the time and effort you spend shopping around.

The chart below gives you a broader view of how small changes in interest rate alter your monthly payment and total interest for a $100K loan repaid over 15 years.

Interest Rate Monthly Payment Total Interest Paid
9.00% $1,014 $82,568
8.875% $1,007 $81,232
8.75% $999 $79,901
8.625% $992 $78,574
8.50% $985 $77,253
8.375% $977 $75,937
8.25% $970 $74,625
8.125% $963 $73,319
8.00% $956 $72,017


Home Equity Loan Rate Trends

The trends in home equity loan rates can be a bit like the weather—unpredictable. Interest rates on home equity loans are influenced by a number of factors, including the prime rate, which is closely related to the federal funds rate set by the Federal Reserve. The prime rate has fluctuated significantly in recent years, ranging from 3.25% in 2020 to 8.50% in 2023. These changes can have a direct impact on the rates offered to you.

While it’s impossible to predict future movements with certainty, staying informed about economic conditions and what the prime rate is up to can help you time your application for the best possible rate. Comparing rates from multiple lenders and considering the broader market context can also provide valuable insights.

Source: TradingView.com

Date Prime Rate
9/19/2024 8.00%
7/27/2023 8.50%
5/4/2023 8.25%
3/23/2023 8.00%
2/2/2023 7.75%
12/15/2022 7.50%
11/3/2022 7.00%
9/22/2022 6.25%
7/28/2022 5.50%
6/16/2022 4.75%
5/5/2022 4.00%
3/17/2022 3.50%
3/16/2020 3.25%
3/4/2020 4.25%
10/31/2019 4.75%
9/19/2019 5.00%
8/1/2019 5.25%
12/20/2018 5.50%
9/27/2018 5.25%

Source: St. Louis Fed

How to Qualify for the Lowest Rates

Most of us can’t wait around long for interest rates to drop. All we can do is set ourselves up for success. Lenders will scrutinize your credit score, debt-to-income (DTI) ratio, and the equity in your home. You can bolster your chances of qualifying for a lower rate by enhancing your credit score, reducing your debt, and ensuring your home’s value is accurately appraised.

Maintain Sufficient Home Equity

To be eligible for a home equity loan, you need to maintain at least 20% equity in your home. Calculating your equity is straightforward: Just subtract your mortgage balance from your current home value. For instance, if you owe $400,000 on your mortgage and your home is valued at $550,000, your equity is $150,000, or 27%. Lenders typically allow you to borrow up to 85% of your equity, which means in this example, you could potentially access $127,500.

Keeping a healthy amount of equity in your home is not only a smart financial move, but it also ensures you can secure favorable loan rates and manage the loan effectively, even in the face of financial challenges. A home equity loan calculator can help you calculate your equity level.

Build a Strong Credit Score

To get the most competitive home equity loan rates, set your sights on a credit score of 700 or higher. A robust credit score is a testament to your financial acumen and can lead to more favorable loan terms. Lenders scrutinize your payment track record, credit utilization, and the length of your credit history. By paying your bills on time and keeping credit card balances in check, you can give your score a boost. Steer clear of opening new accounts or closing old ones before applying, as this can dent your score.

Manage Debt-to-Income Ratio

Your debt-to-income (DTI) ratio is a big deal when it comes to qualifying for a home equity loan and getting lower rates. Lenders typically look for a DTI ratio below 50%, and ideally below 36%. To calculate your DTI, divide your total monthly debt payments (student loans, auto loan, mortgage payment) by your gross monthly income. Let’s say your student loan payment is $300 a month, your auto loan is $400, your mortgage is $1,600, and your monthly income before taxes is $7,000. Your DTI ratio is 33%. ($300 + $400 + $1,600 = $2,300 / $7,000 = 33%)

A lower DTI can help you qualify for a loan and show lenders that you have a manageable debt load, which can reduce the risk of default. To improve your DTI, consider paying down existing debts, increasing your income, or both. Keeping your DTI in check can help you qualify for better loan terms and lower interest rates, which can make your home equity loan more affordable.

Obtain Adequate Property Insurance

Property insurance is a must-have for home equity loans, especially in flood-prone areas. This insurance is a safety net for both you and the lender. It’s a smart move to review your current policy and consider beefing it up if needed. Getting the right coverage not only meets your lender’s requirements but also safeguards your investment, making the road to your home equity loan smoother and more secure.


Tools & Calculators

Using these resources can be a game-changer. They can help you get a handle on the numbers, compare rates, and find the loan that fits your financial situation like a glove.

Run the numbers on your home equity loan.

Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.

Closing Costs and Fees

Closing costs for home equity loans generally range from 2% to 5% of the loan amount. Here’s a quick breakdown: There’s the appraisal, which can set you back $300 to $500, and the credit report, which typically costs $50 to $100. Title insurance (0.5% to 1% of the loan) and the title search ($100 to $250) make sure everything’s shipshape with your property title. Origination fees (0.5% to 1% or a flat fee) cover the lender’s costs for getting you set up. And don’t forget about the document preparation/attorney fees, which can range from $500 to $2,000.

Tax Deductibility of Home Equity Loan Interest

The interest on home equity loans may be tax-deductible if the funds are used to improve your home. If you’re married and filing jointly, you can deduct the interest on up to $750,000 of qualified home equity loans. If you’re single, the limit is $375,000. To claim the deduction, you’ll need to itemize your tax return. A tax advisor can help you understand how this deduction applies to your specific financial situation and how you can maximize your potential tax savings.

Alternatives to Home Equity Loans

Home equity loans are just one of the many financial tools at your disposal. You might also consider a home equity line of credit (HELOC) or a cash-out mortgage refinance. Both options allow you to tap into the equity in your home, but they work a little differently. Both options can be helpful for big expenses or debt consolidation, but it’s important to compare the terms and fees to find the best fit for your financial goals.

First, let’s get into what is a home equity line of credit..

Home Equity Line of Credit (HELOC)

A HELOC is akin to a credit card, granting you the flexibility to borrow up to a set limit and pay interest solely on what you use. While the interest rates for HELOCs are variable, they can be a cost-effective solution. Typically, a 680 credit score (700 is even better) and a debt-to-income ratio under 50% (ideally under 36%) are what lenders look for. HELOCs are particularly handy if you’re uncertain about the total amount you need to borrow or anticipate expenses over time.

During the initial draw period, which often lasts 10 years, you typically make interest-only payments. (Use a HELOC interest-only calculator to estimate your monthly bills.) After that, the repayment period lasts 10-20 years; that’s when you’ll start repaying both the principal and interest. (A HELOC repayment calculator can help you determine how much you’ll owe.)

If you’re debating a HELOC vs. a home equity loan, this chart shows you their main differences at a glance.

HELOC Home Equity Loan
Type Revolving line of credit Installment loan
Interest Rate Usually variable-rate Usually fixed-rate
Repayment Repay only what you borrow plus interest; you may have the option to make interest-only payments during the draw period. Starts immediately at a set monthly payment
Disbursement Charge only the amount you need Lump sum

Cash-Out Refinance

This option replaces your current mortgage with a larger one, giving you a lump sum to work with. The amount you can borrow is tied to your home’s equity, with most lenders allowing borrowing up to 80% of your property’s value. To qualify, you need a credit score of 620 or above and a debt-to-income ratio under 43%. You can choose between fixed or variable interest rates, with the latter potentially offering more financial flexibility.

If you’re on the fence about a cash-out refinance vs. a hoem equity line of credit, consider that a cash-out refinance consolidates your debts into a single monthly payment, streamlining your financial landscape.

The Takeaway

When you’re ready to take the next step, keep in mind that a strong credit score, a manageable debt-to-income ratio, and the right property insurance can all play a part in securing favorable terms for your home equity loan. Leverage the tools and calculators at your disposal to estimate monthly payments and compare lenders. And don’t forget to account for closing costs and fees, which typically range from 2% to 5% of the loan amount. We hope this information makes your decision a bit easier — and maybe saves you some serious money.

SoFi now offers home equity loans. Access up to 85%, or $350,000, of your home’s equity. Enjoy lower interest rates than most other types of loans. Cover big purchases, fund home renovations, or consolidate high-interest debt. You can complete an application in minutes.

Unlock your home’s value with a home equity loan from SoFi.

View your rate

FAQ

What can a home equity loan help you with?

Home equity loans are a great way to finance big expenses or consolidate high-interest debt. They can also be a smart option for home improvements since they can be tax-deductible. Just be sure to use the money wisely and make sure you can afford the monthly payments.

What’s the monthly payment on a $50,000 home equity loan?

The monthly payment for a $50,000 home equity loan depends on the loan term and interest rate. For instance, with a 7.00% rate across a 20-year term, your monthly payment would be around $388. Shorten the term to 10 years, and your payment rises to $581. The longer term eases your monthly budget, but remember you’ll pay more in interest over a longer repayment term. Before you decide, compare rates and terms from different lenders to find the best fit for your financial situation.

What’s the monthly payment on a $100,000 HELOC?

The payment on a $100,000 HELOC depends on the interest rate and the payment period you’re in. There are two phases to a HELOC: the draw period and the repayment period. During the draw period, which is typically 10 years, you usually can make interest-only payments on the amount you’re using. If you draw $50,000 and your rate is 8.00%, your interest-only payment would be $333 per month. Once the draw period ends, the repayment period begins, and you’ll start paying both principal and interest. If you draw the full $100,000 at the same 8.00% rate over a 20-year repayment period, the monthly payment would increase to around $1,503. Keep in mind that HELOCs have variable interest rates, and your actual payment could be higher or lower depending on the rate and how much you borrow.

What might prevent you from securing a home equity loan?

There are a few things that might prevent you from qualifying for a home equity loan, such as not having enough equity in your home, a low credit score, and a high debt-to-income (DTI) ratio. Lenders usually require at least 20% equity in your home and a credit score of 680 or higher, although some prefer a score over 700. A DTI ratio of 43% or less is also typically required. Additionally, not having adequate property insurance, particularly in flood-prone areas, can also disqualify you. To improve your chances, consider increasing your credit score, paying down your current debts, and making sure your property is well-insured.

What are the benefits of a home equity loan?

Home equity loans are a smart choice for many reasons. They come with fixed interest rates and predictable monthly payments, which makes budgeting easier. If you’re thinking about a major expense like home renovations, college tuition, or consolidating debt, a home equity loan could be just what you need. The best part? The interest rates are usually lower than unsecured loans because your home is the collateral. And there’s a potential tax perk: The interest you pay on home equity loans used for home improvements might be tax-deductible (up to certain limits). Just remember to consider the risks, like the potential for foreclosure, before you take the leap.

SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. 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.


²SoFi Bank, N.A. NMLS #696891 (Member FDIC), offers loans directly or we may assist you in obtaining a loan from SpringEQ, a state licensed lender, NMLS #1464945.
All loan terms, fees, and rates may vary based upon your individual financial and personal circumstances and state.
You should consider and discuss with your loan officer whether a Cash Out Refinance, Home Equity Loan or a Home Equity Line of Credit is appropriate. Please note that the SoFi member discount does not apply to Home Equity Loans or Lines of Credit not originated by SoFi Bank. Terms and conditions will apply. Before you apply, please note that not all products are offered in all states, and all loans are subject to eligibility restrictions and limitations, including requirements related to loan applicant’s credit, income, property, and a minimum loan amount. Lowest rates are reserved for the most creditworthy borrowers. Products, rates, benefits, terms, and conditions are subject to change without notice. Learn more at SoFi.com/eligibility-criteria. Information current as of 06/27/24.
In the event SoFi serves as broker to Spring EQ for your loan, SoFi will be paid a fee.


Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

SOHL-Q324-283

Browse Texas home guides.

Browse home equity loan rates by state guides.

More home equity resources.

Turn your home equity into cash. Call us for a complimentary consultation or get prequalified online.

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Jul
15
2025

SoFi DM Checking Bonus

By | 1_Web_Banking | Comments Off on SoFi DM Checking Bonus

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Checking & Savings that works for you. Enjoy up to $300 on us.

Open an account with no account fees1 or minimum balances, and earn $50 or $300 cash when you set up eligible direct deposit 3. Plus, you can save with up to 4.30% 4.

1When you open a SoFi Checking Account, SoFi Bank will also automatically open a SoFi Savings Account in your name. See the SoFi Bank Deposit Account Agreement for details.

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  • No account fees1

    Say goodbye to fees. Pay no monthly, overdraft, or minimum balance fees.

  • Up to 2-day early paycheck2

    Get paid up to two days early2 – just set up direct deposit.

  • 24/7 banking security

    Around-the-clock fraud monitoring and zero liability protection keep your money safe.

  • Up to $300 bonus with direct deposit 3

    Earn $50 or $300 cash when you set up eligible direct deposit.3 See terms.

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Jul
15
2025

SoFi DM Checking APY

By | 1_Web_Banking | Comments Off on SoFi DM Checking APY

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Bank better with up to 4.30%4 and no account fees1

Open an account with no account fees1 or minimum balances, and earn $50 or $300 cash when you set up eligible direct deposit 3.

1When you open a SoFi Checking Account, SoFi Bank will also automatically open a SoFi Savings Account in your name. See the SoFi Bank Deposit Account Agreement for details.

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  • No account fees1

    Say goodbye to fees. Pay no monthly, overdraft, or minimum balance fees.

  • Up to 2-day early paycheck2

    Get paid up to two days early2 – just set up direct deposit.

  • 24/7 banking security

    Around-the-clock fraud monitoring and zero liability protection keep your money safe.

  • Up to $300 bonus with direct deposit 3

    Earn $50 or $300 cash when you set up eligible direct deposit.3 See terms.

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Jul
15
2025

Luxury Homes for Sale in New Mexico [State] – Test Page

By | mortgage | Comments Off on Luxury Homes for Sale in New Mexico [State] – Test Page






LUXURY HOMES FOR SALE IN NEW MEXICO

Find luxury homes

for sale in New Mexico.

Be ready when the perfect luxury home in New Mexico comes on the market. Get preapproved with SoFi and become a competitive buyer with a Verified Preapproval Letter.1 Plus, you could score $350 to $9,500 cash back2 when you seal the deal on your home purchase or sale with SoFi.


View your rate


View luxury homes




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

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Here’s how to search luxury homes
in New Mexico.

Help us understand your needs.

Start by answering some quick questions online to help us understand what you’re looking for. You can apply online or schedule a complimentary mortgage consultation by calling (888) 541-0398.

Get partnered with a dedicated MLO.

You’ll be paired with a Mortgage Loan Officer (MLO) who will guide you through the home-buying process and help you find a mortgage that fits your needs.

Submit your application online.

With the help of your MLO, you’ll submit your mortgage application and receive a Verified Preapproval Letter, potentially giving you an edge over other buyers as you start your luxury home search.

Connect with a real estate agent.

After approval, we’ll connect you with a qualified HomeStory real estate agent in New Mexico who specializes in luxury homes for sale. As a bonus, you could earn $350 to $9,500 in cash back rewards after closing.2


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

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Search luxury homes for sale in New Mexico.

Your dream luxury home awaits. We can help you find it—begin your search with these current listings of New Mexico’s finest luxury homes:

Credit Score

What’s your score? Your credit
score
can impact your refinance rate, monthly
payments, closing costs, and
mortgage refinancing options.

Home Equity

Has the value of your home
changed?
Getting an
appraisal and assessing the
equity of your home is an
important step
in your
home refinance.

Economic Factors

Your mortgage refinance rate
is also
influenced by
macroeconomic factors
like
inflation and
unemployment rates.
These economic conditions can drive
interest rate trends and affect
borrowing costs.



Listings displayed provided by HomeStory Real Estate Services, Inc.


View luxury homes

Preparing to buy a luxury home for sale?

Use this quick checklist to prepare for the home-buying process with us, a trusted mortgage lender.

Home Affordability Calculator‘,
title: ‘Set a budget’
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text: ‘Learn how your credit score affects your interest rate and loan options.
Understand how credit works before buying‘,
title: ‘Review your credit score’
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imgSrc: ‘https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/ML22-842706_mlproductpageredesign_checklist3_desktop%402x-1.webp’,
text: ‘Learn about the different mortgage loans available to you and find the best fit.
Types of mortgage loans‘,
title: ‘Know your loan options’
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text: ‘Figure out how much money you need to put down to qualify for a mortgage loan.
Down payment for an average home‘,
title: ‘Determine your down payment’
},
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hasCta: false,
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text: ‘Your debit-to-income ratio is a good indicator of how much home you can afford.
Why DTI matters‘,
title: ‘Improve your DTI’
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text: ‘Learn which forms are required for a mortgage loan application.
Required mortgage loan documents‘,
title: ‘Prepare your paper trail’
}
]}
/>


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Why choose SoFi for your mortgage preapproval?



  • Streamlined online process

    Enjoy a hassle-free online experience from the comfort of your current home—and skip the bank visit.



  • Quick and easy preapproval

    Get your Verified Preapproval Letter quickly, giving you confidence in your approved amount as you browse the market.



  • Flexible access

    Easily access, customize, and download your Verified Preapproval Letter online at your convenience.



  • Speedy mortgage processing

    SoFi Mortgage Loans close faster than the industry average.3


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†


Preapproval vs. prequalification.

Prequalification gives you a rough estimate of your borrowing power based on self-reported information. Preapproval takes it further by verifying your finances and credit, giving you a Verified Preapproval Letter that demonstrates your credibility to sellers. For a further comparison, see the chart below.

Preapproval vs prequalification


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Benefits of a SoFi Home Mortgage Loan:


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Boost credibility with a SoFi Preapproval Letter.

SoFi’s Verified Preapproval Letter is fully underwritten, meaning your financial info has been thoroughly reviewed and verified to make you a more attractive buyer to sellers and agents.

SoFi’s On-Time Close Guarantee offer.4

If SoFi causes a delay and your loan doesn’t close by the contract’s specified closing date, we’ll provide a credit of up to $10,000.

Efficient mortgage experience.

Our streamlined process guides you from prequalification through application to closing, helping you navigate the home-buying journey quickly and efficiently when time matters.

Earn cash back on your home purchase.

When you close on your home with SoFi and HomeStory, you could earn between $350 to $9,500—in cash back as a reward for your purchase or sale after closing.2


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†


How to get preapproved for a mortgage with SoFi:



  • Share some financial information.

    Through our easy online application, we’ll ask for a few details about your income, employment history, assets, and debts.



  • Verify your financial documents.

    Next, you’ll need to submit necessary financial documents, which may include recent pay stubs, W-2 forms, tax returns, and bank statements.



  • Complete application review and credit check.

    An underwriter will review your submitted information and documents. We’ll also conduct a soft credit inquiry for prequalification, which won’t impact your credit score.†



  • Get your Verified Preapproval Letter.

    Upon approval, you’ll receive a Verified Preapproval Letter confirming your approved loan amount, which may give you a competitive edge when making an offer on a luxury home.


    • View your rate




    NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Current mortgage rates by state.

Mortgage rates differ across states due to things like state-specific laws, the level of competition among lenders, and average loan amounts.

To compare the current mortgage interest rates, simply select your state:

Learn more about getting preapproved for a mortgage.








FAQs



Will getting preapproved impact my credit score?


No, a mortgage preapproval with SoFi requires only a soft inquiry.



How long is my preapproval valid for?


Your SoFi Verified Preapproval Letter is valid for 90 days.



What documents do I need for preapproval?


You’ll typically be asked for two years of residency history, two years of employment history, and income and credit documents (paystubs, W-2s, property documentation, etc.)



What is the minimum credit score for a SoFi mortgage?


To be preapproved for a SoFi home mortgage, you’re required to have a minimum credit score of 600. Unsure of your credit score? Check it now.



How far in advance should I get preapproved for a mortgage?


The ideal time to get preapproved for a home loan is right before you begin your home search. This lets you know exactly how much you can afford and demonstrates to a seller you can be approved for a mortgage.



What is the due diligence process like when buying a luxury home?


Due diligence involves thorough inspections (general home, pest, chimney, roof, etc.), reviewing all disclosure documents (seller disclosures, natural hazard reports, HOA documents), and researching the neighborhood and property history. This is vital to identify any potential issues before finalizing the purchase.



How does the HomeStory Rewards program with SoFi work?


HomeStory Rewards connects SoFi customers with experienced, local real estate agents in the HomeStory network. Customers who use a HomeStory agent to buy and/or sell a home are eligible for a post-closing reward of $350 – $9,500, paid by HomeStory, on each transaction (purchase of a home and/or the sale of a home). HomeStory, a real estate brokerage, manages the national network of real estate agents.



What happens after a SoFi mortgage preapproval?


Once you have a SoFi mortgage preapproval letter, you’re ready to start home shopping! With your letter in hand, you can begin looking at luxury properties in your preapproved price range. Even better, when you close on your home with SoFi, you’ll receive between $350 to $9,500 cash back as a reward for your purchase or sale.




Does preapproval guarantee a mortgage?


No. However, it does indicate a lender reviewed your financial information and determined you’ll likely be approved for a mortgage loan for a specific amount.



Is it better to be prequalified or preapproved?


Because preapproval requires a deeper dive into your financials, a preapproval is generally better when you’re shopping for a new home. However, prequalification is a great starting point if you’re just starting to consider buying a new home.



Can I use my SoFi Verified Preapproval for a different property?


Yes, you can use your preapproval for various properties. A preapproval isn’t limited to a single property.




How do I contact a SoFi mortgage specialist?


To speak with a SoFi mortgage loan officer, call 833-408-7634.



What are typical closing costs when buying a luxury home?


Closing costs typically range from 2-5% of the loan amount (not the purchase price) and include various fees such as lender fees, title insurance, escrow fees, appraisal fees, and recording fees. Buyers also often prepay property taxes and insurance.



How important is it to have a local real estate agent in New Mexico?


It’s crucial. A local real estate agent provides invaluable insights into specific neighborhoods, market nuances, pricing strategies, and navigating competitive offers. They can also connect you with trusted local lenders, inspectors, and other professionals.



How long does it take for HomeStory cash back rewards to redeem?


HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply.


See more FAQs


Terms and conditions apply. Before you apply for a SoFi Mortgage, please note that not all products are offered in all states, and all loans are subject to eligibility restrictions and limitations, including requirements related to loan applicant’s credit, income, property, and loan amount. Minimum loan amount is $75,000. Lowest rates are reserved for the most creditworthy borrowers. Products, rates, benefits, terms, and conditions are subject to change without notice. Learn more at SoFi.com/eligibility-criteria. Information current as of 12/17/25.

SoFi Mortgages originated through SoFi Bank, N.A., NMLS #696891 (Member FDIC), (www.nmlsconsumeraccess.org). Equal Housing Lender. SoFi Bank, N.A. is currently able to issue and refinance mortgages in all states except purchase only for New York.

1Verified Preapproval Letter: Terms apply. See conditional preapproval letter for details. Not a final loan approval and not a commitment to lend. HL25-2712400-C

2$350 to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.

SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.

If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.

Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.

SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.

The trademarks, logos and names of other companies, products and services are the property of their respective owners.

3Faster close than industry average: SoFi’s average time to close is 36 days for a purchase transaction loan and 40 days for a refinance transaction loan – On average over 5 days faster than the industry average (based on competitive market data provided by EllieMae for the period of 1/01/24 – 10/15/24)

4SoFi On-Time Close Guarantee: If all conditions of the Guarantee are met, and your loan does not close on or before the closing date on your purchase contract accepted by SoFi, and the delay is due to SoFi, SoFi will give you a credit toward closing costs or additional expenses caused by the delay in closing of up to $10,000.* The following terms and conditions apply. This Guarantee is available only for loan applications submitted after 04/01/2024. Please discuss terms of this Guarantee with your loan officer. The mortgage must be a purchase transaction that is approved and funded by SoFi. This Guarantee does not apply to loans to purchase bank-owned properties or short-sale transactions. To qualify for the Guarantee, you must: (1) Sign up for access to SoFi’s online portal and upload all requested documents, (2) Submit documents requested by SoFi within 5 business days of the initial request and all additional doc requests within 2 business days (3) Submit an executed purchase contract on an eligible property with the closing date at least 25 calendar days from the receipt of executed Intent to Proceed and receipt of credit card deposit for an appraisal (30 days for VA loans; 40 days for Jumbo loans), (4) Lock your loan rate and satisfy all loan requirements and conditions at least 5 business days prior to your closing date as confirmed with your loan officer, and (5) Pay for and schedule an appraisal within 48 hours of the appraiser first contacting you by phone or email. This Guarantee will not be paid if any delays to closing are attributable to: a) the borrower(s), a third party, the seller or any other factors outside of SoFi control; b) if the information provided by the borrower(s) on the loan application could not be verified or was inaccurate or insufficient; c) attempting to fulfill federal/state regulatory requirements and/or agency guidelines; d) or the closing date is missed due to acts of God outside the control of SoFi. SoFi may change or terminate this offer at any time without notice to you. *To redeem the Guarantee if conditions met, see documentation provided by loan officer.

Screen images simulated. For illustrative purposes only.

©2025 SoFi Technologies, Inc. All rights reserved. HL25-2712400


Read more
Jul
15
2025

Luxury Homes for Sale in Albuquerque [City] – Test Page

By | mortgage | Comments Off on Luxury Homes for Sale in Albuquerque [City] – Test Page






LUXURY HOMES FOR SALE IN ALBUQUERQUE

Find luxury homes

for sale in Albuquerque.

When you find the perfect luxury home for sale in Albuquerque, be ready to jump at the chance. Get a SoFi Verified Preapproval Letter1 to stand out to sellers. And when you close on your home purchase or sale with SoFi, you could earn $350 to $9,500 cash back.2


View your rate


View luxury homes




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

{/*how it works*/}

Here’s how to search luxury homes
in Albuquerque.

Help us understand your needs.

Just answer a few quick questions online to get started. You can also apply online or call us at (888) 541-0398 for a complimentary mortgage consultation.

Get partnered with a dedicated MLO.

You’ll be connected with an experienced SoFi Mortgage Loan Officer (MLO) who can help you find a mortgage that suits your needs and guide you through the process.

Submit your application online.

Submit your mortgage application with help from your MLO, and start your luxury home search with a Verified Preapproval Letter to stand out among the competition.

Connect with a real estate agent.

Once you’re approved, we’ll match you with a qualified HomeStory real estate agent in Albuquerque. And at closing, you could get a portion of the agent’s commission back as a reward—from $350 to $9,500 in cash back.2


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

{/*influence factors*/}

Search luxury homes for sale in Albuquerque.

Your dream luxury home is out there. Ready to find it? Start your search with the latest listings of luxury homes in Albuquerque.

Credit Score

What’s your score? Your credit
score
can impact your refinance rate, monthly
payments, closing costs, and
mortgage refinancing options.

Home Equity

Has the value of your home
changed?
Getting an
appraisal and assessing the
equity of your home is an
important step
in your
home refinance.

Economic Factors

Your mortgage refinance rate
is also
influenced by
macroeconomic factors
like
inflation and
unemployment rates.
These economic conditions can drive
interest rate trends and affect
borrowing costs.



Listings displayed provided by HomeStory Real Estate Services, Inc.


View luxury homes

Preparing to buy a luxury home for sale?

Use this quick checklist to ensure you’re ready to act when your dream luxury home hits the market.

Home Affordability Calculator‘,
title: ‘Set a budget’
},
{
ctaIsButton: true,
ctaLink: ”,
ctaText: ”,
hasCta: true,
imgSrc: ‘https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/ML22-842706_mlproductpageredesign_checklist2_desktop%402x-1.webp’,
text: ‘Learn how your credit score affects your interest rate and loan options.
Understand how credit works before buying‘,
title: ‘Review your credit score’
},
{
ctaIsButton: true,
ctaLink: ”,
ctaText: ”,
hasCta: true,
imgSrc: ‘https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/ML22-842706_mlproductpageredesign_checklist3_desktop%402x-1.webp’,
text: ‘Learn about the different mortgage loans available to you and find the best fit.
Types of mortgage loans‘,
title: ‘Know your loan options’
},
{
ctaIsButton: true,
ctaLink: ”,
ctaText: ”,
hasCta: false,
imgSrc: ‘https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/ML22-842706_mlproductpageredesign_checklist4_desktop%402x-1.webp’,
text: ‘Figure out how much money you need to put down to qualify for a mortgage loan.
Down payment for an average home‘,
title: ‘Determine your down payment’
},
{
ctaIsButton: true,
ctaLink: ”,
ctaText: ”,
hasCta: false,
imgSrc: ‘https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/ML22-842706_mlproductpageredesign_checklist5_desktop%402x-1.webp’,
text: ‘Your debit-to-income ratio is a good indicator of how much home you can afford.
Why DTI matters‘,
title: ‘Improve your DTI’
},
{
ctaIsButton: true,
ctaLink: ”,
ctaText: ”,
hasCta: false,
imgSrc: ‘https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/ML22-842706_mlproductpageredesign_checklist6_desktop%402x-1.webp’,
text: ‘Learn which forms are required for a mortgage loan application.
Required mortgage loan documents‘,
title: ‘Prepare your paper trail’
}
]}
/>


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Why choose SoFi for your mortgage preapproval?



  • Simple and online

    Skip the bank visit and enjoy a seamless online experience, all from the comfort of your own home.



  • Quick and easy preapproval

    Get your Verified Preapproval Letter quickly, so you can shop for luxury homes knowing your exact approved amount.



  • Convenient access anytime

    Access, customize, and download your Verified Preapproval Letter online whenever you need it.



  • Faster mortgage processing

    SoFi Mortgage Loans close faster than the industry average.3


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†


Preapproval vs. prequalification.

Prequalification is a preliminary step based on self-reported information, giving you a general estimate of what you can borrow. Preapproval is a more thorough process where we verify your finances to give you a Verified Preapproval Letter, showing sellers you’re a serious buyer. See the chart below for a further comparison.

Preapproval vs prequalification


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Benefits of a SoFi Home Mortgage Loan:


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

A SoFi Preapproval Letter.

Our Verified Preapproval Letter is fully underwritten, meaning we’ve already reviewed and verified your finances to give you more credibility with sellers and agents.

SoFi’s On-Time Close Guarantee.4

We offer a credit of up to $10,000 if your loan doesn’t close on time due to a delay caused by SoFi.

Streamlined experience.

From prequalification to closing, our home-buying experience is designed to help you move quicker through the process—especially when time is of the essence.

Earn between $350 to $9,500 cash back.2

When you close on your home with SoFi and a HomeStory agent, you could earn between $350 to $9,500 cash back as a reward for your purchase or sale.2


View your rate




NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†


How to get preapproved for a mortgage with SoFi:



  • Tell us a little about yourself.

    In our easy online application, we’ll ask for a few details about your income, employment, assets (like bank and investment accounts), and debts.



  • Get verified.

    You’ll need to submit financial documents, which may include recent pay stubs, W-2s, tax returns, and bank statements, so we can verify your information.



  • Complete application review and credit check.

    We’ll review your submitted information and documents with a soft credit inquiry, which won’t affect your credit score.†



  • Receive your Verified Preapproval Letter.

    If you’re approved, you’ll get a Verified Preapproval Letter that confirms your loan amount. This may give you an advantage when making an offer on a home.


    • View your rate




    NEW! Getting preapproved is now a soft inquiry, meaning it won’t affect your credit score.†

Current mortgage rates by state.

Mortgage rates can vary by state due to factors like state-level regulations, competition among lenders, and the average loan size in a given area.

To see how current rates compare, please select a state:

Learn more about getting preapproved for a mortgage.








FAQs



Will getting preapproved impact my credit score?


No, a mortgage preapproval with SoFi requires only a soft inquiry.



How long is my preapproval valid for?


Your SoFi Verified Preapproval Letter is valid for 90 days.



What documents do I need for preapproval?


You’ll typically be asked for two years of residency history, two years of employment history, and income and credit documents (paystubs, W-2s, property documentation, etc.)



What is the minimum credit score for a SoFi mortgage?


To be preapproved for a SoFi home mortgage, you’re required to have a minimum credit score of 600. Unsure of your credit score? Check it now.



How far in advance should I get preapproved for a mortgage?


The ideal time to get preapproved for a home loan is right before you begin your home search. This lets you know exactly how much you can afford and demonstrates to a seller you can be approved for a mortgage.



What is the due diligence process like when buying a luxury home?


Due diligence involves thorough inspections (general home, pest, chimney, roof, etc.), reviewing all disclosure documents (seller disclosures, natural hazard reports, HOA documents), and researching the neighborhood and property history. This is vital to identify any potential issues before finalizing the purchase.



How does the HomeStory Rewards program with SoFi work?


HomeStory Rewards connects SoFi customers with experienced, local real estate agents in the HomeStory network. Customers who use a HomeStory agent to buy and/or sell a home are eligible for a post-closing reward of $350 – $9,500, paid by HomeStory, on each transaction (purchase of a home and/or the sale of a home). HomeStory, a real estate brokerage, manages the national network of real estate agents.



What happens after a SoFi mortgage preapproval?


Once you have a SoFi mortgage preapproval letter, you’re ready to start home shopping! With your letter in hand, you can begin looking at luxury properties in your preapproved price range. Even better, when you close on your home with SoFi, you’ll receive between $350 to $9,500 cash back as a reward for your purchase or sale.




Does preapproval guarantee a mortgage?


No. However, it does indicate a lender reviewed your financial information and determined you’ll likely be approved for a mortgage loan for a specific amount.



Is it better to be prequalified or preapproved?


Because preapproval requires a deeper dive into your financials, a preapproval is generally better when you’re shopping for a new home. However, prequalification is a great starting point if you’re just starting to consider buying a new home.



Can I use my SoFi Verified Preapproval for a different property?


Yes, you can use your preapproval for various properties. A preapproval isn’t limited to a single property.




How do I contact a SoFi mortgage specialist?


To speak with a SoFi mortgage loan officer, call 833-408-7634.



What are typical closing costs when buying a luxury home?


Closing costs typically range from 2-5% of the loan amount (not the purchase price) and include various fees such as lender fees, title insurance, escrow fees, appraisal fees, and recording fees. Buyers also often prepay property taxes and insurance.



How important is it to have a local real estate agent in Albuquerque?


It’s crucial. A local real estate agent provides invaluable insights into specific neighborhoods, market nuances, pricing strategies, and navigating competitive offers. They can also connect you with trusted local lenders, inspectors, and other professionals.



How long does it take for HomeStory cash back rewards to redeem?


HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply.


See more FAQs


Terms and conditions apply. Before you apply for a SoFi Mortgage, please note that not all products are offered in all states, and all loans are subject to eligibility restrictions and limitations, including requirements related to loan applicant’s credit, income, property, and loan amount. Minimum loan amount is $75,000. Lowest rates are reserved for the most creditworthy borrowers. Products, rates, benefits, terms, and conditions are subject to change without notice. Learn more at SoFi.com/eligibility-criteria. Information current as of 12/17/25.

SoFi Mortgages originated through SoFi Bank, N.A., NMLS #696891 (Member FDIC), (www.nmlsconsumeraccess.org). Equal Housing Lender. SoFi Bank, N.A. is currently able to issue and refinance mortgages in all states except purchase only for New York.

1Verified Preapproval Letter: Terms apply. See conditional preapproval letter for details. Not a final loan approval and not a commitment to lend. HL25-2712400-C

2$350 to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.

SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.

If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.

Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.

SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.

The trademarks, logos and names of other companies, products and services are the property of their respective owners.

3Faster close than industry average: SoFi’s average time to close is 36 days for a purchase transaction loan and 40 days for a refinance transaction loan – On average over 5 days faster than the industry average (based on competitive market data provided by EllieMae for the period of 1/01/24 – 10/15/24)

4SoFi On-Time Close Guarantee: If all conditions of the Guarantee are met, and your loan does not close on or before the closing date on your purchase contract accepted by SoFi, and the delay is due to SoFi, SoFi will give you a credit toward closing costs or additional expenses caused by the delay in closing of up to $10,000.* The following terms and conditions apply. This Guarantee is available only for loan applications submitted after 04/01/2024. Please discuss terms of this Guarantee with your loan officer. The mortgage must be a purchase transaction that is approved and funded by SoFi. This Guarantee does not apply to loans to purchase bank-owned properties or short-sale transactions. To qualify for the Guarantee, you must: (1) Sign up for access to SoFi’s online portal and upload all requested documents, (2) Submit documents requested by SoFi within 5 business days of the initial request and all additional doc requests within 2 business days (3) Submit an executed purchase contract on an eligible property with the closing date at least 25 calendar days from the receipt of executed Intent to Proceed and receipt of credit card deposit for an appraisal (30 days for VA loans; 40 days for Jumbo loans), (4) Lock your loan rate and satisfy all loan requirements and conditions at least 5 business days prior to your closing date as confirmed with your loan officer, and (5) Pay for and schedule an appraisal within 48 hours of the appraiser first contacting you by phone or email. This Guarantee will not be paid if any delays to closing are attributable to: a) the borrower(s), a third party, the seller or any other factors outside of SoFi control; b) if the information provided by the borrower(s) on the loan application could not be verified or was inaccurate or insufficient; c) attempting to fulfill federal/state regulatory requirements and/or agency guidelines; d) or the closing date is missed due to acts of God outside the control of SoFi. SoFi may change or terminate this offer at any time without notice to you. *To redeem the Guarantee if conditions met, see documentation provided by loan officer.

Screen images simulated. For illustrative purposes only.

©2025 SoFi Technologies, Inc. All rights reserved. HL25-2712400


Read more
SoFi Daily

Stay up to date on the latest business news and stock market happenings.

Learn more

Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, years of professional experience, income, and a variety of other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Financial Protection and Innovation under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp. or an affiliate, NMLS # 696891. (www.nmlsconsumeraccess.org)

✝︎ To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

INVESTMENTS: NOT FDIC INSURED • HAVE NO GUARANTEE • MAY LOSE VALUE. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. The SoFi Wealth platform is operated and maintained by SoFi Wealth LLC, an SEC Registered Investment Advisor. Brokerage services are provided to clients of SoFi Wealth LLC by SoFi Securities LLC, an affiliated broker-dealer registered with the Securities and Exchange Commission and a member of FINRA /SIPC . Clearing and custody of all securities are provided by APEX Clearing Corporation. For more information, please see SoFi Wealth LLC’s Form ADV Part 2 by clicking here for SoFi's Wealth Form ADV Part 2 A&B or by visiting www.adviserinfo.sec.gov .
©2025 Social Finance, LLC All rights reserved.
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