SoFi Blog

Tracy Alloway writes about SoFi’s recent securitization, rated ‘A’ by S&P, and the implications for the peer-to-peer lending sector.

When the government lowered federal loan rates last year, we stopped lending to college students and refocused our business on refinancing graduates.  The combination of lower loan rates and guaranteed government protections made it hard for us to justify choosing a SoFi loan while in school.  Our advice was to graduate, get a job and then consider SoFi.  Over 8,500 of you have done that, refinancing over $700 million in loans with us, saving money and gaining benefits like our unemployment protection and entrepreneur program.

As a career counselor and career coach, one of the most common questions I hear from clients is how to improve a resume.  While there are plenty of tips and best practices out there, I find that a lot of job seekers get tripped up from hearing too much advice about what to include, how to format things, etc.  Clients often say to me, “Someone told me to do this, but someone else told me to do that – which one should I do?”

It’s a fair question, but it’s one that always raises a red flag for me.  Why?  Because I don’t think job candidates should spend excessive time and effort on their resumes.  And that’s exactly what all this well-meaning advice causes them to do.

Applicants must be U.S. citizens, permanent residents, or non-permanent resident aliens and be the age of majority in their state of residence. SoFi also offers loans to certain non-permanent resident aliens on eligible visas. All applicants must reside in one of our eligible states. Moreover, mortgage eligibility also depends on a number of additional factors, such as credit scores, income, employment status, and property eligibility. Please review SoFi’s mortgage eligibility criteria for further details.