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for your financial moves.

SoFi Upside Promotion Terms

SoFi Upside Promotion

Terms and Conditions (as of 9/6/2024):

Promotion provided and fulfilled by Upside. To qualify for an additional savings of $0.35 per gallon on gas in the form of cash back from Upside, SoFi Members and Registered Users of the SoFi mobile app must use the link provided to download the Upside mobile app and register as a new user of Upside. Existing Upside registered users are not eligible for this promotion. This promotion is only applicable to such SoFi Member’s or Registered User’s first two gas purchases and is in addition to the gas offer otherwise available from Upside. After the promotion, users will continue to receive ongoing Upside personalized promotions as registered users of the Upside mobile app. The Upside mobile app will require access to location services in order to find offers near you, confirm you are at the right location, and process your cash back. A credit or debit card is required to be entered into the Upside mobile app in order to verify your purchase and provide cash back. The promotional code is intended only for Sofi Members and Registered Users of the SoFi mobile app and subject to Upside’s Terms of Service. Under the Upside Terms of Service, sharing the promotional code beyond the intended audience is prohibited.

Gas discounts not available in New Jersey or Wisconsin. You must claim the offer prior to each gas purchase, and use the payment method saved in your Upside wallet. Gas purchase must be made within four (4) hours of claiming offer. Offer good at selected location of offer only. Offer valid for up to 50 gallons of gas purchased per offer. If combined with any other discount or promotion, cash back offers may be reduced by up to 5 cents per gallon. Cash back amount determined by number of gallons and the offer for the grade of gas purchased. If receipt does not include the grade of gas, you will receive the cash back applicable for regular-grade gas. You may be asked to provide proof of purchase. Gas sign prices shown are not always current or accurate, due to limitations in data reporting. Discount per gallon varies by location. Use the Upside mobile app when you purchase fuel to receive up to $0.25 per gallon cash back at participating gas stations. For information on cash back per gallon rates by location, please visit the Upside mobile app.

Redeeming Cash Back Rewards: You are eligible to redeem Cash Back rewards for an equivalent amount of cash or cash value so long as your Upside account is in good standing, subject to Upside’s terms, which are subject to change. Please be aware that certain fees and minimums may apply to redeeming any cash back and you should read Upside’s terms carefully.

Offers are subject to limited availability and may be discontinued at any time. If you have any questions, you can contact their support team: https://support.upside.com/hc/en-us/articles/360042301933-How-can-I-contact-Upside

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Essential Credit Card 9mo.

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New! Credit Card

It’s here—the new SoFi Essential Credit Card with no surprise fees.

Finally, a credit card that has your back—say goodbye to overlimit fees, returned payment fees, and annual fees. Enjoy a special 0% Intro APR on balance transfers and purchases for nine months1 and a variable 32.99% APR after that, based on your creditworthiness. Balance transfers must be completed within 60 days of account opening.


Apply now




See Pricing, Terms & Conditions


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See Rewards Details

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on the SoFi Essential Credit Card.

Get a 0% Intro APR on balance transfers and purchases for nine months.1

No overlimit fees, returned payment fees, or foreign transaction fees.

No annual fee.

Rest assured with Zero Fraud Liability Protection1 and ID Theft Protection.2

No penalty repricing—your APR won’t increase for making a late payment.

Read more

Essential Credit Card

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New! Credit Card

It’s here—the new SoFi Essential Credit Card with no surprise fees.

Finally, a credit card that has your back. Wave goodbye to overlimit fees, returned payment fees, and annual fees—and say hello to enhanced fraud protection.1


Apply now




See Pricing, Terms & Conditions


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See Rewards Details

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More reasons you can count
on the SoFi Essential Credit Card.

No overlimit fees, returned payment fees, or foreign transaction fees.

No annual fee.

Rest assured with Zero Fraud Liability Protection1 and ID Theft Protection.2

No penalty repricing—your APR won’t increase for making a late payment.

Read more

Mortgage Preapproval | SoFi






Online mortgage preapproval

Get on the fast track to home ownership with mortgage pre-approval.

Don’t miss out on your dream home. Get preapproved for a mortgage with SoFi and stand out from other buyers with a Verified Preapproval Letter.


View your rate

Why choose SoFi for your mortgage preapproval?



  • Simple and online.

    You don’t need to head to the bank to get preapproved for a home loan—you don’t even need to leave your couch.



  • Quick and easy preapproval.

    Receive your Verified Preapproval Letter and know exactly how much you’re approved for.



  • Self-serve access.

    Access, customize and download your Verified Preapproval Letter online at any time.



  • Streamlined process.

    Having a SoFi Verified Preapproval will speed up your mortgage process once you find your dream home.

What is a mortgage preapproval?

A mortgage preapproval helps you understand your home buying budget. You provide detailed information about yourself and your finances, and the home mortgage lender reviews it and comes back with a Verified Preapproval Letter which indicates the mortgage amount you’re approved for. A Verified Preapproval Letter can provide you with a competitive advantage as it shows sellers you’re serious and financially able to close the deal.


Learn more


Preapproval vs. prequalification.

Prequalification is a great way to start your house-hunting journey because it’s a quick and easy way to get an idea of how much of a loan you can get. Mortgage preapproval takes it to the next level and is a good idea if you’re ready to start looking at homes.

Preapproval vs prequalification

Benefits of a SoFi Verified Preapproval:

Get budget clarity.

Better understand your home buying budget to know what you can afford.

Know exactly how much you’re approved for.

Find out the exact amount you’d be able to secure for your home loan.

Strengthen your offer.

Show sellers you’re serious about buying. A SoFi Verified Preapproval Letter can help you stand out from other interested buyers and increase your negotiation power.

Speed up the process.

When you’re ready to buy a home, a mortgage preapproval can help make your final mortgage application process quicker.


How to get preapproved for a mortgage with SoFi:



  • Tell us about yourself.

    Share a bit about yourself and your home loan goals.



  • Provide details about your financial situation.

    Submit financial documents like pay stubs, tax returns and bank statements.



  • Wait for review.

    Your information will be reviewed by an underwriter.



  • Access your SoFi Verified Preapproval Letter.

    Your SoFi Verified Preapproval Letter will be available to you online, in your portal where you’ll be able to download or access at anytime. The letter is valid for 90 days.


  • View your rate

What happens after preapproval?

Once you have a mortgage preapproval letter, you’re ready to start home shopping! With your letter in hand, you can begin looking at properties in your preapproved price range. When you find a home you love, you can make an offer—standing out from the crowd because you have proof you can afford the home. Once you have an accepted offer, you’ll formally apply for a mortgage loan.

Remember, your preapproval is valid for 90 days, so if you don’t purchase a home in that timeframe, you’ll need to apply for a new preapproval.

Learn more about getting preapproved for a mortgage.








FAQs



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.




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.



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.


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 12/18/25.

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.

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

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