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SoFi Blog

Tips and news—
for your financial moves.

DM – HL Prospect Trigger (New)

With a SoFi Mortgage,
You’re eligible for a
$1,000 cash bonus.*

Here’s a great reason to choose SoFi for your next home
purchase or refi. Get a $1,000 cash bonus into a SoFi Checking
and Savings account once your loan is funded! Start by viewing your
rate-it takes minutes and won’t affect your credit score.

Confirmation # required


Where’s my confirmation #?

Your confirmation # is a 13—digit code on the right hand side of the SoFi offer you received in the mail.


 

Don’t worry—checking your rate will not affect your credit score.


Why SoFi

Mortgages?

Help when you need it.

Our Mortgage Loan Officers (MLOs) can guide you through the process—and we have member specialists standing by to answer any other questions.

Flexible loan options

✓ Choose from 10-, 15-, 20-, and 30-year fixed terms5-8

Simple online application.

Buying a home shouldn’t be so painful–our online application is simple, and we have dedicated Mortgage Loan Officers to guide you through the process.

Low down payment options

Down payments as low as 3% for first-time borrowers^, or as low as 5% for other borrowers.^

Private Mortgage Insurance (PMI) is an insurance that protects lenders in the event of loan default.

^ 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.

Lock in today’s rate and find the home you love.

Our Lock and Look feature² allows you to lock in your rate for 90 days while you search for the perfect place to call home.


Close. On. Time.

Guaranteed.

You deserve a more zen mortgage. Our Mortgage Loan Officers are dedicated to closing your new home purchase on time – backed by our $5,000 guarantee offer.


⁵ 30-YEAR Payment Example: The payment for a 30-year term, loan amount $362000.00, Rate 5.990%, LTV 80% is $2168.00 for full Principal and Interest Payments with $5017.32 due at closing. The Annual Percentage Rate is 6.207%. 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.

⁶ 20-YEAR Payment Example: The payment for a 20-year term, loan amount $362000.00, Rate 5.750%, LTV 80% is $2542.00 for full Principal and Interest Payments with $5940.42 due at closing. The Annual Percentage Rate is 6.068%. 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.

⁷ 15-YEAR Payment Example: The payment for a 15-year term, loan amount $362000.00, Rate 5.125%, LTV 80% is $2886.00 for full Principal and Interest Payments with $5082.48 due at closing. The Annual Percentage Rate is 5.482%. 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.

⁸ 10-YEAR Payment Example: The payment for a 10-year term, loan amount $362000.00, Rate 5.125%, LTV 80% is $3862.00 for full Principal and Interest Payments with $5111.44 due at closing. The Annual Percentage Rate is 5.636%. 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.

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Sam Auto Refresh


AUTO INSURANCE

Auto insurance
made easy.

We’ve teamed up with Experian® to help you protect your vehicle with the right auto insurance coverage at the right price.


Compare quotes now

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Get coverage that’s right for you.

  • Compare quotes

    Check prices and coverage options from a network of top insurance providers.

  • Save time

    Answer a few simple questions to get all your quotes in minutes, all in one place.

  • Personalized coverage

    See options tailored to fit your needs and compare them to your current policy.

  • Great rates

    Competitive quotes from different providers could help you save $961 a year on average.*

How it works:

How it works:


  • Personalize it.

    Answer a few questions about your
    home and needs.

  • See your quotes.

    Get offers from up to 40 top insurers
    to find the best rate.

  • Get covered.

    Purchase your favorite policy. That’s it!


Compare quotes now

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FAQs


How is Experian® different from other insurance companies?
Experian® is an online insurance broker and agent. Experian® doesn’t replace the insurance company, it just helps you shop. Experian’s product is a free tool that helps you compare auto and home insurance rates across top providers and finds you the cheapest rate for your exact coverage.


How does Experian® work?
Experian® uses the account credentials to your current insurance account (or a PDF of your policy declarations page) to learn about your current coverage details, so you don’t have to input them manually. Experian® uses those details to get you apples-to-apples comparisons for the same coverage from other insurance providers to find a great rate. If you don’t want to use this feature, you can manually enter your information and select coverage type to get a quote.


How does Experian® make money?
Just like all agents, Experian® is paid a commission by the insurance company. There is no upcharge to you, Experian’s tool is free for you to use. These commissions are from the insurance companies’ marketing budgets given Experian® brought them new customers, not from your premiums. Your rates are the rates provided and don’t change. Experian® shows you quotes based on your savings. Experian® does not sell or share your data and doesn’t cold call or spam its customers.


See all FAQs



Get auto insurance today.


Compare quotes now

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