What is cosigner release?

Cosigner release allows primary applicants to release their cosigner from the loan obligation after making required full principal and interest payments and meeting other credit and income criteria. SoFi offers cosigner release to borrowers who have made 12 months of consecutive on time payments, or the equivalent of 12 months of payments. Borrowers still must pass an underwriting review and meet all other requirements. Requirements subject to change. For more information or to apply visit www.sofi.com/sl-info-center if your servicer is MOHELA. If your loan is serviced by SoFi, give us a call at 855-456-7634 for further assistance.

Note: Cosigner release is not available for Student Loan Refinance loans. It is only available for InSchool Loans disbursed after May 1, 2019.