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By Erik Carlson |
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Comments Off on Home Equity Q4 Debt Con $50K Sweepstakes
Sweepstakes
Could your home equity help you tackle debt?
We’ll help you achieve your next ambition—no running shoes required.
And to help you go the extra mile—view your rate to consolidate high-interest debt with a home equity loan and you’ll be entered for a chance to win $50,000.*Ends 6/30/26.
View your rate
✔ Checking won’t affect your credit score.†
*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Starts 12/28/25 at 11 am PT and ends 6/30/26 at 11:59 pm PT. Subject to Official Rules, including alternate method of entry, prize details, limits, and odds: click here. Sponsor:
Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.
The race is on! Enter for a chance to win $50K* and chase down your goals.
Screen images simulated. For illustrative purposes only.
View your rate on a home equity loan and you’ll be automatically entered for a chance to win $50,000.*
Hustle up and view your rate before the race ends on 6/30/26. Limit two entries per household.
View your rate
Checking won’t affect your credit score.†
*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Starts 12/28/25 at 11 am PT and ends 6/30/26 at 11:59 pm PT. Subject to Official Rules, including alternate method of entry, prize details, limits, and odds: click here. Sponsor:
Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.
Why use a SoFi Home Equity Loan for debt consolidation?
✓
Access $50K-$350K (up to 85%) of your home equity.
✓
You keep your current mortgage rate.
✓
We offer flexible terms tailored to your budget.
✓
You could save big with lower rates than credit cards and personal loans.
✓
Simplify your finances by consolidating debt into a single low monthly payment.
*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Starts 12/28/25 at 11 am PT and ends 6/30/26 at 11:59 pm PT. Subject to Official Rules, including alternate method of entry, prize details, limits, and odds: click here. Sponsor:
Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.
One rate check. Infinite possibilities.
Your home’s equity is one of the hardest working tools you have in your tool belt to turn potential into real progress. Put it to work today—get started by viewing your rate, and you could win $50,000.*
View your rate
Checking won’t affect your credit score.†
*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Starts 12/28/25 at 11 am PT and ends 6/30/26 at 11:59 pm PT. Subject to Official Rules, including alternate method of entry, prize details, limits, and odds: click here. Sponsor:
Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.
By Wesley Yu |
Uncategorized |
Comments Off on $10k OTCG (Home X-Sell)
{/* OFFER – HERO */}
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SoFi Mortgage Loans
{/* OFFER – Title */}
{/* OFFER – Description */} Our On-Time Close Guarantee offer is backed by up to $10,000
If we don’t close your mortgage loan on-time, we’ll credit you up to $10,000
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*SoFi 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.
By Dana Paltao |
Uncategorized |
Comments Off on Home Equity $2,000 Funded Loan Offer
{/* OFFER – HERO */}
{/* OFFER – Banner */}
HOME EQUITY LOANS
{/* OFFER – Title */}
Get a $2,000 bonus with a funded home equity loan from SoFi.* Offer ends 12/31/26.
{/* OFFER – Description */}
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†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.
SoFi Bank, N.A. NMLS #696891 (Member FDIC), offers loans directly or we may assist you in obtaining a loan from Spring EQ, 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 atSoFi.com/eligibility-criteria. Information current as of 11/18/25.
In the event SoFi serves as broker to Spring EQ for your loan, SoFi will be paid a fee. Equal Housing Lender.
*$2,000 HL/HE Funded Bonus Offer: This offer is only available for new SoFi home purchase mortgage, SoFi mortgage refinance or SoFi-originated home equity loan. To receive the $2,000 offer you must:
• (1) Apply for a SoFi home purchase, SoFi mortgage refinance or SoFi-originated home equity loan through the promotional ‘View Your Rate’ link in this ad.
• (2) You must not have locked a rate for a SoFi home purchase mortgage, mortgage refinance or SoFi-originated home equity loan within the preceding 90 days. (2) Fulfill SoFi’s eligibility criteria and lock your rate.
• (3) Fund your SoFi home purchase mortgage, SoFi mortgage refinance or SoFi-originated home equity loan by 12/31/26.
• (4) Either have an existing SoFi Checking and Savings account or establish a new SoFi Checking and Savings account within 60 days after starting your home equity loan application.
This offer cannot be combined with other offers, with the exception of the standard Member discount and the SoFi Plus Member discount. To be eligible for the SoFi Plus member discount, the member must receive a Direct Deposit into their SoFi Checking/Savings account or pay the SoFi Plus Subscription Fee, at or before the time their home loan application is approved (indicated as “final approval”). Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Direct Deposit activity. There is no minimum Direct Deposit amount required to qualify for the stated interest rate.
Once conditions are met, your $2,000 bonus will be deposited into your SoFi Checking and Savings account within approximately 30 calendar days after your SoFi home purchase mortgage, SoFi mortgage refinance or SoFi-originated home equity loan funds. Bonus amounts of $600 or greater in a single calendar year will be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. Recipient is responsible for any applicable federal, state, or local taxes associated with receiving the bonus offer; consult your tax advisor to determine applicable tax consequences. SoFi reserves the right to change or terminate the offer at any time with or without notice to you. Additional terms may apply.
By Dana Paltao |
Uncategorized |
Comments Off on Home Equity $1,000 Funded Loan Offer
{/* OFFER – HERO */}
{/* OFFER – Banner */}
HOME EQUITY LOANS
{/* OFFER – Title */}
Get a $1,000 bonus with a funded home equity loan from SoFi.* Offer ends 12/31/26.
{/* OFFER – Description */}
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
{/* DISCLOSURE CONTENT */}
{/* INSERT DISCLOSURE’S HERE */}
†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.
SoFi Bank, N.A. NMLS #696891 (Member FDIC), offers loans directly or we may assist you in obtaining a loan from Spring EQ, 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 atSoFi.com/eligibility-criteria. Information current as of 11/18/25.
In the event SoFi serves as broker to Spring EQ for your loan, SoFi will be paid a fee. Equal Housing Lender.
*$1,000 HL/HE Funded Bonus Offer: This offer is only available for new SoFi home purchase mortgage, SoFi mortgage refinance or SoFi-originated home equity loan. To receive the $1,000 offer you must:
• (1) Apply for a SoFi home purchase, SoFi mortgage refinance or SoFi-originated home equity loan through the promotional ‘View Your Rate’ link in this ad.
• (2) You must not have locked a rate for a SoFi home purchase mortgage, mortgage refinance or SoFi-originated home equity loan within the preceding 90 days. (2) Fulfill SoFi’s eligibility criteria and lock your rate.
• (3) Fund your SoFi home purchase mortgage, SoFi mortgage refinance or SoFi-originated home equity loan by 12/31/26.
• (4) Either have an existing SoFi Checking and Savings account or establish a new SoFi Checking and Savings account within 60 days after starting your home equity loan application.
This offer cannot be combined with other offers, with the exception of the standard Member discount and the SoFi Plus Member discount. To be eligible for the SoFi Plus member discount, the member must receive a Direct Deposit into their SoFi Checking/Savings account or pay the SoFi Plus Subscription Fee, at or before the time their home loan application is approved (indicated as “final approval”). Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Direct Deposit activity. There is no minimum Direct Deposit amount required to qualify for the stated interest rate.
Once conditions are met, your $1,000 bonus will be deposited into your SoFi Checking and Savings account within approximately 30 calendar days after your SoFi home purchase mortgage, SoFi mortgage refinance or SoFi-originated home equity loan funds. Bonus amounts of $600 or greater in a single calendar year will be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. Recipient is responsible for any applicable federal, state, or local taxes associated with receiving the bonus offer; consult your tax advisor to determine applicable tax consequences. SoFi reserves the right to change or terminate the offer at any time with or without notice to you. Additional terms may apply.
A Dayton, Ohio, mortgage calculator can help you navigate the complex process of buying a home in Dayton. By showing you what your monthly mortgage payments would be and your overall cost of the loan, you can better understand the financial implications of buying a home and how much you can afford to spend. Below is an in-depth look at how to use our Dayton mortgage calculator.
Key Points
• The Dayton mortgage calculator can provide a clear estimate of your monthly mortgage payments, total interest paid, and total loan cost based on the home price, down payment, loan term, and interest rate.
• A 15-year mortgage term offers lower total interest paid over the life of the loan but comes with higher monthly payments compared to a 30-year term.
• Down payment assistance programs can help first-time homebuyers and those with limited savings reduce the initial financial burden of homeownership.
• Property taxes, which are included in our calculator, are another component of your total monthly mortgage payment and are based on the assessed value of your home.
• Building your credit score, shopping around for the best rates, and making a larger down payment can help you secure a lower mortgage interest rate, reducing your monthly payments and total loan cost.
Dayton Mortgage Calculator
Calculator Definitions
• Home price: The home price is the purchase price you have agreed to with the home seller. This figure may differ from the listing price and your initial offer.
• Down payment: The down payment is the amount the homebuyer pays upfront, often expressed as a percentage of the total purchase price. Most buyers put down between 3% and 20%.
• Loan term: The loan term represents the length of time you will have to repay your home loan — usually 15 or 30 years. Longer loan terms offer lower monthly payments but increase the overall amount of interest you’ll pay.
• Interest rate: The interest rate is the cost of borrowing money, expressed as a percentage of the loan amount. A lower interest rate can significantly reduce your monthly payments and the total cost of the loan.
• Annual property tax: In Dayton, property taxes are typically around 1.78% of the home’s assessed value. This tax is administered by the local government and can vary based on the home’s location and value.
• Total monthly payment: The total monthly payment includes the principal, interest, and property tax. It may also include private mortgage insurance, homeowners insurance, and homeowners association (HOA) fees.
• Total interest paid: The total interest paid is the amount of interest you will pay over the life of the loan. This figure is influenced by the interest rate, loan term, and the amount you borrow.
• Total loan cost: The total loan cost is the all-in amount you will repay for the loan, including the principal and interest. A longer loan term means more interest paid over time, while a shorter term can reduce the total cost but increase monthly payments.
How to Use the Dayton, OH Mortgage Calculator
To use the Dayton mortgage calculator effectively, follow these five steps:
Step 1: Enter Your Home Price
Enter the amount you will pay the seller for the property, which will directly impact your home loan amount and monthly payment.
Step 2: Select a Down Payment Amount
The down payment is the portion you pay upfront for the home. A down payment calculator can help you decide on your number.
Step 3: Choose a Loan Term
Select the duration over which you will repay your mortgage. Most consumers choose a mortgage with either a 30-year or a 15-year term.
Step 4: Enter an Interest Rate
Input the interest rate you think you might qualify for to the second or third decimal point. A lower interest rate can significantly reduce your monthly payments and total loan cost. If you’re looking at large loan amounts (over $800K), you’ll want to look at rates for jumbo loans.
Step 5: Add Your Annual Property Tax Rate
Property taxes are what you will pay each year to the local government. Enter the property tax percentage, not the dollar amount. The Montgomery County (Dayton) property tax rate is 1.78% of the home’s assessed value.
Benefits of Using a Mortgage Payment Calculator
A mortgage calculator estimates how much house you can afford by projecting monthly payments based on loan amount, interest rate, and term. This aids in comparing costs, like interest rate impacts and choosing between a shorter or longer loan term. It also shows how your down payment will affect your monthly mortgage payments.
Mortgage calculators are also particularly useful for first-time homebuyers who may not be aware of all that goes into a mortgage payment and how that payment is determined. Keep in mind, though, that the calculator is designed for fixed-rate mortgages. If you choose a loan with a variable rate, your payment will not remain the same throughout the life of the loan.
By using a mortgage payment calculator, you can set realistic savings goals, plan your budget effectively, and ensure that your home purchase is financially feasible.
The median home sale price in Dayton in 2025 was $150,000. Lenders advise keeping housing costs under 28% of gross monthly income. A $150,000 home would require an annual income of $35,000, assuming a 20% down payment ($30,000) and a 7.00%, 30-year mortgage. The monthly mortgage payment would be about $798.
Total debt should stay within 36% of income, leaving potentially $230 for other debts (auto loans, student loans, and credit cards). Use a home affordability calculator to estimate what you can afford.
It can be useful to go through the mortgage preapproval process with a potential lender to get a clear picture of how much of a loan you can afford.
Current mortgage rates by state.
Compare current home interest rates by state and find a mortgage rate that suits your financial goals.
Select a state to view current rates:
Components of a Mortgage Payment
The main components of a mortgage payment are the principal and interest. The mortgage principal is the amount you borrow, while the interest is the cost of borrowing that money. Our Dayton mortgage calculator also factors in property tax.
Other components of a mortgage payment may include:
• Homeowners insurance: Protection against damage to your home and personal property.
• Private mortgage insurance (PMI): Required if your down payment is less than 20% of the home’s value.
• HOA fees: Monthly or annual fees paid to a homeowners association for maintenance and management of common areas and amenities in a community.
If you’re considering an FHA loan, you may want to use an FHA mortgage calculator, which allows for that kind of loan’s mortgage insurance premiums.
Likewise, a VA mortgage calculator can be helpful if you’re looking at a loan backed by the U.S. Department of Veterans Affairs.
Cost of Living in Dayton, OH
The cost of living in Dayton is 3-4% below the national average, according to COLI 2024 Annual Average Data. On an index where 100 is the U.S. average cost of living, Dayton weighs in at 96.5, making it one of the more affordable cities in the country.
Housing is particularly budget-friendly, falling nearly 18% below the national average. This affordability extends to groceries and transportation, allowing residents to enjoy a comfortable lifestyle without stretching their budgets.
Here’s how Dayton compares to the national average in other areas:
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.
Dayton’s First-Time Homebuyer Assistance Programs
If you’re buying your first home in Dayton, there are several Ohio down payment assistance programs available to help you cover the initial costs. These programs can provide financial aid for the down payment, closing costs, or both. To qualify, you typically must not have owned a primary residence within the past three years. Research local programs and consult with a lender to find the best options for your situation.
If you find your mortgage payment seems too high, there are some strategies you can try to lower it. Your options may include the following:
• Once you have 20% equity in your home, you can request to have private mortgage insurance (PMI) removed, which can significantly lower your monthly mortgage expenses.
• If you receive a bonus or other windfall, mortgage recasting can be a smart financial move. By making a lump sum payment toward your mortgage principal, you can reduce your monthly payments without changing the interest rate or loan term.
• You can extend the loan term by refinancing your mortgage. For instance, if you originally had a 15-year mortgage, refinancing your mortgage to a 30-year loan term can significantly lower your monthly payments. However, this strategy comes with a trade-off: you’ll pay more in interest over the life of the loan.
• If you believe your annual property tax is too high, you can appeal your property taxes. Start by reviewing your home’s assessment and comparing it to similar properties in your area.
• If you’re facing financial hardship, you might consider modifying your loan to improve your overall situation. This often involves changing the terms of your mortgage to make payments more manageable on a monthly basis.
• Consider shopping for a lower homeowners insurance rate. You can lower your premium by increasing your deductible or bundling homeowners and auto insurance.
The Takeaway
Using a Dayton mortgage calculator can help you estimate your monthly payments and provide valuable insights into your financial readiness for homeownership. To use the calculator, simply input the purchase price, your down payment amount, the interest rate, the loan term, and the property tax rate.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
The average mortgage payment in Dayton in 2025 was $1,250. However, payments for the same priced home can vary based on the down payment and interest rate.
How does my credit score affect my mortgage loan interest rate?
Your credit score plays a significant role in determining your interest rate for a mortgage loan. A higher credit score can secure you a lower interest rate, reducing your monthly payments and the total cost of the loan.
What are principal and interest on a mortgage loan?
The mortgage principal is the amount you borrow, while the interest is the cost of borrowing that money. In the early years of your mortgage, a larger portion of your payment goes toward interest, but over time, more of it pays down the principal.
How much should I put down on a mortgage?
Deciding on a down payment is a critical step in the home-buying process. A larger down payment can reduce your monthly payments and eliminate the need for private mortgage insurance (PMI). However, the amount you should put down depends on your financial situation. For example, a 20% down payment on a $300,000 home would be $60,000, while a 3.5% down payment would be $10,500. You can use a down payment calculator to help decide how much is right for your financial situation.
How can I get a lower mortgage interest rate?
To get a mortgage interest rate that is more favorable, build your credit score. Lenders often provide better rates to borrowers with higher scores. You can build your score by paying all of your bills on time, keeping your credit utilization ratio low, and disputing any errors you see on your credit report.
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.
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.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
†Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.
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.
