What is the Member Home Loan Discount? July 01, 2026 14:38 Updated Follow SoFi offers eligible members a one-time discount of $500 off the origination fee for a SoFi home purchase or refinance mortgage, or $200 off the origination fee for a home equity loan. You can learn more about the Member Home Loan Discount here. Related articles I received a bonus for opening an account or referring people to SoFi—do I need to think about the tax implications of these bonuses? What is an Adjustable Rate Mortgage (ARM)? What is my SoFi Invest Instant Funding Limit? Switching to SoFi Checking and Savings Accounts: What Changes and What Stays the Same? Are reward points taxable?