Home Loans
About SoFi Home Loans
- Wyndham Capital Mortgage Acquired By SoFi
- How do I request a Home Loan Payoff quote?
- Does Sofi offer any special products for first time home buyers?
- What type of properties are eligible for or I can get financing for on a SoFi Home Loan?
- What is your rate lock policy?
- Does SoFi require a property appraisal?
Application Process
- I have Restricted Stock Units (RSU's) with my current employer. Can I use this to qualify for a SoFi home loan?
- I don’t have a credit score, can I get a SoFi Home Loan?
- I need to make changes to my home loan application and can’t.
- How do I provide documents for my home loan?
- Do you allow e-signing for every document in the home loan transaction?
- Are there alternatives to in-person appraisals?
Rates
Home Loans Information
- Does SoFi have any renovation tips for increasing home value?
- I have Restricted Stock Units (RSU's) with my current employer. Can I use this to qualify for a SoFi Home Loan?
- I want to build a house, does SoFi offer Construction Loans?
- Does SoFi offer refinancing options or just new purchase home loans?
- Do you offer home loan amounts greater than $1 million?
- I do not currently owe any money on my house, can I still get a loan?
Adjustable Rate Mortgages
- What is the Libor Index?
- How do you read ARM rates?
- How does SoFi determine what the Adjustable Rate Mortgage (ARM) rate will be?
- What index do you use?
- What is the difference between an ARM and a Fixed rate loan?
- What is an Adjustable Rate Mortgage (ARM)?
Fees & Costs
- I received a tax bill (delinquent or otherwise) from my county/city/town. Where do I send it?
- Can I roll my closing costs into my home loan?
- Are there prepayment penalties?
- What are standard third-party closing costs?
- Does SoFi charge lender fees?
- Do I have to pay for an appraisal?
Home Loan Servicing
- I need to make an insurance claim. What do I do?
- How do I log into the Home Loans Servicing website?
- If I want to pay off my loan early or pay more than the minimum payment, does SoFi Home Loans charge a fee?
- My first home loan payment is due, but I don’t know where to make my payment?
- How do I set up ACH for my home loan payments? How do I delete ACH?
- How do I sign up for bi-weekly payments?