Mortgages

SoFi Mortgage: how to apply

Applying for a mortgage can seem daunting, but with SoFi, it's simple. We'll guide you through the process step-by-step and make it easy for you to get the right mortgage for your needs.

Advertisement

SoFi Mortgage: Fast, easy, and fully online application process

SoFi logo
Learn how to apply for the SoFi Mortgage in this full article! Source: The Insider Advisor

If you’re looking for a new home loan to buy your dream house and want to apply for the SoFi Mortgage, you’re in the right place! 

card

Mortgage

SoFi

Fully online Easy and fast

Lower interest rates! Enjoy up to $500 discount!

You will be redirected to another website

This article will teach you how this mortgage application process works and the requirements. By the end of this post, you’ll be able to apply without trouble. Read on to learn more!

How to apply on the website

You need to enter your name, your state, and your email address. In the next pages, they’ll ask you the type of mortgage you’re looking for and the property you’re interested in.

After that, you must fill in the estimated purchase price and down payment you want to apply for.

Further, you’ll provide your information, such as your home address, phone number, and social security number. 

Once you submit all that information, you’ll find out whether you’re pre-approved!

After being prequalified, you will select the home loan that matches your current finances and complete your application process.

Applicants can submit any requested documents and sign papers through SoFi’s digital platform.

It usually takes 28 days for the mortgage to close, and you can also track your application status through the digital platform.

Requirements

If you want to apply for the SoFi Mortgage, you must have a minimum credit score of 620.

Moreover, the maximum debt-to-income ratio is 45%, and employment verification is also required.

Apply on the mobile app

You can only apply for the SoFi Mortgage through the website. Nevertheless, SoFi offers a great mobile app for its customers.

You can download it through the Google Play store and Apple store. And once you’re approved for a home loan, you can manage your mortgage in the palm of your hands.

Useful feature, isn’t it?

Find other loan options: PNC Bank Mortgage

Young man smiling confident using laptop at new home
Apply for the SoFi Mortgage and enjoy its benefits! Source: Adobe Stock

Now that you know how to apply for the SoFi Mortgage and how it works, it’s time for you to start comparing your options! So let’s meet another lender and see which one is the best for you!

The PNC Bank Mortgage offers both conventional and government-backed loans. It provides multiple mortgage options for potential applicants.

Also, it is available nationwide and offers online and in-person services for customers.

The preapproval only takes 30 minutes and is made fully online. Compare below both products’ features!

SoFi MortgagePNC Bank Mortgage
Credit scoreAt least 620620 or more
Loans offeredConventional, Jumbo, Home EquityHome Equity, Jumbo, Fixed, Adjustable, FHA, VA, USDA.
Minimum down payment3%3%
APRIt varies depending on the loan typeNot disclosed on the website.
Terms10,15, 20, and 30 year fixed termsUp to 30 years.

Do you want to learn more about the PNC Bank Mortgage and how to apply for it? Then read the following article.

We’ll fill you in on how the application process works and the requirements for you to qualify for it!

PNC Bank logo

PNC Bank Mortgage: how to apply

Ready to apply for the PNC Bank Mortgage? This guide will take you through the entire process, step-by-step.

About the author  /  Beatriz Vieira

Beatriz Vieira is a producer and copywriter who is part of the finance writer team in this portal. She has a degree in Journalism and aims to improve her bilingual writing skills. Her subjects of most significant interest are culture, finances, and self-development.

Trending Topics

content

100 Lenders review: Learn how it works and if it’s worth it

Want to get the best personal loan option? Then read this 100 Lenders review and learn if it’s good for you! All types of credit are accepted.

Keep Reading
content

BNC National Bank Mortgage review: rates, terms, pros and cons

Learn more about this lender in this BNC National Bank Mortgage review. Choose from multiple loan options. Customize your interest rates.

Keep Reading
content

Home buying checklist: what to consider before purchasing a new home

Buying a home is a huge decision - make sure you're prepared by using this comprehensive home-buying checklist. Keep reading to learn more!

Keep Reading

You may also like

content

PrimeLending Mortgage: how to apply

Learn how to easily apply for PrimeLending Mortgage. Enjoy a straightforward process and over 400 loan options! Stick around and learn more!

Keep Reading
content

Cheap JetBlue Airways flights: Get the best flight deals from $69.99!

Learn how to find JetBlue Airways cheap flights. Enjoy the TrueBlue program and earn while traveling. Keep reading to learn more!

Keep Reading
content

Cheap Spirit Airlines flights: the best way to enjoy your next trip

Looking for cheap fares? Look no further! Learn how to book the best deals on airfare take your Spirit Airlines cheap flights!

Keep Reading