Why SoFi
Finance debt consolidation or home improvements with SoFi as your Home Equity broker.
No change to your mortgage rate
No need to refinance your first mortgage. And for qualified borrowers, there are options to access a large portion of your home’s equity
Lower monthly payment
You could save compared to a high-interest credit card or unsecured installment loan.
Finance almost anything with up to $500k
Access up to $500,000 of your home's equity (up to 95%) to finance home improvements or consolidate debt.
Dedicated one-on-one support
You’ll have a dedicated SoFi Mortgage Loan Officer to help you find the right loan option.
How it works:
1
Help us understand your needs
Answer a few questions online to help us assist you better.
2
Get paired with a dedicated loan officer
You’ll be connected with an experienced SoFi Mortgage Loan Officer ready to help you determine the right product for you.
3
Submit your application.
Your SoFi loan officer will submit a home equity application for you to get you access to your cash.
Why Home Equity
could be right for you:
Pay off high-interest debt
You could save with a lower monthly payment by consolidating high-rate credit cards or other installment loans to a lower rate.
Home improvement
Renovations often result in a higher home value. Home equity can be a cost-effective and tax-deductible way to bring your ideas to life.
Large purchase
No restrictions on how funds are used. Plus, low rates and longer term options could result in lower monthly payments versus other loans.
