Next, some instances exist where SoFi will refuse to work at your, and you’ll consequently look for choices somewhere else. For each and every SoFi’s qualifications criteria, the firm merely facts fund to consumers that are:
- At least age vast majority in their house state
- U.S. citizens, otherwise long lasting citizen aliens or non-long lasting resident aliens that will fulfill almost every other eligibility criteria
- Purchasing otherwise refinancing a primary family, 2nd house otherwise investment property which they want to keep for about 12 months
Or even see SoFi’s qualification criteria otherwise you are looking for a lending institution you can travel to actually, you have other options. Our roundup of the best lenders helps you discuss the their additional options.
SoFi was far from the only choice from the mortgage financing space. Whether you’re looking for a conventional home loan, refinancing otherwise an enthusiastic FHA-backed mortgage, you really have a number of other available choices. Listed below are but a few to compare up against our SoFi home loan review:
SoFi Mortgage versus Skyrocket Home loan
A unique lending institution one leans heavily to your a person-amicable electronic experience, Rocket Financial clicks a lot of the same packages because the SoFi. The organization also offers fixed and you may changeable-rates antique mortgages, FHA and Va-recognized financing and you will jumbo funds.
Rocket Mortgage also offers refinancing to have latest residents. read more