After that, some instances occur in which SoFi commonly won’t work at you, and you’ll consequently check for choices elsewhere. For each SoFi’s eligibility standards, the firm only products fund to consumers who are:
- At the least the age of vast majority in their house state
- You.S. people, otherwise permanent citizen aliens or low-permanent citizen aliens who will see other eligibility conditions
- To acquire otherwise refinancing a first house, 2nd house otherwise investment property that they want to keep for at the least 1 year
Otherwise satisfy SoFi’s eligibility requirements or you are looking for a loan company you can check out physically, you’ve got additional options. Our very own roundup of the best lenders can help you mention a number of your other options.
SoFi try from the your only option regarding mortgage credit space. Regardless if you are selecting a traditional financial, refinancing or an FHA-recognized financing, you have got numerous other choices. Listed here are just a few evaluate against our SoFi financial review:
SoFi Financial vs Rocket Financial
An alternative lending institution one to leans heavily to the a person-amicable digital experience, Skyrocket Mortgage ticks most of the same packets as SoFi. The organization has the benefit of fixed and you will adjustable-rate conventional mortgages, FHA and https://paydayloanalabama.com/carrollton/ you may Virtual assistant-backed finance and you can jumbo finance.
Skyrocket Home loan offers refinancing having most recent property owners. However, for individuals who actually have your own important factors, you will find you to definitely key difference in the two lenders: SoFi simply even offers HELOCs, and you will Rocket Financial simply also offers domestic security fund.