Commercial Lending

SoFi Is Now Offering Investment Property Loans

Online bank SoFi, in the headlines recently for its plan to go public, has also quietly begun making its mortgage loans available to investors. So reports The Motley Fool.

Like other digital platforms, SoFi’s mortgage application procedure is fully online, with the ability to link up with other financial institutions to access the proper documents.

A difference from other platforms is that SoFi offers conventional mortgages only, not VA or FHA loans, though the latter don’t apply to investors regardless.

Read the full article from The Motley Fool.

Related Content

Zillow Turns Price Estimates Into Cash Offers

SEC Sues Over Commercial Mortgage-Backed Securities Ratings

Fed Includes Commercial Real Estate in Stress Tests

click me