CES HFI
$350,000
What is required if DTI is above 45%?
Minimum 740 FICO score OR a Minimum 700 FICO score and $3,500 of Monthly Residual Income.
Bonus Question $200
What is residual income?
What is the maximum allowable employment gap?
30 days
Which country has the second most english speakers in the world?
Hit; USA has the most
India
What year did Sofi start?
2011
Bonus Question $200 What year did SoFi Launch Mortgage?
How long are credit reports good for?
120 days
For a Primary/Secondary Home, what is the minimum confidence score and max loan/line amount to use an AVM?
Min confidence score is 80
Loan/line amount is $400,000
Bonus Questions $200
What is the max CLTV to use an AVM if the loan/line is between $250,000 to $400,000?
What is the HELOC Rate Floor and Lifetime rate Cap?
Floor is 4%, Lifetime cap is 18%
What two states do not observe daylight Savings time?
Arizona & Hawaii
What year did SoFi go public?
2021
What is the waiting period for a Chapter 7 Bankruptcy?
7 years
What is the maximum line amount for 1st Lien HELOCS?
$750,000
Bonus Question $200
What is the minimum credit score for lines above $400,000
How many days of YTD Earnings is required on a paystub?
90 days
Name two artist who performed at the world cup halftime show.
Madonna, Shakira, BTS, and Justin Bieber
What was the first Product Sofi offered?
Student Loan Refinance
When is the earliest we can pay off an existing SOFI CES HFI with a new CES HFI?
4 months or 121 days
For a Investment Home, what is max loan/line amount to use an AVM?
$249,999
Bonus Question $200
What is the max line amount to use an AVM on a 1st line HELOC?
What is the minimum mortgage reporting History?
6-month reporting history – can use a combination of previous and current mortgages as long as it is tied to a property owned by the Member(s)
Name two countries that are in two continents.
Egypt, Azerbaijan, Georgia, Kazakhstan, Russia, Turkey and Panama
What college football team will have a SoFi patch on their Jersey this year?
Notre Dame
When are taxes and or insurance required to be paid at closing?
If the member does not escrow their first mortgage and taxes/insurance is due with 60 days of funding.
What is the Ownership Seasoning requirement for Investment Properties?
At least one borrower must have been on title for a minimum of 6 months prior to the application date.
Bonus Question $100
What is the ownership seasoning requirement for primary/second home?
What is the payment History Requirement for non real estate trade lines?
0x30x12
Bonus Question $200
What is the payment history requirement for any Sofi Loan?
What is the largest grossing movie of 2026?
Toy Story 5
What college did Anthony Noto graduate from?
West Point (U.S Military Academy)