SoFi Mortgage Refinance Review

Standard $1,495 origination fee on refinance with $500–$1,000 member discounts. Independent SoFi Mortgage Refinance review: 4.7/5 for refinance.

By Michael Hewitt, Founder & Editor-in-Chief. Rates last checked September 7, 2026.

Our verdict

SoFi's refinance rewards borrowers who already bank there: the standard $1,495 origination fee drops by $500 for members, or $1,000 with SoFi Plus or direct deposit, and the best rates require autopay from a SoFi account. Unemployment protection can pause payments for 3 months. It covers conventional and jumbo loans only, with no FHA or VA refinance.

Skip it if you have an FHA or VA loan to refinance, or if you won't set up autopay from SoFi.

About SoFi Mortgage Refinance

Standard $1,495 origination fee on refinance with $500–$1,000 member discounts. SoFi Mortgage Refinance is offered by SoFi Bank, N.A. Our editorial rating is 4.7 out of 5.

Best for: SoFi members refinancing with excellent credit.

Editorial grade: A+ (composite score 94/100).

Highlights

• $1,495 standard origination fee ($500–$1,000 off for SoFi members)
• $500 origination fee discount for SoFi members ($1,000 with SoFi Plus or direct deposit)
• Unemployment protection pauses payments for 3 months

What we like

• Member discounts cut the $1,495 origination fee to $995 or $495
• Member discount stacks with competitive base rate
• Unemployment protection included

Where it falls short

• Limited to conventional and jumbo (no FHA/VA refi)
• No physical branch locations

Fees, minimums, and rates

Monthly fee: $1,495 origination. Minimum to open: $75,000. Current APY: 6.35%. New-customer bonus: $500–$1,000 off origination fee (SoFi members). Rates and fees last checked on September 7, 2026.

How we reviewed it

This is a desk review: we have not opened an account with SoFi Bank, N.A.. It is built from SoFi Bank, N.A.'s published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Refinance shortlist. The rubric is the same for every brand.

The bank behind this account

• SoFi Bank, FDIC certificate 26881: capital, loan quality, every office and the complaint record.

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Read our full editorial methodology for how we review products.