SoFi HELOC review 2026
SoFi offers a variable-rate HELOC with a starting APR of 6.37%–9.74% initial APR (variable). It's best for larger lines and high-cltv borrowers wanting an all-online process, typically wants a credit score of 680 (700+ for maximum CLTV) or higher, and lends up to $500,000 at a maximum combined loan-to-value of Up to 90%. Compare it against at least two other lenders before deciding — checking your rate through King of HELOC won't affect your credit.
SoFi HELOC at a glance
| Starting APR | 6.37%–9.74% initial APR (variable) |
|---|---|
| Min. credit score | 680 (700+ for maximum CLTV) |
| Max. loan | $500,000 |
| Max. CLTV | Up to 90% |
| States | Availability varies by state (not offered in all states); see SoFi eligibility criteria |
| Best for | Larger lines and high-CLTV borrowers wanting an all-online process |
SoFi HELOC pros and cons
Pros
- High combined LTV (up to 90%) with a fully online application
- No-origination-fee HELOC option available for eligible borrowers
Cons
- High $50,000 minimum initial draw plus 680+ credit and 45% max DTI requirements
- Origination fee plus third-party closing costs apply unless waived (no-fee option carries higher rates)
Who a SoFi HELOC is best for
A SoFi HELOC is best for larger lines and high-cltv borrowers wanting an all-online process. To qualify you'll generally need a credit score around 680 (700+ for maximum CLTV), a debt-to-income ratio of 43% or less, and enough equity to keep your combined loan-to-value at or below Up to 90%. Strengthen any one of those before applying and you'll unlock better pricing — see our HELOC requirements guide and how to get the best HELOC rate.
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How this review was made (methodology)
Details above are compiled from public sources, including SoFi's own published disclosures and third-party reviewers, and were accurate as of 2026-06-28. Rates are variable and change frequently. Ratings shown are third-party scores, attributed to their source — they are not King of HELOC's own ratings, and we don't publish invented ratings, rates, or customer reviews. Always confirm current terms on the lender's site before applying.
How we make money. King of HELOC is a marketing and lead-generation service, not a lender, and is not affiliated with or endorsed by SoFi. We may be compensated by lending partners when you're matched with them, which can affect placement but never our editorial standards or the data on this page. All lines are subject to credit approval, income verification, and property valuation.
Compare other HELOC lenders
- Chase HELOC review — moderate lines and second-home helocs
- Bank of America HELOC review — low-fee helocs with intro rate and fixed-rate option
- U.S. Bank HELOC review — borrowers who want fixed-rate locks and no-closing-cost helocs
- See all best HELOC lenders →
Frequently asked questions
Is SoFi a good HELOC lender?
SoFi is best for larger lines and high-cltv borrowers wanting an all-online process. Independent reviewers rate it 4.1/5 (LendEDU). As with any HELOC, whether it's the best choice depends on your credit, equity, and state — compare it against at least two other lenders before deciding.
What credit score do you need for a SoFi HELOC?
SoFi typically looks for a credit score of 680 (700+ for maximum CLTV) or higher. The lowest HELOC rates generally go to borrowers with 740+ credit, a low debt-to-income ratio, and a combined loan-to-value at or below Up to 90%.
How much can you borrow with a SoFi HELOC?
SoFi lends up to $500,000 on a HELOC, subject to a maximum combined loan-to-value of Up to 90% of your home's value minus what you still owe on your mortgage.
What states does SoFi offer HELOCs in?
Availability varies by state (not offered in all states); see SoFi eligibility criteria Availability and terms can change, so confirm on SoFi's site before applying.