Ready to ditch that $3,000+ one bedroom apartment and buy a home? With traditional mortgages, what you're able to afford in LA might not feel like much of an upgrade. And a hot market means a lot of competition for the houses you can afford. Add to that a time-consuming, archaic loan application process, and what should be an exciting milestone in your life is actually kind of a nightmare.
Enter, a better approach: the SoFi mortgage. SoFi allows you to put as little as 10% down on loans up to $5 million; offers flexible debt-to-income limits; underwrites income, assets, and credit at the pre-approval stage; all with an easy, fast process that's all online.