SoFi officially licensed to lend in New York

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Borrowers outside AR, AZ, FL NJ, NY, and WV; Personal loans over $25k. shop for a personal loan elsewhere (lenders like SoFi, LightStream and Wells Fargo. will need to verify the information you provided to officially approve you for the loan. Licensed by the Department of Business Oversight under the California.

Social Finance, also known as SoFi, is a bit of an elite club in the online lending world. First started as a student loan refinancing company in 2011 by an alum of Stanford University, SoFi has made a name for itself in several financial sectors including personal loans and home mortgages in the ensuing years.

In January, SoFi reached a milestone when it received a license to lend in New York which is notorious for being a tough state to get a mortgage lending license. SoFi, which got into the mortgage business in 2014, is slated to grow further by lending to mortgage borrowers in New York, one of the biggest growth markets for SoFi.

Online lending FinTech SoFi reported a $12 million loss for its Q3 earnings, and it. Samsung Introduces Three New Smart Home Items. Get our hottest stories delivered to your inbox.. petro to its residents last month through an official government portal. FairFX Licensed To Enter Biz Lending Space.

SoFi is reinventing consumer finance for the better as a leader in marketplace lending. SoFi helps ambitious professionals accelerate their success with student loan refinancing, mortgages, mortgage refinancing, personal loans, parent loans and more.

After roughly a year to get finalized, SoFi officially received its license to lend in New York, which is one of the most difficult states to acquire a license in, Michael Tannenbaum, SoFi’s.

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