Fitch Expects to Rate SoFi Inaugural Residential Mortgage Backed Securities

Dont Bank SoFiFitch shared last week its intent to rate SoFi’s RMBS transaction that included 270 loans with a total balance of approximately $168.79 million. The group of loans consists of prime fixed-rate mortgages originated on the SoFi online lending platform.

The presale report was pretty positive about the Mortgage assets stating;

“The collateral attributes of the pool are among the strongest of those securitized and rated by Fitch.”

No small praise.

Fitch said the high-quality mortgages were 15 and 30-year loans from borrowers with strong credit profiles and an average FICO of 777.  An original combined loan to value was pegged at 56.5%.  The loans were highly concentrated in California – SoFi’s home turf.

This is SoFi’s first mortgage-backed securitization.

Triple AEarlier this year, SoFi received Moody’s highest rating on a bond deal backed by SoFi’s student loans.  The first ever for an online lender.

In 2015, SoFi received a $1 billion investment from SoftBank. This investment saw SoFi awarded the title of largest Fintech investment ever.

 



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Share this graph
Number of Filings131Prior 125 +4.8%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTDYear priorChange
Filings 131 125 +4.8%
Target raise $3.40B $3.54B -3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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