SoFi Mortgage Payoff: Win up to $500,000 Sweepstakes
The prize is a payment of up to $500,000 toward the winner's primary mortgage loan balance. Social Finance (SoFi) runs the sweepstakes. Existing SoFi purchase or refinance mortgage borrowers as of September 16, 2026 receive one entry. Anyone who gets a new SoFi purchase or refinance mortgage for their primary residence during the entry period receives entry instructions by email once the loan funds. The payment is limited to the lesser of $500,000 or the winner's current mortgage balance at winner verification. The entry period runs from September 17, 2026 to February 14, 2027, with a random drawing on February 15, 2027. The winner is contacted by email.
Quick Facts
| Prize | One prize: a payment of up to $500,000 toward the winner's primary mortgage loan balance |
|---|---|
| Winners | 1 |
| Total value | $500,000 |
| Answer | Follow the entry instructions emailed to SoFi mortgage borrowers |
| Effort | Medium effort |
| Sponsor | Social Finance |
| End date | 02/14/2027 |
| Category | Cash |