The time it takes for SoFi to approve a loan can vary depending on several factors, including the type of loan, the applicant's creditworthiness, the amount of the loan, and the completeness of the application. However, SoFi is known for its relatively fast and streamlined application process compared to traditional banks.
For some applicants, SoFi may provide instant pre-approval decisions, while for others, it may take a few days for the application to be processed and approved. In general, applicants can expect to receive a decision within a few business days after submitting a complete application.
To get a more accurate estimate of how long it will take for SoFi to approve your loan, you can visit their website or contact their customer service team. They can provide you with information specific to your situation and guide you through the application process