https://www.sofi.com/winva/
ELIGIBILITY: The VA Home Mortgage Sweepstakes (“Sweepstakes”) is open only to legal residents of the fifty (50) United States and the District of Columbia, who are eighteen (18) years of age or older as of date of entry who have at least one of the following military statuses (each a “Military Status” for purposes of eligibility in this Sweepstakes), which are eligibility requirements to apply for a loan guaranteed by the Veterans Administration.
ONE (1) GRAND PRIZE: The “Grand Prize” is an amount up to $50,000 deposited into winner’s SoFi Bank, N.A. Checking & Savings Account. The amount will be determined by winner’s annualized monthly payment for the period of one (1) month prior to the Sweepstakes entry. The Grand Prize is awarded based on principal and interest payments for one (1) year (twelve months) of the winner’s existing mortgage loan or rent, up to $50,000. Winner’s existing mortgage loan must be with a financial institution or bank within the fifty (50) United States or the District of Columbia. If the winner does not have a mortgage or rent at time of winning or if the winner’s mortgage or rent payments are less than $25,000 annualized, the Grand Prize winner will receive $25,000, as determineddetermind by the Sponsor in its sole discretion, based on information and documentation provided by the winner, and is intended to cover the Grand Prize winner’s rent or mortgage payments for twelve (12) months. The minimum that will be awarded as a Grand Prize $25,000 is [I recommend setting a minimum here] $[insert] and the maximum that will be awarded is $50,000. Approximate Retail Value (“ARV”) of each Grand Prize: Up to $50,000 depending on winner’s current housing costs.
FIVE (5) FIRST PRIZES: Each “First Prize” is $5,000 deposited into winner’s SoFi Bank, N.A. Checking & Savings Account. ARV of each First Prize: $5,000.
Total ARV of all prizes available in the Sweepstakes: Up to $75,000.