NMLS# 1121636

SoFi

Lender Summary

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. Their nontraditional underwriting approach takes into account merit and employment history, among other factors, to provide financial products that can't be found elsewhere.

What they're saying

Ratings & Reviews
94 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Excellent
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

SOFI Rocks

The application was quick and easy. By FAR the best rate in the market for Personal Loans. Quick, great customer service. Awesome!

  • LendingTree Customer:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

Great customer support

SoFi was very responsive and easy to work with. I'm self-employed, so income verification can be a challenge. The SoFi team worked with me to identify all the necessary documentation and everything went through smoothly.

  • LendingTree Customer:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

Fast and painless process, great customer service!

5 STARS all the way across the board...... SoFi is the absolute BEST!!! You will be very pleased with SoFi, from start to finish. Their customer service is excellent. I started out researching some rates to consolidate some high credit card debt, between five high interest major credit cards.

I applied online very late on a Saturday night, and I authorized SoFi to run my credit with a hard inquiry to proceed with my application, within just a day or two.

SoFi approved me for my $45k loan request and had my loan funded within 2 weeks of finalizing my online application. That is remarkable. If I had applied with my major bank (which I have excellent long time banking and credit history with), I would probably still be waiting through the red tape, with a much higher interest rate.

From applying online, submitting my pay stub, employment verification and birth certificate, I was approved and funded in less than 2 weeks, with an interest rate of nearly 1/2 of what I have been paying on my credit cards. I am saving about $900 per month, with my SoFi personal loan. (And my monthly loan payment is less than that).... Well worth it, and ultimately I will be the one to benefit, with another positive trade account, while maintaining zero balances on my credit cards at 18+% interest rates!

Thumbs up for SoFi, this is a great new year!!

  • LendingTree Customer:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review
×

Thank you for sharing your experience

Here are a few tips for writing a top-notch review for a company in our marketplace:

Do
Don't

LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

SoFi

Let's answer a few short questions and see what offers SoFi and other lenders may have for you.