SoFi Reviews
This SoFi Review takes a look at what products the company offers and links out to all of our full reviews of each.

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SoFi, which is short for Social Finance, bills itself as “a new kind of finance company.”
Founded in 2011, they’ve since rocketed to become the largest student loan refinance lender in the world. They’ve refinanced over $30 billion in student loan debt since their inception and show no signs of stopping.
Aside from student loan refinancing, the company has also expanded into private student loans, mortgages, personal loans, investing, and banking.
This page serves as an overview of the products that SoFi offers and links out to our individual reviews of each.
On this page:
- SoFi Student Loan Refinancing
- SoFi Private Student Loans
- SoFi Personal Loans
- SoFi Mortgages
- SoFi Invest
- SoFi Money
- SoFi Contact Information
SoFi Student Loan Refinancing
What we like:
No maximum loan limit
Fixed APR | 3.49% – 8.07% |
Variable APR | 2.43% – 6.65% |
Loan Terms | 5, 7, 10, 15, 20 years |
Loan Amounts | $5,000 up to your total outstanding loan balance |
SoFi offers multiple refinancing products designed to help borrowers save on existing student loan debt. Though eligibility requirements are strict, if you are eligible, you may be able to secure a much lower interest rate on your loans.
You can compare SoFi to other refinancing lenders with our comparison articles:
- SoFi vs. Earnest Student Loan Refinancing
- SoFi vs. CommonBond Student Loan Refinancing
- SoFi vs. LendKey Student Loan Refinancing
- SoFi vs. Laurel Road Student Loan Refinancing
- SoFi Competitors & Alternatives for Student Loan Refinancing
To learn more, check out our full SoFi Student Loan Refinancing Review.
SoFi Private Student Loans
What we like:
SoFi member benefits
Fixed APR | 5.73% – 11.99% |
Variable APR | 4.73% – 11.74% |
Loan Terms | 5, 10, 15 years |
Loan Amounts | $5,000 to 100% of the school-certified costs of attendance |
SoFi started offering private student loans for undergraduates, grad students, and parents in 2019. These loans are designed to help students and their parents pay for college costs.
To learn more, check out our full SoFi Private Student Loans Review.
SoFi Personal Loans
What we like:
Career coaching
Rates (APR) | 5.74% – 16.99% |
Loan Terms | 2 – 7 years |
Loan Amounts | $5,000 – $100,000 |
Fees | Origination fee: None Prepayment penalty: None Late fee: None |
SoFi also offers unsecured personal loans to select borrowers. Personal loans can be a relatively cheap way to pay off credit card debt, fund home improvements, or make a large purchase.
SoFi was ranked as one of our best personal loan lenders for borrowers with good credit. You can compare SoFi to other personal loan companies with our comparison articles:
To learn more, check out our full SoFi Personal Loans Review.
SoFi Mortgage
SoFi Mortgage
What we like:
SoFi allows you to qualify with non-traditional sources of income
Minimum Credit Score | Not disclosed |
Minimum Down Payment | 10% |
Loan Terms | Fixed: 15 or 30 years Adjustable: 5/1 or 7/1 |
Other Loan Types | Conventional and jumbo loans with fixed and variable APRs; mortgage refinance loans |
In the last few years, SoFi has expanded its offerings into the mortgage market and now offers loans for people looking to buy a new home or refinance an existing mortgage.
To learn more, check out our full SoFi Mortgage Review.
SoFi Invest
SoFi Invest is a great low-cost option for consumers looking for a way to make investments. You have the option of trading stocks and ETFs with either active investing or you can let SoFi do the leg work with its automated investing option.
You can learn more about how SoFi stacks up to one of its biggest competitors in our SoFi vs. Robinhood Invest App Comparison article.
SoFi Money
SoFi just recently started offering SoFi Money—an online checking account for consumers. With high interest rates and great benefits, SoFi Money should definitely be on your radar if you are looking for a new checking account.
SoFi Contact Information
By Phone
Customer Support
Number: (855) 456-7634
Hours: Monday – Thursday: 4 am-9 pm PT, Friday – Sunday: 4 am – 5 pm PT
Home Loans Support
Number: (844) 763-4466
Hours: Monday – Friday: 6 am – 6 pm PT, Saturday – Sunday: Closed
Money Support
Number: (855) 456-7634
Hours: Monday – Thursday: 4 am-9 pm PT, Friday – Sunday: 4 am – 5 pm PT
By Email
Customer Service: [email protected]
Press: [email protected]
SoFi Money: [email protected]
SoFi Invest: [email protected]
SoFi Home Loans: [email protected]
Author: Mike Brown
