SoFi Loans Review 2024: Personal, Home & Student Loan Options

Whenever you borrow money, it's important to make sure you select a reputable lender. You'll want to find a lender offering an affordable rate, of course, but you should also consider customer service as well as other benefits a particular lender offers.

SoFi is one lender worth looking at when you're looking at getting a loan: personal loans, home loans, private student loans, or a student loan refinance. This trusted online lender not only offers multiple types of loan products but it also provides member benefits and competitive interest rates for qualified borrowers.

We’ve pulled together this SoFi review to help you get a better sense of its products and make an informed choice about whether this is the right lender for you.

In this article

• Is SoFi legit?
• Which loan products does SoFi offer?
• What SoFi customers are saying
• FAQ about SoFi
• The final word on SoFi loans

Is SoFi legit?

If you're considering borrowing with SoFi, you can rest assured you've chosen a trusted, well-established lender with a long history in the financial services industry. The company’s mission is to enable customers to realize their ambitions and move closer to financial independence.

SoFi was founded in 2011 with a focus on student loan refinancing. It has grown substantially since its founding and now offers a variety of financial products. SoFi now has more than half a million members that are part of its community, yet it still holds strong to its 11 company values. These values include putting its members’ interests first and helping others to grow.

It reflects its values by providing services to borrowers that help them make better financial decisions and improve their financial lives. This includes financial and career counseling, unemployment protection for certain loans, investing products, and interest rate discounts for those with multiple loans through the company.