Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Credible vs. SoFi

The winner for its bigger loan selection and better customer reviews: Credible.

Credible is a loan marketplace that lets you compare multiple lenders, while SoFi is a digital lender offering only a few mortgage types. Credible gets our vote based on its range of lender options and positive customer reviews.

Our verdict: Credible wins over SoFi

Credible is a loan marketplace that lets you compare different loan options through its partners, Caliber, LoanDepot, Rocket Mortgage and Stearns. We like the service because you can get prequalified for a loan without a hard credit check, and its rates appear competitive.
While SoFi and Credible both have limited mortgage choices, Credible allows you to compare multiple quotes across four lenders instead of only one. This can be handy if you’re after a conventional or jumbo loan and want to see your available rates without dinging your credit.
But because both lenders offer limited loan choices, first-time homebuyers may not find what they need here. If you’re after a government-backed mortgage, such as an FHA, VA or USDA loan, you’ll need to look elsewhere.

Overview: Credible vs. SoFi

At a quick glance
  • Consider Credible if you want to compare multiple quotes at one time.
  • Choose another lender if you want a government-backed home loan.
  • Consider this lender if you have student loan debt.
  • Choose another lender if you live in Hawaii.
Loan products offered Conventional, FHA, VA, Jumbo, Refinance Conventional, Jumbo, Home equity, Refinance
State availability Not available in: MO, NY, RI Not available in: HI
Min. credit score 620 620
BBB Rating A+ A+
Trustpilot Rating Excellent Poor
  • No fees
  • Soft credit check
  • Positive reputation
  • Multiple fixed-rate terms
  • Membership perks
  • Fully-online application process
  • Not a direct lender
  • No in-person support
  • Not available in every state
  • Must put down at least 10%
  • Limited service
  • Mortgage can’t be used for investment
More info Read Review Read Review

Credible customer reviews

As of June 2022, Credible has a 4.6 out of 5 rating on Trustpilot from over 5,100 customers and 1.22 out of 5 rating with the Better Business Bureau (BBB) from 110 customers. Credible has been accredited with the BBB since 2015 and has an A+ business rating for closing 13 complaints in the last three years.
Credible’s reviews on Trustpilot are overwhelmingly positive, with 86% of reviewers saying they had an “excellent” experience and only 2% saying they had a “bad” experience. Note that these reviews are for all of Credible’s loan products, including student loans — not just mortgages.

SoFi customer reviews

SoFi gets average-to-good marks from customers, earning 2.5 out of 5 stars on Trustpilot with 2,568 reviews. On Trustpilot, 77% of customers said they had an “excellent” experience and 11% said they had a “bad” experience. SoFi isn’t accredited with the BBB but earns an A+ business rating for closing over 480 complaints in the past three years.
Customers who like SoFi mention the ease of applying online, fast funding of loans and great customer service. But unhappy customers report difficulty being approved and feeling confused by the application process.

Compare other options

Credible and SoFi can help if you’re after a conventional or jumbo loan. However, if you need a bigger loan selection, we recommend a highly rated lender like Fairway Independent or Guaranteed Rate. Or visit loan marketplace LendingTree, where you can compare a much wider range of options.
On the other hand, if you’d prefer a 100% digital mortgage that doesn’t require you to work with a loan officer and charges no origination fees, Better or Beeline might be more up your alley.
Find your perfect mortgage by comparing these lenders and lender marketplaces. Select See rates to get a personalized quote.

Disclaimer: The partners on Finder's mortgage comparison tables are sorted in alphabetical order.

Name Product Loan products offered State availability Min. credit score
Not rated yet
Conventional, Jumbo, FHA, VA, USDA, Refinance
Not available in: NY
Great customer reviews and customized rate quotes in three minutes with no SSN needed.
CrossCountry Mortgage
Conventional, Jumbo, FHA, VA, USDA, HELOC, Reverse, Refinance
Available in all states
Rocket Mortgage
Not rated yet
Rocket Mortgage
Conventional, Jumbo, FHA, VA, Refinance
Available in all states
Apply online for free and lock in your rate for 90 days.
Veterans United
Not rated yet
Veterans United
Conventional, FHA, VA, USDA, Jumbo, Refinance
Available in all states
Veterans United stands out from other lenders for its focus on serving the military community.
Kat Aoki's headshot
Written by


Kat Aoki was a personal finance writer at Finder, specializing in consumer and business lending. She’s written thousands of articles to help consumers make better decisions on their home loans, bank accounts, credit cards, cryptocurrency and more. Kat is well versed in working with leading brands in the real estate, mortgage and personal finance industries, and her expertise has been featured on Forbes Advisor, Lifewire and financial comparison sites like iSelect and She holds a BS in business administration from California State University, Sacramento and enjoys hiking and yoga in her spare time. See full bio

Kat's expertise
Kat has written 198 Finder guides across topics including:
  • Mortgages
  • Home equity loans
  • Mortgage refinancing

More guides on Finder

Ask a question provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site