Disclaimer: The partners on Finder's mortgage comparison tables are sorted in alphabetical order.
SoFi vs. LendingTree
LendingTree is our pick based on loan selection and greater choice for borrowers of all types.
LendingTree is a loan marketplace that lets you choose from a range of lenders, while SoFi is a fintech lender offering several types of loans. LendingTree gets our vote based on loan selection and greater flexibility.
Our verdict: LendingTree is our choice
LendingTree is a loan marketplace that lets you compare different lenders to help find the right loan for your needs. We like the service because lenders compete for your business, and you might get a better rate than if you searched on your own.
In our view, LendingTree wins over SoFi because you’ll have access to a much wider range of loans, including government-backed options, home equity loans and lines of credit (HELOCs) and even reverse mortgages. SoFi only offers conventional, jumbo and home equity loans.
But with LendingTree, you have to share your information so it can match you up to suitable lenders. This may result in more phone calls or emails than you like.
Overview: SoFi vs. LendingTree
|At a quick glance||
|Loan products offered||Conventional, Jumbo, Home equity, Refinance||Conventional, Jumbo, FHA, VA, USDA, Home Equity, HELOC, Reverse, Refinance|
|State availability||Not available in: HI||Available in all states|
|Min. credit score||620||620|
|More info||Read Review||Read Review|
SoFi customer reviews
SoFi gets overall good marks from customers, earning a 2.5 out of 5 star rating on Trustpilot from over 2,500 reviewers as of June 2022. The lender scores lower on the Better Business Bureau (BBB) with 1.22 out of 5 stars from 110 reviews.
Customers who like SoFi comment on the ease of applying online with few documents and the responsiveness of its customer service team. On the other hand, a few unhappy customers report difficulty getting approved and a lack of communication from loan officers.
LendingTree customer reviews
LendingTree has a rating of 4.6 out of 5 based on over 11,000 reviews on Trustpilot as of June 2022. Borrowers say they like the simplicity and convenience of finding a loan through the service.
On the other hand, LendingTree is only rated 1.38 out of 5 from 101 customers on the Better Business Bureau’s (BBB) website. The most common complaint is the volume of phone calls and emails received.
Compare other mortgage options
SoFi and LendingTree are both popular options with thousands of homebuyers across the US. But if you’re a tech-savvy borrower and want to go with a fully digital mortgage that doesn’t charge any origination fees, consider Better or Beeline.
Alternatively, if you’re looking for a different type of loan that you can’t get through SoFi or LendingTree, we suggest Draper & Kramer Mortgage or North American Savings Bank. Both lenders offer a wide range of loan products for investors, second-time homebuyers and nontraditional borrowers.
Find your perfect mortgage by comparing these lenders and lender marketplaces. Select See rates to get a personalized quote.
More guides on Finder
Is ONE+ by Rocket Mortgage a good deal?
Learn the ins and outs of this new low down payment program from Rocket Mortgage.
Accessing home equity when interest rates are high
Weighing your options is vital to avoid ending up in worse financial shape than you were before you tapped into your home equity. Here’s how.
Best mortgage lenders of 2023
Shopping for a new home? Here are seven of the best mortgage lenders in America.
What credit score do you need to buy a house?
That three-digit number is important, but it doesn’t have to be a roadblock to homebuying.
Compare today’s mortgage and refinance rates
Compare mortgage and refinance rates from lenders in your area to see how much you’ll pay on your next home loan.
Ask an Expert