Advertiser Disclosure: Wirly may receive compensation when you click lender links. This does not affect our rankings, which are based on publicly available data and editorial review. See our methodology.
loanDepot vs SoFi
Side-by-side refinance comparison based on public data and CFPB records.
Quick Comparison
| Feature | loanDepot | SoFi |
|---|---|---|
| Wirly Rating | 4/5 | 4.4/5 |
| Min. Credit Score | 620 | 600 |
| Loan Types | Conventional, FHA, VA, Jumbo | Conventional, Jumbo |
| Best For | Repeat customers | High-balance loans |
Pros and Cons
loanDepot
Pros
- +Lifetime guarantee waives lender fees on future refinances
- +Available nationwide with local loan officers
- +Solid digital application experience
Cons
- -Higher rates reported compared to some online lenders
- -Customer service ratings have fluctuated
- -No USDA loans
SoFi
Pros
- +No origination, application, or appraisal fees
- +Competitive rates for well-qualified borrowers
- +Unemployment forbearance program for members
Cons
- -No FHA, VA, or USDA loans
- -Higher minimum credit score than some competitors
- -Limited loan product variety
Ready to see your numbers?
Use our free calculators to see exactly how much you could save with either lender.
This comparison is for educational purposes only and does not constitute financial advice. Rankings reflect publicly available data and editorial evaluation. Wirly is not a lender or mortgage broker. See our methodology.