The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Only provide negative feedback about a company, product or experience with a simple downvote. LoanDepot offers homebuyers a portal to compare mortgage loan offers. This review is for their customer service at the main office. We have excellent credit and live in Boston. Power 2019 U.S. Primary Mortgage Origination Satisfaction Study and comes in just below the industry average rating. Was surprised that Loan Depot had such a low rate. A free inside look at company reviews and salaries posted anonymously by employees. By using our Services or clicking I agree, you agree to our use of cookies. Discovered a great product that you … Fair point, it just surprised me for it to be under 3.5%. Average rates seemed to be around 3.75% so 3.5% I considered pretty good. Is there more to the offer we're not seeing? 431 reviews from loanDepot employees about loanDepot culture, salaries, benefits, work-life balance, management, job security, and more. LoanDepot Review Established firms, who have specialized in debt restructuring, have been working on business for many years and have seen a lot of activities. I selected loanDepot on 2 criteria, their lowest interest rates and highest lender credits for my home mortgage refinance. loanDepot Mortgage Review for 2021. LoanDepot.com is an online direct lender of mortgage loans at low rates. Press question mark to learn the rest of the keyboard shortcuts. This experience has been horrible to say the least. Is there some aspect of their loan that is a gotcha? We are no way affiliated with better business bureau or yelp reviews … But I will NEVER do a … On the plus side, the … We only talk about the ones that float and flush the ones that don't. Press J to jump to the feed. President Barack … Are you interested in a new purchase, product, company or career. How does that compare to other quotes? Are you interested in a new purchase, product, company or career. LoanDepot ("loanDepot") is both an online and brick-and-mortar lender with more than 200 branches nationwide. 30 year fixed is what we're looking into. Many customers love this model, but as with any lender, there are pros … Was surprised that Loan Depot had such a low rate. Fair point, it just surprised me for it to be under 3.5%. | Read 61-80 Reviews out of 3,057 More posts from the goodtimesorbad community. They don't put their rates on their site so I had assumed they wouldn't be great. Since its launch, loanDepot … Check for reviews and ratings to learn more about loanDepot Mortgage on CreditKarma.com before making a decision on a mortgage lender. loanDepot is located at 407 Atlantic Ave, Brooklyn, NY 11217, USA. Hal M. Bundrick, CFP January 4, 2021. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. It seems almost too cheap. Conventional loans: Yes FHA loans: Yes VA loans: Yes Refinancing: Yes Jumbo loan: Yes Adjustable rates: Yes (10/1 … You can access basic mortgage information without signing up for an account, and it’s easy to update your information and view additional loan offers in a simple and straightforward manner. For 5/1 ARMs and 15- and 30-year fixed terms, loanDepot compares its rate with … They … My impression of the complaints and reviews is that the service sucks and the marketing promises you may have received are probably not be entirely accurate. LoanDepot mortgage and refinance loans at a glance. Good for: borrowers looking to refinance or who want to start the application process online. You can also read our community reviews and hear what others have to say about their experience with loanDepot. The nonbank lender, headquartered in Calabasas, California, was … I had been going back and forth trying to have my … In all, our loanDepot and loanDepot.com reviews suggest that there are new, good-quality alternatives to … Join our community, read the PF Wiki, and get on top of your finances! LenderFi is an online-only mortgage lender that offers purchase and refinance loans in 45 states and Washington, D.C. Cookies help us deliver our Services. loanDepot is a consumer lender that was founded in 2010 by Anthony Hseih. I gave Chris Porfeli, my loan officer, five STARS for his first-class … Looking to refinance our mortgage of 540,000. Goodtimesorbad is a community where you can share and compare your experience with others. See BBB rating, reviews, complaints, request a quote & more. Learn more about loanDepot and its products by browsing the services it offers. loanDepot Lifetime Guarantee ("Guarantee") — Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by … For borrowers who want a completely … You can contact loanDepot by dialing (646) 586-5608 or visit their website loandepot.com before filing a lawsuit. It was my responsibility to review the … I just lost a client because he was told BY LOAN DEPOT, that they could get him a 2.5% on a 30 year loan. Conclusion – loanDepot Review | Pros, Cons, Complaints & Mortgage Review. The loan officers I have worked with at Loan Depot have been amazing. The lender has an A rating … Loans in Foothill Ranch, CA. We highly recommend commenting and sharing only your good experiences to avoid any negative feelings, legal issues. LoanDepot has made its name in tech-first mortgage lending and refinance. Press question mark to learn the rest of the keyboard shortcuts, https://www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans. LoanDepot has a comparison page where it shows its mortgage rates head-to-head with those of competitors. Edit: based on the review, how many points do you have to buy down to get the rate they’re offering? LoanDepot Review 2021. A variety of loans are available to search, including hard-to-find 10- and 20-year fixed loans. LoanDepot is rated three out of five in the J.D. LoanDepot overview. 9 members in the goodtimesorbad community. 3,057 people have already reviewed loanDepot. Find reviews and ratings for Lendingcom. Average rates seemed to be around 3.75% so 3.5% I considered pretty good. If you need a free face mask with nose bridge and ear savers, please let me know. 1,099 loanDepot reviews. Updated daily rates can be found on their homepage and you can also generate custom rates for a more … LoanDepot Reviews However, the insurer covering your debts will take into account your options and make them more affordable to rearrange your recoveries. Loan Depot has sent me a quote of 3.375% with zero points with similar closing costs. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Read about their experiences and share your own! I currently have an application with a local bank with a rate lock of 3.5% with about 3 to 4k closing costs. loanDepot was founded in 2010 and is based in Foothill Ranch, CA. Here’s Nerdwallet’s review: https://www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans. I … Discovered a great product that you swear by. Learn more about this and other mortgage lenders at Bankrate.com. All supplies have been donated by Reddit users, and I can cover the $4 shipping too if needed! The loan … BBB accredited since 11/4/2014. loanDepot Review. The loan depot experience that I have had since I applied for a home refinance loan in August 2020 has been Horrendous. The process took over 3 months to complete and each time a document was provided, the loan details were incorrect. I would not recommend LoanDepot. Some of the … This customer asked for a 30 year FIXED VA loan, and instead the Loan Depot guy … I'm not getting the "amazing deal" vibes you're suggesting. From your description, the rate varies by an 1/8 of a point. He and the management team have over 25 years of experience in the business and wanted to bring something new to the market. Looks like you're using new Reddit on an old browser. 5/1 ARMs and 15- and 30-year fixed terms, loanDepot compares its rate with … Find reviews ratings!, investing, and get on top of your finances community, read the Wiki. … 1,099 loanDepot reviews that was founded in 2010 and is based in Foothill Ranch CA... Since I applied for a home refinance loan in August 2020 has been Horrendous have over 25 years experience... In Calabasas, California, was … I would not recommend loanDepot management team have 25! Or visit their website LoanDepot.com before filing a lawsuit and salaries posted anonymously employees... And is based in Foothill Ranch, CA to learn the rest of the shortcuts! From the personalfinance community their customer service at the main office to complete and each time a document was,! 'Re not seeing, read the PF Wiki, and I can cover the 4. 3 months to complete and each time a document was provided, the loan details were incorrect year is... Mortgage lender that offers purchase and refinance 3.375 % with about 3 to 4k closing costs me. Shortcuts, https: //www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans contact loanDepot by dialing ( 646 ) 586-5608 or visit their LoanDepot.com!, credit, investing, and I can cover the $ 4 shipping if... 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