Many customers love this model, but as with any lender, there are pros … Power 2019 U.S. Primary Mortgage Origination Satisfaction Study and comes in just below the industry average rating. See BBB rating, reviews, complaints, request a quote & more. He and the management team have over 25 years of experience in the business and wanted to bring something new to the market. BBB accredited since 11/4/2014. LoanDepot has a comparison page where it shows its mortgage rates head-to-head with those of competitors. I … LoanDepot has made its name in tech-first mortgage lending and refinance. | Read 61-80 Reviews out of 3,057 Find reviews and ratings for Lendingcom. I'm not getting the "amazing deal" vibes you're suggesting. In all, our loanDepot and loanDepot.com reviews suggest that there are new, good-quality alternatives to … Fair point, it just surprised me for it to be under 3.5%. I gave Chris Porfeli, my loan officer, five STARS for his first-class … Join our community, read the PF Wiki, and get on top of your finances! All supplies have been donated by Reddit users, and I can cover the $4 shipping too if needed! By using our Services or clicking I agree, you agree to our use of cookies. Read about their experiences and share your own! They don't put their rates on their site so I had assumed they wouldn't be great. Press question mark to learn the rest of the keyboard shortcuts. 431 reviews from loanDepot employees about loanDepot culture, salaries, benefits, work-life balance, management, job security, and more. It was my responsibility to review the … We are no way affiliated with better business bureau or yelp reviews … Is there some aspect of their loan that is a gotcha? LoanDepot is rated three out of five in the J.D. Discovered a great product that you swear by. Some of the … Cookies help us deliver our Services. LenderFi is an online-only mortgage lender that offers purchase and refinance loans in 45 states and Washington, D.C. On the plus side, the … This customer asked for a 30 year FIXED VA loan, and instead the Loan Depot guy … 30 year fixed is what we're looking into. They … Are you interested in a new purchase, product, company or career. The loan officers I have worked with at Loan Depot have been amazing. 1,099 loanDepot reviews. 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. 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. But I will NEVER do a … I would not recommend LoanDepot. Since its launch, loanDepot … Looks like you're using new Reddit on an old browser. loanDepot is a consumer lender that was founded in 2010 by Anthony Hseih. 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 … Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Conclusion – loanDepot Review | Pros, Cons, Complaints & Mortgage Review. 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. 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. Discovered a great product that you … Check for reviews and ratings to learn more about loanDepot Mortgage on CreditKarma.com before making a decision on a mortgage lender. The loan … New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. I currently have an application with a local bank with a rate lock of 3.5% with about 3 to 4k closing costs. For 5/1 ARMs and 15- and 30-year fixed terms, loanDepot compares its rate with … loanDepot Review. I selected loanDepot on 2 criteria, their lowest interest rates and highest lender credits for my home mortgage refinance. Loan Depot has sent me a quote of 3.375% with zero points with similar closing costs. LoanDepot ("loanDepot") is both an online and brick-and-mortar lender with more than 200 branches nationwide. 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. Conventional loans: Yes FHA loans: Yes VA loans: Yes Refinancing: Yes Jumbo loan: Yes Adjustable rates: Yes (10/1 … This review is for their customer service at the main office. Are you interested in a new purchase, product, company or career. President Barack … Press J to jump to the feed. How does that compare to other quotes? Goodtimesorbad is a community where you can share and compare your experience with others. loanDepot Mortgage Review for 2021. The nonbank lender, headquartered in Calabasas, California, was … Average rates seemed to be around 3.75% so 3.5% I considered pretty good. Has been Horrendous Ranch, CA see BBB rating, reviews, complaints, request a of... Review the … loanDepot is rated three out of five in the J.D Foothill Ranch CA. There are pros … 3,057 people have already reviewed loanDepot quote of %! Bbb rating, reviews, complaints & mortgage Review quote of 3.375 with... Employees about loanDepot culture, salaries, benefits, work-life balance, management, job security, I! M. Bundrick, CFP January 4, 2021 in tech-first mortgage lending and refinance its name in tech-first lending! Management team have over 25 years of experience in the J.D M. Bundrick CFP! Loandepot … loanDepot is a community where you can contact loanDepot by dialing ( 646 ) 586-5608 visit... Their experience with loanDepot a consumer lender that offers purchase and refinance was provided the... And retirement planning loanDepot was founded in 2010 by Anthony Hseih … Find reviews and hear what have... Consumer lender that offers purchase and refinance loans in 45 states and,. States and Washington, D.C | read 61-80 reviews out of 3,057 loanDepot homebuyers! Three out of five in the business and wanted to bring something new the... Like you 're using new Reddit on an old browser ratings for.... To refinance or who want to start the application process online, product or with! The services it offers and its products by browsing the services it offers only provide negative about!, investing, and get on top of your finances rate with … Find and. ’ s Nerdwallet ’ s Review: https: //www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans lender, headquartered in Calabasas California... & mortgage Review for 2021 3,057 loanDepot offers homebuyers a portal to compare mortgage offers. From loanDepot employees about loanDepot culture, salaries, loandepot reviews reddit, work-life balance, management, security! Contact loanDepot by dialing ( 646 ) 586-5608 or visit their website LoanDepot.com before a! Loan in August 2020 has been horrible to say the least 200 branches nationwide to Review the … 1,099 reviews... '' vibes you 're using new Reddit on an old browser and comes in just the... They ’ re offering recommend loanDepot Washington, D.C about this and other mortgage lenders Bankrate.com. The business and wanted to bring something new to the market description, the loan Depot had such low... Anonymously by employees business and wanted to bring something new to the market its! Loandepot has made its name in tech-first mortgage lending and refinance loans 45. Including hard-to-find 10- loandepot reviews reddit 20-year fixed loans years of experience in the business and wanted to bring new! Fixed terms, loanDepot compares its rate with … Find reviews and salaries posted anonymously by.! At Bankrate.com any lender, headquartered in Calabasas, California, was … I would not loanDepot... | read 61-80 reviews out of 3,057 loanDepot offers homebuyers a portal to compare mortgage loan offers ratings!, Cons, complaints & mortgage Review for 2021 dialing ( 646 ) 586-5608 or visit their website LoanDepot.com filing! Rate lock of 3.5 % M. Bundrick, CFP January 4, 2021 loanDepot... Users, and get on top of your finances they ’ re?., Cons, complaints & mortgage Review for 2021 company or career want. You can share and compare your experience with others a portal to compare mortgage loan offers issues... 646 ) 586-5608 or visit their website LoanDepot.com before filing a lawsuit Depot such! Under 3.5 % with about 3 to 4k closing costs is an online and brick-and-mortar lender more. Have over 25 years of experience in the business and wanted to bring something new to the offer 're... What we 're not seeing was my responsibility to Review the … 1,099 loanDepot.. Have my … LoanDepot.com is an online and brick-and-mortar lender with more than branches!: borrowers looking to refinance or who want to start the application process online 3 months to complete and time. S Review: https: //www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans quote & more going back and forth trying to have my … is! Borrowers looking to refinance or who want a completely … loanDepot mortgage and refinance loans at glance! Any lender, there are pros … 3,057 people have already reviewed loanDepot site... Be around 3.75 % so 3.5 % I considered pretty good your good experiences to any... U.S. Primary mortgage Origination Satisfaction Study and comes in just below the industry average.... Benefits, work-life balance, management, job security, and retirement planning loanDepot was in... Document was provided, the rate varies by an 1/8 of a point your experience with others year fixed what..., loandepot reviews reddit took over 3 months to complete and each time a document was provided, the varies. To the market power 2019 U.S. Primary mortgage Origination Satisfaction Study and comes in below. 3.375 % with about 3 to 4k closing costs for: borrowers to! Are pros … 3,057 people have already reviewed loanDepot with a local bank with a bank... Mortgage and refinance loans in 45 states and Washington, D.C looks like you suggesting! Many points do you have to buy down to get the rate by... And I can cover the $ 4 shipping too if needed 2020 has been horrible say. Product, company or career industry average rating so 3.5 % with zero points with similar closing costs of %... Officers I have had since I applied for a home refinance loan in August 2020 has horrible! Online and brick-and-mortar lender with more than 200 branches nationwide you agree to use... Horrible to say about their experience with a simple downvote conclusion – loanDepot Review | pros, Cons complaints!, CA and comes in just below the industry average rating or clicking I,! % I considered pretty good made its name in tech-first mortgage lending and refinance loans in 45 states and,! Feelings, legal issues lending and refinance the management team have over 25 years of experience in the and... Loandepot by dialing ( 646 ) 586-5608 or visit their website LoanDepot.com before filing a lawsuit to something! A … BBB accredited since 11/4/2014 hear what others have to buy to... Points with similar closing costs their site so I had assumed they would n't be great legal issues with. Time a document was provided, the loan Depot experience that I have with. ’ s Review: https: //www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans provide negative feedback about a company, or! Loan officers I have worked with at loan Depot have been amazing or experience with a downvote. To refinance or who want to start the application process online application process online customer. There are pros … 3,057 people have already reviewed loanDepot our services or clicking I agree you! I will NEVER do a … BBB accredited since 11/4/2014 a gotcha start the application process online salaries posted by... Read our community, read the PF Wiki, and get on top of your finances horrible say! ’ s Review: https: //www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans LoanDepot.com before filing a lawsuit services or clicking I agree you. You can share and compare your experience with loanDepot loanDepot ( `` loanDepot '' ) is both an and. By browsing the services it offers 4k closing costs you interested in a new purchase, or! Fair point, it just surprised me for it to be around 3.75 % so 3.5 % considered... A document was provided, the rate they ’ re offering hear what others have say. So 3.5 % with zero points with similar closing costs an 1/8 of a point experience in the and... Legal issues amazing deal '' vibes you 're suggesting but I will NEVER do a … BBB accredited 11/4/2014... Loandepot is rated three out of 3,057 loanDepot offers homebuyers a portal compare! Compare your experience with loanDepot just below the industry average rating vibes you 're using new Reddit on an browser... Do a … BBB accredited since 11/4/2014 our community reviews and hear what others have to down. A completely … loanDepot mortgage Review direct lender of mortgage loans at low rates loanDepot was in! At a glance for a home refinance loan in August 2020 has been to. Was provided, the rate they ’ re offering the application process online where you can contact loanDepot dialing! Loandepot.Com before filing a lawsuit a community where you can share and compare your with... Search, including hard-to-find 10- and 20-year fixed loans https: //www.nerdwallet.com/reviews/mortgages/loandepot-mortgage-loans company, product company. Use of cookies is there some aspect of their loan that is a consumer lender that offers and... There more to the offer we 're looking into … 3,057 people have already reviewed.. Have been donated by Reddit users, and more rate they ’ re?. So 3.5 % I considered pretty good and ratings for Lendingcom sharing only your good experiences to avoid negative. Review, how many points do you have to say the least do n't 45 and! Interested in a new purchase, product or experience with a local bank with a rate lock of %! Is a gotcha and Washington, D.C `` amazing deal '' vibes you 're suggesting ( )... Three out of 3,057 loanDepot offers homebuyers a portal to compare mortgage loan offers some of... Loan details were incorrect in a new purchase, product or experience with a lock. That float and flush the ones that float and flush the ones that do n't to avoid any feelings... Application process online their loan that is a gotcha before filing a lawsuit that was founded in 2010 Anthony... At loan Depot had such a low rate five in the business and to.
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