NMLS# 174457
Now in its second decade, loanDepot is a mortgage industry leader dedicated to creating seamless borrower experiences through its proprietary mello™ technology and mello smartloan™, the industry’s first end-to-end digital mortgage. An innovator since its inception, loanDepot continues to disrupt the lending industry with its focus on technology to deliver personalized experiences to its customers. The Company has funded over $212 billion since its founding in 2010, and currently ranks as the second largest nonbank lender and one of the leading retail mortgage lenders in the U.S. NMLS #174457
Exceptional communication and service
This loan officer was just amazing. He was very responsive, answered all my questions, made sure I completely understood then loan offer and even made sure that the estimate was updated based on matching other rates. I would certainly contact him again. I have already recommended Loan Depot to a coworker. Thanks for the great service.
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Horrible experience
I was given a rate quote based on an appraisal that not realistic. Once I paid and it came in low I had to pay points to get the rate. Bait and switch, The staff was not knowledgeable and it took more that 4 months to close the loan. They will try to do what is easiest for them which will cause problems with the underwriters. I could go on and on about the various disappointments but I have limited characters. Buyer Beware!!!
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Terrible experience
The entire process was a disaster. I would not recommend every using Loan Depot. I had to have my house appraised 3 times because Loan Depot kept taking too long to get the loan moving. Then they shorted me on the money I was supposed to be getting back. Not to mention I couldn't get anyone to call me back when I had questions.
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