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
Very disorganized company
They based my loan on the Zillow value. When a terrible appraiser undervalued the property, they dropped off the earth and never returned calls or talked with me again about getting a better appraisal. I wasted almost $600 with them. I suggest you contact your local lender or bank and avoid this company at all cost.
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Hard credit inquiry
I was just looking for rates I was not ready to commit. The rep asked me to verify information but he NEVER said it would be a hard credit inquiry because if I knew that I would have said no. I thought they would do a soft inquiry just to give me some ideas. I feel tricked my credit score dropped 2 points.
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Bad experience at LoanDepot
I prepaid part of the principal of the loan and yet continued to be charged interest on the original principal amount of the loan, not the new principal amount. This is wrong and customer service was no help.
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The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.
