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loanDepot

4.0

About this business

loanDepot is the nation's fifth-largest retail mortgage lender and second-largest nonbank consumer lender. Based in Orange County, California, loanDepot was the first nonbank lender to offer home, personal and home equity loans. 

Location details

26642 Towne Centre Dr, Foothill Ranch, CA, 92610, United States

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WeekdayScheduleStatus
Mon9:00 a.m. to 5:00 p.m.
Tue9:00 a.m. to 5:00 p.m.
Wed9:00 a.m. to 5:00 p.m.
Thu9:00 a.m. to 5:00 p.m.
Fri9:00 a.m. to 5:00 p.m.
SatClosed
SunClosed
4.05,902 reviews
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Steven C's profile image
Steven C 
4 years ago

Started the refinance process on 2 houses, one of which i had with loan depot. The rep was involved at first, advising he could get deals done. They ran my credit, which is good, then communication stopped. He would not answer texts or emails. He did not get back with me when he said he would and the deals just lingered for weeks. I contacted a supervisor and she just made excuses. Loan Depot called ME and made offers. They did not do what they said and ran my credit which was a waste of time since they did not complete what... read more

Business response:

Hi ******– We appreciate you for bringing this matter to our attention. Please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com so that we can try to resolve your concern. 

Stella G's profile image
Stella G 
4 years ago

Just when you think you closed and have a great loan with them, LoanDepot will call you back and make you refinance. They will tell you that they have a bad loan on the books that they have to get rid of. Now, I am being forced to refinance and pay more money when I just paid almost 7,000 for the loan I made with them not even a year ago. 

Business response:

Hi ****** -- Thank you for sharing your experience. If you would, please reach out to our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. We’d like to hear more. 

Billy P's profile image
Billy P 
4 years ago

Niki was so helpful. Would definitely recommend them to anyone! 

Business response:

Hi *****! We value your feedback. Reach out to a member of Team loanDepot if we can assist you further. 

Matthew A's profile image
Matthew A 
4 years ago

Do not use this company!!! I think they got their license out of Cracker Jack box. Terrible communications. Started my journey with them back on November 11, 2020. Called in and got info on rates, etc. Was told this would be an easy loan to do and the rate was locked in at 2.5%. Submitted all required documents through their portal within a week. They kept sending me updates like they were working on my loan. I called in every few weeks to see how it was going but was only told they were working on it. After months of no fur... read more

Business response:

Hi ******* – We apologize that your experience was not satisfactory and would like to learn more. Please call our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

William W.'s profile image
William W. 
4 years ago

Every person we had contact with in the processing of our refinance was efficient, professional, and made the process as easy as any home loan can be. I would not hesitate to do business with them again. 

Business response:

Hi *******! We are thrilled that you had great experience with us and appreciate the time you took to share. Please keep loanDepot in mind for any future lending needs. 

Chris S's profile image
Chris S 
4 years ago

Absolutely the worst financial experience we ever had. It took more than five moths to close a simple refinance. If I could could give them zero stars, I would. Had we not received the rate and had already paid for the appraisal through them, we would have walked away. Communication is atrocious and until we threatened to leave the loan and eat the cash, they did virtually nothing. It goes to show that unless they are pressed to get their work done, they do very little. I would not only discourage anyone form using their ser... read more

Business response:

Hi ******We apologize that your experience was not satisfactory and would like to learn more. Please call our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

Sarah P's profile image
Sarah P 
4 years ago

LoanDepot was the best refinance experience I’ve ever had. It took considerable longer because everyone was refinancing, but it was so worth. It was great not dealing with a bank’s process. LoanDepot’s team and website are outstanding. Highly recommend. 

Business response:

Hi *****! We are happy to hear that Team loanDepot was able to exceed your expectations. We take being your lender of choice very seriously and look forward to working with you again in the future. 

Ben's profile image
4 years ago

Easily the best loan experience that I have ever had. Smooth processes and great personalities made this experience wonderful. Nick and Jennifer were great! 

Business response:

Hi ***! We appreciate the positive feedback and look forward to servicing your future lending needs. Please feel free to reach out to our team if you ever need assistance. 

VJKON's profile image
VJKON 
4 years ago

Horrible loan processing time, I was promised to get my loan refinance closed in 30 to 45 days. I understand due to recent low rates in market, loan depot folks were busy ! It took 121 days for them to get my loan closed after following up with them for approximately 43 times. The initial loan officer (Rohan S*****) was better at least he used to respond after sometime, whereas the Sr Account Manager(Makenna D***i) was horrible and not even once reached out proactively to update or check on my loan status and never picks her... read more

Business response:

Hi *****– We appreciate you for bringing this matter to our attention. Please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com so that we can try to resolve your concern. 

Frequently asked questions about loanDepot

How is loanDepot rated?

loanDepot has a 4 star rating with 5,902 reviews. 

When is loanDepot open?

loanDepot is closed now. It will open tomorrow at 9:00 a.m. 

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