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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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Amir G's profile image
Amir G 
4 years ago

Started a loan refinance in November and we just closed in April. I still have 12-15 closing disclosures all with different amounts due to borrower and amounts needing to pay at closing. They are horrible at responses and keeping you updated. Today I got a letter stating a new balance due even though the loan already closed! 

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. 

Jojo the Dog Faced Boy's profile image
Jojo the Dog Faced Boy 
4 years ago

If I could have give four and a half stars, I would have. My loan officer, James C** was phenomenal. If it were just him I would have given Loan Depot five stars. This was the second loan I have processed with Loan Depot, and except for a small hiccup at the end with their underwriter (who seemed like a complete idiot) it was great, just like the first loan. I will definitely be recommending James C** to everyone I know that is looking for a home loan or refinance. 

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. 

Carlos V's profile image
Carlos V 
4 years ago

Miren bien lo que buscan con esta compañía. A pesar de haber sido aconsejado que no tratara de refinanciar con Loandepot, después de algunos reviews decidí darle un chance, craso error. Sean Arechiga NMLS#1482935 me contacto lleno de promesas, después de asegurarme, que podían conseguirme un convencional y cobrarme por la aplicación, sin siquiera pedir mi autorización cobrarán $500 por un appraisal del que fui informado después de haber sido cobrado sin mi autorización. Final: luego de dos o tres semanas recibí un correo par... read more

John M's profile image
John M 
4 years ago

Horrible communication! Very drawn out process, with no response to our emails or phone calls. While we finally signed on April 1st, as of the 23rd, some of our funds still haven’t been distributed. All with interest still accumulating. And yet, our first payment is due in one week. 

Business response:

** **** – Thank you for this review. Your experience is important to us and we take your concerns very seriously. Please reach out to our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

Tisela M's profile image
Tisela M 
4 years ago

EDWIN V****** EASILY DIRECTED AND SUPPORTED US THROUGH THE PROCESS. COURTEOUS AND EXPEDITIOUS. 

Business response:

Hi ******! Thanks for sharing your story with us. We are so glad you had a great experience with loanDepot. Please keep us in mind for any of your future financial needs. 

Lisa S's profile image
Lisa S 
4 years ago

Communication was excellent! Rates were competitive! Closing costs minimal! From initial contact to close of loan, I felt like we were communicated with in the upmost professional manner always making us feel informed and comfortable with the process. The time that Jesse took answering all my questions initially put me at ease for moving forward with Loan Depot and he continued to reach out weekly to let me know the process and talking through options for loan products. I had been previously misled by previous lenders and wa... read more

Business response:

Hi ****! Thanks for sharing your story with us. We are so glad you had a great experience with loanDepot. Please keep us in mind for any of your future financial needs. 

Tristan B's profile image
Tristan B 
4 years ago

Horrible service, inexperienced associates that did not respond to questions in a timely manner. 

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. 

David E's profile image
David E 
4 years ago

Be careful working with this company, especially if you already have a loan with them. In our case, we had a loan with them already, we had assets 10x the loan, over 800 credit scores, never missed a payment, plenty of income and STILL they declined our loan application! Primarily, because they would make less profit from us with a lower interest rate. They drug this out over a 4 month period, every two or three weeks they would ask for some more documentation. Very unprofessional and discourteous. If you have your loan with... read more

Business response:

Hi ***** -- Thank you for taking the time to leave a review. Please connect with our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com and we will do our best to help resolve the issue. 

Drew P.'s profile image
Drew P. 
4 years ago

The loan people were very good. Always called back, always kept me up to date. Answered all my many questions.... 

Business response:

Hi Drew! 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. 

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 on Monday at 9:00 a.m. 

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