loanDepot

Jo Ann B 

on BBB

4 years ago

I was expecting some delays in negotiating this refinance because of COVID, but nothing like what we’ve experienced. This process has been a nightmare for almost seven months. The initial contact person was very personable and within days of discovering our excellent credit rating and circumstances, he assured us the re-fi could be completed within 4-6 weeks. Our purchase was current enough to have the appraisal waived, and the amount to be borrowed was far below the appraised value. Once the loan was set up, it was transfer... read more

Tom E 

on BBB

4 years ago

Communication abysmal. Took over three months from application that will "just be a couple weeks" to closing, and now over a month from closing to settlement and it's still not done. Emails and phone calls rarely returned. 

Sirisha B 

on BBB

4 years ago

Recently i contacted Loandepot for my Refinance and the agent i worked with Mr. Enrico C**** seems to be knowledgeable and was able to discuss with me the options that i can chose. Only thing i am very unhappy is with their hefty Origination fee. Their loan processing time to be expedited as it's taking weeks. Sofar My loan refinance experience is good with them. I will give more reviews once my loan gets closed. 

Mehul P 

on BBB

4 years ago

LoanDepot did give me good refinance rate however; they took more than 4 and half months to close it. Various loan officer assigned to my straight refinance application and they dont respond, return to phone call or VM and I was clueless for weeks, how do I get any engagement. There are many things can be improved in my opinion. 1. Dedicated relationship officer for a given loan so customer can directly contact one person for all question till it gets closed 2. Loan officer must define time window it will take to close refin... read more

Deshonda G. 

on BBB

4 years ago

3601 n may OKC,okla Lauren was very rude I took a friend to go and get a loan who was a approved while sitting in my car waiting on my friend I decided to apply over the phone one the other ladies come outside and got me to come in I thought I had been approved to find out Lauren and her employee wanted to confront me on why I needed a loan because of so many negative items on my credit report I ask Lauren not to run my credit if it would affect it because I was trying to build my credit I was just bring my friend for a loan... read more

Mayank S 

on BBB

4 years ago

The loan officer was easy to work with, and acted quickly to start the process of the loan. However, working with the eventual account manager was absolutely terrible. You will not be able to reach them via phone, or email. I had to wait 2 weeks before I would even get a response. Its been over 60 days, and the loan still hasn't closed! Steer away. 

Lee H 

on BBB

4 years ago

Customer service is spread out across the country and you miss out on a smooth experience. They constantly have cookie problems making it impossible for you to upload documents. They need a better system for Customer interface and passing custody of documents. 

Sunny K 

on BBB

4 years ago

Called 7 times to get to the bottom of an innacurate refund amount. Each time we called, the answer was different. Even the escalation manager could not figure out we had been shorted funds back in a refi transaction. Contacted loan officer multiple times, no reply. Promises all broken, all lip service. Scammers. 

Charles P. 

on BBB

4 years ago

Began receiving phone calls from them at 9:09 this morning 3-24-2021 about refinancing my home loan. I just bought the house in August of 2020 so I am not interested in refinancing. I ended up speaking with one person the second time they called and told them I was not interested in their service. Since speaking with them I received 10 more phone calls from them. When I called back and asked to speak with a supervisor they asked what it was about. When I told them, they hung up on me. Filed a complaint with the FTC as well. ... read more