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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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Conrad B's profile image
Conrad B 
4 years ago

I refinanced with Loan Depot in October of 2019 using the VA IRRRL. Although I felt they gave me a great deal on my refinance, the experience was terrible. It took over 2 months to close and my Senior Account Manager was not very responsive. I was promised several different closing dates that they did not come through on. My taxes ended up not being paid because the bank had a hold on my account from Loan Depot and I ended up incurring a hefty late fee. When I brought the concern of having my taxes paid the response was that... read more

Emily S's profile image
Emily S 
4 years ago

I had refinanced before so I understood that to do this you need to gather a lot of information. I thought the whole process went smoothly and Brad and Lyn were easy to work with and easy to contact when I had a question. I would recommend this company. 

Thomas O Hixson's profile image
Thomas O Hixson 
4 years ago

2nd refi with Loandepot in 6 mos. 1st was a breeze. The 2nd was anything but a breeze. Don’t know why but better communication between representatives would have helped. 

Conrad B.'s profile image
Conrad B. 
4 years ago

I refinanced with Loan Depot in October of 2019 using the VA IRRRL. Although I felt they gave me a great deal on my refinance, the experience was terrible. It took over 2 months to close and my Senior Account Manager was not very responsive. I was promised several different closing dates that they did not come through on. My taxes ended up not being paid because the bank had a hold on my account from Loan Depot and I ended up incurring a hefty late fee. When I brought the concern of having my taxes paid the response was that... read more

Business response:

Hi ****** – We appreciate customer feedback that helps improve our service. Please reach out to our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com so that we may help you with the issue. 

khanh h's profile image
khanh h 
4 years ago

I am beginning to questioning whether these actors are legit or anywhere near the standard of loan industry. They are very slow with responses, never reply or call back on time unless you do at least once or twice follow-up, they will give you repeated runaround asking for the same pieces of information that you may have previously already send. It will take more than 4 months still counting to get to closing. I am still waiting at this moment and my loan started in August 7, 2020. Stay away from these actors: Christopher P*... 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. 

Tom H.'s profile image
Tom H. 
4 years ago

There were extended periods of silence/no-communication. Three weeks seemed unreasonable since I spent so much time urgently providing all needed documentation and my credit score was near 800. Then there was the miscalculation or additional fee that I could not get an adequate explanation. This carried on thru the notary enroot to our home. Closing was delayed for 24 hours to have the added fee reversed. 

Business response:

Hi ***– Thank you for taking the time to share your concern. Please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com if we can assist you further. 

Tom H's profile image
Tom H 
4 years ago

There were extended periods of silence/no-communication. Three weeks seemed unreasonable since I spent so much time urgently providing all needed documentation and my credit score was near 800. Then there was the miscalculation or additional fee that I could not get an adequate explanation. This carried on thru the notary enroot to our home. Closing was delayed for 24 hours to have the added fee reversed. 

kent h's profile image
kent h 
4 years ago

I am beginning to questioning whether these actors are legit or anywhere near the standard of loan industry. They are very slow with responses, never reply or call back on time unless you do at least once or twice follow-up, they will give you repeated runaround asking for the same pieces of information that you may have previously already send. It will take more than 4 months still counting to get to closing. I am still waiting at this moment and my loan started in August 7, 2020. Stay away from these actors: Christopher P*... read more

Chelsea M's profile image
Chelsea M 
4 years ago

Leonard and Dwinnie closed my loan in 14 days start to finish including an appraisal. They did a fantastic job. Appraisal came in low but nothing loanDepot can do about that they don’t have control over the appraisals. 

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 open now. It will close at 5:00 p.m.  

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