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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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Lynn H's profile image
Lynn H 
4 years ago

Great quick experience. Amazing customer service. Our originator was not pushy and let me make my own mind up. Their offer for refinancing beat all others. The closing company they used was extremely professional and accommodating. Ten out of ten experience!! 

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. 

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

Sly talking and fancy wording, broken promises, kid of felt as if they took advantage that we were first time home buyers. Took FOREVER to answer questions during process. Was supposed to have everything ready and funds sent to lawyers the day before closing. It was even their idea of that to speed up the process...still had to wait a couple hours after we closed before they sent funding. Wish we had chose a different preferred lender from our builder. Biggest mistake/regret of the whole process was choosing loan depot. 

Business response:

Hi ******– We apologize that your experience was not satisfactory and would like to learn more. Please call our 

Jerry G's profile image
Jerry G 
4 years ago

This was my second loan application with Loan Depot. Four years ago my first experience with Loan Depot exceeded my expectations. My most recent close far exceeded all expectations that I had. Took only 14 days from application to closing. That’s unheard of even with the virus problem. The service and interest rate was much better than any quoted by competitors. 

John D's profile image
John D 
4 years ago

Wow! Loan application to close in only 23 days. This was a refinance of a 9 month old loan. I am very satisfied with my original loan and totally pleased with the process in the refinance at 2.5% interest rate. Great company and very professional! 

Kelly C's profile image
Kelly C 
4 years ago

The only thing is good for this company is the rate is very competitive with other lenders in market now. I have done refinance with different lenders, but this is the most painful process we ever had. First, we had two loans to refinance at the same time. Before we sign the agreement, we have the agent to check on to transfer our appraisal report from another bank (which was done within 90 days) for one ofthe loans. The agent checked with the upper management and told us YES. After we submitted the application and they rece... read more

Eugene N's profile image
Eugene N 
4 years ago

Agree with the other reviews. Stay away if you can. A total lack of transparency, timeliness, and professionalism in their loan closing process! A total and utter lack of professionalism. Not for the faint of heart. The rates might be attractive, but you risk losing thousands of dollars down the road due to delays and lack of transparency in the process. - The initial application went smoothly and our lending officer was proactive in explaining the process and was responsive in all communication. However, everything went dow... read more

JACKIE P's profile image
JACKIE P 
4 years ago

Sly talking and fancy wording, broken promises, kid of felt as if they took advantage that we were first time home buyers. Took FOREVER to answer questions during process. Was supposed to have everything ready and funds sent to lawyers the day before closing. It was even their idea of that to speed up the process...still had to wait a couple hours after we closed before they sent funding. Wish we had chose a different preferred lender from our builder. Biggest mistake/regret of the whole process was choosing loan depot. 

Mary V's profile image
Mary V 
4 years ago

Wonderful experience from start to finish! My loan manager, Gladys Pritchard was the best customer service I have ever had. Highly recommend Loan Depot! 

Karen M's profile image
Karen M 
4 years ago

I've done two loans with Loan Depot and both were great experiences. They are in it for you. They keep you informed along the way and are quick to answer any questions you have. Highly Recommend! 

Business response:

Hi Karen! Thank you for sharing the positive experience you had with loanDepot. Customer satisfaction is our priority and your feedback is greatly appreciated. 

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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