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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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Richard B's profile image
Richard B 
4 years ago

Loan Depot's staff were easy to work with and they made our refinance experience pleasant and easy from start to finish. Our first contact was made on August 25, 2020 and the transaction closed on September 29, 2020. We have friends who began their refinance process months before us, and they are still waiting to close their loan transactions. Many thanks to Loan Depot's staff for a job well done!! Richard & Judy 

Joyce M's profile image
Joyce M 
4 years ago

THIS IS A WARNING TO ALL CUSTOMERS LOOKING FOR MORTGAGE LENDER. STAY AWAY FROM THIS COMPANY. THIS COMPANY IS SO UNPROFESSIONAL AND DO NOT HAVE BUSINESS ACUMEN. THEY WILL MAKE YOUR HOME BUYING PROCESS A NIGHTMARE. I applied for a mortgage with loan depot to purchase a coop in New York. I have 779 credit and a good income.The application process was easy and smooth. I submitted all required documents in a timely manner. Closing date was set for 10/01/2020. As the process progressed I needed loan depot to provide a commitment l... read more

Business response:

Hi Joyce -- Thank you for taking the time to share your experience. Please connect with our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com and we will investigate further. 

Raj S's profile image
Raj S 
4 years ago

Excellent customer service and streamlined business processes make it easier and convenient to refinance and closing on-time!!! 

Business response:

Hi Raj -- Thank you for this feedback. We would appreciate hearing more about your experience. Please call our Customer Care Team at 888-337-6888 (x6789) or email customercare@loandepot.com so that we can learn more. Thank you! 

Lisa C's profile image
Lisa C 
4 years ago

I trusted with a BBB rating this company was going to provide us with professional service. We started refinancing our home in April, we came across an issue that took so much time to resolve due to covid that that lock expired and we were denied. We started up again all documents submitted numerous times and they charged my credit card without authorization for $495 for an appraisal we did not need or ever have (we had one in April) Emails & calls to them finally they did not credit the full amount but sent a check minus $5... read more

Business response:

Hi Lisa -- Thank you for this review. Please reach out to our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. We’d like to investigate further. 

JOSEPH L's profile image
JOSEPH L 
4 years ago

Great company, very happy with the service. The team I had was very professional 

Business response:

Hi Joseph – 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 so that we can assist you further. 

Laura F's profile image
Laura F 
4 years ago

If I was allowed to give zero stars I would give zero stars. I applied for a refinance in July and at first it seemed like this was a good company. They were responsive to my calls, answered my questions, etc. As soon as I gave them money for the application fee it all went off the rails. More than three months later I STILL have not closed on the loan. My loan officer and other people assigned to my loan have been replaced multiple times. My calls go unanswered for days and up to a week at a time. I only get responses when ... read more

Business response:

Hi Laura – We are sorry to hear that you are not happy with your experience with our team and would like to learn more. Please get in touch with our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

Carl S.'s profile image
Carl S. 
4 years ago

LoanDepot worked diligently to close my loan in a timely manner and kept me well informed throughtout the process. 

Brian G's profile image
Brian G 
4 years ago

Stay away! They dragged our re-finance out 90 plus days. Approved us, then I think they declined us because our rate lock was too low. I think this company is a scam. I think the underwriting department is completely disorganized. I recommend you look at another company. 

LAW's profile image
4 years ago

We have regretted using LoanDepot on so many levels. We started the process on 10/2/2019, and finally had the loan close on 7/29/2020. (A small, initial part of this delay can be laid at the feet of our loan broker.) Our refi was for 21% of our home's value, with our cash assets (excluding our home) six times that of the loan. The delays were beyond ridiculous, because of their delays we had to resubmit the same documents over and over and over again. The adage of, "the right hand not knowing what the left hand is doing", is... read more

Business response:

Hi ****** –Please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com at your earliest convenience so that we can assist with 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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