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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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Ron M's profile image
Ron M 
4 years ago

The absolute worst company to deal with. Expressed requirements at BEGINNING of a re-fi. Repeated these during discussions throughout the 16 weeks it took them to close. AND I have over an 815 credit score with no negatives that would raise a flag. Then they totally DISREGARD with NO BASIS WHATSOEVER AND IGNORED DESIGNATIONS IN THE SIGNED CLOSING PAPERS. THEY VIOLATED THESE AGREEMENTS AND I AM NOW TAKING LEGAL ACTION ON THEM. 

Business response:

Hello *** – We take your concerns very seriously and would like to help resolve the issue. I have referred this to our Customer Care department to investigate. If you would like to speak with a representative immediately please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

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. 

Afrielle F.'s profile image
Afrielle F. 
4 years ago

The process of buying a house is very exciting, yet a little bit stressful. You have to know who to fully trust with the whole process especially when it’s time to close. Honestly, the process was not smooth. However, my loan officer Phil B**** did everything he could on his end to close ASAP. He was very efficient, very responsive, awesome communicator in regards to every update of the loan, and who I can fully trust and depend on. He also provided me unbeatable interest rate for a first time homeowner buyer! I can’t THANK ... 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. 

David K's profile image
David K 
4 years ago

To date, the worst experience ever. No call backs. No updates. Zero communication. Missed two interest lock dates (which were provided by Loan Depot). When asked for status, no status is ever given. Example: Loan Depot "I will update numbers for the new month as this loan is going to final review today or tomorrow - there is a 2 month pad for all escrow accounts- Once I update with the new payoff and dates I will send you an updated disclosure, " Six days after the receipt of above, I sent "Please provide update. The rate lo... read more

Business response:

Hi David – We take your feedback very seriously and would like to investigate further. Please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com at your earliest convenience. 

Denese C's profile image
Denese C 
4 years ago

James C** was the first contact and from the first conversation I felt a sense of comfort. He exercised patience, professionalism and always had a calm spirit in which made me at ease. He was available to answer my questions, research inquiries and responded in a timely manner. Ashley M********* came a bit later in the operation and immediately fit right in to ensure all documents were transitioned smoothly in the process. They were a dynamic team together. I never felt unheard or unimportant. They were there through every s... read more

Business response:

Hi Denese! Thank you for sharing your great experience with us. We will share your kind words with James. Please keep us in mind for any future lending needs. 

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

5*s for LoanDepot. Process was super easy and quick. This is the 2nd time I'm using LoanDepot. 

Business response:

Hi Abid! 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. 

Dennis R's profile image
Dennis R 
4 years ago

Extremely profession team from beginning to end. All communicated above and beyond even after hours and on weekends to keep me informed. They worked very hard during a very busy time to successfully complete two refi's for me at the same time. I have bought and refinanced many times with many different lenders and this team was the very best! I have highly recommendthe them to three people already. 

Business response:

Hi Dennis! 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. 

Colleen M.'s profile image
Colleen M. 
4 years ago

Too many mistakes. We had our “final” settlement sheets sent to us 6 times, all with different closing costs. Our payout/refund was held up over a week. Would not use Loan Depot again. 

Business response:

Hi ******* *- Thank you for reaching out to us about your experience. We would like to have a member of our Customer Care team to discuss this further with you. Please call our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

Colleen M's profile image
Colleen M 
4 years ago

Too many mistakes. We had our “final” settlement sheets sent to us 6 times, all with different closing costs. Our payout/refund was held up over a week. Would not use Loan Depot again. 

Business response:

Hi Colleen -- Thank you for reaching out to us about your experience. We would like to have a member of our Customer Care team to discuss this further with you. Please call our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

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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