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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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MARTIN W's profile image
MARTIN W 
5 years ago

they did a very good job for us, and we would recommend them to friends! 

chloeleibowitz's profile image
chloeleibowitz 
5 years ago

Very professional representatives. The process was easy and efficient. Hardly took any time at all. I was told in advance what was needed and when things would happen. 

David G's profile image
David G 
5 years ago

I have always done all my financing through large brick and mortar lending institutions. I was a little skeptical to try Loan Depot. But the whole process was very easy and efficient. It only took 5 weeks to fund a refinance during the busiest time ever for refi's.(March/April 2020). Three additional family members have funded with Loan Depot without any problems since mine was funded. Highly Recommend!!!! 

Trent B.'s profile image
Trent B. 
5 years ago

Loan Depot did not give us good service. We were lied to from beginning to end. We came into the process thinking we would have to go FHA. Our lender told us he could get us approved through USDA. We let him know about our taxes. He continued telling us we were okay. After we had past the date were we couldn't get our earnest money back our lender stop communicating with us. We were already almost a month in. Our closing date was on April 20th. He continued to let us dish out money knowing that we were getting approved for t... read more

Business response:

Hi ******We would like to learn more about your experience so that we can try to resolve the issue. A member of our customer care team will connect with you directly. 

Andria W's profile image
Andria W 
5 years ago

We had a great experience with Loan Depot while refinancing our property. They provided great customer service during and were honest and responsive. 

Robin P.'s profile image
Robin P. 
5 years ago

Disappointing at best. Little communication. Overcharged on disclosed fees. We signed our loan documents on April 3rd. Still no final documentation received. Coming up on 30 days. 

James B.'s profile image
James B. 
5 years ago

Loan Depot did not give us good service. We were lied to from beginning to end. We came into the process thinking we would have to go FHA. Our lender told us he could get us approved through USDA. We let him know about our taxes. He continued telling us we were okay. After we had past the date were we couldn't get our earnest money back our lender stop communicating with us. We were already almost a month in. Our closing date was on April 20th. He continued to let us dish out money knowing that we were getting approved for t... read more

Tim z's profile image
Tim z 
5 years ago

It was a messy, fraudulent process to deal with Loandepot. The loan officer Mike M****** lied to us from the beginning about rate lock and even so they cannot close the loan after 60 days of rate lock. 

Steven I Fried's profile image
Steven I Fried 
5 years ago

Never use this company for a mortgage loan. LOAN REQUEST WAS APPROXIMATELY 50% LOAN-TO-VALUE REFINANCE TO LOWER MY EXISTING PAYMENTS BY ABOUT $200. PER MONTH. CO-BORROWERS HAVEN'T BEEN LATE ON A PAYMENT BY 1-DAY IN 15 YEARS WITH BOTH CREDIT SCORES IN EXCESS OF 800. CREDIT WAS APPROVED WITH ONLY SUBJECT TO APPRAISAL. DUE TO CORONA VIRUS COVID-19 COULD NOT ALLOW APPRAISER TO APPRAISE INSIDE OF HOUSE. PROVIDED TWO APPRAISALS INCLUDING INTERIOR PREPARED BY AND FOR EXISTING LENDER LESS THAN 11 MONTHS OLD THAT SUPPORTED 50% LTV. Y... read more

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 at 9:00 a.m. 

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