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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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AW's profile image
5 years ago

Loandepot did not clear our loan to close within the 60 day lock period and then charged us over $2000 to extend the rate lock. 

Cherie M's profile image
Cherie M 
5 years ago

Fast, easy experience with a great interest rate. Knowledgable Loan officer and processor. Would recommend to everyone. 

Terrell H's profile image
Terrell H 
5 years ago

I would highly recommend Load Depot to anyone. They were very professional and kind during this very hard times considering the stay at home order and distancing. Thank you and Stay Safe, ******* ** **** 

Business response:

Hi Terrell1 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. 

Doug S's profile image
Doug S 
5 years ago

Loan Officer promised low closing costs. Costs ended up being 3x ($4,000) more what was "promised". Said the lower cost would show up after a manager applied a "discount" to the costs, which never happened. Closing Cost statement was constantly changed and wrong to this day. Funded the loan without correcting any Closing Cost mistakes and reduced amount funded. Customer Service is non-existent. Never told the truth and promised to correct misstatements, but never follow through. Better to go through a reputable mortgage bank... read more

Business response:

Hi Doug. Providing exemplary customer service is our top priority and we would like to discuss your concerns with you directly. A member of our team will reach out to you. 

Kassandra B's profile image
Kassandra B 
5 years ago

Great communication and very convenient. I really liked the gentleman who helped us and if we refinance in the future we will use them again. The process was WAY more simple then the last time. 

Josh O's profile image
Josh O 
5 years ago

We refinanced two loans with them and it was a very smooth process with excellent rates compared to what our current (now former) lender offered. Communication was excellent and the closer came to my house for all the required in person signatures. 

Dheeraj G's profile image
Dheeraj G 
5 years ago

Got gret rate on my refinance and smooth experience overall. 

C Montgomery's profile image
C Montgomery 
5 years ago

Very disappointed that after making a telephone inquiry, they sent an application without my requesting it. I left a message to tell them I would not be completing the application because we only wanted information. Soon thereafter, we received a letter of denial and this denial was reported to the credit agencies. This is a shady practice and it should be illegal. 

Wayne D's profile image
Wayne D 
5 years ago

One word... RECOMMENDABLE! From beginning to end everyone who was involved in my loan process was not only polite, but made sure I understood what was happening as the process was going along, especially the loan officer I was assigned David J. I had absolutely no problem getting any and all of my questions answered because he would almost always be available. When he wasn't, he would get back to me right away. NOW THAT'S SERVICE! Not only will I recommend LoanDepot to friends and family. I will definitely call them again fo... 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 tomorrow at 9:00 a.m. 

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