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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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Tim H's profile image
Tim H 
5 years ago

I was promised a good rate with them.They kept giving me the runaround ,wasting my time.I sent them all my information and documents multiple times and they kept having me resend them.My house more than appraised out at the value needed.Charged me for an appraisal and then couldn’t deliver the deal.I have excellent credit.I asked for my money back multiple times and they won’t refund me.It was the biggest waste of time of my life I have never dealed with more terrible service in my life.They tool me for 500 dollars beware of... read more

Business response:

We would appreciate hearing more about your experience. Please contact our Customer Care Team at 888-337-6888 (x6789) or customercare@loandepot.com so that we can look into your situation further. 

John M's profile image
John M 
5 years ago

They were extremely helpful all the way through the process. We feel very comfortable with our Mortgage with Loan Depot. 

Business response:

Customer satisfaction is our priority and your feedback is greatly appreciated. We are honored to be your lender of choice and look forward to working with you again. 

Jody W's profile image
Jody W 
5 years ago

The process was relitivrly easy and the people were very professional. 

Business response:

We are thrilled that you had great experience with us and appreciate the time you took to share. Please keep loanDepot in mind for any future lending needs. 

Kimberly G's profile image
Kimberly G 
5 years ago

We were looking to refinance our home to a lower rate. We were assured by the Loan Depot staff that this would be done in about a month (30-40) days. We were in some what of a time crunch to close because we had plans to get solar before the end of the year. We started our refinance process the beginning of the 2nd week of October 2019. We submitted all documents requested within 24 hours every time anything was needed. On several occasions I would call in and have to leave a voicemail. Rarely would the call be answered. It ... read more

Business response:

We take your concerns very seriously and would like to help resolve the issue. Please contact our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

Pr P's profile image
Pr P 
5 years ago

I was looking to re-fi and recieved a call from Loan Depot after doing some inquiries online. The person I talked to seemed very forceful to get this loan processed. They were running a "Holiday Promotion" and kept telling me that the offer was only good till the end of day. Then I called the next day and the offer was "extended". Then I waited one more day to learn the offer was "extended" again. That's when I called BS on this company. Their closing costs are actually very high. Do your research!! I read the comments and c... read more

Business response:

We would appreciate hearing more about your experience. Please contact our Customer Care Team at 888-337-6888 (x6789) or customercare@loandepot.com so that we can look into your situation further. 

jonathan k's profile image
jonathan k 
5 years ago

The team at Loan depot were incredible. They processed my loan flawlessly and closed escrow 8 days early! I think they are fantastic and the best in the industry based on my 30 years of experience in buying real estate. Plus the customer service of Corvi and his team was superb and guided me through the process at every step. I will never use anyone else!! 

Business response:

We appreciate your business and look forward to servicing your future lending needs. Please feel free to reach out to our team if you ever need assistance. 

Michael C's profile image
Michael C 
5 years ago

The team I worked with, Tom & Clemens, were excellent. From the outset I approached the process as an active team member where we each had deliverables expected to move the process along. When the payoffs on the credit cards lagged the loan payoff a quick communication to the team rectified the situation, with each team member taking ownership of their respective part to hit the original timeline. 

Edward A's profile image
Edward A 
5 years ago

They don’t answer your questions . They don’t answer phone calls . It’s been a month I have no idea about if I have the loan or not !!! 

syeda F.'s profile image
syeda F. 
5 years ago

I had exact same experience as previous reviewer. My mortgage payoff was supposed to be dispersed on 12/11/2019, today 12/18/2019 still waiting for it to be paid off. When you call them they don not pick up phone or return call when you leave a voice mail. They also do not reply to any emails. I am also sitting and waiting for it to be paid off just accumulating interest in mean while. 

Business response:

Unfortunately, due to the exceptionally high refinance volume occurring nationwide at the moment, there has been a lag in the timing for funding loans. However, Closing USA has made every effort to address issues caused by delayed funding, including making additional interest payments and addressing any other cash issues that arise. This loan closed on 12/5, and was funded on 12/20. However, because the funding wire was sent after close of business, there was a payoff shortage to the prior lender. The borrower was in contact... 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 on Monday at 9:00 a.m. 

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