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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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TimM's profile image
TimM 
5 years ago

LoanDepot was superior throughout the process. They let you log into your own account to complete all of that "normally annoying" paperwork. You can also upload most of your documentation yourself. Their team was "On it", the whole time and kept me informed the entire time. We were able to close my loan not only on time, but even early! I would highly recommend LoanDepot! 

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. 

Chris M.'s profile image
Chris M. 
5 years ago

Loan Depot kept me informed every step of the way. 

Business response:

We appreciate the feedback and are glad to hear that you are happy with your experience with our team. If you need anything in the future, please let us know. 

Jonathan P's profile image
Jonathan P 
5 years ago

My process was incredibly smooth. Jason was a great agent and quickly got my application through the process. Underwriting took quite a bit of time but with the 60 day lock, there was no concern about losing our locked rate. While most other companies were quoting 3.5%, LoanDepot was significantly below this rate and at considerable cost savings. While some might have thought this a deal too good to be true, we recently closed on our refinance and could not be happier. I was well-versed in the process so I knew what would be... read more

Business response:

Thank you for the great review. We are happy that your loan process went smoothly. We look forward to servicing your future financing needs. 

Sharla M's profile image
Sharla M 
5 years ago

We were applying for a loan and because the appraisal came in too low they just dropped us. We told them that the appraisal was incorrect and asked them to help us. We talked to 3 people and they all said we will check into this and call back and we received no calls. This is very poor customer service. They did nothing to try and help. 

Business response:

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. 

max r's profile image
max r 
5 years ago

First off, for the skeptics out there, I wish to disclose that my negative review will not be based on me not securing a loan. In fact, I did close on my loan as expected. My review is simply based on the experience I had while going through this process. I started this process on August 14th having had plenty of experience since this is approximately the 10th time I solicited a loan for a number of properties I own, or previously owned. My credit score is approximately 800 thus was not a factor in securing a loan. Having do... read more

Business response:

Your satisfaction is our top priority. We would like to have a member of our Customer Care team to look into this matter further. Please call our Customer Care team at 888-337-6888 (x6789) or e-mail them at customercare@loandepot.com. 

Marlene S's profile image
Marlene S 
5 years ago

They are true to their word. Only complaint is in the final processing stage. Issues arose with time of funding and processor was was either unable to, or did not feel she needed to, explain why funding did not take place on date we were given, but rather a week later. It became necessary to send multiple emails to others above her station to get a satisfactory result. Loandepot covered the extra daily per diem on loan payoff to cover the late payoff and we thank them for that. This is our 2nd refi transaction with Loandepot... read more

Business response:

Customer satisfaction is our priority and your feedback is greatly appreciated. If you would like to discuss this further, please get in touch with our Customer Care team at 888-337-6888 (x6789) or customercare@loandepot.com. 

Sazzad H's profile image
Sazzad H 
5 years ago

It was an excellent experience working with Kevin and Eduardo (I have not seen anything from other officers like underwriter etc. but I think everyone that I have not heard from worked so hard to process my loan smoothly)) to process my loan/refi (from application to closing). Great experience. Thank you so much. 

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. 

Mary G's profile image
Mary G 
5 years ago

Excellent job by Kelvin B****. My mortgage team was excellent! They got it closed in 30 days. Very professional, courteous and helpful. I was very pleased. 

Business response:

Thanks for taking the time to share your great experience with our team. We work hard to meet expectations like yours, and we’re happy to hear we hit the mark. Feel free to reach out if you ever need assistance. 

Janet G's profile image
Janet G 
5 years ago

Awesome service. My loan officer Shannon C*** was with me every step of the way explaining the process. I was very impressed with her attention to detail and reassuring personality. 

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. 

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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