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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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Nora M.'s profile image
Nora M. 
8 years ago

WORST experience. I am the seller's agent and owner of a home that was being sold by a Lender Depot borrower. Their processor was ERICA O. She was ill prepared, inefficient, inept, untrustworthy, unprofessional and ignorant. The contract had a last day to close date, and the loan docs were being completed while we were closing. It was an awful stressful experience with this pathetic company and had they been better prepared, all of this could have been alleviated. 

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

John S.'s profile image
John S. 
8 years ago

We have been working with Loan Depot since November to refinance our home. All went well at first, until Loan Depot discovered that we did not qualify for a FHA loan because our site condo association was not approved by HUD. Think this should have been one of the first things verified before sending loan to underwriting. Then we proceeded with a conventional refinance. Here we are almost 3 month later and the monthly cost and closing costs go up each time we talk to Loan Depot. They also continue to not be able to provide u... read more

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

Linda K.'s profile image
Linda K. 
8 years ago

Seriously an A+ rating! In Oct./Nov. we dealt with Stephon M. The appraisal was for more than was required and we had submitted all the paperwork and were waiting for the final notary phase. Then he stopped communicating at the same time that interest rates went up. They told us we would get our appraisal fee of $595 back - still waiting! 

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

Brian's profile image
Brian 
8 years ago

I applied for information on Lending Tree for mortgage refinance information. Lending Tree will also be gettin negative review. Lending Tree gave out my contact info to Loan Depot and they harassed me. So much so I would never do business with either Lending Tree or Loan Depot ever again. If Loan deport was %20 cheaper than the competition I'd still go with the competition. They called me up to three or four times a day asking me to refi my house. I told them on multiple occasions to take me off their call list but they stil... read more

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

lolita m.'s profile image
lolita m. 
8 years ago

AWFUL experience. Courtney was my initial contact; I submitted all the paperwork. This refinance started October 3rd, paid the money to have an appraisal done and nothing has happened since. I have spoken with at least 3 different people about my loan refinance in the beginning. I have made multiple phone calls and sent emails to get a resolution. It is now January 10th; and still nothing. In the interim, my rate changed, my credit destroyed, closing fees far higher than i was quoted, paperwork delays, and no communication. ... read more

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

Gerald M.'s profile image
Gerald M. 
8 years ago

worst company to deal with!!! They lost our information not once, not twice, but three times. We were lied to about fees and the closing costs, and then advised to wire incorrect closing cost fees, which required additional fees from our bank. prior to closing, requested a management to contact us regarding poor service ... three months later, still waiting for the call. 

Business response:

This customer cannot be identified with the information provided herein. 

Noalie's profile image
Noalie 
8 years ago

loandepot is very very unprofessional I have been dealing with them for four months and I still have not close this loan. 

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

Alfred's profile image
Alfred 
8 years ago

Johnny L is very nice,knowledgeable,helpful,an all around person . Very glad to have known him. 

Business response:

Thank you for taking the time to give us your feedback. We're glad that Johnny L was able to provide you with excellent service. Thank you for selecting us. 

Sharleen F.'s profile image
Sharleen F. 
8 years ago

I have purchased multiple homes and refinanced or modified a number of times. This is absolutely the worst company I have ever worked with. The initial contact went well. We were told closing costs would not exceed $2,700. We paid $450 for an appraisal which came in extremely low. That's ok. For a point we can still finance you. Lost rate lock. That's ok. For another point we can still make this work. After four separate issues created by the company the closing fees were nearing $10,000. We finally got fed up and withdrew o... read more

Business response:

We apologize for your experience and for any inconvenience this may have caused. Customer feedback is taken very seriously at loanDepot. We will review your communication and use your feedback to look at opportunities for improvement moving forward. If you wish to further discuss, please contact Customer Care at, 888-337-6888 ext. 6789. 

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 open now. It will close at 5:00 p.m.  

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