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

AWFUL experience. Jonathan T was my initial contact and I was told this would close in 30 days.... well guess what that was JULY and it closed in November... in the interim, my rate changed, my credit destroyed, closing fees far higher than i was quoted, paperwork delays, the closer was just beyond frustrating, didnt return calls or emails, i was in to deep or would have cancelled. NIGHTMARE COMPANY AND NOW MY PAYMENTS ARE HIGHER THAN QUOTED AND I WAS TOLD 30 DAYS TO 1ST PAYMENT AND BEING TOLD ITS ALREADY DUE AND IM LATE!!!!... 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. 

sokhoeun s.'s profile image
sokhoeun s. 
8 years ago

Loan depot did a awesome job! I had compared different lenders and they did not do a good cash out and I have good credit. but loan depot had so many option and the option was great! I recommend this lender than most of others.. because Robin and Maggie are very direct with their customer. thank you for keeping me inform with everything. 

Business response:

We sincerely appreciate your positive feedback. Thank you for selecting us. 

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

Terrible customer service. All was good until the appraisal was completed. Even before the results returned, phone calls went straight to voice mail and were not returned. Weeks went by. In the meantime I received documents showing the loan amount going up *was told originally that the loan amount could not go over a certain amount* and the payment going up. I was told the rate was 'locked' in until Dec 5th. I finally got someone to contact me, on Dec 5th. Was told they would extend the lock for 7 days but nothing happened. ... 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. 

terri's profile image
terri 
8 years ago

I am very displeased with this company. I wanted to refinance before I purchased a small business. This was four months ago. The loan officer KNEW that I was refinancing before I purchased, and we were supposed to close at the end of Oct or beginning of Nov. I let them know that I was going to have to go ahead and put the money on the table for the business I was purchasing. I was told, no prob, go ahead. It is December - Heard nothing. Of course now, they have turned down my loan. I had to GO TO THEM to find this out. Now, ... 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. 

Penney W.'s profile image
Penney W. 
8 years ago

Refinance Loan.We were honest about my husband only having his current job for 5 months and the first person we talked to assured us that it would not be a problem. Second person that was to finish the loan process was very unprofessional, the processor would never answer my questions or return my calls so i had to start dealing with supervisor. The supervisor started out ok about returning calls. By this time i had already paid for the appraisal, our bathroom did not pass because we were in the middle of a remodel and part... 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. 

David L.'s profile image
David L. 
8 years ago

Loan Depot did my refi and handle it very professional they gave me every update that I needed to successfully be approved my loan broker stayed in contact with me every step of the way on signing on funding I think you very much for all the help 

Business response:

Thank you for taking the time to give us your feedback. We truly value your business. 

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

I have been attempting to refinance 3 different properties since the beginning of October '16: 1 primary and 2 investment. I was given a rate lock on 10/6, then each time I was asked for documentation, I provided it within 1-3 business days. Despite that, they were unable to close and when the lock expired in mid-November, did not offer to extend it w/o cost. Instead, the current estimate, which is due to expire tomorrow, has addl points. To make it worse, I suspect they'll do the same tomorrow: tell me that there's one more... read more

Business response:

We sincerely regret that your experience with us was anything less than satisfactory. To further address your concerns, Michael G will be reaching out to you. For your reference, his direct phone number is 

mark c.'s profile image
mark c. 
8 years ago

We are working on a loan from Loandepot and they are beyond the doubt the worst home loan co. we have ever dealt with the loan has been in process for four months and the underwriters just keep finding something more they need. This co is so unprofessional if you want a loan go somewhere else 

Business response:

We sincerely regret that your experience with us was anything less than satisfactory. To further address your concerns, Linnet C will be reaching out to you. For your reference, her direct phone number is ************* 

Ronald U.'s profile image
Ronald U. 
8 years ago

My wife and I would like to thank Arthur O, Crystal B and staff for their expedient, courteous, and excellent service they provided us during our refinancing of our home. They never gave up on us and directed us on everything we needed to provide LOAN DEPOT to make our refinancing successful. Thanks to Arthur for saving us so much money on our interest rate. We will be telling all our friends about the quality of respect and loyalty you have to your costumers. Thank you for all your hard work. ****** *** ***** 

Business response:

Thank you for providing your positive feedback. We're glad that Arthur and Crystal were able to provide you with excellent service. Thank you for selecting us. 

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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