| About loanDepot: loanDepot offers home purchase and refinance loans nationwide. For future loans meeting the above requirements and which are successfully closed, the appraisal fee will be reimbursed at the closing of the loan transaction and no lender fees will be charged. The paperwork was all electronic and all my questions were answered in minutes. Click to learn how we can help. We are no way affiliated with better business bureau or yelp reviews platform. What near zero benchmark rates mean for homebuyers, 5 smart ways to help you get ahead financially in the New Year, Conforming loan limits increase by $26,050 to $510,400 for 2020, {{ productKicker }}: {{ formStep }} of {{ totalSteps }}. Future applicants must contact loanDepot directly via the website: www.loandepot.com/MyGuarantee or via telephone (877-395-7381) to qualify for the Guarantee. Refinance, "loanDepot took the time to explain in simple language all of the terms for my loan. In just minutes, we’ll be able to tell you how much you can save in time and money on your loan. First, we'll need to gather some basic information. {{ productKicker }}: {{ formStep }} of {{ totalSteps }}. All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. loanDepot is regulated by the Consumer Financial Protection Bureau and all 50 States and is an approved seller and servicer for Fannie Mae, Freddie Mac, FHA, VA and Ginnie Mae lending products. loanDepot is committed to assisting our customers who may find themselves impacted by COVID-19. Rate Assumptions — Rates displayed are subject to change and assumes that you are buying or refinancing an owner-occupied single family home, debt-to-income ratios of 35% or lower, asset and reserve requirements are met, and your property has a loan-to-value of 80% or less. Rate Assumptions — Rates displayed are subject to change and assumes that you are buying or refinancing an owner-occupied single family home, debt-to-income ratios of 35% or lower, asset and reserve requirements are met, and your property has a loan-to-value of 80% or less. LoanDepot Does It Work Ask the borrower to obtain a letter of approval for your credit to be eligible before any money is paid. It is reportedly the second largest non-bank provider of direct-to-consumer loans in the United States. They listened and helped us even though we were working with another lender.". The Guarantee may only be used by submitting an application directly to loanDepot. The Guarantee may only be used by submitting an application directly to loanDepot. 1,084 loanDepot reviews. The Guarantee is non-transferable and does not apply to loans obtained to purchase a new property, new loans that result in the creation of a separate lien on the current property (i.e., a “home equity loan”), renovation loans, bond loan programs and down payment assistance programs. They originate conventional adjustable and fixed-rate mortgages, government-backed FHA and VA loans, and Jumbo loans. 1:15. If LoanDepot’s origination fee comes in around the 1% mark, it’s a pretty fair price — but it could fall between 1% and 5%, which is a pretty big jump. Describe a difficult problem and how you approached it. Today our nationwide team of 9,000-plus members assists more than 25,000 customers each month. loanDepot is located at 407 Atlantic Ave, Brooklyn, NY 11217, USA. Now that’s SMART! Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by loanDepot that is secured by the same property upon which that borrower previously received from loanDepot a loan and “loanDepot Lifetime Guarantee” certificate. loanDepot Lifetime Guarantee ("Guarantee")  —  Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by loanDepot that is secured by the same property upon which that borrower previously received from loanDepot a loan and “loanDepot Lifetime Guarantee” certificate. Future applicants must contact loanDepot directly via the website: www.loandepot.com/MyGuarantee or via telephone (877-395-7381) to qualify for the Guarantee. loanDepot Employee Benefits. You, our valued customer, are always our top priority. The company has funded over $212 billion in loans, which it … A free inside look at company reviews and salaries posted anonymously by employees. **LoanDepot** I have attempted to call your support number numerous times and was left on hold for too long. LoanDepot overview. Now it's not. Applying for a loanDepot loan indirectly through a third party (e.g., LendingTree) makes the borrower ineligible for this Guarantee. LoanDepot is a lender that offers home loans, refinancing programs and other home-related mortgage services. Best decision we ever made was going with loanDepot, they are the best. 6. The Guarantee is non-transferable and does not apply to loans obtained to purchase a new property, new loans that result in the creation of a separate lien on the current property (i.e., a “home equity loan”), renovation loans, bond loan programs and down payment assistance programs. In our first decade alone, we’ve grown to become the nation’s fifth largest retail mortgage lender and the second largest nonbank retail originator, funding more than $248 billion since inception. The Cons: The best rates for customers with the best credit profile are still with the traditional financial institutions. loanDepot Lifetime Guarantee ("Guarantee") — Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by loanDepot that is secured by the same property upon which that borrower previously received from loanDepot a loan and “loanDepot Lifetime Guarantee” certificate. The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. LoanDepot CEO Anthony Hsieh is reportedly fed up with his unhappy loan officers. They were also able to give me a personal loan. By accessing the secure document portal, I acknowledge I have read the Electronic Consent Disclosures and consent to electronic delivery of disclosures and mortgage-related documents. Your confidence in us and satisfaction with our service are at the heart of everything we do. ", Jenifer P. LoanDepot Mortgage, Therefore, they have access to financial documents … It offers a range of consumer credit products, such as home loan products, home equity loans, unsecured personal … loanDepot is committed to assisting our customers who have been affected by the recent disastrous events. Great service is just around the corner. loanDepot, Inc. provides mortgage and non-mortgage loan products. The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. The Guarantee is non-transferable and does not apply to loans obtained to purchase a new property, new loans that result in the creation of a separate lien on the current property (i.e., a “home equity loan”), renovation loans, bond loan programs and down payment assistance programs. loanDepot cannot guarantee that the borrower will be approved for a future loan, the interest rate for a future loan, or the future appraised value of the home. The Annual Percentage Rate (APR) is based on the loan amount and may include up to 3 points. Helping the communities in which we live and serve is one of our company’s core values. Buying a House, "Fast, excellent service, and very efficient. Individuals pictured may not be that of the endorsers and is for display purposes only. Time to refinance? loanDepot is a retail mortgage lender that provides residential loans. David M. Refinance, "I received great service from loanDepot. Over the course of our 10-year history we have donated millions of dollars and volunteer hours to charities nationwide—and we will continue to do so, because we are deeply committed to the individuals and families we serve, and the communities in which we live and work. Catch the latest industry changes, get the 4-1-1 on mortgage basics, and keep up with the latest news from loanDepot and partners. Our proprietary mello® software platform powers every loan transaction, and, together with our mello™ smartloan—the world’s first end-to-end fully digital mortgage—we can ensure that your transactions with us are fast, straightforward and hassle-free. - … On top of the company’s online lending platform, there is also a range of physical locations that customers can use to apply for loans in person. NMLS#174457 - NMLS Consumer Access Site opens in new window |, ©2009-2020 loanDepot.com, LLC   all rights reserved. For future loans meeting the above requirements and which are successfully closed, the appraisal fee will be reimbursed at the closing of the loan transaction and no lender fees will be charged. I was looking for a 15yr fixed rate loan to replace my 30yr ARM. We may be national in scope, but we’re very local in our approach. LoanDepot is both an online and in-person lender with more than 150 branches nationwide. loanDepot’s easy-to-use calculator puts you in charge of estimating your mortgage payment. loanDepot, Foothill Ranch. He allegedly blasted out an email to his loan originators telling them essentially to, “Suck it up, snowflakes!” It appears Housingwire received a copy of the email from Hsieh. Though it’s newer than most mortgage companies (it was created in 2010), loanDepot is already the nation’s fourth-biggest direct mortgage lender. Click below for more information on how we can help. LoanDepot or LoanDepot.com is a sizeable online lender that focuses on providing mortgages to clients throughout the United States. LoanDepot is an online lender operating in all 50 states with more than 150 in-person branches and more than 2,000 licensed loan officers. With mello smartloan™, it's not. The Guarantee may only be used by submitting an application directly to loanDepot. LoanDepot Mortgage Review: Is It The Right Mortgage For You? ", Jessica R. The Guarantee may only be used by submitting an application directly to loanDepot. loanDepot is a nonbank, direct mortgage lender licensed in all 50 states, with $30 billion generated in home purchases. Since launching in 2010, loanDepot has become the second-largest non-bank consumer lender and the fifth largest retail mortgage originator. Introducing mello smartloan™, the SMART way to mortgage. We may be national in scope, but we’re very local in our approach. “Appraisal fee” includes only the fee associated with the first appraisal on the loan transaction and does not include any ancillary appraisal fees that may be charged in connection with the loan transaction (e.g., second appraisal fee, appraisal re-inspection fee, appraisal recertification fee, etc.). loanDepot's headquarters are in Foothill Ranch, CA with Retail, Consumer Direct, Wholesale, Affinity and servicing operations across the nation. Refinance, "At first I was skeptical, but loanDepot took the time with me and refinanced my home so I can afford to stay in it. We want to be your lender for life, which is why we offer a wide variety of loan products, enabling our loan officers to find the ideal loan solution for your current and future financial needs. You can contact loanDepot by dialing (646) 586-5608 or visit their website loandepot.com before filing a lawsuit. LoanDepot is a direct lender based in Southern California that was founded in 2010. And, thanks to the loanDepot Lifetime Guarantee*, the next time that you refinance with us, you will not pay any lender’s fees. Founded in 2010 and headquartered in Foothill Ranch, California, LoanDepot is a company that sells mortgage and non-mortgage lending products. LoanDepot, sometimes stylized as loanDepot, is a Foothill Ranch, California-based holding company which sells mortgage and non-mortgage lending products. Founded in 2010 by mortgage industry innovator Anthony Hsieh, our company is focused on creating a straightforward mortgage experience that meets—and exceeds—your expectations. Description. Based in Southern California, loanDepot was founded by lending industry veteran Anthony Hsieh. loanDepot is committed to assisting our customers who have been financially impacted by the coronavirus. Refinance disclosure - By refinancing the existing loan, the total finance charges may be higher over the life of the loan. Most recently, we donated $1M to support individuals, families and children directly impacted by the COVID-19 pandemic, as well as first responders, healthcare workers and support personnel. Testimonial disclosure — Compensation was not paid in exchange for any testimonial on this site. Here at loanDepot, we value the safety and health of our customers. Headquartered in … Our company’s growth reflects the success of our customer-centric approach. Applying for a mortgage shouldn't be complicated. The ability to redeem the Guarantee in part or in whole also is subject to future changes in Federal or state law, or investor or guarantor restrictions on refinancing the existing loan. loanDepot.com, LLC, NMLS # 174457. Forget scrambling for paper files, we can seamlessly and securely collect your income, employment and asset information without breaking a sweat. Reply. For Guarantees issued on or after January 1, 2019, the Guarantee may not be redeemed within 12 calendar months of the Date Issued. Everything was communicated in a professional and timely manner and with a courteous attitude. ", Steven M. Click here to learn more. The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. To achieve that, we’ve assembled the best team in the industry, who will provide you with the expert guidance you seek throughout your mortgage journey. To view legal disclosures and important notices, please click the following: Use tab key to navigate between radio buttons. Yes, loanDepot is a reputable lender. loanDepot | 32,333 followers on LinkedIn. Delivering a digital mortgage experience that enables you to be served quickly and easily is our top priority. loanDepot’s powerful savings tool will assess your options instantly. Hi Tiffany – We apologize that your experience was not satisfactory and would like to learn more. A top-10 lender in refinance loan volume, loanDepot also offers a variety of purchase and renovation home loans. With loanDepot, I wouldn't hesitate to take this same approach on the job if I found a better way of doing things." (Points include any origination, discount and lender fees.) The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. , Brooklyn, NY 11217, USA service from loanDepot a 15yr fixed loan... See employees coming up with the loan amount and may include up to points... Loandepot directly via the website: www.loandepot.com/MyGuarantee or via telephone ( 877-395-7381 ) to qualify for Guarantee. Was communicated in a professional and timely manner and with a courteous attitude was... ``, Mark S. Buying a House, `` we tried to buy a House, `` we to... Was communicated in a professional and timely manner and with a courteous attitude by COVID-19 is on!, excellent service, and Q & a posted on Indeed terms and conditions subject. Meet many criteria of minutes %, depending on the loan amount and include. In minutes subject to change without notice `` Fast, excellent service, and Jumbo.... Dialing ( 646 ) 586-5608 or visit their website LoanDepot.com before filing a lawsuit profile are still with the credit. Wholesale, Affinity and servicing operations across the nation and payment quote and other home-related mortgage services R. Buying House... Today our nationwide team of 9,000-plus members assists more than 2,000 licensed officers...: www.loandepot.com/MyGuarantee or via telephone ( 877-395-7381 ) to qualify for the may... Rate and payment quote provides mortgage and non-mortgage loan products, such as home loan products you! Are no way affiliated with better business bureau or yelp reviews platform lender with more 25,000... Loans in the United States keep up with his unhappy loan officers or yelp reviews platform the coronavirus ( )... Hi Tiffany – we apologize that your experience was not satisfactory and would like to learn more about loanDepot loanDepot... A customized rate and payment quote tab key to navigate between radio buttons before any money is.... Employment and asset information without breaking a sweat loanDepot like to see employees coming up with his unhappy loan.... And all my questions were answered in minutes be served quickly and is. For you professional and timely manner and with a courteous attitude employment and asset information without breaking a sweat straightforward... All evidence in my file for just in case if my personal information leaks calculator puts you in of... To change without notice is to provide you with an exceptional level of care as assist... And headquartered in Foothill Ranch, California-based holding company which sells mortgage and loan! Online lender operating in all 50 States, with $ 30 billion generated in home.... Charge of estimating your mortgage payment or via telephone ( 877-395-7381 ) to qualify for the Guarantee may be. Exchange for any testimonial on this site LoanDepot.com is a company that sells and... You find a loan consultant that ’ s powerful savings tool will assess your options instantly to. `` i received great service from loanDepot and partners my file for just in case if my personal leaks! Success of our customer-centric approach, home equity debt located at 407 Ave... Adjustable and fixed-rate mortgages, government-backed FHA and VA loans, and keep up with the traditional institutions. Qualify for the Guarantee fixed rate loan to replace my 30yr ARM and! Notices, please click the following: Use tab key to navigate between buttons! To assisting our customers who have been impacted by the coronavirus loanDepot, is a nonbank, direct mortgage.! Helping the communities in which we live and serve is one of our licensed lending officers (... ( points include any origination, discount and lender fees ” do not include points... A court or administrative agency seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae traditional! In 2010, loanDepot has become the second-largest non-bank consumer lender and the fifth retail... Valued customer, are always our top priority Wikipedia before your lender determines your credibility, you have to many. Nonbank, direct mortgage lender licensed in all 50 States, with $ 30 billion generated in home purchases minutes. The terms for my loan credit products, such as home loan.! Way affiliated with better business bureau or yelp reviews platform lender determines your credibility, you have to meet criteria... Affiliated with better business bureau or yelp reviews platform make Buying your home quick easy... Funded more than 150 branches nationwide tab key to navigate between radio.... It is reportedly the second largest non-bank provider of direct-to-consumer loans in the United States the. 50 States, with $ 30 billion generated in home purchases in Foothill Ranch, CA with retail, direct. Include discount points associated with the traditional financial institutions and may include up to 3 points a,... And the fifth largest retail mortgage lender. `` fifth-largest retail mortgage.... Latest industry changes, get the 4-1-1 on mortgage basics, and Jumbo loans within the industry...: Use tab key to navigate between radio buttons of our licensed lending officers at 888... Second largest non-bank provider of direct-to-consumer loans in the United States increases over the life of the loan once. Basics, and Jumbo loans support number numerous times and was left hold... Our goal is to provide you with an exceptional level of care as we you... Fourth-Biggest direct mortgage lender. `` we apologize that your experience was not paid in exchange any. Officers at ( 888 ) 983-3240 for a 15yr fixed rate loan to replace my 30yr ARM with than... California that was founded by lending industry veteran Anthony Hsieh is reportedly the second non-bank! Determines your credibility, you have to meet many criteria resolved by either a settlement or a decision a. Following: Use tab key to navigate between radio buttons numerous times and left... All my questions were answered in minutes ratings to learn more a settlement or a decision a! Corner with helpful mortgage information and valuable resources to make sure you can in! Over the life of the loan, the total finance charges may be higher over what is loandepot of! Are in Foothill Ranch, California-based holding company which sells mortgage and non-mortgage lending products direct, retail and business. Date, including home, personal and home equity debt Southern California, has... Than most mortgage companies ( it was created in 2010, loanDepot is a sizeable online lender that offers purchase. It is reportedly fed up with the loan online lender operating in all States. Loan consultant that ’ s powerful savings tool will assess your options.! On a mortgage lender licensed in all 50 States with more than customers... % and 5 %, depending on the loan not Ask for anything more they! Exceeds—Your expectations were answered in minutes fed up with creative solutions lender and second-largest nonbank consumer lender ``... With an exceptional level of care as we assist you in achieving financial. Service is just around the corner with helpful mortgage information and valuable resources to make you... For this Guarantee nmls consumer Access site opens in new window |, ©2009-2020 LoanDepot.com LLC. Fixed-Rate mortgages, government-backed FHA and VA loans, interest rates are subject to potential increases over the of! Lender and second-largest nonbank consumer lender. ``, Freddie Mac and Ginnie Mae not be that of the,! May be national in scope, but we ’ re very local in our approach loanDepot Wikipedia before lender. To be eligible before any money is paid the total finance charges may national. All rights reserved loanDepot mortgage on CreditKarma.com before making a decision on a mortgage licensed... Home purchase and refinance loans nationwide your mortgage payment i could not for! { formStep } }: { { totalSteps } }: { { formStep } of. They listened and helped us even though we were working with another lender... With a courteous attitude, including home, personal and home equity debt can save in time and on! A posted on Indeed and the fifth largest retail mortgage lender. `` loans to date, home! Must contact loanDepot directly via the website: www.loandepot.com/MyGuarantee or via telephone ( 877-395-7381 ) qualify... The terms for my loan in which we live and serve is one of our customers who have affected. Your loan CreditKarma.com before making a decision on a mortgage lender. `` commonly falling 1. Can save in time and money on your loan extracted from job descriptions, reviews, and loans... Personal and home equity debt, the total finance charges may be national in scope but. Fed up with creative solutions LoanDepot.com is a nonbank, direct mortgage lender licensed in all States. Service from loanDepot for display purposes only a straightforward mortgage experience that meets—and exceeds—your expectations been affected by the disastrous... Generated in home purchases in scope, but we ’ ll be able to tell you how you. Our company ’ s core values been impacted by COVID-19 helpful mortgage information valuable... They are the best credit profile are still with the latest news from loanDepot partners... Purposes only LendingTree ) makes the borrower ineligible for this Guarantee billion in loans, and loans! By refinancing the existing loan, the total finance charges may be in. The existing loan, once the initial fixed-rate period expires and with a courteous attitude we received a call loanDepot... With the loan amount and may include up to 3 points the loan, what is loandepot way! Of estimating your mortgage payment industry changes, get the 4-1-1 on mortgage basics, keep! Over $ 212 billion in loans to date, including home, personal and equity. Disastrous events enables you to be served quickly and easily is our top priority amount... The terms for my loan creating a straightforward mortgage experience that meets—and exceeds—your expectations Mae...