loanDepot Reviews
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Michael Chang5Gary Acha is the best - prompt, always available, responds quickly, knowledgeable and delivers on his promises. This is the 6th mortgage or refi he has done for me. Carol, his assistant, is also wonderful.
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Krstin1Maritza Camarena nmls#49997 continues to text me about cash out refi. I have nothing to do with this company. The text even star out as “Hi, Elizabeth!” NOT MY NAME! I responded to her and the company to not contact me again. What do you know… the text keep coming.
Response from the ownerHi Krstin – We appreciate you for bringing this matter to our attention. Please contact our Customer Care team at 888-337-6888 (x6789) or [email protected] so that we can try to resolve your concern.
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Nazli E5Jason Kong worked endlessly to make sure my loan closed on time. He was efficient, great communicator, respectful, friendly, and took care of all of the work for me. He made my list of things to do easy to understand and walked me through the process in a way that’s easy for someone not in then industry to understand. He made it possible to close my loan in 20 days!! Highly recommend.
Response from the ownerHi Nazli E! We are happy to hear that Team loanDepot was able to exceed your expectations. We take being your lender of choice very seriously and look forward to working with you again in the future.
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Jonathan Ubovich5Loan Depot helped get us a great mortgage and was essential throughout the process. We worked with Shila C. and she was amazing! From the very beginning she spent much time on the phone with us explaining the process, informing us of different loan programs, and answering any question we had along the way. We so appreciated how responsive she was, her professionalism, and knowledge! In the end, Loan Depot got our loan closed in less time than our 21 day escrow! Highly recommend and would use them again.
Response from the ownerHi Jonathan Ubovich! Thanks for sharing your story with us. We are so glad you had a great experience with loanDepot. Please keep us in mind for any of your future financial needs.
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Robert Vanderschraaf5EVERYTHING was done well, from the speed of service, the level of communication, the quality of answers given, and, especially, the incredibly professional attitude of everyone involved. If there was an option of 11 for my ratings, I would take it without hesitation. We love Loan Depot!
Response from the ownerHi Robert Vanderschraaf! We appreciate the positive feedback and look forward to servicing your future lending needs. Please feel free to reach out to our team if you ever need assistance.
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Cindy Holcomb5Jonathan Aguilar is so personable, competent, professional and without a doubt knowledgeable in his craft. He knew every detail of my loan and could help or answer any issue or question at any time and was extremely efficient. Rarely do you come across individuals that not only exceed expectations ,but that you are left thinking you just did business with an elite company that provides stellar service. I will definitely be sending many customers his way. Thank you again!
Response from the ownerHi Cindy Holcomb! We appreciate the positive feedback and look forward to servicing your future lending needs. Please feel free to reach out to our team if you ever need assistance.
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Richard Dorsey1Steve Spriggs was great in loan initiation. However, things went down-hill after that... 1. Mortgage statement for Nov payment wasn't received. 2. Check for said payment, mailed on Oct 24 was never posted as of Nov 5. 3. We still cannot access website without a "service number", which no one we contacted by telephone (total 3 hours) was able to provide. 4. Loan number given us started with digit 6, which apparently was erroneous, and unrecognized by any phone staffer.
Response from the ownerHi Richard – Thank you for this review. Your experience is important to us and we take your concerns very seriously. Please reach out to our Customer Care team at 888-337-6888 (x6789) or [email protected].
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Annette Hendricks5Went through one of the online apps for multiple mortgage companies. A few called us back and Marc Owens from Loan Depot was far and above the rest. (others seemed like they were doing a hard sell, whereas Owens actually provided us with information to guide us ) I highly recommend him.
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Rebecca Monroy1Would not recommend. Curtis Snell called me and was very pushy yet he would not run my situation into the computer to run numbers like all other lenders would prior to applying. He said he had the lowest rates and can beat anyone. I told him my DTI was just under 50% and only with the tax reassessment exclusion as the tax rate would not increase after closing. He refused to tell me their DTI requirement but he did tell me the taxes shouldn’t be a problem and pushed me to apply. He told me rates were as low as 3.625% but I needed to apply to see if I qualify for that rate. Out of all 8 lenders I applied with this was the only one that denied me due to DTI and it was because they wouldn’t accept that my property taxes would not go up due to an exclusion that I qualified for. Such a waste of my time and so disappointing. Every time I’d check Zillow or Bank Rate or Lending Tree their rates were more in the 4%s so I’m not sure why he said they were in the 3.625%s. I am extremely upset I ran my credit here as I was out of the timeframe allowed to shop rates but was enticed by the supposed 3.625%. If he had been truthful that his company wouldn’t use the current tax rate then I would have never applied because I would have known I would be over 50% dti that would likely disqualify me for the loan amount I needed. Very communicative before you apply. Once I ran into the tax issue he gave up and became unresponsive.
Response from the ownerHi Rebecca Monroy -- Thank you for sharing your experience. If you would, please reach out to our Customer Care team at 888-337-6888 (x6789) or [email protected]. We’d like to hear more.
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Justin M5Ralph and Carol are incredibly communicative, and thorough. The both take the time to educate, and explain everything along the way.
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FAQs
1. How Can I Contact loanDepot?
You may contact them at the phone number +1 949-705-0550. You may also visit their website and submit your personal info.3. How Do I Apply for A Loan at loanDepot?
Simply submit your personal info on their website. If you feel like learning about other financial services, take a look at online installment loans provided through a reliable online broker.5. What Do I Do if I Fail to Pay Back My Loan?
Reach out to the lender and work out favorable terms for both parties in advance. You should know, however, if it"s a title loan, your vehicle will be took by the lender when you default.
2. What Is the Location of loanDepot? How Can I Go There?
The address of loanDepot is 1301 Dove St #101, Newport Beach, CA 92660, United States. Use an online map to find the fastest route.4. Is loanDepot an Agency or a Lender?
loanDepot is a Mortgage lender that has various financial services to offer. Visit our website to learn about various types of loans including high-approval-rate personal loans.6. Can I Take Out a Loan From loanDepot With A Poor Credit Rating?
Yes, you can. But pore over the offers as there can be predatory terms when it comes to bad credit loans.