loanDepot Reviews
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Tamar Dorissaint5Working with Tammie and Patricia was a smooth process. They were always readily available to answer any questions I had, or got back to me in a timely manner. Both went over and beyond to ensure I was able to close on time.
Response from the ownerHi Tamar Dorissaint! We are happy to hear that you had a great experience with us. Thank you for sharing your story. We are here for you if you have any questions or future financial needs.
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Camilla Zamboni5There was very good communication and clarity. The loan was affordable and everything was explained well. I felt comfortable trusting Robert and his team with one of the most consequential expenses of my life. (refinancing in Connecticut)
Response from the ownerHi Camilla Zamboni! 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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JR Rizzo1Stay away. You will do all the work while Carl answers the phone and gives another excuse . With each call you fall deeper into the unprofessionalism this office represents . I have excellent credit . I called for a refi ( foolishly as I was a previous customer giving Carl business during this pandemic) Carl will pick up the phone but he will push you off on an incompetant employee who will NOT call you back. Called Carl and Mike in August. Was greeted and asked for info which I gave . Credit came back excellent , above average . Was told Mike would call me in 2 days . I waited a week, then called . Carl apologized and said he and Mike would call back . Another week no call. I called Carl. He again apologized and promised to process .... Nothing . Two more weeks and I called Carl. He again made excuses for unprofessionalism and lack of customer respect. He promised they were on it and I would get refi done within a month. Another 2 weeks...nothing. I called back and this time Carl was not only rude but sarcastic . He tried to explain to me I was number 41 on their list and he was servicing number 40.... I asked why he did not state any of this and he responded he was busy. I would like to note I stayed patient only because he was recommended by loan Depot. His response to leading a customer on for so long .... We will get to you you need to be patient . When I asked how much more patient he wanted me to be he rudely reminded me my place in turn was next. If that was not good enough after approx 3 mo " go somewhere else " Who speaks the a customer or tretas them like this ?!?! This is an absolute trash location and Carl is an embarrassment to the industry. I did go else where , got a better rate thanentioned back on day one . The company I used called me daily , did all the paperwork Carl was attempting to get me to do, waived the appraisal cost ( Carl was charging 500fie that )and completed my refi in 34 days !!!!! Stay away from this schemer ... Or watch unprofessional incompetence
Response from the ownerHi Jr Rizzo – 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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Raf Ricci5We've bought a few homes in Essex County, all with loans from Carl at LoanDepot, and the experience has been fantastic. Carl is always available to us via cell phone and has a fantastic team. We also sell real estate in the Montclair area and we have never regretted giving Carl's number to clients. If I had my way he would be the only lender we use. Can't recommend highly enough.
Response from the ownerHi Raf Ricci! 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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Brett Dahmer1Difficult to deal with, unable to get insurance escrow issues resolved. I have spent more time waiting on the phone than getting helped. Usually, it starts with transferring from one location to another without any help... Really showed promise until I signed up with them but I guess that is how it goes...
Response from the ownerHi Brett Dahmer – 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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Cello chicka5Fantastic company, and we will always use them for our loan needs. We recommend them with the highest confidence. Our go to person there is named Jon Whitney. The best!
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Dylan “Dylan” Liu1DO NO GO WITH THEM. I am a first time home buyer. I was shopping around for mortgage rates during February 2017 and was contacted by Mortgage Master. We emailed back and forth a few times (3-4) for some general questions, nothing specific about my case. I was then asked for "agreement of sale", DL, bank statement and W2 on February 23rd 2016. Then it went silent. I thought it was dead end. On March 1st, a different agent asked me again for DL, pay stub, W2 and bank statement. I was busy and I did not reply. Then they pulled my credit without my permission. (They went on asking for permission to pull credit on MARCH 13TH 2017.) On March 2nd, they sent me a huge package asking to sign (34 files tons of pages). Then they went silent again. On the 13th they asked for permission to run credit. They also asked for verification of visa renew and so on. I was not able to provide. (I am a foreigner on a specific visa). I thought we would stop here sadly. I was wrong. I was later approached, without these information, that they approved my application!!??? I later on knew that appraisal was done on 13th!!! I never knew this before. Now they want me to pay for appraisal. During the process I asked many times that I need to know if the underwriter is ok with my visa status, that I don't want appraisal before this. They never get back to me. I finally closed with another bank. A few weeks AFTER the closing, they called me to ask about loan application. I told them the truth. They are not happy. Now they want me to pay for the fees that I did not agree on anyway. Oh by the way, i was contacted by no less than 5 different agents from their office and they are not always on the same page. confusing.
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ebrahim17115Very efficient and professional service. Tammie, Tara, and their team are the best. Just a pleasure working with them.
Response from the ownerHi Ebrahim1711! 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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Miguel Roman5excellent service.. got a great rate and low closing costs
Response from the ownerThank you for your review Miguel. If we can assist in any other way please let us know.
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FAQs
1. How Can I Contact loanDepot?
They Can Be Contacted through the phone number +1 973-785-9400. You may also visit their website and provide your basic information.3. How Can I Take Out A Loan at loanDepot?
Simply provide your basic information on their website. If you feel like learning about other financial services, take a look at high-approval-rate installment loans provided through a popular loan platform.5. What Should I Do if I Fail to Pay Back My Loan?
Contact the lender and work out favorable terms for both parties in advance. You should know, however, if it"s an auto title loan, the vehicle will be kept by the lender when you default.
2. What Is the Location of loanDepot? How Can Find It?
The address of loanDepot is 155 Passaic Ave #300, Fairfield, NJ 07004, United States. Get help from 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 personal loans.6. Can I Get a Loan From loanDepot With Bad Credit?
Yes, you can. But peruse the conditions and terms as there can be predatory terms when it comes to bad credit loans.