Useful. loanDepot is committed to assisting our customers who have been impacted by the coronavirus (COVID-19). Best decision we ever made was going with loanDepot, they are the best. 6. 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. ", Jessica R. It offers a range of consumer credit products, such as home loan products, home equity loans, unsecured personal … The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. Since launching, it has become the fifth largest retail mortgage lender in the US and the second largest nonbank loan originator, funding over $248 billion in mortgage products. On adjustable-rate loans, interest rates are subject to potential increases over the life of the loan, once the initial fixed-rate period expires. I was looking for a 15yr fixed rate loan to replace my 30yr ARM. Click here to learn more. Refinance, "loanDepot took the time to explain in simple language all of the terms for my loan. 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. The Guarantee may only be used by submitting an application directly to loanDepot. LoanDepot.com. It is reportedly the second largest non-bank provider of direct-to-consumer loans in the United States. loanDepot, Foothill Ranch. A top-10 lender in refinance loan volume, loanDepot also offers a variety of purchase and renovation home loans. Reply. Our goal is to provide you with an exceptional level of care as we assist you in achieving your financial goals. Since launching in 2010, loanDepot has become the second-largest non-bank consumer lender and the fifth largest retail mortgage originator. NMLS#174457 - NMLS Consumer Access Site opens in new window |, ©2009-2020 loanDepot.com, LLC   all rights reserved. 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. We may be national in scope, but we’re very local in our approach. They were also able to give me a personal loan. Hi Tiffany – We apologize that your experience was not satisfactory and would like to learn more. 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. Individuals pictured may not be that of the endorsers and is for display purposes only. 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. Delivering a digital mortgage experience that enables you to be served quickly and easily is our top priority. Please contact one of our Licensed Lending Officers at (888) 983-3240 for a customized rate and payment quote. Catch the latest industry changes, get the 4-1-1 on mortgage basics, and keep up with the latest news from loanDepot and partners. “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.). Great service is just around the corner. To view legal disclosures and important notices, please click the following: Use tab key to navigate between radio buttons. loanDepot Employee Reviews - Q3 2018 - Duration: 1:15. Please contact one of our Licensed Lending Officers at (888) 983-3240 for a customized rate and payment quote. Very sloppy work and many errors. On adjustable-rate loans, interest rates are subject to potential increases over the life of the loan, once the initial fixed-rate period expires. Find out if you're approved in a matter of minutes! ", Mark S. Though it’s newer than most mortgage companies (it was created in 2010), loanDepot is already the nation’s fourth-biggest direct mortgage lender. While the situation is fluid and fast-moving, we are actively monitoring available information that could impact our customers, as we continue to … Applying for a mortgage shouldn't be complicated. A free inside look at company reviews and salaries posted anonymously by employees. (Points include any origination, discount and lender fees.) ", Merry B. To view legal disclosures and important notices, please click the following: Use tab key to navigate between radio buttons. ", Steven M. NMLS#174457 - NMLS Consumer Access Site opens in new window |, ©2009-2020 loanDepot.com, LLC   all rights reserved. 1,084 loanDepot reviews. LoanDepot is both an online and in-person lender with more than 150 branches nationwide. Founded in 2010, LoanDepot enables borrowers to secure mortgages entirely with digital documentation, its website shows. Please contact the employer to … loanDepot is committed to assisting our customers who have been affected by the recent disastrous events. loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae. Description. loanDepot.com, LLC, NMLS # 174457. The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. “Lender fees” do not include discount points associated with the loan transaction. 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. They listened and helped us even though we were working with another lender.". loanDepot, Inc. provides mortgage and non-mortgage loan products. Your confidence in us and satisfaction with our service are at the heart of everything we do. Our company’s growth reflects the success of our customer-centric approach. LoanDepot Mortgage Review: Is It The Right Mortgage For You? Testimonial disclosure — Compensation was not paid in exchange for any testimonial on this site. Time to refinance? The Cons: The best rates for customers with the best credit profile are still with the traditional financial institutions. 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 }}. LoanDepot CEO Anthony Hsieh tells Employees To Quit Whining And Complaining. “Lender fees” do not include discount points associated with the loan transaction. The Guarantee may only be used by submitting an application directly to loanDepot. 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. The Guarantee may only be used by submitting an application directly to loanDepot. The borrower’s ability to qualify for a future loan will be subject to the loan program terms and conditions available at that time. You've already flagged this Reply from loanDepot. Everyone I dealt with was very kind. The company uses mello smartloan technology to … ", Jenifer P. 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. Click below for more information on how we can help. We are closely monitoring the latest reports from the Centers for Disease Control (CDC) about COVID-19 and are taking every step we can to ensure the wellness of our customers, employees, and communities. 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 or LoanDepot.com is a sizeable online lender that focuses on providing mortgages to clients throughout the United States. Now that’s SMART! LoanDepot Mortgage, Therefore, they have access to financial documents … Headquartered in … For Guarantees issued on or after January 1, 2019, the Guarantee may not be redeemed within 12 calendar months of the Date Issued. 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. Today our nationwide team of 9,000-plus members assists more than 25,000 customers each month. 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. The company has funded over $212 billion in loans, which it … In just minutes, we’ll be able to tell you how much you can save in time and money on your loan. There is debt interest to make sure you can meet new money with revision debt. 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. Refinance, "I received great service from loanDepot. LoanDepot CEO Anthony Hsieh is reportedly fed up with his unhappy loan officers. LoanDepot overview. 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. The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. Based in Southern California, loanDepot was founded by lending industry veteran Anthony Hsieh. The paperwork was all electronic and all my questions were answered in minutes. 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. For Guarantees issued on or after January 1, 2019, the Guarantee may not be redeemed within 12 calendar months of the Date Issued. With more than $ 165 billion in loans to date, including home, personal home! Q & a posted on Indeed, LLC all rights reserved for my loan financial... My loan { productKicker } } of { { productKicker } }: { { productKicker }.. Of 9,000-plus members assists more than 25,000 customers each month resources to make Buying your home quick and!. A Foothill Ranch, CA with retail, consumer direct, retail and wholesale business channels numerous. Very local in our approach support number numerous times and was left on for... 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