www.loandepot.com

LoanDepot Reviews

Good rating
3.8
5921 reviews Verified
%title%

%offer%

Reviews ( 2258 ) 3.8

Credit Karma Member
Credit Karma Member
2024.07.01
Loan depot data security problem Never give your information to this mortgage lender. Trust me!. Because of their data security problem. Now, i receiving a dozen of letter from different bank of failure credited application. Someone use my information to apply for many credit card as they can. Lucky that they are not successful because of lacking of some of my important information.
Credit Karma Member
Credit Karma Member
2024.06.26
No communication, atrocious service They do not communicate. Stay far away from them. Pathetic mortgage company
Diana Lawrence
2024.06.24 2024.06.24 | United States
Bait and Switch from the loan officer. Bait and Switch. They sold us on how their company is so great we could refinance our house and not pay the loan origination fee again in a year. We closed in early May 2024, not even three weeks later we had a letter saying they transferred (sold) the loan to another lender. We asked a lot of questions regarding that because that happened to us a long time ago and I did not want it to happen again. My husband and I were told they do not do that practice. They do, I now have looked at their almost 50% rate of selling mortgages. I should have looked before. We do not have bad credit, paid the 25% down etc. I feel duped.

Date of experience: 29 May, 2024
Credit Karma Member
Credit Karma Member
2024.06.22
Pushy and untrustworthy The person we talked to was very pushy even though he kept saying that he doesn’t want to be pushy. Then we received a mostly filled out loan application in the mail with all of our sensitive personal information on it and he even hard pulled our credit after I told the agent that I didn’t want him to. He assured me he wouldn’t but did anyway. I have never such a negative experience with a lender and this experience has ensured that I will never use loandepot in the future and will steer people away.
Credit Karma Member
Credit Karma Member
2024.06.17
Rude sales reps. Even if I was shopping for a new loan o would not use this company. They call multiple times and when I tell them I’m not interested they just hang up. Horrible customer representatives. As someone in sales this looks very rude and unprofessional. No thank you!
Michelle
Michelle
2024.06.13
The salesman on the phone insisted that I accept the offered loan. When I told him I wanted to wait and decide later, he kept pressuring me to take the offer, which was a red flag. I was also annoyed that he tried to "push" me into a decision I wasn't ready to make.
Credit Karma Member
Credit Karma Member
2024.06.06
Bad experience For a team of “professionals” they really do lack many things. Communication between themselves and the client is the main. Expected more, wouldn’t chose them again.
Credit Karma Member
Credit Karma Member
2024.05.23
Loan Depot Chris Hibbings is EXCEPTIONAL I recently had the pleasure of working with Chris Hibbings and his incredible team for my home loan, and I cannot express enough gratitude for their exceptional service. From start to finish, Chris and his team went above and beyond to ensure a smooth and successful process. Their professionalism, expertise, and attention to detail were evident throughout the entire journey. They guided me every step of the way, answering all my questions and addressing any concerns promptly and thoroughly. Their knowledge of the industry and dedication to their clients is truly commendable. Chris and his team's commitment to excellence and personalized approach made me feel valued as a client. They took the time to understand my unique needs and tailored their services accordingly, resulting in a loan package that was perfect for me. Their level of care and commitment is a rare find in today's fast-paced world. I highly recommend Chris Hibbings and his team to anyone in need of a home loan. Their expertise, professionalism, and genuine care for their clients make them stand out from the rest. If you're looking for a seamless and stress-free home loan experience, look no further. Thank you, Chris Hibbings, and your fantastic team, for your outstanding service and for seeing me through to the finish line. You have exceeded my expectations, and I am grateful for your hard work and dedication.
Credit Karma Member
Credit Karma Member
2024.05.11
HELOC Loan Chris Tryfon was great helping me with a HELOC. They work very hard to get you what you need.
Credit Karma Member
Credit Karma Member
2024.05.11
Exceptional customer service Very easy to work with. Great communication with us every step of the way.
Credit Karma Member
Credit Karma Member
2024.05.03
Loan Depot caused my personal information to be on the dark web This company is extremely corrupt and unprofessional. My personal data, social security and financial information was purchased by Loan Depot from a third party - I have never been a customer. Loan Depot then had a data breach and my information ended up on the dark web. I have had to contact Loan Depot multiple times to try to get more information about my situation, and they refuse to help me. Their customer service team is completely incompetent, and their "specialists" are con artists. I would stay away from this company if you're able to. Unfortunately, I wasn't able to do that since they illegally bought and sold my information.
Credit Karma Member
Credit Karma Member
2024.05.02
No integrity. there needs to be a choice for 0. Loan Depot has a loan officer named Dre Torres that took advantage of our ignorance about home loans and escrow fees. We trusted that he would do his job and guide us to a successful escrow. He put us into a situation that we could not afford by making us believe that the title money was less than what it was in actuality. We are falling out of escrow. We have already refinanced to “afford” the down on this escrow, that we can’t afford. Why would you put trusted customers in this position? Shame on Loan depot for allowing this loan officer to continue. We
Credit Karma Member
Credit Karma Member
2024.04.25
Raspberry They will tell you anything to get you to refinance their mail notifications never show your latest payments and when I call it seems like no one knows a thing about why they have raised my payment.
Credit Karma Member
Credit Karma Member
2024.04.20
Don’t waste your time Place is a absolute joke.They are really nice and very thorough at first.And then the wheels will come off.My Loan Officer Kevin in Patchogue Long Island would never call when he said.Never give updates.And everything takes 4 Eva with them.At the end couldn’t get a loan with them with a 790 credit score and a 90000 down payment on a 385000 home.I couldn’t believe it Went to another lender and not only approved quickly it already in funding phase.Dont use this garbage company Ended up getting my pap
Matt
Matt
2024.04.13
Loan Depot called me this morning based on some information I filled out on lending tree. The call transpired as such: cold caller asked me about type of load I was looking for, and all of the basic details (how much, value of property, any deficiencies, etc..) then gets the “loan officer” (more like salesman) on the phone. This guy proceeds to ask me the same questions as the first guy. What’s the damn point of talking to the first guy? Wasting my time. After explaining my inquiry, AGAIN, the gentleman then tries to sell me a refinance mortgage (an easy search of my property would tell you I bought 3 years ago when rates were Pennies on the dollar) which I had already explained to the First Gentleman, was not anything I would be interested in. He then went on to tell me I’ve never done this and I therefore have no idea what I was talking about and I should listen to him. Well that was it for me. I let the salesman know I wouldn’t speak with him if he was going to be demeaning, he said god bless your heart and hung up.
Credit Karma Member
Credit Karma Member
2024.04.08
Terrible company Giving one star because there is no option for 0. I regret using this company for my mortgage more and more each day. They are quite literally the worst and most unprofessional company I’ve ever dealt with. None of their employees know what they are doing and can never give you a straight answer. They flat out lie and when you call them out on it they blame everyone under the sun. Worst lender ever. My advise would be to run away as fast as you can.
Credit Karma Member
Credit Karma Member
2024.03.24
Less than professional is putting it mildly. LoanDepot had a data breach and was mandated by law to provide identity protection to the victims. They then refused to provide the service, distributing fake activation codes via both mail and their own support agents. The Experian service they claimed they had contracted for would not honor these. The LoanDepot support personnel had apparently been given the false codes to distribute, to find this out when people like myself complained - and then my support requests to them started to go into a "black hole" - no responses. I had to buy my own identity protection as a result of their lacking IT security. Given they lacked integrity in this regard, I'd have to assume doing business with them is a bad idea.
Credit Karma Member
Credit Karma Member
2024.03.24
loan Depot does not care about your personal information These people are terrible. I never got a loan from them. Someone illeglaly tried to apply for a mortgage in 2020 via LendingTree. Lending Tree shared my info with loanDepot. loan Depot had a databreach and they refuse to delete my information. They claim the federal government requires them to keep the information for 7 years, which is a lie after I looked up the legislation. They told me it was company policy. Then they told me it was not their database and it was a shared database with Lending Tree - but they still won't delete my information. I never asked Lending Tree or loan Depot for my business.
Jerry
Jerry
2024.03.21
Mistakes were made, my escrow changed and I didn't change my bill pay at the bank (because they can't seem to turn mine on). So they cash my check, use my money, then mail me a check from them to pay me back my short pay and then tell me to send them another check for new amount and pay them 93 dollars for paying them late. When I called them, because this happened last time they changed escrow, now I'm told that they changed their policy and can't waive that. They were good enough to not of course let me know that till it was too late. They are unapologetic, do not care, and customer service just tries to put you on hold until you give up, then if you ask for a boss, they talk in circles till you give up.
Y. S.
Y. S.
2024.03.20
My husband and I were thinking of refinancing our home. On 03/04/2024 We spoke to a Mr. **. After an hour or so he stated we had to pay 25.00 to lock in the rate, and 495.00 for appraisal. We paid the 25.00 with debit card and he would take out the 495.00 on 03/10/2024. After my husband and I discussed it further we decided refinancing wasn't the way to go at this time. On 03/05/2024 my husband contacted Mr. ** and stopped all process for a refinance. We still had messages from Loan Depot trying to get us to go forward, which my husband very politely declined. On 03/13/2024 we were unable to get cash out of the account due to a negative bal, which was because loanDepot took out 495.00 for the appraisal which made us overdraw and have several large fees making the account more negative. We have talked to several people in customer service, which is a waste of time. So were out 515.00 +nsf fees. Supposedly they are suppose to refund it which we have not seen yet. So don't even give them any second of your time. Not worth the Headache!!!!