Attempts at a good culture Decent benefits that we can use
Bad new hires Slow development process Upper management is awful
TC: $450k Has anyone worked with them for a mortgage or refinance ? I’m looking to Refi my home in the Bay Area and they were recommended by Lending Tree. 2.99% APR, fixed 30 year with $4k in closing costs seems competitive compared to Wells Fargo and BofA who want ~$20k in closing costs for the s...Read more
I see loan depot valuation at 8B with recent IPO and better.com at 4b(pre ipo). How is better.com different from loandepot and how are financially difference in both companies, market share difference, and revenue, growth opportunities different from both of them, please enlighten thank s #tech #be...Read more
Hi All, anyone did mortgage refi with LoanDepot and can share the experience. How does it compare with big banks like Chase assuming interest rates are same. I hear smaller companies keep resaling the loan, can that be a hassle?
I have been looking for mortgage around Seattle. Loandepot(LD) initially offered with 2.625% with credit towards closing cost and 2.5 with points costing 2.2k for conforming high balance (741k) with around 6% down. I got match for 2.625 with Wells Fargo(WF). Going back to loandepot they gave offer...Read more
Has anyone tried using LoanDepot or quicken loans for refinancing their mortgage ? How was the expereince and are they legit ? Any pros and cons that we need to aware of ? #mortgage #housing
Anyone have experience with offer negotiation with loan depot? I got a verbal yes, waiting for numbers now. Current TC: 140#engineering
My husband and I are looking to buy a home in the SF Bay Area peninsula. Our budget is around 1.25M and we received a preapproval from LoanDepot. But now, my agent is telling me LoanDepot preapproval are taken less seriously than traditional banks and that could put us at a disadvantageous . I have...Read more
I have one mortgage refinance request in-progress with loan depot. The loan is approved but the loan processor is not scheduling the closing date. And the closing date has passed. The frustrating part is they do not reply either to email or call. Anyone has faced this ? What to do ? Again I do not ...Read more
Heard some crazy stories about them messing up the payments they get from us. Also bad customer service all the time. I am trying to refi with them in the bay area. Any help is appreciated #mortgage #housing #sanfrancisco #refinancing
Anyone have experience with loan depot? I emailed/called the person handling my loan, but no reply. My loan is funded, I see on the disclosure, "Payoffs and Payments", there is a line for "Principal Reduction to BORROWER" which is about 1k. I expect my that amount to be deducted from my loan amount...Read more
Hi all, Being quoted better rates online compared to banks, like 2.875 no fees/closing/points 30 yr. Amerisave has a non refundable fee $500 Loan depot rep was eager to proceed Mutual of Omaha has fees for 2.75, but guessing they will be waived (or zero at 2.875) Banks quoting 3.5 Anyone have e...Read more
#mortgage #housing Hi folks, Loan is approved and about to close on the house. But LoanDepot is asking to pay monthly property tax into escrow account. I would rather invest that money and pay property tax directly to the county twice a year. Is there a way this can be changed so that I pay direc...Read more
Hi all, I’m getting 2.75% for 30 year fixed with closing cost covered by lender (Loandepot). So far, checked with better.com, owning.com. Better.com was able to match, but i’ll continue with loandepot and thinking of locking tmrw. Is there a chance any other lender can beat this? #mortgage #refina...Read more
I was offered 2.375% mortgage rate with zero closing cost by Loandepot but i could not lock it because my application was already pending with the other officer from Loandepot due to very slow process, is there any other lending company can offer this rate in current market with following scenario....Read more
I have refinance estimate from chase and loan depot and both are giving the same offer. Loandepot gave the offer first and chase matched it. My current loan is with chase so it makes sense to go ahead with chase but I feel bad that I am disregarding the effort of the person at loandepot. I also feel...Read more
Frustrated I missed affirm last month and then loanDepot again this week.
2.5% . 1000$ closing costs after credits. 30 yr fixed. LTV 74% Loan amount 740k LoanDepot Deal or no deal?
Are loanDepot and quicken loans legit? Any downsides to refinancing with them vs other known banks ? What are the mortgage rates like?
Refinancing investment property. Getting $2200 in lender credit from loandepot, is it legitimate? Also, getting home appraisal waived. Any red flags to watch out? I heard some lenders waive them and at loan closing process they say sorry can't be done. Has anyone experience this? Any experience wit...Read more
Got a quote for 2.375 30 years fixed with loandepot. Heard bad reviews with them. Any one tried refinancing with them? Or in general howz refinance rates now. #mortgage #housing