The Mortgage Banker at LoanDepot has been great to work with. He is very on
top of things. This is the second time I have worked with LoanDepot and I would HIGHLY recommend them for your home purchase or refi.
We originally refinanced with Loan Depot about 2-3 years ago. When the rates went down
they contacted us with a great offer. They lowered our rate at no cost to us, our mortgage will be paid off sooner, and we even received money back at closing because the closing cost credits were higher than the actual closing costs.
The loan process went great, but then they lost our first payment and then the
trouble began. After 1 1/2 years of calling and fighting through the automated phone system the company sold our loan to another company. We never got resolution on the first payment even though my bank sent verification and copies to them three times. Getting through the phone prompts to talk to a live representative is a nightmare and then you can never talk to the same person and have to start all over with problem. Any savings we may have initially received through LoanDepot was negated by the lost payment that we had to re-pay to avoid the loan default process.
They were very condescending. Asked me how I can know how much I am
paying now if I do not tell him the amount I am paying now. Leave that part to me. Thanks
Loan Depo's so called lisenced brokers are deceptive and fraudulent. They will force you to
pull your credit score and then give you a rate with huge fees. Despite your telling them that you were getting a no better rate they would Luke to you and pull your score that damages your score.
I will never deal with with. The person who called me was named Dominic.