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Money & Insurance

loanDepot

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194 reviews

4.0194 reviews
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About loanDepot

Data updated
Website
loandepot.com
Category
Money & Insurance
Location
United States
Status
Unclaimed
Last 12 months
194 reviews
Replies to negative
98% (45/46)
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About this business

Now in its second decade, loanDepot is a mortgage industry leader dedicated to creating seamless borrower experiences through its proprietary mello™ technology and mello smartloan™, the industry’s first end-to-end digital mortgage. An innovator since its inception, loanDepot continues to disrupt the lending industry with its focus on technology to deliver personalized experiences to its customers. The Company has funded over $212 billion since its founding in 2010, and currently ranks as the second largest nonbank lender and one of the leading retail mortgage lenders in the U.S. NMLS #174457

Is loanDepot legit?

loanDepot (loandepot.com) has a 4.0 out of 5 rating on OK.one, based on 194 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 20% of reviews are 1 star, a relatively high share; The business has replied to 98% of negative reviews; Reviews mostly discuss Customer service, User experience. Last updated 2026-09-05.

What reviewers say

AI generated

Reviewers had a great experience with this company. Customers frequently praise the dedicated staff for being exceptionally helpful, knowledgeable, and responsive throughout the entire loaning process. People deeply appreciate the smooth, well-organized journey, noting that communication remains consistently clear and entirely stress-free from start to finish. Consumers find that representatives go well above and beyond to secure the best possible rates and deliver timely assistance. However, some customers also noted occasional issues with communication delays, paperwork complexities, and unresponsive representatives during their applications. A few people were truly unhappy with persistent phone calls, unhelpful customer service interactions, and inflexible underwriting rules.

Auto-generated from all reviews of this business. For reference only.

What people say

The whole crew was professional,very…

The whole crew was professional,very responsive and knowledgeable.The ladies went above and beyond especially kassidy. Christy made the process as painless as possible. Overall the whole process was a breeze. Thank you to Chris, Jessica, Christy and especially kassidy for always checking in and updating my wife.

Reply from loanDepot2026-06-08

Hi Andre! We are thrilled that you had great experience with us and appreciate the time you took to share. Please keep loanDepot in mind for any future lending needs.

R
Richard Pooley · 3 reviews · Experienced 2026-06-06 ·

Loan Depot called me many times asking…

Loan Depot called me many times asking if I needed a loan. After six calls that I did not answer. I answered the seventh call. I told them that I was not looking for a loan. Before I could finish the sentence the girl hung up on me. No thank you for calling, no if you need one call us back. Nothing just in a very rude way hung up on me. THIS IS PROBABLY AN INDICATION AS TO HOW THEY OPERATE. DO NOT WASTE YOUR TIME CALLING LOAN DEPOT!

Reply from loanDepot2026-06-08

Hi Richard – 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].

T
Tywone Tyson · 1 review · Experienced 2026-06-01 ·

Home sweet home 😍

Closing lol

Reply from loanDepot2026-06-08

Thank you for your feedback Tywone!

My wife and I applied for a heloc…

My wife and I applied for a heloc loan.Our Agent Nicole DeSimone was very helpful and attentive to our needs .My wife and I are not at All tech savvy. Nicole was extremely patient and made herself available for each and every one of our probably crazy questions. Nicole also identified that we were paying way too much hone insurance on our mortgage and street us an Ins Broker that really helped us with this an going forward with our new condo. Nicole is a real asset to your company and a real professional, Thank you Nicole ! Our Quorum contract agent Patricia Ragland guided us through the process with great care and professionalism.As we hope to pay off our Heloc as soon as possible and not have to borrow any large amounts of money again (we're in our 70s we will without a doubt recommend loan depot to anyone we know who may need your services

Reply from loanDepot2026-06-05

Hi Frank! 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.

Our experience with Loan Depot was… exceptional

Our experience with Loan Depot was great because of our loan consultant, Carlie Jensen. She went beyond customer service; she genuinely invested in helping us achieve the best outcome. Even when there were three different hiccups on our end, she was fully committed to getting us the house we needed.

Reply from loanDepot2026-06-05

Hi William and Shelley! Thank you for the kind words. We’re so happy to hear that you had a great experience with Carlie and loanDepot. If you need anything in the future, please let us know. We appreciate your business!

C
CWtwoSAD · 2 reviews · Experienced 2026-05-11 ·

From the original person I spoke to the…

From the original person I spoke to the very end, the process was professionally handled. I appreciated being contacted at every step. More importantly, I appreciated being able to contact them with any questions.

Reply from loanDepot2026-06-05

Thank you for sharing your experience! We’re so glad to hear that your loan process was handled professionally from start to finish. Keeping you informed and being available to answer your questions every step of the way is exactly the level of service we aim to provide. We truly appreciate your trust in loanDepot!

c
customer Milton · 2 reviews · Experienced 2026-05-20 ·

Change my life

Change my life The agent was very helpful and professional in guiding me through the process I would recommend him (Jacob Rose) to anyone

Reply from loanDepot2026-06-05

Hi Milton! Thank you for sharing this positive experience. We are here for you if you have any questions or future financial needs.

M
Maureen Siman · 1 review · Experienced 2026-04-24 ·

Our experience was flawless

Our experience was flawless. Fran Conte was an attentive, careful and thorough loan agent and we were totally satisfied with the entire experience.

Reply from loanDepot2026-06-05

Hi Maureen! Thank you for sharing your great experience with us. We will share your kind words with Fran. Please keep us in mind for any future lending needs.

S
Scott McGrew · 2 reviews · Experienced 2026-06-05 ·

The process was orderly and efficient…

The process was orderly and efficient with no surprises. Closure with funding took less than 30 days.

Reply from loanDepot2026-06-05

Hi Scott! We appreciate your business and look forward to servicing your future lending needs. Please feel free to reach out to our team if you ever need assistance.

J
JOSE CARLOS RODRIGUEZ · 1 review · Experienced 2026-05-10 ·

It was a great experience

It was a great experience, the attentions from Kristian Mirabile and Trina Woulard were exceptional. Many thanks for their help. Overall, the whole experience was very smooth, and efficiently handled, a pleasure to have been "in their hands". J C RODRIGUEZ

Reply from loanDepot2026-06-08

Hi Jose Carlos! We appreciate the feedback and are glad to hear that you had a great experience with our team. If you need anything in the future, please let us know.

T
TIMOTHY COYLE · 2 reviews · Experienced 2026-04-28 ·

They were all extremely helpful

They were all extremely helpful and diligent to get me a loan. In addition they were very responsive during the loan process and approval. The loan document storage on line does need some explanation though.

Reply from loanDepot2026-06-08

Hi Timothy! Thank you for taking the time to leave a review regarding your experience with our team. We look forward to being your lender of choice for any future lending needs.

K
Kenneth Katzenberger · 1 review · Experienced 2026-04-22 ·

KDK loan depot

Loan documents were completed incorrectly by Loan Depot, and not corrected prior to Loan closing.

Reply from loanDepot2026-06-05

Hi Kenneth -- Thank you for taking the time to leave a review. Please connect with our Customer Care team at 888-337-6888 (x6789) or [email protected] and we will do our best to help resolve the issue.

K
Ken V · 23 reviews · Experienced 2026-05-09 ·

Quality Service

The speed, accuracy, and communications concerning the process and final outcome was exceptional. The staff were amazing and professional.

Reply from loanDepot2026-06-05

Hi Ken! 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.

M
Michelle · 2 reviews · Experienced 2026-05-04 ·

They kept in touch every step of the…

They kept in touch every step of the way!!! Answered every question and helped us determine what was best. Walked us through every step I will do business with them again!

Reply from loanDepot2026-06-05

Hi Michelle! 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.

J
John Braun · 9 reviews · Experienced 2026-04-29 ·

The loan application and process.

The loan application and process was relatively easy compared to other home loans I have applied for in the past.

Reply from loanDepot2026-06-05

Hi John! 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.

R
Ralph Ortiz · 2 reviews · Experienced 2026-04-25 ·

A VA Interference with the IRRL Process

I have been generally pleased throughout my entire association with Loan Depot. The personnel who worked with me displayed wonderful professionalism and personal assistance efforts throughout my recent disastrous Loan Depot refinance. I say disastrous, because of the way things played out. Back in Summer 2025, I did a VA cash out refi, taking on a higher interest rate (over 6+% compared to 2+% that I had at the time) and heightened principal because I needed the cash out. At the time, I was informed that after the prescribed amount of time, I could receive an IRRL, with a probable lower interest rate, and having the expected features below: No Appraisal Required: No Cash Out Minimal Documentation Lower VA Funding Fee Roll in Closing Costs My hope was to seriously reduce my PITI. When the time came, I contacted the previously most helpful Loan Depot loan officer and we started the process of finding the right loan. Mr. Josh Cantu found a great 5-year ARM with an interest rate of only slightly more than 3% to begin. This was ideal, since I was planning on selling this property before the rate adjustment. As we started the application process, the VA caused a DRIVE-BY APPRAISAL to be conducted!! Why?!! The comparables used by the appraiser were totally wrong, not even the same size as my property, and of much lower value. Further, the drive-by could not have included the property upgrades I have installed. We appealed, furnishing much more proper and realistic comparables, but VA denied the appeal. The net result was I had to take a new refi instead of an IRRL, with a higher principal, the usual VA Funding Fee, a higher interest rate, and a NET REDUCTION IN PITI OF APPROXIMATELY ONLY $100.00! All that grief for virtually NOTHING.

Reply from loanDepot2026-06-08

Hi Ralph -- Thank you for sharing your experience. If you would, please reach out to our Customer Care team at 888-337-6888 (x6789) or [email protected]. We’d like to hear more.

M
Marcos Holguin · 1 review · Experienced 2026-05-01 ·

Both agents i worked with were…

Both agents i worked with were extremely helpful and responsive. Cory and Melody

Reply from loanDepot2026-06-05

Hi Marcos! Thank you for the kind words. We’re so happy to hear that you had a great experience with Cory and Melody. If you need anything in the future, please let us know. We appreciate your business!

C
Cal · 3 reviews · Experienced 2026-05-08 ·

This being my third time using this…

This being my third time using this company, the rating should have been a 5 star. It would have been five stars if someone had not dropped the ball. I did an IRRRL which should not have taken as long as it did, especially since this company already was servicing my current loan. The delays caused me to pay more in interest (3.99%) instead of the 3.85% when I initiated the loan. It doesn't sound like much but consider over the life of the loan. Why did it take me having to write to the supervisor before things started moving again? This should not have happened!

Reply from loanDepot2026-06-05

Hi Cal – We appreciate customer feedback that helps improve our service. Please reach out to our Customer Care team at 888-337-6888 (x6789) or [email protected] if you would like to discuss the matter further.

J
Joe · 3 reviews · Experienced 2026-05-15 ·

The whole process was seemless and the…

The whole process was seemless and the whole staff went above and beyound esp Steven Balbi, who always took the lead to get whatever was needed to help us save time.

Reply from loanDepot2026-06-05

Hi Joe! Thank you for taking the time to leave a review regarding your experience with our team. We look forward to being your lender of choice for any future lending needs.

A
Al · 3 reviews · Experienced 2026-05-01 ·

Amazing staff

Reply from loanDepot2026-06-05

Thank you for your feedback!

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