How much do loanDepot loan officers make?

Average loanDepot Loan Officer yearly pay in California is approximately $109,717, which is 37% below the national average.

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Hereof, can a loan be denied after closing?

Can a mortgage loan be denied after closing? Though it’s rare, a mortgage can be denied after the borrower signs the closing papers. For example, in some states, the bank can fund the loan after the borrower closes. … This may also happen during a refinance closing because borrowers have a three-day right of rescission.

Also know, how do I request a payoff from loanDepot? The customer is now also able to request a payoff via our automated IVR by calling 866-258-6572 and entering their loan information and selecting option 6 from the main menu. Options for payoff by fax and mail are both available to the customer 24 hours a day.

Moreover, how do I stop loanDepot from calling me?

In the event you no longer want to receive communications from loanDepot, you can opt-out of various contact methods by calling 1-888-337-6888. We will attempt to address your request immediately but it may take up to 10 days for us to process an opt-out request.

How long has LoanDepot been in business?


Is loanDepot a mortgage broker?

loanDepot offers quick closing on mortgages and mortgage refinancing. If you’re looking for a mortgage to purchase or refinance a home, you’ve probably heard of loanDepot, a top 10 mortgage lender that’s in the same league as companies like Bank of America, Chase, and Wells Fargo.

Is LoanDepot federally backed?

LoanDepot mortgage loan types

LoanDepot has a variety of mortgage products: fixed- and adjustable-rate loans for purchases and refinances, jumbo loans and loans backed by the Federal Housing Administration and the Department of Veterans Affairs. … Speaking of refinancing, LoanDepot does a lot of it.

Is loanDepot secure?

loanDepot® values your patronage and protecting your confidential information is a priority. Our policies and procedures reinforce the fact that loanDepot strongly believes in protecting the confidentiality and security of the information we collect about you as a customer, potential customer, or former customer.

Is the loanDepot a reputable company?

Reputation. LoanDepot is accredited by the Better Business Bureau with an A+ rating. Based on more than 3,400 customer reviews on Trustpilot, the lender scores a 3.6 out of five stars.

What is it like to work at loanDepot?

LoanDepot has been good to me. Great management support and great team mates. Mortgage industry is overall stressful no matter what company you work for. Working remotely is great.

What is Mello b2c?

What LOS does loanDepot use?

LoanSphere Empower®

Who is behind loanDepot?

Anthony Hsieh
Type Public
Founder Anthony Hsieh
Headquarters Lake Forest, California , U.S.
Key people Anthony Hsieh (CEO)
Products consumer mortgages, mello mortgage technology platform

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