Is 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.

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Secondly, does loanDepot do appraisals?

A loanDepot licensed loan officer can help answer all your questions regarding a home refinance. … Call today for more information. If you bought a home several years ago, you’ll find that the appraisal process has evolved.

Beside above, how long has loanDepot been in business?


Just so, how old is Anthony Hsieh?

Prior to joining Zappos, Hsieh co-founded the Internet advertising network LinkExchange, which he sold to Microsoft in 1998 for $265 million.

Tony Hsieh
Hsieh in 2009
Born December 12, 1973 Urbana, Illinois, U.S.
Died November 27, 2020 (aged 46) Bridgeport, Connecticut, U.S.

Is loanDepot a direct lender?

As a direct lender, loanDepot has access to low refinance rates and we can help make the process of refinancing your home fast and easy.

Is loanDepot a lender or broker?

As a direct lender, loanDepot says it can deliver low mortgage rates (depending on your credit score) and get you to the closing table 50% faster than the industry average. The company offers several types of mortgage loans, including conventional mortgage loans, jumbo loans, FHA loans, and VA loans.

Is loanDepot a mortgage banker?

LoanDepot, sometimes stylized as loanDepot, is a Lake Forest, California-based holding company which sells mortgage and

Type Public

Is loanDepot FDIC insured?

LoanDepot does not appear to be FDIC-insured, most likely because they’re not a bank. If this is a concern of yours, I would ask an agent directly if the company has FDIC insurance that might apply to your loan situation.

Is loanDepot federally regulated?

All of our mortgage bankers are SAFE Act licensed and registered and we’re compliant with all federal and state licensing and lending policies.

Is loanDepot safe to use?

LoanDepot earns an A-plus rating with the Better Business Bureau, and Trustpilot scores loanDepot 3.5 out of 5 stars but an overall Average rating. The Consumer Financial Protection Bureau received 276 mortgage-related complaint in 2020 about loanDepot’s parent company, LD Holdings Group.

Is Zappos owned by Amazon?

Zappos is the epitome of customer service and revolutionary corporate culture. It’s the main reason why Zappos is owned by Amazon. But, much of it was due to one of its co-founders, Tony Hsieh, and his eccentric lifestyle.

What company owns loanDepot?

LoanDepot, sometimes stylized as loanDepot, is a Lake Forest, California-based holding company which sells mortgage and non-mortgage lending products.

Type Public
Industry Mortgage lending
Founded 2010
Founder Anthony Hsieh
Headquarters Lake Forest, California , U.S.

What is it like to work at loanDepot?

loanDepot is the best company to work for in the mortgage industry. The company offers competitive compensation, unlimited leads, and great support to ensure that each one of its LLOs has an opportunity to succeed. I’ve been with the company for over five years and my life has sincerely changed for the better.

What LOS does loanDepot use?

LoanSphere Empower®

Who did loanDepot merge with?


Who is Deborah on the loanDepot commercial?

Debora Wilson

Who is Debra from loanDepot?

Debora Wilson –

Why is loanDepot stock low?

loanDepot notes that the quarter-over-quarter decrease was primarily driven by a decline in gain on sale margins – down to 2.28%, down from 2.98% in Q1 2021 and 5.39% a year ago – and an increase in servicing rights fair value losses.

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