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.
Similarly one may ask, does LoanDepot work with down payment assistance?
Summary of Best CalHFA Mortgage Lenders of 2021
Guaranteed Rate offers conventional loans with as little as 3% down. New American Funding works with down payment assistance programs in 14 states, including California, Texas, Florida and Illinois. LoanDepot offers conventional loans with as little as 5% down.
Besides, how much can you make at loanDepot?
How much do people at loanDepot get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at loanDepot is $114,375, or $54 per hour, while the estimated median salary is $109,008, or $52 per hour.
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 an LLC?
loanDepot.com, LLC provides loans services. The Company offers debt consolidation, home improvement, small business, consumer, and mortgage loans. loanDepot.com serves customers in the United States.
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.
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 is Mello b2c?
What kind of loans does loanDepot offer?
Right now loanDepot offers the following major types of mortgages:
- Conventional loans.
- Jumbo loans.
- Federal Housing Administration (FHA) loans.
- Department of Veterans Affairs (VA) loans.
- Refinance loans.
- Cash-out refinance loans.