Is LoanDepot Reputable? LoanDepot is accredited by the Better Business Bureau and has an A+ rating. Trustpilot scores loanDepot 3.7 out of 5 stars, an average rating. The Consumer Financial Protection Bureau received 276 mortgage-related complaints in 2020 about loanDepot’s parent company, LD Holdings Group.
Herein, do you have to pay closing costs with a VA loan?
One of the big benefits of VA loans is that sellers can pay all of your loan-related closing costs. Again, they’re not required to pay any of them, so this will always be a product of negotiation between buyer and seller.
Keeping this in view, 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.
What is the most VA loan?
About VA Loan Limits
The standard VA loan limit is $548,250 for most U.S. counties in 2021, an increase from $510,400 in 2020.