Anyone knows about Loan Depot? Recommended ?

[Marlon P.]

I received a scam call from Loan Depot offering really good opportunity to Refi my Condo and it looked so straightforward and smooth process all different than the service I received from my broker lender to get the loan for the property purchasing...

It looks like Loan Depot they do the refi in less time and they require less paperwork and the guy promised that they will match any APR rate I could find anywhere else. It looked tempting for me but not sure if I can trust that company.

What do you recommend me? Does anybody knows or had had any experience with Loan Depot?

Thank you

[Alex Olson]

Originally posted by @Marlon P.:

I received a scam call from Loan Depot offering really good opportunity to Refi my Condo and it looked so straightforward and smooth process all different than the service I received from my broker lender to get the loan for the property purchasing...

It looks like Loan Depot they do the refi in less time and they require less paperwork and the guy promised that they will match any APR rate I could find anywhere else. It looked tempting for me but not sure if I can trust that company.

What do you recommend me? Does anybody knows or had had any experience with Loan Depot?

Thank you

I think they are fine. They are a large lender to a degree. I know a gentlemen in the KC market that is reputable that does a fine job and has a lot of happy clients. Hope that helps

[John Litzenberger]

Used them once and they were ok.

[Marlon P.]

@Alex Olson Thank you for the advice. And yes, I will appreciate if you pass me the contact of that specialist.

Thanks

[Alex Olson]

Originally posted by @Marlon P.:

@Alex Olson Thank you for the advice. And yes, I will appreciate if you pass me the contact of that specialist.

Thanks

 His name is Alex Change. PM for his email etc...

[Bobby R.]

@Alex Olson. I read an article on them and better.com for closing loans quickly. LD was said to be able to close in 8-21 days for a new loan. Could you PM me the contact info as well?

Thanks.

[George Knetzger]

I have had an ongoing application process since Jan 2020. Still no closing. This week I cancelled the application. This was for a cash out Re finance