Review and analysis of over 14 complaints against LoanDepot
LoanDepot consumers have reported over 14 official complaints related to Loan modification,collection,foreclosure. Out of the 14 consumer complaints against LoanDepot, 21% were disputed by the consumer (i.e. the consumer was not happy with how LoanDepot responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against LoanDepot resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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LoanDepot Mortgage loan modification,collection,foreclosure May 3, 2016 - Loan Depot used predatory lending practices when dealing with us. For the last year we have been trying to work something out with our loan. I had been - and we desperately needed to refinance our home for extremely needed home repairs. The loan officer who came to our house steered us into getting a refinance and taking out an extra $5000.00 for the repairs. He told us it was a golden opportunity. He did n't bother to tell us that it would not be paid off even close to my husbands retirement. He pretty much did everything and anything to sell us on this idea. So we did it. We got our hom... |
LoanDepot Mortgage loan modification,collection,foreclosure March 4, 2016 - My wife lost her job so we contacted our mortgage company ( Loan Depot ), they had us fill out forms to apply for a modification.They were very vague and never once spoke to use about what they were doing. We thought they would review our financial situation and cut interest or adjust the terms. It was never clear what they were doing. The only time they did contact us, was for paper work and re-submission of paper work. Prior to applying for a modification we never missed a single payment ( on any account ) and our credit score was outstanding. Fast forward to - -, we 're entered into a... |