LoanDepot Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

LoanDepot Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker California

This complaint is due to multiple inquiries made on my credit report from Loan Depot thru - . The complaint is against -, as the credit servicer for Loan Depot and also the prospective lender Loan Depot. In - 2016 I responded to a Refinance solicitation I received from Loan Depot and had granted only one approval to run one inquiry on my credit. Loan Depot made six Inquiries within a span of a few days because they were trying to gather additional information on income and value of my present home to determine loan eligibility. Un-be known to me at the time, Loan Depot took upon themselves to re-run inquiries every time I spoke to an individual at Loan Depot as a follow up on the same matter. My credit report now shows numerous inquires within a span of one week or so some multiple on the same day from this same prospective lender " Loan Depot ''. I have brought the matter to the attention of both - - and Loan Depot and both have failed to respond in a reasonable time frame.

LoanDepot customer in California
Aug 18, 2016

* Source: CFPB Complaint Database

LoanDepot response to complaint:
Closed with explanation

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