LoanDepot Mortgage department,
Conventional fixed mortgage Application, originator, mortgage broker Florida
I applied for a loan with Loan Depot -. The process was a nightmare but I have a specific complaint about the loan. Loan Depot sells the loan to a 3rd party. They approved and funded '' the loan on - -. That is when I started paying interest on the new loan. However they did not pay of the old loans until - -. I was charged duplicate interest for the loans during that period of time. I should not have to pay interest on a new loan until they actually fund the loan and pay off the old loans.
LoanDepot customer in Florida
Jul 09, 2015
* Source: CFPB Complaint Database
LoanDepot response to complaint:
Closed with explanation
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