LoanDepot Mortgage department,
VA mortgage Application, originator, mortgage broker North Dakota
I recently applied for a VA Home Loan through Loan Depot. - -, Senior Mortgage Banker, ( - ) -, -- was the contact. It was -/-/2015. I agreed to pay Loan Depot $2500.00 for the origination charge with no charge to lock in the interest rate of 3.75 %. Between North Dakota 's title company and abstractor, the process of closing this loan was so slow that my loan interest rate of 3.75 % unlocked and through no fault of my own, I lost my interest rate of 3.75 %. On -/-/2015 I was forced to pay Loan Depot a higher origination fee of $2600.00 PLUS an additional fee of $1300.00 to secure a HIGHER rate of 3.875 %. - -, Sr. Account Manager III, ( - ) - tel/fax, ( - ) - ext. -, -- dealt with North Dakota 's title company and abstractor. The amount of time it took for - to get the paperwork in order was very slow. Loan Depot knew the delays on - - 's application were outside the control of both parties '', but they went ahead and raised my rate and hit me with new charges anyway. I considered that unethical but I signed out of fear they would raise the rate even more. Knowing the delays were beyond both parties, why am I the one paying for the delays while Loan Depot is collecting additional interest, higher fees, and additional fees? See also : Case number : -
LoanDepot customer in North Dakota
Aug 11, 2015
* Source: CFPB Complaint Database
LoanDepot response to complaint:
Closed with explanation
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