LoanDepot Mortgage department,
Conventional fixed mortgage Credit decision / Underwriting California
I wanted to refinance to remove mortgage insurance from my FHA loan. I contacted a number of companies and decided to use loandepot. I locked in a low rate, but after - was elected rates went up, and loandepot sent out an appraiser who claimed my California house on - - - had lost - sq ft and depreciated $ - in the last 8 years. Despite the fact that all the other houses around the - have increased in value. This is clear fraud!
LoanDepot customer in California
Nov 30, 2016
* Source: CFPB Complaint Database
LoanDepot response to complaint:
Closed with explanation
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