Review and analysis of over 6 Home Equity Loan Or Line Of Credit complaints against LoanDepot
LoanDepot consumers have reported over 6 official complaints related to Home equity loan or line of credit. Out of the 6 consumer complaints against LoanDepot, 33% 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.
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintStop harassing phone calls, know your rights and what you can do to stop them
Stop Calls
LoanDepot Mortgage credit decision / underwriting February 15, 2017 - I called loan Depot.com, - for an check of their rates on a home equity loan. I was transferred to - - - who proceeded to give me a high pressure sales tactic for a 30 year mortgage loan of $100000.00, which I did not want. I did not accept this offer, and only told him I would think about it. I had subsequently decided to accept a more conventional HELOC with another lender. Loan Depot.com called my house numerous times, and today a fully filled-out loan application ( minus my signature ) arrived in the mail. I feel this is completely out of bounds and I am very upset about this... |
LoanDepot Mortgage application, originator, mortgage broker December 18, 2016 - On -/-/-, I called Loan Depot for general information about a refinance with cash out. The salesman told me he could not provide an estimate of loan terms without a credit check ( $10.00 fee ) and loan application. I made it clear that I only wanted an estimate and was not committing to refinancing at that time. I agreed to fill out the application over the phone. When it came time to electronically sign some paperwork, I wanted to read the details of the documents. When I asked him what I was signing, he told I needed to relax. When it came time to sign a consent form to withdraw $420... |
LoanDepot Mortgage application, originator, mortgage broker May 3, 2016 - I made an inquiry at - - regarding a home equity loan. I received a call from Loan Depot and the very first thing I said to them was that I am NOT interested in refinancing my home ; I am only interested in home equity loans. The initial caller assured me that such an option is available and then transferred me to - -. I AGAIN told - - that I am not interested in refinancing, and that I am only looking for home equity loans. He again assured me that this was an option. During the interview process he asked me what my current first mortgage loan interest rate is. When I told h... |