• Report: #1007326

Complaint Review: Loan Depot

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  • Submitted: Fri, February 01, 2013
  • Updated: Fri, February 01, 2013

  • Reported By: nlm — burbank California United States of America
Loan Depot
foothill ranch, California United States of America

Loan Depot Snake oil sales men is the only way I can describe this company. Run don't walk to the nearest exit. I was just looking to save 1 point on my refi. 6 months later, run around, stupidity, lies, do not foothill ranch, California

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I have excellent credit, no debt except my morgage. I am a long time home owner. I was looking to lower my interest rate. loan depot had the best rate. I learned my lesson. pigs get slaughtered. Avoid this company at all costs. the savings I wanted compared to the 6 months of run around wasn't worth it. I never did get my refi. By the time they rejected me! rates had gone up and I was out the $495.00 appraisal fee. They are great salesmen who will promise you the moon.  How they are still in business I'll never know.

This report was posted on Ripoff Report on 02/01/2013 11:39 AM and is a permanent record located here: http://www.ripoffreport.com/r/Loan-Depot/foothill-ranch-California-/Loan-Depot-Snake-oil-sales-men-is-the-only-way-I-can-describe-this-company-Run-dont-wa-1007326. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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