notable
  • Report: #893676

Complaint Review: LoanDepot.com

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Wed, June 06, 2012
  • Updated: Wed, June 06, 2012

  • Reported By: kpd — Kansasville Wisconsin United States of America
LoanDepot.com
Internet, California United States of America

LoanDepot.com Switch and bait on mortgage terms after locking in rate and charging us $495.00 Internet, California

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

When we agreed to lock in the loan rate on Feb. 22, we were told that this loan would have a total of $3484 total cost of closing fees, and NO points.   When we finally received the the estimated HUD  statement on May 4 it included an additional $2710.13 in points, even though we were told that there would be NO points.

The company took so long to arrange the loan, and then wanted  to charge us extension fees, even though I had to pursue constantly, the loan officer in charge of the loan, to move things along. We provided all information right away. We consider this bait and switch and a huge waste of our time and energy.  We would like our $495 back, because they changed the terms, without us knowing. I have all emails to back up these claims. 

This report was posted on Ripoff Report on 06/06/2012 09:50 AM and is a permanent record located here: http://www.ripoffreport.com/r/LoanDepotcom/Internet-California-/LoanDepotcom-Switch-and-bait-on-mortgage-terms-after-locking-in-rate-and-charging-us-49-893676. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on LoanDepot.com

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory