Report: #1007326

Complaint Review: Loan Depot

  • 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

Show customers why they should trust your business over your competitors...

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.
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