Complaint Review: loan Depot
loan Depot Buyer beware Foothill Ranch, California
Fees collected up front, red flag #1(nov 2012). Lots of calls at first, none after fees collected, red flag #2. Attempts to contact them unanswered, red flag #3.
Received explanation(?) on 01-09-2013, form letter, one page, status, "value or type of collateral not sufficient". Completely bogus explanation. We own two homes, have assets over 1/2 million in retirement accounts, etc.
Please, stay away from this type of company. They are dishonest, can't say it any better than that.
You have been warned.
Willing to discuss our experience.
This report was posted on Ripoff Report on 01/10/2013 06:55 AM and is a permanent record located here: http://www.ripoffreport.com/reports/loan-depot/foothill-ranch-california-92610/loan-depot-buyer-beware-foothill-ranch-california-994408. 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. READ: Foreign websites steal our content
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