What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

Segment Now
Ripoff Report | Loan Depot Review - Loan depot dishonest unresp
Report: #1490529

Complaint Review: Loan Depot -

  • Submitted:
  • Updated:
  • Reported By: David — LA United States
  • Author Not Confirmed What's this?
  • Why?
  • Loan Depot United States

Loan Depot Dishonest. Unresponsive.

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

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Was approved for a REFI.  Rate, terms and costs were alledgedly "locked in."  Loan Depot moved verly slowly on the process.  After 60+ days, 10 year rates were up over 20 basis points.  With lots of refi going accrross there desks they apparently focused on newer higher rate refi customers.  These unscrupulous folks never proactively kept me informed of my loan status.  The loan simply became invisible after 90 days and the mythical rate lock disappeared.  

I wound up working with the much better known, reputable company.  Had I worked with them initially, I wouldn't have wouldn't be stuck paying a .375% higher rate for the next 30 years.  I tried to recover my loses by shorting their stock and benefiting from their bad business practices.  Unfortunately, they are a privately owned bad actor and no short investment is possible.

Only hope others read this and benefit from my mistake.





This report was posted on Ripoff Report on 01/16/2020 11:22 PM and is a permanent record located here: https://www.ripoffreport.com/report/loan-depot/dishonest-unresponsive-1490529. 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

Search for additional reports

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

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.