LoanDepot
Finder rating 3 / 5 ★★★★★
- No pressure. LoanDepot's no-steering policy ensures loan officers offer impartial guidance.
- No prepayment fee. You won't be penalized if you pay off your loan early.
- No appraisal fee. LoanDepot's loan officers may be able to identify the best loan for you without requiring an appraisal.
- Steep origination fee. LoanDepot may charge as much as 5% for origination.
- Mortgage rates aren't online. You have to contact a loan officer to determine your mortgage rate.
- Negative reviews. As of October 2020, LoanDepot has some recent negative reviews on Trustpilot, mostly related to lackluster customer service, long processing times and unresponsive representatives.
Minimum credit score | Conventional: 620 FHA: 580 VA: 620 |
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