loanDepot Lender Review | 2022
Abstract
Once signed loan documents are returned to loanDepot, a loan will typically be funded within 2-to-3 days. Whether borrowing for the purchase of a home or refinancing an existing mortgage loan, loanDepot's tools for borrowers are designed to assist loan applicants from the point of application through closing. LoanDepot does not offer VA construction loans or VA loans for manufactured homes. Jumbo loans: For buyers seeking to borrow more than the amount permitted for conventional loans. For VA homeowners, loanDepot also offers 100% VA cash-out loans, meaning they can offer you a loan up to 100% of your home's value. Special perks for veterans with loanDepot loanDepot is approved by the Department of Veteran Affairs as a direct VA lender and is authorized to offer special home loan programs for active military and veterans. Specially trained VA loan consultants are on staff to provide high levels of customer service to mortgage loan applicants, and loanDepot systems are designed to support veterans throughout the entire mortgage process.