Mortgage lender loanDepot now officially offers personal loans

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Since its 2010 launch, loanDepot has funded more than $1 billion in home, personal, and home equity loans. They are now positioned as the U.S.’s fifth largest mortgage originator. Their consistently strong balance sheet has also led to their excellent reputation within the lending community.

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As an example, if you pay $400 a month in student loans. officially a done deal. Got a job offer you can’t refuse? Even if your new gig looks far more lucrative, you’re better off first closing on.

LoanDepot is one of the largest nontraditional lenders in the home loans space, offering mortgages in all 50 states. Looking to lead the nation into "the next generation of modern lending," loanDepot boasts more than $100 billion in funding since its launch in 2010.

A recent study by the Consumer Financial Protection Bureau found that 47% of all homebuyers don’t compare mortgage offers before choosing a lender. such as credit cards and personal loans..

LoanDepot personal loans are an option for good-credit borrowers who have a low debt-to-income ratio. Most borrowers use the loans for debt consolidation or home improvement projects. Read our.

A few weeks later I check online to confirm the house had been taken down but it was in an OPEN BID AUCTION!!!!! We called Loan Depot and they advised it was out of their hands in now in the state of Georgia’s because 3 months without insurance was a void of contract. Loan Depot completely failed in every aspect of being a lender.

You’re eligible for a personal loan with loanDepot if: You’re a US resident. loanDepot personal loans aren’t available to American expats. You’re at least 18 years old. You must be at least 19 years old if you live in Alabama or Nebraska. You have a credit score of at least 660. The cut-off for other loanDepot loans is 600.

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LoanDepot offers a wide array of products, including 15 and 30 year fixed rate mortgages, ARMs, and VA home loans. In 2012, LoanDepot officially became a licensed mortgage lender in all 50 states. In February of 2019, LoanDepot released the mello smartloan, a completely online mortgage loan that you can access from any device.

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