A direct lender works directly with the customer resulting in fewer costs and a better priced home loan. This is achieved because mortgage brokers or other middlemen are not involved. loanDepot is a Direct Lender. That means we concentrate and specialize solely on helping people with their mortgages while providing the highest quality of personalized service. Even better than a bank or broker, we have all the necessary departments under one roof to control the process start to finish. That provides you a quick turnaround time and the highest in customer care.
loanDepot is a 3rd generation mortgage company with an executive staff with over 25 years experience in helping homeowners with their mortgage loans. We are the pioneers of online Consumer Direct Lending with a proven track record!
Being an Eco-Friendly company with state-of-the-art-technology, our paperless work environment allows us to close your new loan in 30 days or less!
The Good Faith Estimate is the written estimate of the settlement costs that the borrower will likely have to pay at closing. A Good Faith Estimate must be provided by a mortgage lender to a borrower, as required by the Real Estate Settlement Procedures Act (RESPA). The estimate must include an itemized list of fees and costs associated with your loan and must be provided within three business days of applying for a loan. Most lenders are hesitant to send out the GFE due to the fact that the fees disclosed are NOT allowed to change. As part of loanDepot being a responsible lender, we provide our clients with the required, Federally Mandated GFE in order for them to make a well educated decision and to show we adhere to all Federal regulations. Fill out the form or call 1-888-337-6888 to get your GFE from one of our licensed mortgage bankers!