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Home Purchase
Make Your Dream Home a Reality.
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Redefining the Home Purchasing Experience
Lifetime Guarantee
After you refinance with us once, we’ll waive the lender fees and reimburse appraisal fees on any future refinance with loanDepot.
Working For You
Our licensed lending officers are held by a strict "no steering" policy and are not incentivized to sell one loan over another.
Mortgage Expertise
As a state licensed pioneer in our industry, loanDepot has funded more than $100 billion in loans since 2010.
Why Fund Your Home Purchase with loanDepot?
Exceptional customer care
Quality, competitive loan options
Licensed in all 50 states
Tech-enabled lending platform
A+ rating with Better Business Bureau
Connect with a loanDepot Lending Expert now at (888) 983-3240
6 Easy Steps to Make Purchasing a Breeze
loanDepot has over 1,700 licensed lending officers across the US and our no steering policy means you get a loan expert to help you find the best loan for your goals and not the best plan for their wallet.
Determine your budget and create a list of “Needs” and “Wants” that you can use to help you find the home of your dreams.
Choose from fixed-rate terms to adjustable-rate terms, jumbo loans or government loans; we have the perfect loan for you.
Your licensed lending officer will help to coordinate with all the necessary parties to ensure your loan is submitted to the underwriter for approval.
Upon approval, we will schedule your loan closing appointment at a time that's convenient for you.
A sample of some of the documents you may need to provide are paystubs, mortgage statements, 2 years of employment history, etc.
Get the Loan That's Right for You
Jumbo
loanDepot offers consistent and secure low rate Jumbo mortgage programs with the ability to borrow higher amounts
Adjustable Rate
If you plan on staying in your home short-term or would like lower payments, an ARM loan program might be right for you
Fixed Rate
A traditional, fixed-rate mortgage is our most popular program for refinancing or a new home purchase
203k Loans
FHA home renovation loan that includes not only the price of the home, but includes funds to cover the cost of renovations.
VA
loanDepot is authorized to offer special loan programs that are guaranteed by the VA for active military and veterans that are not available to the general public
FHA
Qualify with ease with as little as 3% down; originally for first-time buyers, FHA programs are now open to wider audiences
HARP
HARP is a federal program to help responsible, underwater and near underwater homeowners refinance their mortgages to a lower rate
Purchasing your dream home has never been easier
Our home loan experts can arm you with helpful mortgage information plus other valuable resources to help make buying your home quick and easy!
What’s the benefit of a home loan from loanDepot?
We are a direct mortgage lender
We control the entire mortgage process, enabling us to deliver low home loan rates and closings up to 50% faster than the industry average.
You get the right home loan for you... not us
We have a strict “No Steering” policy, assuring that you get the right loan for your current and future needs. Choices for home loans include FHA, VA, Jumbo, ARM and fixed mortgage programs.
Our mortgage expertise
We are recognized pioneers in our industry and our licensed loan officers are state licensed in accordance with the federal government’s S.A.F.E. Act.
Learn More about Buying a House
How To Buy a House
Buying a home is an exciting yet stressful time, especially if you're a first time homeowner. Many buyers don't realize that there's a lot of prep work to do before you even start looking at homes including getting pre-approved for a loan.
House Buying Questions
Lowering your mortgage rate and payment is one of many reasons to consider a mortgage refinance. Have you thought about converting your current adjustable rate into a 30-year fixed rate mortgage loan? How about a cash out refinance to remodel your bathroom or put in new floors? With attractive rates and loan programs, now may be the best time to make a move.
What Our Customers Are Saying *
Buying a House
Mark S.
Florida
"loanDepot did a great job helping me buy my first home. The paperwork was all electronic and all my questions were answered in minutes. They have the lowest APR I found anywhere!"
Buying a House
Jessica R.
New Mexico
"Fast, excellent service, and very efficient. I was looking for a 15yr fixed rate loan to replace my 30yr ARM. Best decision we ever made was going with loanDepot, they are the best."
Frequently Asked Questions
Although a home inspection is not required, it is a good idea to obtain the services of a professional qualified inspector to help you determine the condition of the home you are looking to purchase. A professional inspector will look for any structural issues as well as mechanical problems that may exist in the home that could cause problems in the future. In addition to a structural review, an inspector will also check faucets, toilets, appliances, and other items in the home to make sure everything is in working order. If something needs to be addressed, you can address them with the seller prior to closing.
There are several factors that determine the home loan amount and purchase price that you can afford. For qualification purposes, lenders look at income, debt, assets (how much money you have for the down payment, closing fees, points, and other funds necessary to close your home loan), as well as credit. There are many different loan programs that offer different terms and rates, and some require lower down payments than others and offer more flexibility in credit and income. The best thing to do is use a mortgage affordability calculator to find out what your payments would be and determine what purchase price and loan amount is comfortable for you.
A typical escrow period is 30, 45, or 60 days. The escrow period, defined on the purchase contract and agreed upon by both buyer and seller, is usually what dictates when your loan closes. If you have already entered escrow and are closing in less than 30 days, we can still close your loan on time if we are brought into the loop as soon as possible. We have closed home loans in as little as 7 days!
Traditional conventional financing requires a down payment of 10 to 20% of the purchase price of the home; however, there are other home loan programs available such as our FHA program that allows you to buy a home with as little as 3.5% down. In addition to the down payment, you should be aware that there are other fees associated with purchasing a home. For example, there are closing fees, pre-paid interest, and prorated items such as property taxes and homeowner's insurance. Call and speak with one of our home buying specialists to get a better idea of what you can expect.
Get started online or call 888.983.3240 to talk to a licensed lending officer