Loandepot Origination Fee

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Posted on February 21, 2019 at 16:07 PM

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loanDepot Review 2019 | Reviews, Ratings, Complaints ...
Your loanDepot personal loan interest rate is determined using several factors including your credit profile, payment history, and ratio of debt to income. To qualify for the lowest rates, applicants must have excellent credit. Unfortunately for lenders, loanDepot charges an origination fee of between 1% and 5%.
LoanDepot Mortgage review March 2019 |
Of the complaints, the most frequent is about loanDepot’s high origination fee, which can be as high as 5% of your loan’s total value. Many competitors offer origination fees of 0.5% to 1% of your loan amount.
loanDepot Reviews (Mar 2019) | Personal Loans | SuperMoney
Yes, loanDepot may charge borrowers a late payment fee of up to $15, which is triggered if you're 15 days late.

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