loanDepot Key Borrower Advantages
- ✓ loanDepot Lifetime Guarantee: waive lender fees on future refinances
- ✓ mello smart mortgage technology accelerates underwriting
- ✓ Over 200+ local lending branch offices nationwide
- ✓ Generous hybrid e-closing options
Pros
- Lifetime guarantee waives fees on future refinances forever
- Available nationwide with both online and in-person loan officers
- Excellent VA and FHA loan guidance
Cons
- Advertised low rates assume purchased discount points
- Origination fee applies to first initial loan
MortgageYub Editorial Analysis
In our comprehensive 2026 mortgage evaluation, loanDepot stands out for homeowners planning to refinance multiple times as interest rates drop over coming years. With starting rates starting at 6.22% and flexible credit requirements down to 580, they provide a streamlined lending pathway for first-time buyers, repeat purchasers, and refinancing homeowners alike.
Borrowers can complete their pre-approval letter 100% online, lock in competitive rates, and track document verifications in real-time.
Check your pre-approved rate today
Soft inquiry pre-qualification with no impact on your credit score.
Check loanDepot Rates →Frequently Asked Questions
What loan products does loanDepot offer?
loanDepot offers PURCHASE, REFINANCE, FHA, VA, JUMBO loan programs across fixed and adjustable terms.
What is the minimum down payment?
Conventional programs start from as low as 3% down, with 0% down available for qualified VA borrowers.
Can I estimate my payments before applying?
Yes, use our free Mortgage Payment & Amortization Calculator to view exact monthly principal, interest, taxes, and insurance payments.