Loandepot.com Mortgage Rates, Fees & Info

2.6 stars - Updated: 4/5/25 - out of 5 stars, based on 282 reviews

Review & Overview

Loandepot.com is a large mortgage company specializing in Home Purchase and Cash Out Refi loans. Loandepot.com has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Dallas, Phoenix, Riverside, and Chicago among others. We have data for 898 markets. (Some data included below & more in-depth data is available with an active subscription.)

Loandepot.com has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Loandepot.com is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.50%	4/5/25
30 Year Conventional Refi	6.75%	4/5/25
30 Year Cash-out Refi	7.02%	4/5/25
30 Year FHA Purchase	6.95%	4/5/25
30 Year FHA Refi	6.96%	4/5/25
30 Year VA Purchase	6.13%	4/5/25
30 Year VA Refi	6.02%	4/5/25
30 Year USDA Purchase	7.05%	4/5/25
15 Year Conventional Purchase	5.94%	4/5/25
15 Year Conventional Refi	5.89%	4/5/25
15 Year Cash-out Refi	5.89%	4/5/25
15 Year FHA Purchase	7.37%	4/5/25
15 Year FHA Refi	6.23%	4/5/25
15 Year VA Purchase	5.94%	4/5/25
15 Year VA Refi	5.69%	4/5/25
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Loandepot.com Mortgage Calculator

Originations

79,418

Origination Dollar Volume (All Markets)

$23,842,980,000

Awards