Mortgage lender loanDepot now officially offers personal loans

"And that path is now. loanDepot, America’s fifth largest retail lender, has devised a dedicated ‘Concierge’ to dispel this common misconception about moving pains. Having this type of hands-on.

Since its 2010 launch, loanDepot has funded more than $1 billion in home, personal, and home equity loans. They are now positioned as the U.S.’s fifth largest mortgage originator. Their consistently strong balance sheet has also led to their excellent reputation within the lending community.

As of fall 2018, LoanDepot is no longer accepting new loan applications. LoanDepot has discontinued its personal loan program but still offers mortgages to consumers, according to the lender’s website. Current loans will continue to be serviced and borrowers should contact the company with any questions they have.

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loanDepot is the nation’s fifth-largest retail mortgage lender and second-largest nonbank consumer lender. Based in Orange County, California, loanDepot was the first nonbank lender to offer home, personal and home equity loans.

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Anchored by the myloanDepot.com consumer portal, consumers now. loanDepot is the nation’s fifth largest retail mortgage lender and second largest nonbank consumer lender. The company was the first.

Offered loan terms depend upon credit score, requested amount, requested loan term, and credit usage and history. Loans are not available to residents of West Virginia. Residents of Alabama or Nebraska must be 19 years old to apply for credit. All loans in Massachusetts will be greater than equal to $6,001.

Nonbank consumer lender loanDepot announced it is officially acquiring Massachusetts-based Mortgage Master, creating a combined company with 130 retail lending branches across the country, four.

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After nearly six months, Ginnie Mae has removed restrictions barring loanDepot from including VA loans in some GInnie-backed mortgage securities. In January, Ginnie Mae issued a restriction.

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