LoanDepot Review


LoanDepot

Summary

Businesses that are just starting up and need small amounts of funding and whose owners have good credit are the best candidates for a loanDepot small business loan. The owner must have good credit, but this is an excellent alternative for businesses that do not have much to show in profits or much to put up as collateral.

Quick Facts

Minimum Credit Score
640
Maximum Loan Amount
$35,000
Loan Duration
36 months
APR
6.17% - 29.52%
Origination Fee
1.0% - 5.0%
Days to Close
30 days

Expert Walkthrough

Coming Soon!


LoanDepot Reviews

Lending Tree 2016-03-31

The customer service is great. The experience was quick and easy. We were provided good rates. The loan process took under a week, and all the information needed was easily accessible. Would definitely recommend to others.

Lending Tree 2016-04-17

It took them weeks, then they change the rate because they made a mistake. I agreed to a higher rate but at end they canceled my loan application. Poor customer service.