Applying for a loanDepot loan indirectly through a third party (e.g., LendingTree) makes the borrower ineligible for this Guarantee. Disclaimersįuture applicants must contact loanDepot directly via the website: or via telephone (877) 395-7381 (505) 588-0070 to qualify for the Guarantee. Our home loan specialists are ready and waiting to help you with your existing home loan enquiries or new loan applications. Terms and conditions are subject to change without notice.įuture applicants must contact loanDepot directly via the website: or via telephone (877) 395-7381 (505) 588-0070 to qualify for the Guarantee. “Lender fee” does not include discount points associated with the loan transaction. For future loans meeting the above requirements and which are successfully closed, no lender fee will be charged. The borrower’s ability to qualify for a future loan will be subject to the loan program terms and conditions available at that time. loanDepot cannot guarantee that the borrower will be approved for a future loan, the interest rate for a future loan, or the future appraised value of the home. The ability to redeem the Guarantee in part or in whole also is subject to future changes in Federal or state law, or investor or guarantor restrictions on refinancing the existing loan. The Guarantee may only be used by submitting an application directly to loanDepot.įor Guarantees issued on or after January 1, 2019, the Guarantee may not be redeemed within 12 calendar months of the Date Issued. The Guarantee also does not apply to loans applied for through third parties (e.g., Lending Tree) or originated through loanDepot’s Wholesale division. The Guarantee is non-transferable and does not apply to loans obtained to purchase a new property, new loans that result in the creation of a separate lien on the current property (i.e., a “home equity loan”), renovation loans, bond loan programs, and down payment assistance programs. LoanDepot Lifetime Guarantee ("Guarantee") - Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by loanDepot that is secured by the same property upon which that borrower previously received from loanDepot a loan and “loanDepot Lifetime Guarantee” certificate.
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