Best Mortgage Lenders of 2020 – 5/10 – loanDepot
Best Lender for Borrowers With a FICO Score As Low As 500
LoanDepot makes the refinance process smooth and simple. The company is so popular for refinancing that it has funded more than $70 billion for mortgage loan refinancing. LoanDepot also waives refinance fees and reimburses appraisal fees for all future refinances after your first refinance with loanDepot.
Loan offers at loanDepot are not incentivized to promote one product over another, unlike other scandal-ridden banks. This means you won’t be pressured into taking a loan that doesn’t make sense for your unique needs and borrowing situation.
Whether you have better credit, more income, a more valuable home or want to pull out cash for an upgrade, there are many reasons to consider a refinance. As long as it will save you money in the long-term, it usually is not a bad idea to refinance for a lower interest rate. With loanDepot, you will find a better refinancing experience than average.