loanDepot Staff Writers

Understanding Your Appraisal Report: Info, tips, tricks and more

An appraisal is an unbiased professional opinion of a home’s value conducted by a licensed appraiser that provides a detailed assessment of a property’s value. When an appraisal is used to obtain what’s called an “opinion of value” of a property for loan purposes, federal regulations require the lender or its agent to adhere to certain requirements in connection with an appraisal order. The lender or its agent contacts a state licensed or certified appraiser and identifies the property to be appraised and the intended use of the appraisal.

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loanDepot Named Corporate Champion for Boys and Girls Clubs of Central Orange Coast

Boys & Girls Clubs of Central Orange Coast named loanDepot its first ever “Corporate Champion” at their annual “Be Great Gala,” the premier fundraising event for the organization.

What near zero benchmark rates mean for homebuyers

If you are curious how the Federal Reserve impacts mortgage rates and why some of your friends are rushing to refinance their homes, you are not alone.

The Federal Reserve...