Today's mortgage rates
Rate and offer information: There is no guarantee that all borrowers will qualify and approval is subject to verification of credit, income, assets, and value, among other criteria. This is not a commitment to lend. Your actual rate and payment may be different based on many factors. Interest rates, if displayed, are valid as of October 29, 2020.Rate assumptions:
- Based on refinancing an owner-occupied single family home.
- APR may be higher if Mortgage Insurance is required or if an affiliated service provider is used.
- Actual rate and payment may be different based on many factors and do not include Mortgage Insurance, Taxes, or Hazard Insurance payments, if required.
- Programs, rates, terms and market conditions are subject to change without notice.
30 Year fixed rate – Rate displayed assumes all borrowers having a credit score of 740 or higher, debt-to-income ratios of 43% or lower, asset reserve requirements are met, and your property has a loan-to-value less than 60%. The Annual Percentage Rate (APR) and proposed new payment is based on a 30 year fixed rate and term refinance loan with 360 monthly payments with a loan amount of $200,000 and may include up to 3 points (1 point equals 1% of the loan and can include any origination, discount and lender fees).
15 Year fixed rate - Rate displayed assumes all borrowers having a credit score of 740 or higher, debt-to-income ratios of 43% or lower, asset reserve requirements are met, and your property has a loan-to-value less than 60%. The Annual Percentage Rate (APR) and proposed new payment is based on a 15 year fixed rate and term refinance loan with 180 monthly payments with a loan amount of $200,000 and may include up to 3 points (1 point equals 1% of the loan and can include any origination, discount and lender fees).
5/1 ARM rate - Rate displayed assumes a loan amount of at least $200,000 and may include up to 3 points (1 point equals 1% of the loan) with all borrowers having a credit score of at least 740, a debt-to-income ratio of 43% or lower, a property loan-to-value of 60% or less with all asset and reserve requirements met. Home value for loan to value (LTV) uses automated valuation models (AVM). Actual appraised values may be different which could lead to a different interest rate availability. After five years, the interest rate becomes adjustable based on the following formula: Rate = Index + Margin. Caps are 5/2/5. Margin is fixed at 2.25%. Index is based on the one year Libor.
The Lifetime Guarantee
Exclusive Loyalty Benefits1
When you choose loanDepot, we want to reward you for your loyalty. After you finance your mortgage with us the first time, we’ll waive our lender fees and reimburse your appraisal fee when you refinance your home with loanDepot in the future!
Get the loan that's
right for you
Choosing the right home loan program starts with identifying your current situation, as well as your mortgage goals. Click to learn more about each loan type.
We believe better lending starts with building the best relationships. Find out what our customers have to say about us.
loanDepot is an excellent company
"…They made me feel like a welcomed friend, and not just another customer. The process could not have been any easier to complete. All timelines were met promptly and completely."
Exceptional Service and Exemplary Experience
"I can't express how much I appreciated all of their sincerity in the mortgage refinance undertaking! It was an incredibly great experience and they were so helpful and so easy to communicate with."
Friendly, Respectful and Professional
"Everyone I dealt with was very helpful and knowledgeable. They had answers to all my questions and recommendations to make things easier and more worthwhile for my family. It has been a real pleasure dealing with the folks at loanDepot."
"Everyone I worked with was knowledgeable and took whatever time was needed to ensure our questions were answered and we understood our transaction. I would highly recommend loanDepot to anyone considering a mortgage finance."
"The loan process was made easier by the rather helpful staff. The whole experience was seamless because the staff provided clear and helpful guidance. I would not hesitate to use their services again, and would recommend them to anyone in need of such services."
Fast, efficient and done!
"The people were great and kept you informed. Everything was handled professionally, quickly and you were informed of every decision regarding your loan."
"From the beginning process through the closing process, everyone was extremely helpful and transparent...exceptional!"
Excellent service and follow-up
"These guys were great through the whole process. It was an easy/smooth and I was followed up with multiple times to ensure all was good"
Compensation was not paid in exchange for any testimonial on this site.
Reasons to believe in loanDepot
$ 125B in loans funded
6500 + lending professionals nationwide