Review · Money
loanDepot Refinance review
Rate-and-term and cash-out refinancing with a lifetime waiver of lender fees on future loanDepot refinances.
By the Comredix review desk · Updated November 13, 2026
- Quality (40%)
- 8.2
- Experience (25%)
- 8.0
- Value (35%)
- 8.4
loanDepot stands out for what happens after this refinance. Its Lifetime Guarantee waives the lender fee when you refinance a loanDepot loan on the same property again, a useful hedge if rates fall later. The fine print matters: the waiver does not cover discount points or third-party closing costs, it must be used by applying directly with loanDepot rather than through sites such as LendingTree, and guarantees issued on or after January 1, 2019 cannot be redeemed within 12 calendar months. The refinance menu covers rate-and-term and cash-out loans, fixed and adjustable rates, VA, FHA, jumbo and renovation loans, plus a HELOC (5x5). loanDepot reports $600B in loans funded and 1.99M customers served, and it works through local loan officers and branches. We could not see posted refinance rates on its pages, so its price is unverified here.
Who it is for
homeowners who expect to refinance again
Price
See vendor pricing (USD check pending).
US price check pending. See the vendor pricing page.
Key features
- loanDepot Lifetime Guarantee waives lender fees on future refinances with loanDepot
- Rate-and-term and cash-out refinance, fixed and adjustable-rate
- VA, FHA, jumbo and renovation loans, plus a HELOC (5x5)
- Four-step process with a local loan officer
- Refinance savings estimate from a few questions
Strengths and weaknesses
- Strength: Future refinances skip the lender fee under the Lifetime Guarantee
- Strength: loanDepot reports $600B in loans funded and 1.99M customers served
- Strength: Branch network and named loan officers
- Weakness: The guarantee excludes discount points and third-party closing costs
- Weakness: Guarantees issued since 2019 cannot be used within 12 calendar months
- Weakness: No refinance rates were displayed on the pages we checked
Key facts
- Lifetime Guarantee: No lender fee on future refinances
- Loans funded: $600B
- Customers served: 1.99M
- Posted rates: Not shown on checked pages
Where it ranks
loanDepot Refinance is No. 6 in our Best Mortgage Refinance Lenders verdict.
Alternatives we scored
Visit loandepot.com · Questions or corrections: editorial@comredix.com