Home Loan Solutions. Home Purchase, Refinance, Home Equity Loans, Reverse Mortgages and More.

Purchase, Refinance, Home Equity Loans And more.

Applying for a mortgage shouldn't be complicated. Now it's not.

 One of the biggest purchases you’ll ever make is buying a home. The home buying process can seem complicated at times, but it doesn’t have to  be difficult. Our goal at DDDLoans is to help you find the right home financing with the right mortgage lender. Whether you’re a first-time home buyer or a pro buying an investment property or vacation home, you want to be prepared.

We are here to help you finance or refinance your mortgage and save money.

What is a home equity loan?


A home equity loan allows you to borrow against the value of your  home. You can receive a portion of your home’s equity — the difference  between the amount owed on your mortgage and your home’s market value — in cash. For example, if your home is  worth $250,000 and your mortgage balance is $150,000, you have $100,000  in equity. 

Home equity loans allow homeowners to access their equity in a lump sum that can be used for a variety of purposes, including home improvements and college tuition payments. Home equity loans usually have fixed interest rates. Also known as second mortgages, home equity loans are repaid monthly —  just like the first mortgage on your home. If you’re still repaying  your first mortgage and decide to borrow against your available equity, you would be responsible for both your existing mortgage payment and the home equity loan payment each month until they’re paid in full. 


LoanDepot Lifetime Guarantee 

Finance with us once and never pay lender fees again**

Most home owners will refinance their mortgage every 7 years. That  means over the course of a 30-year mortgage you’re likely to refinance at least 4 times, twice during a 15-year mortgage. That can mean  thousands in lender and appraisal fees every time. 

That’s where loanDepot’s Lifetime Guarantee can give you a huge  advantage. After you finance 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. 


What is a reverse mortgage?

A reverse mortgage is a type of home loan only available to people age 62 and older who  have considerable equity in their property, or own their home outright. A reverse mortgage allows these homeowners to convert part of the equity in their homes into cash, using their home as collateral.

The process works differently than if you took out a traditional home  loan. Instead of making monthly payments to a lender, the lender makes  payments to the borrower.

There are several different payment plans available, including a lump sum payment, monthly payments, or a line of credit.

The borrower is not required to repay their loan until their home is  sold or otherwise vacated. In other words, the borrower can remain in  the home without making any payments on their loan until they move to a nursing home, pass away or have to move out on any other terms. In the  meantime, however, they are required to keep up with property taxes, homeowners insurance, and HOA dues if applicable.

This type of mortgage was originally conceived in order to help retirees who own their homes cover basic living expenses and the costs of healthcare, said Steve Irwin, the executive vice president of the National Reverse Mortgage Lenders Association. However, there are no restrictions on how reverse mortgage proceeds can be used.


What is refinancing?

A mortgage refinance is when you replace your mortgage with a new  loan that has better terms, such as a lower interest rate or monthly  payment. Other reasons to refinance a mortgage could include shortening a loan term, eliminating a loan with private mortgage insurance or switching from an adjustable rate to a fixed rate.

How It Works


Skip the paperwork

With mello smartloan™, we can digitally verify your income,  employment and asset information, ensuring a seamless, secure transaction.

Skip the appraisal

Our loan officers can quickly determine the best loan for  you–oftentimes not requiring an appraisal, which can save you hundreds of dollars!


Skip the waiting

Thanks to mello smartloan™, you could be cleared to close in as few as eight days*. But don't worry, you can set the closing that best suits your needs.