# LoanMagic vs loanDepot Mobile

The clearest difference is review sentiment: loanDepot Mobile at 71% against LoanMagic's 0%. loanDepot Mobile also leads on rating (4.9 vs 4.0) and ratings volume (4.9K vs 4). LoanMagic's advantage is monetization model (free vs free with in-app purchases) and iOS requirement (9.0 vs 15.0). On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

loanDepot Mobile holds the better App Store score, 4.9 against 4.0. That said, the two scores are not equally well evidenced: loanDepot Mobile has 4.9K ratings behind it against 4, so its average is the more settled of the two. Written reviews point the same way: 0% of LoanMagic's written reviews are positive against 71% of loanDepot Mobile's.

LoanMagic ships an update monthly, loanDepot Mobile every 3 weeks. The most recent releases landed on November 2, 2026 and November 3, 2026 respectively.

## The numbers

| Metric | LoanMagic | loanDepot Mobile |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.0 (4 ratings)](https://appshunter.io/ios/app/loanmagic/id1327566675/reviews) | **[4.9 (4.9K ratings)](https://appshunter.io/ios/app/loandepot-mobile/id1600224229/reviews)** |
| Number of ratings | 4 | **4.9K** |
| Positive reviews | 0.0% of reviews | **70.8% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Monthly | **Every 3 weeks** |
| Monetization | **Free** | Free with in-app purchases |
| Size | 123 MB | 41 MB |
| Requires iOS | **9.0** | 15.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [DocMagic, Inc.](https://appshunter.io/developer/1327566674) | [loanDepot.com, LLC](https://appshunter.io/developer/1610636511) |

## What reviewers say

### LoanMagic

[App page](https://appshunter.io/ios/app/loanmagic/id1327566675)

Manage your home loan from start to finish. Track real-time progress, securely share and sign documents, and communicate directly with your mortgage team. Stay organized and informed throughout the entire loan process.

**Highlights:** Real-time loan status updates, Secure document upload and sharing, In-app document signing, Direct messaging with mortgage team, Calendar integration for important dates, Encrypted file sharing via cloud services

**Features:** macOS Compatibility

**In-app purchases:** none


### loanDepot Mobile

[App page](https://appshunter.io/ios/app/loandepot-mobile/id1600224229)

Manage your mortgage payments, view loan balances, and access important documents securely. Set up autopay, track payment history, and go paperless with convenient alerts and statement access.

**Highlights:** Make and schedule mortgage payments, Set up automatic payments, View payment history and status, Track loan balances and escrow, Access loan documents and statements, Manage linked bank accounts, Configure account alerts

**Features:** Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 Easy to make payments
- 👍 Convenient to view loan details
- 👍 User-friendly app
- 👍 Stable and no apparent bugs
- 👍 Helpful customer service

**What reviewers complain about**

- 🐛 App freezes or doesn't function properly
- 🐛 Unable to make payments through the app
- 🐛 Inability to link loan account
- 🐛 Inconsistent login credentials between app and website
- 🐛 Lack of auto-pay or bi-weekly payment options

**Reported bugs**

- App constantly freezes when trying to make payments
- App doesn't recognize login credentials
- Unable to link loan account to the app

**Requested features**

- Allow principal-only payments to be queued
- Bring more website functions to the app
- Add ability to see current property value
- Implement auto-pay and bi-weekly payment options


## Frequently asked questions

### Is LoanMagic free?

LoanMagic is free to download, with no in-app purchases.

### Is loanDepot Mobile free?

loanDepot Mobile is free to download, with no in-app purchases.

### Which has better reviews, LoanMagic or loanDepot Mobile?

loanDepot Mobile is rated higher. LoanMagic averages 4.0 out of 5 from 4 ratings, while loanDepot Mobile averages 4.9 from 4.9K ratings.

### Do LoanMagic or loanDepot Mobile have ads?

Neither LoanMagic nor loanDepot Mobile shows ads.

### Which is updated more often, LoanMagic or loanDepot Mobile?

LoanMagic ships an update monthly, and loanDepot Mobile every 3 weeks. Most recently, LoanMagic was updated on November 2, 2026 and loanDepot Mobile on November 3, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*