loanDepot was founded in 2010 on the principles of fair and ethical lending, with a customer-centric strategy to deliver mortgage and non-mortgage loans with great service and competitive rates. We are a national, nonbank lender serving consumers across the nation.
Our 5,200+ employees, including more than 1,700+ licensed loan officers, are supported by a leadership team of executives who have led some of the largest and most successful financial services companies in the United States. At the helm is loanDepot Chairman and CEO Anthony Hsieh, a lending industry veteran known for his integrity and innovation.
loanDepot is licensed in all 50 states and operates four online direct-lending business centers, with its headquarters in Foothill Ranch, CA. The company also operates 150+ loan stores nationwide.
loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac, FHA, VA and Ginnie Mae lending products. NMLS# 174457
An emerging-growth lending technology company
loanDepot is transforming the lending model by integrating sound lending disciplines, efficient lead-delivery systems and predictive data science into an efficient technology platform that streamlines the lending process from origination through servicing of mortgage and non-mortgage loan products.
Hsieh, who founded loanDepot after playing a critical role in developing LoansDirect.com, E*TRADE Mortgage, and LendingTree, attracted a talented and experienced leadership team to create an efficient, legacy-free lending platform that would re-instill confidence and trust in a highly fragmented market.
In just five years, loanDepot has become the nation's second largest nonbank consumer lender and its second largest nonbank retail mortgage lender. Our rapid growth in market share demonstrates the need for a consumer-focused alternative to traditional bank-owned lenders.
Our engineered balance of distribution channels, including consumer direct, retail branches, wholesale, consumer finance and servicing are unified by an unrelenting focus on reclaiming the American dream for millions of borrowers nationwide.
Consistent, sustainable growth
Our consistently strong balance sheet, free cash flow and revenue and market share growth demonstrate the inherent structural advantages of our scalable platform. Positioned for continued growth as a diversified nonbank financial services company, we will leverage our strength and entrepreneurial spirit to aggressively diversify our origination flow as a natural extension of who we are: a complete consumer lender who is diversified and well-capitalized to grow market share and remain sustainable in all market conditions.
In 2015, loanDepot expanded into marketplace lending to create a new category of consumer lending with mortgage at its foundation. With the launch of our first personal loan products, we will remain a trusted lending source for consumers as they turn away from national bank brands to non-mortgage personal loans.