Yousuf Shah, a senior licensed lending officer on #TeamloanDepot, is a shining example of how bright, talented and motivated individuals can exceed their career goals at loanDepot, LLC.
Had it not been for loanDepot, our newest ACES graduates most likely would have never met – much less become a tight-knit team of friends and colleagues. But, after 12 weeks of rigorous training and testing through our industry-leading Accelerated Career in Effective Sales (ACES) program, these 23 talented team members are ready to provide our borrowers with the products they need to make their financial dreams a reality.
At loanDepot, we never stop looking for opportunities to provide our borrowers with the products they need to make their financial dreams a reality. Today, we marked yet another exciting milestone with the origination of our first home equity loan (a closed-end second mortgage) as part of an early pilot program for our recently announced home equity loan product line. We’re proud to celebrate this exciting milestone as a coast-to-coast team of 4,300.
China’s financial turmoil created volatility in equity markets and moved interest rates down as the 30-year mortgage rate dropped to 3.84 percent, the lowest mark since May and the fifth consecutive week with a rate below 4 percent, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS).
Despite being more than 4,300 strong and growing, loanDepot is very much a company of entrepreneurs working toward a unified goal of delivering excellence in all we do. That effort is led by Anthony Hsieh, our CEO, chairman and founding entrepreneur.
Every day, we challenge ourselves to think big, dream bigger and strive to knock it out of the park for our borrowers. This fast-paced, dynamic environment requires a commitment to bringing your 'A' game to every project. So where would you expect to find us after hours? Doing the same on the softball field!
At loanDepot, employees are our greatest and most valuable asset. So investing in their success with ongoing development and training is at the core of our corporate DNA. As part of this commitment to investing in our employee's future and career development, we’ve developed a new training program for our processing superstars.
Being a good leader and a great mentor are always top of mind for #TeamloanDepot’s Ronni Anchondo. As loanDepot’s Director of Processing, Ronni joined the company in July of 2011 as a Processor and was quickly promoted to Processing Manager, and then again to her current role in just four years.
Wells Fargo recently announced it would stop offering closed-end home equity loans partly because of the new requirements by the federal government that help consumers shop for loans and streamline the lending process. The consolidated-forms initiative, which takes effect Oct. 3, integrates and streamlines today’s current requirements by the Real Estate Settlement Procedures Act (RESPA) and Truth in Lending Disclosure (TRID).
As America’s lender, we know how to “rock it” when it comes to providing exceptional customer service, superior products and a best-in-class lending experience. So when Canadian recording super star Shania Twain’s “Rock the Country” tour arrived at Honda Center, it made perfect sense to recognize some of our own #TeamloanDepot super stars to celebrate their commitment to our borrowers.