Details

Last Funding Type

Debt Financing

Last Funding Money Raised

$150M

Industries

Banking,Finance,Financial Services,Real Estate

Founded date

Jan 1, 2010

Number Of Employee

5001 - 10000

Operating Status

Active

Stock Symbol

nyse:LDI

Legal Name

loanDepot.com, LLC

loanDepot is the third-largest private, independent retail mortgage lender in the U.S. and provides residential loans. loanDepot’s current business channels include direct lending, affinity, branch retail, and servicing. The innovative online consumer direct lending platform operates under the loanDepot brand. The company is also a leader in a distributed branch purchase platform under the imortgage brand. loanDepot currently has more than 2,200 employees and more than 700 licensed loan officers serving all 50 states.

Licensed in all 50 states, loanDepot is an approved seller/servicer to Fannie Mae, Freddie Mac, and Ginnie Mae and services a majority of the loans it originates. Its product lineup includes FHA, HARP, VA, and Jumbo loans.

The company opened its doors for business in 2010 following the U.S. financial meltdown and was founded on the principles of fair and ethical lending, with a customer-centric strategy to deliver great service and competitive rates. loanDepot’s CEO and Chairman is an industry veteran Anthony Hsieh, an innovator in the mortgage lending industry. The loanDepot leadership team is comprised of seasoned executives who have helped lead some of the largest and most successful mortgage companies and financial institutions in the U.S

loanDepot has acquired 2 organizations. Their most recent acquisition was Mortgage Master on Nov 13, 2014. They acquired Mortgage Master for 0.

Date Company Name	Industry	Acquisition Type	Price
Nov 13, 2014 Mortgage Master	Banking	acquisition	—	Detail
Dec 1, 2016 Closing USA	Commercial Real Estate	acquisition	—	Detail