loanDepot (NYSE:LDI) (NYSE: LDI) is a leading nonbank consumer lender in the United States that specializes in residential mortgage lending and related financial services. Through its proprietary digital platform, the company offers streamlined origination and servicing of home loans, catering to borrowers seeking purchase and refinance solutions. With a focus on technology-driven workflows, loanDepot aims to enhance the borrower experience by simplifying application processes and reducing turnaround times.
The company’s product portfolio includes conventional conforming loans, government-insured FHA, VA and USDA mortgages, jumbo loans, and non‐qualified mortgage (non-QM) products designed for self-employed or nontraditional income borrowers. In addition to home purchase and refinance financing, loanDepot provides home equity lines of credit (HELOCs) and renovation loans, as well as ancillary services such as mortgage servicing, title and appraisal services through its Mello subsidiary. The integrated platform allows borrowers to track progress online, access educational tools and receive personalized support from licensed loan officers.
Founded in 2010 by Anthony Hsieh and headquartered in Foothill Ranch, California, loanDepot has grown rapidly through a combination of organic expansion and strategic investments in digital infrastructure. The company’s management team is led by President and Chief Executive Officer Frank Martell, a seasoned financial services executive, and Chief Financial Officer Bill Cosgrove. Under their leadership, loanDepot has emphasized scalable technology, compliance rigor and customer-centric processes.
loanDepot serves borrowers nationwide through its direct-to-consumer model, digital channels and a network of licensed mortgage professionals. By leveraging data analytics and automated decisioning, the company seeks to maintain competitive pricing and underwriting flexibility. As the mortgage market evolves, loanDepot continues to invest in innovation and partnerships aimed at delivering a seamless home financing experience for a diverse range of customers across the United States.
