loanDepot

LoanDepot

TypePublic
Traded asNYSE: LDI
IndustryMortgage lending
Founded2010;
FounderAnthony Hsieh
HeadquartersLake Forest, California, U.S.
Productsconsumer mortgages, mello mortgage technology platform
Websitewww.loandepot.com
  • LoanDepot sells mortgage and non-mortgage lending products.
  • In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan officer.
  • In January 2018, the company announced two products:
    • Mello, a home improvement unit to allow contractors to offer financing to customers,
    • Mello Home, a platform to connect pre-approved buyers to realtors.
  • In September 2019, the company partnered with Century 21 Redwood Realty to form a new mortgage platform for the mid-Atlantic area, Day 1 Mortgage.
  • loanDepot went public on the New York Stock Exchange on February 11, 2021 under the ticker symbol LDI.

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