Mortgage lending and servicing

What is loanDepot?

Mortgage lending and servicing company with $974.0M 2025 revenue net of interest expense and retail and partner mortgage lender with servicing portfolio and digital mortgage operations.

Category
Mortgage lending and servicing
Headquarters
Irvine, CA
Founded
2010
Employees
Approximately 4,000
Total funding
Public company; no active VC funding profile
Status
NYSE: LDI; public company

What is loanDepot?

loanDepot is a mortgage lending and servicing company headquartered in Irvine, CA. Its latest public scale signal is $974.0M 2025 revenue net of interest expense.

loanDepot operates in mortgage lending and servicing and serves homebuyers, homeowners, mortgage brokers, affinity partners, and servicing customers. As of June 2026, the most durable scale signal is $974.0M 2025 revenue net of interest expense, with Approximately 4,000 and a platform spanning Retail mortgage lending, Partnership lending, HELOC, Refinance, Purchase loans. The company should be evaluated through public filings, investor relations material, and official leadership pages rather than private-market funding databases.

The operating footprint combines local market execution with centralized technology, data, finance, compliance, and procurement functions. For vendors, the strongest buying motion maps to business units that own measurable outcomes: revenue conversion, transaction throughput, servicing quality, risk, data quality, customer acquisition cost, or operating expense.

Because loanDepot is a public company, seller research should focus on disclosed segment performance, leadership changes, acquisition history, office footprint, and the systems behind regulated or transaction-heavy workflows. retail and partner mortgage lender with servicing portfolio and digital mortgage operations gives the account enough complexity for enterprise selling, but buying cases still need a direct line to reported operating metrics.

What does loanDepot offer?

loanDepot offers Retail mortgage lending, Partnership lending, HELOC, Refinance, Purchase loans, Mortgage servicing and related services for homebuyers, homeowners, mortgage brokers, affinity partners, and servicing customers.

  • Retail mortgage lending· Offering
  • Partnership lending· Offering
  • HELOC· Offering
  • Refinance· Offering
  • Purchase loans· Offering
  • Mortgage servicing· Offering
  • mello technology· Offering
  • Digital loan application· Offering

How does loanDepot make money?

loanDepot earns origination gain-on-sale revenue, servicing revenue, interest-related revenue, and partner-channel economics across purchase and refinance mortgages.

loanDepot earns origination gain-on-sale revenue, servicing revenue, interest-related revenue, and partner-channel economics across purchase and refinance mortgages. The most important unit economics are not generic subscription seats; they are the reported revenue, margin, transaction, credit, servicing, premium, fee, or portfolio metrics tied to the company's segment disclosures.

Mortgage economics vary by product, rate, borrower profile, points, fees, channel, and investor execution; servicing revenue depends on portfolio size and MSR values. Growth is driven by a mix of demand generation, pricing discipline, conversion, retention, risk management, lower fulfillment cost, better data, and channel productivity. In the current rate and housing environment, operating leverage and balance-sheet discipline matter alongside top-line growth.

For B2B sellers, budget opens fastest where the product improves a metric management already reports or discusses with investors. Strong cases quantify faster close cycles, better lead conversion, lower servicing cost, higher agent or borrower productivity, reduced compliance risk, improved data quality, or more resilient infrastructure.

Who leads loanDepot?

loanDepot is led by Anthony Hsieh, Founder and CEO, with finance, operations, technology, and business-unit leaders shaping major buying decisions.

  • Anthony HsiehFounder and CEOFounder; returned as CEO in 2025Leads loanDepot 2.0 and mortgage growth strategy.
  • David HayesChief Financial OfficerCFO since 2023Leads finance and public-company reporting.
  • Tom FiddlerPresident of Retail LendingExecutive leadershipLeads retail mortgage production.
  • Dan PenaPresident of Partnership LendingExecutive leadershipLeads partnership-channel production.

How do you contact loanDepot's leadership?

loanDepot publishes company-level investor, media, or corporate contact routes, but the reviewed sources do not establish personal executive emails as the official way to reach leaders. Use the public contact route listed here and treat any inferred personal address as unverified unless the company publishes it.

Email formatinvestorrelations@loandepot.com; personal executive email format not verified

How much funding has loanDepot raised?

loanDepot is best understood through public-company capital markets, not an active venture funding profile.

loanDepot is a public company, so the relevant capital profile is public equity, operating cash flow, debt, acquisitions, share repurchases, dividends where applicable, and strategic transactions rather than seed or Series A through Series D rounds. The major capital events are: 2010 Founded (Anthony Hsieh founds loanDepot.); 2021 IPO (loanDepot lists on the NYSE.); 2022 Vision 2025 reset (Company restructures during mortgage downturn.); 2025 Founder returns as CEO (Anthony Hsieh returns to permanent CEO role.); 2025 $974.0M revenue net of interest expense (Annual revenue measure reported in the 2025 Form 10-K.).

The latest durable capital signal is 2025 $974.0M revenue net of interest expense: Annual revenue measure reported in the 2025 Form 10-K.. Daily market capitalization changes, so this profile uses status, filing data, revenue scale, and announced strategic transactions as the more stable view.

For sellers, the funding implication is mature buying capacity with mature controls. Expect procurement, security, legal, compliance, finance, and business-unit review, and anchor the case to revenue growth, risk reduction, transaction conversion, servicing efficiency, claims or credit quality, or operating-cost savings.

How did loanDepot get here?

loanDepot's history is defined by founding, public-market or strategic capital events, product expansion, and current operating scale.

  1. 2010FoundedloanDepot begins as a nonbank mortgage lender.
  2. 2017mello platformCompany invests in digital mortgage technology.
  3. 2021Public listingLDI goes public.
  4. 2022Market downturnHigher rates force cost and channel reset.
  5. 2025Founder CEO returnAnthony Hsieh returns to the helm.
  6. 2026loanDepot 2.0Company emphasizes productivity and retail/partner focus.

Who are loanDepot's competitors?

loanDepot competes with public and private companies that target similar customers, workflows, or transaction economics.

  • Rocket MortgageScaled direct-to-consumer mortgage origination and servicing platform.
  • United Wholesale MortgageLargest wholesale mortgage channel competitor.
  • PennyMacProducer-servicer with correspondent, consumer, and servicing channels.
  • RateRetail mortgage lender formerly branded Guaranteed Rate.
  • Mr. CooperMortgage servicing brand now part of Rocket.

loanDepot — frequently asked questions

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