LoanDepot was founded in 2010 in Foothill Ranch, California, by current CEO Anthony Hsieh, former CEO of Lending Tree. The company offers financial assistance to consumers.
LoanDepot offers a range of consumer credit products, such as home loan products; home equity loans; and unsecured personal loans, as well as home and personal loan services. Via a Metasearch engine, the company matches consumers with banks or other loan companies. Mr. Hsieh has stated that the company is doing $2 billion in consumer loans each month.
The company is licensed in all 50 states, with California being their largest customer and New York right behind them. Headquarters are located in Foothill Ranch, California.