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.
In July 2020, Money.Com listed loanDepot as being the best financial company for refinancing a mortgage.
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.
