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3.4
31 ratings
4.1
Salary & Benefits
3.2
Professional growth
3.4
Work-Life balance
3.2
Recognition & Support
3.0
Culture & Values
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Established by Anthony Hsieh, a mortgage industry innovator loanDepot is committed towards developing a straightforward mortgage experience to meet and exceed client’s expectations. Since its inception in 2010, the company has grown to become the country’s fifth largest retail mortgage lender as well as the second largest nonbank retail originator, funded more than $248 billion. loanDepot works with a vision to render client an exceptional level of care and assist them in achieving their financial goals. To achieve this, the company employs a best team of 9,000-plus members who not only provides clients an expert guidance but also them to achieve their financial goal. Till date, loanDepot expert team has assisted more than 25,000 customers. Alongside, the company also design mello® software platform that empowers every loan transaction and bring together mello™ smartloan, the world’s first end-to-end fully digital mortgage. Through this proprietary software, loanDepot ensures that client’s each transaction is fast, straightforward, and flawless.

Company - Private
Large
Multiple locations
Credit Intermediation Companies
2010
What departments loanDepot employees work at?
DepartmentsRatio
Credit / Loan42.9%
other occupation19.7%
Computer / IT8.1%
Sales Managers & Supervisors7.4%
Administrative - Other6.7%
Financial Analysts and Advisors5.6%
Management5.4%
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Team

Professional experience

How many years of experience do loanDepot employees have before joining?
Years of experience at loanDepot: Newcomers: 16%, Experiencers: 16%, Experts: 22%, Veterans: 46%. loanDepot employees have 8+ years experience on average before joining.
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Where did loanDepot employees work before joining?
Where they've worked before loanDepot: Bank of America, Caliber Home Loans, loanDepot (formerly imortgage). Typical loanDepot employees have worked at Bank of America.
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Bank of America
Caliber Home Loans
loanDepot (formerly imortgage)
What industries did loanDepot employees work in previously?
Industry Background: The most typical industries of loanDepot: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Investment Banking & Securities Brokerage Firms, Finance & Insurance Companies, Consulting Companies. loanDepot employees most likely come from a Commercial Banking Companies industry background.
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Where did loanDepot employees work before joining?
Past employers' size at loanDepot: Small: 30%, Medium: 18%, Large: 52%. Most loanDepot employees have previously worked at large companies.
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Educational background

What did employees at loanDepot study?
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Where did employees at loanDepot study?
Arizona State University-Tempe
California State University-Fullerton
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Employee data

How long do people stay in a role at loanDepot?
Time employed at loanDepot: <1: 15%, 1-3: 50%, 4-8: 30%, 9-13: 4%, 14-20: 1%, 20+: 0%. Most loanDepot employees stay with the company for 1-3 years which is less than the industry average.
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How does loanDepot rank for age & gender diversity?
Gender ratio at loanDepot: 63.1% Male and 36.9% Female. Age ratio at loanDepot: 16-20: 0%, 21-30: 34%, 31-40: 33%, 41-50: 21%, 51-60: 10%, 60+: 2%. loanDepot rates - 6.1% less female than the industry average. Most loanDepot employees are 21-30, which is below the industry median age range.
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Career advancement

How does loanDepot rank for career advancement?
Career advancement at loanDepot: low. loanDepot ranks low for career advancement which is same as the industry average.
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