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loanDepot - About the company

loanDepot is a public company based in Lake Forest (United States), founded in 2010 by Anthony Hsieh. It operates as a Mortgage lender providing home loans, refinancing, and home equity solutions. loanDepot has raised $71.9M in funding from Parthenon Capital. The company has 906 active competitors, including 35 funded and 89 that have exited. Its top competitors include companies like Better Mortgage, Freedom Mortgage and Pennymac.

Company Details

Mortgage lender providing home loans, refinancing, and home equity solutions. The company is a comprehensive financial institution specializing in various mortgage products and services. They empower individuals in their homeownership journey by offering options to buy a home with fixed-rate mortgages, adjustable-rate mortgages, VA loan programs, and FHA mortgages. They also provide opportunities to get cash through home equity loans, cash-out refinancing, and personal loans. Customers can lower their monthly payments through refinancing options. The company offers tools and resources like a knowledge cafe, first-time homebuyer resources, mortgage calculators, and a home search platform. They provide customer service through phone, email, and a mobile app for managing loans, making payments, and exploring new products. The company focuses on purchase, refinance, and home equity solutions.
Social
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Registered Address
Foothill Ranch, California
Key Metrics
Founded Year
2010
Location
Lake Forest, United States
Stage
Public
Total Funding
$71.9M in 5 rounds
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
5,774 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

loanDepot's IPO details

loanDepot got listed on Feb 11, 2021.
Click here to take a look at loanDepot's IPO in detail
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loanDepot's funding and investors

loanDepot has raised a total funding of $71.9M over 5 rounds. Its first funding round was on Jan 05, 2010. loanDepot has 1 institutional investor.

Here is the list of recent funding rounds of loanDepot:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 09, 2016
6369249
Conventional Debt
5732687
3239718
5882289
1022084
Jan 21, 2016
5373240
Series C
2484691
2002721
4189300
4676207
Apr 13, 2015
4547054
Series B
8585869
9661671
1326978
6937014
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loanDepot's founders and board of directors

Founder? Claim Profile
The founders of loanDepot is Anthony Hsieh.
Here are the details of loanDepot's key team members:

loanDepot's employee count trend

loanDepot has 5,774 employees as of Aug 26. Here is loanDepot's employee count trend over the years:
Employee count trend for loanDepot
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loanDepot's Competitors and alternates

Top competitors of loanDepot include Better Mortgage, Freedom Mortgage and Pennymac. Here is the list of Top 10 competitors of loanDepot, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Better Mortgage
Better Mortgage
2014, New York City (United States), Series E
Online marketplace offering residential mortgage loans for consumers
$980M
77/100
2nd
Logo for loanDepot
loanDepot
2010, Lake Forest (United States), Public
Mortgage lender providing home loans, refinancing, and home equity solutions
$71.9M
71/100
3rd
Logo for Freedom Mortgage
Freedom Mortgage
1990, Mount Laurel Township (United States), Funding Raised
Home loans provider
-
67/100
4th
Logo for Pennymac
Pennymac
2008, Westlake Village (United States), Public
Provider of home loan origination and servicing solutions. This company offers a full suite of mortgage products, including purchase loans, refinance options, and home equity loans. They support various loan types, such as conventional, FHA, VA, and jumbo loans. The company also provides comprehensive support services for existing loan holders, including account management and payment processing. They utilize a combination of online platforms and dedicated loan officers to assist customers throughout the entire loan process.
-
-
65/100
5th
Logo for Rocket Mortgage
Rocket Mortgage
1999, Detroit (United States), Public
Online platform for mortgage loans
-
-
64/100
6th
Logo for Rate
Rate
2000, Chicago (United States), Late Stage
Provider of mortgage loans
-
61/100
7th
Logo for NewRez
NewRez
2008, Washington (United States), Funding Raised
Provider of an online lending platform for mortgage loans
-
61/100
8th
Logo for Veterans United Home Loans
Veterans United Home Loans
2002, Columbia (United States), Unfunded
Home loans provider
-
-
60/100
9th
Logo for Mr. Cooper
Mr. Cooper
1994, Dallas (United States), Acquired
Provider of an app-based platform for residential mortgage loans
-
59/100
10th
Logo for Mr. Cooper Group
Mr. Cooper Group
1994, Dallas (United States), Public
Provider of financial services
-
-
58/100
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Looking for more details on loanDepot's competitors? Click here to see the top ones

loanDepot's Investments and acquisitions

loanDepot has acquired 2 companies including Closing USA and Mortgage Master. loanDepot has not made any investments as of now.

Reports related to loanDepot

Here is the latest report on loanDepot's sector:

News related to loanDepot

lockFilter this list
Media has covered loanDepot for a total of 24 events in the last 1 year, 12 of them have been about company updates and 3 about people movement.
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loanDepot Announces Second Quarter 2026 Financial ResultsBusiness Wire•Aug 05, 2026•loanDepot
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FAQs about loanDepot

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