Working at loanDepot | Glassdoor

loanDepot Overview

Foothill Ranch, CA
5001 to 10000 employees
2010
Company - Private
Finance
$1 to $2 billion (USD) per year
loanDepot is America’s lender. Offering home purchase and refinance loans, personal loans and home equity products, backed by next generation proprietary technology nationwide. Licensed in all 50 states, loanDepot generates loan production from five online business ... Read more

Mission: Our goal is to be the lender of choice for consumers and the employer of choice by being a company that operates on sound principles of exceptional value, ethics and transparency.

Company Updates

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    CEO Connect Brings Wisdom and Answers to Texas | loanDepot

    Our Plano office was in for a treat this week as our CEO on-the-go Anthony Hsieh rolled into town to share his views directly with the team gathered. Team members both recent and established alike gathered to hear an information-packed update from our leader.

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    Team loanDepot Hits the Road in Fortieth Chicago Marathon | loanDepot

    Jaunty race attire was on display along with big smiles this weekend as members of our Chicagoland team competed in the 40th annual Chicago Marathon, raising funds for Ronald McDonald House Charities (RMHC).

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loanDepot – Why Work For Us?


Disrupting Finance and Technology? That's loanDepot.

Scoring one of the "Best Places to Work" in less than ten years of its founding? That's loanDepot.

6,000 employees strong and constantly growing? Well, you get the idea...

Founded by Anthony Hsieh, loanDepot is a nonbank lender offering mortgage and nonmortgage lending products. As "America's Lender," loanDepot  takes a tech-first approach to  disrupting  the finance industry.

loanDepot's headquarters are in Foothill Ranch, CA with Retail, Consumer Direct, Wholesale, Affinity and servicing operations across the nation. loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae. loanDepot.com, LLC, NMLS # 174457.


 
Ethics and Integrity

We employ uncompromised ethical standards demonstrating honesty and fairness in every action we take. We treat one another with respect and value each other's contributions.

Taking Care of Our People

Employees are our most important asset and biggest competitive advantage. We celebrate successes and recognize achievement. We encourage feedback, suggestions and ideas to surface from anywhere within the organization. We appreciate multiple perspectives and diverse expertise.

Excellence

We are committed to Best in Class with integrity. We take ownership and accountability and aspire to flawless execution and quality. We embrace diverse backgrounds as we seek the best talent and promote its development.

Customer Care

We strive to exceed customer expectations through dynamic listening and timely responses. We consistently educate our customers and seek to continuously improve our service.

Entrepreneurial Spirit

Together we are passionate and determined to stimulate and embrace change and drive innovation. With a devoted sense of urgency, we always do more with less.


"Best place to work, hands down! Love the culture and it starts from the top,"  — Amy Costa

"loanDepot is a breath of fresh air for me. I truly look forward to coming into the office every day and can't wait to see what we have in store," — Keven Culp

"I knew why loanDepot was voted Best Place to Work in OC within the first few days of working here. A great place to work begins with great leaders and we've got them here!" — Heidi Powers

"If you are looking to be a part of a winning team, look no further. Invest the time to learn more about our incredible organization. If you want to take your career to new levels with a company that has strength and size and that promotes top talent, join us," — Paul Ramos

"Working at loanDepot has changed my family's life and the lives of our customers!" — Marcus Montrose

"We are a modern company and passionate about our industry. I'm thankful to call loanDepot home!" — Shelly Wood

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"loanDepot has the best culture in the industry. You are recognized by name, not as a number," — Susan Beattie, vice president


"We have always prided ourselves on delivering a better experience for our borrowers and referral partners alike," — Lisa Gustafson, loan consultant

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"I have worked with Anthony Hsieh since the beginning of my career and he has always been such a visionary. I knew loanDepot offered the opportunity for me to expand my lending experience and industry knowledge, and could help me take my career to the next level," — Jeniffer Martinez-Kim, funding lead

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Anthony Hsieh  - Founder and CEO
 

Anthony Hsieh is a lifelong entrepreneur and the chairman, chief executive officer and founder of loanDepot LLC, an emerging growth nonbank consumer lender.

He is a national mortgage industry expert and innovator who has successfully navigated through multiple housing and economic cycles spanning 30+ years. He is known for integrity, innovation and market timing.

In 1989 he acquired a mortgage brokerage company and quickly transformed it into LoansDirect.com just as the internet sector was taking off. The company remained one of the most profitable and successful mortgage lenders in the 1990s, and was acquired by E*TRADE Financial in 2001.

In 2002, Hsieh founded HomeLoanCenter.com, the first online lender to offer a full spectrum of home loan products in all 50 states featuring live interest rate quotes and loan offerings tailored to individual borrower needs and credit profiles. Hsieh continued to lead the business for three years after merging IAC/Interactive subsidiary Lending Tree in 2004.

Hsieh launched loanDepot in 2010 with a commitment to responsible lending and customer-first service. The company has nearly doubled in market share every year since 2012, and today employs approximately 4,500 people that includes 1,500+ licensed loan officers.

Always looking to the future, today Hsieh is leading loanDepot LLC into nonmortgage consumer lending to diversify the company's origination portfolio so it remains sustainable in all market conditions and is a national nonbank lender of choice.


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Dominick Marchetti - Chief Technology Officer

As Chief Technology Officer at loanDepot, LLC, Dominick Marchetti oversees the evolution of new technology to support the company's consumer-direct strategy on an enterprise level to enable the further expansion of new lending products across multiple platforms.

Marchetti came to loanDepot from Blueberry Systems, where he was chief operating officer, responsible for product development and the day-to-day operations of the company. Throughout his career, he has created a series of industry portals, credit companies, insurance platforms and an offshore company focused on business process outsourcing.

Marchetti graduated from the University of Arizona with a Bachelor of Science degree in economics.


loanDepot Reviews

3.9
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Approve of CEO
loanDepot Founder and CEO Anthony Hsieh
Anthony Hsieh
440 Ratings
  • "Human Resource"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter in Los Angeles, CA
    Current Employee - Underwriter in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at loanDepot full-time (Less than a year)

    Pros

    great people to work with very friendly and loves what they do which comes through when you speak to them by phone or e mail. Could not be happier. Human Resourses has been wonderful to work with and I feel like I have made new friends just from the hiring process. They are beyond great.

    Cons

    I have no negative option

    Advice to Management

    management has been great in every way

See All 658 Reviews

loanDepot Photos

loanDepot photo of: The recruiting team poses with our CEO!
loanDepot photo of: Come join the all-star team!
loanDepot photo of: Food Drinks Tech is the premier networking events for those in tech!
loanDepot photo of: Food Drinks Tech 7/13
loanDepot photo of: A special dinner for monthly top performers at our "25 and Dine" series.
loanDepot photo of: Happy July 4th, 2017!
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loanDepot Interviews

Experience

Experience
69%
12%
17%

Getting an Interview

Getting an Interview
37%
37%
16%
4
3
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0

Difficulty

2.7
Average

Difficulty

Hard
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Easy
  1. Featured Interview

     

    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through other source. I interviewed at loanDepot.

    Interview

    Invited to interview by branch manager within very short time after submitting resume. Greeting very warmly by front office staff. Interviewed by Branch and Processing Mngr together in a professional yet casual and friendly fashion. Mainly discussed experience listed on resume which they'd noticely marked with highlights, positive remarks and questions pertaining to previous experience.

    Interview Questions

    • How did I feel my talent and experience could be applied to the specific job   Answer Question
See All 189 Interviews

loanDepot Awards & Accolades

  • #1 Retail Lending Volume, Scotsman Guide, 2016
  • Top Workplaces, Top Workplaces, 2016
  • Top Workplaces, Top Workplaces, 2016
  • Fastest Growing Private Companies in America(#746), Inc. Magazine, 2015
  • Management Team of the Year(Financial Services and Banking), CEO World Awards, 2015
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