SMART LENDING SOLUTIONS
SMART LENDING SOLUTIONS
WHY ORIGINATORS LOVE WORKING WITH US loanDepot Wholesale is the third-party origination channel of loanDepot, America’s Lender. Serving mortgage Brokers in 48 states and the District of Columbia, the division delivers an integrated and seamless technology-based lending experience for Business Partners and Customers. With a focus on Customer Service and transparency, loanDepot Wholesale offers a competitively priced suite of Conventional, FHA, VA, Jumbo, and Renovation loan products. loanDepot LLC, NMLS #174457. Learn more at www.LDWholesale.com.
UNDER ONE GREAT COMPANY An innovator since its inception in 2010, loanDepot continues to disrupt the lending industry with its focus on creating the technologies needed to deliver seamless borrowing experiences to its customers. loanDepot debuted the industry’s first end-toend fully digital loan, the mello smartloan™, in 2019. The company has funded over $350 billion since its founding, and currently ranks as the second largest nonbank lender and one of the leading retail mortgage lenders in the U.S. loanDepot.com LLC, NMLS #174457.
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SMART LENDING SOLUTIONS
TOP LENDER
WHOLESALE
FIVE
48
IN THE U.S.
CURRENTLY LENDING IN
STATES + DC
AGENCY
APPROVED
3
FNMA, FHLMC, GNMA
SELLER AND SERVICER
OPERATIONS BRANCHES NATIONWIDE
+$42B
FUNDED SINCE 2014
62
ACCOUNT EXECUTIVES
SMART LENDING SOLUTIONS
ANTHONY HSIEH
JEFF WALSH
MIKE KLOTZ
MISTI SNOW
Anthony Hsieh is a lifelong entrepreneur, the chairman, chief executive officer, and founder of loanDepot. 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. Anthony launched loanDepot in 2010 with a commitment to responsible lending and customer-first service.
Jeff Walsh is the senior executive vice president, chief revenue officer at loanDepot. Jeff has been instrumental in transforming the technological development of loan products, production and operations of wholesale lending, and enterprisewide operational systems. Under Jeff’s leadership, the company’s wholesale channel has become the broker partner of choice for independent licensed loan officers nationwide. Jeff brings with him more than 20 years of experience in mortgage lending.
Michael Klotz leads loanDepot Wholesale’s strategic growth initiatives as Senior Vice President, Sales. In this role, he is responsible for margin management, Sales P&L management, and collaborating with multiple corporate departments to execute key initiatives that span across Sales and Operations. Mike has 30 years of industry experience, with extensive knowledge of Wholesale lending channels.
Misti Snow leads loanDepot Wholesale’s long-term strategic vision as Senior Vice President of Operations. Having joined loanDepot Wholesale in December 2013, Misti oversees the growth and production of the company’s origination branches, as well as corporate training and development. Misti brings over 20 years of nationwide mortgage experience that spans across retail and wholesale lending platforms with experience in credit, compliance and fulfillment process.
Chairman & CEO
Sr. EVP, Chief Revenue Officer
Senior Vice President, Sales
Senior Vice President, Operations
SMART LENDING SOLUTIONS
EXPERIENCE THAT SPEAKS VOLUMES Our leadership’s values are reflected in our culture, a driving-force in loanDepot Wholesale’s rapid rise to become a top five mortgage lender nationally. As your partner, it’s our mission to deliver a prompt, integrated, and seamless technology-based lending experience. Our team of knowledgeable and dedicated mortgage professionals provide exceptional service at every touch to ensure your success.
• Team of seasoned mortgage professionals • High-quality customer service • Industry leading tools and resources • C ompetitive pricing across an extensive suite of loan products • Fast and efficient operations teams
SMART LENDING SOLUTIONS
LASER SHARP FOCUS Our accelerated growth is no accident. When you choose to align with a trusted lending partner, you’ll gain a powerful network of specialists armed with product, technology, and know-how. •
Exceptional Customer Service: We take pride in being proactive and responsive to our Partner’s needs.
•
Diverse Product Set: We offer a broad range of mortgage loan products that create value for both Partners and Borrowers.
•
Competitive Pricing: We leverage a high-volume loan pipeline and experienced capital markets team to create efficiencies and pass savings on to our Brokers and their Borrowers.
•
Integrated Technology: We custom-built our online mello® Broker Portal and loan origination system to help our Partners maximize productivity and enjoy an integrated loan origination experience.
•
trength and Stability of an Industry Leader: We are supported by the financial strength and experience of loanDepot, LLC, the S nation’s second largest nonbank consumer lender.
With our commitment to Brokers, you can count on a reliable Partner who’s geared up to tackle any unforeseen challenge.
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EACH DAY, WE STRIVE TO BE THE LENDER OF CHOICE BY BUILDING SUCCESSFUL LONG-TERM RELATIONSHIPS WITH OUR ORIGINATION PARTNERS. WE HAVE AMBITIOUS GOALS TO IMPROVE THE BROKER EXPERIENCE FOR YEARS TO COME. OUR INVESTMENT IN BOTH PRODUCT AND PROCESS VALIDATES OUR RESOLVE TO HELP EACH PARTNER SUCCEED. – Jeff Walsh
SR. EVP, CHIEF REVENUE OFFICER
W
E HAVE BROKER RELATIONSHIPS OVER 20 YEARS STRONG. WITH THAT EXPERIENCE COMES THE ABILITY TO ANTICIPATE CHALLENGES AND BRING TANGIBLE RESULTS.
9
OUR NATIONAL FOOTPRINT
CURRENTLY LENDING IN
48 STATES + DC
Currently Lending Future Opportunities
COAST-TO-COAST PRESENCE
SMART LENDING SOLUTIONS
DIVERSE PRODUCT SET
CONFORMING LOAN PROGRAMS •
Conforming ARM - LPA
•
Conforming Fixed - DU & LPA
•
Conforming / High Balance ARMs - DU
•
Conforming / High Balance (DU) 1/0 Temporary Buydown
•
Co-op Conforming / High Balance Fixed
SMART TERM LOAN PROGRAMS •
smart Term Co-op Fixed Rate
•
smart Term Conforming (DU)
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smart Term Conforming Fixed (LPA)
•
smart Term High-Balance Fixed (DU)
•
smart Term Super Conforming Fixed (LPA)
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High Balance / Super Conforming Fixed - DU & LPA
•
Home Possible® Mortgages (LPA)
•
HomeOne® Mortgages
•
HomeReady® Mortgage (DU)
•
loanDepot Select (W2 Only)
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Super Conforming ARM - LPA
•
Texas Homestead Refinance Matrix (DU)
•
Texas Homestead Refinance Matrix (LPA)
JUMBO LOAN PROGRAM
GOVERNMENT LOAN PROGRAMS •
FHA Fixed / ARM
RENOVATION LOAN PROGRAMS
•
FHA Streamline
•
VA Fixed / ARM
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Jumbo Advantage Express
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FHA 203(k) Limited
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VA High LTV Cash-Out Fixed
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FHA 203(k) Standard
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VA IRRRL Fixed / ARM
•
®
HomeStyle Renovation
Expanded Purchasing Options – Offer your Borrowers more options with our extensive product offerings. CD Express – Reduce loan turn time through CD Express, an enhanced process which allows Broker Partners to request a Closing Disclosure prior to satisfaction of conditions. Appraisal Order – Order the appraisal within mello® Broker Portal at the Borrower’s expense, prior to loan submission. Express Disclosures – We draw the Borrower’s Initial Disclosures on your behalf, helping your loans close faster. Non-Delegated Correspondent – Take your business to the next level. Our NDC channel allows you to close and fund loans in your name.
YOUR PURCHASE LENDER OF CHOICE
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TURBOCHARGED PURCHASE PRODUCTS & SERVICES
WE ARE PROUD OF WHERE WE ARE TODAY AND EXCITED ABOUT WHERE WE ARE HEADED; AS WE CONTINUE TO REMAIN DEDICATED TO GROWTH, INNOVATION, AND EXCEEDING OUR CUSTOMERS’ EXPECTATIONS. – Misti Snow SENIOR VICE PRESIDENT, OPERATIONS
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SMART LENDING SOLUTIONS
SMART LENDING SOLUTIONS
USER BENEFITS •
Create multiple loan scenarios and comparison documents for Borrowers
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1003 visibility with edit functionality
•
Create an accurate Initial Disclosure packages within minutes
•
Track loan status in real time
•
Easily upload loan documentation via a secure server
THE FUTURE OF LENDING TECHNOLOGY We built our propriety mello® Broker Portal with our partners’ experience in mind. Our goal is to streamline the process for Brokers, regardless of their experience in using technology. Our primary focus for the mello® Broker Portal is provide a self-service system where Brokers can achieve the best results for their customers in less time.
CONTINUED OPTIMIZATION •
Streamlined rate-lock extensions
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Enhanced conditions screen and simplified CD request process
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Dual AUS - get DU and LPA findings simultaneously
•
More information at your fingertips
DON’T TAKE OUR WORD FOR IT.
HEAR WHAT OUR PARTNERS HAVE TO SAY…
“You guys ALWAYS come through! I seriously trust no one
“Just need to say you are awesome! I have done Renovation
else in this industry. I feel like I am always asking so much of
loans with other companies. None of them do all the paper
you guys yet you always deliver. Thank you again and again!”
chasing and work that you do. Amazing! My Renovation
Aryn, CA loanDepot Wholesale Partner
loans are going to you from now on.”
Nathan, NY loanDepot Wholesale Partner
“Amazing! Thank you! You have been so awesome to work with. And I know that it’s hard to read a tone through email, but I was always able to tell that you cared about the file and the Borrower and that is priceless! I really can’t thank you enough, Thank you!!!”
Denise, NY loanDepot Wholesale Partner
“Pending Payoff Notifications are a nice benefit working with loanDepot Wholesale! I reached out to my previous Borrower as soon as I got the notification. He is moving across country for his job and is selling his home so no business for us there, but I am glad to have the opportunity to reconnect with him. I’ve shed plenty of lenders due to their “whole-tailing”
“Awesome! This is my first deal with loanDepot Wholesale
and I am thrilled to see that loanDepot Wholesale does not
and it’s been a great experience. I’ll be sure to send more!”
practice that.”
Wes, GA loanDepot Wholesale Partner
Shelli, WA loanDepot Wholesale Partner
DEDICATED & EXCEPTIONAL SERVICE
RANKED #4 2020
TOP WHOLESALE VOLUME
Scotsman Guide
loanDepot Wholesale continues to reach new heights thanks to our Broker Partners. We are proud to be ranked among the Top Five Wholesale Lenders in 2020 Scotsman Guide.
SMART LENDING SOLUTIONS
THE FUTURE IS EVEN BRIGHTER OUR STORY IS LONG FROM OVER. THIS IS JUST THE
FIRST CHAPTER. AS WE ALL UNITE TOGETHER UNDER
THE POWERFUL LOANDEPOT BRAND, WE’RE MAKING HUGE INVESTMENTS IN OUR FUTURE - IN BRAND
RECOGNITION, TECHNOLOGY, AND PEOPLE - PUMPING A BILLION DOLLARS BACK INTO THE ECONOMY EVERY YEAR. WE ARE SETTING THE PACE, AND OTHERS ARE
WATCHING, FOLLOWING US AND TRYING TO EMULATE US... WE ARE POSITIONED TO WIN THE NEXT 93 YEARS AS WE BUILD A 100 YEAR OLD BRAND TOGETHER. – ANTHONY HSIEH Chairman & CEO
© Copyright 2021 - Information contained herein is provided to assist real estate professionals and is not an advertisement to extend consumer credit as defined by section 1026.24 of Regulation Z. loanDepot Wholesale, a division of loanDepot. com, LLC at 2600 Michelson Drive, Suite 1400, Irvine, CA 92612. NMLS ID 174457 (www.nmlsconsumeraccess.org)