Expanding Business Opportunities

Expanding Business Opportunities with

lenderExpress and loanAdvantage What if the conversations around the water cooler were about you and the excellent customer experience provided by loanDepot throughout the home financing process?

They can be with loanAdvantage.

What if that bank was able to easily transfer those deals they can never do to you using loanDepot’s premier technology and competitive pricing?

They can with lenderExpress.

Let’s Explore the Opportunities

lenderExpress lenderExpress allows banks, credit unions, and lenders to contract with loanDepot as a Lending Partner. Lending Partners receive lender paid broker comp for completion of certain preliminary origination tasks.

Marketing Flyer

Trifold Brochure

The Process

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Loan Consultant (LC) receives notification of a new loan in email from Lending Partner (LP), containing:

LC onboards loan into mello™ and sends loan number to LP. LC inputs the LP source code in POS (same day).

Within 24 hours of entering a new loan into mello™, LP sends to LC:

LC uploads Certification Form and PDF of flood certification.

Operations coordinates to close the loan.

Lending Partner is paid lender paid broker comp at closing by the escrow company via check.

• Application • Financial Docs • Notice and Authorization

Why Align with a Contemporary Lending Brand? *

• P DF of flood certification • Certification Form

81%

of regional and community banks are collaborating with fintechs*

86%

of regional and community banks feel that working with fintechs is “absolutely essential” or “very important” to their institution’s success*

Source: https://www.manatt.com/Manatt/media/Media/PDF/Brochures/Collaboration-Between-Regional-and-Community-Banks-and-Fintech.pdf

loanAdvantage loanAdvantage is an employer benefit program offered by loanDepot that provides closing cost discounts, educational opportunities and personalized guidance to assist an employer’s workforce with future home financing decisions. This complimentary program can be tailored to fit and expand an employer’s benefits package, as well as help you establish a long-term partnership with their employees.

Intro/Pitch Letter

Marketing Flyer

Closing Coupon

Trifold Brochure Social Posts