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LOANDEPOT.COM, LLC
Independent Mortgage Company|DOVER, DE|National
Loans Originated
57,340
Applications
90,400
Volume
$20 billion
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐VA Superstar⭐Jumbo Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.136%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,582
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
63.4%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- High volume lender with significant market experience
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Report Card
LOANDEPOT.COM, LLC performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Exceptional | Market Leader | |
USDA | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Exceptional | Market Leader | |
Places Geographic coverage | Exceptional | National · 50 metro areas · 51 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$360,624
Average Borrower Income
$132,323
Average Property Value
$466,254
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Sound | Strong | 30,160 | 52.6% | +0.162% | $2,515 |
FHA Loans | Strong | Exceptional | Sound | Strong | 19,517 | 34.0% | +0.306% | $2,571 |
VA Loans | Strong | Exceptional | Sound | Strong | 7,000 | 12.2% | -0.385% | $3,037 |
Jumbo Loans | Strong | Exceptional | Sound | Sound | 529 | 0.9% | +0.166% | $1,345 |
USDA Loans | Sound | Exceptional | Acceptable | Sound | 134 | 0.2% | +0.444% | $2,390 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Exceptional | Sound | Strong | 37,215 | 64.9% | +0.084% | $2,188 |
Refinance | Sound | Exceptional | Acceptable | Strong | 20,125 | 35.1% | +0.251% | $3,450 |
Geographic Coverage
Metro Areas
49
States Served
51
Why 51? We count DC as a state
Avg Place Specialization
Exceptional
States with Loan Originations
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Top Metro Areas by Place Specialization Score
1
Bend, OR, ORMSA
Volume: 246Mix: 0.43%
Place Specialization
Exceptional
2
Austin, TXMSA
Volume: 1,028Mix: 1.79%
Place Specialization
Exceptional
3
Houston, TXMSA
Volume: 2,437Mix: 4.25%
Place Specialization
Exceptional
4
Charlotte, NC-SCMSA
Volume: 1,307Mix: 2.28%
Place Specialization
Exceptional
5
Dallas, TXMSA
Volume: 1,855Mix: 3.24%
Place Specialization
Exceptional
6
Spartanburg, SC, SCMSA
Volume: 253Mix: 0.44%
Place Specialization
Exceptional
7
Tucson, AZ, AZMSA
Volume: 721Mix: 1.26%
Place Specialization
Exceptional
8
Las Vegas, NVMSA
Volume: 884Mix: 1.54%
Place Specialization
Exceptional
9
New York, NY-NJMSA
Volume: 1,559Mix: 2.72%
Place Specialization
Exceptional
10
Riverside, CAMSA
Volume: 1,774Mix: 3.09%
Place Specialization
Exceptional
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
TXState
Volume: 7,812Mix: 13.62%
Place Specialization
Exceptional
2
NJState
Volume: 2,270Mix: 3.96%
Place Specialization
Exceptional
3
WVState
Volume: 642Mix: 1.12%
Place Specialization
Exceptional
4
AZState
Volume: 3,134Mix: 5.47%
Place Specialization
Exceptional
5
ILState
Volume: 2,802Mix: 4.89%
Place Specialization
Exceptional
6
SCState
Volume: 1,553Mix: 2.71%
Place Specialization
Exceptional
7
NVState
Volume: 1,023Mix: 1.78%
Place Specialization
Exceptional
8
CAState
Volume: 6,417Mix: 11.19%
Place Specialization
Exceptional
9
FLState
Volume: 5,290Mix: 9.23%
Place Specialization
Exceptional
10
GAState
Volume: 2,166Mix: 3.78%
Place Specialization
Exceptional
Showing 10 of 51 states
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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