What loan types does loanDepot offer?

loanDepot offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, usda. Each product has its own pricing score and performance metrics.

Where does loanDepot offer mortgages?

loanDepot is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are loanDepot's mortgage rates?

loanDepot has an overall pricing score of 47.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is loanDepot?

loanDepot is a Independent Mortgage Company headquartered in DOVER, DE.

Unclaimed

loanDepot

Independent Mortgage Company•Dover, DEHQ•Direct & Wholesale•Reviews near you on Google

loanDepot's 57.3k closed loans and 90k applications, benchmarked against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo · USDA

Place

Exceptional

5/5

National · 49 mkts

Awards

Conventional

Superstar

FHA

Superstar

Jumbo

Superstar

USDA

Superstar

Purchase

Superstar

Refinance

Superstar

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

Explore another lender or local market

Report Card

loanDepot performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+13.6 bps above market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 10% of lenders

FHA

Exceptional

Top 5% of lenders

Exceptional

Top 10% of lenders

Jumbo

Exceptional

Top 20% of lenders

USDA

Exceptional

Top 20% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 10% of lenders

Refinance

Exceptional

Top 10% of lenders

By Location· Geographic coverage

Geographic Reach

National · 50 markets

Exceptional

Top 20% of lenders

Loan Product Performance

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%Above	$2,515Fees
FHA Loans	Strong	Exceptional	Sound	Strong	19,517	34.0%	+0.306%Above	$2,571Fees
VA Loans	Strong	Exceptional	Sound	Strong	7,000	12.2%	-0.385%Below	$3,037Fees
Jumbo Loans	Strong	Exceptional	Sound	Sound	529	0.9%	+0.166%Above	$1,345Fees
USDA Loans	Sound	Exceptional	Acceptable	Sound	134	0.2%	+0.444%Above	$2,390Fees

Conventional

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume30,160

Mix52.6%

Spread

+0.162%Above

Fees

$2,515Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume19,517

Mix34.0%

Spread

+0.306%Above

Fees

$2,571Fees

VA Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume7,000

Mix12.2%

Spread

-0.385%Below

Fees

$3,037Fees

Jumbo Loans

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Sound

Volume529

Mix0.9%

Spread

+0.166%Above

Fees

$1,345Fees

USDA Loans

Overall

Sound

Product

Exceptional

Pricing

Acceptable

Pull Through

Sound

Volume134

Mix0.2%

Spread

+0.444%Above

Fees

$2,390Fees

Loan Purpose Performance

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%Above	$2,188Fees
Refinance	Strong	Exceptional	Acceptable	Strong	20,125	35.1%	+0.251%Above	$3,450Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume37,215

Mix64.9%

Spread

+0.084%Above

Fees

$2,188Fees

Refinance

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume20,125

Mix35.1%

Spread

+0.251%Above

Fees

$3,450Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

57,340

Applications

90,400

Volume

$20 billion

Pricing & Closing

Avg Rate Spread

+0.136%

vs. market APOR

Avg Net Fees

$2,582

Origination − Credits

Pullthrough Rate

63.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$360,624

Avg Borrower Income

$132,323

Avg Property Value

$466,254

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

Includes Washington, DC

Avg Place Specialization

Exceptional

5/5

States with Loan Originations

51Nationwide · all 50 states and DC

Northeast9

CTMEMANHNJNYPARIVT

Midwest12

IAILINKSMIMNMONDNEOHSDWI

South17

ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV

West13

AKAZCACOHIIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© Ian Poellet · CC BY-SA 3.0

Bend, ORMetro

Volume 246Mix 0.43% of portfolio

99/100

Exceptional

2© Quintin Soloviev · CC BY 4.0

Austin, TXMetro

Volume 1,028Mix 1.79% of portfolio

91/100

Exceptional

3© David Daniel Turner · CC BY 4.0

Houston, TXMetro

Volume 2,437Mix 4.25% of portfolio

90/100

Exceptional

Charlotte, NC-SCMetro

Volume 1,307Mix 2.28% of portfolio

90/100

Exceptional

Dallas, TXMetro

Volume 1,855Mix 3.24% of portfolio

89/100

Exceptional

Spartanburg, SCMetro

Volume 253Mix 0.44% of portfolio

89/100

Exceptional

Tucson, AZMetro

Volume 721Mix 1.26% of portfolio

88/100

Exceptional

Las Vegas, NVMetro

Volume 884Mix 1.54% of portfolio

88/100

Exceptional

New York, NY-NJMetro

Volume 1,559Mix 2.72% of portfolio

88/100

Exceptional

Riverside, CAMetro

Volume 1,774Mix 3.09% of portfolio

88/100

Exceptional

Showing 10 of 49 metro areas

Top States by Place Specialization Score

TexasState

Volume 7,812Mix 13.62% of portfolio

92/100

Exceptional

New JerseyState

Volume 2,270Mix 3.96% of portfolio

91/100

Exceptional

West VirginiaState

Volume 642Mix 1.12% of portfolio

89/100

Exceptional

ArizonaState

Volume 3,134Mix 5.47% of portfolio

89/100

Exceptional

IllinoisState

Volume 2,802Mix 4.89% of portfolio

89/100

Exceptional

South CarolinaState

Volume 1,553Mix 2.71% of portfolio

88/100

Exceptional

NevadaState

Volume 1,023Mix 1.78% of portfolio

87/100

Exceptional

CaliforniaState

Volume 6,417Mix 11.19% of portfolio

87/100

Exceptional

FloridaState

Volume 5,290Mix 9.23% of portfolio

86/100

Exceptional

GeorgiaState

Volume 2,166Mix 3.78% of portfolio

85/100

Exceptional

Showing 10 of 51 states

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

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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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.