Mortgage lender loanDepot now officially offers personal loans

loanDepot officially moved into marketplace lending on Wednesday, becoming the first national nonbank lender to offer both home and personal loans nationwide. The lender now offers mortgage.

LoanDepot, founded by Anthony Hsieh less than 7 years ago, has become the 5th largest mortgage lender by volume according to the most recent report by Inside Mortgage Finance. In 2015, loanDepot.

loanDepot offers unsecured personal loans up to $35,000 to consolidate debt or make a major purchase VA loanDepot is authorized to offer special loan programs that are guaranteed by the VA for active military and veterans that are not available to the general public

Jan. 23, 2018 /PRNewswire/ — LD Holdings Group, LLC, parent company of loanDepot, the nation’s second largest non-bank consumer lender, today announced continued expansion beyond its profitable.

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That means the servicing on your loan is unlikely to be sold to another company, as is usually the case with most mortgage lenders. Quicken Loans offers fixed rate, 30, 20 and 15-year loans, as well as the 5/1 adjustable-rate mortgage for VA loans. They even offered Jumbo VA loans for as much as $1.5 million.

With $30 billion of loans originated for new home purchases (not to mention an extra $70 billion in refinances), loanDepot has certainly earned its spot as one of the leading online mortgage lenders. They’re eligible to do business in any state, plus they place high importance on customer service.

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5 Things Banks Don't Like To See - Personal Loans, Car Buying, Budget, Bankruptcy Mortgage. loanDepot’s extended product spectrum and flexible lending solutions go beyond standard conventional loans. This lending powerhouse offers borrowers avenues such as Renovation Loans, VA.

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National non-bank lender loanDepot LLC has announced its move into marketplace lending, now offering mortgage, personal and home improvement loans to borrowers in all 50 U.S. states. This move makes loanDepot the first national non-bank lender to offer both home and personal loans nationwide, according to the company.

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