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SMART LENDING SOLUTIONS


SMART LENDING SOLUTIONS

WHY ORIGINATORS LOVE WORKING WITH US loanDepot Wholesale is a third-party origination channel of loanDepot, America’s lender. Serving mortgage brokers in 38 states and the District of Columbia, the division delivers an integrated and seamless technology-based lending experience for business partners and customers that is transparent and fast. loanDepot Wholesale offers a competitively priced suite of Conventional Conforming, Conventional Hi-Balance, HARP, Jumbo, FHA, and VA loan products. loanDepot LLC, NMLS #174457. Learn more at LDWholesale.com.

UNDER ONE GREAT COMPANY loanDepot is America’s lender offering home purchase and refinance loans, personal loans and home equity products nationwide. Headquartered in Southern California, the company operates Direct, Retail and Wholesale business channels nationwide. Licensed in all 50 states, loanDepot generates loan production from 12 business production centers, employs 6,000+ people including more than 1,700 licensed lending officers who hold more than 10,000 state licenses, and operates over 180+ lending stores nationwide. loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae. loanDepot, LLC, NMLS #174457. Learn more at loanDepot.com.


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SMART LENDING SOLUTIONS

TOP LENDER WHOLESALE

FIVE

38

IN THE U.S.

CURRENTLY LENDING IN

STATES + DC

FNMA, FHLMC, APPROVED GNMA AGENCY

SELLER AND SERVICER

2

OPERATING BRANCHES

NATIONWIDE

$12B

FUNDED SINCE 2014

40+

ACCOUNT EXECUTIVES


SMART LENDING SOLUTIONS

ANTHONY HSIEH

JEFF WALSH

MIKE KLOTZ

MISTI SNOW

SUSAN BEATTIE

Chairman & CEO

President, Wholesale/Correspondent

Senior Vice President, Sales

Senior Vice President, Operations

Vice President, Underwriting

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 leads the business and brand of loanDepot Wholesale. Jeff joined loanDepot as Executive Vice President of Operations, where he oversaw the growth and production of various departments including Processing, Human Resources, Vendor Management and Escrow. He was promoted to President, Wholesale/Correspondent, in November 2012. Jeff has over 20 years of industry experience.

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 25 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. In her tenure, she has held numerous positions including Director of Processing, Branch Operations Manager, and Sr. Account Executive.

Susan Beattie leads loanDepot Wholesale’s Underwriting Department as Vice President, Underwriting. Susan oversees all aspects of the underwriting department for all branches, including pipeline management, risk escalations and condo desk. Susan has been an underwriter for over 15 years, and has her CHUMS and SAR certifications.

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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 fast, 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 extensive suite of loan products • F  ast turn times and efficient operations team


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

• C  ompetitive 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 Portal and loan origination system to help partners maximize productivity and enjoy an integrated loan origination experience • S  trength and Stability of an Industry Leader: We are supported by the financial strength and experience of loanDepot, LLC, the nation’s second largest non-bank 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. – J eff Walsh

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President, Wholesale/Correspondent

WE HAVE BROKER RELATIONSHIPS OVER 20 YEARS STRONG. WITH THAT EXPERIENCE COMES THE ABILITY TO ANTICIPATE CHALLENGES AND BRING TANGIBLE RESULTS.


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LOANDEPOT BUILDER OUR NATIONAL FOOTPRINT

Currently Lending Future Opportunities

CURRENTLY LENDING IN

COAST-TO-COAST PRESENCE

38

STATES + DC


SMART LENDING SOLUTIONS

DIVERSE PRODUCT SET CONFORMING LOAN PROGRAMS • • • • • • •

Conforming Fixed Conforming Texas A6 Fannie Mae Conforming ARM Freddie Mac Conforming ARM High Balance Fixed Fannie Mae High Balance ARM Freddie Mac Super Conforming ARM

• • • • • • •

Fannie Mae HomeReady® Freddie Mac Co-op Fixed / ARM Freddie Mac Co-op Super Conforming Fixed Freddie Mac Co-op Super Conforming ARM Freddie Mac Home Possible 95% Freddie Mac Home Possible Advantage 97% Select Pay 1/1 Buydown

HARP LOAN PROGRAMS

NON CONFORMING LOAN PROGRAMS

GOVERNMENT LOAN PROGRAMS

• DURP - Fixed / ARM • LP Open Access - Fixed • Freddie Mac Open Access Texas A6

• • • •

• • • • •

Classic Jumbo Prime Jumbo 40 Year Interest Only Equity Access Second Mortgage Program • Jumbo Advantage (Coming Soon)

FHA 203k FHA Fixed / ARM FHA Streamline VA Fixed / ARM VA IRRRL


Expanded Purchasing Options – Offer your borrower more options with our expanded product offering - Jumbo, 40 Year I/O, and coming soon additional renovation products. CD Express – Reduce loan turn time through CD Express - an enhanced process which allows broker partners to request a Closing Disclosure prior to Final Approval. Purchase Advantage – Help your borrower stay competitive in current market conditions with the increased negotiation power of a pre-approval letter - our preapproval program provides a pre-approval letter even when the property address is still TBD. Appraisal Order – Order the appraisal within our Broker Portal at the borrower’s expense - with the delivery of an LE, SPL, ITP, and State Disclosures.

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.

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– Misti Snow

Senior Vice President, Operations


SMART LENDING SOLUTIONS

USER BENEFITS • Quickly find eligible loan products for each unique borrower • Competitively price each loan without the need to create a loan record • Create an accurate Loan Estimate (LE) within minutes • Track loan status in real time • Easily upload loan documentation via a secure server • Manage loan conditions and track loan workflow

THE FUTURE OF LENDING TECHNOLOGY We built our propriety online broker Portal with our partners’ experience in mind. Our goal is to streamline the process for Brokers, regardless of their experience in using technology. One way in which we measure the success of our Portal is the extent by which it becomes a self-service system where brokers can deliver the best results possible for their clients in less time.

CONTINUED OPTIMIZATION • Streamlined rate-lock extensions • Quick access reports for borrowers • Upgraded Loan Estimate (LE) process • Enhanced Closing Disclosure (CD) progress bar


DON’T TAKE OUR WORD FOR IT.

HEAR WHAT OUR PARTNERS HAVE TO SAY…

“I’d like to express how pleased I am with loanDepot Wholesale and your work on my files. I really want to thank you publicly and let everyone know just how valuable and crucial you have been to my success as a Sr. Loan Officer. Thank you so much for all the support and hard work.” Bryan, IL loanDepot Wholesale Partner

“Absolutely wonderful! I have not worked with a more efficient, organized, ‘Customer Service Oriented’ Lender in years! You ALL are top rated over there at loanDepot Wholesale!” Cheryl, CA loanDepot Wholesale Partner

“Have I mentioned lately what a pleasure it is working with the closing department at loanDepot Wholesale? If not, here you go. Great job, what a breath of fresh air in an otherwise difficult mortgage industry. Thank you!” Kevin, NY loanDepot Wholesale Partner “ This was my first loan with loanDepot Wholesale and I have nothing but great things to say about my experience. I am looking forward to future business together.” Michael, CA loanDepot Wholesale Partner

“I would like to thank everyone at loanDepot Wholesale for all your hard work in getting our recent file to closing. It was our first deal with loanDepot Wholesale and everyone did a great job; from Underwriting to CD Prep, Funding, Closing, and Account Managers. We really appreciate everything you all did and we look forward to continued success with loanDepot Wholesale!” Bruce, PA loanDepot Wholesale Partner


SMART LENDING SOLUTIONS

DEDICATED & EXCEPTIONAL SERVICE

RANKED #5 2016

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 2016 Scotsman Guide.


SMART LENDING SOLUTIONS

THE FUTURE IS EVEN BRIGHTER

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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,

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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


ŠCopyright 2017 - 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 3090 Bristol Street, Suite 600, Costa Mesa, CA 92626. NMLS ID 174457 - NMLS Consumer Access

Smart Lending Solutions at loanDepot Wholesale  

loanDepot Wholesale is a third-party origination channel of loanDepot, America’s lender. Serving mortgage brokers in 38 states and the Distr...