loanDepot
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 4.1b | 3.5b | 1.0b | 739m | 1.1b | 1.3b | 1.4b |
% growth | 242 % | (17 %) | (71 %) | (27 %) | 43 % | 23 % | 8 % |
EBITDA | - | 869m | (472m) | 18.9m | 116m | 321m | - |
% EBITDA margin | - | 25 % | (47 %) | 3 % | 11 % | 25 % | - |
Profit | - | 114m | (273m) | (110m) | (82.1m) | 18.8m | 27.9m |
% profit margin | - | 3 % | (27 %) | (15 %) | (8 %) | 1 % | 2 % |
EV / revenue | - | 0.2x | 0.3x | 0.8x | 0.5x | 0.4x | 0.3x |
EV / EBITDA | - | 0.7x | -0.6x | 33.2x | 4.2x | 1.5x | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Growth Equity VC | |
$12.2m | Late VC | ||
N/A | $19.8m | Late VC | |
N/A | $150m | Debt | |
N/A | N/A | IPO | |
Total Funding | €29.1m |
Recent News about loanDepot
EditloanDepot is a leading mortgage lender in the United States, specializing in home purchase, refinance, and equity loans. The company serves a wide range of clients, from first-time homebuyers to seasoned real estate investors, providing them with tailored mortgage solutions. Operating in the highly competitive mortgage market, loanDepot differentiates itself through its innovative digital platform, mello, which simplifies the mortgage application process by digitally verifying income, employment, and asset information. This ensures a seamless and secure transaction for clients. The business model is centered around offering various loan products, including conforming loans, jumbo loans, and personal loans, generating revenue through interest rates and service fees. loanDepot's national reach combined with a local approach ensures personalized service, making home buying and refinancing quick and easy. The company also provides valuable resources and professional advice to help clients navigate the complexities of mortgage lending.
Keywords: mortgage lender, home purchase, refinance, equity loans, digital platform, mello, seamless application, personalized service, competitive rates, tailored solutions.