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Saturday, May 16, 2026

Mortgage Lender Doubles Local Office

Foothill Ranch-based mortgage lender loanDepot LLC doubled its Orange County office space to more than 238,000 square feet to accommodate its growing direct-lending center.

It said the additional space allows for 1,000 planned hires.

LoanDepot was founded in 2010 and is among the largest nonbank mortgage lenders in the U.S., with about 4,000 employees in more than 130 branches here and in Arizona, Texas and Tennessee.

It funded $13.2 billion last year, up 57% from 2013.

The company will soon start offering unsecured personal loans, its first nonmortgage product, and will start offering home improvement loan programs this year.

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