loanDepot Supports First-Time Buyers With Dedicated Portal

Summary

loanDepot, a financial company that offers innovative and affordable mortgage loans and refinancing options, announced today that it launched a suite of resources to help first-time homebuyers navigate the home loan process.

As housing affordability continues to fluctuate, first-time homebuyers are finding it more difficult to navigate the purchasing process. To help newcomers through this process, and encourage homeownership using their mortgage loans, loanDepot released digital tools marketed towards new homeowners.

Housing affordability and sustainable home ownership are amongst the most pressing issues today, particularly for first-time homebuyers who have unique needs when navigating what can be a complex journey as they enter the market,” said loanDepot, Inc. President of Digital Products and Services Zeenat Sidi.

The site is dedicated primarily to new homeowners and even allows visitors to see if they pre-qualify for a loanDepot mortgage. In addition to this, loanDepot provides users a better look at their financial wellness and connects them with real estate agents through “mellohome,” an affiliate broker business.

loanDepot also provides additional incentives for site users through their Grand Slam program. Through mellohome, users can compare various home loan options and have the potential to earn up to $4,500 in cash back.

Key Takeaways

  • loanDepot has launched a series of educational resources for first-time homebuyers.
  • The resources help buyers through the entire home buying process, including preparing for homeownership and how to close on the property.
  • Users can visualize their financial wellness, speak with real estate agents, and determine whether they pre-qualify for a loanDepot mortgage.
  • loanDepot’s mortgage loans and refinancing is available in all 50 states.

About loanDepot

loanDepot is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home.

Today, as one of the nation’s largest non-bank retail mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life’s most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.