Loandepot.com Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300AG64NHILB7ZP05

Tax ID: 26-4599244

2020 Data | 2019 Data | 2018 Data


Overview

Loandepot.com is a large mortgage company specializing in Refi and Home Purchase loans. Loandepot.com has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Los Angeles, Washington, Anaheim, New York, and Oakland among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Loandepot.com is typically an average fee lendor.


Originations

294,467

Origination Dollar Volume (All Markets)

$100,528,925,000

Relative Rate

Loandepot.com 's average 30 year fixed rate mortgage was 3.17%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.19%.

Relative Fees

Loandepot.com 's average total fees for a 30 year fixed rate mortgage are $5,354.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 232,011 $81,756,315,000 $352,381 $4,511 3.09%
VA 33,561 $11,284,815,000 $336,248 $5,418 2.84%
FHA 27,382 $7,185,620,000 $262,421 $9,458 3.46%
USDA 1,513 $302,175,000 $199,719 $6,089 3.19%

For the 2020 period, Loandepot.com 's most frequently originated loan type was Conventional, with 232,011 originations. Their 2nd most popular type is VA, with 33,561 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 150,815 $54,620,745,000 $362,171 $3,880 2.94%
Home Purchase 84,806 $28,095,310,000 $331,289 $7,021 3.24%
Cash Out Refi 58,846 $17,812,870,000 $302,703 $5,500 3.30%

For the 2020, Loandepot.com 's most frequently cited loan purpose was Refi, with 150,815 originations. The 2nd most popular reason was Home Purchase, with 84,806 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 237,235 $83,370,625,000 $351,426 $5,354 3.17%
15 Year 40,283 $12,049,265,000 $299,115 $4,108 2.71%
20 Year 9,982 $3,006,460,000 $301,188 $4,139 3.15%
Other 4,611 $1,545,865,000 $335,256 $3,991 3.03%
10 Year 2,339 $544,955,000 $232,986 $3,733 2.65%
30+ year 17 $11,755,000 $691,471 $14,112 4.26%

For the 2020, Loandepot.com 's most frequently cited loan length was 30 Year, with 237,235 originations. The 2nd most popular length was 15 Year, with 40,283 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 123,397 $45,830,525,000 $371,407
$<1k 51,423 $17,353,595,000 $337,468
$3k-4k 41,326 $11,770,260,000 $284,815
$5k+ 33,147 $12,680,065,000 $382,540
$2k-3k 31,623 $8,869,325,000 $280,471

$5,354 was Loandepot.com 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 123,397 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA 13,091 $6,196,945,000 $473,374 $5,186 3.05%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 10,738 $4,805,550,000 $447,527 $4,356 2.84%
ANAHEIM-SANTA ANA-IRVINE, CA 9,179 $4,729,005,000 $515,198 $4,479 2.96%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 9,375 $4,342,545,000 $463,205 $7,491 3.15%
OAKLAND-BERKELEY-LIVERMORE, CA 7,682 $4,262,800,000 $554,908 $4,540 2.90%
SEATTLE-BELLEVUE-KENT, WA 8,069 $3,847,055,000 $476,770 $4,517 2.94%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 7,762 $3,720,260,000 $479,291 $5,292 2.99%
Outside of Metro Areas 15,192 $3,495,380,000 $230,080 $4,850 3.22%
PHOENIX-MESA-CHANDLER, AZ 12,157 $3,419,995,000 $281,319 $4,954 3.20%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 8,975 $3,148,325,000 $350,788 $5,645 3.08%
CHICAGO-NAPERVILLE-EVANSTON, IL 9,263 $2,534,825,000 $273,651 $4,866 3.23%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 3,839 $2,244,175,000 $584,573 $3,987 2.82%
DENVER-AURORA-LAKEWOOD, CO 5,515 $2,060,335,000 $373,587 $5,098 3.08%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 4,864 $1,815,150,000 $373,181 $4,498 3.05%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 6,264 $1,715,400,000 $273,851 $4,889 3.13%
NEW BRUNSWICK-LAKEWOOD, NJ 3,841 $1,446,485,000 $376,591 $5,251 2.92%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 5,062 $1,347,130,000 $266,126 $6,340 3.20%
LAS VEGAS-HENDERSON-PARADISE, NV 4,565 $1,337,945,000 $293,088 $4,871 3.12%
NASSAU COUNTY-SUFFOLK COUNTY, NY 2,875 $1,216,795,000 $423,233 $8,069 3.11%
NEWARK, NJ-PA 2,960 $1,165,140,000 $393,628 $5,560 3.06%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 1,950 $1,145,250,000 $587,308 $4,718 2.95%
DALLAS-PLANO-IRVING, TX 3,738 $1,095,760,000 $293,141 $6,003 3.19%
BOSTON, MA 2,731 $1,049,415,000 $384,260 $4,531 3.12%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 2,549 $1,045,055,000 $409,986 $4,233 3.03%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 3,512 $994,170,000 $283,078 $4,548 3.00%
URBAN HONOLULU, HI 1,919 $974,095,000 $507,606 $8,435 2.91%
OXNARD-THOUSAND OAKS-VENTURA, CA 2,041 $959,315,000 $470,022 $5,042 3.00%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 3,192 $935,640,000 $293,120 $5,003 3.17%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 3,415 $916,195,000 $268,286 $4,912 3.12%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 2,506 $843,660,000 $336,656 $5,125 3.04%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 1,843 $781,215,000 $423,882 $4,258 2.87%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 2,193 $686,415,000 $313,003 $5,917 2.97%
BALTIMORE-COLUMBIA-TOWSON, MD 2,019 $662,625,000 $328,195 $4,556 2.95%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 2,423 $660,115,000 $272,437 $6,475 3.21%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 2,489 $633,265,000 $254,425 $5,520 3.17%
ORLANDO-KISSIMMEE-SANFORD, FL 2,315 $633,095,000 $273,475 $5,278 3.18%
STOCKTON, CA 1,654 $600,450,000 $363,029 $5,123 3.15%
SAN ANTONIO-NEW BRAUNFELS, TX 2,173 $580,555,000 $267,168 $6,271 3.23%
RALEIGH-CARY, NC 1,893 $574,705,000 $303,595 $4,121 2.97%
BRIDGEPORT-STAMFORD-NORWALK, CT 1,495 $572,165,000 $382,719 $5,579 3.08%
MIAMI-MIAMI BEACH-KENDALL, FL 1,719 $514,935,000 $299,555 $6,397 3.20%
SANTA ROSA-PETALUMA, CA 1,012 $468,450,000 $462,895 $5,052 3.09%
COLORADO SPRINGS, CO 1,437 $467,435,000 $325,285 $5,029 3.08%
PHILADELPHIA, PA 1,677 $458,705,000 $273,527 $5,327 3.14%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1,498 $442,840,000 $295,621 $4,298 2.91%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 1,783 $437,895,000 $245,595 $6,117 3.37%
VALLEJO, CA 1,057 $436,515,000 $412,975 $6,346 3.08%
JACKSONVILLE, FL 1,677 $434,255,000 $258,948 $5,298 3.19%
TUCSON, AZ 1,741 $429,495,000 $246,694 $5,332 3.14%
TACOMA-LAKEWOOD, WA 1,181 $406,815,000 $344,467 $5,017 3.08%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 1,369 $403,355,000 $294,635 $5,972 3.20%
SALT LAKE CITY, UT 1,201 $389,515,000 $324,326 $4,830 3.09%
NORTH PORT-SARASOTA-BRADENTON, FL 1,308 $366,870,000 $280,482 $4,678 3.19%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1,240 $356,160,000 $287,226 $3,881 3.17%
ALBUQUERQUE, NM 1,538 $347,470,000 $225,923 $5,089 3.25%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 1,064 $325,150,000 $305,592 $5,603 3.12%
RICHMOND, VA 1,083 $314,165,000 $290,088 $4,209 2.99%
BAKERSFIELD, CA 1,261 $309,845,000 $245,714 $5,403 3.29%
WARREN-TROY-FARMINGTON HILLS, MI 1,311 $306,675,000 $233,924 $4,403 3.14%
PALM BAY-MELBOURNE-TITUSVILLE, FL 1,163 $298,035,000 $256,264 $5,212 3.22%
INDIANAPOLIS-CARMEL-ANDERSON, IN 1,277 $283,705,000 $222,165 $4,082 3.23%
SAN RAFAEL, CA 469 $282,035,000 $601,354 $4,466 3.02%
PROVIDENCE-WARWICK, RI-MA 961 $274,965,000 $286,124 $4,671 3.14%
RENO, NV 855 $271,925,000 $318,041 $4,392 3.08%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 824 $265,610,000 $322,342 $3,756 3.19%
SANTA MARIA-SANTA BARBARA, CA 656 $263,680,000 $401,951 $5,041 3.05%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 996 $259,250,000 $260,291 $5,092 3.07%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 852 $258,700,000 $303,638 $7,028 3.23%
KANSAS CITY, MO-KS 1,088 $247,470,000 $227,454 $4,467 3.17%
FRESNO, CA 858 $243,810,000 $284,161 $4,708 3.18%
FORT COLLINS, CO 715 $237,445,000 $332,091 $5,048 3.09%
WORCESTER, MA-CT 834 $236,480,000 $283,549 $4,553 3.13%
HUNTSVILLE, AL 961 $221,595,000 $230,588 $5,285 3.10%
BOULDER, CO 492 $217,110,000 $441,280 $4,836 3.10%
GREELEY, CO 652 $216,330,000 $331,794 $5,785 3.16%
BOISE CITY, ID 752 $216,280,000 $287,606 $5,020 3.08%
CAPE CORAL-FORT MYERS, FL 937 $211,375,000 $225,587 $5,803 3.25%
KAHULUI-WAILUKU-LAHAINA, HI 441 $210,655,000 $477,676 $6,669 3.14%
ELGIN, IL 928 $210,330,000 $226,649 $5,265 3.23%
COLUMBUS, OH 831 $208,775,000 $251,233 $4,566 3.12%
SAN LUIS OBISPO-PASO ROBLES, CA 466 $208,110,000 $446,588 $5,057 2.97%
EUGENE-SPRINGFIELD, OR 705 $196,605,000 $278,872 $5,398 3.22%
BEND, OR 612 $196,320,000 $320,784 $5,631 3.14%
BIRMINGHAM-HOOVER, AL 834 $194,840,000 $233,621 $5,163 3.26%
OGDEN-CLEARFIELD, UT 656 $193,310,000 $294,680 $5,139 3.09%
MODESTO, CA 635 $185,735,000 $292,496 $4,824 3.20%
CHARLESTON-NORTH CHARLESTON, SC 659 $185,035,000 $280,781 $5,007 3.11%
ST. LOUIS, MO-IL 801 $183,645,000 $229,270 $3,770 3.16%
CLEVELAND-ELYRIA, OH 853 $181,605,000 $212,902 $5,114 3.14%
NEW HAVEN-MILFORD, CT 680 $177,240,000 $260,647 $5,192 3.12%
OKLAHOMA CITY, OK 838 $175,080,000 $208,926 $5,087 3.36%
PROVO-OREM, UT 566 $174,890,000 $308,993 $4,957 3.09%
NEW ORLEANS-METAIRIE, LA 723 $171,395,000 $237,061 $4,689 3.21%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 519 $166,585,000 $320,973 $5,681 3.09%
CAMDEN, NJ 672 $165,840,000 $246,786 $4,847 3.08%
PITTSBURGH, PA 745 $164,075,000 $220,235 $5,117 3.10%
CINCINNATI, OH-KY-IN 643 $157,525,000 $244,984 $4,418 3.13%
SALINAS, CA 361 $154,555,000 $428,130 $4,752 3.03%
TRENTON-PRINCETON, NJ 426 $150,590,000 $353,498 $4,584 2.94%
PORTLAND-SOUTH PORTLAND, ME 547 $148,915,000 $272,239 $3,959 3.11%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 639 $145,245,000 $227,300 $5,400 3.24%
GREENVILLE-ANDERSON, SC 594 $145,160,000 $244,377 $4,986 3.17%
SANTA CRUZ-WATSONVILLE, CA 274 $140,990,000 $514,562 $4,491 2.97%
MILWAUKEE-WAUKESHA, WI 539 $136,255,000 $252,792 $4,156 3.20%
WILMINGTON, DE-MD-NJ 502 $135,060,000 $269,044 $4,621 2.99%
LAKE HAVASU CITY-KINGMAN, AZ 550 $133,100,000 $242,000 $4,853 3.29%
MEMPHIS, TN-MS-AR 560 $130,390,000 $232,839 $4,479 3.16%
TALLAHASSEE, FL 591 $128,005,000 $216,591 $5,687 3.20%
BARNSTABLE TOWN, MA 355 $119,615,000 $336,944 $4,512 3.06%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 497 $115,575,000 $232,545 $4,715 3.14%
DURHAM-CHAPEL HILL, NC 415 $113,745,000 $274,084 $4,516 3.11%
GARY, IN 531 $113,695,000 $214,115 $4,558 3.26%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 367 $111,785,000 $304,591 $5,415 3.11%
OLYMPIA-LACEY-TUMWATER, WA 365 $111,605,000 $305,767 $4,759 3.04%
DAYTON-KETTERING, OH 564 $104,040,000 $184,468 $4,802 3.30%
COEUR D'ALENE, ID 362 $103,590,000 $286,160 $5,784 3.11%
SALEM, OR 378 $103,440,000 $273,651 $5,303 3.13%
KNOXVILLE, TN 437 $101,985,000 $233,375 $4,547 3.21%
SPOKANE-SPOKANE VALLEY, WA 386 $101,660,000 $263,368 $4,931 3.11%
MANCHESTER-NASHUA, NH 360 $100,400,000 $278,889 $4,030 3.06%
LAKELAND-WINTER HAVEN, FL 466 $98,400,000 $211,159 $5,543 3.16%
COLUMBIA, SC 443 $97,605,000 $220,327 $4,637 3.28%
NAPLES-MARCO ISLAND, FL 293 $96,375,000 $328,925 $5,203 3.08%
PORT ST. LUCIE, FL 390 $95,510,000 $244,897 $5,438 3.24%
SAVANNAH, GA 399 $94,045,000 $235,702 $5,733 3.18%
BATON ROUGE, LA 408 $93,380,000 $228,873 $4,728 3.22%
DETROIT-DEARBORN-LIVONIA, MI 472 $92,160,000 $195,254 $4,291 3.24%
PRESCOTT VALLEY-PRESCOTT, AZ 318 $87,610,000 $275,503 $4,900 3.10%
ANCHORAGE, AK 286 $87,250,000 $305,070 $5,181 2.98%
MEDFORD, OR 298 $85,370,000 $286,477 $5,211 3.12%
HARRISBURG-CARLISLE, PA 399 $85,065,000 $213,195 $5,487 3.15%
SALISBURY, MD-DE 307 $83,045,000 $270,505 $4,679 3.08%
HILTON HEAD ISLAND-BLUFFTON, SC 293 $82,865,000 $282,816 $5,176 3.16%
SANTA FE, NM 264 $79,690,000 $301,856 $5,224 3.22%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 315 $77,075,000 $244,683 $5,351 3.15%
AUGUSTA-RICHMOND COUNTY, GA-SC 337 $76,685,000 $227,552 $4,881 3.05%
NAPA, CA 160 $73,580,000 $459,875 $5,849 3.03%
PENSACOLA-FERRY PASS-BRENT, FL 317 $72,275,000 $227,997 $4,591 3.12%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 311 $72,235,000 $232,267 $4,077 3.16%
ALBANY-LEBANON, OR 290 $71,860,000 $247,793 $5,579 3.31%
LANCASTER, PA 295 $68,055,000 $230,695 $5,266 3.11%
NORWICH-NEW LONDON, CT 265 $67,625,000 $255,189 $5,478 3.07%
SPRINGFIELD, MA 296 $66,970,000 $226,250 $5,143 3.21%
GREENSBORO-HIGH POINT, NC 292 $63,370,000 $217,021 $4,688 3.23%
TULSA, OK 296 $63,240,000 $213,649 $5,703 3.27%
GRAND RAPIDS-KENTWOOD, MI 294 $62,820,000 $213,673 $4,758 3.23%
EL PASO, TX 361 $60,075,000 $166,413 $6,130 3.47%
BUFFALO-CHEEKTOWAGA, NY 269 $59,655,000 $221,766 $4,863 3.20%
MOUNT VERNON-ANACORTES, WA 178 $58,050,000 $326,124 $5,075 3.12%
CHATTANOOGA, TN-GA 252 $57,450,000 $227,976 $4,323 3.18%
PUNTA GORDA, FL 264 $56,840,000 $215,303 $5,121 3.31%
YUMA, AZ 295 $56,585,000 $191,814 $6,431 3.43%
KENNEWICK-RICHLAND, WA 211 $56,295,000 $266,801 $4,491 3.12%
PANAMA CITY, FL 225 $56,025,000 $249,000 $6,484 3.13%
ASHEVILLE, NC 213 $55,735,000 $261,667 $4,395 3.11%
HUNTINGTON-ASHLAND, WV-KY-OH 287 $55,495,000 $193,362 $4,589 3.38%
TOLEDO, OH 327 $53,645,000 $164,052 $4,301 3.28%
MERCED, CA 192 $52,020,000 $270,938 $5,701 3.30%
VISALIA, CA 214 $51,680,000 $241,495 $5,312 3.22%
FAYETTEVILLE, NC 254 $50,490,000 $198,780 $4,114 3.03%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 214 $49,970,000 $233,505 $4,090 3.08%
AKRON, OH 242 $49,540,000 $204,711 $4,788 3.18%
OMAHA-COUNCIL BLUFFS, NE-IA 236 $48,270,000 $204,534 $4,349 3.20%
OCEAN CITY, NJ 136 $46,580,000 $342,500 $4,673 3.05%
ST. GEORGE, UT 157 $46,135,000 $293,854 $4,832 3.05%
PUEBLO, CO 213 $46,125,000 $216,549 $4,900 3.28%
BELLINGHAM, WA 140 $45,920,000 $328,000 $4,671 3.06%
HAGERSTOWN-MARTINSBURG, MD-WV 193 $45,025,000 $233,290 $5,552 3.06%
MADISON, WI 179 $44,865,000 $250,642 $4,055 3.23%
WINSTON-SALEM, NC 214 $44,480,000 $207,850 $4,477 3.22%
FLAGSTAFF, AZ 139 $42,855,000 $308,309 $4,547 3.15%
EL CENTRO, CA 180 $41,270,000 $229,278 $7,382 3.23%
LEXINGTON-FAYETTE, KY 181 $41,155,000 $227,376 $3,931 3.22%
WILMINGTON, NC 155 $40,995,000 $264,484 $4,929 3.05%
YORK-HANOVER, PA 191 $40,915,000 $214,215 $5,412 3.21%
CHARLOTTESVILLE, VA 132 $40,690,000 $308,258 $4,019 2.97%
COLUMBUS, GA-AL 200 $40,600,000 $203,000 $5,264 3.02%
SPARTANBURG, SC 168 $39,720,000 $236,429 $4,918 3.22%
CHICO, CA 147 $39,655,000 $269,762 $4,771 3.24%
COLLEGE STATION-BRYAN, TX 163 $37,525,000 $230,215 $6,523 3.25%
SPRINGFIELD, MO 200 $37,500,000 $187,500 $4,061 3.28%
CHARLESTON, WV 247 $37,365,000 $151,275 $4,944 3.45%
DAPHNE-FAIRHOPE-FOLEY, AL 147 $37,295,000 $253,707 $3,985 3.06%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 180 $36,860,000 $204,778 $4,303 3.08%
MADERA, CA 132 $36,790,000 $278,712 $4,817 3.15%
YUBA CITY, CA 129 $36,555,000 $283,372 $4,470 3.17%
HATTIESBURG, MS 204 $36,410,000 $178,480 $5,232 3.26%
ROCHESTER, NY 179 $36,225,000 $202,374 $5,071 3.10%
OCALA, FL 195 $36,185,000 $185,564 $4,758 3.26%
DES MOINES-WEST DES MOINES, IA 152 $35,750,000 $235,197 $4,195 3.04%
ALBANY-SCHENECTADY-TROY, NY 150 $35,430,000 $236,200 $4,777 3.17%
AUBURN-OPELIKA, AL 139 $34,975,000 $251,619 $3,519 2.92%
ROCHESTER, MN 149 $34,585,000 $232,114 $5,338 3.05%
ANN ARBOR, MI 137 $34,415,000 $251,204 $4,312 2.98%
CLARKSVILLE, TN-KY 155 $34,175,000 $220,484 $4,707 3.12%
CORPUS CHRISTI, TX 149 $33,575,000 $225,336 $5,460 3.29%
WINCHESTER, VA-WV 118 $33,140,000 $280,847 $4,694 3.02%
GAINESVILLE, GA 133 $32,935,000 $247,632 $4,902 3.16%
CALIFORNIA-LEXINGTON PARK, MD 105 $32,505,000 $309,571 $4,190 2.83%
WENATCHEE, WA 96 $32,070,000 $334,063 $4,272 3.12%
WICHITA, KS 153 $31,805,000 $207,876 $4,543 3.13%
MONTGOMERY, AL 134 $31,180,000 $232,687 $3,363 2.99%
GRANTS PASS, OR 110 $30,290,000 $275,364 $5,611 3.04%
REDDING, CA 111 $28,945,000 $260,766 $4,646 3.10%
JACKSON, MS 122 $27,850,000 $228,279 $4,454 3.15%
SEBASTIAN-VERO BEACH, FL 105 $27,695,000 $263,762 $4,997 3.22%
HICKORY-LENOIR-MORGANTON, NC 118 $27,590,000 $233,814 $4,139 3.13%
DOVER, DE 122 $27,500,000 $225,410 $5,034 3.10%
KINGSPORT-BRISTOL, TN-VA 137 $27,485,000 $200,620 $4,651 3.20%
ATLANTIC CITY-HAMMONTON, NJ 103 $27,235,000 $264,417 $4,993 3.13%
LAS CRUCES, NM 124 $27,140,000 $218,871 $4,961 3.16%
LAKE CHARLES, LA 123 $26,845,000 $218,252 $5,608 3.36%
THE VILLAGES, FL 106 $26,610,000 $251,038 $5,028 3.08%
SPRINGFIELD, OH 174 $25,990,000 $149,368 $4,084 3.48%
WARNER ROBINS, GA 134 $25,720,000 $191,940 $5,000 3.11%
CORVALLIS, OR 80 $25,700,000 $321,250 $5,276 3.02%
READING, PA 117 $25,135,000 $214,829 $5,072 3.18%
ROANOKE, VA 108 $25,060,000 $232,037 $4,067 3.15%
LONGVIEW, WA 94 $24,820,000 $264,043 $4,835 3.14%
LAFAYETTE, LA 109 $24,545,000 $225,183 $5,126 3.21%
HANFORD-CORCORAN, CA 93 $24,485,000 $263,280 $5,187 3.01%
LYNCHBURG, VA 98 $23,500,000 $239,796 $4,375 3.15%
KILLEEN-TEMPLE, TX 121 $23,095,000 $190,868 $4,969 3.29%
BILLINGS, MT 95 $23,015,000 $242,263 $4,910 3.20%
GAINESVILLE, FL 96 $21,830,000 $227,396 $4,919 3.13%
GRAND JUNCTION, CO 86 $21,820,000 $253,721 $4,796 3.14%
LOGAN, UT-ID 85 $20,645,000 $242,882 $4,765 3.18%
JOHNSON CITY, TN 102 $20,580,000 $201,765 $4,510 3.16%
FORT WAYNE, IN 108 $20,550,000 $190,278 $4,092 3.19%
YAKIMA, WA 84 $20,520,000 $244,286 $5,156 3.11%
SHREVEPORT-BOSSIER CITY, LA 96 $20,510,000 $213,646 $4,000 3.26%
CANTON-MASSILLON, OH 121 $20,385,000 $168,471 $4,524 3.48%
MANSFIELD, OH 137 $20,185,000 $147,336 $4,636 3.60%
MISSOULA, MT 69 $19,895,000 $288,333 $4,420 3.23%
TUSCALOOSA, AL 87 $19,755,000 $227,069 $5,651 3.43%
KINGSTON, NY 75 $19,325,000 $257,667 $5,735 3.15%
LANSING-EAST LANSING, MI 102 $19,100,000 $187,255 $4,808 3.21%
SCRANTON--WILKES-BARRE, PA 102 $18,470,000 $181,078 $5,014 3.17%
EAST STROUDSBURG, PA 86 $18,040,000 $209,767 $6,339 3.22%
ST. CLOUD, MN 87 $18,025,000 $207,184 $4,261 3.24%
GULFPORT-BILOXI, MS 90 $17,980,000 $199,778 $4,588 3.13%
IDAHO FALLS, ID 81 $17,885,000 $220,802 $5,543 3.25%
CARSON CITY, NV 66 $17,810,000 $269,848 $5,069 3.10%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 123 $17,595,000 $143,049 $4,278 3.34%
LINCOLN, NE 85 $17,195,000 $202,294 $4,125 3.17%
WACO, TX 73 $17,115,000 $234,452 $5,047 3.21%
ATHENS-CLARKE COUNTY, GA 69 $16,645,000 $241,232 $4,101 3.10%
HOMOSASSA SPRINGS, FL 86 $16,020,000 $186,279 $5,399 3.23%
FLINT, MI 77 $15,855,000 $205,909 $4,286 3.19%
DULUTH, MN-WI 74 $15,690,000 $212,027 $4,793 3.16%
JACKSONVILLE, NC 75 $15,615,000 $208,200 $3,875 3.04%
ROCKFORD, IL 100 $15,400,000 $154,000 $4,564 3.38%
CHEYENNE, WY 59 $15,185,000 $257,373 $3,925 3.05%
MOBILE, AL 80 $15,020,000 $187,750 $4,067 3.21%
NILES, MI 67 $14,945,000 $223,060 $3,540 3.28%
SYRACUSE, NY 71 $14,925,000 $210,211 $4,520 3.19%
MIDLAND, TX 60 $14,840,000 $247,333 $5,715 3.22%
FLORENCE, SC 77 $14,655,000 $190,325 $5,465 3.61%
DECATUR, AL 83 $14,585,000 $175,723 $5,097 3.19%
SHERMAN-DENISON, TX 61 $14,315,000 $234,672 $6,374 3.40%
BURLINGTON, NC 63 $14,285,000 $226,746 $4,602 3.03%
MACON-BIBB COUNTY, GA 73 $14,205,000 $194,589 $5,399 3.27%
RACINE, WI 68 $14,080,000 $207,059 $4,351 3.27%
SOUTH BEND-MISHAWAKA, IN-MI 76 $13,420,000 $176,579 $4,220 3.27%
BURLINGTON-SOUTH BURLINGTON, VT 48 $13,350,000 $278,125 $4,250 3.14%
HOUMA-THIBODAUX, LA 64 $13,340,000 $208,438 $4,559 3.20%
LIMA, OH 95 $13,315,000 $140,158 $4,575 3.29%
STATE COLLEGE, PA 47 $13,295,000 $282,872 $6,777 2.87%
MCALLEN-EDINBURG-MISSION, TX 69 $13,255,000 $192,101 $5,582 3.27%
MONROE, MI 61 $13,225,000 $216,803 $4,466 3.17%
GREEN BAY, WI 62 $13,090,000 $211,129 $5,053 3.10%
WALLA WALLA, WA 43 $13,015,000 $302,674 $4,120 3.11%
VALDOSTA, GA 70 $12,960,000 $185,143 $4,243 3.26%
BRUNSWICK, GA 56 $12,900,000 $230,357 $4,587 3.16%
SIERRA VISTA-DOUGLAS, AZ 61 $12,605,000 $206,639 $4,829 3.04%
BROWNSVILLE-HARLINGEN, TX 67 $12,385,000 $184,851 $5,345 3.25%
BANGOR, ME 57 $11,725,000 $205,702 $4,568 3.07%
HAMMOND, LA 56 $11,350,000 $202,679 $4,951 3.24%
LEWISTON-AUBURN, ME 59 $11,315,000 $191,780 $4,509 3.40%
KALAMAZOO-PORTAGE, MI 51 $10,875,000 $213,235 $5,374 3.29%
CHAMBERSBURG-WAYNESBORO, PA 51 $10,865,000 $213,039 $6,044 3.19%
LAFAYETTE-WEST LAFAYETTE, IN 60 $10,840,000 $180,667 $4,638 3.24%
LEBANON, PA 53 $10,835,000 $204,434 $5,762 3.19%
SUMTER, SC 64 $10,570,000 $165,156 $5,266 3.50%
BISMARCK, ND 44 $10,540,000 $239,545 $3,295 3.01%
FARGO, ND-MN 45 $10,505,000 $233,444 $4,474 3.22%
LUBBOCK, TX 48 $10,290,000 $214,375 $4,756 3.14%
MORRISTOWN, TN 43 $10,265,000 $238,721 $4,598 3.18%
LEWISTON, ID-WA 44 $9,940,000 $225,909 $5,462 3.28%
SIOUX FALLS, SD 44 $9,930,000 $225,682 $5,005 3.08%
BLACKSBURG-CHRISTIANSBURG, VA 45 $9,885,000 $219,667 $4,069 3.05%
HOT SPRINGS, AR 46 $9,800,000 $213,043 $4,501 3.13%
NEW BERN, NC 47 $9,485,000 $201,809 $4,157 3.12%
AMARILLO, TX 49 $9,285,000 $189,490 $5,264 3.47%
MICHIGAN CITY-LA PORTE, IN 50 $9,260,000 $185,200 $4,519 3.33%
HINESVILLE, GA 53 $9,125,000 $172,170 $4,378 3.21%
PITTSFIELD, MA 35 $9,095,000 $259,857 $4,285 3.17%
CASPER, WY 32 $9,080,000 $283,750 $4,137 2.95%
FARMINGTON, NM 40 $9,080,000 $227,000 $5,647 3.20%
HARRISONBURG, VA 34 $8,900,000 $261,765 $4,021 2.87%
BEAUMONT-PORT ARTHUR, TX 44 $8,700,000 $197,727 $4,824 3.39%
LAWRENCE, KS 39 $8,635,000 $221,410 $4,758 3.17%
ROCKY MOUNT, NC 44 $8,630,000 $196,136 $5,156 3.21%
TYLER, TX 34 $8,610,000 $253,235 $5,174 3.41%
EVANSVILLE, IN-KY 40 $8,590,000 $214,750 $3,600 3.26%
BECKLEY, WV 47 $8,395,000 $178,617 $4,280 3.19%
TWIN FALLS, ID 37 $8,295,000 $224,189 $5,976 3.31%
APPLETON, WI 38 $8,210,000 $216,053 $4,072 3.04%
ALBANY, GA 46 $8,130,000 $176,739 $1,446 3.27%
JACKSON, MI 41 $8,095,000 $197,439 $4,334 3.20%
GREENVILLE, NC 39 $8,095,000 $207,564 $3,947 3.18%
COLUMBIA, MO 37 $7,975,000 $215,541 $4,202 3.06%
DOTHAN, AL 37 $7,935,000 $214,459 $3,899 3.21%
PEORIA, IL 42 $7,870,000 $187,381 $4,155 3.06%
EAU CLAIRE, WI 41 $7,855,000 $191,585 $5,679 3.18%
FAIRBANKS, AK 29 $7,845,000 $270,517 $4,686 3.00%
ELKHART-GOSHEN, IN 45 $7,725,000 $171,667 $4,851 3.43%
SAN ANGELO, TX 37 $7,685,000 $207,703 $6,429 3.56%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 49 $7,615,000 $155,408 $4,568 3.27%
FLORENCE-MUSCLE SHOALS, AL 35 $7,145,000 $204,143 $4,106 3.10%
OSHKOSH-NEENAH, WI 29 $7,095,000 $244,655 $3,995 3.27%
BLOOMINGTON, IN 32 $7,040,000 $220,000 $3,880 3.16%
COLUMBUS, IN 31 $6,945,000 $224,032 $3,651 3.08%
FORT SMITH, AR-OK 37 $6,945,000 $187,703 $5,571 3.32%
CEDAR RAPIDS, IA 38 $6,860,000 $180,526 $4,071 3.30%
GREAT FALLS, MT 33 $6,855,000 $207,727 $4,851 3.17%
LONGVIEW, TX 32 $6,760,000 $211,250 $5,714 3.37%
POCATELLO, ID 29 $6,705,000 $231,207 $5,330 3.27%
JOPLIN, MO 40 $6,690,000 $167,250 $4,221 3.32%
STAUNTON, VA 30 $6,520,000 $217,333 $4,342 3.22%
TOPEKA, KS 35 $6,215,000 $177,571 $4,293 3.23%
SEBRING-AVON PARK, FL 37 $6,175,000 $166,892 $4,391 3.20%
ODESSA, TX 30 $6,070,000 $202,333 $5,927 3.29%
JANESVILLE-BELOIT, WI 35 $5,965,000 $170,429 $4,186 3.29%
GRAND FORKS, ND-MN 27 $5,925,000 $219,444 $4,870 3.43%
BLOOMINGTON, IL 30 $5,900,000 $196,667 $4,411 3.11%
LA CROSSE-ONALASKA, WI-MN 28 $5,880,000 $210,000 $4,241 3.49%
MUSKEGON, MI 36 $5,870,000 $163,056 $3,535 3.35%
ALEXANDRIA, LA 22 $5,820,000 $264,545 $5,527 3.16%
GETTYSBURG, PA 27 $5,815,000 $215,370 $5,591 3.21%
CLEVELAND, TN 25 $5,775,000 $231,000 $5,730 3.22%
MORGANTOWN, WV 21 $5,705,000 $271,667 $4,902 3.16%
JONESBORO, AR 26 $5,690,000 $218,846 $4,978 3.25%
CHAMPAIGN-URBANA, IL 28 $5,660,000 $202,143 $4,208 3.01%
WAUSAU-WESTON, WI 26 $5,510,000 $211,923 $3,716 3.30%
RAPID CITY, SD 22 $5,510,000 $250,455 $5,032 3.06%
KANKAKEE, IL 27 $5,315,000 $196,852 $4,366 3.16%
MANHATTAN, KS 31 $5,255,000 $169,516 $3,405 3.23%
MUNCIE, IN 30 $5,250,000 $175,000 $4,255 3.24%
ELIZABETHTOWN-FORT KNOX, KY 24 $5,240,000 $218,333 $3,988 3.16%
DALTON, GA 25 $5,195,000 $207,800 $4,367 3.43%
PARKERSBURG-VIENNA, WV 27 $5,195,000 $192,407 $5,084 3.42%
ST. JOSEPH, MO-KS 27 $5,175,000 $191,667 $4,418 3.11%
JEFFERSON CITY, MO 24 $5,080,000 $211,667 $3,736 3.17%
BOWLING GREEN, KY 24 $5,050,000 $210,417 $4,102 3.21%
SIOUX CITY, IA-NE-SD 29 $4,965,000 $171,207 $4,422 3.30%
VINELAND-BRIDGETON, NJ 25 $4,915,000 $196,600 $4,380 3.46%
LAWTON, OK 27 $4,855,000 $179,815 $4,941 3.12%
BINGHAMTON, NY 26 $4,730,000 $181,923 $5,094 3.33%
JACKSON, TN 27 $4,695,000 $173,889 $4,198 3.17%
ANNISTON-OXFORD, AL 26 $4,630,000 $178,077 $4,476 3.08%
ROME, GA 25 $4,465,000 $178,600 $4,819 3.25%
MANKATO, MN 22 $4,460,000 $202,727 $3,537 3.03%
SHEBOYGAN, WI 23 $4,435,000 $192,826 $3,380 3.10%
MONROE, LA 26 $4,410,000 $169,615 $4,066 3.26%
ALTOONA, PA 25 $4,255,000 $170,200 $5,944 3.29%
ABILENE, TX 22 $4,150,000 $188,636 $4,810 3.40%
SPRINGFIELD, IL 22 $4,070,000 $185,000 $3,683 3.31%
SAGINAW, MI 24 $4,030,000 $167,917 $4,280 3.32%
WILLIAMSPORT, PA 19 $3,925,000 $206,579 $5,039 3.18%
AMES, IA 18 $3,900,000 $216,667 $4,401 3.10%
UTICA-ROME, NY 24 $3,870,000 $161,250 $3,591 3.34%
WATERTOWN-FORT DRUM, NY 18 $3,750,000 $208,333 $4,012 3.08%
ERIE, PA 21 $3,695,000 $175,952 $4,730 3.24%
TERRE HAUTE, IN 20 $3,490,000 $174,500 $3,542 3.30%
LAREDO, TX 16 $3,280,000 $205,000 $5,065 3.22%
GADSDEN, AL 18 $3,200,000 $177,778 $5,211 3.09%
GLENS FALLS, NY 16 $3,130,000 $195,625 $4,090 3.61%
BATTLE CREEK, MI 19 $3,085,000 $162,368 $3,930 3.43%
FOND DU LAC, WI 15 $3,065,000 $204,333 $4,481 3.26%
WHEELING, WV-OH 15 $2,965,000 $197,667 $5,134 2.99%
VICTORIA, TX 14 $2,830,000 $202,143 $6,500 3.52%
GOLDSBORO, NC 18 $2,810,000 $156,111 $3,994 3.11%
WICHITA FALLS, TX 16 $2,770,000 $173,125 $4,677 3.24%
MIDLAND, MI 13 $2,725,000 $209,615 $5,102 2.98%
DECATUR, IL 15 $2,675,000 $178,333 $3,817 3.37%
PINE BLUFF, AR 18 $2,650,000 $147,222 $4,151 3.27%
IOWA CITY, IA 13 $2,645,000 $203,462 $5,026 3.14%
BLOOMSBURG-BERWICK, PA 9 $2,525,000 $280,556 $5,545 2.76%
CAPE GIRARDEAU, MO-IL 11 $2,155,000 $195,909 $4,622 3.49%
CUMBERLAND, MD-WV 12 $2,110,000 $175,833 $4,244 3.19%
BAY CITY, MI 13 $1,965,000 $151,154 $3,778 3.26%
KOKOMO, IN 13 $1,905,000 $146,538 $3,919 3.34%
TEXARKANA, TX-AR 12 $1,900,000 $158,333 $5,097 3.56%
ELMIRA, NY 12 $1,880,000 $156,667 $6,513 3.35%
WEIRTON-STEUBENVILLE, WV-OH 13 $1,785,000 $137,308 $5,762 3.40%
CARBONDALE-MARION, IL 10 $1,770,000 $177,000 $3,392 3.17%
WATERLOO-CEDAR FALLS, IA 9 $1,735,000 $192,778 $3,860 3.18%
ITHACA, NY 6 $1,710,000 $285,000 $4,509 3.06%
GRAND ISLAND, NE 10 $1,640,000 $164,000 $3,721 3.45%
ENID, OK 10 $1,520,000 $152,000 $5,154 3.15%
JOHNSTOWN, PA 8 $1,470,000 $183,750 $4,042 3.22%
DUBUQUE, IA 5 $1,225,000 $245,000 $3,540 3.02%
OWENSBORO, KY 4 $530,000 $132,500 $4,824 3.44%

Loandepot.com 's top markets include Los Angeles, Washington, Anaheim, New York, and Oakland among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 122,651 $43,831,225,000 $357,365
3-4% 113,053 $35,550,035,000 $314,455
<2.5% 45,145 $17,749,225,000 $393,160
4-5% 12,721 $3,197,265,000 $251,338
5-6% 891 $198,465,000 $222,744
6-7% 5 $1,935,000 $387,000
7-8% 1 $775,000 $775,000

During 2020, Loandepot.com 's average interest rate was 3.17%, while their most frequently originated rate bucket was 2.5-3%, with 122,651 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 142,109 $41,339,635,000 $290,901 $5,087 3.09%
$400k-600k 66,559 $32,213,655,000 $483,986 $5,177 2.96%
$100k-200k 54,248 $8,491,930,000 $156,539 $4,582 3.31%
$600k-1MM 24,010 $16,675,500,000 $694,523 $6,234 2.93%
$100,000 or less 6,547 $539,225,000 $82,362 $3,734 3.60%
$1MM+ 994 $1,268,980,000 $1,276,640 $12,267 3.20%

2020 saw Loandepot.com place emphasis on $200k-400k loans with 142,109 originations, totaling $41,339,635,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 73,481 $27,000,355,000 $367,447 $5,211 3.07%
$150k-250k 59,141 $26,507,385,000 $448,207 $4,940 2.99%
$50k-75k 48,240 $11,175,470,000 $231,664 $5,501 3.26%
$75k-100k 47,441 $13,930,575,000 $293,640 $5,496 3.17%
$50k or less 23,519 $3,874,755,000 $164,750 $5,113 3.38%
$250k+ 21,229 $11,076,075,000 $521,743 $5,030 2.98%

Loandepot.com lent most frequently to those with incomes in the $100k-150k range, with 73,481 originations. The second most popular income band? $150k-250k, with 59,141 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 63,398 $22,263,740,000 $351,174 $4,458 3.02%
30-36% 51,385 $17,971,955,000 $349,751 $4,911 3.11%
<20% 21,888 $7,431,570,000 $339,527 $4,147 2.93%
44% 12,045 $3,920,595,000 $325,496 $6,084 3.27%
42% 10,703 $3,664,645,000 $342,394 $5,838 3.23%
43% 10,652 $3,530,100,000 $331,403 $5,721 3.23%
41% 10,083 $3,406,815,000 $337,877 $5,559 3.21%
39% 9,762 $3,365,550,000 $344,760 $5,460 3.19%
40% 9,667 $3,299,225,000 $341,287 $5,480 3.20%
38% 9,532 $3,266,910,000 $342,731 $5,321 3.17%
37% 9,228 $3,164,500,000 $342,924 $5,211 3.16%
36% 9,193 $3,185,685,000 $346,534 $5,154 3.15%
50-60% 8,199 $2,515,755,000 $306,837 $8,994 3.34%
45% 8,137 $2,714,445,000 $333,593 $5,809 3.21%
49% 7,722 $2,594,590,000 $336,000 $6,323 3.22%
48% 7,061 $2,370,725,000 $335,749 $6,097 3.20%
47% 6,961 $2,365,235,000 $339,784 $5,933 3.19%
46% 6,938 $2,354,480,000 $339,360 $5,866 3.19%
>60% 453 $162,515,000 $358,753 $7,749 3.07%

Loandepot.com lent most frequently to those with DTI ratios of 20-30%, with 63,398 originations. The next most common DTI ratio? 30-36%, with 51,385 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 157,915 $50,849,055,000 $322,003 $5,227 3.16%
Not provided 84,917 $29,713,285,000 $349,910 $4,804 3.04%
Asian 30,111 $13,126,375,000 $435,933 $4,454 2.90%
Black 15,560 $4,469,980,000 $287,274 $6,679 3.25%
Asian Indian 1,923 $941,225,000 $489,457 $3,956 2.77%
American Indian 2,166 $656,530,000 $303,107 $5,793 3.20%
Native Hawaiian 819 $318,145,000 $388,455 $6,433 3.13%
Filipino 373 $161,075,000 $431,836 $7,140 3.05%
Chinese 185 $82,215,000 $444,405 $4,521 3.00%
Korean 146 $69,330,000 $474,863 $4,482 3.01%
Vietnamese 148 $61,700,000 $416,892 $4,516 2.94%
Other Asian 109 $44,345,000 $406,835 $5,029 3.00%
Other Pacific Islander 42 $15,420,000 $367,143 $7,033 2.98%
Japanese 28 $11,920,000 $425,714 $6,342 3.23%
Native Hawiian 12 $3,630,000 $302,500 $8,859 3.10%
Samoan 7 $3,115,000 $445,000 $10,256 3.11%
Guamanian 6 $1,580,000 $263,333 $7,807 3.25%

Approval Rates

Total approvals of all applications
82.45%

Loandepot.com has a below average approval rate.

Pick Rate

Approvals leading to origination
65.41%

Loandepot.com has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 294,467 $100,528,925,000 $341,393

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 1,015 $177,895,000 $175,266
Single Family (1-4 Units):Site-Built 293,452 $100,351,030,000 $341,967

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 12,811 $3,652,195,000 $285,083 $4,124 2.94%
40-60% 55,536 $19,014,440,000 $342,380 $4,035 2.93%
60-80% 120,206 $43,257,410,000 $359,861 $4,549 3.10%
80-100% 101,339 $33,044,885,000 $326,083 $6,097 3.20%
Over 100% 3,612 $1,333,090,000 $369,073 $13,802 3.10%
Under 20% 963 $226,905,000 $235,623 $4,161 3.10%