loanDepot Expands National Presence with New Chandler Operations Center
East Valley selected as prime location with top talent to support fintech home lender’s projected growth as it enters its second decade in 2020.
Nov 14, 2019
CHANDLER, Ariz., Nov. 14, 2019 – loanDepot today announced the opening of its newest operations site in Chandler, Ariz., marking the brand’s continued expansion within the state. Chandler’s exceptional workforce and central location make it a prime setting as the fintech home lender prepares to enter its second decade with projections of unprecedented growth, including bringing hundreds of jobs into the city’s economy.
Founded in 2010 by industry visionary Anthony Hsieh, the company has quickly risen to become the nation’s second largest nonbank lender and a leading retail home lender. As the company readies to celebrate its 10th anniversary in January 2020, its plans for its second decade include continued expansive growth, thanks in part to its proprietary mello™ technology, which delivers a seamless, streamlined mortgage experience and to its mello™ smartloan, the first end-to-end fully digital mortgage loan.
“We are delighted to join the Chandler community and welcome the area’s amazing talent to our world-class Operations teams,” said loanDepot’s Chief Operating Officer Tammy Richards. “Having the best people and technology is critical to help us transform and lead the industry under the vision and direction of loanDepot’s Founder and CEO Anthony Hsieh. Our Operations superstars are an invaluable component to providing a seamless experience for our customers.”
The Chandler operations center will provide room to grow for loanDepot’s cross-channel operations teams consisting of loan processors, underwriters, closers and more. Leading the charge for loanDepot Wholesale are Andrew Hutcheson, VP of Operations; Matt Bowers, Site Operations Leader; Jeff Carter, VP of Underwriting; and Corey Williams, Site Underwriting Leader. Matthew Wimer, VP of Underwriting, will oversee production operations for loanDepot Direct.
loanDepot continues to disrupt the lending industry with its focus on technology to deliver personalized experiences to its customers. An innovator since its inception, loanDepot was the first nonbank lender to offer home, personal and home equity loans. Today, loanDepot has funded over $200 billion since its founding in 2010, and currently ranks as the nation's fifth largest retail mortgage lender and second largest nonbank lender. NMLS #174457
Public Relations Director