LoanDepot
loanDepot is a prominent private, independent retail mortgage lender in the United States, specializing in residential loans. Established in 2010, the company has developed a comprehensive online consumer direct lending platform and operates through various business channels, including direct lending, branch retail, and servicing. With over 2,200 employees and more than 700 licensed loan officers, loanDepot serves clients across all 50 states. The company is approved to sell and service loans for major government-sponsored enterprises and predominantly services the loans it originates. Its product offerings include FHA, VA, Jumbo loans, and home equity loans, catering to a diverse range of customer needs. Led by CEO and Chairman Anthony Hsieh, loanDepot emphasizes fair and ethical lending practices, aiming to provide excellent service and competitive rates in a competitive landscape that includes commercial banks and financial institutions.
Closing USA
Acquisition in 2016
Closing USA, LLC is a national provider of title and escrow services based in Rochester, New York. Established in 2002, the company offers a variety of services for both residential and commercial real estate transactions. Its offerings include foreclosure title services, real estate owned title services, and default services tailored for mortgage servicers and lenders. Additionally, Closing USA provides web-based transaction solutions that allow mortgage lenders to place orders, manage documents, and track their files throughout the process. The company also supports commercial real estate transactions with services such as electronic ordering, multi-site coordination, and title insurance. A key feature of its service portfolio is PaperlessCloser, a solution for managing the closing process efficiently. As of December 2016, Closing USA operates as a subsidiary of loanDepot LLC.
Mortgage Master
Acquisition in 2014
Mortgage Master is a prominent mortgage lender that focuses on residential home loans and ranks among the largest non-bank lenders in the industry. The company offers a wide range of mortgage services, including fixed-rate and adjustable-rate mortgages, interest-only mortgages, and programs designed for first-time homebuyers. Additionally, Mortgage Master provides reverse mortgages, FHA streamline refinancing options, fixed home equity loans, and home equity lines of credit. As a non-bank direct lender, it employs its own funds to initiate and close loans, allowing for a streamlined process in delivering mortgage solutions to its clients.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.