IPO - Profile

loanDepot, Inc.

Finance > Finance/Investors Services

LDI

Summary

loanDepot is a customer-centric, technology-empowered residential mortgage platform with a widely recognized consumer brand. We launched our business in 2010 to disrupt the legacy mortgage industry and make obtaining a mortgage a positive experience for consumers. We have built a leading technology platform, designed around the consumer that has redefined the mortgage process. Our digital-first approach has allowed us to become one of the fastest-growing, at-scale mortgage originators in the U.S. We are the second largest retail-focused non-bank mortgage originator and the fifth largest overall retail originator, according to Inside More

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$14.00 3,850,000 Positive High 245.8%

Offering Team

  • Legal counsel
  • Kirkland & Ellis LLP
  • Auditors
  • Ernst & Young LLP

Deal Highlights

Deal Tracker

IPO Dates

Filing 10 Feb, 2021

Offer 11 Feb, 2021

Look Ahead

Lock Up Expiry Aug 11, 2021

IPO Terms

Offer Price $14.00
Offer Size 3M

Market Sentiments

Stock Price