27 loanDepot Originators Recognized by NAHREP

Rhea-AI Summary

loanDepot announced that 27 of its originators have been recognized by the National Association of Hispanic Real Estate Professionals (NAHREP) for their exceptional performance. Among them, Mario Cerrato from Florida ranked 9th on the 'Top 250 Latino Mortgage Originators' list. This marks the fourth consecutive year loanDepot originators have been honored by NAHREP. The recognized originators helped 2,046 families across 13 states achieve homeownership in 2024. loanDepot has supported 1,739,792 families nationwide in their homeownership journeys. The company emphasizes purpose-driven lending and offers resources like Spanish-language loan applications and various loan assistance programs to support the Hispanic community. loanDepot also provides professional development programs for its originators and recruits diverse talent through initiatives like the ACES program.

Positive

• 27 loanDepot originators recognized by NAHREP, enhancing the company's reputation for excellence.
• Mario Cerrato ranked 9th on NAHREP's 'Top 250 Latino Mortgage Originators' list.
• loanDepot originators helped 2,046 families achieve homeownership in 13 states in 2024.
• loanDepot has supported 1,739,792 families across all 50 states in their homeownership journeys.
• Emphasis on purpose-driven lending with resources like Spanish-language loan applications and various loan assistance programs.
• Professional development opportunities for originators, including the 'Keys to Homeownership Specialist' program.
• Diverse talent recruitment through the ACES program.

Negative

• None.

Florida-based Mario Cerrato ranks No. 9 on prestigious “Top 250 Latino Mortgage Originators” report

IRVINE, Calif.--(BUSINESS WIRE)-- For the fourth consecutive year, loanDepot originators have been recognized for their excellence by the National Association of Hispanic Real Estate Professionals (NAHREP®), with Florida-based Mario Cerrato earning a top 10 spot on the organization’s prestigious “Top 250 Latino Mortgage Originators” report. A total of 27 loanDepot originators made NAHREP’s 2024 national and regional lists, which highlight the nation's highest-performing Hispanic mortgage originators.

"As a purpose-driven lender, we have a responsibility to serve the needs of today's increasingly diverse communities seeking to become first-time homebuyers,” said loanDepot Executive Vice President John Bianchi. “With 8.3 million mortgage-ready Latinos under the age of 45 in the U.S. who are not yet homeowners¹, it’s critical that we recruit highly diverse mortgage professionals who understand their needs. This ongoing recognition from NAHREP for our talented team of originators is well deserved and a testament to the outstanding work they do in our communities.”

The 27 loanDepot originators on NAHREP’s report helped 2,046 families in 13 states across the country achieve their homeownership goals². As a company, loanDepot has supported the homeownership journey for 1,739,792 families in all 50 states³.

As part of the company’s emphasis on purpose-driven lending outlined in its Vision 2025 plan, loanDepot is dedicated to supporting the Hispanic community, offering customers resources including a Spanish-language loan application form and a wide range of loan and down payment assistance programs to meet the individual needs of different borrowers.

loanDepot provides regular professional development opportunities for its mortgage professionals, including the 'Keys to Homeownership Specialist' program where originators learn about the distinctive needs of first-time homeowners and receive the tools necessary to support their communities. And loanDepot’s ACES program recruits and trains a diverse talent network from outside of the financial services industry, transforming careers with opportunities for advancement within the field.

“Mortgage professionals who originate from the communities they serve build trust, comfort, and confidence among homebuyers, which is crucial for supporting their journey to homeownership,” said loanDepot Vice President of Community Lending Jesus Cruz. "This acknowledgment from NAHREP, an invaluable resource for the industry, highlights our dedication to serving Hispanic and underserved communities across the country."

As a leading in-market lender, loanDepot is continuously seeking opportunities to acquire strong teams and firms, as well as organically hire individual leaders and originators that align with its strategy of purpose-driven lending, deepening its capabilities to reach first-time homebuyers and underserved communities. To learn more contact Shane Stanton at sstanton@loandepot.com.

About loanDepot

loanDepot (NYSE: LDI) is a leading provider of lending solutions that make the American dream of homeownership more accessible and achievable for all, especially the increasingly diverse communities of first-time homebuyers, through a broad suite of lending and real estate services that simplify one of life's most complex transactions. Since its launch in 2010, the company has been recognized as an innovator, using its industry-leading technology to deliver a superior customer experience. Our digital-first approach makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the largest non-bank lenders in the country, loanDepot and its mellohome operating unit offer an integrated platform of lending, loan servicing, real estate and home services that support customers along their entire homeownership journey. Headquartered in Southern California and with hundreds of local market offices nationwide, loanDepot’s passionate team is dedicated to making a positive difference in the lives of their customers every day.

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1		According to NAHREP
2		Includes total funded mortgage loans (purchase and refinance) in 2023
3		Includes total funded mortgage loans (purchase and refinance) and HELOCs since loanDepot’s inception through March 31, 2024

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240620561371/en/

Media Contact

Jonathan Fine

VP, Public Relations

(781) 248-3963

jfine@loandepot.com

Source: loanDepot, Inc.

FAQ

What recognition did loanDepot originators receive from NAHREP in 2024?

27 loanDepot originators were recognized by the National Association of Hispanic Real Estate Professionals (NAHREP) for their exceptional performance in 2024.

Who among loanDepot originators ranked in the top 10 of NAHREP's 'Top 250 Latino Mortgage Originators' list?

Florida-based Mario Cerrato ranked 9th on NAHREP's 'Top 250 Latino Mortgage Originators' list.

How many families did loanDepot originators help achieve homeownership in 2024?

loanDepot originators helped 2,046 families across 13 states achieve homeownership in 2024.

How many families has loanDepot supported in their homeownership journey nationwide?

loanDepot has supported 1,739,792 families across all 50 states in their homeownership journeys.

What initiatives does loanDepot offer to support Hispanic communities?

loanDepot offers Spanish-language loan applications and various loan assistance programs to support Hispanic communities.

What professional development opportunities does loanDepot provide for its mortgage originators?

loanDepot provides professional development programs, including the 'Keys to Homeownership Specialist' program.

How does loanDepot recruit diverse talent?

loanDepot recruits diverse talent through initiatives like the ACES program.