loanDepot Introduces New ‘VA Loan Officer Master Class’ for Originators Seeking to Better Serve the Military Community and Grow Their Business

Rhea-AI Summary

loanDepot, Inc. introduces a new 'VA Loan Officer Master Class' aimed at assisting originators in better serving the military community and growing their business. The program is part of loanDepot's suite of training resources, upskilling programs, and coaching support, designed to address challenges faced by first-time and underserved homebuyers.

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• loanDepot introduces a new 'VA Loan Officer Master Class' to help originators better serve the military community and grow their business.

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New program adds to loanDepot’s world-class suite of training resources, upskilling programs, and coaching and mentoring support

IRVINE, Calif.--(BUSINESS WIRE)-- loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of homeownership, has added a new, purpose-built ‘VA Loan Officers Master Class’ to its robust suite of training and originator support resources. This newest program joins another highly specialized course call the ‘Keys to Homeownership.’ Both were designed to give originators the knowledge and skills they need to address the unique challenges faced by first-time and underserved homebuyers who are grappling with the persistent affordability hurdles of today's high-price, low-inventory housing market.

"The VA mortgage loan stands as one of the most powerful tools available to our nation’s veterans and active-duty military personnel for achieving homeownership and fostering long-term financial stability. Unfortunately, it has long been underutilized due to persistent misconceptions and a lack of awareness within the industry,” said loanDepot’s recently appointed Vice President of National VA Lending David Smith. “Our new Master Class was developed to ensure this outstanding product is accessible to more borrowers, giving our loan consultants the knowledge they need to effectively serve the men and women who have earned this benefit by defending our country.”

loanDepot’s training and coaching support for originators also includes:

• Learning from the industry’s top subject matter experts in renovation lending, new construction lending, reverse financing, first-time homebuyer lending, and VA lending;
• Access to the Modern Lending Playbook and business plan, a step-by-step guide to serving today’s digital customer;
• And coaching from some of the industry’s most respected guest trainers.

"The new ‘VA Loan Officer Master Class’ is another great example of our ongoing investment in training and support resources to address the evolving needs of today’s homebuyers while equipping our originators with the tools they need to thrive,” said Executive Vice President John Bianchi. “Not only do our originators have the expertise to deliver the best possible service and solutions to our customers, they also have all the support they need to grow their businesses and take their careers to the next level.”

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240429730296/en/

Jonathan Fine

VP, Public Relations

(781) 248-3963

jfine@loandepot.com

Source: loanDepot, Inc.

FAQ

What is loanDepot's new program called?

loanDepot's new program is called the 'VA Loan Officer Master Class'.

Who is loanDepot's Vice President of National VA Lending?

loanDepot's Vice President of National VA Lending is David Smith.

What other specialized course is offered by loanDepot?

loanDepot also offers another specialized course called the 'Keys to Homeownership'.

What support does loanDepot provide for originators?

loanDepot provides support for originators in the form of training, coaching, and access to industry experts.

What is loanDepot's goal in introducing the 'VA Loan Officer Master Class'?

loanDepot aims to make the VA mortgage loan more accessible to borrowers and help originators effectively serve veterans and active-duty military personnel.