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loanDepot salaries
loanDepot salary estimate
$50,440yearly
Understanding Salaries at loanDepot
At loanDepot, salaries reflect a strong commitment to employee compensation, with an average annual salary estimated at $50,440. This figure varies based on role, experience, and location. For instance, positions in management and specialized departments often command higher salaries. Top paying jobs include finance and operations roles, which consistently offer competitive compensation. Additionally, geographical factors influence salaries, providing higher earnings in major urban centers. Prospective employees can review detailed salary structures by department and location, ensuring informed career decisions.
Understanding loanDepot's salary framework helps candidates gauge their potential earning power and align their career goals accordingly. The company values transparency, offering insights into salary averages across various roles. This approach not only aids in attracting top talent but also fosters a motivated workforce dedicated to success within the financial services industry.
Highest paying jobs at loanDepot
The highest paying jobs at loanDepot are finance vice president, senior software engineer, team leader, and software development engineer. Finance vice president jobs at loanDepot earn an average yearly salary of $134,599, loanDepot senior software engineer jobs average $113,058, and loanDepot team leader jobs average $101,888.
The lowest paying loanDepot roles include mortgage banker and customer representative. LoanDepot mortgage banker average salary is $29,447 per year. So while the average loanDepot salary is $50,440 there is a big variation in pay depending on the role.
Highest paying jobs at loanDepot
| Rank | Job title | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | Finance Vice President | $134,599 | $64.71 |
| 2 | Senior Software Engineer | $113,058 | $54.35 |
| 3 | Team Leader | $101,888 | $48.98 |
| 4 | Software Development Engineer | $87,195 | $41.92 |
| 5 | Database Administrator | $85,580 | $41.14 |
| 6 | Senior Account Manager | $83,601 | $40.19 |
| 7 | Business Analyst | $76,301 | $36.68 |
| 8 | Technical Project Coordinator | $75,151 | $36.13 |
| 9 | Branch Lending Officer | $59,834 | $28.77 |
| 10 | Credit Analyst | $58,822 | $28.28 |
| 11 | Underwriter | $57,924 | $27.85 |
| 12 | Executive Assistant | $53,331 | $25.64 |
| 13 | Data Entry Associate | $46,635 | $22.42 |
| 14 | Junior Account Manager | $45,891 | $22.06 |
| 15 | Loan Officer | $42,889 | $20.62 |
| 16 | Closing Coordinator | $42,597 | $20.48 |
| 17 | Loan Processor | $41,462 | $19.93 |
| 18 | Production Administrator | $40,372 | $19.41 |
| 19 | Quality Control Auditor | $39,904 | $19.18 |
| 20 | Junior Processor | $38,511 | $18.51 |
Rate loanDepot's promotion and raise policies.
Average loanDepot salary by state
loanDepot pays the highest salaries in California due to higher costs of living and competition in the state.
| Rank | State | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | California | $56,270 | $27.05 |
| 2 | Texas | $51,670 | $24.84 |
| 3 | Illinois | $49,369 | $23.74 |
| 4 | Arizona | $48,548 | $23.34 |
How much does loanDepot pay by location?
Highest paying loanDepot locations
| Rank | Location | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | Syracuse, NY | $57,284 | $27.54 |
| 2 | Jersey City, NJ | $56,365 | $27.10 |
| 3 | Irvine, CA | $55,925 | $26.89 |
| 4 | Ione, OR | $53,663 | $25.80 |
| 5 | Hopkins, MN | $51,457 | $24.74 |
| 6 | Plano, TX | $51,225 | $24.63 |
| 7 | Herndon, VA | $50,742 | $24.40 |
| 8 | Huntersville, NC | $50,722 | $24.39 |
| 9 | Nome, AK | $50,571 | $24.31 |
| 10 | Southfield, MI | $50,364 | $24.21 |
| 11 | Tampa, FL | $49,516 | $23.81 |
| 12 | Scottsdale, AZ | $48,540 | $23.34 |
| 13 | Las Vegas, NV | $48,436 | $23.29 |
| 14 | Atlanta, GA | $47,142 | $22.66 |
| 15 | Louisville, KY | $46,503 | $22.36 |
| 16 | New Orleans, LA | $45,462 | $21.86 |
| 17 | Chattanooga, TN | $45,341 | $21.80 |
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loanDepot salaries by department
Salaries at loanDepot vary depending on the department you work in. LoanDepot salaries in the engineering department are the highest with an average salary of $108,555. Employees in the marketing department at loanDepot receive relatively high salaries as well, with an average salary of $82,645 per year. Departments that don't pay as well at loanDepot include the customer service and the finance organizational functions, with employees earning average salaries of $32,837 and $39,798, respectively.
Average loanDepot salary by department
| Rank | Department | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $108,555 | $52.19 |
| 2 | Marketing | $82,645 | $39.73 |
| 3 | Plant/Manufacturing | $79,813 | $38.37 |
| 4 | Sales | $72,732 | $34.97 |
| 5 | IT | $69,256 | $33.30 |
| 6 | Retail | $52,840 | $25.40 |
| 7 | Administrative | $43,786 | $21.05 |
| 8 | Finance | $39,798 | $19.13 |
| 9 | Customer Service | $32,837 | $15.79 |
How much does loanDepot pay by department?
Best paying loanDepot finance salaries
| Rank | Position | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | Finance Analyst | $76,889 | $36.97 |
| 2 | Production Analyst | $68,681 | $33.02 |
| 3 | Senior Underwriter | $65,917 | $31.69 |
| 4 | Finance Specialist | $62,756 | $30.17 |
| 5 | Collections Manager | $55,429 | $26.65 |
| 6 | Senior Loan Processor | $54,082 | $26.00 |
| 7 | Loan Officer | $42,889 | $20.62 |
| 8 | Closing Coordinator | $42,597 | $20.48 |
| 9 | Production Administrator | $40,372 | $19.41 |
| 10 | Junior Processor | $38,511 | $18.51 |
| 11 | Verification Specialist | $37,605 | $18.08 |
| 12 | Mortgage Consultant | $34,687 | $16.68 |
| 13 | Mortgage Banker | $29,447 | $14.16 |
Best paying loanDepot customer service salaries
| Rank | Position | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | Call Center Analyst | $46,127 | $22.18 |
| 2 | Resolution Specialist | $38,292 | $18.41 |
| 3 | Service Specialist | $38,150 | $18.34 |
| 4 | Customer Service Representative | $36,634 | $17.61 |
| 5 | Customer Representative | $31,252 | $15.03 |
Best paying loanDepot engineering salaries
| Rank | Position | Average loanDepot salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President Of Engineering | $141,984 | $68.26 |
| 2 | Senior Software Engineer | $113,058 | $54.35 |
| 3 | Software Development Engineer | $87,195 | $41.92 |
| 4 | Database Administrator | $85,580 | $41.14 |
| 5 | Senior .NET Developer | $83,915 | $40.34 |
| 6 | Technical Project Coordinator | $75,151 | $36.13 |
Recently added loanDepot salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Marketing Campaign Coordinator | Southfield, MI | 06/27/2025 | $60,000 |
| Branch Production Assistant | San Jose, CA | 06/27/2025 | $38,129 |
| Support Services Specialist | Plano, TX | 06/26/2025 | $44,140 |
| SR. Business Intelligence Analyst (Reporting) | Irvine, CA | 06/26/2025 | $111,000 |
| SR Corporate Counsel | Irvine, CA | 06/25/2025 | $186,000 |
What employees say about salary at loanDepot
great enviornment. always provides opportunity for advancement and training. Pay is higher than average.
bonus
Good structure for success
No work life balance
The amounts of incentives to hit Quotas
The compensation is great. The management team has good communication.
Work Life Balance.
The bonus structure
Great training and support
It was not flexible.
It was located close to my home
Short commute, good co-workers, steady hours,
There is not very much room for growth, no reviews, no raises, no overtime, lots of turnover, very poor compensation, poor communication from upper management. Fewer and fewer perks every year. Health care getting worse and more expensive every year.
They do offer a 401k match. Who know when that will also be taken away as well.
Frequently asked questions about loanDepot salaries
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Zippia gives an in-depth look into the details of loanDepot, including salaries, political affiliations, employee data, and more, in order to inform job seekers about loanDepot. The employee data is based on information from people who have self-reported their past or current employments at loanDepot. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by loanDepot. The data presented on this page does not represent the view of loanDepot and its employees or that of Zippia.
loanDepot may also be known as or be related to Loan Depot LLC, loanDepot, loanDepot Inc, loanDepot LLC, loanDepot, Inc., loanDepot.com LLC and loanDepot.com, LLC.