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Updated April 6, 2021

How Much Does loanDepot Pay?
Employees at loanDepot make, on average, $70,245 a year or $33.77 an hour. Those in the bottom 10th percentile earn under $41,000 a year, while the high earners in the top 90th percentile can make over $117,000. Show More

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loanDepot Salaries By Job Title

While the average employee salary at loanDepot is $70,245, there is a big variation in pay depending on the role. Some of the positions that earn high wages at loanDepot include vice president of software engineering, finance vice president, corporate counsel, and senior account manager. A typical vice president of software engineering salary at loanDepot is $124,014 per year. Other roles at loanDepot include verification specialist and customer representative. A verification specialist at loanDepot earns an average yearly salary of $26,833.
Job Title

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loanDepot Salaries By Location

Cost of living can vary dramatically depending on the part of the country you're in. At loanDepot, the employees are paid different salaries depending on their location. Our data shows that loanDepot employees in Lake Forest, CA get paid the most, where the average yearly pay is $65,939. In Plano, TX, loanDepot pays a lower average salary of $65,220.
$65,939
Avg. Salary
$37k
$96k
$65,220
Avg. Salary
$37k
$96k
$55,748
Avg. Salary
$37k
$96k

loanDepot Salaries By Department

Salaries at loanDepot differ depending on the department or organizational function. Employees who work in the engineering organizational function tend to get paid the most at at loanDepot, earning an average yearly salary of $103,169. The sales organizational function also pays relatively high compared to other departments, where employees earn $88,542. Departments that don't pay as well at loanDepot include the customer service and administrative organizational functions, with employees earning $32,667 and $50,642, respectively.
1. Engineering
$103,169
Avg. Salary
$26k
$120k
2. Sales
$88,542
Avg. Salary
$26k
$120k
3. Human Resources
$86,442
Avg. Salary
$26k
$120k
4. Plant/Manufacturing
$77,415
Avg. Salary
$26k
$120k
5. Accounting
$76,680
Avg. Salary
$26k
$120k
6. IT
$76,318
Avg. Salary
$26k
$120k

loanDepot Finance Salaries

$122,613
Avg. Salary
$23k
$132k
2. Mortgage Banker
$97,661
Avg. Salary
$23k
$132k
3. Bond Underwriter
$86,864
Avg. Salary
$23k
$132k
$86,440
Avg. Salary
$23k
$132k
$83,468
Avg. Salary
$23k
$132k
$70,997
Avg. Salary
$23k
$132k

loanDepot Sales Salaries

$105,388
Avg. Salary
$35k
$109k
$50,220
Avg. Salary
$35k
$109k
3. Executive Sales Assistant
$40,688
Avg. Salary
$35k
$109k

loanDepot Customer Service Salaries

$56,125
Avg. Salary
$29k
$68k
$52,589
Avg. Salary
$29k
$68k
$32,092
Avg. Salary
$29k
$68k
$30,804
Avg. Salary
$29k
$68k

loanDepot Competitor Salaries

Competitors of loanDepot include LendingTree, Quicken Loans, and Mortgage Network. Employees at LendingTree earn more than most of the competition, with an average yearly salary of $83,192. The employees at Quicken Loans earn an average yearly salary of $70,526 per year, and the salaries at Mortgage Network average $69,690 per year.
Company

loanDepot Jobs