loanDepot picks Miami for new tech and fulfillment corporate center

loanDepot will open a new corporate center in Miami in September, establishing an East Coast hub that expands its national footprint and centralizes key corporate functions, the company announced Tuesday.

The Miami corporate center will house technology, marketing, recruiting and other support teams, along with mortgage fulfillment roles from loanDepot’s direct lending, retail and partnership channels.

The site will open with capacity for 120 employees and additional room for future growth. It joins existing loanDepot corporate centers in Irvine, California (the company’s headquarters); Southfield, Michigan; Plano, Texas; Scottsdale, Arizona; and Chandler, Arizona.

“Miami gives us access to a deep and diverse talent pool in a market where loanDepot already has strong roots,” loanDepot founder and CEO Anthony Hsieh said in a statement.

He cited the company’s established Miami retail team, part of a network of more than 200 local retail locations nationwide, and loanDepot’s naming-rights partnership with the Miami Marlins’ ballpark, loanDepot Park.

The expansion comes as loanDepot works through a period of weaker profitability. The lender posted a net loss of $54.9 million in the first quarter — widening from a $32.8 million loss in the fourth quarter of 2025 — as total revenue fell to $286.4 million and gain-on-sale margins compressed amid market volatility.

Hsieh has highlighted the company’s continued investments in growth and efficiency initiatives despite a volatile market environment. The company remains focused on digital transformation, expansion of its wholesale channel — which it rejoined in early 2026 — increased loan officer headcount, and applying automation across its origination and servicing channels.

loanDepot’s partnership with Figure Technology Solutions is expected to lower production costs, improve the customer experience and speed loan closings.

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication.