Loandepot, Inc. · NYSE:LDI
Loandepot — Q4 2025 Earnings Presentation
16 slides from Loandepot's earnings presentation, Mar 10, 2026
Slide 1: 4Q 2025 Investor Presentation
4Q 2025 INVESTOR PRESENTATION March 10, 2026
Slide 2: We make the American Dream of home possible.
We make the American Dream of home possible. Partnering with homeowners throughout the lifecycle of the homeownership journey. Serving the Buyer Supporting the Servicing the Mortgage Optimizing the Journey Purchase First Time HELOC Homebuyer Title Building Services Trust Veteran / Closed-End Active
Slide 3: loanDepot's Flywheel
LOANDEPOT’S FLYWHEEL • Top of funnel • Diversified channel strategy • Brand – loanDepot Park • Direct to consumer • Scale • In-market retail • Marketing • Joint venture • Lead conversion • Comprehensive product suite ORIGINA TIO • Purchase N • Refinance • Home equity • Reverse S ER VICIN G • 448K cl
Slide 4: Scaled to Capture Huge Market Opportunity
SCALED TO CAPTURE HUGE MARKET OPPORTUNITY A Significant Market Opportunity Highly Mortgage Mortgage Fragmented Residential Debt Originations Market Real Estate Outstanding 2026 No Lender Above $55T(1) 10% Market $21T(2) $2.2T(3) Share(4) A Nationwide Lender Providing a Complete Homeowner Ecosystem F
Slide 5: Diverse & Experienced Management Team with Unique Skillsets
DIVERSE & EXPERIENCED MANAGEMENT TEAM WITH UNIQUE SKILLSETS Anthony Hsieh David Hayes Dominick Marchetti Nikul Patel Jeff DerGurahian Executive Chairman of Chief Financial Officer Chief Digital Officer Chief Growth Officer Chief Investment Officer and Mortgage Originations Head Economist Gregg Small
Slide 6: Fourth Quarter Fact Sheet
FOURTH QUARTER FACT SHEET • Originations: $8.0 billion in funded volume, our highest level since 2022 and within the range of guidance • Total Revenue: $310.3 million on $7.3 billion of pull-through weighted lock volume; Adjusted revenue(1) of $316.3 million • Total Expenses: increased by $8.5 milli
Slide 7: Historical Origination Performance Trend
HISTORICAL ORIGINATION PERFORMANCE TREND Total Market Share (%)(1) 1.5% 1.2% 1.4% 1.4% 1.5% 1.3% 1.3% 1.2% 1.4% ($ in billions) Purchase Mix % : 76% 72% 72% 66% 58% 59% 63% 60% 49% 7 (1) Calculated as LDI origination volume, in dollars, divided by total mortgage originations, in dollars, for 1-4 fam
Slide 8: Historical Cost Structure Comparison
HISTORICAL COST STRUCTURE COMPARISON Direct Origination Expense Commissions Marketing Other Interest Other G&A Salaries FTEs 8 (1) Excluding Cybersecurity Incident-related (2) Represents expenses directly related to the Cybersecurity Incident, net of actual and expected insurance recoveries, includi
Slide 9: Historical Servicing Portfolio Trend
HISTORICAL SERVICING PORTFOLIO TREND ($ in billions) 75% 65% 70% 65% 71% Recapture %(1) : 60% 67% 62% 63% 70% Retention %(2) : Total Serv Exp$ to 2.8 2.6 2.4 2.8 2.8 Avg. UPB $, bps: 9 (1) Recapture rate as defined on page 6. (2) Portion of loan origination volume that was sold servicing retained in
Slide 10: Liquidity and Balance Sheet
LIQUIDITY AND BALANCE SHEET Unrestricted Cash ($M) 10
Slide 11: Q1 2026 Outlook
Q1 2026 OUTLOOK* Current Market Metric Low High Conditions • Limited supply of new and resale homes continues to adversely Pull-through Weighted impact homebuying activity $7.75 $8.75 Rate Lock Volume ($bn) • Decreasing long-term interest rates incentivizing refinance activity of higher-rate mortgag
Slide 12: Appendix
loanDepot APPENDIX
Slide 13: Balance Sheet & Servicing Portfolio Highlights
BALANCE SHEET & SERVICING PORTFOLIO HIGHLIGHTS 13
Slide 14: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION 14 (1) Represents expenses directly related to the Cybersecurity Incident, net of actual and expected insurance recoveries, including costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection, professi
Slide 15: Non-GAAP Financial Reconciliation (Cont'd)
NON-GAAP FINANCIAL RECONCILIATION (CONT’D) 15 (1) Represents expenses directly related to the Cybersecurity Incident, net of actual and expected insurance recoveries, including costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection,
Slide 16: Disclaimer and Non-GAAP Financial Information
DISCLAIMER AND NON-GAAP FINANCIAL INFORMATION Forward-Looking Statements and Other Information This presentation contains, and responses to questions may contain, forward-looking statements that can be identified by the fact that they do not relate strictly to historical or current facts and may con