Loandepot, Inc. · NYSE:LDI
Loandepot — Q3 2025 Earnings Presentation
15 slides from Loandepot's earnings presentation, Nov 6, 2025
Slide 1: 3Q 2025 Investor Presentation
3Q 2025 INVESTOR PRESENTATION November 6, 2025
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 • 440K cl
Slide 4: Third Quarter Fact Sheet
THIRD QUARTER FACT SHEET • Originations: $6.5 billion in funded volume, within the range of guidance • Total Revenue: $323.3 million on $7.0 billion of pull-through weighted lock volume; Adjusted revenue(1) of $325.2 million • Total Expenses: increased by $18.7 million, or ~6% from the second quarte
Slide 5: Scaled Originator Delivering Customers a Complete Solution
SCALED ORIGINATOR DELIVERING CUSTOMERS A COMPLETE SOLUTION 2010 Established Scalable 2013 Diversification 2016 Brand, Technology & 2022 to to & Expansion to To Vision 2025 2025+ Current 2012 Infrastructure 2015 2021 Operational Transformation 2024 • Launched with the goal of • Expanded in-market ret
Slide 6: Origination Growth Relative to Industry
ORIGINATION GROWTH RELATIVE TO INDUSTRY Total Market Share (%)(1) 1.5% 1.5% 1.2% 1.4% 1.4% 1.5% 1.3% 1.3% 1.2% ($ in billions) Purchase 71% 76% 72% 72% 66% 58% 59% 63% 60% Mix % : 6 (1) Calculated as LDI origination volume, in dollars, divided by total mortgage originations, in dollars, for 1-4 fami
Slide 7: Historical Cost Structure Comparison ($M)
HISTORICAL COST STRUCTURE COMPARISON ($M) 4,675 4,675 4,675 $44 4,615 4,675 $43 $44 $45 4,615 $44 4,615 4,615 4,615 $76 $66 4,547 4,553 4,553 4,547 4,553 $69 4,553 $45 4,547 $58 4,509 4,553 Direct Origination Expense $23 $21 $20 $22 Commissions $22 $36 $37 $38 $38 Marketing $38 $107 $108 $108 $103 $
Slide 8: Historical Servicing Portfolio Trend
HISTORICAL SERVICING PORTFOLIO TREND ($ in billions) Recapture %(1) : 71% 75% 65% 70% 65% Retention %(2) : 61% 60% 67% 62% 63% Total Serv Exp$ to Avg. UPB $, bps: 2.6 2.8 2.6 2.4 2.8 8 (1) Recapture rate as defined on page 3. (2) Portion of loan origination volume that was sold servicing retained in
Slide 9: Liquidity and Balance Sheet
LIQUIDITY AND BALANCE SHEET Unrestricted Cash ($M) 9
Slide 10: Q4 2025 Outlook
Q4 2025 OUTLOOK* Current Market Metric Low High Conditions • Limited supply of new and resale homes continues to adversely Pull-through Weighted impact homebuying activity $6.0 $8.0 Rate Lock Volume ($bn) • Decreasing long-term interest rates incentivizing refinance activity of higher-rate mortgages
Slide 11: Appendix
loanDepot APPENDIX
Slide 12: Balance Sheet & Servicing Portfolio Highlights
BALANCE SHEET & SERVICING PORTFOLIO HIGHLIGHTS 12
Slide 13: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION 13 (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 14: Non-GAAP Financial Reconciliation (Cont'd)
NON-GAAP FINANCIAL RECONCILIATION (CONT’D) 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,
Slide 15: 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