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LoanDepot Q2 revenue rises 18% driven by 25% growth in home equity lending volume

Company Fundamentals
04 Aug 2026
PYMNTS
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Bullish
LoanDepot Q2 revenue rises 18% driven by 25% growth in home equity lending volume

LoanDepot's revenue increased by 18% in Q2, fueled by a 25% rise in home equity lending volume through its 5X5 HomeLoan product. This expansion taps into the $35 trillion U.S. homeowner equity market, offering a digital, fast-approval loan option that appeals in a high-rate environment. CEO Anthony Hsieh highlighted home equity lending as a key growth area that complements traditional mortgage products and broadens the company's market reach. The company expects home equity loans to remain attractive even when traditional refinancing picks up again.

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