For the first time, loanDepot is taking its talents to Utah, announcing the opening of its first Utah location and the appointment of Dan Munford, a local mortgage industry veteran, to serve as branch manager.
The move marks the 223rd retail site for the nation’s second-largest nonbank lender, loanDepot said in a press release, as the company continues to expand its physical presence nationwide. The lender said it plans to open more physical locations across the state and assemble top local talent from St. George to Logan.
“We have assembled an outstanding team of local experts who are here to serve as trusted resources for Salt Lake City and surrounding community residents,” said Alec Hanson, loanDepot’s senior vice president of production, in the release. “We pride ourselves with delighting our customers at every step of the mortgage process, and we look forward to assisting Utah families with their dreams of homeownership.”
Munford, who will oversee the Salt Lake City lending store, has more than 27 years of mortgage experience serving the Utah market. Joining him on the Utah team are Home Loan Strategists Matt Harrison and Justin Williams, Loan Officer Russ Wakefield, Internal Loan Consultant Nicole Sorensen and Production Assistant Jessica Cole.
“I look forward to helping my team make an impact in the communities of Salt Lake City and beyond,” Munford said said. “We are confident that our local expertise and our technology will make an impact for prospective homebuyers.”
The expansion into Utah is another example of loanDepot’s commitment to serving customers in the way they would like to be served, whether that be in person or online. Now celebrating its 10th anniversary, loanDepot credited its growth to a customer-centric focus, and sweeping investment in its mello technology.