Financial News

loanDepot’s mellohome Launches Partnerships for Solar Installation, Home Improvement and Maintenance Services

Key Vision 2025 initiative helps customers enhance and optimize their homeownership journey

loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enable customers to achieve the dream of home ownership, today announced its mellohome1 real estate affiliate has partnered with top providers in the solar, home improvement, and home maintenance spaces. The partnerships are the latest in a series of initiatives intended to expand mellohome’s ability to support its customers’ homeownership journeys. The new partnerships complement the company’s existing real estate services while also supporting loanDepot’s purchase mortgage, refinance and home equity customers with valuable tools for those seeking to maintain or upgrade their homes.

"As mellohome continues to address the needs of today’s homebuyers, we’re evolving beyond core real estate services to build lifelong relationships with our customers,” said loanDepot Senior Vice President Norm Steeg. “Importantly, mellohome will now support customers throughout their entire homeownership journey, from searching and buying to renovating and selling, and everything in between, offering access to all of the home products and services a homeowner needs in one convenient portal.”

Understanding the challenges homeowners face today with surging utility rates, mellohome has teamed up with Lumio, a leading provider of personalized renewable energy solutions, to help customers tap into solar energy more seamlessly. By adding solar technology to their homes, customers can reduce their carbon footprint while building equity and helping to create a more sustainable future.

"Lumio's mission is being propelled through our partnership with mellohome, expanding our reach as we work to provide a sustainable, alternative source of power to homeowners around the country," said Lumio SVP of Business Development Kevin Copeland.

Whether it’s seasonal maintenance, minor home improvement projects or a more significant renovation, hiring a trustworthy professional can be difficult for homeowners. mellohome’s partnership with BOSSCAT, a real estate data platform revolutionizing home services through a one-stop shop for repairs, aims to simplify this task, allowing customers to access a network of trusted local resources in their area. BOSSCAT helps customers identify quality, licensed, insured, and vetted contractors and repair professionals, ensuring the highest service standards with the click of a button.

“Just like mellohome, BOSSCAT is committed to supporting homeowners’ lifecycle needs through personalized insights, easy ordering and quality services,” said Min Alexander, CEO and founder of BOSSCAT Home Services and Technologies. “We look forward to providing mellohome customers with access to our home improvement, repair and maintenance services.”

These new partnerships build on mellohome’s existing relationships with HomeKeepr, which provides customers with moving services, and ADT, which offers customers home security systems.

To learn more, visit https://www.mellohome.com/.

About loanDepot

loanDepot (NYSE: LDI; NMLS # 174457) is an equal housing lender and digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the nation's largest non-bank retail mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.

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1 mello Home Services, LLC (Texas license #9006745) and mello Home Inc. (California license #02063618) d/b/a mellohome is a licensed real estate brokerage. For details about mellohome licensing and offerings, please go to http://www.mellohome.com.

.@loanDepot announced @mello_Home has partnered with top providers in the solar, home improvement, and home maintenance spaces -the latest in a series of initiatives intended to expand its ability to support its customers’ homeownership journeys.

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