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The companies stated that the 1,400 accepted offers through the Grand Slam program represent more than $500 million in purchase and sale volume.
“We developed the loanDepot Grand Slam with mellohome as a means to better serve homebuyers by simplifying one of life's most important and complex financial transactions,” said Anthony Hsieh, founder and CEO, loanDepot.
According to the companies, the product package combines digital-first simplicity with an expansive suite of services and a set of incentives.
Hsieh states that real estate service industries are moving towards consolidation of products and services for homeowners and that his company will continue to do so as well by using technology to achieve its mission.