Loandepot Names Nikul Patel Chief Growth Officer

Just hours ahead of its Q3 2025 earnings call, loanDepot announced on Thursday morning that it has hired Nikul Patel as its chief growth officer. Patel will oversee acquisition activities and customer engagement for the California-based lender.

“Nikul is a significant hire who will be a transformational member of our leadership team,” said loanDepot’s founder and CEO, Anthony Hsieh. “Not only does he bring an impressive track record of success from his years at LendingTree, but he also has a unique mix of fintech and public company experience that will serve us well.”

Hsieh continued, “As we pursue what I believe is the biggest market opportunity I have ever seen, driven by the mass adoption of AI, Nikul’s understanding of both our sector and our company, which includes his recent role as an advisor to our Board, makes him uniquely positioned to help accelerate our momentum.”

Most recently, Patel served as the co-founder and CEO of LoanGlide, an embedded financing platform that provided personal loans for home improvement. Between 2012 and 2019, Patel also held various leadership roles at LendingTree, including chief product officer, chief operating officer and chief strategy officer.

Before that, Patel co-founded Movoto.com, an online real estate search platform. Patel earned an MBA from the Wharton School at the University of Pennsylvania and an MS in Computer Engineering from Florida Atlantic University.

Said Patel, “I’ve spent my career building and scaling platforms that help consumers make smarter financial decisions—especially when it comes to buying and financing their homes. loanDepot is impressive: it has the brand, the breadth, the technology, and the leadership to redefine what’s possible in mortgage lending. I’m excited to join the team and look forward to working with Anthony as we unlock loanDepot’s full potential and accelerate our growth.”

loanDepot’s hiring of Patel marks another move in the company’s leadership shakeup since Hsieh returned to the CEO role in July. In August, the company promoted Tom Fiddler to president of retail lending and Dan Peña as president of partnerships. Dominick Marchetti and Sean DeJulia, who were key developers of the mello platform, also returned to the company after a hiatus.

In October, it was announced that Rick Calle returned to loanDepot as its chief strategy officer.