Case Study: loanDepot achieves $250K savings and 91% lower cost-per-hire with Glassdoor

loanDepot Saves $250K by Eliminating Two Traditional Job Boards

loanDepot, the third-largest private retail mortgage lender in the U.S. with more than 2,200 employees and 700+ licensed loan officers, needed to attract higher-quality candidates, lower its cost-per-hire, and strengthen its digital employer presence across all 50 states.

By shifting budget from two traditional job boards to Glassdoor job ads and an enhanced employer profile, loanDepot eliminated roughly $250K in spend and made Glassdoor its top recruiting channel for cost and quality. The move delivered a 91% reduction in cost-per-hire to about $800, doubled job-seeker traffic year-over-year, and produced 133 sourced candidates and two hires in 30 days.

Loan Depot

Shawna Ford

Director of Talent Management, loanDepot