loanDepot expands major MLB sponsorship

Lender will remain the official mortgage provider of a prominent franchise

loanDepot expands major MLB sponsorship

loanDepot, the official mortgage provider of the Major League Baseball, has renewed and expanded its sponsorship of the Miami Marlins and Boys & Girls Clubs of Miami-Dade.

The nonbank mortgage lender has announced that it will continue to support Miami Marlins as the official mortgage provider and naming rights partner of the team. In its first year of the partnership in 2021, loanDepot has donated $16,000 through the Miami Marlins Foundation, and Boys & Girls Clubs' Runs Scored program, which funds the creation of two youth baseball and softball teams for 30 children at the Northwest Club in Liberty City. Under the program, loanDepot will donate $50 for every Marlins run scored during the second season, including a bonus of $1,000 per run at the Home Opener.

"loanDepot park is our home away from home," said loanDepot chief administrative officer TJ Freeborn. "We care deeply about the communities where Team loanDepot lives and works, which is why we're so passionate about supporting those served by the Miami Marlins Foundation and Boys & Girls Clubs of Miami-Dade."

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"Since joining the Marlins family last year, loanDepot and CEO Anthony Hsieh have stepped up to the plate in such a big way," said Raquel Egusquiza, executive director of the Miami Marlins Foundation. "With the renewal of the Runs Scored program they've given Marlins fans yet another great reason to cheer this season. We're proud to call loanDepot a partner as they work alongside us to grow the sport of baseball and support those who need it most in our community."

"Thanks to loanDepot and the Miami Marlins Foundation's support, we're able to provide this opportunity for 30 kids, who may not otherwise have the chance to play and learn the sport of baseball – or even step foot in an MLB ballpark," said Alex Rodriguez-Roig, president of the Boys & Girls Clubs of Miami-Dade.

"The money donated by loanDepot will pay for fundamentals, like equipment, uniforms and coaching staff, things that other communities don't need to think twice about. Paired with the experience and advice they received today, we're making a lasting, positive impact on these kids and the community."