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Leif Thomsen
Founder and Former CEO, Mortgage Master, Inc
Leif Thomsen is a prominent figure in the mortgage industry, best known for founding and leading Mortgage Master, Inc. before its acquisition by loanDepot. Here are key details about his career and accomplishments:
Background and Career
Leif Thomsen founded Mortgage Master, Inc. in 1988, shortly after arriving in the United States from his native Denmark.4 He started the company in his basement in suburban Boston, growing it into one of the largest privately-owned mortgage companies in the nation.2
Mortgage Master Leadership
Under Thomsen's leadership as Founder and CEO, Mortgage Master achieved significant success:
- Grew to employ approximately 700 professionals nationwide, including over 300 loan experts2
- Operated in 26 states and the District of Columbia2
- Funded more than $6.2 billion in retail home loans in 20132
- Assisted over 19,000 borrowers across 26 states in 20132
- Named to Inc. Magazine's list of America's Fastest Growing companies2
- Ranked in the top 10 of Mortgage Executive Magazine's list of Top 100 Mortgage Companies in America 20132
Acquisition by loanDepot
In November 2014, loanDepot, LLC announced the signing of a definitive agreement to acquire Mortgage Master, Inc.2 The acquisition was completed on January 2, 2015, for $38.2 million.1
As part of the agreement, Leif Thomsen continued to lead the Mortgage Master brand within loanDepot.2 The acquisition aimed to fuel growth of loanDepot's enterprise-level retail branch strategy and expand its coast-to-coast reach.2
Current Role
After the acquisition, Leif Thomsen transitioned to a role at loanDepot, where he was involved with the Retail – Mortgage Master division.3 His LinkedIn profile indicates he was based in Walpole, Massachusetts.5
Leif Thomsen's leadership and entrepreneurial success in the mortgage industry have established him as a respected figure in the field, known for building Mortgage Master into a significant player in the mortgage lending market before its integration with loanDepot.