UNITED STATES SECURITIES AND EXCHANGE COMMISSION ~~WASHINGTON~~ Washington, DCD.C. 20549

FORM 8-K

CURRENT REPORT ~~PURSUANT~~ TO Pursuant ~~SECTION~~to Section 13 ORor 15(Dd) ~~OFTHE~~of ~~SECURITIES~~the Securities ~~EXCHANGE~~Exchange ~~ACT OF~~Act ~~1934~~of 1934
Date of ~~report~~Report (Date of earliest event reported) June 830, 2005

E-LOAN, INC. ~~(Exact Name of Registrant as Specified in Its Charter)~~

(Exact name of registrant as specified in its charter)

Delaware (State or Other Jurisdictionof Incorporation) 001-25621 (Commission File Number) 77-0460084 (I.R.S. Employer Identification No.)

Delaware	000-25621	77-0460084
(State of other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

6230 ~~STONERIDGE~~Stoneridge ~~MALL~~Mall ~~ROAD~~Road Pleasanton, ~~PLEASANTON, CALIFORNIA (Address of Principal Executive Offices)~~ California 94588 ~~(Zip Code)~~

(Address of principal executive offices including zip code)

(925) 847-6200 ~~(Registrant’s Telephone Number, Including Area Code)~~

(Registrant's telephone number, including area code)

~~Check~~ Not ~~the appropriate box below if~~Applicable ~~the~~ (Former ~~Form~~Name ~~8-K~~or ~~filing~~Former isAddress, ~~intended~~if toChanged ~~simultaneously~~Since ~~satisfy~~Last ~~the filing obligation of the~~Report) ~~registrant under any of the following provisions:~~

~~[ ] Written communications~~Check ~~pursuant~~the appropriate box below if the Form 8-K filing is intended to simultaneously ~~Rule~~satisfy ~~425~~the ~~under~~filing obligation of the ~~Securities~~registrant ~~Act~~under ~~(17~~any ~~CFR~~of ~~230.425)~~the following provisions:

[o ~~] Soliciting~~Written ~~material~~communications pursuant to Rule 425 ~~14a-12~~ under the ~~Exchange~~Securities Act (17 CFR ~~240~~230.~~14a-12~~425)

[o ~~] Pre-commencement communications~~Soliciting material pursuant to Rule ~~14d~~ 14a-~~2(b)~~12 under the Exchange Act (17 CFR 240.~~14d~~14a-~~2(b~~12))

[o ] Pre-commencement communications pursuant to Rule ~~13e~~ 14d-42(cb) under the Exchange Act (17 CFR 240.~~13e~~14d-42(cb))

~~Item~~o Pre-commencement communications ~~1.01. Entry~~pursuant ~~into~~to ~~a Material~~Rule 13e-4(c) ~~Definitive~~under ~~Agreement.~~the Exchange Act (17 CFR 240.13e-4(c))

OnItem ~~June 8, 2005, E-LOAN, Inc~~1.01. ~~(the “Company”)~~Entry ~~entered~~ into ana ~~agreement~~Material ~~with~~Definitive ~~Geoffrey~~Agreement Halverson, Vice President of Auto Operations of the Company, pursuant to which Mr. Halverson retired as an officer of the Company effective June 30, 2005. Under the agreement Mr. Halverson agreed to provide transition services to the Company until September 30, 2005.

~~Item~~On 9June 30, 2005, E-LOAN, Inc.01 (the "Company") entered into the Second Amendment to Credit Agreement (the "Amendment") with Wells Fargo Bank, National Association ("Wells Fargo"). ~~Financial~~ The Amendment amends the ~~Statements~~existing Credit Agreement, dated as of June 30, 2003, between the Company and ~~Exhibits~~Wells Fargo, as the same has been amended from time to time, which, among other things, makes a line of credit currently in the maximum amount of $2,350,000 available to the Company (the "Line of Credit"). Among other things, the Amendment extends the expiration date of the Line of Credit to June 30, 2006. A copy of the Amendment is attached hereto as Exhibit 10.1.

~~(c)~~Item 9.01 Financial Statements and Exhibits

~~Exhibit~~ (c) ~~10.1~~Exhibits ~~Agreement between E-LOAN, Inc. and Geoffrey Halverson dated June 8, 2005~~

~~SIGNATURES~~Exhibit 10.1 Second Amendment to Credit Agreement, dated as of June 30, 2005, by and between E-LOAN, Inc. and Wells Fargo Bank, National Association.

~~PURSUANT TO THE REQUIREMENTS OF THE~~ ~~SECURITIES EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED~~ SIGNATURES ~~ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.~~

~~E-LOAN~~PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, ~~INC.~~THE ~~By:~~REGISTRANT ~~/s/~~HAS ~~Mark~~DULY CAUSED E.THIS ~~Lefanowicz——————————————~~REPORT ~~Mark~~TO E.BE ~~LefanowiczPresident~~SIGNED ~~and~~ON ~~Chief~~ITS ~~Executive~~BEHALF ~~Officer~~BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.

Date: ~~June~~July 81, 2005

~~EXHIBIT~~E-LOAN, ~~INDEX~~INC.

Exhibit No.	Description	Page No.
10.1	Agreement between E-LOAN, Inc. and Geoffrey Halverson dated June 8, 2005	10.1-1


	By: /s/ Darren Nelson



	Darren Nelson
	Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
10.1*	Second Amendment to Credit Agreement, dated as of June 30, 2005, by and between E-LOAN, Inc. and Wells Fargo Bank, National Association.

* Also provided in PDF format as a courtesy.

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