Quicken Loans

  www.quickenloans.com
  www.quickenloans.com

Quicken Loans Reviews

Updated December 18, 2014
Updated December 18, 2014
484 Reviews
3.8
484 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Quicken Loans CEO Bill Emerson
Bill Emerson
369 Ratings

Review Highlights

Pros
  • I also had a chance to experience the work environment and why Quicken Loans is number one (in 29 reviews)

  • Great culture, friendly team members fun looking office atmosphere (in 24 reviews)


Cons
  • Work-life balance is the number one reason team members leave QL (in 55 reviews)

  • no work life balance, management cares about sales not necessarily the individuals (in 32 reviews)

More Highlights

124 Employee Reviews Back to all reviews

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  1.  

    Escrow Account Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Escrow Account Analyst in Detroit, MI
    Current Employee - Escrow Account Analyst in Detroit, MI

    I have been working at Quicken Loans full-time (more than 3 years)

    Pros

    I like working here. The benefits are great and it pays well enough for the level of work I am expected to know and do. No production bonus, but they do have a yearly merit bonus. Fun environment to be in. The Escrow Account Administration team just won the JD Power award for being the best escrow account management team in the loan servicing industry. Pretty standard working hours, 9-6. No weekends. Everyone on the 70+ person Escrow Team seems to know everyone. There is a moderately highly turn over rate on this team, but not because it is a bad team to work on. The turn over rate is because people generally use this team as a launching point into other more 'prestigious' and higher paying jobs at QL because it is easy to get noticed one this team. It has a lot of visibility to other teams. So in conclusion, I would not want to stay on this team for several years, but its a great place to meet some good people and get noticed.

    Plus, if you ever want to own a house and have an escrow account, being on this team will provide a lot of knowledge on how the process works.

    Cons

    Not too much to say here. Everyone wishes they got paid more. Everyone wishes they had a cooler sounding job title. Everyone wishes they had things other people had. And everyone wishes they had those things yesterday. My advice to that? Keep quiet, work hard, learn as much as you can about your job, and it will happen. This team is a great place to do all of that.

    Advice to ManagementAdvice

    This part does not matter, it makes no difference. Work hard and good things will happen.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great place right in the heart of Downtown Detroit!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Detroit, MI
    Former Employee - Intern in Detroit, MI

    I worked at Quicken Loans full-time (less than an year)

    Pros

    There is so much to learn about this company. Interning at this place was one of the best ideas I ever made. You can build your skills in customer service, IT, mortgage banking, marketing, and much more!

    Cons

    Don't see any cons on this place.

    Advice to ManagementAdvice

    Keep on Engineering to Amaze!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Been with company for almost a year as a mortgage banker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Quicken Loans

    Pros

    Good opportunity to build career, and the ability to have a great brand to stand with.

    Cons

    Work life balance is not very good. 9-730 Mon through Friday, and work most Saturdays.

    Recommends
    Positive Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    It is great company to gain entry level experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Detroit, MI
    Former Employee - Business Analyst in Detroit, MI

    I worked at Quicken Loans as an intern (less than an year)

    Pros

    There are lots of opportunity for lateral promotion/move within this company. And the team leaders are very well trained and very open teaching to you new skills.

    Cons

    It is considered to be tech company and requires you to have lots of working knowledge for SQL, which I did not have. So it took a quite awhile for me learn

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Mortgage Banker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Banker in Cleveland, OH
    Former Employee - Mortgage Banker in Cleveland, OH

    I worked at Quicken Loans full-time (more than an year)

    Pros

    Great company, good work environment, plenty of opportunity to increase your earning potential from month to month.

    Cons

    More than just your job, it becomes a lifestyle choice. You can make all the money you want but count out seeing friends and family. Have become very focused on individual daily metrics.

    Advice to ManagementAdvice

    Find a way to reduce time in the office. Monday through Friday would be great, tell middle management to stop guilting their team into working weekends.

    Approves of CEO
  7.  

    Software Engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Detroit, MI
    Current Employee - Software Engineer in Detroit, MI

    I have been working at Quicken Loans full-time (less than an year)

    Pros

    Like the company culture, people are willing to help. It is a fun place to work at. People worked here are very knowledgable.

    Cons

    Benefits provided could be better.

    Approves of CEO
  8.  

    Quicken loans offers a lot of perks and benefits. Definitely a unique fun environment which makes the long hours and production goal pressure a tad more tolerable.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Quicken Loans

    Pros

    Great Benefits and works to working there. Much room for movement and advancement. Don't have to worry about being stuck in one position for a long time if you choose not to.

    Cons

    Expectations can be tough to balance a work and home life...depending on the team/department you work in.

    Neutral Outlook
    Approves of CEO
  9.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Quicken Loans as an intern

    Pros

    Great place to work, and excellent training.

    Cons

    Fun atmosphere, contest winning and free coffee.

    Recommends
  10.  

    Great training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Mortgage Banker
    Former Employee - Executive Mortgage Banker

    I worked at Quicken Loans full-time (more than 5 years)

    Pros

    great technology, training, and benefits, community involement

    Cons

    high pressure sales, work life balance,

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Data Modeler

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Quicken Loans full-time

    Pros

    good company culture and nice co-workers

    Cons

    long work time and fast pace

    Recommends
    Approves of CEO

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