loanDepot

  www.loandepot.com
  www.loandepot.com
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2 people found this helpful  

Amazing place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Mortgage Banker  in  Foothill Ranch, CA
Current Employee - Senior Mortgage Banker in Foothill Ranch, CA

I have been working at loanDepot full-time for more than a year

Pros

Fast moving and growing company
Great management team
Outstanding Pay

Cons

Long hours and can be stressfull at times, but for the pay everything is worth it. Bottom line is if you aren't looking to work hard with the potential of high earning ($125,000 plus) than this job isn't for you

Advice to ManagementAdvice

Keep up the great work thanks for listening to us and making loanDepot such an amazing place to work at. I couldn't have more trust in leadership team at loanDepot.

Positive Outlook
Approves of CEO

82 Other Employee Reviews for loanDepot (View Most Recent)

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  1. 1 person found this helpful  

    Great Opportunity, Great Support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Mortgage Banker  in  Foothill Ranch, CA
    Current Employee - Senior Mortgage Banker in Foothill Ranch, CA

    I have been working at loanDepot full-time for more than a year

    Pros

    From the very beginning, this company has had everyone's back. I came into the industry with no experience and not an idea of what to do. The company paid for my training and all of my licensing. The training staff had our backs the whole time, and you can tell people are happy with their jobs.

    You hear directly and frequently from the CEO, and there are numerous avenues where your input can be provided. Managers provide great support and I have never felt like I was left out to dry.

    You run your own business. You have to work hard for what you get but that seems to be the notion with life. At least I know I can control my results. There are many opportunities here.There are a ton of opportunities in this company and they are always hiring from within as well.

     I have recommended the company to my friends and family.

    Cons

    Sometimes the work and hours become heavy, but it is a result based industry.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 8 people found this helpful  

    The good reviews you are reading are completed by management! Trust me!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Mortgage Banker  in  Plano, TX
    Current Employee - Senior Mortgage Banker in Plano, TX

    I have been working at loanDepot full-time for less than a year

    Pros

    I honestly tried to find a pro about working here. I cannot think of any...

    Cons

    Long hours with little pay...you will make 35K/year and that will be working 60 hours a week. Everyone on the phones is looking for another job. Overtime would not be bad if we were making the 8K/month they promised. They pay you practically minimum wage for the first 4 months and claim they pay a lot of money to train you. Then why won't you pay a decent wage during training? If you invest 'so much' in every employee- why not invest in a decent wage to live on? Do not work here!

    Advice to ManagementAdvice

    Take care of your employees like you promise - words don't mean anything. Action does.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    loanDepot Response

    Apr 22, 2014Director of Recruiting

    We appreciate all comments, both positive and constructive, so thank you for taking the time to share your experience.

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