Quicken Loans Reviews

Updated June 26, 2015
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3.9
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Quicken Loans CEO Bill Emerson
Bill Emerson
317 Ratings

Pros
  • Nice work environment and good co-workers (in 29 reviews)

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

Cons
  • No work-life balance due to hours noted above (in 55 reviews)

  • No work life balance, expect 65 hours minimal (in 32 reviews)

More Pros and Cons

398 Employee Reviews

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  1. Featured Review

    Helpful (9)

    Excellent place for a great career

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

    I worked at Quicken Loans full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I worked at Quicken Loans for more than nine years and it was a tremendous experience. It is a great place for a person with creativity and passion. I was able to pursue my ideas and see them grow into marketing channels. This is encouraged by leadership and I can honestly say that anyone with a great idea and passion to see it through will do well at Quicken Loans. I never experienced the complaints of a work life balance that others have mentioned here. In the nine years I worked there, all on the Marketing team, that was never the case for me. My experience was, with very few exceptions, one of people who cared deeply about me and my fellow teammates at QL. In my second year of employment, I was severely injured in a freak accident and was literally couch-ridden for two months as I recovered. My leader went out of his way to make sure I didn't lose pay and allowed me to work from home until I could return to the office. Interestingly enough, it was during this time working from home when I was able to focus on and launch our Yahoo! Answers program, which became the seed of the current Social Media team (today the best social media team in financial services in the U.S.). Over the years I was able to build a team, watch several people I hired grow and build careers, and help launch several other marketing channels including my two favorites - blogging and podcasting. Although I left for a career opportunity in a completely different business, I highly recommend Quicken Loans for anyone that wants to learn a tremendous amount and work with great people. Additionally, as a person who grew up in Detroit, I have to say that the work that Quicken Loans (and Family of Companies) has done to rebuild downtown Detroit is incredible. Finally, I have absolutely no doubt that Quicken Loans will one day be the largest mortgage company in America. That is guaranteed. They have the goods and it will take them to the top.

    Cons

    This isn't really a con, just some friendly advice. If you aren't passionate and energetic, you probably will not enjoy the environment at Quicken Loans.


  2. Helpful (1)

    Be prepared

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

    I worked at Quicken Loans

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    If you work hard you can earn $$$
    The people you work with are amazing

    Cons

    Be prepared to work longer than normal hours even if you produce
    Work/Life balance isn't the best


  3. software engineer intern

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

    I have been working at Quicken Loans as an intern (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Best work culture, loving it.

    Cons

    less pay for interns, this is only drawback.

    Advice to Management

    please increase intern hourly rate.


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


  5. Nice place to be ;)

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

    I have been working at Quicken Loans full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    very friendly work place.

    Cons

    lots of hours for full time


  6. Helpful (1)

    SQA Engineer

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

    I have been working at Quicken Loans full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture and benefits, nice people and lot of daily perks (popcorn, TV, slushies). Always use the most up to date technology. Lots of team building activities.

    Cons

    work hours can be hectic, salary could be better

    Advice to Management

    Improve documentation of all apps


  7. Helpful (1)

    Administrative Assistant

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

    I worked at Quicken Loans

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company to work for

    Cons

    Slow to hire for permanent positions


  8. Great Place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Business Analyst Intern in Dearborn, MI
    Current Intern - Business Analyst Intern in Dearborn, MI

    I have been working at Quicken Loans as an intern (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    technology, takes care of you, something new every day

    Cons

    some down time, some disillusion

    Advice to Management

    Cater to your interns more by giving them work to do and a path.


  9. QL Culture

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Oak Park, MI
    Current Employee - Anonymous Employee in Oak Park, MI

    I have been working at Quicken Loans full-time (Less than a year)

    Pros

    Quicken Loans had a Good Culture

    Cons

    The Team leaders showed favoritism


  10. Helpful (4)

    Good place to work

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

    I have been working at Quicken Loans full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    They provide you with all the basic needs to get your work done, the best of technology and technology support, office supplies, unlimited snacks and coffee.

    Cons

    Ubrubt management/leadership changes. You're here one day and gone the next, and no one knows why. Despite the "fun" atmosphere they try to create downtown, it's so hard to get out of the office to enjoy any of them. I live in the suburbs and the drive to and from downtown is simply awful, but of course that's not on them. It's a great place to start your career but not much of advancement options unless you're a favorite of a leader.

    Advice to Management

    People are leaving a good company mostly because of politics. Some leaders don't live the ISMS, start looking into why good team members are leaving.


  11. Great company!

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

    I have been working at Quicken Loans full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent benefits, great hours, good work / life balance. Too many perks to list, but we'll worth the move!

    Cons

    No real downside. At times you get too busy to think, but it all evens out in the long run. 24/7 coverage on the NOC can make for long shifts.

    Advice to Management

    Keep up doing what you are doing, you make quicken a great family!



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