Quicken Loans Reviews

Updated July 30, 2015
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3.6
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Recommend to a friend
Approve of CEO
Quicken Loans CEO Bill Emerson
Bill Emerson
355 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

515 Employee Reviews

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  1. Featured Review

    Helpful (12)

    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. Purchase banker

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

    Great company to work for. Benefits are top notch, and have the ability to make a lot of money over time if you work hard.

    Cons

    Long work hours. Can be very stressful with changing guidelines as the industry is highly regulated. Also people can be hesitant to work with online lender despite Quickens well known brand.


  3. Great Place To Work

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

    I worked at Quicken Loans (Less than a year)

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

    Pros

    Had a great time working at Quicken. They are very invested in their employees.

    Cons

    No Cons. Everybody can submit their input in the Cheese Factory.


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


  5. Helpful (2)

    Quick and friendly

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

    I have been working at Quicken Loans

    Pros

    Very friendly recruiter, prompt response times and seems like it would be a fun work environment to work in.

    Cons

    I've heard from multiple people about the long hours required of the mortgage bankers and I don't know if that's something I can commit to considering there would be no time to give back to my family at the end of the day


  6. Intern at Quicken Loans

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Banking Intern in Scottsdale, AZ
    Current Employee - Mortgage Banking Intern in Scottsdale, AZ

    I have been working at Quicken Loans

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

    Pros

    Fantastic company culture, great people, treated with respect

    Cons

    Long hours, sales environment, may be stressful for some

    Advice to Management

    Keep doing what you're doing


  7. Great Place

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

    I have been working at Quicken Loans

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

    Pros

    Great place to work. Gotta say that the culture is amazing and they make it such a happy place to work in.

    Cons

    No cons that I can think of. Keep up the great work and keep growing.

    Advice to Management

    Nothing


  8. Quicken Loans

    • 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 (Less than a year)

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

    Pros

    Great Atmosphere, Apply yourself and be rewarded.

    Cons

    Make No Excuses. If things didn't work out for you, don't punish those who are hungry for success

    Advice to Management

    Hire the best, so that their will be competition


  9. NOC Intern

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

    I have been working at Quicken Loans

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

    Pros

    Great environment to work in, Friendly people

    Cons

    Awesome paid internship program, great outlook on future job opportunities.


  10. Great Company

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

    I have been working at Quicken Loans

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

    Pros

    Great Pay, Great Culture, Great team

    Cons

    A lot of hours to be accounted for

    Advice to Management

    Keep up the solid job


  11. Associate banker

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

    I worked at Quicken Loans (Less than a year)

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

    Pros

    Great Training that was able to really allow you to hit the ground running.

    Cons

    Late nights that will take you away from your family and friends.

    Advice to Management

    None.



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