Quicken Loans

  www.quickenloans.com
  www.quickenloans.com

Quicken Loans Reviews

Updated October 24, 2014
Updated October 24, 2014
451 Reviews
3.7
451 Reviews
Rating Trends

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

Review Highlights

Pros
  • I also had a chance to experience the work environment and why Quicken Loans is number one (in 27 reviews)

  • Good benefits and perks with discounts at many restaurants and stores downtown (in 23 reviews)


Cons
  • Work-life balance is the number one reason team members leave QL (in 51 reviews)

  • no work life balance, management cares about sales not necessarily the individuals (in 29 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    Pros

    Great people and atmosphere. A lot of money to be made in the Banking side of things if you are motived to work through the long hours and stress. Awesome Benefits.

    Cons

    long hours, and not great on work life balance. Seems to be work comes first at all times and can be hard to take vacation time.

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    My experience at Quicken Loans was very enthralling.

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

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

    Pros

    - The kind of work I was involved in has helped me grow a lot professionally
    - Different projects and the option of working in cross functional tasks
    - The opportunity to meet with senior management and the business leaders of the organisation

    Cons

    - Maybe the compensation was a bit too less for an intern, but the experience I got out of the internship is something that I would cherish forever
    - The culture is maybe too chilled out and laid back, but that is what defines the organization

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Wolf of Wall Street, Chucky Cheese and JP Morgan Chase put together.

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

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

    Pros

    Very fun. Look forward to work, culture is excellent. Pay is great.

    Cons

    You're going to have to work hard.

    Advice to ManagementAdvice

    Give interns more useful work to do.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Fun Culture, OK Pay

    Former Employee - Intern - Hourly in Detroit, MI
    Former Employee - Intern - Hourly in Detroit, MI

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

    Pros

    Fun place to work, lots of resources, perks like Tigers Tickets

    Cons

    Relatively low intern pay, Annoying downtown parking

    Advice to ManagementAdvice

    Higher intern salary with difference among teams.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great start

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

    I have been working at Quicken Loans

    Pros

    Fun atmosphere
    Supportive team
    Great team leaders
    Revitalization of Detroit
    Community involvement

    Cons

    The pay could be better

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    Learning experience for a lifetime

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

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

    Pros

    If you want to learning to be a harder and more efficient worker then work at Quicken Loans. You are pushed very hard with every position through the mortgage banker process. Excellent career advancement opportunity. I have 2 kids and I never really have time to see them. My health has gotten a lot worse too because all I do is work.

    Cons

    Long hours. Explaining EXACTLY why you need the day off if you decide you cannot make it in. If you don't perform well, you aren't really treated that well.

    Advice to ManagementAdvice

    Needs to be more of a Consistancey with management throughout the entire company. So many directors are unprofessional. I will give credit to the directors are legit and not in it for the money.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8.  

    Business Analyst Intern -IT

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

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

    Pros

    Great internship for a student who does not have previous experience working in IT. Many opportunities to learn different things and get involved in different projects. You will get an understanding of how teams in IT support software used by business partners. Many fun intern events in Detroit. You really get to experience the city and all of the new things that are happening.

    Cons

    It is sometimes difficult to become a key worker on projects because there are so many intern events to attend throughout the week.

    Advice to ManagementAdvice

    Set aside specific projects in advance that interns must complete during their time. This will ensure that they gain knowledge and have experience.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    you work a lot of hours

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

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

    Pros

    benefits are great, structure is good too.. a great company for someone young

    Cons

    horrible work balance, your life belongs to quicken loans to the minute you quit, which you will want to muliple times

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Look in the mirror

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

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

    Pros

    Compensation, Work Environment, Opportunities for advancement, HQ perks. This is a job where your financial success is all on you. If you cannot overcome adversity or give up easily, you will not be successful here. You can be be very financially successful here, as well as continue to move up and become even more successful. All of the negative reviews on here are most likely from people who just aren't winners. Frankly, all it takes to be top 5% in sales is hard work. Early, late, and often.

    Cons

    Long hours, The gym isn't in the building I work in.

    Advice to ManagementAdvice

    Keep doing what you're doing

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great culture; work long hours

    • 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 8 years)

    Pros

    Amazing training, benefits, pay ,etc...

    Cons

    Life-work balance is very difficult. They expect a lot.

    Recommends
    Positive Outlook
    Approves of CEO

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