Quicken Loans Reviews

Updated July 1, 2015
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499 Employee Reviews

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  1. Mortgage Banker

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

    I worked at Quicken Loans full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Fun atmosphere to work in, solid provided leads, good benefits, and unlimited earning potential

    Cons

    There was poor work life balance and always changing pay plans. Not the worst things in the world as if you performed you were well compensated

    Advice to Management

    I would suggest trying to maintain and keep pay scales the same instead of what seemed to be every few months being a change


  2. Life - Changer

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

    I worked at Quicken Loans full-time

    Pros

    A great environment and atmosphere in the heart of downtown Detroit. You're surrounded by great talent and that gives you a change to learn important lessons in the workplace and overall life

    Cons

    Long hours and for me it was a long drive 25 miles and with that being said traffic would be heavy back and forth

    Advice to Management

    My advice to management would be to chose candidates for hiring wisely so people don't end up slacking and taking advantage of you


  3. Great Company, and tons of Opportunity

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

    I worked at Quicken Loans full-time (More than a year)

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

    Pros

    Atmosphere, Opportunity, and Leadership Group. You would be hard pressed to prove to me their is a better company out there.

    Cons

    You will work a lot, but you are rewarded greatly for the effort that you put in.


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  5. Helpful (2)

    Quicken Loans

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

    I have been working at Quicken Loans (More than 3 years)

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

    Pros

    Atmosphere and culture is great, but geared towards the younger crowd.

    Cons

    Micro managers imbedded within the company. Not Quicken culture.


  6. Helpful (1)

    Great experience.

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

    I worked at Quicken Loans

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

    Pros

    Discounts around town, volunteer opportunities, and enjoyable atmosphere.

    Cons

    The traffic in and out of the city is always a killer.


  7. Great opportunity long hours

    • 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

    Approves of CEO
    Approves of CEO

    Pros

    The commissions are great. You can make from 3k-50k a month defending on how good you are.

    Cons

    You are expected to work at least 55-70 hours a week for at least the first 2 years

    Advice to Management

    Give people a break. The reason the turnover is so high is because even is someone is doing great you still expect them to work obscene hours.


  8. Helpful (1)

    Meant for the young and single

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Quicken Loans full-time

    Pros

    Good atmosphere, well paid for your efforts

    Cons

    Long hours, intense work environment


  9. Helpful (1)

    Work, Work, Work

    • 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

    Connections
    You learn a lot on the job and you'll love all the knowledge you get

    Cons

    Long hours
    No social life
    You can't really use the sick days they give you

    Advice to Management

    Elevation. People want to be promoted.


  10. Amazing place to work!

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

    I have been working at Quicken Loans full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    What's not to love. Awesome bennifits, great atmosphere, extremely team oriented, and a lot of fun. The leader here are great. They are always there to help you grow.

    Cons

    In all honesty I can't really think of any cons to working here. This place is great I love it here.


  11. You'd better enjoy your co-workers

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

    I worked at Quicken Loans (More than a year)

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

    Pros

    Commission opportunities, fast paced environment, work only on the front end of getting folks into the door, never have to worry about processing.

    Cons

    Long hours, mgmt will make you feel as if you're not doing enough, nothing will ever be enough in their eyes. Very much so what have you done for me lately. Support is off and on.



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