Compare Bank of America vs loanDepot BETA

See how working at Bank of America vs. loanDepot compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Bank of America vs. loanDepot. Learn more about each company and apply to jobs near you.
Bank of America company icon

Bank of America

loanDepot company icon

loanDepot

Employee Ratings

  • Bank of America scored higher in 8 areas: Overall Rating, Career Opportunities, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.
  • Both tied in 1 area: Compensation & Benefits.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
4.0
(based on 29257 reviews)
Bank of America employees rated their Overall Rating 0.3 higher than loanDepot employees rated theirs.
Overall Rating
(full-time and part-time employees only)
3.7
(based on 1564 reviews)
Career Opportunities
Career Opportunities
3.9
Career Opportunities
3.8
Compensation & Benefits
Compensation & Benefits
4.0
Compensation & Benefits
4.0
Work-life balance
Work-life balance
3.7
Bank of America employees rated their Work-life balance 0.4 higher than loanDepot employees rated theirs.
Work-life balance
3.3
Senior Management
Senior Management
3.6
Senior Management
3.5
Culture & Values
Culture & Values
4.0
Bank of America employees rated their Culture & Values 0.3 higher than loanDepot employees rated theirs.
Culture & Values
3.7
CEO Approval
CEO Approval
Bank of America Ceo Brian T. Moynihan
90%
90%Brian T. Moynihan
Bank of America employees rated their CEO Approval 10% higher than loanDepot employees rated theirs.
CEO Approval
loanDepot Ceo Anthony Hsieh
80%
80%Anthony Hsieh
% Recommend to a friend
% Recommend to a friend
78%
Bank of America employees rated their % Recommend to a friend 13% higher than loanDepot employees rated theirs.
% Recommend to a friend
65%
Positive Business Outlook
Positive Business Outlook
74%
Bank of America employees rated their Positive Business Outlook 8% higher than loanDepot employees rated theirs.
Positive Business Outlook
66%

Salaries

Bank of America has 48,401 more total submitted salaries than loanDepot.
Salaries for similar jobs
Salaries for similar jobs
Relationship Manager1867 Salaries
$51,319/yr
Relationship Banker1554 Salaries
$21/hr
Vice President983 Salaries
$135,838/yr
Salaries for similar jobs
Customer Lending Representative50 Salaries
$16/hr
Senior Mortgage Banker63 Salaries
$24,515/yr
Manager8 Salaries
$108,676/yr

What Employees Say

  • "Great benefits" was the most mentioned Pro at Bank of America.
  • "Loandepot" was the most mentioned Pro at loanDepot.
  • Bank of America had 494 more reviews than loanDepot that mentioned "Long hours" as a Con.
Pros
Pros
"Great benefits"(in 3130 reviews)
"Good benefits"(in 1918 reviews)
Pros
"Loandepot"(in 176 reviews)
"Work environment"(in 69 reviews)
Cons
Cons
"Long hours"(in 605 reviews)
"Upper management"(in 553 reviews)
Cons
"Long hours"(in 111 reviews)
"Work life balance"(in 99 reviews)
Featured Review
"Great"Jan 24, 2022

Former Employee - Relationship Banker

I worked at Bank of America full-time

Pros

Bank of America took the pandemic very seriously, and by far were the best employer when it came to safety and having a standard protocol. Management is very straight forward, and the work culture... really depends on the people you work with. However, it's hard to move up.

Cons

I don't have any cons

"GREAT COMPANY"Jan 24, 2022

Current Employee - Loan Consultant

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

Pros

To many to list, its truly amazing

Cons

I cant honestly say I have any

Advice to Management

Keep up the great work and assistance

Job Postings

Bank of America has 6,832 more recently posted open jobs than loanDepot.
Recent Jobs
Recent Jobs
Bank of America company logo7,080 Jobs
View All Jobs
Home Loans CloserChandler, AZ
30+ days ago
30+ days ago
30+ days ago
30+ days ago
Recent Jobs
loanDepot company logo248 Jobs
View All Jobs
30+ days ago
30+ days ago
Lending Officer - ACESFoothill Ranch, CA
11 days ago