Compare Quicken Loans vs loanDepot BETA

See how loanDepot vs. Quicken Loans compare on employee ratings, job openings, CEO approval, business outlook and more.
Quicken Loans company icon

Quicken Loans

loanDepot company icon

loanDepot

Employee Ratings

Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
3.8
(based on 1727 reviews)
Overall Rating
(full-time and part-time employees only)
3.3
(based on 995 reviews)
Career Opportunities
Career Opportunities
3.9
Career Opportunities
3.3
Compensation & Benefits
Compensation & Benefits
3.9
Compensation & Benefits
3.6
Work-life balance
Work-life balance
3.0
Work-life balance
3.0
Senior Management
Senior Management
3.5
Senior Management
3.2
Culture & Values
Culture & Values
3.9
Culture & Values
3.4
CEO Approval
CEO Approval
Quicken Loans Ceo Jay Farner
85%
85%Jay Farner
CEO Approval
loanDepot Ceo Anthony Hsieh
71%
71%Anthony Hsieh
% Recommend to a friend
% Recommend to a friend
70%
% Recommend to a friend
55%
Positive Business Outlook
Positive Business Outlook
65%
Positive Business Outlook
56%

Salaries

Salaries for similar jobs
Salaries for similar jobs
Mortgage Banker253 Salaries
$25,939/yr
Intern150 Salaries
$12/hr
Software Engineer57 Salaries
$77,787/yr
Salaries for similar jobs
Senior Mortgage Banker29 Salaries
$26,967/yr
Funder4 Salaries
$21/hr
Production Manager6 Salaries
$72,825/yr

What Employees Say

Pros
Pros
"Work environment"(in 152 reviews)
"Great culture"(in 117 reviews)
Pros
"Work environment"(in 55 reviews)
"Loan depot"(in 40 reviews)
Cons
Cons
"Long hours"(in 248 reviews)
"Work life balance"(in 240 reviews)
Cons
"Long hours"(in 74 reviews)
"Work life balance"(in 60 reviews)
Featured Review

Current Employee - Senior Mortgage Banker

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

Pros

- Great work environment - Heavy Compensation - Great training program - Feels like your not even at work - Huge growth opportunity - Promote from within - Learn a lot about sales/finance but... also life as well Incredible place to work with great benefits, great compensation, and great people. Everyone is always available to help coach or develop your skill and you can tell they truly care about your development. Could not be any happier with my position and company.

Cons

- Hours can be excessive occasionally - Skill set may take longer than you would hope to develop (everyone is different) The hours can be long sometimes but mainly in the beginning. It takes... time to develop your skills but once it clicks, it clicks; the hours drop, the pay increases, and it becomes a lot easier. Just need to give it at least a year to reach your full potential!

Advice to Management

Continue doing exactly what you’re your doing! Couldn’t be happier with my director, regional Vice Presidents, and Senior VP. Always there to help, coach, and develop your skill as well as be there... for any additional assistance you may need.

Former Employee - Senior Mortgage Loan Officer

I worked at loanDepot full-time for more than 3 years

Pros

Great technology makes your job easier, customers happier, life better.

Cons

Rates changed on us. You can feel like a robot whose every move is being tracked.

Advice to Management

Be careful who you hire as a regional manager and be more careful what you allow to be changed with rates/compensation to already successful branches.

Job Postings