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Quicken Loans Overview

Detroit, MI
10000+ employees
1985
Company - Private
Lending
$10+ billion (USD) per year
Looking for a career in technology? Make your idea the next “big thing” at Quicken Loans.
Quicken Loans revolutionized the fintech industry with the introduction of Rocket Mortgage, the world’s first completely online mortgage experience ... Read more

Mission: At Quicken Loans, we’re on a never-ending quest to find a better way for everything we do, everything we touch and everything we see. We don’t settle for less because it’s not in our DNA to accept anything less than amazing. It’s a key ... Read more


Glassdoor Awards

Highest Rated CEOs: 2015 (#44)

Company Updates

  • Looking for a career switch, but not sure where you fit? Check out this advice from our Quicken Loans recruiters to find that next perfect position.

    New Year, New Career - ZING Blog by Quicken Loans

    Do you sometimes wish you could switch careers? Talent acquisition software company iCIMS conducted a survey of 400 full-time employees in the U.S. The survey showed that "63% of full-time employees are looking for a new job." This could be, in part, because only 40% of workers are satisfied with their jobs, according to a survey by staffing company Spherion.

  • Quicken Loans is one of 19 companies the Muse named as having awesome new employee programs! Check them out here: http://glassdoor.com/slink.htm?key=vQHju

    19 Companies With Awesome New Employee Programs

    While starting a new job is always exciting, it can also be a little nerve-wracking. You don't know how any of the tools or software work. You don't know anybody's name. You feel like you need to leave a trail of bread crumbs just to find your way to the break room.

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Quicken Loans – Why Work For Us?


Do you want to work for a company that's built on Opportunity and Innovation - Where you can make an impact every day?

We have 15,000 passionate team members and growing. Are you up for the challenge?

There’s a reason we’re in the top-30 of FORTUNE Magazine’s 100 Best Companies to Work For in America, and have been there for 13 consecutive years. We were also ranked as the #1 place to work in IT by Computerworld magazine’s “100 Best Places to Work in Technology” for 2013-2016.

The reason Quicken Loans is such incredible places to work? That’s easy: Our culture, Our People and Our Technology drive our business.

Greatness is our mission, and we believe in it. And we believe that greatness can only be achieved in an extraordinary environment.

People who work here have the opportunity to make an impact everyday and accomplish incredible things. Not only do we help thousands with their home loans every day, We also have a tremendous impact on our industry, and we are very active in our communities.

We’re the fastest growing mortgage lender in the country for a reason. The lifeblood of our company, the center of our universe, are our Mortgage Loan Officers, AKA: Mortgage Bankers. Knowledgeable mortgage experts who provide un-parallel client service, our Mortgage Bankers are the most influential part of the client of experience, and one of the many reasons Quicken Loans clients rave about us.
 

If you’re ready to build a real career with real earnings potential, you’re ready to become a Quicken Loans Mortgage Banker. Our Mortgage Bankers get 15 weeks of paid training, excellent compensation and benefits, and so much more. You’ll guide our clients, helping them make strong financial decisions and achieve their personal and financial goals.



Our Mortgage Bankers/Loan Officers are…
Sales-oriented
Ability to thrive in an independent work environment
Forward thinking
Competitive
Empathetic
Adaptable
Coachable
Self-starter and self-motivated
Believes their personal efforts should be rewarded
Always challenging themselves to grow, learn, and advance throughout their career

We’re a tech company that happens to do mortgages. 

Computerworld ranked us the #1 Best Place to Work in IT 2013 – 2016, because “innovation and collaboration are priorities at QL.”

On the Technology team, you’ll develop skills by working on complex problems alongside supportive team members. You’ll have a dedicated four hours each week to innovate and work on any projects you choose. You’ll also have the opportunity to participate in hackathons, conferences and more. Most importantly, you’ll work on the technology and products that make homeownership available to millions of Americans.

IT Team Member Perks:

Bullet Time - is a weekly four-hour period in which technology team members can work on any personal project or idea they want, even those not related to the Quicken Loans business. 385 new projects were worked on, and Bullet Time continues to churn out innovations that significantly help team members and the business itself, including a conference room camera that gives those on a conference call a 360-degree view of the room in high definition.

Pitch Day – In 2014, Quicken Loans launched Pitch Day, a company-wide initiative to find incredible concepts that will elevate our business. Out of the 200 team members who submitted ideas, eight (four of which were technology team members) were selected to present in front of 300 team members while the rest of the company watched on a live broadcast. Ideas included a digital security badge, a persona-driven task management app and a Detroit art festival, among others. The winner received a trip to Cancun with their significant other while the runners-up each received $500 gift cards.

No matter the location or team, you’ll do real work, earn real pay and have real fun. We have full-time internships available all year round in Detroit (with summer housing available), Scottsdale and Cleveland. And, many of our interns gain full-time careers.

http://www.quickenloanscareers.com/about-us/internship-program/

Internship experience –
The internship experience with Quicken Loans provides skills and knowledge that cannot be learned in a classroom setting. The real world experience, intern-only events and volunteer opportunities create a work balance that is enjoyable for young professionals.  Our Interns are involved from day one in real business issues, project management, operations and innovative problem solving. Interns work side by side with our full-time team members and with the help of their team and mentor, we enable them get real business experience and to exceed their own expectations. 
 
Mentor experience –
Each intern is provided with a mentor to guide them through their intern experience. The Interns are provided real-time coaching and encouragement by their mentor, plus their mentor will oversee their daily growth, learning and make sure they have a good understanding of the business. They want to see you succeed in everything that you do and they are the first one to share your success with you.


Internship Events –
During the duration of the internship, there are many optional events available for interns to participate. These events range from a bus tour & scavenger hunts of Detroit, Tigers Games, Tour of Ford Field, River walk Carnival, Ice Skating in the Winter, and Volunteering within the community of Detroit.

Begin your next tour of duty with Quicken Loans. This six-month, full-time paid program gives veterans the opportunity to gain real-world experience in a variety of our business areas. You’ll work with a team of Military Veteran Recruiters who transform military experience into rewarding long-term careers.

http://www.quickenloanscareers.com/about-us/veteran-hiring-program/

What Is the Quicken Loans Veteran Hiring Program?

The Veteran Hiring Program provides all the resources you need to transition into a career with Quicken Loans. Regardless of your position on our team, whether you’re educating families on their mortgage options or amazing others with your technology skills, we set you up for success.

Our Mission
Our mission is to create career opportunities for veterans, service members and their families. The talent and discipline you can bring to Quicken Loans is what makes every facet of our company Engineered to Amaze.

Helping Veterans Thrive at Quicken Loans
We know the value our hundreds of veteran team members bring to the Quicken Loans family. That’s why we work hard to provide an environment that helps you reach your full potential. Whether you know exactly what type of role you want to fill, or you’d prefer to see what best suits your skills and experience through our Tour of Duty program, we want you to love working at Quicken Loans.
Dedicated military recruiters understand how your military background sets you up for success.

Peer mentors work closely with other veterans to help ease the transition from service life into our fun and unique culture. Our work and play environment means you can play ping-pong or foosball and enjoy treadmill workstations, video games, scooters and more. At Quicken Loans, you can

  • Transition into a career. We invest in your personal and professional growth through our Tour of Duty program, mentorship programs, outreach and volunteer opportunities, and continuing education.
  • Help fellow veterans. Quicken Loans works with several veteran service organizations, from Wounded Warriors to Paralyzed Veterans of America, to provide support to your fellow service members.
  • Enjoy great perks. Enjoy continuous training, fun trips, paid time off to volunteer and one of the most highly competitive benefits packages available. We provide the best to our team members – because they’re the best.

Quicken Loans Reviews

3.7
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
160 Ratings
  • Featured Review

    Helpful (14)

    "Great Place to Work if You're up to it!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Banker in Detroit, MI
    Former Employee - Mortgage Banker in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    -Amazing company culture. Very anti-corporate, all of my leaders had an open door policy, were typically willing to listen to me.
    -Great benefits
    -Great income potential
    -What you make is based on a blend of your natural talent and what you put into it. They give you the tools to be successful if you keep an open mind and are willing to learn.
    -Team-oriented approach, great support systems in place.

    Cons

    -Hours. They're up front with you about how much you'll be working, so you shouldn't be shocked, but talking about it is very different than actually working 50-60 hours a week, typical 6 days out of 7. You can get burned out fast.
    -Since it's sales, most of your income is based on your own performance. It's important to be aware of up front in case that's not for you ( I loved it)
    -They have aggressive sales goals for you. Not unobtainable, and not unfair, but you've got to be willing to work hard and put in the hours.
    -Sometimes the pressure to "put in the hours" can be pretty strong, even when you've worked past the point of efficiency. Typically not in your face, but definitely an "oh, you're leaving already?" vibe that can be off-putting.

    Advice to Management

    Lighten up on hours. I loved working there, and I really didn't want to leave, but it was too difficult for me to balance work and family, and when push came to shove I had to pick family.

See All 1,529 Reviews

Quicken Loans Photos

Quicken Loans photo of: Team members take a break to play pool on this Ford Mustang themed table
Quicken Loans photo of: Chase Qube
Quicken Loans photo of: 'The Vault' meeting room
Quicken Loans photo of: Campus Martius Lobby
Quicken Loans photo of: Campus Martius
Quicken Loans photo of: dPOP
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Quicken Loans Interviews

Experience

Experience
56%
25%
19%

Getting an Interview

Getting an Interview
64%
15%
9%
8
2
1
1

Difficulty

2.6
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

    Helpful (2)  

    Mortgage Banker Interview

    Anonymous Employee in Scottsdale, AZ
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through a recruiter. The process took 2+ months. I interviewed at Quicken Loans (Scottsdale, AZ) in October 2017.

    Interview

    Had a recruiter from Detroit reach out to me after putting information in a while back. We talked for about 25 minutes then she put me in touch with the Scottsdale recruiter since that is the location that I was interested in. Had about an hour phone call with her, going over past experience, skills, and behavioral type questions. She had me to do an online simulation which was a breeze then shortly afterwards scheduled me an interview. I had the in-person interview with the VP of sales and a sale manager at the Scottsdale location. Very easy-going interview and genuine management. They weren't hiding anything in what to expect from working at QL, which is often the contrary. We talked mainly about values and stories of my past experiences in sales. I didn't have to do a mock sales call like others mentioned having to do. It seemed more of a culture-fit interview than anything. I had my background check done which took almost 2 weeks total. Overall, a long process, but I'm excited to start working for this company.

    Interview Questions

    • What are 3 components that the best salesman have?   1 Answer
See All 1,122 Interviews

Quicken Loans Awards & Accolades

  • Best Place to Work in IT, ComputerWorld, 2017
  • Companies That Care, People Magazine, 2017
  • The 40 Best Companies in Financial Services, Fortune and Great Place to Work, 2017
  • 100 Best Companies to Work For, FORTUNE's 100 Best Companies to Work For, 2017
  • 100 Best Workplaces for Millennials - (#2), Fortune, 2016
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Work at Quicken Loans? Share Your Experiences

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