Not a good company if you desire a career - Loan Officer LendingOne Employee Review

1.0
Aug 13, 2019
Recommend
CEO approval
Business Outlook

Pros

Good software for managing applications. Other than that nothing else

Cons

Horrible pay. Can you imagine prospecting for and writing mortgage loans for less than $45k a year. The COO has his head stuck up his rear. Horrible management skills. most employees last maybe 6 months

Explore other reviews about LendingOne

5.0
Jun 20, 2025
Recommend
CEO approval
Business Outlook

Pros

They are very good fr

Cons

There are really none fr

1.0
Apr 25, 2026
Recommend
CEO approval
Business Outlook

Pros

Aside from leadership, the worker bees are mostly great. Free snacks and coffee.

Cons

50%+ turnover in 2025 alone. People come and go so quickly it's hard to keep track. This level of attrition is always 100% tied to management. The CEO is running the place into the ground. Apparently they laid off 10% of the staff in 2026, which speaks to the sinking ship he is "building". Leadership is mostly comprised of back-stabbing, condescending egomaniacs. The company has zero processes, systems or operational direction. Competitors newer to the space have blown past them and the company probably won't be around for more than 2-3 more years. Expect continual downsizing and eventually Blackstone will just shut them down or sell them off.

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LendingOne Response
1w
While we understand that not every employee experience will be the same, we do want to address a few statements that are factually inaccurate. First, our turnover rate was not 50% in 2025. Like many companies in today’s market, we continuously evaluate our business needs and team structure to ensure we are best positioned to support our clients and future growth initiatives. Earlier this year, we made a workforce reduction as part of that process. It was a difficult decision, but one that positioned the company for success in the future. We are also proud to have been recognized as a Top Workplace for 5 consecutive years — an achievement driven directly by employee feedback. Creating an environment where team members feel supported personally and professionally continues to be a priority for our leadership team. We remain committed to providing meaningful opportunities for growth, development, and long-term success. We welcome honest and constructive feedback, as it helps us improve as an organization. However, we respectfully disagree with characterizations that question the integrity, commitment, and care of our leadership team and the many employees who work hard every day to support LendingOne’s mission and future. We wish you the very best in your future endeavors.
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