loanDepot - Loan Depot is a sweat shop! It is very stressful. | Glassdoor
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There are newer employer reviews for loanDepot

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Helpful (7)

"Loan Depot is a sweat shop! It is very stressful."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Account Manager
Former Employee - Senior Account Manager
Doesn't Recommend

Pros

Pros-paycheck and overtime. They promote from within, but only if you worked for their prior companies. If you want to spend all your time at work and have no life, then this is the place for you.

Cons

Cons-You are only a number, poor management, sweat shop. This place is like high school with lots of clique's. They will let you know that you are disposable.

Advice to Management

Management is extremely unprofessional. Lied to me about the job, hours and pay. They are micro-managers. Bad atmosphere and moral. Better work life balance is critical!

loanDepot Response

Sep 11, 2013 – VP Talent Management

We appreciate feedback both constructive and positive, so thank you for taking the time to share your experience. We do recognize that work/life balance is critical to employee happiness as well ... More

Other Employee Reviews for loanDepot

  1. "Sr Loan Processor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Loa Processor in Foothill Ranch, CA
    Former Employee - Senior Loa Processor in Foothill Ranch, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at loanDepot full-time (Less than a year)

    Pros

    Awesome Culture. Well developed business plan. Great people.

    Cons

    The travel time for the location.

    Advice to Management

    I think the culture is one of the best and process flow is excellent. Keep up the good work.


  2. "IT Dept"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BSA in Lake Forest, CA
    Current Employee - BSA in Lake Forest, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at loanDepot full-time (Less than a year)

    Pros

    This place is truly one of the best places to work. Here is my quick list:
    1. There is exponential growth here.
    2. IT is treated like a first class citizen, IT is LDs future!
    3. LD is frequently catering food to the IT folks, and they have gourmet free drinks!
    4. Because it is a relatively new company you don't have lifers who think they own the place. So it is a limber financial company.
    5. Lots of restaurants around in Lake Forest.
    6. Well paid compensation.
    7. Ping pong tables, foos ball and other games it the middle of the IT dept.
    8. If you are a whiner and stick in the mud, do not apply.

    Cons

    I wish it was closer to HB.

    Advice to Management

    Anthony is a visionary, LD is sooo fortunate to be lead by our CEO.


There are newer employer reviews for loanDepot
There are newer employer reviews for loanDepot

See Most Recent

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