Quicken Loans Reviews | Glassdoor

Quicken Loans Reviews

Updated September 19, 2017
1,102 reviews

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3.7
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Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
100 Ratings

1,102 Employee Reviews

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Pros
Cons
  • Could have a better work life balance (in 165 reviews)

  • The long hours are due to their compensation being commission based (in 179 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "Best place to work in Technology!"

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

    I have been working at Quicken Loans full-time (More than 5 years)

    Pros

    Great growth potential, amazing work/life balance, supportive team environment, strong leadership.

    Cons

    None, love it here and want to retire from here eventually!


  2. "Good Work Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good benefit and flexible time.

    Cons

    Intern salary is very low.

  3. "Ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Worked a lot, many connections made

    Cons

    too much work for interns


  4. "Love them"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I have been working at Quicken Loans full-time

    Pros

    Flexibility of day to day work.

    Cons

    Lower paying for marketing


  5. "Great job! Long hours!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time

    Pros

    Great culture and ability to learn

    Cons

    You will work 55-60 hrs per week


  6. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Mortgage Banker in Detroit, MI
    Former Employee - Executive Mortgage Banker in Detroit, MI
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Quicken Loans full-time (More than 3 years)

    Pros

    Good incentive pay, great people, awesome environment

    Cons

    Long hours, work life balance is difficult, career path is narrow, incentive pay changes frequently, company doesn't always seem to be in the right direction (left hand not talking to the right hand)

    Advice to Management

    Actually take advice from bankers. Too many decisions from the top that don't apply to those who's boots are on the ground.


  7. "Mortgage Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time

    Pros

    -Opportunity to make good money
     -Ability to win trips and contests
    - Good culture
    - Lots of support from directors and peers

    Cons

    - Stressful
    - No work/life balance

  8. "Mortgage Lender"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Quicken Loans full-time

    Pros

    Good location and very good pay if you put the work in.

    Cons

    You can work long hours


  9. "Solid Starting Opportunity for College Students"

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

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

    Pros

    There is a great culture at QL. Most who are promoted to leadership positions are very understanding, hard working people, who love to have fun as well. I had a wonderful experience with my leadership being straight forward and to the point about any issue, which I respected. It was a great place for me to get my feet in the civilian world after leaving the military, and are very friendly to veterans and college students.

    Cons

    You will work a lot. I have yet to encounter a person who works or worked at Quicken that didn't work over 50 hours every week in various positions throughout the company. They obviously have a certain reputation to uphold, but flexing work schedules is very minimal for them.

    Advice to Management

    They have come up with a great sales product, and are very good at it, but if you are going to ask your employees to work as much as they do--allow them to flex and determine their hours.


  10. "Client Care Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

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

    Pros

    Fantastic leadership and lots of learning opportunities!
    Great schedule, pay and benefits.
    Incredibly positive work environment.

    Cons

    Only the drive in from the suburbs. However there are many positions where there is the opportunity to work from home.

    Advice to Management

    None. Keep up the good work!


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