Quicken Loans Reviews | Glassdoor

Quicken Loans Reviews

Updated June 19, 2018
1,274 reviews

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3.6
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Quicken Loans CEO Jay Farner
Jay Farner
215 Ratings

1,274 Employee Reviews

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Pros
Cons
  • "Maintaining work life balance can be difficult at times" (in 189 reviews)

  • "Long Hours working Here and not enough time for personal time" (in 205 reviews)

More Pros and Cons

  1. Featured Review

    "Quicken Loans Job Review current"

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

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

    Pros

    Great workplace atmosphere, team members all working toward common goal. Morale is high. Most people seem to like their work.

    Cons

    Hours can be on the long side.

    Advice to Management

    Keep supporting your team members!

    Quicken Loans Response

    Apr 30, 2018 – Job Board Specialist

    Thank you for taking the time to write this review! We are glad that you recommend working with us and we strive for positive team member experiences.


  2. "Account Specialist"

    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

    Career Opportunities
    compensation and benefits

    Cons

    Hours are long then they make them short then long again.

  3. Helpful (1)

    "Short term not long term"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Detroit, MI
    Current Employee - Business Analyst in Detroit, MI
    Approves of CEO

    I have been working at Quicken Loans full-time (More than 3 years)

    Pros

    Decent enviornmemt, employees are cool, doetown detroit is a cool place to work.

    Cons

    Below average salaries. Incomprtant middle managers. Lots of process and hard line etas.

    Advice to Management

    Educate your technology middle managers.


  4. "Good Opportunity in IT"

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

    I worked at Quicken Loans full-time (More than 5 years)

    Pros

    Benefits are good PTO combined into one bank allowing more flexibility. 401k match up to $2,500. Vested at 25% per year. Encouraged to volunteer. Snacks provided

    Cons

    Culture is changing and more restrictions being added. Before you know it the best place to work award will no longer apply.

    Advice to Management

    Be more transparent if over 50 people are let go in one area in such a short time. Admit, There is a work shortage you just didn't notice a group of employees who are poor performers and if so then management should be re evaluated.


  5. "Events Coordinatior"

    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

    great work culture
    good pay
    Good food
    good location

    Cons

    long hours
    over populated
    sky towers
    too many snacks

    Advice to Management

    look in to work/ life blaance


  6. "Overall great company’"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Quicken Loans full-time

    Pros

    The culture at QL is amazing and allows for a lot of growth depending on the area that you work in. They also do an incredible job making sure the community we work in is of priority.

    Cons

    Though touted as a flat organization, that can sometimes be untrue. Senior leadership can demand often crazy deadlines that can enable stressful environments.

    Quicken Loans Response

    Jun 4, 2018 – Job Board Specialist

    Thank you so much for taking the time to write this review. We appreciate your honesty and feedback!


  7. "Best place to work downtown"

    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

    vibrant atmosphere where creativity is always encouraged

    Cons

    Lack of transparency sometimes on overall direction

    Quicken Loans Response

    Jun 4, 2018 – Job Board Specialist

    Thanks for your review. We are so glad you love the culture as much as us!

  8. Helpful (1)

    "Burnout Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Detroit, MI
    Current Employee - Business Analyst in Detroit, MI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Quicken Loans (More than 3 years)

    Pros

    Colorful decor, snacks provided, great vision plan

    Cons

    Burnout culture, bad work life balance, micro managing team leaders

    Advice to Management

    Stop micromanaging teams


  9. "Senior Mortgage Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Underwriter in Detroit, MI
    Former Employee - Mortgage Underwriter in Detroit, MI
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Quicken Loans full-time (More than 10 years)

    Pros

    Monthly bonuses, overtime when work is available, benefits

    Cons

    Constant changes, lack of communication from management, unpredictable hours & pay checks


  10. Helpful (2)

    "Culture is not the same anymore"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Team Leader in Detroit, MI
    Former Employee - Team Leader in Detroit, MI

    I worked at Quicken Loans full-time (More than 10 years)

    Pros

    Great people to work with. My team was amazing.

    Cons

    In pockets, the culture really sucks. People have been put into senior leadership positions who shouldnt have been and they are killing the culture that was once amazing when the company was smaller. Also, be prepared to work a TON of hours.


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