Quicken Loans Reviews | Glassdoor

Quicken Loans Reviews

Updated October 18, 2017
384 reviews

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4.0
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Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
42 Ratings

384 Employee Reviews

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Pros
Cons
  • Could have a better work life balance (in 169 reviews)

  • The long hours are due to their compensation being commission based (in 184 reviews)

More Pros and Cons

  1. "IT"

    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

    Awesome work spaces and a fun place to work

    Cons

    A lot of politics on the IT side. Also constant change, change is good but they change to much in my opinion.


  2. "Great time"

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

    I have been working at Quicken Loans as an intern

    Pros

    Work culture is amazing. I loved it.

    Cons

    Relocation not included which is hard.

  3. "Mortgage Banker"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    - Pay is excellent if you can excel ie $100k+ every year is very obtainable.
    - Excellent health, dental and vision benefits.

    Cons

    - No work life balance
    - Standard work week is 55 hours however to be successful you will be working more. Once required weekend days are factored in 65+ is more the norm.


  4. "Not bad, but lacking in some areas"

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

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

    Pros

    Great schedule
    Decent pay
    Good environment
    LOTS OF SPACE TO MOVE AROUND, seriously, you can go to any team and just work with them if you want to

    Cons

    The intern events are enough to drive you insane. They treat you like you're 5 years old and it is honestly dumb enough to cause brain damage. That single handedly made me want to switch locations if possible

    Advice to Management

    STOP THE INTERN EVENTS.


  5. "Quicken"

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

    I worked at Quicken Loans as an intern (More than a year)

    Pros

    Great experience, great culture, great city

    Cons

    traffic to Detroit was rough


  6. "Good place overall"

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

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

    Pros

    * Good culture
    * Gained good experience
    * Fun people
    * Exciting projects in tech

    Cons

    * Terrible work life balance
    * Pay was not good
    * Overworked their employees

    Advice to Management

    Pay your talent what they are worth to avoid the talent bleed that's happening.


  7. "Power Banker"

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

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

    Pros

    Great management and atmosphere. This job truly helped me to feel like I could go to any job after and master it with the intense training and experience I had. It also helped me in my communication skills. Short training period to get licensed

    Cons

    Long hours and less pay up front for training. Job has base salary but making the big bucks depends on production. If you do not meet production they are sometimes quick to kick you out. High turnover

    Advice to Management

    Stop treating your employees like they are disposable.

  8. "Auditor"

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

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

    Pros

    Fast pace work environment and a great learning experience.

    Cons

    Growth is not by what you do and how well you perform.


  9. "Intern"

    StarStarStarStarStar
    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A lot of access to team members across QL and the Family of Companies. Meaningful projects were given to complete, and there were always opportunities to create your own projects to benefit areas of the business.

    Cons

    Pay is not as competitive as other internships but was still good. There was also a lot of movement overall, so you must be open to change.


  10. "QUICKEN LOAN"

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

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

    Pros

    Fun people to be around and fun company meetings

    Cons

    It’s a time every year that loans run out and your hours start to get cut and days slow


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