loanDepot Reviews
Updated Mar 3, 2021
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Pros
"flexibility, pay, growth, opportunity , Good work environment" (in 56 reviews)
"Loan Depot is Truly an amazing company to represent" (in 42 reviews)
Cons
"You have to work long hours to build up a pipeline if you're new" (in 80 reviews)
"work-life balance can be a little tough" (in 68 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
- Featured ReviewHelpful (1)
"I believe in loanDepot.com"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at loanDepot full-time for more than 3 years
Pros
Our hands-on leadership team. Led by CEO Anthony Hsieh, Team loanDepot is constantly innovating, seeking solutions that will delight our customers and disrupt the mortgage industry.
Cons
I have worked for several companies, in several industry, loanDepot is the best organization by far.
Continue readingThank you for the honest feedback. We strive to create a positive enviroment that inspires innovation and growth. .
"Analyst"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsNeutral OutlookApproves of CEOI worked at loanDepot part-time
Pros
Great culture and work/life balance.
Cons
Not given chance to work long term.
loanDepot Response
February 21, 2021 – loanDepot
We appreciate the feedback regarding your time as a member of Team loanDepot. We will share this review with our management team. If you would like to talk with someone further about future opportunities, please email wecare@loanDepot.com
Pros
It is a good company
Cons
I can't think of any.
loanDepot Response
March 4, 2021 – loanDepot
Thank you for sharing your review. We are delighted to hear this feedback!
"A+"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
Doesn't RecommendPositive OutlookApproves of CEOI have been working at loanDepot full-time
Pros
Commissions are great at LD
Cons
Long work week consisting of many hrs to meet expectations. ~60 hrs/wk
Continue readingloanDepot Response
March 2, 2021 – loanDepot
We greatly appreciate your review and are happy to hear that you are enjoying your time with loanDepot. We would also appreciate learning more any concerns you may be having about your position. You can email us at wecare@loandepot.com at any time. Thank you!
Pros
Benefits, Competitive Salary, Flexible Hours.
Cons
So far, nothing has come up.
loanDepot Response
March 4, 2021 – loanDepot
We are delighted to hear that your experience with loanDepot has been so positive. Thank you for sharing your review!
"Treat you like family"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at loanDepot full-time for less than a year
Pros
great work environment. lots of support
Cons
a lot of work for 15 an hour
"Introduction to the mortgage industry has been a dream"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at loanDepot full-time for less than a year
Pros
Amazing support. Amazing leadership. ACES program fully prepared you for the exam as well as getting confident in the products you are selling. I seriously have never had the kind of support I’ve had here. I was having a rough time once and my VP took me to lunch to discuss! Who does that???? LOAN DEPOT DOES THAT!
Cons
It’s mortgages. Rates are going to move but they give us the tools to be successful even when rates go up! It will be a few months before you see the big bucks but they have excellent ways to make sure your checks are decent while learning after you pass your exam.
Continue reading"Best Job on the Planet"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at loanDepot full-time for less than a year
Pros
Management, Compensation, Training, Benefits.... everything has been wonderful
Cons
The only con is there isn’t enough time in the day to make more money.
Continue readingloanDepot Response
March 2, 2021 – loanDepot
We are delighted to hear that your experience with loanDepot has been so positive. Thank you for your review!
"If I’m So Smart Why Aren’t I Successful Yet?"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at loanDepot full-time for more than a year
Pros
Leadership, Income, Work From Home, Environment, Training
Cons
Time off, Cold Calling, Systems
Continue readingloanDepot Response
March 2, 2021 – loanDepot
We are delighted that you are enjoying your time with loanDepot and recommend us to those looking for a fulfilling career in the mortgage industry. If at any time you would like to talk with someone about your concerns, please do not hesitate to reach out to us at wecare@loandepot.com.
"LLO ACES"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Diversity & Inclusion★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at loanDepot full-time for more than a year
Pros
Good growth potential, good pay, but low compared to industry average.
Cons
Horrible management / managers. Certain managers are amazing, but 80% are not good at their job, and the few that do get taken to better teams to have loan officer left at a lost with another new manager.
Continue readingloanDepot Response
February 25, 2021 – loanDepot
Thank you for taking the time to leave this review and to provide this valuable feedback. If at any time you would like to talk with someone further about your concerns, please do not hesitate to email us at wecare@loandepot.com so that we can initiate a conversation.
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loanDepot Response
March 13, 2020 – loanDepot