loanDepot Reviews

Pros

There used to be a very good culture, but that has changed in recent years for the worse and there is no regard for work/life balance anymore. Managers, on a local level, seem to have their employees best interests in mind, but that stops at upper management. There is a remote work option available for most positions which is nice, but that’s becoming more common at other companies so it’s not as enticing as it used to be.

Cons

Overall compensation continues to be cut and this company is no longer competitive in that area. They have taken the stance that they would rather hire someone with little to no experience and pay them as little as possible rather than keep experienced people with a proven track record by compensating them fairly. Upper Management has lost touch with their employees and has lost sight of what made the company great in the first place. They will run you ragged if you give them the chance, and you are looked down on if you do not participate in overtime.

Pros

Unfortunately there are no positives here

Cons

Management and HR need serious restructuring maybe they should be required to take a class twice a year on management and people skills

Pros

Great office employees and benefits

Cons

Upper Management DOES NOT back its employees they allow the Dept Managers to belittle and harass employees because of customers who complain over minor issues that can be solved. High turnover, favoritism of certain employees, lacks positive management