"loanDepot is a progressive, industry-leading mortgage originator and serviced that I have found to make me a stronger, more proficient underwriter. It is lacking in qualified leadership promotion which I why I am looking elsewhere. It is a great company if your goal is to stay as an Operations associate, but if you are looking for leadership growth it is not the company for you."
"I started work with Loan Depot in January of 2021 they are a strong company who opened a new department which I was hired for. There were many issues with getting it off the ground. It was a learning curve for everyone. My Manager was very helpful and hands on with our Team. Eventually they ended up revamping the whole project, but were not able to place everyone into other roles."
"Learned a lot in my current company, worked with different teams and technologies."
"LoanDepot is a great company to work for. They have a lot of opportunities to move up and a lot of training which is super helpful and i enjoyed working here. My manager was great, the VPS was great and was an open book. I could reach out to them whenever i needed to/ wanted to. which is always nice. I would recommend working here for new Loan officers. It's overall a 8/10 to work here"
"Loan depot is a good company to work for but training needs to be improved on"
"Great place to work, just needs better management and better organization skills as a whole."
"LOANDEPOT pays a fantastic salary but offers 0 work life balance."
"The company abuses the employees, they don't want to pay overtime but they want you to close loan outside of your hours. Since it was made public to buy stocks, they do not value their employees."
"I've worked in the mortgage industry for over 10 years and I've always found it so fascinating all the different jobs the mortgage game has and I've tried to learn every single one, I'm at Loan Depot right now and i really enjoyed working there, i learned a ton but in these difficult times that were going through their making changes that my family and i just cant be apart of it."
"I’ve worked for Loan depot since November and it’s a great company. I have seen how they handle people and they have a good culture. I am on a contract hence I have to leave but if I had the opportunity I would grow within. Looking forward to getting that growth with this company in the near future ahead"
"Due to the current market I feel loan depot may be in a mass hiring phase causing there to be people newly in positions they aren’t accustomed too. I would ask time sensitive questions of my supervisor and at times wouldn’t hear back for days even with me constantly following up. My manager did try her best however the theme seems to be close the easy files and leave the difficult ones to age out without follow up, leaving our customers in a slump. Possibly building an escalation team would be helpful in loan depots future."
"Worked here in 2020 on grassroots project."
"I have worked for loanDepot for almost a year now, going onto my second year next month. The work environment here is amazing. It is very supportive, if any help is needed I can go ahead and ask for it and I’ll get the help right away. The management team here really promotes for our teammates to help other teammates, really promoting a sense of family within the work place. I would give loanDepot a 10/10 place to work."
"Great leaders and coworkers."
"loanDepot is an industry leader and provides a lot of opportunity. Unfortunately leading the industry tends to take away from the employee/employer relationship."
loanDepot.com has an overall rating of 3.9 Average Rating out of 5, based on over 33 loanDepot.com Review Ratings left anonymously by loanDepot.com employees, which is equal to the average rating for all companies on CareerBliss. 97% of employees would recommend working at loanDepot.com.
loanDepot.com employees earn $58,000 annually on average, or $28 per hour, which is 12% lower than the national salary average of $66,000 per year. 31 loanDepot.com employees have shared their salaries on CareerBliss. Find loanDepot.com Salaries by Job Title.
97% of employees would recommend working at loanDepot.com with the overall rating of 3.9 out of 5. Employees also rated loanDepot.com 3.8 out of 5 for Company Culture, 3.5 for Rewards You Receive, 3.4 for Growth Opportunities and 3.8 for support you get.
According to our data, the highest paying job at loanDepot.com is a Loan Officer at $150,000 annually. Browse loanDepot.com Salaries by Job Profile.
According to our data, the lowest paying job at loanDepot.com is a Senior Mortgage Banker at $27,000 annually. Browse loanDepot.com Salaries by Job Profile.
According to reviews on CareerBliss, employees commonly rated the pros of working at loanDepot.com to be Company Culture, Growth Opportunities, People You Work With and Person You Work For, and no cons.
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