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Quicken Loans Employee Job Reviews in the United States

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On average, employees at Quicken Loans give their company a 4.2 rating out of 5.0 - which is 7% higher than the average rating for all companies on CareerBliss. The happiest Quicken Loans employees are Senior Mortgage Bankers submitting an average rating of 4.4 and Mortgage Bankers with a rating of 4.3.

37%
51%
10%
1%
0%
4.2
Average Rating
(based on 67 Quicken Loans Review Ratings)

Ratings by Category

Company Culture
4.3
Growth Opportunities
3.8
People You Work With
4.5
Person You Work For
4.3
Rewards You Receive
3.9
Support You Get
4.3
Way You Work
4.0
Work Setting
4.2
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"Quicken has earned the accolades they get as one of the best places in america to work, the culture is like no where else I have seen."
Posted 10 years ago in Detroit, MI
Senior Mortgage Banker

"It is great when the economy is good, but horrible when the economy is bad."

What do you like about working at Quicken Loans?

"I like the team-based structure."

What don't you like about working at Quicken Loans?

"It's not always a great working environment."

Mortgage Banker

"This job isn't for everybody."

What do you like about working at Quicken Loans?

"I like the team structure. There is a lot of coaching and help available."

Do you have any tips for others interviewing with this company?

"Be warned that more than half of all new employees are asked to leave or resign within 30-60 days of starting. If you're good at it, you will do great; otherwise, average won't cut it."

What don't you like about working at Quicken Loans?

"It is very cut-throat. If you start to fall behind, you are out. There are some unethical business practices as well."

What suggestions do you have for management?

"Focus more on clients rather than team and company goals."

Company-Industry Rating Comparison

4.2
Quicken Loans (76)

4.6 Highest Rated in this Industry is Home Finance of America (17)
2.2 Lowest Rated in this Industry is Cottonwood Financial (5)
3.8 Average of All Companies in this Industry (13,617)
Closing Coordinator

What do you like about working at Quicken Loans?

"I like the team members, location, atmosphere, and salary."

What don't you like about working at Quicken Loans?

"It is stressful, with long hours and limited opportunity for growth."

What suggestions do you have for management?

"Management at the director level needs to be reestablished."

Closing Coordinator

What do you like about working at Quicken Loans?

"I liked the salary and benefits."

Do you have any tips for others interviewing with this company?

"If you are not prepared to work incredibly long hours, this is not the place for you."

What don't you like about working at Quicken Loans?

"I disliked the long hours. There was no diversity in management, and some of them were too power hungry. Career advancement needs realigning."

What suggestions do you have for management?

"Minority is needed in management, and more opportunities for career advancement."

Help Desk Analyst

"I enjoyed it and learned a lot about the mortgage industry."

What do you like about working at Quicken Loans?

"I liked the Christmas parties, the overall experience, and the fast-paced environment."

Do you have any tips for others interviewing with this company?

"Bring your portfolio."

What don't you like about working at Quicken Loans?

"I didn't like that I was laid off."

Senior Account Executive

What do you like about working at Quicken Loans?

"It is a great atmosphere. Dan Gilbert (owner) is an outstanding guy."

Do you have any tips for others interviewing with this company?

"Work as hard as you can."

What don't you like about working at Quicken Loans?

"I dislike the low base pay."

Senior Account Executive

What do you like about working at Quicken Loans?

"There was a great atmosphere and nice opportunity to make money."

What don't you like about working at Quicken Loans?

"There was a low base, but commission was structured well."

What suggestions do you have for management?

"Not much, because things were run well."

Senior Mortgage Banker

What do you like about working at Quicken Loans?

"I liked the growth opportunity and the relaxed work environment."

What don't you like about working at Quicken Loans?

"The pay was way below average when I was employed at Quicken."

Title Analyst

"I enjoyed working for this company, but due to the decline of the economy, work was no longer available."

What do you like about working at Quicken Loans?

"I like the very friendly and knowledgeable team members, great overtime availability, and great location."

Do you have any tips for others interviewing with this company?

"Be ready for extreme hours."

What don't you like about working at Quicken Loans?

"I feel I was not appreciated for my hard work."

What suggestions do you have for management?

"Management should understand the ins and outs of the department that is being managed by them."

Senior Mortgage Banker
Person You Work For 5 / 5 People You Work With 5 / 5 Work Setting 5 / 5
Support You Get 5 / 5 Rewards You Receive 5 / 5 Growth Opportunities 5 / 5
Company Culture 5 / 5 Way You Work 5 / 5
Mortgage Banker
Person You Work For 4.1 / 5 People You Work With 4.7 / 5 Work Setting 4.1 / 5
Support You Get 4 / 5 Rewards You Receive 4.5 / 5 Growth Opportunities 3.5 / 5
Company Culture 4.3 / 5 Way You Work 4.5 / 5
Banker
Person You Work For 5 / 5 People You Work With 5 / 5 Work Setting 5 / 5
Support You Get 5 / 5 Rewards You Receive 5 / 5 Growth Opportunities 5 / 5
Company Culture 5 / 5 Way You Work 5 / 5
Mortgage Banker
Person You Work For 3.9 / 5 People You Work With 3.9 / 5 Work Setting 3.9 / 5
Support You Get 4.7 / 5 Rewards You Receive 4 / 5 Growth Opportunities 3.9 / 5
Company Culture 4.8 / 5 Way You Work 2.9 / 5
Executive Mortgage Banker
Person You Work For 5 / 5 People You Work With 5 / 5 Work Setting 5 / 5
Support You Get 5 / 5 Rewards You Receive 5 / 5 Growth Opportunities 5 / 5
Company Culture 5 / 5 Way You Work 5 / 5
Communications Coordinator
Person You Work For 4 / 5 People You Work With 4 / 5 Work Setting 3 / 5
Support You Get 3 / 5 Rewards You Receive 3.8 / 5 Growth Opportunities 1.4 / 5
Company Culture 3.7 / 5 Way You Work 4 / 5

Quicken Loans Reviews FAQs

Is Quicken Loans a good company to work for?

Quicken Loans has an overall rating of 4.2 Average Rating out of 5, based on over 67 Quicken Loans Review Ratings left anonymously by Quicken Loans employees, which is 8% higher than the average rating for all companies on CareerBliss. 99% of employees would recommend working at Quicken Loans.

Does Quicken Loans pay their employees well?

Quicken Loans employees earn $41,000 annually on average, or $20 per hour, which is 38% lower than the national salary average of $66,000 per year. 47 Quicken Loans employees have shared their salaries on CareerBliss. Find Quicken Loans Salaries by Job Title.

How satisfied are employees working at Quicken Loans?

99% of employees would recommend working at Quicken Loans with the overall rating of 4.2 out of 5. Employees also rated Quicken Loans 4.3 out of 5 for Company Culture, 3.9 for Rewards You Receive, 3.8 for Growth Opportunities and 4.3 for support you get.

What is the highest paying job at Quicken Loans?

According to our data, the highest paying job at Quicken Loans is a VP of Sales at $500,000 annually. Browse Quicken Loans Salaries by Job Profile.

What is the lowest paying job at Quicken Loans?

According to our data, the lowest paying job at Quicken Loans is a Housekeeper at $16,000 annually. Browse Quicken Loans Salaries by Job Profile.

What are the pros and cons of working at Quicken Loans?

According to reviews on CareerBliss, employees commonly rated the pros of working at Quicken Loans to be Company Culture, Growth Opportunities, People You Work With and Person You Work For, and no cons.

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