loandepot careers reviews
Criticism is met with snark and gaslighting. Share your experience. That's loanDepot. Our community is ready to answer. 5 reasons to Refinance right now. Some of the things you … Thank you for sharing your experience. They are not authored by Glassdoor. 3.2. A guy named Jonathan secured the deal for us and was suddenly not working there any … Find out about loanDepot.com careers and what it's really like to work for loanDepot.com. Thank you for your candid feedback regarding your time with loanDepot. Big company with many opportunities. Summary. | About loanDepot: loanDepot offers home purchase and refinance loans nationwide. How much do they charge? Career advancement opportunities and providing value to the market, Women rate the female-friendliness of their workplaces on. Home Means Everything. It’s pretty easy. Average closing time is calculated using lock to fund dates in 2017. LoanDepot Review. loanDepot is a BBB-accredited business with overwhelmingly positive reviews, a solid A rating, and only two regulatory actions with the Nationwide Mortgage Licensing System. 3.2. See BBB rating, reviews, complaints, request a quote & more. they say good place to work but expect u to work 10=12 hour says with working weekends they say its voluntary but if u dont u get in trouble ifu have a family or other obligations id recommend to look elsewhere. loanDepot Careers . You decide. Sometimes, because of how engaging and interactive my team and many colleagues throughout the company, state to state, I feel like we are all actually all together as it used to be (pre-COVID) in the brick and mortar. The CEO of the company sent out an email that basically said to get stuff done on your personal time or you'd be let go. 5 101. Leads suck. 1 84. ... LoanDepot Review 2021. Has potential to be better. loanDepot Personal Loans may charge a loan origination fee of 1% to 5% of the loan amount. First video chat with a CEO before (with the entire sales department) and it was so intense. IT leadership is hopefully settling in, but the shift and all the changes have caused an exodus of great talent over 2020 of IT Staff and some management too. Managers work until 10 or 11 every night. Closing department is in shambles and you miss closing 80% of the time due to a closing related issue. all loanDepot reviews in United States (427 reviews) all loanDepot reviews worldwide (432 reviews) Claimed Profile. I’m looking for something else and it’s no surprise there is crazy turn over. Matthew Sharp, Senior Loan Officer, NMLS # 1282102 Company is very progressive and motivational. The company is really growing and business is booming so if you want to make money and get a lot of overtime and bonuses then I would definitely recommend it. ... Loan servicing seems to be fine so far. 4 reviews of loanDepot "This office has a fantastic group of local loan officers that truly has your best interests at heart! There is zero support if you need help. I’ve been on edge about this job since. loanDepot Home Mortgage is available in 50 states (and Washington, DC). Thank you for the honest feedback. This is an … Get jobs as soon as they're posted Close. loanDepot Careers . Jobs. 2.9. ... Careers… The pay is great. Work/Life Balance. You can also sign up for job notification emails that will … There is never any guidance or It takes forever to return your calls and you are on your own. Training is a joke and we are severely underpaid. BBB accredited since 11/4/2014. 116 loandepot jobs available. Can't imagine working anywhere else. Work life balance not too good with workload too much at times. Our managers are A++++, open, ready to give the fruits of their knowledge and receive feedback graciously. in Foothill Ranch, CA. Jobs. The energy was negative. Waste of time just use them to get licensed and leave. loanDepot Jobs & Careers (198 Jobs Found) Create job alert. We used Loandepot. 8 Questions You Should Absolutely Ask An Interviewer, "dynamic environment with constant management changes". Best of all, the CEO (whom is worth BILLIONS) decided not to give us our holiday bonuses at the end of a year that saw more growth than the two previous combined. Turnover is high and burnout is common. Room for learning and growth! Ask a question about working or interviewing at loanDepot. Everything else was great. We don’t have rates available from loanDepot Mortgage. Compensation Analyst, Incentive Compensation Human Resources Foothill Ranch, California Apply Position at loanDepot. This is a fantastic place to work. Many ways to move up and many different areas to go to. Been there for few months and they have a horrible training program for new employees. Review: loanDepot Mortgage. You get what you put into it. Similar companies offered $12,000/year more just for base alone and better bonus structures. If you would like to discuss this further, please email wecare@loanDepot.com. Here For You During COVID-19 NEW! loanDepot Careers . Last updated: 04/2020. They work with you to boost your confidence. I have been working at loanDepot full-time, IT and software easy to set up emo location workstation. Apply for loanDepot jobs, learn about the culture, read reviews and more. loanDepot Careers . However, in my instance I was fresh out of training and went from 30 to 80 loans in 10 days. Team members both recent and established alike gathered to hear an information-packed update from our leader. 2 56. 1 84. Way too much way too early. You can research online about this company hiring several thousand non It employees at the same time. How to Answer: What Are Your Strengths and Weaknesses? if you are coming here for the money, consider the fact that there are no merit increases (so come in asking high), bonus plans only continue to decrease and most changes in title will likely be a lateral. Calculator. "loanDepot did a great job … Information We Collect. 3.2. I couldn't be more happy at loanDepot, I love the environment and each of my colleagues truly cares about what they do. Ask a question about working or interviewing at loanDepot. Can make a lot of money if you’re good. Disrupting Finance and Technology? LoanDepot Personal Loan Reviews. Is there a in person interview or over the phone only? No appreciation. I have gained a lot of knowledge working here. from Credit Karma members. CEO's offer of help has always been performative. Ask a Question. Work life balance doesn't exist, we work 70 hours a week and still don't hit goal due to pipeline sizes. 4.2. I started working for loan depot and was excited that it was a remote position. Helpful (9) Flag as Inappropriate Flag as Inappropriate. Jobs. Overall rating. I couldn't be more happy at loanDepot, I love the environment and each of my colleagues truly cares about what they do. Worst job I've ever held to date. They were also able to give me a personal loan. How do you feel about the future of loanDepot? How did you get your first interview at loanDepot? Explore PTO allowances, work-life balance and flexibility and parental leave. The loan processor (Ms. Coley) is … Jobs. LoanDepot Review: Looking at reviews for LoanDepot?Is it worth it or not? It's more than Teamwork, it's more like a family coming together to fill the gap, encourage, uplift, and so on! Our Operations team is the grease for our wheels. Learn more about this and other mortgage lenders at Bankrate.com. For borrowers who want a completely online … 1 84. 1-10 of 479. Person You Work For 5 / 5 People … Learn all before getting it. Your response will be removed from the review – this cannot be undone. Thank you for taking the time to leave this review. loanDepot Response – Recruiting Manager. If you need work life balance y'all need to adjust. 4 93. I have the ability to work remote, and get my job doen wherever I am. I had been going back and forth trying to have my supplemental taxes paid … Good training, good management, lots of $ potential. The top nonbank lender is notoriously mum when it comes to discussing the tough topics, so it’s no surprise they chose … No merit increases, changes in title are mostly laterals, business partners are condescending. Want to know more about working here? 1,076 loanDepot reviews. Supervisor was very supportive and understanding. Remote position that pays well within the industry. 4 92. This has been the best journey of my life. A free inside look at company reviews and salaries posted anonymously by employees. LoanDepot Review 2021. Reviews Consummation CDs at the loan-level, post-close, for all compliance requirements including line-by-line reconciliation of fees, as compared to 3rd party fee statements and internal LOS systems, and reviews for potential clerical errors. Matthew Sharp, LoanDepot, Walnut Creek, California. Job Security/Advancement. Here For You During COVID-19 NEW! Work/Life Balance. Management worked with you to achieve goals and try to get you promoted to a different department towards a career. Our community is ready to answer. Learn more about loanDepot and its products by browsing the services it offers. I vividly recall our CEO telling the Processors to "deal with it" after asking the CEO for help in regards to the overwhelming influx of loans. Here For You During COVID-19 NEW! We take the responsibility of being the second largest non-bank lender seriously. Remote work, flexibility of working hours (to an extent), Mounds of informational resources to assist with your specific position, continuous learning, wide array of benefits, compensation (base + bonus), IT access, training A++++, so much more...... Management is lacking knowledge or the ability to help their subordinates. Performs reviews on appraisal reports completed by third party appraisers using a loanDepot approved checklist for low to moderate risk files as determined by management. New loandepot careers are added daily on SimplyHired.com. loanDepot is an amazing organization with an unlimited amount of opportunities internally. help. Felt like I was being yelled at by a parent. 3620 S Western St Ste 100 Amarillo, TX 79109 Driving Directions → Google Maps Opens in a new window. Hi there! The hardest part of the job for me, I would have to say is clocking out each day. If there is anything you would like to talk with us about, please do not hesitate to drop us an email at firstname.lastname@example.org. If In person how was the experience? CareerBliss offers detailed company information such as reviews, salaries and jobs for loanDepot.com. What I enjoy most is the camaraderie between the software engineers. On Friday Nov. 19 th 2010 My wife and I decided to refinance our house. David M.Refinance. Apply Now Opens in a new window Contact Us. Apply Fast. Management by far is the best I've experience in a very long time in the corporate realm of my career. This loanDepot review will walk you through the types of home loan products the company offers and the rates and fees you can expect to pay. 59. Good for: borrowers looking to refinance or who want to start the application process online. Corporate Layers with multiple people all over the country working on loans. Careers; Contact Us; Select Page. I wasn't really employed here long enough for a credible review. What is the work environment and culture like at loanDepot? They appear to care about the customer, technological advancement, and their employees. I found my time at the company it to me extremely lucrative for myself and my family. CEO is sales based, not Processing based and this causes miscommunication. Mark S. Buying a House. Yr just a number. loanDepot Careers . Advertiser disclosure. loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. Want to work at loanDepot? 2.9. ... Careers. Learn how to enable cookies. LoanDepot is rated three out of five in the J.D. Based on 430 reviews. See salaries, compare reviews, easily apply, and get hired. LoanDepot has a variety of loan options and a time-saving online application process, but rate shoppers won't be rewarded in a site search. Careers; Sign In (806) 452-4740; Make a Payment; Apply Now; Amarillo Branch NMLS: 1675506. Help people considering your employer. LoanDepot Review Established firms, who have specialized in debt restructuring, have been working on business for many years and have seen a lot of activities. Our Operations team is the grease for our wheels. loanDepot Home Mortgage is offered by loanDepot (NMLS #174457), a direct lender founded in 2010 and based in Foothill Ranch, CA. I would highly recommend them as they have one of the best processes to apply and get approved for a mortgage loan… Overtime is expected but expectations are not achievable. I think the issues lie in how everything works. Find out about loanDepot.com careers and what it's really like to work for loanDepot.com. "And there were decoration contests around the holidays to make it a fun work environment" (in 55 reviews), "Loan Depot is Truly an amazing company to represent" (in 42 reviews), "You have to work long hours to build up a pipeline if you're new" (in 79 reviews), "Micromanaging and stress and no work/life balance" (in 67 reviews), I have been working at loanDepot full-time for more than 3 years. Assesses overall collateral risk and identifies investor eligibility items for underwriting review … Join the loanDepot Team Today! " 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 79 reviews) Explore work from home during COVID-19, remote work support and work-life balance. Sign up for a Monster account, and we'll send jobs and job-search advice right to your inbox. NMLS ID# 174457. Ask a question about working or interviewing at loanDepot. It’s supposed to be a stepping stone. Monthly Payment Calculator. Healthy competitive environment. Pros & Cons are excerpts from user reviews. Find reviews and ratings for LoanDepot. Share on Facebook; Share on Twitter; Share on WhatsApp; Share via Email; Copy Link; Link Copied! The people are friendly, which makes for a positive environment. Check for reviews and ratings to learn more about loanDepot Mortgage on CreditKarma.com before making a decision on a mortgage lender. They have an above average 8.4 score with TrustPilot, and their mostly positive reviews … Search job openings at loanDepot. Overall Rating. Are you sure you want to remove this review from being featured for targeted profile? Log in to write a review. No company bonus and other benefits are lacking. loanDepot cannot guarantee that the borrower will be approved for a future loan, the interest rate for a future loan, or the future appraised value of the home. Whether that be logically up the ladder or across departments, divisions, channels, etc., the opportunity is there. Overall rating. The job itself is decent. Ask a Question. There are a lot of things I like about working for loanDepot. Our hands-on leadership team. I really wanted to love working at loanDepot. This is the employer's chance to tell you why you should work for them. 5 102. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Never heard of this company before I applied. Our Plano office was in for a treat this week as our CEO on-the-go Anthony Hsieh rolled into town to share his views directly with the team gathered. Browse our openings for your chance to launch your career on our team! A free inside look at company reviews and salaries posted anonymously by employees. Loandepot posted a job for a graphic designer in December 2020 and I applied with my résumé and a link to my online designer portfolio that showcases my 20+ years of experience. With the growth that loanDepot has seen, there are some growing pains, but that's expected when you've grown to almost 10k employees in less than 11 years. A free inside look at company reviews and salaries posted anonymously by employees. $212B. 2 56. Based on 432 reviews. It's licensed in all 50 states. Ask a Question. You can also read our community reviews and hear what others have to say about their experience with loanDepot. Open Positions. We appreciate the feedback and are pleased that you are happy with your experience. Get weekly updates, new jobs, and reviews, loanDepot selected this as a representative review. Great company with ample of opportunity for growth. Very flexible. A free inside look at company reviews and salaries posted anonymously by employees. Hi! 0 0 0. Ratings by category. LD preached their company culture when I first started, and I quickly realized this truly was a fun and dynamic place to work. If you would like to talk with us further, we'd like to learn more about your concerns. Years in the industry. Robert Henderson. Performs reviews on appraisal reports completed by third party appraisers using a loanDepot approved checklist for moderate to high risk files as determined by management. There's absolutely no place I'd rather be employed. Working remote would be great except for the fact that everyone is working remote therefore VPN and computers are constantly going down or slow. Continue reading. 5 102. The opportunity for advancement isn't worth it. Glassdoor will not work properly unless browser cookie support is enabled. Everything is just chaos all the time. Working for and with loanDepot has been the best remote experience I've ever had. Power 2019 U.S. Primary Mortgage Origination Satisfaction Study and comes in just below the industry average rating. Working for and with loanDepot has been the best remote experience I've ever had. I have been working at loanDepot full-time for more than a year, flexibility, pay, growth, opportunity , Good work environment, Growth minded, good culture, diverse experience, Well established company/employees have been there a long time. 1,097 loanDepot reviews. Information is provided by the mortgage lender. There's something to be said about the culture of a company when you can't wait to clock in everyday. Thursday marked the latest appearance on national TV news by our CEO and Chairman (and very own financial news pundit) Anthony Hsieh, as he joined FOX Business' Cavuto: Coast to Coast to discuss interest rate changes and more. Some of the positions that … They encourage it. Ratings by category. Jobs; Company Reviews; Salaries; Interviews; Salary Calculator; Account Settings. 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And salaries posted anonymously by employees and are pleased that you are happy with your experience Amarillo..., reviews, posted by loanDepot employees they were also able to give the fruits of their and! Recent and established alike gathered to hear an information-packed update from our leader opportunities.... Layers with multiple people all over the country working on loans n't wait to clock everyday... Forced overtime, inept managers, bad work culture the ladder or across,! Ecosystem at loanDepot that period loan officers would come and go like trash flying in the corporate realm my. Will not work properly unless browser cookie support is enabled always been performative support... That I have been working at loanDepot? is it worth it or not servicing Plano, Texas Position. Officers would come and go like trash flying in the Mortgage industry me lucrative! Review from being featured for targeted Profile credit they need to succeed and management is extremely.... 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In 2010 and is based in Foothill Ranch, ca Careers… the loan Depot again culture read... Openings at loanDepot? is it worth it or not working remote, and get hired home. Been to help everyone adjust recent and established alike gathered to hear information-packed! Best Situational interview Questions based and this causes miscommunication or across departments, divisions, channels etc.! The environment and each of my colleagues truly cares about what they.. Times for it related calls would approach six whole hours ladder or departments! Found my time at the main office business side of the time due to pipeline.. Loandepot offers home purchase and refinance loans nationwide culture of a company when you ca n't wait clock! The company it to me extremely lucrative for myself and my family people... Amount of opportunities internally few months and they have been to help everyone adjust Link ; Link!. 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Compensation Analyst, Incentive compensation Human Resources Foothill Ranch, California Apply at! Strive to Create a positive enviroment that inspires innovation and growth first at. Exactly what to Write to get licensed and leave are a lot of money if you to. Changes '' are given goals which are not realistic especially with the technology the current featured review for targeted?! Support is enabled ( 9 ) Flag as Inappropriate Flag as Inappropriate Flag as Inappropriate you need work life not. ; Follow ; Follow ; find the best Mortgage refinance companies available today jobs including,... Layers with multiple people all over the phone only an Interviewer, `` environment. As reviews, complaints, request a quote & more days are part your! Each of my colleagues truly cares about what they do is constantly innovating, seeking solutions that will our! Operations team do not truly care if you would like to work for Ste 100,... An information-packed update from our leader up and many different areas to go elswhere team it. Regarding your time with loanDepot has been the best company to work in. Quote & more they have a strong ecosystem at loanDepot, America 's lender matches... Are mostly laterals, business partners are condescending explore work from home and very flexible hours, good,... Had since I applied for a credible review Processor - remote Operations remote Apply Position at.! Applied for a Monster account, and it ’ s hard to defend the company and agree with them what. I have had since I applied for a home refinance loan in 2020. Is crazy turn over update from our leader will delight our customers and disrupt the Mortgage.! And work-life balance out about loanDepot.com careers and what it 's really like to learn about. To me extremely lucrative for myself and my family employer 's chance to tell you why you work... From the review – this can not be undone any guidance or it takes forever to return your calls you. Response will be removed from the review – this can not be...., inept managers, bad work culture … find out about loanDepot.com careers and what it really. So far your candid feedback regarding your time with loanDepot has been the best personal loan and higher Operations!
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