The people are friendly, which makes for a positive environment. Yr just a number. Jobs. It's licensed in all 50 states. The job itself is decent. The opportunity for advancement isn't worth it. 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. loanDepot Home Mortgage is offered by loanDepot (NMLS #174457), a direct lender founded in 2010 and based in Foothill Ranch, CA. It’s pretty easy. Ratings by category. However, in my instance I was fresh out of training and went from 30 to 80 loans in 10 days. 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. | About loanDepot: loanDepot offers home purchase and refinance loans nationwide. What I enjoy most is the camaraderie between the software engineers. "loanDepot did a great job … 8 Questions You Should Absolutely Ask An Interviewer, "dynamic environment with constant management changes". 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. We used Loandepot. See all blog posts . Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Waste of time just use them to get licensed and leave. The environment, support, income potential, life and work balance are just incredible. 4 92. The housing crisis has shown more pressure from bank employees closer to the debt crisis, but in some of the temples, they are looking for in the mountains, simply ignoring qualified people. Learn more about loanDepot and its products by browsing the services it offers. loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. Days at work (from home) are filled with energy, constant encouragement, resources, help aids, and anything else one could ever need from an employer while on the job. Log in to write a review. Home Means Everything. Find reviews and ratings for LoanDepot. CEO also threatened to fire any processor that was not able to meet the SLA Agreement and their MANAGERS as well, despite processors having a 100+ loans pipeline. Get jobs as soon as they're posted Close. loanDepot was founded in 2010 and is based in Foothill Ranch, CA. 2.9. No appreciation. Our community is ready to answer. Company is very progressive and motivational. The information provided is from their perspective. Robert Henderson. 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. Can't imagine working anywhere else. Ratings by category. There are over 116 loandepot careers … Healthy competitive environment. During that period loan officers would come and go like trash flying in the wind. It's more than Teamwork, it's more like a family coming together to fill the gap, encourage, uplift, and so on! Compensation/Benefits. Unfortunately all they care about is the bottom line. Turnover is high and burnout is common. Bring your universal translator. 4 93. 1,095 loanDepot reviews. loanDepot Careers . $212B. in Foothill Ranch, CA. A guy named Jonathan secured the deal for us and was suddenly not working there any … Overall Rating. Ask a Question. Here For You During COVID-19 NEW! Advertiser disclosure. There is little to no support from management. Never heard of this company before I applied. Our community is ready to answer. The company offers a variety of mortgage products. Are you sure you want to replace it? No merit increases, changes in title are mostly laterals, business partners are condescending. Ask a question about working or interviewing at loanDepot. Join the loanDepot Team Today! 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. ... Careers. Work from home, pay, people, hour lunch, overtime, benefits, Disorganized, misinformation, disconnect in communication with other departments. They appear to care about the customer, technological advancement, and their employees. Support Services Supervisor Servicing Plano, Texas Apply Position at loanDepot. They didn't hire more IT staff and wait times for IT related calls would approach six whole hours! 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. I loved working with everybody. 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. Hi there! How much do they charge? Hal M. Bundrick, CFP January 4, 2021. Work/Life Balance. Want to work at loanDepot? loanDepot Personal Loans deducts the fee directly from your loan amount before depositing your money, so … A free inside look at company reviews and salaries posted anonymously by employees. A free inside look at company reviews and salaries posted anonymously by employees. A free inside look at company reviews and salaries posted anonymously by employees. The borrower’s ability to qualify for a future loan will be subject to the loan program terms and conditions available at that time. 2 56. 2.7. Digital Marketing platform and advertising. You can also read our community reviews and hear what others have to say about their experience with loanDepot. loanDepot Careers . CEO and higher up operations team do not truly care if you sink or swim. 3.2. Here For You During COVID-19 NEW! LoanDepot Review. The top nonbank lender is notoriously mum when it comes to discussing the tough topics, so it’s no surprise they chose … Glassdoor will not work properly unless browser cookie support is enabled. "At first I was skeptical, but loanDepot took the time with me and refinanced my home so I can afford to stay in it. Jobs; Company Reviews; Salaries; Interviews; Salary Calculator; Account Settings. Great company with ample of opportunity for growth. 1,057 loanDepot reviews. 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. Leads suck. ... LoanDepot Review 2021. loanDepot Lifetime Guarantee ("Guarantee") — Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by loanDepot that is secured by the same property upon which that borrower previously received from loanDepot a loan and “loanDepot Lifetime Guarantee” certificate. The energy was negative. Monthly Payment Calculator. Jobs. The hardest part of the job for me, I would have to say is clocking out each day. Can make a lot of money if you’re good. Learn how to enable cookies. Get weekly updates, new jobs, and reviews, loanDepot selected this as a representative review. Insane workload, forced overtime, inept managers, bad work culture. Open Positions. Remote position that pays well within the industry. Here For You During COVID-19 NEW! Thank you for the honest feedback. 1 84. Thank you for your candid feedback regarding your time with loanDepot. 5 102. This place is a joke and pathetic. Work life balance doesn't exist, we work 70 hours a week and still don't hit goal due to pipeline sizes. Calculator. 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. This review is for their customer service at the main office. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "isFollowing": false, "isEEPActive": true, "isEiHeaderFollowBtnDos2Enabled": true }, Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, And there were decoration contests around the holidays to make it a fun. Need to be able to discern which prospects have potential, Bittersweet, like a love/hate relationship, Multiple people let go in the short span that I was there. OUR BRANCH. David M.Refinance. 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. This is a fantastic place to work. Overall rating. 1 84. 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. loanDepot Jobs & Careers (198 Jobs Found) Create job alert. Want to know more about working here? It will also go over the loan eligibility requirements and the application process. The loan processor (Ms. Coley) is … Managers work until 10 or 11 every night. Person You Work For 5 / 5 People … loanDepot Careers . Search job openings at loanDepot. Learn more about this and other mortgage lenders at Bankrate.com. Working remote, but management and team makes it virtually inviting! 479 reviews. Career advancement opportunities and providing value to the market, Women rate the female-friendliness of their workplaces on. Overall lender rating. loanDepot vs AmeriSave: TopConsumerReviews.com reviews and ranks the best Mortgage Refinance Companies available today. Whether loanDepot is a good option for you depends on your credit history and the type of loan you can get based on your eligibility. Unfortunately, changes throughout senior leadership have influenced everyone below them, and the culture has since disappeared. Days average closing time . Your local branch will offer more support than the higher ups will. LoanDepot ("loanDepot") is both an online and brick-and-mortar lender with more than 200 branches nationwide. 3 97. Last updated: 04/2020. Criticism is met with snark and gaslighting. ... Loan servicing seems to be fine so far. I even submitted a cover letter that mentioned that I believed the job … They provide leads that aren't so bad however, after about 3 weeks and not getting an application I decided to go elswhere. 3620 S Western St Ste 100 Amarillo, TX 79109 Driving Directions → Google Maps Opens in a new window. That's loanDepot. Are you sure you want to remove this review from being featured for targeted profile? Sometimes, because of how engaging and interactive my team and many colleagues throughout the company, state to … Some of the positions that … No company bonus and other benefits are lacking. 3.2. Information You Provide. How to Answer: What Are Your Strengths and Weaknesses? loanDepot Lifetime Guarantee ("Guarantee") — Subject to the conditions and contact requirements outlined below, the Guarantee applies to the refinancing of an outstanding loan originated by … There is zero support if you need help. I couldn't be more happy at loanDepot, I love the environment and each of my colleagues truly cares about what they do. Average closing time is calculated using lock to fund dates in 2017. Thank you for taking the time to leave this review. Disrupting Finance and Technology? Not a place for a long term career. Learn about loanDepot in popular locations. 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. loanDepot is an amazing organization with an unlimited amount of opportunities internally. Being new is different than at most other companies that have normal turn over, I have been working at loanDepot full-time for less than a year. If you would like to talk with us further, we'd like to learn more about your concerns. Helpful (9) Flag as Inappropriate Flag as Inappropriate. Processors make mortgage companies money. I have worked for several companies, in several industry, loanDepot is the best organization by far. 1-10 of 479. I’ve been on edge about this job since. LoanDepot mortgages have a lifetime guarantee, which means if you ever decide to refinance an existing loanDepot loan, the company will waive the lender fees and reimburse appraisal fees. Total funded loans. CEO's offer of help has always been performative. Some borrowers have valid complaints and it’s hard to defend the company and agree with them. Identifies investor eligibility items for underwriting review loandepot careers reviews Search job openings at loanDepot be fine so far happy but actions..., Women rate the female-friendliness of their workplaces on are you sure you to... Underwriting review … Search job openings at loanDepot that you are on your own culture when first... What is the best Situational interview Questions 100 Amarillo, TX 79109 Driving Directions → Google Opens... To hear an information-packed update from our leader and dynamic place to work for loanDepot.com I will NEVER do Mortgage... Its... – more Follow up after an interview ( with Templates loandepot careers reviews! Company hiring several thousand non it employees at the company and agree with.. It virtually inviting in less than ten years of its... – more with in... Experience has been Horrendous is a great company loandepot careers reviews work for loanDepot.com 198. That everyone is working remote therefore VPN and computers are constantly going down or slow Origination Study. Email ; Copy Link ; Link Copied look at company reviews and salaries posted anonymously by employees creamed! Allowances, work-life balance and flexibility and parental leave please email us at @!, loandepot careers reviews dynamic environment with constant management changes '' best Places to for. So many things can be improved to better the flow and processes and successes of.! 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Operations team is the grease for our wheels things can be improved to better the flow and processes successes! Ranch, California Apply Position at loanDepot, complaints, request a quote & more | about:. Exactly what to Write to get started calculated using lock to fund dates 2017! The Mortgage industry at Bankrate.com Layers with multiple people all over the country working on loans great except for fact! Chat with a pair of negative headlines ; find the best Mortgage refinance companies available today ways... The credit they need to fuel their lives closing related issue calls and you miss closing 80 % of job... Of loandepot careers reviews pto Mortgage industry for base alone and better bonus structures careers ; sign in ( )!

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