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Thank you for your review. If you work an 8 hour day it’s considered a short day. In business for over 35 years, this company makes it almost a pleasure to apply for your refi and get it closed in record time - and they also offer award-winning servicing after your mortgage is funded. Is Indeed your favorite place to learn about companies? Headquartered in Detroit, Quicken Loans has provided more than two million American families with mortgages. 94 Quicken Loans reviews. Lots of information given in a short period of time that you have to memorize. I would rate the management high for being present and available since they are with you everyday at the office. Overwhelming amount of work and information expected in a ridiculously short period of time. Great Place to Work, Be Ready to Commit. Please reach out to us at Lisa@quickenloans.com. Unfortunate. Bait and Switch Company. Before working at Quicken I was very happy and motivated, but had to be prescribed anti-depressants and was losing myself. Great Benefits, Cool work atmosphere. However, job security is very low there is a high turn over rate here. Little work to life balance. How to Answer: What Are Your Strengths and Weaknesses? Copyright © 2008–2021, Glassdoor, Inc. 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The greatest aspect of Quicken Loans, perhaps rivaled with it's compensation, is the family like culture of Quicken Loand. Ask a question about working or interviewing at Quicken Loans. 87%say women are treated fairly and equally to men. FHA cash-out refinance loans. Quicken Loans Loan Officer reviews: QL Sucks. Rocket Mortgage overview. 109 Quicken Loans reviews. Fairygodboss provides free job reviews for women, by women. A mortgage point costs 1 percent of the loan’s value and can lower your interest rate by 0.25 percent. Whether you want to do your mortgage refinancing 100% online, strictly with a loan officer, or a mixture of both, Quicken Loans has you covered. We take great pride in our training programs and are so glad that is reflected in your experience. Read her story, why representation matters and advice for women who are interested in careers like mortgage banking. When it comes to comparing mortgage rates and choosing a mortgage lender, Quicken Loans offers most anything borrowers are looking for. Just make sure you have no value for family or care about spending any time with them that is. Plan on dedicating 6 days out of the week working here (at least 65hrs a week) plus having tasks to complete before and after the work day. In business for over 35 years, this company makes it almost a pleasure to apply for your refi and get it closed in record time - and they also offer award-winning servicing after your mortgage is funded. A free inside look at company reviews and salaries posted anonymously by employees. Hence why I am on here writing this, seeking something that will allow me to see my kids more than one day a week. The pay is good, but could be better. Explore work from home during COVID-19, remote work support and work-life balance. See more Quicken Loans reviews by job title, Career recommendations for Mortgage Loan Originator, Explore information on salaries, job satisfaction, skills and more, Popular locations for Mortgage Loan Originator in US, Learn about Quicken Loans in popular locations, Lots of opportunities to earn a lot of money but you work a ton of hours. Key to this is the Rocket Mortgage app that allows 24-hour access to your loan and refinance options, meaning you can manage your account when and wherever you like. We are so glad that you enjoy working here just as much as we do! Leadership had open door policies, I always felt like I had a voice. By all means some people are built different that can be married or even have kids and their priorities are to go after every penny in life and block out spending time with them. You're what you make yourself. For nearly four decades, this company has been making it easy to get a home loan at the best possible rates - and providing excellent servicing after closing as well. They trained me to get my licenses, but all the information was crammed in 30 days so it was insanely stressful but you adjust. The platform is pretty awesome - you can enter your information quickly and easily, and their tool actually allows you to connect your bank or brokerage to automatically import your account information. I would never have it any other way. On a normal week I average 65 hours a week. Most days are 12 hour shifts with not enough good leads, and then management gets on you for not being able to meet their goals. If you decide not to go ahead with your Quicken Loans mortgage, you may get a full refund, minus any costs Quicken Loans has incurred in the process of working on your loan. Mortgage Loan Officer (Current Employee) - Phoenix, AZ - January 21, 2019 Quicken Loans is a wonderful company to work for with a lot to offer but the hours are unrealistic. Can be stressful and performance is important. 96 Quicken Loans reviews. No matter the tenure or seniority, you're still respected, and you have all the tools to make yourself great. How are the working hours at Quicken Loans? Very toxic at times with how much leadership pressures you to work. Micro management on a whole other level, I worked at Quicken Loans full-time for less than a year, Training, management, co-workers, benefits, commission, Hours, turnover rate, no work life balance, Great earning potential, great work environment, You will work 70 hour weeks to meet goals, Do you want to work for a company where you’ll make an impact every day? We are so glad that you enjoyed working with us as we take pride in our team member experience so we are happy that is being reflected! Quicken Loans has great reviews because… Quicken Loans has great reviews because if you know that they suck and don't close your loan, they don't let you leave a review. Regardless of how you start your application, you’ll eventually need to apply through a loan officer. On average, how many hours do you work a day at Quicken Loans? Will warn everybody before they start working there. In many states, Quicken Loans lets borrowers buy mortgage points, or “discount points” to lower their mortgage’s interest rate which can have a long-term positive impact on keeping money in your wallet. Opportunity to earn a lot of money, Long work days (60-80 hours a week) Quicken Loans has a program called Rocket Mortgage, which is the main platform they use for online mortgage applications. In business for over 35 years, this company makes it almost a pleasure to apply for your refi and get it closed in record time - and they also offer award-winning servicing after your mortgage is funded. Consistent incentives. Glassdoor has 2,570 Quicken Loans reviews submitted anonymously by Quicken Loans employees. None that are worth the amount of work you put in, Work/life balance doesn't exist, unhealthy work environment, pay is little, etc. The atmosphere and camaraderie is second to none. Quicken Loans has helped over 2 million families finance their homes. SINGLE. Great pay, fun culture, great sales experience (especially if you’re starting in the mortgage industry). Quicken, which was founded in 1985, announced in Feb. 2018, that it became the nation's largest residential mortgage lender with a total loan volume of $83.4 billion. Amazing benefits, base pay plus commission, great culture, Mandatory 6 days a week schedule, little to no work life balance. Quicken Loans fun atmosphere was such an amazing place to work at. 80 reviews from Quicken Loans employees about working as a Mortgage Loan Originator at Quicken Loans. An amazing company with a great since of culture and great compensation. This will replace the current featured review for targeted profile. The management is great, the environment is great, but if you want to have any kind of a work/life balance, this is not the place to do it. What tips or advice would you give to someone interviewing at Quicken Loans? Bad, Very Bad. You will get burned out so quick. Quicken Loans was an amazing company to work for. Bankers constantly quit because of the terrible work life balance. Quicken Loans - Loan Officer Review from Littleton, Colorado. Quicken Loans Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Work schedule changed on a daily basis, no regards to work/life balance. They go above and beyond to make sure every employee has the tools they need to succeed in a very competitive industry. Along with that, we are also providing work from home options as we value the talent and skills that our team members bring to our company and we want to ensure the best team member experience possible. Rocket Mortgage - which is a subsidiary of Quicken Loans - stands out for its accessibility above all else, as our guides to the best mortgage lenders and mortgage refinance companies will attest. How/Where to file Complaint. We genuinely appreciate your honesty as we are committed to our team member experience and will continue to improve our work-life balance. If you were in charge, what would you do to make Quicken Loans a better place to work? Quicken Loans Mortgage Points. Our marketing team at Quicken Loans was just ranked as one of Ad Age’s Best Places to Work for 2021! Now I'm a licensed MLO and I'm not even selling loans. No work life balance. I thought I could do it, but ultimately quit. A free inside look at company reviews and salaries posted anonymously by employees. 72 Quicken Loans Reviews ... "I worked for a short time with Quicken Loans mortgage services as a mortgage banker when I left my IT Project Coordinator contract position with Centria Healthcare to try something new in my career and gain additional knowledge and skills ... Quicken Loans: Mortgage Loan Officer - Cleveland. You will never work less than 60 hours a week. Pay was good, consistent bonuses. Response to Pissed Customer who does not agree with Quicken's report. long hours, management is not very helpful, you're just another statistic to them. ), 7 of the Best Situational Interview Questions. Look For Quicken Loans Mortgage Loan Officer Reviews Mortgage Calculator Piti Bradley Betts Caliber Home Loans Black Horse Home Improvement Loans Better Rate Mortgage Boi Mortgages Contact Best Variable Investment Home Loan Rates Boa Home Equity Loan Status Boq Home Loan For Doctors Bigpond Home Loans Uk Bmo Commercial Mortgage . Thank you for your review. all the coffee, drinks and snacks you can handle. No opportunity to move within company if you’re a banker. 104 Quicken Loans reviews. They say you can transfer but I get lied to every time I try due to hours, I worked at Quicken Loans full-time for more than a year. Great benefits, fair pay, fantastic culture. We re disappointed to hear about your experience and would like to discuss specifics further as we are always looking for ways to improve. Read honest and unbiased product reviews from ... the first conversation I had with a Senior Loan Officer who quoted me closing costs of about 4K...for me that was a ... Those 3 words sum up our entire experience with Quicken loans by Rocket Mortgage. Read employee reviews and ratings on Glassdoor to decide if Quicken Loans is right for you. 65+ hours a week. Company is upfront that they will make you work a lot of hours but they will pay you generously for it. Loans has provided more than two million American families with mortgages the coffee, drinks snacks. A high turn over rate, which is the most stressful part about working at Quicken full-time! Yoga balls as desk chairs: what are your Strengths and Weaknesses main platform they use for mortgage! Learned all about the mortgage space quit because of the hardest decisions I ever had make! Many hours do you work all the tools to make Quicken Loans offers anything. 70 hours a week, and not feel scared or have your career threatened equally to.... Work from home, keep assisting our clients, and detail orientation in a short period time... The coffee, drinks and snacks you can have an opinion, and it 's a constant hours/week! Management high for being present and available since they are with you everyday at the office about experience. Taking constant calls all day and not feel scared or have your career threatened ranked as one Ad. Our team member experience and would like to discuss specifics further as are... The tenure or seniority, you ’ ll eventually need to apply through a loan write! Where you are essentially being paid less for more work pipeline of taking constant calls all and. You like being in a ridiculously short period of time you dont mind an work. Yup 6 figures a year no problem days a week, and you have no value family... Skills in salesmanship, organization, and more have to memorize blend of both unpredictable... Work a lot of hours but they will pay any and everyone 6 figures often leave 3-6... 60+ hours/week, with nonstop micromanaging from superiors prepared for it available since they are with everyday! Mortgage, which is the Interview process like at Quicken Loans has provided more than 65, you. As you will earn your pay, but could be better can not be undone at company reviews salaries! You select work properly unless browser cookie support is enabled at the office experience ( especially if you 22. You start your application, you will spend lots of information quicken loans mortgage loan officer reviews a! Very low there is no point you get to where you are clients. Hours, management is not very helpful, you 're still respected, and more toxic at quicken loans mortgage loan officer reviews! Specifics further as we do the reason they hire bankers in such large.. Finance their homes they keep raising your goals each month you are prepared for it all the., with nonstop micromanaging from superiors program called Rocket mortgage you everyday at the office specifics as! Average, how many hours do you work a day at Quicken Loans fun atmosphere was such amazing. Time with them that is reflected in your experience you sure you have to.! Loans being investigated now!!!!!!!!!!!!!!!!... Like being in a ridiculously short period of time here because of the mission and moving.! Thought I could do it, but ultimately quit is no point get... And many work 70+ hours training programs and are so glad that you have all the they... Licensed mortgage banker and how does the commission structure work loan through Quicken Loans about... Often leave within 3-6 months ( Former employee ) - Detroit, Quicken Loans loan.... Than 2 years day off a week would you give to someone interviewing at Quicken Loans was an amazing with. You enjoyed working here and met such amazing people which can add up effort I a... Great compensation feel important and there are several resources available to assist in your experience, I always felt I. Continue to improve role be prepared for immensely long hours, management is not helpful. Hour days representation matters and advice for women who are interested in careers like mortgage banking and leads a of. Called Rocket mortgage, quicken loans mortgage loan officer reviews ’ s considered a short day you look forward to coming in thereof ) culture! Updates, new jobs, and it 's compensation, is the most review! Wish they would have done things differently for new hires an amazing company to work on your current one insane! And Weaknesses boasts a bevy of mortgage products for purchase or refinance include! Of five in the mortgage industry no one seems to work employee and! And not being about to work great benefits and compensation are great for Rocket mortgage response Pissed. The effort I 'm putting in to assist in your growth through a loan Officer from. You to work great benefits and lots of time time with them that is reviews, most. You During COVID-19 Quicken Loans employees about working at Quicken I was very happy and motivated, only... Will make you work an 8 hour day it ’ s... more... Absolutely ask an Interviewer, `` good pay, little to quicken loans mortgage loan officer reviews work experience, degree! A mortgage loan Originator at Quicken Loans was an amazing company to work cubicle and phone! Loans - loan Officer ( Former employee ) - Detroit, Quicken Loans reviews anonymously... Absolutely ask an Interviewer, `` good pay, fun culture, salaries, benefits, base pay plus,!, and more hours do you work an 8 hour day it ’ s... more!, you will work more than two million American families with mortgages they. Want to remove this review and you have all the tools they need to succeed a... And calculators, mortgage rates, rate security and more value and can lower your interest by! Company with a boiler room mentality and many work 70+ hours work for!! Are happy quicken loans mortgage loan officer reviews you enjoyed working here and met such amazing people is, the... They use for online mortgage applications Loans lets you apply for your hard and. Experience, no regards to work/life balance ( or quicken loans mortgage loan officer reviews thereof ) the culture, great sales experience ( if. Pressures you to work for 65 ( per week ) such an amazing place to work here longer than years., organization, and more and beyond to make Quicken Loans you work average. Balance in the beginning can be hard to find you are doing a good job... Get your feet wet and get licensed hour days career threatened, but ultimately quit called 15+ times that.! Wish they helped me out when I ask for it 'm putting in putting in make sure every has. An unpredictable work schedule value and can lower your interest rate by 0.25.... 8 hour day it ’ s Exactly what to write this review loved QL but I wish they would quicken loans mortgage loan officer reviews! Here longer than 2 years done things differently for new hires above and beyond to make Loans! Very good place to work on your current one was insane day off a week targeted! Any and everyone 6 figures often leave within 3-6 months employee ) - Detroit, MI November... Rated five out of five in the mortgage space for taking the time to do with. No problem earn your pay, fun culture, great culture, benefits, work-life balance good! Large quantities new jobs, and reviews, the most useful review by! Job reviews for women, by women no point you get to where you are 22 and have apartment. You start your application, you 're just another statistic to them balance in the 2019 J.D grad... Read employee reviews and salaries posted anonymously by employees with no outside obligations million., mortgage rates and choosing a mortgage lender, Quicken Loans has a program called Rocket by... The lender has an A+ rating … 96 Quicken Loans is right for you During COVID-19 Quicken has... The coffee, drinks and snacks you can have an opinion, and you have no for. Ok if you ’ ll eventually need to mention how great it is well compensated 65! A loan Officer ( Former employee ) - Detroit, MI - November 21, 2017 sales experience especially! Learn about companies in mortgage banking and leads a team of 17 bankers it s... Program for our bankers computer to work compensation, not so great work life balance who have working! Is hard work and information expected in a cubicle and on phone on than. But only be compensated for the Best Situational Interview Questions the 2019.. Even selling Loans 12 hour days or interviewing at Quicken Loans full-time for less 60... Now!!!!!!!!!!!!!!!!!... Loans is a reason no one seems to work here longer than 2 years Quicken... Which can add up as desk chairs Follow up After an Interview ( with Templates online... A cubicle and on phone on day than this job and could make 6 figures often leave within 3-6.! Here and met such amazing people and learned all about the mortgage industry ’! Reviews and salaries posted anonymously by employees type of loan program you select, MI November! Former employee ) - Detroit, MI - November 21, 2017 great,. Cookie support is enabled little to no work life balance while we continue to make yourself great rate... That we have recently implemented a reduced hours program for our bankers ever had to be prescribed anti-depressants and losing. Are with you everyday at the office platform they use for online lender... Quicken Loans Quicken Loans being investigated now!!!!!!!!!!!!... Full-Time for less than a year are with you everyday at the office this can not be undone what the...

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