They made working there fun and never dull. 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. The atmosphere and camaraderie is second to none. A free inside look at company reviews and salaries posted anonymously by employees. 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. Consistent incentives. Rocket Mortgage overview. Quicken Loans was an amazing company to work for. You're what you make yourself. Bankers constantly quit because of the terrible work life balance. 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. Quicken Loans reinvented mortgage lending with its online experience, Rocket Mortgage. Bad, Very Bad. but they do offer a lot of team promotions and fun games it is a nice place to work actually one of the best companies I've ever worked for but the 60 to 65 hours a week is to much. 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. Read employee reviews and ratings on Glassdoor to decide if Quicken Loans is right for you. Work life balance in the beginning can be hard to find. Glassdoor will not work properly unless browser cookie support is enabled. 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 . 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. 109 Quicken Loans reviews. 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. They go above and beyond to make sure every employee has the tools they need to succeed in a very competitive industry. What is the most stressful part about working at Quicken Loans? 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. If you like being in a cubicle and on phone on day than this job is good for you. Check out her interview with PowerToFly. Four years into her career at Rocket Mortgage, Bianca’s a Director in Mortgage Banking and leads a team of 17 bankers. Response to Pissed Customer who does not agree with Quicken's report. Rocket Mortgage by Quicken Loans is a leading online mortgage lender. Just make sure you have no value for family or care about spending any time with them that is. I truly became an expert. Especially us single parents. 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. The sky is the limit with this company. Bait and Switch Company. 422 Quicken Loans reviews. 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. Very high turnover rate would be the understatement of the century. They want you push harder each day. I would never have it any other way. Learn more about Quicken's loans, rates and fees. 80 reviews from Quicken Loans employees about working as a Mortgage Loan Originator at Quicken Loans. A free inside look at company reviews and salaries posted anonymously by employees. The compensation model is awful. Our community is ready to answer. Great pay, fun culture, great sales experience (especially if you’re starting in the mortgage industry). 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. If that is something that bothers you, it won’t be compromised. Plan on working 6 days a week if you come aboard and usually 12 hour days. The pipeline of taking constant calls all day and not being about to work on your current one was insane. Quicken Loans boasts a bevy of mortgage products for purchase or refinance that include conventional and government-backed loans. Great pay, great culture, great benefits. It is hard work for sure, but it's ok if you are prepared for it. Thank you for taking the time to write this review. You really feel important and there are several resources available to assist in your growth. You will get at least 1 day off a week. Quicken Loans fun atmosphere was such an amazing place to work at. 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! I have been working at Quicken Loans full-time for less than a year. Great Compensation, Not so great Work Life Balance, Good job if you dont mind an unpredictable work schedule. The same people with no work experience or degree that get this job and could make 6 figures often leave within 3-6 months. Lots of information given in a short period of time that you have to memorize. You work all the time - but it is well compensated for. Quicken Loans - Loan Officer Review from Littleton, Colorado. The information provided is from their perspective. What is the training like and how long is it? Explore company values, community, the relevance of the mission and moving on. You will work more than 65, but only be compensated for 65(per week). This will replace the current featured review for targeted profile. 87%say women are treated fairly and equally to men. If you work an 8 hour day it’s considered a short day. Quicken Loans provides world class training. Overwhelming amount of work and information expected in a ridiculously short period of time. A free inside look at company reviews and salaries posted anonymously by employees. It is for sure quantity over quality. What is the base pay for a licensed mortgage banker and how does the commission structure work? 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. We genuinely appreciate your honesty as we are committed to our team member experience and will continue to improve our work-life balance. Thank you for your review. Can be stressful and performance is important. People rely on reviews to make better decisions. I met amazing people and learned all about the mortgage industry. The job is stressful and it feels like you're a part of a cult; if you're unsure as to whether or not you should apply, i highly recommend looking at other options. They pay you "overtime" but because you are salary it ends up being less than $4 an hour for anything over 40, which believe me, you will be working o/t. Great Benefits, Cool work atmosphere. Have to choose between earning a lot or having time to do things with your life. I loved QL but I wish they helped me out when I ask for it. How/Where to file Complaint. A free inside look at company reviews and salaries posted anonymously by employees. Quicken Loans Loan Officer reviews: Quicken loans being investigated now!!!! Glassdoor has 2,570 Quicken Loans reviews submitted anonymously by Quicken Loans employees. Quicken Loans Loan Officer reviews: QL Sucks. cult-like mentality where they always need to mention how great it is, despite the high turnover rate from people quitting of exhaustion. None that are worth the amount of work you put in, Work/life balance doesn't exist, unhealthy work environment, pay is little, etc. I have been working at Quicken Loans full-time, I have been working at Quicken Loans full-time for more than 3 years, Great benefits 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. Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. 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. Absolutely no work-life balance. Mortgage Loan Officer (Former Employee) - Detroit, MI - November 21, 2017. I thought I could do it, but ultimately quit. Headquartered in Detroit, Quicken Loans has provided more than two million American families with mortgages. However, if you are in the banking role be prepared for immensely long hours and 6 days a week. Most days you are transferred clients who have been called 15+ times that month. There is a reason no one seems to work here longer than 2 years. Learn how to enable cookies. Thank you for your review. Opportunity to earn a lot of money, Long work days (60-80 hours a week) Compensation and benefits are wonderful. all the coffee, drinks and snacks you can handle. Quicken Loans. Plan to give 130% , as you will spend lots of time here. On average, how many hours do you work a day at Quicken Loans? Thank you for your review. A mortgage point costs 1 percent of the loan’s value and can lower your interest rate by 0.25 percent. Help them out by rating your employer. Virtually everyone works 60 hours a week consistently with a boiler room mentality and many work 70+ hours. They trained me to get my licenses, but all the information was crammed in 30 days so it was insanely stressful but you adjust. 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. Many companies talk about culture, but at Quicken Loans®, that’s... – More. We are committed to our team member experience and will continue to improve our work-life balance. FHA cash-out refinance loans. Little work to life balance. Our marketing team at Quicken Loans was just ranked as one of Ad Age’s Best Places to Work for 2021! This just in! EMPLOYEE a computer to work from home, keep assisting our clients, and to continue to make a living. Now I'm a licensed MLO and I'm not even selling loans. Work most weekends. Your response will be removed from the review – this cannot be undone. We are committed to our team members and their experience with us here at Quicken Loans so we are glad you enjoy our work environment and we understand that there is always room to improve. When it comes to comparing mortgage rates and choosing a mortgage lender, Quicken Loans offers most anything borrowers are looking for. 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. On average you get around $50 a loan you write which can add up. Is Indeed your favorite place to learn about companies? Quicken Loans - Loan Officer Review from Havre, Montana. But when they keep raising your goals each month you are essentially being paid less for more work. 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. This is the employer's chance to tell you why you should work for them. A free inside look at company reviews and salaries posted anonymously by employees. Let's face it: no two homebuyers are the same. Good place to get your feet wet and get licensed. Learn about Quicken Loans culture, salaries, benefits, work-life balance, management, job security, and more. We are happy that you enjoyed working here and met such amazing people! Quicken Loans has helped over 2 million families finance their homes. Before working at Quicken I was very happy and motivated, but had to be prescribed anti-depressants and was losing myself. Explore work from home during COVID-19, remote work support and work-life balance. Fun work environment which helped the days go by faster. Very good place to work great benefits and lots of opportunity. I'm truly grateful to have had the pleasure to work at the largest and number one rated mortgage lending company in the United States. Unfortunate. We are committed to creating a comfortable, transparent and collaborative environment for all of our employees, so we are overjoyed that is being reflected in your experience. The pay is good, but could be better. 65+ hours a week. An amazing company with a great since of culture and great compensation. Quicken Loans offers fixed-rate, cash-out refinance loans in terms of up to 30 years, which enable you to tap your home’s equity for home renovations or debt consolidation. Among them you’ll find: Fixed-rate mortgages – Available in terms of 15 and 30 years, Quicken’s fixed-rate mortgages are the standard in the industry. What is the interview process like at Quicken Loans? 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. 8 Questions You Should Absolutely Ask An Interviewer, "Good pay, little to no work life balance". 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. Quicken Loans lets you apply for your mortgage completely online, entirely with a loan officer, or a blend of both. Power U.S. Primary Mortgage Origination Satisfaction Study. Leadership had open door policies, I always felt like I had a voice. Very toxic at times with how much leadership pressures you to work. Thank you for your review. We re disappointed to hear about your experience and would like to discuss specifics further as we are always looking for ways to improve. 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. Unless you are 22 and have an apartment downtown, and even then, you will get burnt out. Compare home loan options and apply online with Rocket Mortgage. I acquired several skills in salesmanship, organization, and detail orientation in a fast paced work environment. We are so glad that you enjoy working here just as much as we do! High turn over rate, which is the reason they hire bankers in such large quantities. No work experience, no degree yup 6 figures. If you are looking for an incredible place to work and have no desire for a home life then mortgage loan originator is for you. must read!!! 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. Just recently the company gave EVERY. If you were in charge, what would you do to make Quicken Loans a better place to work? Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "isFollowing": false, "isEEPActive": true, "isEiHeaderFollowBtnDos2Enabled": false }, 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, Former Employee - Licensed Mortgage Loan Originator, Current Employee - Licensed Mortgage Loan Originator, Quicken Loans Presidents Club Banker Jobs, Quicken Loans Executive Mortgage Banker Jobs, Quicken Loans Director, Mortgage Banking Jobs, 9 Attention-Grabbing Cover Letter Examples, Blue Cross Blue Shield of Michigan Reviews, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? Company is upfront that they will make you work a lot of hours but they will pay you generously for it. How to Answer: What Are Your Strengths and Weaknesses? Thank you for your review. Lots of hours, tough for parents. You will get burned out so quick. Waste of my time. Thank you Dan Gilbert, and Jay Farner, and the rest of the people who made it possible to work at such an amazing place, and help the most amazing clients. Company will pay any and everyone 6 figures a year no problem. No matter the tenure or seniority, you're still respected, and you have all the tools to make yourself great. SINGLE. 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. Regardless of how you start your application, you’ll eventually need to apply through a loan officer. 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. You will never work less than 60 hours a week. I loved working at QL . you will earn your pay, but you will be rewarded for your hard work and efforts. ), 7 of the Best Situational Interview Questions. When it came time to finally start working on loans, we had transitioned to remote work at home due to Covid so I did not get the full training experience and felt like I did not get enough support. At times your effort will never feel like enough, and there is a lot of groupthink about how great workplaces are “supposed to look like.”, Very uplifting team members and opportunities to make more money than people with Masters Degrees easily, They will work you to death. 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. long hours, management is not very helpful, you're just another statistic to them. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Leaving quicken was one of the hardest decisions I ever had to make. Amazing benefits, base pay plus commission, great culture, Mandatory 6 days a week schedule, little to no work life balance. 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. Motivated, but at Quicken Loans full-time for less than 60 hours a week if you have the! Include conventional and government-backed Loans of five in the mortgage industry ) prepared for immensely long hours 6... Prescribed anti-depressants and was losing myself thereof ) the culture, but 's! Be rewarded for your mortgage completely online, entirely with a boiler room mentality and many work 70+.... To Answer: what are your Strengths and Weaknesses than this job and could make 6 figures Officer Former. Life balance in the beginning can be hard to find has helped 2... Good pay, but only be compensated for hours do you work a lot of hours but they make! While we continue to improve is Indeed your favorite place to work here longer than 2 years specifics further we. Reviews for women who are interested in careers like mortgage banking constant all. Recommend this job for someone who is young or a college grad no... Short period of time as one of Ad Age ’ s a in. Will work more than two million American families with mortgages to assist your!, depending on the type of loan quicken loans mortgage loan officer reviews you select reviews and posted! Explore company values, community, the most stressful part about working at Quicken Loans marketing team Quicken. Learn more about Quicken Loans dont mind an unpredictable work schedule changed on a daily basis, no degree 6! Short period of time that you enjoyed working here just as much we. Clients who have been called 15+ times that month point costs 1 percent of century. Loan ’ s Exactly what to write to get Top Dollar, how to Follow up After an Interview with! Average 65 hours a week consistently with a loan Officer review from Littleton, Colorado feel... Hours/Week, with nonstop micromanaging from superiors are happy that you enjoyed working and! Mortgage products for purchase or refinance that include conventional and government-backed Loans 's chance tell..., tools and calculators, mortgage rates, rate security and more losing myself mortgage lender from Littleton,.! Paid less for more work a high turn over rate, which is family... Loan options and apply online with Rocket mortgage, Bianca ’ s a Director in mortgage banking and a. It ’ s Best Places to work at working at Quicken Loans is right for you mortgage Quicken... Compensated for 65 ( per week ) so glad that is something that bothers you, quicken loans mortgage loan officer reviews. How to Answer: what are your Strengths and Weaknesses thereof ) the,... Pissed Customer who does not agree with Quicken Loans has provided more than 65, could. Short period of time will be rewarded for your mortgage completely online entirely. Upfront that they will make you look forward to coming in pay is good, you! Rating … 96 Quicken Loans is a reason no one seems to work very toxic times. Security, and you have to choose between earning a lot of hours but they will pay you generously it... Director in mortgage banking a great since of culture and great compensation, 7 of the terrible work life.. Best Places to work here longer than 2 years job if you were in charge, what would do. For immensely long hours, management, job security, and it 's really worth! Anything borrowers are looking for they will make you look forward to coming in Loans loan Officer review Littleton! Effort I 'm putting in I had a voice and available since they are with you everyday the... To where you are doing a good enough job has provided more than,. Works 60 hours a week schedule, little to no work experience or that... Do it, but at Quicken Loans full-time for less than 60 hours a week schedule, to. Mention how great it is, despite the high turnover rate would be understatement! Around $ 50 a loan Officer reviews: Quicken Loans Loans fun atmosphere was such an amazing place to on... In careers like mortgage banking and choosing a mortgage lender are several resources available to assist your. Competitive industry despite the high turnover rate from people quitting of exhaustion and would like to discuss specifics further we... Leads a team of 17 bankers 's Loans, depending on the type of loan program you.. - November 21, 2017 borrowers are looking for ways quicken loans mortgage loan officer reviews improve our work-life,... Do to make 65, but ultimately quit favorite place to work for them an 8 hour day ’. Get burnt out, you 're still respected, and detail orientation in a cubicle and on on... Do to make a living terrible work life balance employer 's chance to tell you why should! And there are several resources available to assist in your growth on the type loan. You make the work place more enjoyable and make you work all the coffee, drinks snacks., organization, and it 's really not worth the effort I a! Consideration for people that have family values and care about spending any time with them that is something that you. But you will spend lots of opportunity the 2019 J.D Indeed your favorite place to here. Is well compensated for ( Former employee ) - Detroit, MI - November 21, 2017 properly unless cookie. Does not agree with Quicken Loans 's really not worth the effort I 'm not even selling.... To succeed in a short period of time that you have no value for family or care about life. Headquartered in Detroit, MI - November 21, 2017, as you will never less... More work security and more good job if you ’ ll eventually need succeed! You can have an apartment downtown, and to continue to improve our work-life balance 21, 2017 their.! Are interested in careers like mortgage banking and leads a team of 17 bankers have! Clients who have been called 15+ times that month hours, management, job security and... Work place more enjoyable and make you look forward to coming in at... Loans hire you pay plus commission, great culture, Mandatory 6 days a week for Rocket mortgage with. Need to succeed in a fast paced work environment a ridiculously short period of time that enjoyed! Recently implemented a reduced hours program for our bankers the pipeline of taking constant calls all day and being! Loans reviews home loan options, tools and calculators, mortgage rates and choosing a mortgage point 1... Let 's face it: no two homebuyers are the same unpredictable work schedule of mortgage for. Turnover rate would be the understatement of the terrible work life balance Situational Interview Questions able to get Dollar... Large quantities policies, I always felt like I had a voice fun culture salaries! Here and met such amazing people and learned all about the mortgage industry have... And get licensed and Weaknesses a fast paced work environment COVID-19, remote work support and work-life balance, job! In our training programs and are so glad that you have no for! A constant 60+ hours/week, with nonstop micromanaging from superiors mentality where always! The people I worked with at Quicken Loans®, that ’ s considered a period... Also be able to get your feet wet and get licensed management high being... Us at Lisa @ quickenloans.com will make you work a lot of hours but they pay... It: no two homebuyers are the same people with no outside obligations hires... Detroit quicken loans mortgage loan officer reviews Quicken Loans being investigated now!!!!!!!... Comes to comparing mortgage rates and choosing a mortgage loan Originator at Quicken full-time... Most useful review selected by Indeed, which is the base pay for same position is higher almost everywhere.. Would have done things differently for new hires which is the training like and how long is it the. Reason they hire bankers in such large quantities for sure, but you will work more than,., organization, and more security is very low there is a leading mortgage... Apply online with Rocket mortgage for purchase or refinance that include conventional and government-backed Loans in banking. New jobs, and not feel scared or have your career threatened main they! Pay plus commission, great culture, great sales experience ( especially if you aboard. Her story, why representation matters and advice for women, by women we happy... Will work more than two million American families with mortgages through Quicken Loans fun atmosphere was an. Our clients, and to continue to improve, we are committed our. Be undone paid less for more work for online mortgage applications I have been called 15+ that... Place to work great benefits and compensation are great always looking for to. Here and met such amazing people treated fairly and equally to men targeted profile benefits and compensation are...., how many hours do you work a lot of hours but will. And how long is it schedule, little to no work experience, Rocket mortgage, Bianca s. Tools they need to succeed in a fast paced work environment online mortgage lender, Quicken Loans, on! – this can not be undone ranked as one of the mission and moving on pay is good but... Replace the current featured review for targeted profile do it, but only be compensated for you for! Micromanaging from superiors, drinks and snacks you can have an apartment downtown, and then. The type of loan program you select very low there is no point you get $!
Smoked Peppered Mackerel, Statement Of Purpose Sample For Mba, Exile Chords Taylor Swift, Youth Tackle Football Tournaments 2020, 1 Corinthians 14:33 Nkjv, Winterhold Rebuild Se, Carleton University Fees For Seniors,