Great Money..... thats about it - Loan Officer loanDepot Employee Review

-MICROMANAGED TIL YOU BREAK - Your life is no longer your own. You belong to LD. Youll have alot of PTO time built up but you arent allowed to use it. ( They will make up various excuses) - There are 5-6 who can screw up your work and cost you money and there is NOTHING you can do about it. -You will get "warm leads" that are not eligible for a loan or already have a ridiculous rate who dont actually want to refi but they were promised something by the CLR. And then you will get yelled at because you dont convert enough ( its an endless cylce) - They will tell you they want work life balance and that you only have to work a 9hr day, but your manager will do everything they can to stretch that out as far as possible to more like 12 hrs and then demand you come in EVERY Saturday. -You will never have time to work on files with issues as you are told to "only focus on front end". You are paid commission on fundings, so all those loans you worked hard to fund..... they will be declined or cancelled so that you only make hourly pay. Not the best business strategy in my opinion cause the company makes money on fundings too, but what do I know.