At LoanDepot, You Are Tiny Cog In A Dark and Twisted Machine - Anonymous employee loanDepot Employee Review

5.0
Jun 23, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I met some good colleagues

Cons

CEO and Upper level management engage in potentially illegal activities and retaliate against whistleblower (See the NY Times article from Sep 2021) A very uncaring, cold culture from the high level Never received any performance review. I did my job and made them money so they could care less about my career or development. This is a dark, cold company. Frankly, full of money-hungry fools who prey on people's need for housing for profit. It's gross and I had to get out. They have mass firings over Zoom regularly. Just... no. Don't work here if you have a sense of morality.

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loanDepot Response
4y
Thank you for sharing your commentary and feedback. We are glad to hear you were able to meet some great colleagues during your time at loanDepot. Should you like to discuss details of your experience further, please reach out to us directly at wecare@loandepot.com.

Explore other reviews about loanDepot

5.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Lots of leads and support from management

Cons

More time to work on your leads instead of taking new ones

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loanDepot Response
2w
Thank you for sharing your feedback. We're glad to hear you found value in the lead opportunities and management support. We appreciate your perspective!
2.0
Jul 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Work from home, loans get closed on time

Cons

They are not scared to fire pregnant women or to downgrade their job after maternity leave and pretend like it's the same job- it happened to me and at least one other employee

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