Stressful tough company to work for that is ruthless in firing people. - Senior Mortgage Banker loanDepot Employee Review

1.0
Feb 11, 2011
Recommend
CEO approval
Business Outlook

Pros

Management team 25 year history, great processing service.

Cons

Managers are brutal, time-off requests are tough. Compensations is below industry average.

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loanDepot Response
12y
We appreciate feedback both constructive and positive, so thank you for taking the time to share your experience. Our Management team is quite tenured and is made up by the best of the best in the industry. Thank you for taking the time to acknowledge that! We do recognize that work/life balance is critical to employee happiness as well as productivity. We offer 15 days of PTO annually and more, based on tenure. Our average Senior Mortgage Bankers earn into the six figures and our top performers earn significantly more, consistently. Again, thank you for taking the time to share your feedback and we apologize for not meeting your expectations as an employer. - Tara

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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