loanDepot reviews

3.2

51% would recommend to a friend

(2,857 total reviews)
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Anthony Hsieh

66% approve of CEO

46% positive business outlook

loanDepot has an employee rating of 3.2 out of 5 stars, based on 2,857 company reviews on Glassdoor which indicates that most employees have a good working experience there. The loanDepot employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
3.0
May 17, 2013
Recommend
CEO approval
Business Outlook

Pros

Incoming leads, no need to prospect, plenty of business to be had, not expected to chase down stips from customers.

Cons

cube farm, therefore the cube farm mentality takes over from management. Expected to work 10 hour days or else frowned upon for not being a team player. Really a call center environment with over inflated titles. If you don't mind a short leash and a daily brow beating, this is the place to be.

5.0
Mar 14, 2013
Recommend
CEO approval
Business Outlook

Pros

Fun Team with forward thinking Executives. Lots of opportunity and watching the company grow is exciting.

Cons

Making it a smoke free environment around the office building. :)

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loanDepot Response
12y
Thank you for taking the time to write about your experience as an employee at loanDepot. We appreciate your feedback! While we did provide a place for our employees who smoke, that's away from the building (in Foothill Ranch) and has tables with umbrellas, I will pass your suggestion along to the appropriate people so a reminder can be sent out. - Tara
5.0
Feb 13, 2013
Recommend
CEO approval
Business Outlook

Pros

loanDepot provides a positive work environment. By listening to the suggestions and ideas of their employees, they have manage to provide an effortless workflow so that you can achieve your goal. Leaderships are supportive, knowledgeable and always willing to help. Same goes to the team staff, no matter how busy or hectic their day is, they’re willing to lend a helping hand. I love working here and not many people can truly say that!

Cons

Parking situation can be better.

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loanDepot Response
12y
Thank you for taking the time to write about your experience as an employee at loanDepot. We appreciate your feedback! We do try and ensure there are a lot of opportunities for our employees to express ideas and suggestions, including anonymously. We're glad you recognize that we do! We do have limited parking adjacent to the building, and have issued green parking tabs based on tenure for all of the spots that the property management company has allowed us. Thankfully, the open parking isn't too far away. - Tara
Viewing 2836 - 2838 of 2,857 Reviews

Glassdoor has 2,893 loanDepot reviews submitted anonymously by loanDepot employees. Read employee reviews and ratings on Glassdoor to decide if loanDepot is right for you.