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
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
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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.