loanDepot.com Employee Reviews for Anonymous Employee

"loanDepot is a progressive, industry-leading mortgage originator and serviced that I have found to make me a stronger, more proficient underwriter. It is lacking in qualified leadership promotion which I why I am looking elsewhere. It is a great company if your goal is to stay as an Operations associate, but if you are looking for leadership growth it is not the company for you."

"I started work with Loan Depot in January of 2021 they are a strong company who opened a new department which I was hired for. There were many issues with getting it off the ground. It was a learning curve for everyone. My Manager was very helpful and hands on with our Team. Eventually they ended up revamping the whole project, but were not able to place everyone into other roles."

"Learned a lot in my current company, worked with different teams and technologies."

"Loan depot is a good company to work for but training needs to be improved on"

"Great place to work, just needs better management and better organization skills as a whole."

"LOANDEPOT pays a fantastic salary but offers 0 work life balance."

"The company abuses the employees, they don't want to pay overtime but they want you to close loan outside of your hours. Since it was made public to buy stocks, they do not value their employees."

"I’ve worked for Loan depot since November and it’s a great company. I have seen how they handle people and they have a good culture. I am on a contract hence I have to leave but if I had the opportunity I would grow within. Looking forward to getting that growth with this company in the near future ahead"

"Due to the current market I feel loan depot may be in a mass hiring phase causing there to be people newly in positions they aren’t accustomed too. I would ask time sensitive questions of my supervisor and at times wouldn’t hear back for days even with me constantly following up. My manager did try her best however the theme seems to be close the easy files and leave the difficult ones to age out without follow up, leaving our customers in a slump. Possibly building an escalation team would be helpful in loan depots future."

"Worked here in 2020 on grassroots project."