Quicken Loans Reviews

Updated 6 Aug 2020

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3.8
71%
Recommend to a Friend
85%
Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
613 Ratings
Pros
  • "flexibility and great work environment(in 160 reviews)

  • "The company has great culture and they believe in the ISM's and that is what make them different from other companies(in 129 reviews)

Cons
More Pros and Cons
  1. Helpful (1)

    "Internship review"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Quicken Loans

    Pros

    1. Excellent work life balance 2. Opportunities to shadow other teams 3. Multiple events are organized for interns 4. Good technical teams 5. A lot of benefits for full-time employees

    Cons

    The only con of the internship program is the low internship salary rate. It does not meet the industry standards at all. No demarcation between graduate and undergraduate interns.

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  2. "a"

    3.0
    Former Employee - Anonymous Employee 

    I worked at Quicken Loans part-time

    Pros

    1). Good pay 2). Nice working environment 3). Good HR Policies

    Cons

    Nothing much on comparing to other companies

    Quicken Loans Response

    August 6, 2019Job Board Specialist

    Thank you for your review. We are happy that you enjoyed the environment we work to create here at Quicken Loans and appreciate feedback!


  3. "Great pay, long hours."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Power Banker in Cleveland, OH
    Recommends
    Approves of CEO

    I worked at Quicken Loans full-time for more than a year

    Pros

    Great pay Training was top notch

    Cons

    Long Hours Too much corporate kool-aid

  4. "Great Company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Web Mortgage Banker in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time for more than a year

    Pros

    Good benefits and company culture.

    Cons

    Long hours and expected without overtime pay.

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  5. "Better than your average company (in IT)"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Technical Data Steward in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time for more than 3 years

    Pros

    Good environment for new ideas, open discussion, conversation, learning.

    Cons

    Difficult to positive process changes, always in pursuit of the new shiny object.

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  6. "Great Company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Applications Engineer in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time for more than 3 years

    Pros

    Non-Formal atmostsphere C-Suite leaders are usually avaible Great Team dynamics Room for growth You own your own career path and progress Feedback is taken seriously Feedback is given regularly

    Cons

    Compared to industry standards compensation is poor

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  7. "Interview"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banker in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time for more than 8 years

    Pros

    Great place to work at

    Cons

    None really great place to work

  8. "Pretty good place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Regional Relationship Manager in Detroit, MI
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Quicken Loans full-time for less than a year

    Pros

    Good pay, great leader, fun team environment.

    Cons

    Very long hours, somewhat unrealistic expectations, and you get their politics shoved down your throat.

  9. "Great place to start out"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Accounts Receivable Specialist in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time for more than 3 years

    Pros

    Great benefits and opens the door for many opportunities throughout the FOCs

    Cons

    Many positions are very specialized/specific

  10. "Golden Handcuffs"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Mortgage Banker 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Quicken Loans full-time

    Pros

    Compensation was great, leadership is spotty depending on who your team lead is.

    Cons

    No work life balance, the company pushes the idea that if you like work you don't need the other part because it's "all work/life" lol. Things are very micromanaged, if you take more than half an hour to eat be prepared for an awkward conversation about what took you so long.

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