Quicken Loans Reviews

Updated 9 Aug 2020

To filter reviews, or .
3.8
71%
Recommend to a Friend
85%
Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
619 Ratings
  1. Helpful (1)

    "Expect to work pretty much every weekend"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Remote Mortgage Banker in Cherry Hill, NJ
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    -Good benefits -Good pay -contests with pretty good prizes on a regular basis

    Cons

    -Pointless early morning meetings -expected to work 12 hour days with less than a days notice -recruiters tell you you are scheduled 1 Saturday a month, what they don't tell you is they really expect you to work almost every Saturday and some Sundays -commission compensation is very confusing, and goals are constantly increasing

    Continue reading
  2. Helpful (4)

    "Bait and Switch Beware."

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Remote Banker in Detroit, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    You can make some money, employee perks are good.

    Cons

    No attempt at a work life balance. You work every weekend, expected work hours are 12 plus a day. No notice on stay late or scheduling or how your pay is monthly. Pay and compensation shown when hired will change and the expectations will go up. The work environment pay and expectations are completely different than what they show you when hired. Very poor training as well because they want to rush you to sell. So they basically expect you to work until you get burnt out and quit or drink the kool aid and love it there. Not very realistic or professional.

    Continue reading

  3. "Great company to work for!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Banker in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Senior management cares about employees from top top bottom!

    Cons

    6 days/ week, minimum of 12 hrs/ day

  4. Helpful (2)

    "Disjointed but works well"

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

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

    Pros

    All of the logistical perks are great (insurance, environment, etc).

    Cons

    Some of the leadership seems spread thing or not selected correctly, normally at the direct leader level.

  5. Helpful (2)

    "High-stress, low reward"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous in Detroit, MI
    Doesn't Recommend
    Positive Outlook

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

    Pros

    They hire really good hardworking people so the people you work with are awesome. Lots of energy within the company. Overall there’s a lot of autonomy which I appreciate because I’m very independently driven.

    Cons

    The burnout is real. Expectations are unreasonably high. Pay is lower than other companies in my field but by the time you put in 3 years here it feels like 10 so it’s hard to leave. If you make one mistake you can get fired. I watched about half of my coworkers on my team get fired or quit since I started. Nothing is ever good enough. You could go 3 years with no mistakes in a high-stress, production environment, but make a small mistake? Smile, you’re on letter. :)

    Continue reading
  6. "great company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Loan Officer in Detroit, MI
    Recommends
    Positive Outlook

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

    Pros

    great culture, training, benefits, great pay if you put in the time

    Cons

    hours are longer you have to put in alot

  7. "Internship"

    3.0
    Former Employee - Intern 

    I worked at Quicken Loans part-time

    Pros

    Good for resume. Fun environment

    Cons

    Not much you can do

    Continue reading
  8. "Good pay long hours"

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

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

    Pros

    Good pay potential to make 5 figures right away

    Cons

    Long long long hours and high stress environment

    Continue reading
  9. "Fine"

    3.0
    Former Employee - Worker 

    I worked at Quicken Loans full-time

    Pros

    Overall company culture is okay.

    Cons

    Lack of communication and transparency.

  10. "Great place to work"

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

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

    Pros

    Great culture and team members. Lots of learning opportunities.

    Cons

    Sometimes work hours are long.

Found 1846 reviews