Quicken Loans Reviews

Updated 6 Jul 2020

To filter reviews, or .
3.8
72%
Recommend to a Friend
85%
Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
608 Ratings
Pros
  • "flexibility and great work environment(in 159 reviews)

  • "Team members are empowered to make calls and drive ideas forward(in 128 reviews)

Cons
More Pros and Cons
  1. "Good place"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Quicken Loans part-time for less than a year

    Pros

    Good environment and also a good team

    Cons

    Lack of benefits, difficult to progress in the career

    Quicken Loans Response

    January 31, 2020Job Board Specialist

    Thank you for your review. We appreciate your honesty and constructive feedback. We value our team member experience but understand that there is always room to improve.

  2. "Amazing Culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time

    Pros

    Innovative, forward-thinking, ambitious, caring company.

    Cons

    Headquarters location is great though the surrounding area still struggled.

    Quicken Loans Response

    August 31, 2018Job Board Specialist

    Thank you for taking the time to give us your opinion on us here at Quicken Loans. We are so glad that you enjoyed working here just as much as we do. We take pride in our team member experience and are glad that is reflective in your encounter.

  3. "Does a lot to make it an inviting work space"

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

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

    Pros

    Coworkers, management, typically good at what they do and kind, reasonable humans, good benefits, good corporate culture.

    Cons

    Sometimes chaotic, can be challenging if you're not fully self-directed.

  4. Helpful (1)

    "Good Experience"

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

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

    Pros

    Fun environment. Well-established data warehouse to work with.

    Cons

    People stretched across too many projects to work effectively on one

  5. "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
  6. "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

  7. Helpful (1)

    "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.

  8. Helpful (1)

    "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
  9. "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

  10. "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
Found 1829 reviews