Is Loandepot a Good Company to Work for

1 March 2022

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Instead of focusing on the quality of the work done, all the focus is on the work that has not been done. It is very difficult to measure true success when he had a load of 3 to 4 times more than someone in the same industry in other companies, fewer tasks and more salary My team is a mine of knowledge, there is not a single teammate I could not turn to for advice and not find him, but I`m also part of one of the best teams in the whole company. something in the treatment because the good guys leave and the worst miserable are left to destroy the loans. “A good workplace just needs better management and organizational skills overall.” The Executuve team should take better control of the feedback the Fronliners give and not base their success solely on numbers. There is such a thing as good employees leaving companies for great leadership, and this is a trend that is noticeable for those who flock to follow leaders. Do your job, get your file keys and people will let you be. “LoanDepot is a great company to work for. They have a lot of opportunities to progress and a lot of training, which is very useful and I enjoyed working here. My manager was great, the VPS was great and was an open book. I was able to reach them when I needed/wanted to. which is always beautiful. I would recommend working here for new loan officers. It`s an 8/10 overall to work here” Out of 120 reviews from kreditDepot employees, 63% were positive.

The remaining 37% were constructive evaluations with the aim of helping loanDepot improve their work culture. The operations team reports with 81% positive reviews about the best experience at loanDepot compared to all other departments of the company. The sales team gave the most constructive feedback, with 54% of the department`s reviews being constructive in nature. “Loan Depot is a good company to work for, but training needs to be improved” “The company is good at working on the whole. I feel like they`re doing things a little too late for their employees in terms of structure. The praise you receive for being good at what you do. Every time you help a family with a refinance, you are celebrated for making a difference in your community “I launched Loan Depot in January 2021, it`s a strong company that opened a new department for which I was hired. There were a lot of problems getting it off the ground. It was a learning curve for everyone.

My manager was very helpful and practical with our team. Eventually, they reviewed the entire project, but weren`t able to put everyone in other roles. The sky limits it, the weakest loan officers clarify 10k per month. Comprehensive health insurance/vision/dentistry 6% equals 401k, life insurance for me and my son. Tons of PTO and the ability to work remotely. I love my life. “LOANDEPOT pays a fantastic salary but offers 0 work-life balances.” “I`ve been working for Loan Depot since November and it`s a great company. I`ve seen how they treat people and they have a good culture. I have a contract, so I have to go, but if I had the opportunity, I would grow up there.

I look forward to achieving this growth with this company in the near future” “I have been working for loanDepot for almost a year and am entering my second year next month. The working environment here is amazing. It is very favorable, if help is needed, I can go ahead and ask for it and I will get the help immediately. The management team here really encourages our teammates to help other teammates and promote a sense of family in the workplace. I would give loanDepot a 10/10 place to work. You need to work on getting loans without sending hateful emails of negative bullying Use communication channels for business purposes and leave any additional communications that are not related to work out of the team channels. This blocks the chat room and makes it difficult to find information when so many non-work-related conversations fill it out. Just have a separate message about it, “I`ve learned a lot in my current company, worked with different teams and technologies.” Due to COVID and remote work, there is little or no interaction. Even when we were in the office, the interaction was frowned upon. “The company is abusing employees, they don`t want to pay overtime, but they want you to close the loan outside of your business hours. Since it was made public to buy shares, they do not appreciate their employees.

“I`ve been working in the mortgage industry for over 10 years and I`ve always found it so fascinating, all the different jobs that the mortgage game has, and I`ve tried to learn each of them, I`m at Loan Depot right now and I`ve really enjoyed working there, I`ve learned a lot, but in these difficult times, who have gone through their changes, my family and I simply cannot be separated from them. My UW team is strong and we take care of each other. Our manager keeps us united. Processors are 60/40. 60% decent and 40% bad. Only a handful of price channels are worth it. As for loanDepot, be left alone to accomplish the assigned tasks. Increase the hourly rate. Performance pay is not feasible for the position I hold. If I had known that, I would not have accepted the job offer. They are always ready to step in and help in any way possible, including jumping into the file to look around and solve problems. Finding someone who really needs help doesn`t know where the money is coming from to make the next month`s payment and gives them a complete financial makeover.

Consolidation of their debts. Lower their interest rate, offer them hundreds to thousands of dollars in monthly savings Too many personal complaints. They`re just promoting partygoers. CultureClimate. . It was a panel interview, and you are being interviewed by a team of vice presidents and directors. You choose only the best The Equifax logo is a registered trademark of Equifax in the United States and other countries. The benefits are exceptional and top-notch. Treatment must be responsible for something, they must have leaders who bring positivity, and morale must be led by a real leader who can build the mood of the team and not let hatred and dissatisfaction grow. The management team here has been officially promoted to our ranks and are experienced loan agents. They are masters of their craft and incredible instructors who are ready to put you in any role you take on Consider lower-level employees as valuable contributors to the slot machine.

There is NO benefit to most jobs except to be happy to have one. Stop telling employees to resign if we don`t like manipulative rules. Remember that the CEO is not GOD. Management doesn`t know how to get out of a hole in the ground loanDepot is an industry leader and offers many opportunities. Unfortunately, industry leadership tends to affect the relationship between employees and employers. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Medical, Dental and 401(k) are comparable to other companies. Basicpy, 401k and life insurance are what interests me. The salary and life insurance are excellent. The 401k match is drawn and the blocking period is 4 years. Which is probably typical, but it`s longer than any job I`ve had before. Benefits and PTO, but never time to take a PTO. Do what they say they will or won`t do, like stay in your pipeline with the maximum amount of loans so that success is possible and don`t overload us so we don`t meet expectations for deadlines. Don`t give last-minute loans that need to be closed within impossible timeframes. They say we call them non-stop and get married to be by a lot of crazy Most of them were easy to reach and connect with the mentality of the team, ready and willing to stand up and support. There are no Outlook reviews on loanDepot yet. Be the first to contribute to an assessment. © 2007–2016 Credit Karma, Inc.

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