Working At loanDepot - Ask a Question | Comparably
loanDepot Claimed Company
loanDepot is the third largest private, independent retail mortgage lender in the U.S. and provides residential loans. loanDepot’s current read more
EMPLOYEE
PARTICIPANTS
231
TOTAL
RATINGS
1953
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Q&A With loanDepot Employees

loanDepot employees answer questions about what life is like behind the scenes at their company, including queries about culture, leadership, professional development, and compensation.

How employees describe working at loanDepot

Management, security, effective communication dedicated fraud unit

We get along, no issues there

This is a very very bad mortgage company to work for and provides no base to even pay your bills is ridiculous

Work remote that’s it so f

Most Valuable brand my commert

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What it's like to work at loanDepot

  • loanDepot employees generally work 9.6 hrs a day
  • Employees at loanDepot report the work pace is extremely fast
  • 67% of loanDepot employees look forward to interacting with their team every day
  • loanDepot employees most often take 15-20 paid vacation and sick days each year
  • 40% of loanDepot employees report they are happy with their work life balance
  • loanDepot employees typically get valuable feedback on how to improve at work Once a month
  • 61% of loanDepot employees call their work environment positive

Q&A With loanDepot Employees

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Aggregated Employee Answer on Comparably

  • loanDepot employees rate their overall benefits a C- and most of them think the perks are Fantastic. 54% of loanDepot employees say they are satisfied with their benefits. The majority of employees also get 15-20 days of paid vacation, and most of the employees believe the cash value of their benefits is $2500+/mo.

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Aggregated Employee Answer on Comparably

  • 43% of the same employees also feel like loanDepot is invested in their career growth. On average, majority of employees do not have a mentor to help them navigate their career at loanDepot.

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Aggregated Employee Answer on Comparably

  • loanDepot employees rate their manager a C+ or 66/100 and the majority believe their manager truly cares about them as a person. Most of the employees (60%) also feels pretty comfortable providing negative feedback directly to their boss.

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Aggregated Employee Answer on Comparably

  • loanDepot employees rates their pay and overall compensation a D+ or 54/100. 46% of employees believe they are paid fairly and 20% of employees get raises every year.

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Should I work at loanDepot?

26% of loanDepot employees would encourage their friends to become coworkers, whereas 13% are neutral and 61% would not recommend working at loanDepot to their friends.

-35
eNPS Score
26%Promoters
13%Passive
61%Detractors
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