loanDepot Environment Employee Reviews | 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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loanDepot Environment Employee Reviews

What is most positive about the culture and environment at your company?

My team and direct management

Work remote that’s it so f

Simply put, a positive work culture is one that prioritizes the well-being of employees, offers support at all levels within the organization, and has policies in place that encourage respect, trust, empathy, and support.

Review from Sales Dept

My specific team is positive

The community engagement and local involvement is encouraged.

Extremely positive and empowering when business is good. Extremely degradating and report-driven when they are not

Co-workers are great. Management acts like evweything i great even when its clearly not.

Supportive, inclusive, openness and upward mobility

My coworkers, always supportive and helpful

The praise you receive for being good at what you do. Everytime you help a family with a refinance you are celebrated for making a difference in your community

The people were great tk work with

Do your work, get your file touches and people leave you be.

Unfortunately I can't offer any positive comments.

Review from Operations Dept

The tesm members. We encourage each other.

Review from Operations Dept

The only thing posituve is when we receive packages from the company such as apparel.

I liked it when we worked at home

Review from Sales Dept

Work place has flexible hours.

Everyone works together instead of individually.

Review from Operations Dept

very positive, you feel like you're part of a team and not just a regular employee

Review from Operations Dept

Energetic and fun. Great atmosphere with many perks and amenities

What needs to change to make the company culture better?

It's a toxic work environment that needs to change

Work life balance should exist

Review from Sales Dept

something in processing, because the good ones leave and the worst most miserable people are left to demolish loans.

Review from Sales Dept

Based off who you know not work ethic

Review Sentiment at loanDepot

65
65%
35
35%

About loanDepot's Environment

C
66/100

Where This Score Ranks loanDepot's Environment

BOTTOM
45%

In the Bottom 45% of 1555 similar size companies on Comparably

BOTTOM
35%

In the Bottom 35% of 318 companies in Los Angeles

3rd

3rd place versus 4 competitors rated on Comparably

The environment at loanDepot is considered positive by 61% of employees and regarded as having an “extremely fast” work pace by 30 employees. Relative to its competitors, New American Funding, Rocket Companies, Network Capital Funding, and BorrowersFirst, loanDepot's environment score ranks in 3rd place. This also puts them in the Bottom 45% of 1555 similar sized companies (5,001-10,000 Employees) on Comparably and Bottom 35% of 318 companies in Los Angeles.

Rate Environment the Highest

  • Department - Operations
    +7%
  • Ethnicity - Asian or Pacific Islander
    +7%
  • Gender - Female
    +7%

Rate Environment the Lowest

  • Experience - 3 to 6 Years
    -30%
  • Ethnicity - Native American
    -28%
  • Department - Sales
    -14%

How loanDepot's Environment Score is Calculated

FILTER RATINGS BY

Results from 75 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
7 or less4%
842%
1033%
1211%
More than 1210%
On average, how many hours do you work a day?
AnswerPercent
Extremely fast41%
Comfortably fast34%
Moderate12%
A bit slow3%
Bureaucratic10%
What's the work pace at your company?
AnswerPercent
Positive61%
Negative39%
Is your work environment positive or negative?
AnswerPercent
Yes25%
No75%
Does someone you work with closely, make you want to quit your job?
AnswerPercent
Yes60%
No40%
Do you have a close friend at work?
AnswerPercent
5% or Less25%
5-10%0%
10-25%25%
25-50%25%
50%+25%
What % of the time are you bored at work?
×
Rate your company