loanDepot Team 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 Team Employee Reviews

What are some of the best things about your team?

We get along, no issues there

Good leadership Team members are diverse They offer each other support.

Review from Sales Dept

Co workers are super helpful. Thats the only thing that keeps you going And feels like a team

They work hard and are eager to learn

helpful team members that have a group success mentality

We have a great team, we support each other very well.

LD has a tendency to higher those with lesser experience because their salary demands will not be as high. This takes an obvious toll on the company's overall productivity and success.

The people are great to be around.

The family environment and team spirit are wonderful.

Good attitudes, willing to help others.

Team mentality, willing and ready to helo and support.

My team is a wealth of knowledge, there isnt a single teammate i couldn't turn to for advice and not find it, but i am also on one of the best teams in the entire company.

I had the best coworker and we were a great team

My UW team is strong and we look out for eachother. Our manager keeps us unified. The processors are 60/40. 60% decemt and 40% bad. Only a handful of pricessors are worthwhile.

They are always willing to jump in and help in any way they can including jumping in the file to look around and help solve issues.

Review from Operations Dept

When alex wellman was there it was fun and he was very nice. Hed work with u if there was an issue of some sort.

Review from Sales Dept

Funny encouraging motivating and vey fun

They are friendly and hardworking

My supervisor actually listens to me to help improve my job functions.

Review from Operations Dept

hard working, we work well together

Review from Operations Dept

What do your coworkers need to improve and how could you work together better?

Unfortunately it starts at the top. They push is all to do so much, very quickly.... but don't make a mistake or you'll be written up

Due to COVID and working remotely there is little to no interaction. Even when we were in the office interaction was frowned upon.

Review from Operations Dept

Use the communication channels for work purposes and leave all of the extra communication not work related out of team channels. It bogs down the chat room an makes it difficult to find information when so much non-work related conversations are filling it up. Just have a seperate commnication on it

they need to work on closing loans not sending negative bullying hate filled emails

Review from Sales Dept

Too much personal complaining. They only promote the partiers...culture climate.

Review Sentiment at loanDepot

65
65%
35
35%

About loanDepot's Team

C-
64/100

Where This Score Ranks loanDepot's Team

BOTTOM
30%

In the Bottom 30% of 1634 similar size companies on Comparably

BOTTOM
20%

In the Bottom 20% of 342 companies in Los Angeles

4th

4th place versus 4 competitors rated on Comparably

loanDepot's team score is currently ranked in the Bottom 30% of similar sized companies on Comparably and placed 4th among its competitors. 67% of loanDepot employees look forward to interacting with coworkers while 40% believe their company meetings are effective. Among the various teams at loanDepot, the IT department ranks the highest in team score.

Rate Team the Highest

  • Department - IT
    +25%
  • Ethnicity - Asian or Pacific Islander
    +20%
  • Gender - Female
    +17%

Rate Team the Lowest

  • Ethnicity - Native American
    -25%
  • Department - Sales
    -11%
  • Ethnicity - Other
    -1%

How loanDepot's Team Score is Calculated

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Results from 87 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

73
out of 100
How would you rate the quality of your coworkers?
AnswerPercent
Yes40%
No60%
Are your company's meetings effective?
AnswerPercent
Yes67%
No33%
Do you look forward to interacting with your coworkers?
AnswerPercent
Yes20%
No80%
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