loanDepot Compensation Employee Reviews | Comparably
loanDepot Empresa Reclamada
loanDepot is the third largest private, independent retail mortgage lender in the U.S. and provides residential loans. loanDepot’s current leer más
EMPLEADOS
PARTICIPANTES
234
Calificaciones
totales
1985
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loanDepot Compensation Employee Reviews

¿Cuál es la mejor parte de su paquete de compensación?

Unlimited time off. And never guilted about using it.

Revisión Publicado hace 2 años

The bps offered to loan officers

Revisión Publicado hace 2 años

The Health insurance is good, not great, but good

Revisión Publicado hace 2 años

Bonus health 40k has inversgmand

Revisión Publicado hace 4 años

The salary and discretionary time off, although they will likely get sued for disparities on allowing managers to use it

Revisión Publicado hace 4 años

ability to "promote yourself" if deserved

Revisión Publicado hace 4 años

There isn't just 1 part I like about it collectively it is an excellent package.

Revisión Publicado hace 4 años

Being paid on closings. Can earn up to 60 bps per loan.

Revisión Publicado hace 4 años

Elite PPO medical was very comprehensive with a low deductible

Revisión Publicado hace 4 años

The skys the limit, the weakest loan officers clear 10k a month. full health coverage/ vision/dental 6% matched 401k, life insurance for me and my son. Tons of PTO and the option to work remote. I love my life.

Revisión Publicado hace 4 años

Benefits and PTO but never any time to take any PTO.

Revisión Review del Departamento de Operaciones · Publicado hace 5 años

Medical, dental and 401(k) are comparable with other companies.

Revisión Publicado hace 5 años

The benefits are extraordinary and top of the line.

Revisión Publicado hace 5 años

I'm given the option to choose my plans. It completely customizable, so I can add/remove items.

Revisión Review del Departamento de Operaciones · Publicado hace 7 años

You can make what you want

Revisión Review del Departamento de Ventas · Publicado hace 8 años

stable income, room for growth

Revisión Review del Departamento de Operaciones · Publicado hace 8 años

The pay and bonus are the best part

Revisión Publicado hace 8 años

¿Por qué te sientes infravalorado y qué te haría sentir mejor con respecto a tu compensación?

If the commission cap that's supposed to make the rates competitive actually worked and the rates were competitive

Revisión Publicado hace 4 años

Being treated like a living human and not a number would be great.

Revisión Publicado hace 4 años

Pay is ok thats about it

Revisión Publicado hace 4 años

Employees who feel valued will continue doing their best work and beyond. Micromanaged, underpaid, burnt out employees who are made to feel as if their best is a complete failure and disappointment do not. They simply stop trying and give up

Revisión Publicado hace 4 años

The bonus structure for the company is not a good one and could boost employee morale by modification with employee input/suggestions.

Revisión Publicado hace 4 años

Have annual raises or bonuses

Revisión Publicado hace 4 años

Increase the hourly rate. Performance pay is not attainable for the position I perform. Had I known this I would not have accepted the offer of employment.

Revisión Review del Departamento de Operaciones · Publicado hace 5 años

Instead of the focus being put into the quality of work that was done, all of the focus is put onto the work that wasn't done. Its very difficult to measure one's true success when they have had a load of 3 - 4 times that of someone in the same line of work at other companies, less duties & more pay

Revisión Publicado hace 5 años

underpaid and overworked, bad pay.

Revisión Publicado hace 5 años

To receive pay comperable to new hires plus value as a long- term employee. There is mimimal inclusion....they say there is but there is no action.

Revisión Publicado hace 5 años

Support staff is not valued as highly as Loan Officers or Leadership. Raises are minimal and tasks are constantly added to the load

Revisión Publicado hace 7 años

Pay bare minimum, very little promotion based off work ethic

Revisión Publicado hace 8 años

Should be about 20% higher to be in line with similar positions elsewhere

Revisión Publicado hace 8 años

Review Sentiment at loanDepot

65
65%
35
35%

About loanDepot's Compensation

D+
54/100

Where This Score Ranks loanDepot's Compensation

BOTTOM
25%

In the Bottom 25% of 1748 similar size companies on Comparably

BOTTOM
20%

In the Bottom 20% of 373 companies in Los Angeles

4th

4th place versus 4 competitors rated on Comparably

97 employees at loanDepot score their wages and compensation a D+ on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 45% say Yes. The Operations department is the most satisfied with their compensation, ranking it 65/100, a full 10 pts above the Customer Support department. If you want detailed data about loanDepot's wages, see the <a href="https://www.comparably.com/companies/loandepot/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Experience - 3 to 6 Years
    +28%
  • Experience - Entry Level
    +16%
  • Gender - Female
    +16%

Rate Compensation the Lowest

  • Experience - 6 to 10 Years
    -10%
  • Ethnicity - Caucasian
    -3%
  • Gender - Male
    -2%

How loanDepot's Compensation Score is Calculated

FILTER RATINGS BY

Results from 97 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
45%
No55%
Do you believe you're paid fairly?
AnswerPercent
53%
No47%
Are you satisfied with your Benefits?
AnswerPercent
50%
No50%
Does your company give annual bonuses?
AnswerPercent
Cada 6 meses o menos0%
Todos los años20%
Cada 2 años0%
Cada 3 años o más0%
Nunca80%
How often do you get a raise?
×
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