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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

CEO: Anthony Hsieh

loanDepot Company Culture

loanDepot Culture

This score is derived from employee ratings & reviews

2.7/5

loanDepot's Overall Culture is rated D

Top Rated Culture Dimensions

Gender

C+

Manager

C+

Diversity

Environment

Office Culture

C-

loanDepot CEO

Bottom 15%Bottom 15% of Similar Size Companies on Comparably

Anthony Hsieh

55 /100

A Day in the Life

loanDepot employees generally work 9.6 hrs a day

Work Hours

A Day in the Life

Employees at loanDepot report the work pace is extremely fast

Work Pace

A Day in the Life

67% of loanDepot employees look forward to interacting with their team every day

Coworkers

A Day in the Life

loanDepot employees most often take 15-20 paid vacation and sick days each year

Perks & Benefits

A Day in the Life

40% of loanDepot employees report they are happy with their work life balance

Work Life Balance

A Day in the Life

loanDepot employees typically get valuable feedback on how to improve at work Once a month

Feedback

A Day in the Life

61% of loanDepot employees call their work environment positive

Environment

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H1B Visa

In 2019, loanDepot applied for 8 H1B visas. Of the work permits applied for, 75% were approved.

Work Permit Application Outcome

Total Applied

H1B Applications Outcome

75% Granted (6 out of 8)
0% Denied ( out of 8)
0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 8)
25% Certified-Withdrawn Application was approved but later withdrawn by employer (2 out of 8)

This data was calculated using publicly sourced data from OFLC Performance Data

Gender Score How positively women rate their overall experience at loanDepot

Top

50%

loanDepot currently ranks in the Top 50% of similarly sized companies on Comparably

Diversity Score How positively minorities rate their overall experience at loanDepot

Bottom

45%

loanDepot currently ranks in the Bottom 45% of similarly sized companies on Comparably

eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"

Bottom 25%Bottom 25% of Similar Size Companies on Comparably

-35

eNPS Score

26%	Promoters
13%	Passives
61%	Detractors

loanDepot Culture Video

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Mission, Vision, & Values

Our goal is to be the home loan lender of choice for consumers and the employer of choice, by being a company that operates on sound principles of exceptional values, ethics and transparency.

Learn More

loanDepot Culture At a Glance

Overall, the 231 loanDepot employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at loanDepot are mostly dissatisfied with their total compensation at loanDepot, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at loanDepot are not very pleased with their team. 231 Participants grade the quality of their coworkers a C-. Less than half believe the meetings at loanDepot are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at loanDepot believe the environment at loanDepot is positive. Most Participants believe the pace of work at loanDepot is extremely fast. About 46% of the employees at loanDepot work 8 hours or less, while 10% of them have an extremely long day - longer than twelve hours.

Overall, the employees at loanDepot are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

231 employees at loanDepot have reviewed loanDepot across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 10 days ago. Overall, the 231 loanDepot employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.Employees at loanDepot are mostly dissatisfied with their total compensation at loanDepot, which includes a combination of pay, stock and equity, and benefits. Overall, employees at loanDepot are not very pleased with their team. 231 Participants grade the quality of their coworkers a C-. Less than half believe the meetings at loanDepot are effective, and the majority look forward to interacting with their coworkers.The majority of employees at loanDepot believe the environment at loanDepot is positive. Most Participants believe the pace of work at loanDepot is extremely fast. About 46% of the employees at loanDepot work 8 hours or less, while 10% of them have an extremely long day - longer than twelve hours.Overall, the employees at loanDepot are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

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Perks & Benefits

Health & Wellness: Health Insurance

Paid Time Off: PTO / Vacation Policy

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