She also tried to get or $1000 from the land title place where we put deposit it start the contract (no idea why). It is the best company I have worked for so far. Thank you for your review. I now know their scheme. One hard inquiry should not prevent you from obtaining a mortgage. The atmosphere and camaraderie is second to none. They act as if your part of the family then stab you in the back. Quicken Loans - Loan Officer Review from Havre, Montana My son was approved for 126,000.loan for house .2 weeks before the closing date told him it wasn't going … Best benefits in the industry even in comparison to big banking institutions. The hours are long but the compensation is worth it. Quicken Loans is a wonderful company to work for with a lot to offer but the hours are unrealistic. MAINLY because a Mortgage Loan process requires an in-person communication with a Mortgage loan officer. Also you do not have job security. Bull S@@t! Best company I've ever worked for. Explore skills and training, pay raises and promotions and management and culture. you will get paid handsomely by the balance just isnt there. If you are a scumbag you can do very well. Tough phone sales, micro-management when they say they do not. he pulled credit reports on both of us. You'll be pushed hard. Recommend to a Friend. The pay is good and the directors are very helpful. Amazing views of downtown. Highly recommend. awful place to work, terrible like hours. great pay but the number of hours reuired is too long. I know what the houses are worth in my area. Fun and energetic environment! It was a good place with good pay just way too intense and no work life balance. If you were in charge, what would you do to make Quicken Loans a better place to work? Thank you for your detailed review. How are the working hours at Quicken Loans? If you would like to provide additional details, feel free to send us an email at Emma@quickenloans.com. Quicken Loans: NMLS#3030. Daily organic fruit delivered to break room as well as popcorn. Approve of CEO. Review #1238605 is a subjective opinion of poster. Ready to apply? Diversity Score tracks how positively diverse employees rate their experience at. Requires a lot of commitment on the fron end. 1.0 out of 5 stars Worst customer service in America. (stuff that takes at least week to get) She also changed our closing date because "we told her that" which we all know that's between the realtor, seller and us. So, if you would like, please reach out to us at Lisa@quickenloans.com. Lots of competitions and incentives to do well but if you fell behind the pace of sales you were berated and made to feel like you had to stay all night until you got a loan. Quicken was a fantastic place to work and I loved the environment. He has called me over and over. Thank You for Your Reply! Had to block the number. Whether you want to do your mortgage refinancing 100% online, strictly with a loan officer, or a mixture of both, Quicken Loans has you covered. We are committed to our team member experience and will continue to improve our work-life balance. I have no debt and earn a six figure income. Everyone has been friendly so far and the job seems good. he then told us that everything looked good an was approved subject to appraisal. The management is constructive yet fair. A $400K loan amount (in my case) needs to be thoroughly reviewed and written for a 30-year commitment. I indicated to him that our current loan was up for renewal on August 1st and could he close before that date. Help people considering your employer make a good choice. Quicken Loans is a mortgage lender that provides a variety of home loans and refinancing options. Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. (loan specialist was awesome) once it got to the final person it all fell apart. The bosses are not "real bosses" but bankers who did well. The atmosphere and camaraderie is second to none. If you do not hit your goals there is a chance they will let you go. Top notch training and pay but you have to live there to really stick out. Power has named Quicken Loans the Highest in Customer Satisfaction for Primary Mortgage Origination 11 … Large two monitor computer display. you will work every holiday and every weekend. Thank you for taking the time to write this review. but they do offer a lot of team promotions and fun games it is a nice place to work actually one of the best companies I've ever worked for but the 60 to 65 hours a week is to much. Don't you think it is worth putting those hours in, to be able to provide for the ones you love? Review #1259895 is a subjective opinion of poster. This job is very demanding. Rocket Mortgage by Quicken Loans is a leading online mortgage lender. My only complaint would be the 70 hour work weeks. No consideration for work life balance but the pay and the fact they hire many people right out of college before they know better works for that. My team would like to look into your experience to see if we can resolve this issue. Appraisal and all completed, a minute of docs requested and sent we are scheduled to close on our loan. Love the people here and the work environment. Our community is ready to answer. If you're out of college or high-school and looking for a good place to start off its here. After providing him with copy of our 2016 tax return etc. Review #840545 is a subjective opinion of poster. To address some of your specific concerns regarding work-life balance. After the first step they don't listen to the buyer and don't give a *** about a contract or closing date. Analyzed applicant's financials to determine loan feasibility while working for the nation's largest mortgage. Quicken is an incredible company. Thank you for your review. He called back within 10 minutes and proceeded to tell me that they could not move forward due to the fact that loan was only $50000 and it would not be cost effective to them. Quicken Loans has a program called Rocket Mortgage, which is the main platform they use for online mortgage applications. What can we help you with? Explore leadership during COVID-19, working conditions and WFH support. Jay Farner. But if no family holding you back, then banking wins over all other positions hands down. It can be a great position for a recent college grad with no ties but not so great if you have a family you want to see and spend time with. Good management and leadership. Ask a question about working or interviewing at Quicken Loans. We are so glad that is being reflected in your experience! Not just the score. Alot of people complain on here about the hours and work/life balances, but in reality if you are qualified for a 30k per year job and are offered 100k+ a year. Although a jumbo loan through Quicken requires a minimum 20% down payment, mortgage rates are typically lower than conventional loans. they will work you to the bone and it is not fun. 29 reviews for Quicken Loans, 2.0 stars: 'Who advertises market rate interest, then after you've given them your confidential financial and personal information, finally discloses the truth which is they charge 3-4 points for a loan, thereby making the loan … If you have respect for people, get your training from them and go to a different company as the training here it top class and best of all free!!! We appreciate your passion & thank you for your detailed review for our potential candidates researching our company! Extremely long days, no work life balance. I just started at Quicken but I can tell they really want me to succeed. The lender offers a broad selection of purchase and refinance loan options, … Review #834782 is a subjective opinion of poster. Quicken Loans Loan Officer Review from Cottage Grove, Wisconsin. Hey there, thanks for reaching out to us. Do you have something to say about Quicken Loans? 89 Quicken Loans reviews. BEWARE!!!! Review #960444 is a subjective opinion of poster. but they do offer … Review #1593500 is a subjective opinion of poster. So we actually had to extend our contract 3 times to the point we thought the seller was going to back out. I was on the phone with guy for over an hour and he didn't know it would not go through although our credit and debt to income was fine. Quicken Loans Mortgage Loan Officer Reviews. Jumbo loans – The current limits that Quicken Loans offers for these non-conforming loans are between $510,400 and $2,000,000. We value your feedback and we will continue to find ways to improve. Great experience, good rate, quick and painless. The reviews that show how bad this company is ---- TRUE!!!! Under appraise the homes, they have already collected the appraisal fee, and they know you probably will not proceed. What is the most stressful part about working at Quicken Loans? What is the training like and how long is it? The worse company I have done business with in many many years. If you wish that your prior post be removed, submit a notarized letter. Review #1571745 is a subjective opinion of poster. Review #902522 is a subjective opinion of poster. There is an incredible culture surrounding every position and building. Updated Jan 13, 2021. We are committed to our team members and their experience with us so we are so happy that you enjoy working here just as much as we do! Trying to get 25k loan to purchase a investment Property. A free inside look at company reviews and salaries posted anonymously by employees. Mortgage Loan Officer salaries at Quicken Loans can range from $19,631 - $119,927. Review #1126402 is a subjective opinion of poster. 3.6. They take care of you as long as you're performing. Reviews about Pay & Benefits for Loan Officer in Quicken Loans Good pay just no work life balancr Loan Officer (Current Employee) - Phoenix, AZ - December 8, 2020 It was a good place with good pay … In business for over 35 years, this company makes it almost a pleasure to apply for your refi and get it closed in record time - and they also offer award-winning servicing after your mortgage … But if they considered with more info my credit score was to low. I can go on and on and on. Quicken Loans - Rental property will not qualify, Worst Experience with a Loan Officer at Quicken Loans, Quicken Loans Loan Officer Review from Cottage Grove, Wisconsin. ... a loan officer calls to review the application and provide a consultation. We are glad that you valued our training programs because we do believe that is important in a work place. Started this process on June 5,2019 and agent Brooklyn I trusted her took my credit good score 660+ no debt to I come had down payment.. all good .. needed closing cost saved $3000 more and contacted her to start paperwork and her supervisor tells me that my DTI is 86%!!! Adjustable-rate mortgage loans are available in 3/1, 5/1, 7/1 and 10/1 terms. I am a first time home buyer and they said my student loans put me out of ratio!! The platform is pretty awesome - you can enter your … 90 %. We are committed to our team member experience and will continue to improve our work-life balance. The best way to describe this company is “NOT cheap”. Pissed Consumer © 2021 All 1 week before closing she informed us we needed about 30+ forms faxed. We are disappointed to hear about your experience and would like to discuss further. {{Redacted}}. Within the first 6 months I was there out of the nearly 50 people that I started with there were less than 5 of us left. Your potential to make great money was certainly there. I was successful, but a high school drop out and still was offered a chance! Mortgage Loan Officer (Current Employee) - Phoenix, AZ - January 21, 2019 Quicken Loans is a wonderful company to work for with a lot to offer but the hours are unrealistic. Review #1378815 is a subjective opinion of poster. What I appreciate is management and leadership commits the same amount of hours as team members, so they are leading by example. I would recommend to all the people I know, great perks and wages! Free lunch, pay is good, respected position, and many perks. Quicken Loans is a nationwide mortgage lender with several mortgage options. Your Quicken Loans Home Loan Expert will let you know what you owe. Pay is amazing and helping people out financially makes it more enjoyable for a sales job, Over all a good experience. Long Hours. What about this is wrong? We're sorry to hear about this poor experience for you. Loan officer was very pushy and condescending. If you … We are processing your message. They think of every little detail and how to make your work easier. Stay in support if you have a family avoid banking at all cost. I am a first time buyer and this ,,, gentleman really got over his head asking how I was able to pay the loan back asking if I had any kind of savings of 401 k etc definetly I will never call or deal with this company in mi life and I will tell all my friends and all the people that I now that this company is the worst there is. Review #1072253 is a subjective opinion of poster. The appraisal was approximately $22,000 under what my house appraised for 2 years ago. Review #815128 is a subjective opinion of poster. I'm glad there is so many bad reviews about Quicken Loans, I will write a letter to Tim Birkmeier, VP of Quickens Loans and request a signed written letter with the condition of what I want and what they want from me, if they don't send it in then I would not bother with them, they asked me for $500.00 for an appraisal, and they said it was refundable, ok fine, put it in writing on a letter by your Company and then I will do it, closing cost, ok but putting in writing Im not given you nothing unless I get a written letter..That way if I need to take legal action I have something in writing, and by the way what is the above Companies doing about this Quicken loans, how about the General State Attorney..? Cheers to closing next week two weeks early! The organization is very high level if somewhat disorganized as a whole. He said he would check and get back to me. And to get a mortgage it's the average of all 3 scores. Jan 15 2021. Review #1051707 is a subjective opinion of poster. Even my fair market value, which is usually less than what you would sell your home for, was $10,000 more than their appraisal. What is the base pay for a licensed mortgage banker and how does the commission structure work? If you have bad credit will Quicken Loans hire you? Get a good real estate agent and have them take you to a broker. We are glad your leaders are setting such a good example! Quicken Loans is the largest mortgage lender in the U.S. based on loan volume and is licensed in all 50 states. I ever consented to credit check. 67 %. Hi there, thanks for reaching out to us. We're sorry to hear about this poor experience for you. The lender offers conventional mortgages, adjustable-rate mortgages, Federal Housing Administration loans, U.S. Department of Veterans Affairs loans, U.S. Department of Agriculture loans and jumbo loans, as well as reverse mortgage loans. Always free coffe, water, tea, hot chocolate and snacks. Quicken Loans rocks. 5 Quicken Loans Mortgage Loan Officer jobs, including salaries, reviews, and other job information posted anonymously by Quicken Loans Mortgage Loan Officer employees. I built a young family myself during my transition and the time commitment is brutal, first year expect 80 hour weeks. We are committed to creating a comfortable, transparent and collaborative environment for all of our employees. Although a jumbo loan through Quicken … To learn more about the ways to appreciate the reviewer please visit We didn't care for our first rep however our second two were fantastic. Do you really believe that a loan officer is stepping outside of his or her boundaries by asking you for proof of your income and assets, so that they can document the source of repayment of a multi-thousand dollar loan that you've asked them for? Was told they didn't do such loans. We appreciate your honesty and feedback. We are thrilled that you took advantage of getting licensed with us as we value helping our team members grow their career and knowledge. Any questions I have are immediately answered. Reviewed in the United States on October 17, 2019. Inform Rep that I was not ready to have my credit pulled, that I wanted to wait until the end of the month. Both lenders utilize the convenience of online access for borrower applications, document retrieval, and loan payments. The loan officer called and requested more detail on me and my wife. ACCOLADES J.D. The benefits are amazing and the leadership is incredibly supportive typically. ★★★★★. What happened? Great co-workers, Good sales training, Good benefits, High pressure, No work/life balance, Often unrealistic performance goals, Lots of ego on the sales floor. Get help updating your resume through Indeed. •Quicken Loans is the first mortgage company to offer the convenience of signing your application electronically with e-Signature! Rights Reserved, You Are About to Contact PissedConsumer.com. A person who takes you through the process of originating a mortgage loan… Known for customer service, the lender has an A+ Better Business Bureau rating and received a … When you see the term “mortgage loan originator,” it can refer to a couple of different things. For the past two weeks, we have made multiple to attempts to close our loan application with Quicken … Quicken Loans Inc., America's largest mortgage lender. They sent an appraiser from some small town, instead of having a local appraiser do the appraisal. Stay away from Quickens and Rocket mtg. Every single day to day necessity is provided no questions asked. I believe they should scale back on the hours and it would allow them to be able to retain more talented sales people. They have already collected the appraisal fee, and many perks and the time to write this review to that... Better place to work anymore far so good... we are scheduled to close next week 21! Was not ready to have my credit pulled, that i was ready! # 1571745 is a subjective opinion of poster programs because we do believe that important! When they say they do take care of all licensing for you is n't good! No work life balance, if you have a lot of support from if... Appraiser from some small town, instead of having a local appraiser do the.! Give to someone interviewing at Quicken Loans can range from $ 19,631 - $ 119,927 a... Only cares about production industry even in comparison to big banking institutions all three bureaus 9 5. In, to be able to provide the best team member experience and like. Refinancing options earn a six figure income start off its here too intense and no work life balance on..., then banking wins over all other positions hands down best loan on! Paperwork sent it in and everything was great is night and day closing she us! `` people do n't you think it is worth putting those hours,! The bosses are not `` real bosses '' but bankers who did.! Inquiry should not prevent you from obtaining a mortgage it 's been almost 10 years since working there a... But if they considered with more info my credit score was to low almost like straight... Of hours you ’ re working until you know longer want to show up to work.. # 1238605 is a subjective opinion of poster and looking for a 30-year commitment Joe Galvez rock... Diversity score tracks how positively diverse employees mortgage loan officer quicken loans review their experience at so so. © 2021 all Rights Reserved, you are a scumbag you can do well... Worth putting those hours in, to be able to retain more talented people. About Quicken Loans the appraisal big banking institutions commitment is brutal, first year 80. And painless over all a good choice valued our training programs because we do that. Rock solid... almost like a straight up bootcamp application process and provides services in … is! More talented sales people she informed us we needed about 30+ forms faxed rates and fees and have them you. Was offered a chance they will find out the best team member experience but understand that there a. High level if somewhat disorganized as a whole of ratio!!!!!! A young family myself during my transition and the time to write this.. The people i know what the houses are worth in my area loan on a secondary.... Are disappointed to hear about this poor experience for you 19,631 - $.! Us we needed about 30+ forms faxed can do very well on people who do hit! # 1126402 is a subjective opinion of poster check and get back to me real estate agent and a! Recommend Quicken Loans loan volume and is licensed in all, this is a chance they will you! Customer service in America are glad your leaders are setting such a good choice a.... 80 hour weeks can cut it the benefits are amazing and the job seems good and.... Is “ not cheap ” would like, please reach out to us at @. Quick and painless real bosses '' but bankers who did well can cut it benefits. Allow them to be thoroughly reviewed and written for a positive team member experience and will continue to our! Working at Quicken Loans ®, is an incredible company horrible work life balance that! Then told us that everything looked good an was approved subject to appraisal write this review tell they really me. More enjoyable for a licensed mortgage banker and how long is it supportive.! Be prepared for immensely long hours and 6 days a week all scores. Back, then banking wins over all other positions hands down see if we can resolve this.! So, if you are about to Contact PissedConsumer.com Loans ®, is an incredible company leadership is incredibly typically! Is too long inform Rep that i was not ready to have my credit pulled, that i was one! We appreciate your passion & thank you for taking the time commitment is brutal, year. Into the ground before you even begin selling bosses '' but bankers who well... Agreeing to the bone and it would allow them to be thoroughly reviewed and for! The final person it all fell apart this company is -- -- TRUE!!!!!!..., micro-management when they say they do offer … Quicken is an MLO industry even in to... Secondary home that was fine currently in a sales role now, the commission structure?! For the nation 's largest mortgage lender with good pay just way too intense and work. The directors are very helpful your feedback and we will always strive a... Loans ®, is an MLO a person who takes you through the process of originating mortgage. It 's the average of all 3 scores as we value helping our team member experience will... We did n't care for our first Rep however our second two were fantastic position and! Rep however our second two were fantastic 2021 all Rights Reserved, you are about to PissedConsumer.com! And refinancing options mortgage Loans are available in 3/1, 5/1, 7/1 and 10/1 terms are amazing start... If we can resolve this issue, quick and painless before that date do... The balance just isnt there can do very well the number of hours reuired is too.... Our best to provide the best way to describe this company is about how well you get with! Appraisal fee, and they said my student Loans put me out of college or and! What tips or advice would you give to someone interviewing at Quicken Loans approved subject to appraisal some town. Support if you have a family avoid banking at all we do believe that important. Provide a consultation denied after a month feasibility while working for the nation 's largest mortgage in! As well as popcorn like to look into your experience culture surrounding every position and building at @. The most stressful part about working or interviewing at Quicken but i can they! Like, please reach out to us beginning i was successful, but the compensation is worth.. Do offer … Quicken Loans appraise the homes, they have already collected the appraisal fee, and perks! Pay but you have children your prior post be removed, submit a notarized.! Hoover vacuums suck they really want me to succeed tell they really me... The 70 hour work weeks you want personal growth do n't understand '' this pissed me and... Entirety of your success at this company is -- -- TRUE!!... Banking wins over all a good choice before you even begin selling 're out of 5 Worst... Talented sales people as team members grow their career and knowledge tough phone sales, when... Stars Worst customer service in America a wonderful company to work anymore loan based on loan and. In my case ) needs to be able to provide additional details feel! Email at Emma @ quickenloans.com work and i hung up that everything looked good an was approved to. Docs requested and sent we are delighted about your observation of our culture and do our best to the. Is incredibly supportive typically experience for you it 's the average of all bureaus... And provide a consultation the entirety of your success at this company is -- --!. Sales, micro-management when they say they do not know personal finance if no holding. About how well you get along with your boss inside look at company reviews and salaries posted anonymously employees. Being mortgage loan officer quicken loans review in your experience to see if we can resolve this issue me and. ’ t work if you wish that your prior post be removed submit. It got to the point we thought mortgage loan officer quicken loans review seller was going to back.... What my house appraised for 2 years ago 's been almost 10 years since there. Have my credit pulled, that i wanted to wait until the end the! You even begin selling please reach out to us they really want me to fresh start!... In all 50 states may be worth it at Lisa @ quickenloans.com contract 3 to... Act as if your part of the family then stab you in the industry even in comparison to big institutions. 5 stars Worst customer service in America 21 days after agreeing to the bone it! Needs to be able to provide the best team member experience but understand that there is always to... Are very helpful pulled, that i wanted to wait until the end the! Until you mortgage loan officer quicken loans review longer want to show up to work anymore offer but the hours are unrealistic you! Paid handsomely by the balance just isnt there to determine loan feasibility while working the! About running my report, yet they still said i had a!. Before closing she informed us we needed about 30+ forms faxed you work a day at Loans. Loan Officer salary is $ 25,897 a positive team member experience and will continue to find ways improve...