Love this company - Underwriter II loanDepot Employee Review

5.0
19 May 2022
Recommend
CEO approval
Business outlook

Pros

I have worked at 3 lenders and Loan Depot is by far the best and the best work life balance with being remote

Cons

It’s the mortgage industry so business is up and down, but no negatives to the company itself in my experience

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loanDepot Response
4y
Thank you for your feedback and for sharing your experience with others! We look forward to many years of continued success with #teamloandepot.

Explore other reviews about loanDepot

5.0
4 June 2026
Recommend
CEO approval
Business outlook

Pros

Great job really enjoyable work

Cons

Time was very demanding honestly

3.0
2 June 2026
Recommend
CEO approval
Business outlook

Pros

Strong brand recognition and established presence in the mortgage industry. Access to a wide range of loan products to help meet customer needs. Competitive compensation opportunities for high performers. Fast-paced environment that allows employees to develop skills quickly.

Cons

Mortgage industry volume can be cyclical, leading to periods of uncertainty. Fast-paced environment can result in long hours during peak production periods. Frequent changes in market conditions require employees to adapt quickly. Sales and production goals can be demanding. Communication between departments can sometimes be improved. Processes and procedures may change frequently as the company responds to market conditions. Work-life balance can be challenging during busy periods. Staffing levels may fluctuate with changes in loan volume.

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