Quicken Loans Reviews

Updated 18 Jan 2021

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3.9
72%
Recommend to a Friend
89%
Approve of CEO
Quicken Loans CEO Jay Farner
Jay Farner
720 Ratings
Pros
  • "flexibility and great work environment(in 165 reviews)

  • "Culture - QL really works at having a great culture for team members(in 138 reviews)

Cons
  • "Long hours but they provided opportunities for work life balance(in 291 reviews)

  • "Hours did difficult work life balance(in 281 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Featured Review
    Helpful (19)

    "A Company like no other"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time for less than a year

    Pros

    You're what you make yourself. The only thing that holds you back is yourself. No matter the tenure or seniority, you're still respected, and you have all the tools to make yourself great. You can have an opinion, and not feel scared or have your career threatened. Just recently the company gave EVERY. SINGLE. EMPLOYEE a computer to work from home, keep assisting our clients, and to continue to make a living. Thank you Dan Gilbert, and Jay Farner, and the rest of the people who made it possible to work at such an amazing place, and help the most amazing clients. I would never have it any other way.

    Cons

    No cons for this job

    Continue reading
  2. "Good company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Deed Specialist 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time

    Pros

    Everything is great with quicken

    Cons

    Lot of hours you have to put in


  3. "Great Place to Work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time for less than a year

    Pros

    CEO and other leaders very present

    Cons

    401k matching limited to $3500

    Continue reading
  4. "Changed my life"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Banker in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time for more than 3 years

    Pros

    The company has made huge strides to continually listen to their team members and make changes accordingly. The money I’ve made has changed my life. Good benefits and amazing sales training

    Cons

    Not much of a con but if you want to make life changing money you’ll have to work for it. Stay away if you’re looking to kick back and relax.

    Continue reading
  5. "Good pay, little to no work life balance"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Mortgage Loan Officer in Detroit, MI

    I have been working at Quicken Loans full-time for more than 3 years

    Pros

    Great benefits Opportunity to earn a lot of money

    Cons

    Long work days (60-80 hours a week) No opportunity to move within company if you’re a banker. They say you can transfer but I get lied to every time I try due to hours

  6. "Great Place to Start Career"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Capital Markets 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time

    Pros

    Sounds dumb, but truly a work hard/play hard environment. Incredible place to begin your career, there are very few companies out there that you can learn so much early on in your career journey. You will work long hours, and have a great resume if you choose to move on. Vacation policy and benefits are best in class from my experience.

    Cons

    Work life balance, pay is below market.

  7. "One of the best in the business"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Banker in Detroit, MI
    Recommends
    Approves of CEO

    I have been working at Quicken Loans full-time for less than a year

    Pros

    Career advancement is endless and many opportunities to work elsewhere within the company

    Cons

    Work/life balance is lacking as we are expected to work 6 days a week

  8. "Great Opportunities"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Licensed Mortgage Loan Originator in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans full-time for more than a year

    Pros

    Quicken Loans provides world class training. They go above and beyond to make sure every employee has the tools they need to succeed in a very competitive industry.

    Cons

    Work life balance in the beginning can be hard to find.

  9. "Quicken"

    5.0
    Current Employee - Senior Banker in Detroit, MI

    I have been working at Quicken Loans full-time

    Pros

    Great company to work for

    Cons

    Nothing I can think of

  10. "Love it here"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Banker in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Quicken Loans full-time

    Pros

    Great money, great people and super fun.

    Cons

    Lots of work but be organized and you'll do fine.

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