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Employee reviews

3.88/5

Out of 8 loanDepot reviews, 63% were positive.

5 stars

4 stars

3 stars

2 stars

1 star

Based on 8 ratings

Overall rating
3.9
Diversity and inclusion
4.7
Management
3.7
Work environment
4.3
Salary and benefits
4.0
Career opportunities
4.0
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loanDepot reviews

Employee reviews
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2.0
A zippia user wrote a review on Oct 2019
Pros of working at loanDepot

Short commute, good co-workers, steady hours,

Cons of working at loanDepot

There is not very much room for growth, no reviews, no raises, no overtime, lots of turnover, very poor compensation, poor communication from upper management. Fewer and fewer perks every year. Health care getting worse and more expensive every year.

loanDepot benefits

They do offer a 401k match. Who know when that will also be taken away as well.

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4.0
A zippia user wrote a review on May 2021
Pros of working at loanDepot

The compensation is great. The management team has good communication.

Cons of working at loanDepot

Work Life Balance.

loanDepot benefits

The bonus structure

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4.0
A zippia user wrote a review on Jun 2023
Pros of working at loanDepot

Very high earning potential, uncapped commission

Cons of working at loanDepot

The position was stressful, over time was required at times

loanDepot benefits

I got to work remotely

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at loanDepot

Great training and support

Cons of working at loanDepot

It was not flexible.

loanDepot benefits

It was located close to my home

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5.0
A zippia user wrote a review on Dec 2021
Pros of working at loanDepot

great enviornment. always provides opportunity for advancement and training. Pay is higher than average.

loanDepot benefits

bonus

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5.0
A zippia user wrote a review on Dec 2021
Pros of working at loanDepot

great enviornment. always provides opportunity for advancement and training. Pay is higher than average.

loanDepot benefits

bonus

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at loanDepot

Great training and support

Cons of working at loanDepot

It was not flexible.

loanDepot benefits

It was located close to my home

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loanDepot salaries

8.8
Salary score
The national average salary for a loanDepot employee in the United States is $50,440 per year or $24 per hour. Employees in the top 10 percent can make over $100,000 per year, while employees at the bottom 10 percent earn less than $25,000 per year.

loanDepot demographics summary

9.8
Diversity score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce

loanDepot financial performance

9.8
Performance score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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