Two days before signing my loan documents Quicken Loans walked away with no explanation. I would recommend to all the people I know, great perks and wages! Trying to get 25k loan to purchase a investment Property. Jan 15 2021. Jay Farner. Rocket Mortgage by Quicken Loans is a leading online mortgage lender. What is the training like and how long is it? awful place to work, terrible like hours. Always free coffe, water, tea, hot chocolate and snacks. What about this is wrong? I am a first time home buyer and they said my student loans put me out of ratio!! Review #1378815 is a subjective opinion of poster. Quicken is an incredible company. Review #1571745 is a subjective opinion of poster. The benefits are amazing and the leadership is incredibly supportive typically. The hours are not 9 to 5 s must be very flexible and have a lot of support from family if you have children. Quicken Loans Loan Officer Review from Cottage Grove, Wisconsin. 90 %. Quicken Loans has a program called Rocket Mortgage, which is the main platform they use for online mortgage applications. Ask a question about working or interviewing at Quicken Loans. Not just the score. A company that does mortgage originations, like Quicken Loans ®, is an MLO. The management is constructive yet fair. In my humble experience, a GOOD mortgage loan officer … Help people considering your employer make a good choice. Known for customer service, the lender has an A+ Better Business Bureau rating and received a … Driven by production alone. Desks are all electronic and can be raised to specific height. Cheers to closing next week two weeks early! 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. They do take care of all licensing for you. (loan specialist was awesome) once it got to the final person it all fell apart. If you are a scumbag you can do very well. They sent an appraiser from some small town, instead of having a local appraiser do the appraisal. On average, how many hours do you work a day at Quicken Loans? MAINLY because a Mortgage Loan process requires an in-person communication with a Mortgage loan officer. Received a call from Quicken Loans Rep Joe Galvez. We are glad that you valued our training programs because we do believe that is important in a work place. The worse company I have done business with in many many years. Review #902522 is a subjective opinion of poster. We are thrilled that you took advantage of getting licensed with us as we value helping our team members grow their career and knowledge. Thank you for taking the time to write this review. The appraisal was approximately $22,000 under what my house appraised for 2 years ago. Learn more about Quicken's loans, rates and fees. We value your feedback and we will continue to find ways to improve. 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. Horrible work life balance, if you have a family take the time to think it over first. Stay in support if you have a family avoid banking at all cost. The reviews that show how bad this company is ---- TRUE!!!! Thank you for your review. We appreciate your passion & thank you for your detailed review for our potential candidates researching our company! Some creditors report to different bureaus. Thank you for taking the time to write this review. Review #1259895 is a subjective opinion of poster. Asked for paperwork sent it in and everything was great. he then told us that everything looked good an was approved subject to appraisal. Daily organic fruit delivered to break room as well as popcorn. To address some of your specific concerns regarding work-life balance. I believe they should scale back on the hours and it would allow them to be able to retain more talented sales people. Quicken Loans is a mortgage lender that provides a variety of home loans and refinancing options. We appreciate your honesty and feedback. Quicken Loans reinvented mortgage lending with its online experience, Rocket Mortgage. 89 Quicken Loans reviews. Extremely high turnover rate. I ever consented to credit check. Very quick, friendly in all cases, efficient, knowledgeable--worked hard to get me the best deal (cash out on a … Against my gut feeling I agreed and like I told the representative (Alex Alusheff), they weren’t able to help me. What happened? The typical Quicken Loans Mortgage Loan Officer salary is $25,897. Tough phone sales, micro-management when they say they do not. He has called me over and over. 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. Along with that, we are also providing work from home options as we value the talent and skills that our team members bring to our company and we want to ensure the best team member experience possible. 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. The compensation was insane and the work was fun. Was told they didn't do such loans. Let's face it: no two homebuyers are the same. What is the base pay for a licensed mortgage banker and how does the commission structure work? After providing him with copy of our 2016 tax return etc. Thank You for Your Reply! And they denied the mortgage and sent me to fresh start!! We're sorry to hear about this poor experience for you. We are committed to our team member experience and will continue to improve our work-life balance. What a waste! I can go on and on and on. Our community is ready to answer. I would also like to say that it was good, There are very good jobs at QL, but if you are going into banking just be aware of all the changes there are. Thank you. ACCOLADES J.D. he pulled credit reports on both of us. 3.6. I built a young family myself during my transition and the time commitment is brutal, first year expect 80 hour weeks. There is an incredible culture surrounding every position and building. Training was rock solid...almost like a straight up bootcamp. See more Quicken Loans reviews by job title, Explore information on salaries, job satisfaction, skills and more, Learn about Quicken Loans in popular locations. 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. A person who takes you through the process of originating a mortgage loan… However, if you are in the banking role be prepared for immensely long hours and 6 days a week. Flexible hours as well. Just depends on the person. So, if you would like, please reach out to us at Lisa@quickenloans.com. 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%!!! Bull S@@t! Adjustable-rate mortgage loans are available in 3/1, 5/1, 7/1 and 10/1 terms. We are so glad that is being reflected in your experience! The atmosphere and camaraderie is second to none. 1.0 out of 5 stars Worst customer service in America. We are processing your message. You'll be pushed hard. What is the most stressful part about working at Quicken Loans? But if no family holding you back, then banking wins over all other positions hands down. To make your work easier states on October 17, 2019 would n't Quicken. This is a subjective opinion of poster many many years long as you out... Potential candidates researching our company me off and i hung up are to... And training, pay is good and the time to write this review him with copy of 2016! Thoroughly reviewed and written for a sales role now, the commission structure work ask a about. My Worst enemy best way to describe this company is “ not cheap ” the largest.!, like Quicken Loans ®, is an incredible company number of hours you ’ mortgage loan officer quicken loans review working until you longer. 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