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      loanDepot

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      Related searches: loanDepot reviews | loanDepot jobs | loanDepot salaries | loanDepot benefits
      loanDepot interviewsloanDepot ACES Mortgage Banker interviewsloanDepot interview
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      loanDepot interviews FAQs

      • ACES Mortgage Banker applicants have rated the interview process at loanDepot with 2.7 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 33% positive. To compare, the company-average is 64.8% positive. This is according to Glassdoor user ratings.
      • Candidates applying for ACES Mortgage Banker roles take an average of 21 days to get hired, when considering 3 user submitted interviews for this role. To compare, the hiring process at loanDepot overall takes an average of 15 days.
      • Common stages of the interview process at loanDepot as a ACES Mortgage Banker according to 3 Glassdoor interviews include:

        Personality test:  21%

        Group panel interview:  21%

        Background check:  21%

        Phone interview:  14%

        IQ intelligence test:  14%

        Skills test:  7%

      • Here are the most commonly searched roles for interview reports -

        1. Loan Officer(258) ;
        2. Mortgage Loan Officer(213) ;
        3. Licensed Lending Officer(188) ;
        4. Senior Mortgage Banker(107) ;
        5. Loan Processor(93) ;
        6. Customer Lending Representative(76) ;
        7. Senior Account Manager(66) ;
        8. Mortgage Loan Processor(54) ;
        9. Licensed Loan Officer (LLO)(46) ;
        10. Mortgage Underwriter(46) ;
        11. Underwriter(42) ;
        12. Licensed Loan Officer(41) ;
        13. Customer Service Representative(40) ;
        14. Loan Consultant(34) ;
        15. Account Manager(30) .


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      ACES Mortgage Banker Interview

      May 30, 2013
      Anonymous Interview Candidate
      Declined offer
      Negative experience

      Other ACES Mortgage Banker Interview Reviews for loanDepot

      Mortgage Banker - ACES Interview

      Feb 9, 2014
      Anonymous employee
      Plano, TX
      Easy interview

      Application

      I applied online. The process took 2 weeks. I interviewed at loanDepot

      Interview

      Not a very professional or organized process. Submitted my application and was contacted by a recruiter who scheduled me for a meeting with a hiring manager, and told me I should block off 1 hour of time for the interview. Showed up 30 mins early and was ushered into a room with about 25 other candidates for a group interview, not what I expected, but no big deal. Group interview began 45 minutes late, everyone was asked the same 2 questions, pretty standard interview questions. Then open questions were asked to the whole table. The interviewer was looking for one word or two word exact answers, HIS answers. For example "What trait do you think you will need to be successful in this position?" People answered every answer you could imagine, but none were the "correct" one, because they did not match with what his answer was....really? He also did a lot of talking, seemed like an interesting guy, just too much talking during the interview. After about 4 or 5 questions we were let go, 1hr and 45mins after I was told I would be done. Was also told that I'd need to come back to complete a wonderlic test, and that I would be contacted to do so. Was never contacted to take it. A couple days later I was contacted and informally told I got the job. And that I would start in 1 week. Not nearly enough time to give my current employer 2 weeks notice. I called back to accept, and was told that the start date was pushed back by 1 week...perfect! However I was told that I would need to undergo a credit/FBI background check to see if I was eligible to be licensed, which I consented to. I did not give notice to my job because I wanted a concrete offer in hand before I did so. After my credit check cleared I called the recruiter multiple times to ask for an offer in writing and I never heard back. I am again one week out from the start date with a tentative offer, I will likely decline.

      Interview questions [1]

      Question 1

      What's going the be the biggest obstacle of working here?
      Answer question
      5
      avatar
      loanDepot response
      12y
      Thank you for taking the time to write about your experience applying and interviewing at loanDepot. We appreciate both constructive and positive feedback! We apologize for not making our ACES interview process clearer on the phone, I've spoken with our Director of Recruiting and she's reiterated to the recruiting team to be very clear about the process to all candidates. I've also shared with her the additional feedback regarding your offer. We apologize for not being able to meet your expectations as a potential employer.
      Accepted offer
      Positive experience
      Average interview

      Application

      I applied through an employee referral. The process took 4 weeks. I interviewed at loanDepot (Plano, TX)

      Interview

      The hiring process was great. I was out of the country at the time I applied. HR emailed me back very quickly and were lenient on setting up the phone interview (due to my 13 hour time difference.) Because I was out of the country, my second interview was over the phone instead of in the office. The phone interviews were easy and I feel the main purpose of them is to see how open you are to new people over the phone and to get an understanding of your personality. After the second phone interview, I was invited to a group interview that consisted of around 15 other candidates. Each candidate answered the same two questions. Afterwards, HR called within a few days with their offer.

      Interview questions [1]

      Question 1

      Biggest professional win and what you bring to the table.
      Answer question
      1

      Mortgage Banker - ACES Interview

      Dec 4, 2013
      Anonymous Interview Candidate
      Plano, TX
      No offer
      Neutral experience
      Average interview

      Application

      I applied online. The process took 3 weeks. I interviewed at loanDepot (Plano, TX)

      Interview

      After applying online, I received a call from a recruiter within a couple of days. An interview was scheduled about a week later. A day or two before the interview, they will email you a personality test. On the day of the interview, you will be asked to take a Wonderlic test as well. In the first interview I had, there were just a few of us and it was pretty typical, although it is a group interview. It is not a one on one. If you make it past that interview, you are asked to return for another group/panel interview that consists of all the people that make it through the previous round. In my experience, most of the people in there were pretty sharp. They go around the room, giving everyone an opportunity to answer each question. The interview consisted of just a few questions but it lasts a long time because there were about 15-20 candidates in there. The range of candidates was very diverse as well.

      Interview questions [4]

      Question 1

      What is your biggest accomplishment?
      Answer question

      Question 2

      What is you bring to loanDepot that will make you successful?
      Answer question

      Question 3

      What is an adjective that describes your work ethic(or something to that effect) ?
      Answer question

      Question 4

      What is your biggest weakness?
      Answer question

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