A Great Starting Point
Pros
Phenomenal starting pay compared to any options I had coming out of school. I was able to pay off my student loans, buy a house, a car, and set myself up for a comfortable life and take care of friends and family. I also met a lot of good people who I now consider to be some of my best friends. My leadership really cared about me and my well being. The training and licensing is great and can help you propel your career as an MLO faster than any other place around.
Cons
It’s really difficult not to get burned out. In the beginning, I was new and the challenge was fresh. I worked 65+ hours weekly and relished the opportunity to make large commission checks. As I continued my career though the goals got higher without an increase in pay, the leads became worse, and I began to feel unethical in some of the things I was doing. My biggest gripe is that leadership will constantly lie to you or put a spin on the changes. Goals going up means “we have an incredible opportunity to take advantage of”. You need to come in on the weekends because there is “too much on the line” not to. The leads haven’t gotten worse, “you’ve just lost your mindset”. I feel like I’ve been gaslighted. I’m tired, it’s impossible for me to get out of bed in the morning because I know I’m in for a full day of groveling for a few financially irresponsible loans that I just need to get over my client’s heads long enough for them to send me their documents. I went through a 6 month period where I hated myself for not having the kind of success I was accustomed to, thinking it was all my fault. Eventually I have realized that my temperament has changed, my morals have shifted, and this job likely isn’t the place for me to stay long term and I know that it’s okay. If I could go back knowing what I know now, I would have still began a career at Quicken Loans because the financial freedom and experience has been worth it, but I will not be here much longer.
