2.0
May 11, 2012
Recommend
CEO approval
Business Outlook
Pros
The mortgage banking career at Quicken is not for everyone but if your driven, willing to work your ass off while being micromanaged you can make real money especially for kids out of college. The other mortgage banker you work with are laid back and if you can close on the phone you will make 100k plus!
Cons
Quicken Managers micromanage all seniority level bankers, management gets pissed when you take time off, you will work 60 plus hours for the first year or so and at least two Saturdays a month, the turnover is terrible, no loyalty to employees, Upper Management on a Branch level is questionable, Reduce Compensation plan for Mortgage Bankers 6 times in three years (reducing pay and increasing production requirements each time).