Pros
Salary position. Access to learn SFR and Multifamily financing. Managers don’t breathe down your backs. Good position if you enjoy looking at screen and staying at desk all day.
Cons
Intense workload during busy seasons. Salary does not compensate you for overtime. Pay and bonus increases are negligible compared to increased workload for lower end promotions. Pay and bonuses are negotiated during slow times so that the company has negotiating power to say they are not busy to pay you more. Real estate is cyclical, so the timing of pay discussions always coincides with the slowest time for loans. You are expected to bend over backward when asked. Bonuses are not guaranteed. Lay offs tend to happen around bonus season. Despite title changes during promotions, you are still doing the same work